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

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