Wangfujing 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	7,251	6,942	8,770	11,119	9,997	14,341
Short-Term Investments	-	-	-	115.85	-	28.81
Trading Asset Securities	2,107	2,313	1,210	-	-	-
Cash & Short-Term Investments	9,358	9,255	9,980	11,235	9,997	14,369
Cash Growth	-1.52%	-7.26%	-11.17%	12.39%	-30.43%	25.77%
Accounts Receivable	260.81	305.52	322.78	451.61	386.33	270.55
Other Receivables	211.69	185.4	220.14	67.97	315.63	495.83
Receivables	472.5	907.52	542.92	519.58	731.9	766.38
Inventory	1,414	1,505	1,832	1,825	1,657	1,762
Prepaid Expenses	-	37.82	7.76	11.59	-	-
Other Current Assets	853.38	474.63	508.16	543.41	247.45	194.62
Total Current Assets	12,098	12,181	12,871	14,134	12,633	17,092
Property, Plant & Equipment	15,444	14,877	16,491	15,974	14,962	13,690
Long-Term Investments	2,589	2,783	2,308	2,231	2,137	1,866
Goodwill	1,142	1,142	1,220	1,225	1,225	857.77
Other Intangible Assets	991.86	999.4	1,047	1,090	1,143	1,194
Long-Term Accounts Receivable	-	20.61	21.99	39.25	472.82	43.94
Long-Term Deferred Tax Assets	2,452	2,281	2,569	2,379	2,048	363.08
Long-Term Deferred Charges	1,314	1,390	1,339	1,279	868.95	893.73
Other Long-Term Assets	3,419	2,527	2,439	2,349	2,397	3,197
Total Assets	39,451	38,844	41,670	41,122	37,887	39,197
Accounts Payable	1,974	2,055	2,509	2,758	2,048	2,845
Accrued Expenses	117.48	255.76	279.68	324.69	299.37	262.99
Short-Term Debt	16	16	220	203	284.95	197
Current Portion of Long-Term Debt	-	85	93	126	92.49	2,073
Current Portion of Leases	-	915.73	931.97	990.51	945.46	955.31
Current Income Taxes Payable	162.9	74.84	84.64	142.24	66.12	159.51
Current Unearned Revenue	777.92	804.29	795.53	826.74	796.31	761.91
Other Current Liabilities	3,914	2,951	3,389	3,517	3,245	3,425
Total Current Liabilities	6,963	7,158	8,303	8,889	7,778	10,680
Long-Term Debt	459	700.8	767.8	826.75	738	739
Long-Term Leases	8,990	8,409	9,432	8,354	7,114	7,309
Long-Term Unearned Revenue	15.73	16.74	13.67	18.87	27.61	12.42
Long-Term Deferred Tax Liabilities	2,506	2,342	2,612	2,415	2,139	226.26
Other Long-Term Liabilities	383.25	260.43	276.06	179.17	147.52	127.56
Total Liabilities	19,439	18,887	21,404	20,683	17,944	19,094
Common Stock	1,124	1,124	1,135	1,135	1,135	1,133
Additional Paid-In Capital	9,968	9,968	10,119	10,149	10,160	10,108
Retained Earnings	8,407	8,356	8,485	8,443	7,847	8,106
Treasury Stock	-	-	-82.54	-	-	-
Comprehensive Income & Other	-63.77	-63.77	-	0.22	0.01	0.02
Total Common Equity	19,435	19,384	19,657	19,727	19,142	19,347
Minority Interest	576.63	573.39	608.71	711.65	800.87	755.84
Shareholders' Equity	20,012	19,957	20,266	20,439	19,943	20,103
Total Liabilities & Equity	39,451	38,844	41,670	41,122	37,887	39,197
Total Debt	9,465	10,127	11,444	10,500	9,174	11,273
Net Cash (Debt)	-107.05	-871.16	-1,465	734.46	822.1	3,096
Net Cash Growth	-	-	-	-10.66%	-73.45%	-63.36%
Net Cash Per Share	-0.09	-0.76	-1.29	0.65	0.72	3.14
Filing Date Shares Outstanding	1,123	1,124	1,126	1,135	1,135	1,133
Total Common Shares Outstanding	1,123	1,124	1,126	1,135	1,135	1,133
Working Capital	5,136	5,023	4,568	5,246	4,855	6,412
Book Value Per Share	17.31	17.25	17.46	17.38	16.86	17.08
Tangible Book Value	17,301	17,242	17,390	17,412	16,773	17,295
Tangible Book Value Per Share	15.41	15.34	15.45	15.34	14.78	15.27
Buildings	-	10,437	10,755	11,254	11,316	9,304
Machinery	-	792.55	815.7	872.65	872.04	872.75
Construction In Progress	-	103.72	171.65	301.32	220.44	77.92

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