Jilin Expressway Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	2,280	1,670	1,514	934.11	1,156
Cash & Short-Term Investments	2,280	1,670	1,514	934.11	1,156
Cash Growth	36.48%	10.31%	62.11%	-19.19%	32.36%
Accounts Receivable	173.59	104.34	161.71	174.09	106.51
Other Receivables	18.68	12.9	5.08	3.07	1.75
Receivables	192.27	117.24	166.79	177.15	108.26
Inventory	178.01	145.69	322.59	64.8	222.01
Prepaid Expenses	0.69	0.93	0.3	-	3.4
Other Current Assets	1.86	21	19.48	20.61	21.48
Total Current Assets	2,652	1,955	2,023	1,197	1,511
Property, Plant & Equipment	4,004	4,234	4,458	4,737	5,036
Long-Term Investments	5.12	5.45	-	-	-
Other Intangible Assets	17.4	18.04	18.31	18.68	19.03
Long-Term Deferred Tax Assets	17.69	22.9	36.03	32.28	27.08
Long-Term Deferred Charges	0.16	-	-	0.7	1.96
Other Long-Term Assets	44.13	45.92	47.71	49.5	50.54
Total Assets	6,741	6,281	6,584	6,035	6,646
Accounts Payable	197.31	150.87	154.84	144.46	160.08
Accrued Expenses	14.64	12.5	11.76	32.04	32.9
Short-Term Debt	-	-	405.94	799.34	-
Current Portion of Long-Term Debt	-	-	-	-	417.07
Current Portion of Leases	15.65	15.1	21.95	12.83	12.64
Current Income Taxes Payable	44.27	17.24	68.96	25.77	53.7
Current Unearned Revenue	182.22	156.54	388.79	66.57	203.32
Other Current Liabilities	81.46	79.59	92.6	135.09	187.43
Total Current Liabilities	535.55	431.84	1,145	1,216	1,067
Long-Term Debt	-	-	-	-	1,143
Long-Term Leases	0.18	15.02	23.93	0.18	12.11
Long-Term Unearned Revenue	0.26	0.31	0.34	0.38	0.42
Long-Term Deferred Tax Liabilities	3.8	7.34	9.08	3.15	-
Other Long-Term Liabilities	8.27	5.92	3.92	3.58	6.47
Total Liabilities	548.07	460.42	1,182	1,223	2,229
Common Stock	1,891	1,891	1,891	1,350	1,350
Additional Paid-In Capital	115.39	115.39	121.19	661.35	661.35
Retained Earnings	3,709	3,380	3,006	2,460	2,098
Comprehensive Income & Other	-0.29	-0.14	-	-	-
Total Common Equity	5,714	5,386	5,018	4,471	4,110
Minority Interest	478.47	434.66	383.65	340.14	306.82
Shareholders' Equity	6,193	5,821	5,401	4,811	4,417
Total Liabilities & Equity	6,741	6,281	6,584	6,035	6,646
Total Debt	15.83	30.12	451.82	812.35	1,585
Net Cash (Debt)	2,264	1,640	1,062	121.76	-428.92
Net Cash Growth	38.02%	54.38%	772.60%	-	-
Net Cash Per Share	1.20	0.88	0.56	0.06	-0.23
Filing Date Shares Outstanding	1,891	1,891	1,891	1,891	1,891
Total Common Shares Outstanding	1,891	1,891	1,891	1,891	1,891
Working Capital	2,117	1,523	878.62	-19.43	443.93
Book Value Per Share	3.02	2.85	2.65	2.37	2.17
Tangible Book Value	5,697	5,368	4,999	4,453	4,091
Tangible Book Value Per Share	3.01	2.84	2.64	2.36	2.16
Buildings	197.08	197.08	197.08	197.08	196.02
Machinery	442.7	427	413.52	127.87	112.54
Construction In Progress	0.28	0.05	0.05	0.05	0.05

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