Loncin Motor 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	9,566	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	9,566	9,332	6,760	5,603	4,120	3,045
Cash Growth	24.04%	38.05%	20.64%	35.99%	35.30%	6.28%
Accounts Receivable	2,272	2,088	2,027	1,566	1,739	2,204
Other Receivables	254.13	248.21	319.78	216.49	367.29	367.82
Receivables	2,526	3,286	3,319	2,573	2,540	3,370
Inventory	786.59	946.85	1,003	702.56	824.16	1,325
Other Current Assets	244.52	245.69	1,018	873.18	202.68	208.08
Total Current Assets	13,123	13,810	12,100	9,752	7,687	7,949
Property, Plant & Equipment	2,187	2,244	2,597	2,614	3,060	3,154
Long-Term Investments	3.6	3.91	4.95	14.18	31.61	36.98
Goodwill	-	-	-	14.31	139.47	361.25
Other Intangible Assets	537.48	549.87	636.22	729.93	847.73	807.28
Long-Term Accounts Receivable	-	-	-	-	-	76.44
Long-Term Deferred Tax Assets	186.47	188.88	161.44	123.88	96.36	87.89
Long-Term Deferred Charges	18.54	20.58	21.88	121.11	125.58	130.62
Other Long-Term Assets	511.83	522.33	546.83	571.99	599.94	614.77
Total Assets	16,569	17,340	16,069	13,942	12,587	13,218
Accounts Payable	3,718	3,606	3,399	2,720	2,152	3,107
Accrued Expenses	148.44	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	256.85	299.5	-	-	46.74	68.78
Current Portion of Leases	-	9.44	18	13.18	14.03	12.35
Current Income Taxes Payable	177.17	86.98	118.09	48.72	32.68	54.41
Current Unearned Revenue	379.53	363.38	490.94	253.95	208.51	251.27
Other Current Liabilities	1,909	2,271	1,611	1,390	691.18	744.27
Total Current Liabilities	6,588	7,429	6,507	5,214	3,874	4,979
Long-Term Debt	-	-	-	-	264.89	155.45
Long-Term Leases	27.07	26.7	25.35	31.99	31.06	45.51
Long-Term Unearned Revenue	63.44	65.54	67.87	77.63	208.19	197.14
Long-Term Deferred Tax Liabilities	74.48	74.27	68.83	80.26	81.89	77.58
Other Long-Term Liabilities	96.25	99.97	118.98	109.24	-	-
Total Liabilities	6,850	7,695	6,788	5,513	4,460	5,455
Common Stock	2,054	2,054	2,054	2,054	2,054	2,054
Additional Paid-In Capital	48.14	48.14	48.18	38.93	23.45	23.45
Retained Earnings	7,796	7,324	6,909	5,993	5,574	5,170
Treasury Stock	-400.01	-	-	-6.08	-6.08	-6.08
Comprehensive Income & Other	155.5	157.92	167.14	173.59	168.53	164.17
Total Common Equity	9,653	9,584	9,178	8,253	7,813	7,405
Minority Interest	66.15	61.3	103.13	175.6	314.02	357.81
Shareholders' Equity	9,719	9,645	9,281	8,428	8,127	7,763
Total Liabilities & Equity	16,569	17,340	16,069	13,942	12,587	13,218
Total Debt	283.92	335.64	344.68	348.17	667.51	605.7
Net Cash (Debt)	9,282	8,996	6,415	5,255	3,453	2,440
Net Cash Growth	26.10%	40.23%	22.07%	52.20%	41.52%	40.32%
Net Cash Per Share	4.51	4.37	3.15	2.52	1.70	1.20
Filing Date Shares Outstanding	2,054	2,054	2,054	2,054	2,054	2,054
Total Common Shares Outstanding	2,054	2,054	2,054	2,054	2,054	2,054
Working Capital	6,535	6,382	5,593	4,538	3,813	2,969
Book Value Per Share	4.70	4.67	4.47	4.02	3.80	3.61
Tangible Book Value	9,115	9,034	8,541	7,508	6,826	6,236
Tangible Book Value Per Share	4.44	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

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