Grandjoy Holdings Group 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	19,219	20,075	27,089	30,085	36,530	24,886
Trading Asset Securities	-	-	-	127.73	-	6.88
Cash & Short-Term Investments	19,219	20,075	27,089	30,212	36,530	24,893
Cash Growth	-28.82%	-25.89%	-10.34%	-17.29%	46.75%	-21.71%
Accounts Receivable	499.75	401.08	530.14	313.33	317.42	301.48
Other Receivables	12,783	12,077	13,488	15,665	18,465	24,310
Receivables	13,283	13,325	14,080	15,979	18,783	24,611
Inventory	56,404	60,472	76,785	91,941	95,705	102,003
Prepaid Expenses	-	4,558	5,125	4,818	4,625	5,171
Other Current Assets	6,195	1,802	2,094	2,026	2,065	883.84
Total Current Assets	95,100	100,232	125,173	144,976	157,707	157,562
Property, Plant & Equipment	3,418	3,386	3,525	3,695	3,976	4,286
Long-Term Investments	13,713	13,751	14,129	12,976	14,426	14,131
Goodwill	228.74	228.74	228.74	228.74	305.21	305.21
Other Intangible Assets	1,396	1,413	1,518	1,580	1,652	1,723
Long-Term Deferred Tax Assets	792.35	788.8	1,167	1,132	1,599	1,830
Long-Term Deferred Charges	101.08	105.87	109.26	111.58	115.1	101.55
Other Long-Term Assets	37,089	35,951	31,164	31,927	34,242	32,413
Total Assets	151,839	157,016	178,575	198,061	214,432	212,727
Accounts Payable	12,203	13,419	13,169	15,981	15,690	13,903
Accrued Expenses	3,274	2,472	2,295	3,745	4,041	7,333
Short-Term Debt	3,989	2,455	2,390	960	3,811	3,450
Current Portion of Long-Term Debt	-	12,045	15,057	20,081	11,974	13,818
Current Portion of Leases	-	63.79	112.68	118.21	140.32	109.44
Current Income Taxes Payable	-	652.51	466.97	1,247	751.59	868.98
Current Unearned Revenue	9,798	14,248	25,324	31,989	30,831	37,263
Other Current Liabilities	30,455	21,307	22,592	21,664	36,379	26,557
Total Current Liabilities	59,719	66,662	81,406	95,785	103,618	103,303
Long-Term Debt	50,744	48,624	49,537	50,751	58,890	50,856
Long-Term Leases	412.98	413.7	457.65	348.83	396.74	525.96
Long-Term Unearned Revenue	1,037	1,043	1,078	1,111	1,139	1,165
Long-Term Deferred Tax Liabilities	1,670	1,650	1,857	745.45	704.26	628.78
Other Long-Term Liabilities	2,939	2,937	2,685	3,226	2,180	4,157
Total Liabilities	116,523	121,329	137,020	151,966	166,928	160,636
Common Stock	4,286	4,286	4,286	4,286	4,286	4,286
Additional Paid-In Capital	10,466	10,466	8,567	8,640	8,640	8,729
Retained Earnings	-4,143	-3,922	-1,572	1,405	2,870	5,753
Comprehensive Income & Other	-381.91	-549.07	-685.54	-488.82	-393.75	69.81
Total Common Equity	10,227	10,281	10,596	13,843	15,402	18,838
Minority Interest	25,089	25,406	30,959	32,252	32,102	33,253
Shareholders' Equity	35,316	35,687	41,554	46,095	47,504	52,091
Total Liabilities & Equity	151,839	157,016	178,575	198,061	214,432	212,727
Total Debt	55,146	63,601	67,553	72,259	75,213	68,760
Net Cash (Debt)	-35,927	-43,526	-40,464	-42,046	-38,683	-43,867
Net Cash Per Share	-8.34	-10.19	-9.38	-9.76	-8.99	-12.24
Filing Date Shares Outstanding	4,423	4,286	4,286	4,286	4,286	4,286
Total Common Shares Outstanding	4,423	4,286	4,286	4,286	4,286	4,286
Working Capital	35,381	33,570	43,767	49,191	54,090	54,260
Book Value Per Share	2.31	2.40	2.47	3.23	3.59	4.39
Tangible Book Value	8,602	8,639	8,850	12,034	13,445	16,810
Tangible Book Value Per Share	1.95	2.02	2.06	2.81	3.14	3.92
Buildings	-	4,422	4,534	4,683	4,722	4,734
Machinery	-	1,267	1,421	1,534	1,569	1,571
Construction In Progress	-	2.99	0.42	-	0.25	9.72

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