Loncin Motor Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	10,641	9,332	6,760	5,548	3,479	2,667
Trading Asset Securities	-	-	0.09	55.7	641.47	378.86
Cash & Short-Term Investments	10,641	9,332	6,760	5,603	4,120	3,045
Cash Growth	13.67%	38.05%	20.64%	35.99%	35.30%	6.28%
Accounts Receivable	2,277	2,088	2,027	1,566	1,739	2,204
Other Receivables	404.18	248.21	319.78	216.49	367.29	367.82
Receivables	2,681	3,286	3,319	2,573	2,540	3,370
Inventory	904.48	946.85	1,003	702.56	824.16	1,325
Other Current Assets	254.18	245.69	1,018	873.18	202.68	208.08
Total Current Assets	14,481	13,810	12,100	9,752	7,687	7,949
Property, Plant & Equipment	2,160	2,244	2,597	2,614	3,060	3,154
Long-Term Investments	3.49	3.91	4.95	14.18	31.61	36.98
Goodwill	-	-	-	14.31	139.47	361.25
Other Intangible Assets	559.97	549.87	636.22	729.93	847.73	807.28
Long-Term Accounts Receivable	-	-	-	-	-	76.44
Long-Term Deferred Tax Assets	186.15	188.88	161.44	123.88	96.36	87.89
Long-Term Deferred Charges	24.17	20.58	21.88	121.11	125.58	130.62
Other Long-Term Assets	521.39	522.33	546.83	571.99	599.94	614.77
Total Assets	17,936	17,340	16,069	13,942	12,587	13,218

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	3,733	3,606	3,399	2,720	2,152	3,107
Accrued Expenses	210.96	792.71	568.25	485.36	418.37	417.5
Short-Term Debt	-	-	301.33	303	310.79	323.6
Current Portion of Long-Term Debt	9.36	299.5	-	-	46.74	68.78
Current Portion of Leases	-	9.44	18	13.18	14.03	12.35
Current Income Taxes Payable	176.1	86.98	118.09	48.72	32.68	54.41
Current Unearned Revenue	352.98	363.38	490.94	253.95	208.51	251.27
Other Current Liabilities	3,324	2,271	1,611	1,390	691.18	744.27
Total Current Liabilities	7,807	7,429	6,507	5,214	3,874	4,979
Long-Term Debt	200	-	-	-	264.89	155.45
Long-Term Leases	20.52	26.7	25.35	31.99	31.06	45.51
Long-Term Unearned Revenue	64.11	65.54	67.87	77.63	208.19	197.14
Long-Term Deferred Tax Liabilities	73.89	74.27	68.83	80.26	81.89	77.58
Other Long-Term Liabilities	25.55	99.97	118.98	109.24	-	-
Total Liabilities	8,191	7,695	6,788	5,513	4,460	5,455

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	2,054	2,054	2,054	2,054	2,054	2,054
Additional Paid-In Capital	53.17	48.14	48.18	38.93	23.45	23.45
Retained Earnings	7,841	7,324	6,909	5,993	5,574	5,170
Treasury Stock	-400.01	-	-	-6.08	-6.08	-6.08
Comprehensive Income & Other	145.84	157.92	167.14	173.59	168.53	164.17
Total Common Equity	9,693	9,584	9,178	8,253	7,813	7,405
Minority Interest	51.4	61.3	103.13	175.6	314.02	357.81
Shareholders' Equity	9,744	9,645	9,281	8,428	8,127	7,763
Total Liabilities & Equity	17,936	17,340	16,069	13,942	12,587	13,218

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	229.88	335.64	344.68	348.17	667.51	605.7
Net Cash (Debt)	10,411	8,996	6,415	5,255	3,453	2,440
Net Cash Growth	15.53%	40.23%	22.07%	52.20%	41.52%	40.32%
Net Cash Per Share	5.10	4.37	3.15	2.52	1.70	1.20
Filing Date Shares Outstanding	2,026	2,054	2,054	2,054	2,054	2,054
Total Common Shares Outstanding	2,026	2,054	2,054	2,054	2,054	2,054
Working Capital	6,674	6,382	5,593	4,538	3,813	2,969
Book Value Per Share	4.78	4.67	4.47	4.02	3.80	3.61
Tangible Book Value	9,133	9,034	8,541	7,508	6,826	6,236
Tangible Book Value Per Share	4.51	4.40	4.16	3.66	3.32	3.04
Buildings	-	1,978	2,047	2,003	2,008	1,881
Machinery	-	3,169	3,109	2,903	3,155	2,987
Construction In Progress	-	125.84	209.21	142.76	317.3	357.87