Jilin Expressway Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	2,012	1,672	1,514	934.11	1,156	873.29
Cash & Short-Term Investments	2,012	1,672	1,514	934.11	1,156	873.29
Cash Growth	11.36%	10.39%	62.11%	-19.19%	32.36%	-5.04%
Accounts Receivable	147.42	104.34	161.71	174.09	106.51	138.2
Other Receivables	23.79	7.49	5.08	3.07	1.75	6.31
Receivables	171.21	111.83	166.79	177.15	108.26	144.51
Inventory	152.68	145.69	322.59	64.8	222.01	198.77
Prepaid Expenses	-	0.93	0.3	-	3.4	1.66
Other Current Assets	12.51	25.19	19.48	20.61	21.48	31.72
Total Current Assets	2,348	1,955	2,023	1,197	1,511	1,250
Property, Plant & Equipment	4,064	4,234	4,458	4,737	5,036	5,307
Other Intangible Assets	17.56	18.04	18.31	18.68	19.03	19.38
Long-Term Deferred Tax Assets	22.9	22.9	36.03	32.28	27.08	26.96
Long-Term Deferred Charges	-	-	-	0.7	1.96	3.39
Other Long-Term Assets	44.57	51.37	47.71	49.5	50.54	45.27
Total Assets	6,503	6,281	6,584	6,035	6,646	6,652
Accounts Payable	81.13	150.87	154.84	144.46	160.08	195.75
Accrued Expenses	3.46	12.5	11.76	32.04	32.9	24.25
Short-Term Debt	-	-	405.94	799.34	-	-
Current Portion of Long-Term Debt	-	-	-	-	417.07	352
Current Portion of Leases	15.1	15.1	21.95	12.83	12.64	-
Current Income Taxes Payable	59.47	17.24	68.96	25.77	53.7	31.08
Current Unearned Revenue	145.34	156.54	388.79	66.57	203.32	124.37
Other Current Liabilities	83.59	79.59	92.6	135.09	187.43	268.66
Total Current Liabilities	388.08	431.84	1,145	1,216	1,067	996.11
Long-Term Debt	-	-	-	-	1,143	1,560
Long-Term Leases	15.02	15.02	23.93	0.18	12.11	-
Long-Term Unearned Revenue	0.28	0.31	0.34	0.38	0.42	35.45
Long-Term Deferred Tax Liabilities	7.34	7.34	9.08	3.15	-	-
Other Long-Term Liabilities	3.55	5.92	3.92	3.58	6.47	7
Total Liabilities	414.27	460.42	1,182	1,223	2,229	2,599
Common Stock	1,891	1,891	1,891	1,350	1,350	1,350
Additional Paid-In Capital	115.39	115.39	121.19	661.35	661.35	626.35
Retained Earnings	3,614	3,380	3,006	2,460	2,098	1,780
Comprehensive Income & Other	-0.14	-0.14	-	-	-	-
Total Common Equity	5,620	5,386	5,018	4,471	4,110	3,756
Minority Interest	468.86	434.66	383.65	340.14	306.82	296.85
Shareholders' Equity	6,088	5,821	5,401	4,811	4,417	4,053
Total Liabilities & Equity	6,503	6,281	6,584	6,035	6,646	6,652
Total Debt	30.12	30.12	451.82	812.35	1,585	1,912
Net Cash (Debt)	1,981	1,641	1,062	121.76	-428.92	-1,039
Net Cash Growth	46.04%	54.49%	772.60%	-	-	-
Net Cash Per Share	1.05	0.88	0.56	0.06	-0.23	-0.52
Filing Date Shares Outstanding	1,891	1,891	1,891	1,891	1,891	1,891
Total Common Shares Outstanding	1,891	1,891	1,891	1,891	1,891	1,891
Working Capital	1,960	1,523	878.62	-19.43	443.93	253.84
Book Value Per Share	2.97	2.85	2.65	2.37	2.17	1.99
Tangible Book Value	5,602	5,368	4,999	4,453	4,091	3,737
Tangible Book Value Per Share	2.96	2.84	2.64	2.36	2.16	1.98
Buildings	-	197.08	197.08	197.08	196.02	217.06
Machinery	-	427	413.52	127.87	112.54	113.66
Construction In Progress	-	0.05	0.05	0.05	0.05	0.05

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