Bluestar Adisseo Company 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	4,273	1,266	1,005	796.36	2,115
Cash & Short-Term Investments	4,273	1,266	1,005	796.36	2,115
Cash Growth	237.57%	25.92%	26.23%	-62.34%	-23.63%
Accounts Receivable	1,962	1,970	1,696	1,966	1,881
Other Receivables	81.99	90.75	219.69	169.72	56.63
Receivables	2,044	2,061	1,916	2,136	1,938
Inventory	2,385	2,428	1,922	2,371	2,033
Other Current Assets	629.79	641.34	555.66	798.21	384.46
Total Current Assets	9,331	6,396	5,399	6,102	6,470
Property, Plant & Equipment	12,955	10,277	10,139	10,015	9,513
Long-Term Investments	137.05	397.03	594.01	614.47	570.2
Goodwill	2,237	2,046	2,137	1,924	1,871
Other Intangible Assets	1,972	2,039	2,182	2,065	2,153
Long-Term Deferred Tax Assets	265.36	223.21	293.67	134.15	110.79
Long-Term Deferred Charges	234.93	180.12	138.15	105.04	64.87
Other Long-Term Assets	663.97	698.75	630.93	384.71	153.81
Total Assets	27,796	22,257	21,513	21,343	20,906
Accounts Payable	2,023	1,767	1,410	1,537	1,659
Accrued Expenses	1,149	1,098	637.41	727.76	534.64
Short-Term Debt	-	54.45	913.31	850.3	577.56
Current Portion of Long-Term Debt	76.93	6.54	2.97	3.48	4
Current Portion of Leases	63.93	72.33	79.12	62.3	50.23
Current Income Taxes Payable	71.61	83.46	34.16	44.12	148.59
Current Unearned Revenue	18.69	111.65	3.02	8.93	6.01
Other Current Liabilities	1,121	682.79	495.6	574.59	1,032
Total Current Liabilities	4,523	3,877	3,575	3,808	4,012
Long-Term Debt	1,608	925.56	709.03	843.6	15.67
Long-Term Leases	289.09	314.24	353.83	281.55	140.06
Long-Term Unearned Revenue	123.53	138	146.91	147.45	158.66
Pension & Post-Retirement Benefits	228.46	204.87	187.2	173.22	214.67
Long-Term Deferred Tax Liabilities	681.93	633.91	779.83	752.17	673.73
Other Long-Term Liabilities	445.12	594.46	696.36	384.15	264.92
Total Liabilities	7,900	6,688	6,448	6,391	5,480
Common Stock	3,080	2,682	2,682	2,682	2,682
Additional Paid-In Capital	3,591	1,005	1,005	1,005	1,261
Retained Earnings	13,509	12,837	11,794	12,147	11,377
Comprehensive Income & Other	-315.59	-981.59	-443.64	-899.78	-1,226
Total Common Equity	19,864	15,542	15,037	14,934	14,094
Minority Interest	31.81	27.39	27.94	19.25	1,331
Shareholders' Equity	19,896	15,570	15,065	14,953	15,426
Total Liabilities & Equity	27,796	22,257	21,513	21,343	20,906
Total Debt	2,038	1,373	2,058	2,041	787.51
Net Cash (Debt)	2,235	-107.33	-1,053	-1,245	1,327
Net Cash Growth	-	-	-	-	-35.74%
Net Cash Per Share	0.83	-0.04	-0.39	-0.46	0.49
Filing Date Shares Outstanding	3,080	2,682	2,682	2,682	2,682
Total Common Shares Outstanding	3,080	2,682	2,682	2,682	2,682
Working Capital	4,808	2,519	1,823	2,293	2,457
Book Value Per Share	6.45	5.80	5.61	5.57	5.26
Tangible Book Value	15,655	11,457	10,718	10,945	10,070
Tangible Book Value Per Share	5.08	4.27	4.00	4.08	3.75
Land	115.14	102.45	106.66	96.73	115.32
Buildings	5,519	5,250	5,262	5,001	3,285
Machinery	14,985	13,379	13,315	12,377	10,553
Construction In Progress	3,965	1,564	672.35	517.22	2,578

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.