Tongqinglou Catering 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	202.57	150.12	122.4	410.57	254.42	455.05
Trading Asset Securities	-	0.01	0.27	80.56	539.93	598.06
Cash & Short-Term Investments	202.57	150.13	122.67	491.14	794.35	1,053
Cash Growth	223.93%	22.39%	-75.02%	-38.17%	-24.57%	289.38%
Accounts Receivable	45.37	46.1	33.86	32.54	7.57	7.05
Other Receivables	90.48	66.64	65.39	36.32	33.94	26.88
Receivables	135.84	112.74	99.25	68.86	41.51	33.93
Inventory	137.93	120.69	114.74	99.49	99.26	101.5
Other Current Assets	229.52	260.21	165.01	101.6	72.07	63.74
Total Current Assets	705.86	643.77	501.67	761.09	1,007	1,252
Property, Plant & Equipment	4,129	3,520	2,629	1,593	1,384	659.46
Other Intangible Assets	642.81	651.57	305.4	205.24	146.59	150.25
Long-Term Deferred Tax Assets	31.62	31.96	26.95	18.72	19.31	4
Long-Term Deferred Charges	332.43	435.95	337.87	206.65	184.94	168.34
Other Long-Term Assets	99.49	81.86	183.15	116.82	95.95	16.44
Total Assets	5,941	5,365	3,984	2,901	2,838	2,251
Accounts Payable	361.61	136.81	151.25	70.96	79.45	141.37
Accrued Expenses	56.33	65.33	82.04	59.72	46.91	39.76
Short-Term Debt	563.8	407.54	110.82	-	-	-
Current Portion of Long-Term Debt	289.42	154.09	13.33	-	-	-
Current Portion of Leases	-	68.59	68.27	56.15	53.04	-
Current Income Taxes Payable	4.63	18.39	39.65	6.8	18.89	33.42
Current Unearned Revenue	129.85	102.54	92.42	71.62	46.62	35.19
Other Current Liabilities	342.89	454.58	328.76	213.08	167.44	95.09
Total Current Liabilities	1,749	1,408	886.55	478.34	412.33	344.83
Long-Term Debt	846.72	686.17	164.99	-	-	-
Long-Term Leases	937.88	863.14	626.26	437.01	459.43	-
Long-Term Unearned Revenue	62.52	64.58	65.05	-	-	-
Long-Term Deferred Tax Liabilities	-	-	-	-	1.09	-
Other Long-Term Liabilities	111.48	108.82	-	-	-	-
Total Liabilities	3,707	3,131	1,743	915.35	872.86	344.83
Common Stock	260	260	260	260	260	200
Additional Paid-In Capital	741.98	741.98	741.98	741.98	741.98	801.98
Retained Earnings	1,262	1,263	1,269	984.09	963.29	903.97
Treasury Stock	-29.88	-29.88	-29.88	-	-	-
Shareholders' Equity	2,234	2,235	2,241	1,986	1,965	1,906
Total Liabilities & Equity	5,941	5,365	3,984	2,901	2,838	2,251
Total Debt	2,638	2,180	983.67	493.17	512.48	-
Net Cash (Debt)	-2,435	-2,029	-861	-2.03	281.88	1,053
Net Cash Growth	-	-	-	-	-73.23%	289.38%
Net Cash Per Share	-9.74	-7.91	-3.31	-0.01	1.08	4.73
Filing Date Shares Outstanding	259	259	259	260	260	260
Total Common Shares Outstanding	259	259	259	260	260	260
Working Capital	-1,043	-764.09	-384.88	282.75	594.86	907.46
Book Value Per Share	8.62	8.63	8.65	7.64	7.56	7.33
Tangible Book Value	1,591	1,583	1,935	1,781	1,819	1,756
Tangible Book Value Per Share	6.14	6.11	7.47	6.85	6.99	6.75
Buildings	-	2,164	1,523	737.94	349.88	299.73
Machinery	-	479.09	428.99	383.2	359.1	314.72
Construction In Progress	-	583.82	468.61	403.02	553.38	323.02

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