BTG Hotels (Group) Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,440	1,303	1,187	1,007	3,181
Short-Term Investments	-	218.47	-	-	-
Trading Asset Securities	1,056	828.77	1,126	1,445	92.42
Cash & Short-Term Investments	2,496	2,350	2,313	2,452	3,273
Cash Growth	6.20%	1.61%	-5.66%	-25.09%	87.80%
Accounts Receivable	206.01	304.03	404.31	568.24	283.48
Other Receivables	218.28	215.33	74.32	141.18	119.71
Receivables	424.29	519.37	478.63	709.43	403.18
Inventory	31.18	40.59	43.64	36.22	45.12
Prepaid Expenses	-	0.62	0.03	-	-
Other Current Assets	543.81	188	195.45	190.68	230.97
Total Current Assets	3,495	3,099	3,031	3,388	3,952
Property, Plant & Equipment	8,532	9,189	9,897	10,161	11,112
Long-Term Investments	641.76	963.76	952.46	399.24	392
Goodwill	4,692	4,692	4,692	4,701	4,683
Other Intangible Assets	3,348	3,386	3,429	3,493	3,524
Long-Term Accounts Receivable	-	125.16	141.16	164.93	161
Long-Term Deferred Tax Assets	812.38	880.15	1,002	1,056	946.56
Long-Term Deferred Charges	1,450	1,768	1,923	1,981	2,060
Other Long-Term Assets	1,418	222.86	173.37	161.84	175.61
Total Assets	24,389	24,885	25,240	25,508	27,006
Accounts Payable	122.98	103.67	107.45	108.03	92.23
Accrued Expenses	288.69	589.69	629.33	610.03	573.39
Short-Term Debt	229.29	342.02	435.1	1,350	1,009
Current Portion of Long-Term Debt	1,343	1	1.01	1.02	6.93
Current Portion of Leases	-	1,450	1,503	1,518	1,409
Current Income Taxes Payable	98.52	55.54	110.12	22.01	35
Current Unearned Revenue	437.56	483.25	467.58	346.05	418.12
Other Current Liabilities	1,437	1,253	1,241	1,358	1,636
Total Current Liabilities	3,957	4,279	4,495	5,313	5,180
Long-Term Debt	-	7.7	8.7	9.7	397.7
Long-Term Leases	6,742	7,270	7,945	8,087	8,717
Long-Term Unearned Revenue	9.92	70.65	91.22	77.45	81.07
Long-Term Deferred Tax Liabilities	869.84	875.63	887.14	899.91	908.63
Other Long-Term Liabilities	659.6	561.5	540.59	451.92	400.73
Total Liabilities	12,239	13,065	13,967	14,838	15,684
Common Stock	1,117	1,117	1,117	1,119	1,121
Additional Paid-In Capital	7,442	7,445	7,445	7,677	7,692
Retained Earnings	3,528	3,119	2,559	1,771	2,340
Treasury Stock	-	-	-	-18.96	-41.71
Comprehensive Income & Other	-13.38	16.97	15.71	-0.32	-10.11
Total Common Equity	12,073	11,698	11,136	10,548	11,101
Minority Interest	76.83	122.28	137.1	122.01	220.51
Shareholders' Equity	12,150	11,821	11,273	10,670	11,322
Total Liabilities & Equity	24,389	24,885	25,240	25,508	27,006
Total Debt	8,315	9,071	9,893	10,965	11,539
Net Cash (Debt)	-5,819	-6,721	-7,580	-8,513	-8,266
Net Cash Per Share	-5.21	-6.02	-6.79	-7.62	-8.31
Filing Date Shares Outstanding	1,117	1,117	1,117	1,119	1,121
Total Common Shares Outstanding	1,117	1,117	1,117	1,119	1,121
Working Capital	-461.82	-1,180	-1,464	-1,924	-1,227
Book Value Per Share	10.81	10.48	9.97	9.43	9.90
Tangible Book Value	4,033	3,621	3,015	2,353	2,894
Tangible Book Value Per Share	3.61	3.24	2.70	2.10	2.58
Buildings	-	2,618	2,618	2,621	2,606
Machinery	-	1,642	1,595	1,530	1,536
Construction In Progress	-	106.67	65.86	140.35	245.68

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