Jiangsu Rongtai Industry 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	2016 - 2019
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	2016 - 2019
Cash & Equivalents	235.06	179.02	263.05	555.34	155.87	96.62	Upgrade
Trading Asset Securities	909.34	42.78	201.05	64.02	162.87	-	Upgrade
Cash & Short-Term Investments	1,144	221.81	464.09	619.37	318.74	96.62	Upgrade
Cash Growth	228.67%	-52.21%	-25.07%	94.32%	229.88%	81.95%	Upgrade
Accounts Receivable	1,230	977.24	810.39	617	386.21	377.3	Upgrade
Other Receivables	19.11	4.98	8.42	8.39	1.12	0.86	Upgrade
Receivables	1,249	982.22	818.81	625.39	387.33	378.17	Upgrade
Inventory	1,055	656.28	563.67	488.18	288.45	197.31	Upgrade
Prepaid Expenses	-	-	-	-	-	3.39	Upgrade
Other Current Assets	94.24	69.17	81.39	62.11	48.07	27.01	Upgrade
Total Current Assets	3,543	1,929	1,928	1,795	1,043	702.51	Upgrade
Property, Plant & Equipment	2,455	2,180	1,973	1,412	975.82	810.55	Upgrade
Long-Term Investments	22.75	-	2.87	3.67	4.66	5.63	Upgrade
Goodwill	303.97	128.47	128.47	128.47	-	-	Upgrade
Other Intangible Assets	269.51	220.05	207	97.15	73.04	62.62	Upgrade
Long-Term Deferred Tax Assets	56.24	53.23	46.58	19.3	13.47	13.48	Upgrade
Long-Term Deferred Charges	10.9	5.01	3.06	1.31	0.57	0.19	Upgrade
Other Long-Term Assets	69.2	79	66.72	73.19	57.13	21.18	Upgrade
Total Assets	6,730	4,595	4,356	3,530	2,167	1,616	Upgrade
Accounts Payable	1,074	819.36	594.97	439.15	308.49	227.4	Upgrade
Accrued Expenses	65.61	68.85	75.72	57.54	38.28	43.69	Upgrade
Short-Term Debt	1,122	770.39	613.09	205.11	97.12	416.99	Upgrade
Current Portion of Long-Term Debt	-	-	47.44	-	-	-	Upgrade
Current Portion of Leases	9.29	0.5	0.88	-	-	-	Upgrade
Current Income Taxes Payable	22.43	4.09	16.37	3.1	1.74	6.96	Upgrade
Current Unearned Revenue	68.48	34.59	14.09	54.5	0.01	2.44	Upgrade
Other Current Liabilities	207	91.89	147.76	156.97	0.99	0.84	Upgrade
Total Current Liabilities	2,569	1,790	1,510	916.37	446.63	698.32	Upgrade
Long-Term Debt	101.41	-	-	678.35	26.43	22.04	Upgrade
Long-Term Leases	9.52	3.23	1.88	-	-	-	Upgrade
Long-Term Unearned Revenue	70.6	74.43	86.97	36.21	42.01	41.81	Upgrade
Pension & Post-Retirement Benefits	3.71	3.35	3.52	0.23	2.13	1.72	Upgrade
Long-Term Deferred Tax Liabilities	7.03	2.71	3.1	4.4	-	-	Upgrade
Other Long-Term Liabilities	-	0.06	-	-	-	-	Upgrade
Total Liabilities	2,761	1,873	1,606	1,636	517.2	763.88	Upgrade
Common Stock	282.81	186.08	186.08	162.19	160	120	Upgrade
Additional Paid-In Capital	2,349	1,576	1,571	933.5	908.13	199.7	Upgrade
Retained Earnings	1,085	969.09	830.69	716.36	607.05	546.43	Upgrade
Treasury Stock	-12.9	-45.98	-24.63	-23.25	-	-	Upgrade
Comprehensive Income & Other	62.99	-41.38	118.92	39.93	-25.1	-13.85	Upgrade
Total Common Equity	3,767	2,644	2,683	1,829	1,650	852.28	Upgrade
Minority Interest	202.26	77.52	67.68	65.89	-	-	Upgrade
Shareholders' Equity	3,969	2,722	2,750	1,895	1,650	852.28	Upgrade
Total Liabilities & Equity	6,730	4,595	4,356	3,530	2,167	1,616	Upgrade
Total Debt	1,242	774.13	663.29	883.46	123.55	439.02	Upgrade
Net Cash (Debt)	-97.83	-552.32	-199.2	-264.09	195.19	-342.4	Upgrade
Net Cash Per Share	-0.37	-2.29	-0.84	-1.25	0.98	-2.18	Upgrade
Filing Date Shares Outstanding	289.74	280.47	239.7	205.53	208	156	Upgrade
Total Common Shares Outstanding	289.74	239.57	239.7	205.53	208	156	Upgrade
Working Capital	974.03	139.8	417.64	878.67	595.96	4.19	Upgrade
Book Value Per Share	13.00	11.04	11.19	8.90	7.93	5.46	Upgrade
Tangible Book Value	3,193	2,296	2,347	1,603	1,577	789.65	Upgrade
Tangible Book Value Per Share	11.02	9.58	9.79	7.80	7.58	5.06	Upgrade
Buildings	-	618.54	478.17	432.57	333.87	318.51	Upgrade
Machinery	-	2,533	2,042	1,620	1,240	1,087	Upgrade
Construction In Progress	-	363.63	614.4	334.53	192.48	57.33	Upgrade

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