Guangxi LiuYao Group 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	2,693	3,684	3,148	3,855	3,416	3,496
Short-Term Investments	-	493.59	322.2	-	-	-
Cash & Short-Term Investments	2,693	4,177	3,470	3,855	3,416	3,496
Cash Growth	-18.42%	20.39%	-9.98%	12.86%	-2.30%	82.53%
Accounts Receivable	11,856	11,397	11,060	9,259	7,845	7,396
Other Receivables	58.07	58.55	64.95	86.14	31.8	76.09
Receivables	11,914	11,455	11,125	9,345	7,876	7,472
Inventory	3,231	2,642	2,306	2,462	1,805	1,566
Prepaid Expenses	-	-	1.28	-	-	-
Other Current Assets	416.37	338.31	414.81	462.91	290.52	252.09
Total Current Assets	18,254	18,613	17,317	16,125	13,388	12,786
Property, Plant & Equipment	1,324	1,321	1,282	1,203	1,212	791.22
Long-Term Investments	78.46	3.58	289.95	1.11	-	-
Goodwill	765.46	765.46	765.46	765.46	765.46	765.46
Other Intangible Assets	212.59	223.13	239.9	256.5	226.82	208.09
Long-Term Deferred Tax Assets	117.87	102.5	99.74	56.42	52.09	49.83
Long-Term Deferred Charges	44.76	55.73	64.76	71.45	91.53	96
Other Long-Term Assets	385.97	184.45	100.84	128.05	139.42	110.83
Total Assets	21,184	21,269	20,159	18,607	15,875	14,808
Accounts Payable	7,031	6,920	7,174	6,526	4,803	4,439
Accrued Expenses	1.94	58.25	109.86	114.96	61.73	56.1
Short-Term Debt	2,843	2,944	3,173	2,996	2,711	2,772
Current Portion of Long-Term Debt	246.74	35.6	16	66	-	-
Current Portion of Leases	-	93.02	92.68	87.43	77.64	-
Current Income Taxes Payable	93.57	35.71	55.33	36.94	40.07	29.65
Current Unearned Revenue	64.94	71.16	34.84	102.72	50.6	23.69
Other Current Liabilities	874.97	1,699	958.14	897.25	884.82	891.39
Total Current Liabilities	11,157	11,858	11,614	10,828	8,629	8,212
Long-Term Debt	1,444	1,005	990.31	967.97	943.09	861.47
Long-Term Leases	109.46	127.92	149.29	139.21	190.85	-
Long-Term Unearned Revenue	66.49	68.25	65.74	67.99	70.43	56.53
Long-Term Deferred Tax Liabilities	32.11	37	41.03	5.16	3.05	3.81
Other Long-Term Liabilities	237.78	236.61	235.59	233.6	232.22	229.71
Total Liabilities	13,047	13,332	13,096	12,242	10,068	9,363
Common Stock	397.17	399.03	362.23	362.23	362.36	362.66
Additional Paid-In Capital	2,275	2,305	1,963	1,980	1,980	1,967
Retained Earnings	5,133	4,786	4,170	3,502	2,975	2,628
Treasury Stock	-133.77	-18.99	-30.48	-29.01	-9.57	-12.67
Comprehensive Income & Other	152.85	152.85	152.85	152.85	152.87	152.87
Total Common Equity	7,825	7,624	6,618	5,969	5,460	5,099
Minority Interest	312.19	312.51	446.12	396.38	346.18	345.98
Shareholders' Equity	8,137	7,937	7,064	6,365	5,806	5,445
Total Liabilities & Equity	21,184	21,269	20,159	18,607	15,875	14,808
Total Debt	4,644	4,205	4,421	4,257	3,923	3,633
Net Cash (Debt)	-1,950	-28.13	-951.09	-402.01	-507.24	-137.17
Net Cash Per Share	-4.92	-0.07	-2.63	-1.11	-1.40	-0.38
Filing Date Shares Outstanding	389.06	398.61	361.81	360.76	362.06	361.82
Total Common Shares Outstanding	389.06	398.61	361.81	360.76	362.06	361.82
Working Capital	7,098	6,755	5,703	5,297	4,759	4,575
Book Value Per Share	20.11	19.13	18.29	16.55	15.08	14.09
Tangible Book Value	6,847	6,636	5,612	4,947	4,468	4,125
Tangible Book Value Per Share	17.60	16.65	15.51	13.71	12.34	11.40
Buildings	-	781.92	775.89	746.96	608.46	484.29
Machinery	-	684.86	608.02	543.31	469.77	387.63
Construction In Progress	-	83.07	36.32	14.04	114.93	117.01

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