J-Yuan Trust 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	871.64	538.37	402.12	2,448	303.57	953.68
Trading Asset Securities	9,560	9,765	11,185	9,546	4,147	4,086
Cash & Short-Term Investments	10,432	10,303	11,587	11,994	4,450	5,039
Cash Growth	25.98%	-11.08%	-3.40%	169.51%	-11.68%	-24.29%
Accounts Receivable	42.64	40.01	253.31	479.81	352.23	103.37
Other Receivables	292.41	313.35	257.62	277.22	253.22	329.26
Receivables	462.99	592.68	734.92	855.08	605.45	432.63
Other Current Assets	139.87	136.81	182.81	185.54	187.29	308.87
Total Current Assets	11,035	11,032	12,505	13,035	5,243	5,781
Property, Plant & Equipment	145.37	153.42	22.7	15.37	15.13	22.04
Long-Term Investments	7,756	6,541	3,410	1,154	1,389	1,204
Other Intangible Assets	32.69	33.51	13.28	2.19	3.92	6.69
Long-Term Deferred Tax Assets	2,443	2,675	2,746	2,886	3,779	3,551
Long-Term Deferred Charges	0.76	0.81	0.4	0.06	0.67	2.04
Other Long-Term Assets	4,156	4,156	4,459	4,473	4,473	4,473
Total Assets	26,401	25,425	23,878	22,289	16,447	16,961
Accounts Payable	34.53	45.97	106.88	200.96	171.78	288.47
Accrued Expenses	126.64	147.61	204.44	245.69	237.36	228.68
Short-Term Debt	755.57	483.63	876.52	502.77	502.77	502.77
Current Portion of Leases	-	-	-	2.66	8.45	8.31
Current Income Taxes Payable	-	58.46	-	-	-	-
Current Unearned Revenue	10.12	34.6	26.26	19.77	19.77	22.76
Other Current Liabilities	9,201	9,439	8,257	7,310	11,774	12,673
Total Current Liabilities	10,127	10,209	9,471	8,282	12,714	13,724
Long-Term Leases	119.58	125.55	5.92	-	2.63	11.08
Other Long-Term Liabilities	207.36	216.47	-	210.39	2,872	2,270
Total Liabilities	10,454	10,551	9,477	8,492	15,588	16,005
Common Stock	9,844	9,844	9,844	9,844	5,469	5,469
Additional Paid-In Capital	-	13,481	7,663	7,663	4,554	3,608
Retained Earnings	-8,257	-10,376	-9,775	-9,828	-9,870	-8,828
Comprehensive Income & Other	13,707	1,271	5,963	5,411	-	-
Total Common Equity	15,294	14,221	13,696	13,090	152.54	249.55
Minority Interest	652.13	652.44	704.83	706.14	706.44	707.04
Shareholders' Equity	15,946	14,873	14,401	13,797	858.98	956.6
Total Liabilities & Equity	26,401	25,425	23,878	22,289	16,447	16,961
Total Debt	875.14	609.18	882.44	505.43	513.85	522.16
Net Cash (Debt)	9,557	9,694	10,704	11,489	3,937	4,517
Net Cash Growth	22.20%	-9.44%	-6.83%	191.85%	-12.85%	-32.14%
Net Cash Per Share	0.97	0.99	1.09	1.37	0.72	0.83
Filing Date Shares Outstanding	9,846	9,591	9,844	9,844	5,469	5,469
Total Common Shares Outstanding	9,846	9,591	9,844	9,844	5,469	5,469
Working Capital	907.37	823.11	3,033	4,753	-7,471	-7,943
Book Value Per Share	1.55	1.48	1.39	1.33	0.03	0.05
Tangible Book Value	15,261	14,187	13,683	13,088	148.62	242.86
Tangible Book Value Per Share	1.55	1.48	1.39	1.33	0.03	0.04
Buildings	-	-	78.73	78.73	78.73	78.73
Machinery	-	-	65.71	60.81	58.29	56.99
Construction In Progress	-	-	7.72	7.65	0.84	-

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