China Jushi 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	2,873	3,473	3,123	3,126	2,636	2,252
Short-Term Investments	-	43.4	-	-	-	-
Trading Asset Securities	-	-	-	3.82	4.12	1,066
Cash & Short-Term Investments	2,873	3,516	3,123	3,130	2,640	3,318
Cash Growth	10.00%	12.57%	-0.22%	18.56%	-20.44%	74.59%
Accounts Receivable	6,607	5,478	4,454	3,871	3,433	6,769
Other Receivables	597.55	540.54	893.12	1,412	1,425	1,447
Receivables	7,205	6,018	5,347	5,283	4,858	8,216
Inventory	3,432	3,555	4,203	4,533	4,129	2,199
Other Current Assets	1,034	725.68	682.1	441.55	290.19	329.65
Total Current Assets	14,543	13,814	13,356	13,388	11,917	14,064
Property, Plant & Equipment	36,071	36,323	35,791	34,969	33,421	26,840
Long-Term Investments	1,738	1,724	1,540	1,657	1,424	1,359
Goodwill	469.97	469.97	469.97	469.97	469.97	469.97
Other Intangible Assets	1,144	1,157	1,070	1,065	944.73	807.6
Long-Term Deferred Tax Assets	424.64	394.12	423.75	418.82	400.6	284.67
Long-Term Deferred Charges	26.49	2.09	2.48	2.87	3.23	3.09
Other Long-Term Assets	878.98	742.55	724.7	104.48	53.24	-
Total Assets	55,297	54,627	53,378	52,074	48,634	43,828
Accounts Payable	2,862	1,835	1,163	1,574	1,958	1,296
Accrued Expenses	235.62	466.83	554.75	899.48	1,081	1,250
Short-Term Debt	6,974	6,842	7,543	6,751	4,862	4,435
Current Portion of Long-Term Debt	1,139	1,055	2,262	1,693	1,830	2,404
Current Portion of Leases	-	6.59	13.1	9.56	0.16	47.68
Current Income Taxes Payable	567.64	219.06	275.47	227.02	260.33	932.61
Current Unearned Revenue	274.39	335.59	402.54	507.42	501.72	372.6
Other Current Liabilities	301.55	2,414	2,635	2,792	2,275	3,146
Total Current Liabilities	12,355	13,174	14,847	14,453	12,767	13,884
Long-Term Debt	7,029	6,702	5,079	6,041	5,809	5,522
Long-Term Leases	18.67	18.75	25.6	13.75	3.18	4.65
Long-Term Unearned Revenue	1,332	1,368	1,284	948.69	678.31	399.1
Long-Term Deferred Tax Liabilities	719.9	729.55	671.76	606.94	578.81	497.25
Other Long-Term Liabilities	74.43	84.43	23	13	-	-
Total Liabilities	21,529	22,077	21,930	22,076	19,836	20,307
Common Stock	4,003	4,003	4,003	4,003	4,003	4,003
Additional Paid-In Capital	3,235	3,234	3,196	3,195	3,195	3,195
Retained Earnings	25,469	24,202	22,558	21,214	20,255	15,566
Treasury Stock	-539.7	-539.7	-	-	-	-
Comprehensive Income & Other	120.3	195.22	284.61	230.28	144.75	-196.84
Total Common Equity	32,287	31,095	30,041	28,642	27,598	22,568
Minority Interest	1,481	1,456	1,407	1,356	1,200	953.74
Shareholders' Equity	33,768	32,550	31,448	29,998	28,797	23,521
Total Liabilities & Equity	55,297	54,627	53,378	52,074	48,634	43,828
Total Debt	15,161	14,625	14,921	14,508	12,503	12,413
Net Cash (Debt)	-12,288	-11,109	-11,798	-11,378	-9,863	-9,095
Net Cash Per Share	-3.08	-2.78	-2.95	-2.84	-2.46	-2.27
Filing Date Shares Outstanding	3,969	3,969	4,003	4,003	4,003	4,003
Total Common Shares Outstanding	3,969	3,969	4,003	4,003	4,003	4,003
Working Capital	2,189	640.44	-1,492	-1,065	-850.64	179.73
Book Value Per Share	8.14	7.84	7.50	7.15	6.89	5.64
Tangible Book Value	30,673	29,467	28,501	27,107	26,183	21,290
Tangible Book Value Per Share	7.73	7.43	7.12	6.77	6.54	5.32
Buildings	-	10,406	10,178	8,886	7,565	6,414
Machinery	-	24,194	22,677	19,841	27,558	24,040
Construction In Progress	-	1,533	1,475	3,086	4,514	2,248

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