Bohai Leasing 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	11,455	9,695	26,545	7,341	7,064	7,319
Trading Asset Securities	238.95	298.28	-	-	19.42	0.81
Cash & Short-Term Investments	11,694	9,994	26,545	7,341	7,083	7,320
Cash Growth	-3.39%	-62.35%	261.59%	3.65%	-3.24%	-59.49%
Accounts Receivable	1,795	1,613	1,489	1,839	1,927	2,255
Other Receivables	220.32	4,401	3,105	2,992	2,796	3,430
Receivables	2,015	6,014	4,595	4,831	4,723	5,684
Inventory	23.88	26.6	136.14	170.95	41.84	12.83
Prepaid Expenses	-	26.41	316.19	99.23	-	-
Other Current Assets	18,321	2,982	9,832	3,017	300.95	933.42
Total Current Assets	32,053	19,043	41,424	15,459	12,149	13,951
Property, Plant & Equipment	173,762	187,068	193,919	204,292	201,269	189,850
Long-Term Investments	1,472	2,736	3,099	3,069	4,375	3,011
Goodwill	3,397	3,450	7,775	9,042	8,891	8,139
Other Intangible Assets	9.39	12.86	30	37.19	34.39	104.53
Long-Term Deferred Tax Assets	1,109	1,123	1,045	1,026	1,330	1,521
Long-Term Deferred Charges	-	3,305	3,422	3,407	3,817	5,543
Other Long-Term Assets	39,854	33,128	35,686	25,213	31,779	26,112
Total Assets	251,656	249,865	286,399	261,545	263,644	248,231
Accounts Payable	69.42	42.17	480.55	476.47	432.25	1,042
Accrued Expenses	265.44	2,353	2,419	2,335	3,205	2,279
Short-Term Debt	-	109.03	138.32	148.68	1,244	1,596
Current Portion of Long-Term Debt	22,703	21,611	20,231	43,149	29,757	26,855
Current Portion of Leases	-	36.14	57.14	56.34	47.14	25.64
Current Income Taxes Payable	1,454	1,052	951.27	788.9	372.45	174.81
Current Unearned Revenue	666.23	2,628	2,244	2,479	1,479	1,304
Other Current Liabilities	5,292	1,153	2,180	860.9	355.46	335.96
Total Current Liabilities	30,450	28,984	28,702	50,293	36,892	33,612
Long-Term Debt	158,650	156,832	192,740	150,380	168,718	163,030
Long-Term Leases	436.97	462.92	460.55	525.65	536.87	507.11
Long-Term Unearned Revenue	572.9	629.7	601.98	649.38	668.81	151.06
Long-Term Deferred Tax Liabilities	4,111	3,936	3,461	2,362	2,225	1,990
Other Long-Term Liabilities	11,509	12,192	11,664	11,722	11,332	9,062
Total Liabilities	205,730	203,036	237,629	215,932	220,372	208,352
Common Stock	6,185	6,185	6,185	6,185	6,185	6,185
Additional Paid-In Capital	17,049	17,049	17,049	17,114	17,100	17,122
Retained Earnings	4,126	3,218	3,624	2,720	1,439	3,425
Treasury Stock	-	-	-	-	-	-59.91
Comprehensive Income & Other	2,499	2,987	4,613	3,584	3,006	-1,077
Total Common Equity	29,858	29,439	31,471	29,602	27,729	25,595
Minority Interest	16,068	17,390	17,300	16,011	15,544	14,284
Shareholders' Equity	45,927	46,829	48,771	45,613	43,273	39,879
Total Liabilities & Equity	251,656	249,865	286,399	261,545	263,644	248,231
Total Debt	181,790	179,051	213,627	194,260	200,302	192,013
Net Cash (Debt)	-170,097	-169,057	-187,081	-186,918	-193,219	-184,693
Net Cash Per Share	-27.50	-27.34	-30.25	-30.22	-31.31	-29.95
Filing Date Shares Outstanding	6,185	6,185	6,185	6,185	6,185	6,167
Total Common Shares Outstanding	6,185	6,185	6,185	6,185	6,185	6,167
Working Capital	1,603	-9,941	12,722	-34,835	-24,743	-19,662
Book Value Per Share	4.83	4.76	5.09	4.79	4.48	4.15
Tangible Book Value	26,452	25,975	23,666	20,523	18,803	17,351
Tangible Book Value Per Share	4.28	4.20	3.83	3.32	3.04	2.81
Buildings	-	0.58	0.58	685.22	-	-
Machinery	-	233,552	211,221	223,571	213,683	195,799
Construction In Progress	-	1.07	1.07	0.81	-	-

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