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	Jun '26 Jun 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	10,028	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	10,028	9,332	6,760	5,603	4,120	3,045
Cash Growth	16.96%	38.05%	20.64%	35.99%	35.30%	6.28%
Accounts Receivable	2,555	2,088	2,027	1,566	1,739	2,204
Other Receivables	323	248.21	319.78	216.49	367.29	367.82
Receivables	2,878	3,286	3,319	2,573	2,540	3,370
Inventory	817.89	946.85	1,003	702.56	824.16	1,325
Other Current Assets	227.09	245.69	1,018	873.18	202.68	208.08
Total Current Assets	13,951	13,810	12,100	9,752	7,687	7,949
Property, Plant & Equipment	2,135	2,244	2,597	2,614	3,060	3,154
Long-Term Investments	3.53	3.91	4.95	14.18	31.61	36.98
Goodwill	-	-	-	14.31	139.47	361.25
Other Intangible Assets	527.01	549.87	636.22	729.93	847.73	807.28
Long-Term Accounts Receivable	-	-	-	-	-	76.44
Long-Term Deferred Tax Assets	192.04	188.88	161.44	123.88	96.36	87.89
Long-Term Deferred Charges	24	20.58	21.88	121.11	125.58	130.62
Other Long-Term Assets	514.19	522.33	546.83	571.99	599.94	614.77
Total Assets	17,347	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	Jun '26 Jun 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	3,983	3,606	3,399	2,720	2,152	3,107
Accrued Expenses	227.5	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	258.88	299.5	-	-	46.74	68.78
Current Portion of Leases	-	9.44	18	13.18	14.03	12.35
Current Income Taxes Payable	194.62	86.98	118.09	48.72	32.68	54.41
Current Unearned Revenue	387.44	363.38	490.94	253.95	208.51	251.27
Other Current Liabilities	2,844	2,271	1,611	1,390	691.18	744.27
Total Current Liabilities	7,895	7,429	6,507	5,214	3,874	4,979
Long-Term Debt	-	-	-	-	264.89	155.45
Long-Term Leases	22.94	26.7	25.35	31.99	31.06	45.51
Long-Term Unearned Revenue	66.3	65.54	67.87	77.63	208.19	197.14
Long-Term Deferred Tax Liabilities	74.13	74.27	68.83	80.26	81.89	77.58
Other Long-Term Liabilities	92.7	99.97	118.98	109.24	-	-
Total Liabilities	8,151	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	Jun '26 Jun 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	7,289	7,324	6,909	5,993	5,574	5,170
Treasury Stock	-400.01	-	-	-6.08	-6.08	-6.08
Comprehensive Income & Other	152.52	157.92	167.14	173.59	168.53	164.17
Total Common Equity	9,148	9,584	9,178	8,253	7,813	7,405
Minority Interest	47.69	61.3	103.13	175.6	314.02	357.81
Shareholders' Equity	9,196	9,645	9,281	8,428	8,127	7,763
Total Liabilities & Equity	17,347	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	Jun '26 Jun 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	281.82	335.64	344.68	348.17	667.51	605.7
Net Cash (Debt)	9,746	8,996	6,415	5,255	3,453	2,440
Net Cash Growth	18.54%	40.23%	22.07%	52.20%	41.52%	40.32%
Net Cash Per Share	4.76	4.37	3.15	2.52	1.70	1.20
Filing Date Shares Outstanding	2,000	2,054	2,054	2,054	2,054	2,054
Total Common Shares Outstanding	2,000	2,054	2,054	2,054	2,054	2,054
Working Capital	6,056	6,382	5,593	4,538	3,813	2,969
Book Value Per Share	4.57	4.67	4.47	4.02	3.80	3.61
Tangible Book Value	8,621	9,034	8,541	7,508	6,826	6,236
Tangible Book Value Per Share	4.31	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