Hangzhou Jiebai Group Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	5,044	5,265	5,164	5,093	4,546	4,180
Trading Asset Securities	50.18	52.49	95.82	47.71	74.47	376.57
Cash & Short-Term Investments	5,095	5,318	5,260	5,141	4,620	4,556
Cash Growth	-0.52%	1.11%	2.31%	11.27%	1.40%	8.97%
Accounts Receivable	26.96	21.69	32.62	63.57	88.89	65.28
Other Receivables	7.91	-	-	8.45	7.5	4.01
Receivables	34.87	21.69	32.62	72.02	96.38	69.29
Inventory	49.6	46.73	72.4	74.57	68.18	60.59
Other Current Assets	38.27	8.69	8.96	11.14	13.8	18.28
Total Current Assets	5,217	5,395	5,374	5,299	4,799	4,705
Property, Plant & Equipment	1,746	1,849	2,129	2,320	2,604	2,879
Long-Term Investments	979.56	971.51	927.5	913.14	900.05	892.14
Goodwill	-	-	-	0.47	0.47	0.47
Other Intangible Assets	15.4	16.6	18.21	14.51	15.77	17.4
Long-Term Accounts Receivable	-	40.89	53.28	50.45	39.28	19.83
Long-Term Deferred Tax Assets	71.52	67.28	56.24	48.19	41.07	18.27
Long-Term Deferred Charges	94.66	103.82	67.92	84.76	103.85	125.15
Other Long-Term Assets	104.58	73.89	75.57	77.25	79.36	80.79
Total Assets	8,230	8,518	8,701	8,807	8,583	8,738

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	562.7	747.29	801.32	952.63	777.78	740.15
Accrued Expenses	14.3	94.43	106.21	134.17	116.54	210.88
Short-Term Debt	76	76	74	-	-	-
Current Portion of Leases	-	208.46	198.05	184.76	201.6	-
Current Income Taxes Payable	33.2	12.92	19.57	29.98	50.79	105.61
Current Unearned Revenue	53.3	66.43	67.18	72.43	67.09	79.38
Other Current Liabilities	1,306	1,332	1,344	1,306	1,317	1,307
Total Current Liabilities	2,261	2,537	2,610	2,680	2,530	2,443
Long-Term Leases	1,033	1,077	1,284	1,482	1,659	2,000
Long-Term Unearned Revenue	2.56	2.7	-	0.11	0.24	0.37
Long-Term Deferred Tax Liabilities	98.78	90.47	63.82	58.3	50.93	42.51
Other Long-Term Liabilities	4.34	4.34	4.28	4.22	4.1	4.05
Total Liabilities	3,400	3,712	3,963	4,225	4,245	4,490

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	735.08	735.08	735.11	735.3	735.93	736.48
Additional Paid-In Capital	97.38	97.38	95.04	89.67	77.07	62.6
Retained Earnings	2,893	2,803	2,710	2,567	2,403	2,306
Treasury Stock	-	-	-	-17.46	-35.28	-67.78
Comprehensive Income & Other	101.63	101.63	101.63	101.63	101.63	101.63
Total Common Equity	3,827	3,737	3,641	3,476	3,283	3,139
Minority Interest	1,002	1,069	1,097	1,106	1,055	1,109
Shareholders' Equity	4,830	4,807	4,739	4,582	4,338	4,248
Total Liabilities & Equity	8,230	8,518	8,701	8,807	8,583	8,738

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	1,325	1,361	1,556	1,667	1,861	2,000
Net Cash (Debt)	3,770	3,956	3,703	3,474	2,759	2,557
Net Cash Growth	23.30%	6.83%	6.60%	25.90%	7.93%	-38.86%
Net Cash Per Share	5.18	5.46	5.09	4.81	3.83	3.57
Filing Date Shares Outstanding	690.73	735.08	735.11	735.3	735.93	736.48
Total Common Shares Outstanding	690.73	735.08	735.11	735.3	735.93	736.48
Working Capital	2,957	2,858	2,763	2,619	2,268	2,262
Book Value Per Share	5.54	5.08	4.95	4.73	4.46	4.26
Tangible Book Value	3,812	3,721	3,623	3,461	3,266	3,121
Tangible Book Value Per Share	5.52	5.06	4.93	4.71	4.44	4.24
Buildings	-	1,273	1,273	1,226	1,228	1,244
Machinery	-	197.8	207.71	207.72	216.17	218.48
Construction In Progress	-	19.39	43.24	18.55	4.52	1.88