Nanning Department Store 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	122.04	103.11	156.74	203.47	251.18
Cash & Short-Term Investments	122.04	103.11	156.74	203.47	251.18
Cash Growth	18.36%	-34.22%	-22.97%	-19.00%	-16.99%
Accounts Receivable	13.95	29.27	20.79	9.72	6.81
Other Receivables	11.82	19.74	19.13	8.3	35.3
Receivables	25.77	49	39.92	18.02	42.12
Inventory	113.86	65.77	101.05	113.77	99.79
Prepaid Expenses	-	-	-	-	5.01
Other Current Assets	89.84	82.68	58.81	56.9	53.01
Total Current Assets	351.51	300.55	356.51	392.15	451.12
Property, Plant & Equipment	853.89	812.18	857.82	895.49	1,154
Long-Term Investments	29.56	41.13	30.78	31.02	31
Other Intangible Assets	12.17	17.92	19.38	21.75	22.43
Long-Term Accounts Receivable	-	117.44	165.1	174.35	-
Long-Term Deferred Tax Assets	34.7	30.67	24.8	28.38	26.41
Long-Term Deferred Charges	20.59	27.83	13.93	18.69	30.7
Other Long-Term Assets	38.05	39.33	40.61	41.89	-
Total Assets	1,340	1,387	1,509	1,604	1,716
Accounts Payable	156.08	178.43	270.24	285.39	332.29
Accrued Expenses	10.7	37	34.12	33.07	41.1
Short-Term Debt	163.69	135.16	92.46	248.77	240.28
Current Portion of Long-Term Debt	8.94	5	10	-	-
Current Portion of Leases	-	4.47	8.37	8	9.1
Current Income Taxes Payable	10.47	-	-	0.01	0.59
Current Unearned Revenue	72.79	64.88	61.93	63.47	74.13
Other Current Liabilities	104.94	102	87.23	84.12	64.66
Total Current Liabilities	527.61	526.94	564.34	722.81	762.16
Long-Term Debt	40.04	45.04	83.03	-	-
Long-Term Leases	9.73	17.49	31.7	34.7	41.53
Long-Term Unearned Revenue	7.03	-	-	-	-
Long-Term Deferred Tax Liabilities	0.27	0.88	1.02	-	-
Other Long-Term Liabilities	0.42	-	0.5	25.13	26.85
Total Liabilities	585.1	590.35	680.6	782.64	830.55
Common Stock	544.66	544.66	544.66	544.66	544.66
Additional Paid-In Capital	369.86	369.86	369.86	369.86	369.86
Retained Earnings	-159.15	-117.8	-86.17	-93.42	-28.93
Shareholders' Equity	755.36	796.71	828.34	821.09	885.58
Total Liabilities & Equity	1,340	1,387	1,509	1,604	1,716
Total Debt	222.39	207.16	225.56	291.47	290.91
Net Cash (Debt)	-100.35	-104.06	-68.83	-88	-39.73
Net Cash Per Share	-0.18	-0.19	-0.13	-0.16	-0.07
Filing Date Shares Outstanding	435.29	544.66	544.66	544.66	544.66
Total Common Shares Outstanding	435.29	544.66	544.66	544.66	544.66
Working Capital	-176.1	-226.39	-207.83	-330.66	-311.05
Book Value Per Share	1.74	1.46	1.52	1.51	1.63
Tangible Book Value	743.19	778.78	808.96	799.34	863.15
Tangible Book Value Per Share	1.71	1.43	1.49	1.47	1.58
Buildings	-	1,249	1,249	1,249	1,302
Machinery	-	139.68	142.5	145.8	166.41
Construction In Progress	-	0.38	0.28	0.07	0.07

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