Jinhong Fashion 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	363.01	286.11	791.79	534.18	589.68	568.26
Trading Asset Securities	45.06	70.06	-	-	-	-
Cash & Short-Term Investments	408.07	356.17	791.79	534.18	589.68	568.26
Cash Growth	-25.05%	-55.02%	48.23%	-9.41%	3.77%	-29.70%
Accounts Receivable	338.32	346.56	433.4	418.49	336.76	514.28
Other Receivables	53.99	44.6	55.53	56.5	59.78	57.82
Receivables	392.31	391.15	488.93	474.99	396.55	572.11
Inventory	1,112	1,213	1,028	923.57	1,143	1,022
Other Current Assets	156.3	113.48	75.31	88.63	101.75	75.22
Total Current Assets	2,069	2,074	2,384	2,021	2,231	2,237
Property, Plant & Equipment	299.12	298.21	218.07	265.12	335.61	351.5
Goodwill	1,825	1,825	1,825	1,825	1,825	1,825
Other Intangible Assets	1,273	1,249	1,272	1,276	1,285	1,279
Long-Term Deferred Tax Assets	148.76	147.24	137.02	195.39	295.51	255.73
Long-Term Deferred Charges	94.98	103.93	78.15	73.01	135.92	154.12
Other Long-Term Assets	5.5	5.5	4.61	5.37	3.68	12.53
Total Assets	5,716	5,703	5,920	5,662	6,112	6,115
Accounts Payable	410	628.47	606.34	440.31	610.46	560.28
Accrued Expenses	101.8	120.97	249.15	270.2	200.78	258.34
Short-Term Debt	526.5	455.01	360.3	140.16	489.15	28.07
Current Portion of Long-Term Debt	293.26	293.25	517.12	306.19	305.05	2,004
Current Portion of Leases	-	-	100.42	136.55	109.7	105.81
Current Income Taxes Payable	56.14	49.54	11.05	2.2	0.91	63.38
Current Unearned Revenue	68.82	69.7	72.07	73.81	81.2	51.46
Other Current Liabilities	239.89	199.85	125.62	114.82	72.44	72.21
Total Current Liabilities	1,696	1,817	2,042	1,484	1,870	3,144
Long-Term Debt	68.76	67.11	211.57	722.08	1,010	258.37
Long-Term Leases	100.82	79.45	42.66	57.21	132.46	145.58
Pension & Post-Retirement Benefits	-	-	2.15	2.49	2.33	2.35
Long-Term Deferred Tax Liabilities	4.34	4.48	5.05	5.62	6.22	6.79
Other Long-Term Liabilities	2.9	2.71	0.01	0.01	0.05	0.1
Total Liabilities	1,873	1,971	2,304	2,272	3,021	3,557
Common Stock	345.35	345.35	346.98	347.13	347.21	296.63
Additional Paid-In Capital	2,065	2,065	2,037	2,025	2,020	1,613
Retained Earnings	1,440	1,329	1,210	993.5	730.13	658.71
Treasury Stock	-4.84	-5.72	-16.9	-16.82	-46.9	-49.85
Comprehensive Income & Other	-3	-1.7	39.14	40.89	40.85	40.09
Total Common Equity	3,843	3,732	3,616	3,390	3,091	2,559
Shareholders' Equity	3,843	3,732	3,616	3,390	3,091	2,559
Total Liabilities & Equity	5,716	5,703	5,920	5,662	6,112	6,115
Total Debt	989.34	894.81	1,232	1,362	2,046	2,542
Net Cash (Debt)	-581.27	-538.64	-440.27	-828.02	-1,457	-1,974
Net Cash Per Share	-1.69	-1.57	-1.22	-2.31	-5.10	-7.14
Filing Date Shares Outstanding	346.21	334.76	346.22	347.08	340.58	290
Total Common Shares Outstanding	346.21	334.76	346.22	347.08	340.58	290
Working Capital	372.56	257.06	342.43	537.11	360.93	-906.19
Book Value Per Share	11.10	11.15	10.44	9.77	9.08	8.82
Tangible Book Value	744.09	658.2	518.82	288.59	-19.36	-545.5
Tangible Book Value Per Share	2.15	1.97	1.50	0.83	-0.06	-1.88
Buildings	-	-	107.32	107.32	107.32	105.96
Machinery	-	-	80.86	76.33	75.12	67.54
Construction In Progress	-	-	3.88	4.79	3.44	6.55

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