Tongqinglou Catering 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	126.1	131.24	150.12	122.4	410.57	254.42
Trading Asset Securities	-	-	0.01	0.27	80.56	539.93
Cash & Short-Term Investments	126.1	131.24	150.13	122.67	491.14	794.35
Cash Growth	-15.40%	-12.59%	22.39%	-75.02%	-38.17%	-24.57%
Accounts Receivable	55.19	49.49	46.1	33.86	32.54	7.57
Other Receivables	74.76	72.51	66.64	65.39	36.32	33.94
Receivables	129.95	122	112.74	99.25	68.86	41.51
Inventory	115.95	135.86	120.69	114.74	99.49	99.26
Other Current Assets	225.67	273.67	260.21	165.01	101.6	72.07
Total Current Assets	597.67	662.76	643.77	501.67	761.09	1,007
Property, Plant & Equipment	4,079	3,890	3,520	2,629	1,593	1,384
Other Intangible Assets	630.6	636.11	651.57	305.4	205.24	146.59
Long-Term Deferred Tax Assets	38.15	39.3	31.96	26.95	18.72	19.31
Long-Term Deferred Charges	568.17	642.9	435.95	337.87	206.65	184.94
Other Long-Term Assets	124.68	84.26	81.86	183.15	116.82	95.95
Total Assets	6,038	5,955	5,365	3,984	2,901	2,838
Accounts Payable	330.29	386.36	136.81	151.25	70.96	79.45
Accrued Expenses	56.4	54.98	65.33	82.04	59.72	46.91
Short-Term Debt	783.79	653.04	407.54	110.82	-	-
Current Portion of Long-Term Debt	483.69	361.13	154.09	13.33	-	-
Current Portion of Leases	-	-	68.59	68.27	56.15	53.04
Current Income Taxes Payable	1.53	29.55	18.39	39.65	6.8	18.89
Current Unearned Revenue	100.14	105.94	102.54	92.42	71.62	46.62
Other Current Liabilities	251.78	257.54	454.58	328.76	213.08	167.44
Total Current Liabilities	2,008	1,849	1,408	886.55	478.34	412.33
Long-Term Debt	746.72	817.77	686.17	164.99	-	-
Long-Term Leases	866.12	899	863.14	626.26	437.01	459.43
Long-Term Unearned Revenue	64.57	65.31	64.58	65.05	-	-
Long-Term Deferred Tax Liabilities	-	-	-	-	-	1.09
Other Long-Term Liabilities	19.63	18.73	108.82	-	-	-
Total Liabilities	3,705	3,649	3,131	1,743	915.35	872.86
Common Stock	260	260	260	260	260	260
Additional Paid-In Capital	753.8	741.98	741.98	741.98	741.98	741.98
Retained Earnings	1,349	1,334	1,263	1,269	984.09	963.29
Treasury Stock	-29.88	-29.88	-29.88	-29.88	-	-
Shareholders' Equity	2,333	2,306	2,235	2,241	1,986	1,965
Total Liabilities & Equity	6,038	5,955	5,365	3,984	2,901	2,838
Total Debt	2,880	2,731	2,180	983.67	493.17	512.48
Net Cash (Debt)	-2,754	-2,600	-2,029	-861	-2.03	281.88
Net Cash Growth	-	-	-	-	-	-73.23%
Net Cash Per Share	-10.32	-9.93	-7.91	-3.31	-0.01	1.08
Filing Date Shares Outstanding	279.4	292.53	259	259	260	260
Total Common Shares Outstanding	279.4	292.53	259	259	260	260
Working Capital	-1,410	-1,186	-764.09	-384.88	282.75	594.86
Book Value Per Share	8.35	7.88	8.63	8.65	7.64	7.56
Tangible Book Value	1,703	1,670	1,583	1,935	1,781	1,819
Tangible Book Value Per Share	6.09	5.71	6.11	7.47	6.85	6.99
Buildings	-	-	2,164	1,523	737.94	349.88
Machinery	-	-	479.09	428.99	383.2	359.1
Construction In Progress	-	-	583.82	468.61	403.02	553.38

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