Hangzhou Jiebai Group 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	4,978	5,265	5,164	5,093	4,546	4,180
Trading Asset Securities	316.57	52.49	95.82	47.71	74.47	376.57
Cash & Short-Term Investments	5,295	5,318	5,260	5,141	4,620	4,556
Cash Growth	2.86%	1.11%	2.31%	11.27%	1.40%	8.97%
Accounts Receivable	25.97	21.69	32.62	63.57	88.89	65.28
Other Receivables	6.81	-	-	8.45	7.5	4.01
Receivables	32.78	21.69	32.62	72.02	96.38	69.29
Inventory	52.28	46.73	72.4	74.57	68.18	60.59
Other Current Assets	43.12	8.69	8.96	11.14	13.8	18.28
Total Current Assets	5,423	5,395	5,374	5,299	4,799	4,705
Property, Plant & Equipment	1,799	1,849	2,129	2,320	2,604	2,879
Long-Term Investments	972.57	971.51	927.5	913.14	900.05	892.14
Goodwill	-	-	-	0.47	0.47	0.47
Other Intangible Assets	16	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	70.05	67.28	56.24	48.19	41.07	18.27
Long-Term Deferred Charges	100.78	103.82	67.92	84.76	103.85	125.15
Other Long-Term Assets	109.96	73.89	75.57	77.25	79.36	80.79
Total Assets	8,491	8,518	8,701	8,807	8,583	8,738
Accounts Payable	707.39	747.29	801.32	952.63	777.78	740.15
Accrued Expenses	14.33	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	56.15	12.92	19.57	29.98	50.79	105.61
Current Unearned Revenue	56.37	66.43	67.18	72.43	67.09	79.38
Other Current Liabilities	1,251	1,332	1,344	1,306	1,317	1,307
Total Current Liabilities	2,375	2,537	2,610	2,680	2,530	2,443
Long-Term Leases	1,058	1,077	1,284	1,482	1,659	2,000
Long-Term Unearned Revenue	2.63	2.7	-	0.11	0.24	0.37
Long-Term Deferred Tax Liabilities	98.04	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	3,538	3,712	3,963	4,225	4,245	4,490
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	1,127	1,069	1,097	1,106	1,055	1,109
Shareholders' Equity	4,954	4,807	4,739	4,582	4,338	4,248
Total Liabilities & Equity	8,491	8,518	8,701	8,807	8,583	8,738
Total Debt	1,347	1,361	1,556	1,667	1,861	2,000
Net Cash (Debt)	3,948	3,956	3,703	3,474	2,759	2,557
Net Cash Growth	7.15%	6.83%	6.60%	25.90%	7.93%	-38.86%
Net Cash Per Share	5.40	5.46	5.09	4.81	3.83	3.57
Filing Date Shares Outstanding	753.4	735.08	735.11	735.3	735.93	736.48
Total Common Shares Outstanding	753.4	735.08	735.11	735.3	735.93	736.48
Working Capital	3,048	2,858	2,763	2,619	2,268	2,262
Book Value Per Share	5.08	5.08	4.95	4.73	4.46	4.26
Tangible Book Value	3,811	3,721	3,623	3,461	3,266	3,121
Tangible Book Value Per Share	5.06	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

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