Financial Street Holdings 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	10,127	12,811	13,799	16,875	17,854	18,817
Cash & Short-Term Investments	10,127	12,811	13,799	16,875	17,854	18,817
Cash Growth	-2.10%	-7.16%	-18.23%	-5.48%	-5.12%	70.64%
Accounts Receivable	479.84	490.95	490.76	908.1	721.8	431.49
Other Receivables	5,020	4,536	6,681	7,447	8,072	11,490
Receivables	5,500	5,026	7,172	8,355	8,793	11,922
Inventory	46,509	50,989	69,201	74,295	84,252	82,006
Prepaid Expenses	-	18.52	19.07	22.5	28.33	76.23
Other Current Assets	2,810	4,011	3,540	3,047	3,583	3,564
Total Current Assets	64,946	72,857	93,730	102,596	114,511	116,384
Property, Plant & Equipment	1,835	1,917	2,546	2,661	3,794	3,404
Long-Term Investments	4,319	4,581	4,837	5,225	4,711	4,933
Other Intangible Assets	326.3	333.36	370.08	386.89	563.43	538.67
Long-Term Deferred Tax Assets	3,028	2,714	3,032	2,527	2,197	2,782
Long-Term Deferred Charges	19.41	21.76	25.11	-	-	0.29
Other Long-Term Assets	39,278	39,208	39,831	39,681	39,003	41,165
Total Assets	113,753	121,633	144,372	153,075	164,780	169,208
Accounts Payable	4,522	5,843	6,825	8,693	9,602	7,690
Accrued Expenses	215.18	2,017	2,147	2,320	3,194	4,255
Short-Term Debt	-	-	30	20	20	2,510
Current Portion of Long-Term Debt	2,151	3,837	1,598	13,878	12,624	12,257
Current Portion of Leases	-	21.01	25.7	43.37	75.61	-
Current Income Taxes Payable	1,413	159.06	116.69	154.15	856.59	459.98
Current Unearned Revenue	4,383	4,385	11,593	9,844	13,098	13,835
Other Current Liabilities	5,634	7,680	7,156	7,007	11,364	10,878
Total Current Liabilities	18,318	23,942	29,492	41,959	50,834	51,885
Long-Term Debt	65,036	66,021	70,568	64,604	67,460	72,679
Long-Term Leases	182.37	72.9	85.29	98.93	67.87	-
Long-Term Unearned Revenue	381.83	203.3	5.02	19.4	-	-
Long-Term Deferred Tax Liabilities	3,801	3,793	4,011	3,974	3,823	4,839
Total Liabilities	87,718	94,032	104,162	110,654	122,185	129,403
Common Stock	2,989	2,989	2,989	2,989	2,989	2,989
Additional Paid-In Capital	6,979	6,968	6,940	6,940	6,891	6,890
Retained Earnings	12,828	14,178	25,262	27,252	26,495	25,749
Comprehensive Income & Other	746.87	747.55	747.55	747.44	746.85	766.1
Total Common Equity	23,544	24,883	35,938	37,928	37,123	36,394
Minority Interest	2,491	2,718	4,272	4,492	5,473	3,411
Shareholders' Equity	26,034	27,601	40,210	42,421	42,596	39,805
Total Liabilities & Equity	113,753	121,633	144,372	153,075	164,780	169,208
Total Debt	67,369	69,952	72,308	78,644	80,247	87,447
Net Cash (Debt)	-57,242	-57,141	-58,509	-61,768	-62,393	-68,629
Net Cash Per Share	-19.19	-19.13	-19.55	-20.43	-20.89	-23.07
Filing Date Shares Outstanding	2,989	2,989	2,989	2,989	2,989	2,989
Total Common Shares Outstanding	2,989	2,989	2,989	2,989	2,989	2,989
Working Capital	46,628	48,915	64,238	60,637	63,677	64,500
Book Value Per Share	7.88	8.33	12.02	12.69	12.42	12.18
Tangible Book Value	23,217	24,549	35,568	37,542	36,559	35,855
Tangible Book Value Per Share	7.77	8.21	11.90	12.56	12.23	12.00
Buildings	-	2,254	3,028	3,029	3,559	3,250
Machinery	-	420.58	487.78	479.26	461.77	459.14
Construction In Progress	-	-	-	-	782.91	763.9

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