A-Zenith Home Furnishings 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	143.79	15.92	19.95	47.46	88.97
Trading Asset Securities	4.9	-	-	-	1.96
Cash & Short-Term Investments	148.69	15.92	19.95	47.46	90.92
Cash Growth	834.15%	-20.22%	-57.96%	-47.80%	-49.92%
Accounts Receivable	230.75	68.28	24.19	35.41	30.62
Other Receivables	34.63	4.75	9.28	21.66	34.86
Receivables	265.39	73.03	33.47	57.07	65.48
Inventory	331.27	106.72	147.22	183.01	198.96
Prepaid Expenses	-	0.69	0.47	0.68	1.65
Other Current Assets	61.43	31.95	13.46	17.17	19.04
Total Current Assets	806.78	228.3	214.57	305.39	376.05
Property, Plant & Equipment	376.88	174.58	207.42	314.52	329.47
Long-Term Investments	47.33	55.38	57.33	33.54	22.27
Other Intangible Assets	52.94	31.18	54.4	53.57	59.18
Long-Term Accounts Receivable	-	2.06	1.59	0.44	1.18
Long-Term Deferred Tax Assets	12.16	23.45	21.13	34.87	21.39
Long-Term Deferred Charges	5.79	16.97	32.15	41.13	35.68
Other Long-Term Assets	-	55.35	61.41	8.1	8.39
Total Assets	1,302	587.28	650	791.56	853.61
Accounts Payable	282.25	44.09	35.08	40.02	43.89
Accrued Expenses	16.61	20.48	15.48	22.49	23.32
Short-Term Debt	240.26	114.07	80.07	45.02	15.02
Current Portion of Long-Term Debt	34.54	-	-	-	-
Current Portion of Leases	-	8.31	11.46	16.1	11.67
Current Income Taxes Payable	17.08	0.93	-	0	0
Current Unearned Revenue	37.52	27.32	29.14	32.69	40.21
Other Current Liabilities	222.32	59.49	36.4	38.58	18.76
Total Current Liabilities	850.57	274.7	207.63	194.89	152.87
Long-Term Debt	151.86	-	-	-	-
Long-Term Leases	37.7	62.42	72.84	92.43	90.13
Long-Term Unearned Revenue	3.4	4.45	5.42	6.44	7.59
Long-Term Deferred Tax Liabilities	3.1	0.32	0.68	1.07	1.5
Other Long-Term Liabilities	0.39	0.27	0.89	2.09	3.61
Total Liabilities	1,047	342.16	287.47	296.93	255.7
Common Stock	262.75	262.75	262.75	262.75	262.75
Additional Paid-In Capital	358.01	334.7	334.7	334.7	334.45
Retained Earnings	-396.08	-331.23	-214.27	-85.08	4.47
Treasury Stock	-8.87	-6.5	-6.5	-6.5	-2.28
Total Common Equity	215.81	259.72	376.68	505.87	599.39
Minority Interest	39.04	-14.6	-14.15	-11.25	-1.49
Shareholders' Equity	254.85	245.12	362.53	494.63	597.9
Total Liabilities & Equity	1,302	587.28	650	791.56	853.61
Total Debt	464.36	184.8	164.38	153.55	116.82
Net Cash (Debt)	-315.66	-168.88	-144.43	-106.09	-25.89
Net Cash Per Share	-1.22	-0.65	-0.55	-0.40	-0.10
Filing Date Shares Outstanding	246.49	261.47	261.47	261.47	296.1
Total Common Shares Outstanding	246.49	261.47	261.47	261.47	296.1
Working Capital	-43.79	-46.39	6.94	110.5	223.18
Book Value Per Share	0.88	0.99	1.44	1.93	2.02
Tangible Book Value	162.87	228.54	322.28	452.3	540.22
Tangible Book Value Per Share	0.66	0.87	1.23	1.73	1.82
Buildings	-	174.54	176.27	176.27	176.27
Machinery	-	133.26	157.52	162.66	159.89
Construction In Progress	-	0.26	-	69.66	74.4

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