Juneyao Airlines 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	3,332	3,144	1,615	1,370	1,189	1,177
Trading Asset Securities	110.32	-	13.04	100.85	108.76	104.25
Cash & Short-Term Investments	3,442	3,144	1,629	1,471	1,297	1,281
Cash Growth	80.86%	93.05%	10.74%	13.36%	1.26%	-35.23%
Accounts Receivable	527.86	498.29	494.53	495.63	470.5	582.38
Other Receivables	820.45	223.6	236.35	76.27	97.64	95.82
Receivables	1,348	1,080	1,118	993.21	1,020	1,156
Inventory	423.62	375.42	279.71	248.91	208.86	206.92
Prepaid Expenses	-	-	-	2.5	7.1	2.14
Other Current Assets	1,506	1,634	1,547	1,160	818.09	1,014
Total Current Assets	6,720	6,233	4,573	3,875	3,351	3,660
Property, Plant & Equipment	37,102	36,368	35,971	34,251	32,072	32,521
Long-Term Investments	5,239	7,622	4,684	4,293	6,058	5,532
Other Intangible Assets	185.45	187.98	170.15	162.12	720.62	847.26
Long-Term Accounts Receivable	-	-	22.1	30.07	30.07	-
Long-Term Deferred Tax Assets	868.77	840.52	1,285	1,562	1,770	442.99
Long-Term Deferred Charges	933.22	960.07	1,068	1,074	1,097	1,141
Other Long-Term Assets	43.25	39.34	32.96	14.29	48.09	42.03
Total Assets	51,092	52,251	47,806	45,263	45,147	44,186
Accounts Payable	1,465	754.98	1,202	390.59	530.27	523.41
Accrued Expenses	351.84	1,507	1,465	1,580	1,179	952.68
Short-Term Debt	10,656	10,579	9,810	9,623	11,079	8,376
Current Portion of Long-Term Debt	3,615	1,395	1,633	1,054	1,692	2,149
Current Portion of Leases	-	2,878	2,983	3,096	2,489	2,124
Current Income Taxes Payable	388.4	19.96	2.62	3.47	4.39	6.45
Current Unearned Revenue	1,422	1,412	1,562	900.03	486.31	496.8
Other Current Liabilities	460.74	471.61	451.18	466.77	400.08	351.84
Total Current Liabilities	18,359	19,017	19,109	17,114	17,860	14,980
Long-Term Debt	7,950	6,499	3,991	4,254	3,625	4,843
Long-Term Leases	13,523	14,274	15,479	14,938	13,778	13,828
Long-Term Unearned Revenue	5.6	23.96	29.19	30.57	15.03	14.71
Other Long-Term Liabilities	920.26	305.68	310.33	295.91	299.79	290.47
Total Liabilities	40,758	40,119	38,919	36,634	35,577	33,956
Common Stock	2,184	2,184	2,199	2,214	2,214	1,966
Additional Paid-In Capital	7,576	7,576	7,748	8,110	8,091	5,108
Retained Earnings	2,631	2,189	1,367	933.74	45.18	4,314
Treasury Stock	-421.34	-398.95	-122.68	-52	-52	-52
Comprehensive Income & Other	-1,622	595.13	-2,291	-2,564	-756.09	-1,149
Total Common Equity	10,347	12,144	8,900	8,642	9,542	10,187
Minority Interest	-12.69	-12.59	-12.55	-12.16	28.13	44.14
Shareholders' Equity	10,334	12,132	8,887	8,630	9,570	10,231
Total Liabilities & Equity	51,092	52,251	47,806	45,263	45,147	44,186
Total Debt	35,745	35,624	33,896	32,966	32,663	31,319
Net Cash (Debt)	-32,302	-32,481	-32,268	-31,495	-31,366	-30,038
Net Cash Per Share	-14.83	-15.00	-14.82	-14.17	-15.35	-15.11
Filing Date Shares Outstanding	2,203	4,334	2,185	2,204	2,209	1,961
Total Common Shares Outstanding	2,203	4,334	2,175	2,209	2,209	1,961
Working Capital	-11,638	-12,784	-14,536	-13,239	-14,508	-11,320
Book Value Per Share	4.70	2.80	4.09	3.91	4.32	5.20
Tangible Book Value	10,161	11,956	8,730	8,480	8,821	9,339
Tangible Book Value Per Share	4.61	2.76	4.01	3.84	3.99	4.76
Buildings	-	1,579	1,577	1,577	1,093	-
Machinery	-	23,384	20,644	18,097	15,338	13,484
Construction In Progress	-	1,213	1,997	4,299	6,062	7,425

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