Chongqing Brewery Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	-	753	1,082	2,713	3,398	2,355
Trading Asset Securities	-	448.48	22.48	374.59	3.83	501.09
Cash & Short-Term Investments	1,201	1,201	1,104	3,087	3,402	2,856
Cash Growth	-46.27%	8.82%	-64.24%	-9.24%	19.10%	46.03%
Accounts Receivable	-	87.41	63.42	64.63	65.51	109.24
Other Receivables	-	17.69	27.59	23.99	17.62	11.83
Receivables	-	105.1	91.01	88.62	83.13	121.07
Inventory	-	2,045	2,186	2,100	2,166	1,887
Other Current Assets	-	197.16	298.05	188.32	152.72	128.57
Total Current Assets	-	3,548	3,679	5,465	5,804	4,993
Property, Plant & Equipment	-	4,736	5,075	4,611	4,176	3,906
Long-Term Investments	-	154.88	160.69	157.23	310.9	253.53
Goodwill	-	699.19	699.19	699.19	699.19	699.19
Other Intangible Assets	-	695.26	650.63	677.05	685.17	615.08
Long-Term Deferred Tax Assets	-	856.92	703.47	679.01	732.45	1,062
Other Long-Term Assets	-	0.29	0.48	98.82	89.54	3.64
Total Assets	-	10,691	10,968	12,387	12,498	11,533
Accounts Payable	-	2,062	2,168	2,191	2,096	1,837
Accrued Expenses	-	1,888	1,863	2,238	2,305	2,191
Current Portion of Leases	-	39.24	49.64	42.38	24.01	22.31
Current Income Taxes Payable	-	7.13	6.52	28.88	131.67	340.44
Current Unearned Revenue	-	1,716	1,780	1,667	1,614	1,733
Other Current Liabilities	-	1,537	1,872	2,014	2,140	1,759
Total Current Liabilities	-	7,249	7,739	8,182	8,311	7,882
Long-Term Leases	-	76.42	122.62	121.37	77.93	16.95
Long-Term Unearned Revenue	-	200.35	221.73	247.65	256.61	254.68
Pension & Post-Retirement Benefits	-	126.77	137.97	144.86	145.92	153.74
Long-Term Deferred Tax Liabilities	-	5.2	6.51	7.81	42.69	54.97
Other Long-Term Liabilities	-	172.88	286.54	31.34	40.14	41.79
Total Liabilities	-	7,830	8,515	8,735	8,875	8,405
Common Stock	-	483.97	483.97	483.97	483.97	483.97
Additional Paid-In Capital	-	36.58	24.28	16.02	7.73	2.08
Retained Earnings	-	855.97	689.81	1,656	1,578	1,282
Comprehensive Income & Other	-	0.49	-12.84	-16.09	-13.54	-13.84
Total Common Equity	1,377	1,377	1,185	2,140	2,056	1,755
Minority Interest	-	1,483	1,268	1,512	1,567	1,374
Shareholders' Equity	2,860	2,860	2,454	3,652	3,623	3,128
Total Liabilities & Equity	-	10,691	10,968	12,387	12,498	11,533
Total Debt	115.66	115.66	172.27	163.75	101.93	39.26
Net Cash (Debt)	1,086	1,086	931.87	2,924	3,300	2,817
Net Cash Growth	-47.77%	16.52%	-68.13%	-11.40%	17.14%	243.50%
Net Cash Per Share	2.24	2.24	1.92	6.04	6.82	5.82
Filing Date Shares Outstanding	486.36	483.97	483.97	483.97	483.97	483.97
Total Common Shares Outstanding	486.36	483.97	483.97	483.97	483.97	483.97
Working Capital	-	-3,700	-4,060	-2,717	-2,507	-2,890
Book Value Per Share	2.85	2.85	2.45	4.42	4.25	3.63
Tangible Book Value	-17.44	-17.44	-164.61	763.95	671.82	440.27
Tangible Book Value Per Share	-0.04	-0.04	-0.34	1.58	1.39	0.91
Buildings	-	3,238	3,231	2,659	2,509	2,436
Machinery	-	6,379	6,244	5,342	5,148	4,915
Construction In Progress	-	181.12	159.77	783.5	395.3	162.08

Source: S&P Global Market Intelligence. Standard template. Financial Sources.