JINHUI LIQUOR Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	852.83	868.78	1,042	810.13	666.68	591.89
Cash & Short-Term Investments	852.83	868.78	1,042	810.13	666.68	591.89
Cash Growth	10.58%	-16.64%	28.65%	21.52%	12.63%	17.95%
Accounts Receivable	32.33	15.41	7.18	15.03	18.61	8.02
Other Receivables	124.85	110.7	35.81	11.06	4.13	2.66
Receivables	157.18	126.1	43	26.09	22.74	10.68
Inventory	1,787	1,690	1,620	1,512	1,327	1,137
Prepaid Expenses	-	-	-	0	-	0.01
Other Current Assets	26.41	31.11	33.95	37.04	22.5	8.35
Total Current Assets	2,823	2,716	2,739	2,386	2,039	1,748
Property, Plant & Equipment	1,664	1,541	1,387	1,469	1,515	1,571
Long-Term Investments	1.51	1.85	-	0.19	1.15	1.43
Goodwill	1.01	1.01	1.01	1.01	-	-
Other Intangible Assets	312.51	215.58	212.94	198.78	183.35	187.37
Long-Term Deferred Tax Assets	32.6	29.85	35.01	24.14	9.65	10.15
Long-Term Deferred Charges	19.13	21.55	23.95	13.3	9	9.96
Other Long-Term Assets	73.69	77.46	2.9	3.84	16.38	3.72
Total Assets	4,928	4,605	4,402	4,095	3,773	3,532
Accounts Payable	145.74	206.18	175.3	144.42	120.15	208.87
Accrued Expenses	174.65	228.32	168.53	181.45	192.51	192.3
Short-Term Debt	119	-	-	-	-	10.01
Current Portion of Long-Term Debt	-	12	12	12	12	12
Current Portion of Leases	-	6.34	7.63	9.14	5.4	-
Current Income Taxes Payable	93.62	17.23	24.72	7.83	17.45	43.18
Current Unearned Revenue	631.86	638.43	575.28	509.82	358.52	200.58
Other Current Liabilities	133.03	92.89	65.39	40.45	45.4	47.91
Total Current Liabilities	1,298	1,201	1,029	905.11	751.44	714.85
Long-Term Debt	138.42	-	-	-	-	-
Long-Term Leases	26.12	14.92	10.03	11.37	7.71	-
Long-Term Unearned Revenue	46.75	41.21	7.38	8.04	8.73	8.79
Pension & Post-Retirement Benefits	-	-	14.29	3.43	1.33	7.64
Long-Term Deferred Tax Liabilities	35.43	26.39	19.02	16.47	22.42	22.41
Other Long-Term Liabilities	5.72	7.49	-	-	-	-
Total Liabilities	1,550	1,291	1,080	944.42	791.63	753.69
Common Stock	507.26	507.26	507.26	507.26	507.26	507.26
Additional Paid-In Capital	870.86	870.86	870.92	870.92	870.92	870.92
Retained Earnings	2,214	2,139	1,948	1,772	1,603	1,400
Treasury Stock	-192.85	-192.81	-	-	-	-
Total Common Equity	3,399	3,324	3,326	3,150	2,981	2,778
Minority Interest	-22.06	-10.92	-3.25	1.04	0.33	-
Shareholders' Equity	3,377	3,313	3,323	3,151	2,982	2,778
Total Liabilities & Equity	4,928	4,605	4,402	4,095	3,773	3,532
Total Debt	283.54	33.26	29.66	32.51	25.11	22.01
Net Cash (Debt)	569.3	835.53	1,013	777.62	641.57	569.89
Net Cash Growth	-23.26%	-17.48%	30.21%	21.21%	12.58%	24.77%
Net Cash Per Share	1.13	1.66	2.00	1.53	1.26	1.12
Filing Date Shares Outstanding	507.26	496.83	507.26	507.26	507.26	507.26
Total Common Shares Outstanding	507.26	496.83	507.26	507.26	507.26	507.26
Working Capital	1,525	1,515	1,710	1,481	1,287	1,033
Book Value Per Share	6.70	6.69	6.56	6.21	5.88	5.48
Tangible Book Value	3,086	3,108	3,112	2,950	2,798	2,591
Tangible Book Value Per Share	6.08	6.25	6.14	5.82	5.52	5.11
Buildings	-	1,739	1,735	1,730	1,724	1,723
Machinery	-	386.95	379.11	366.8	321.29	305.07
Construction In Progress	-	237.52	1.84	1.51	10.37	5.62

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.