Hainan Jingliang Holdings 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	Jan '22 Jan 1, 2022
Cash & Equivalents	1,868	0.01	0.01	0.01	0.01	507.14
Short-Term Investments	-	1,887	1,808	1,446	1,532	898.94
Trading Asset Securities	-	-	-	-	11.01	40.38
Cash & Short-Term Investments	1,868	1,887	1,808	1,446	1,543	1,446
Cash Growth	23.51%	4.39%	25.04%	-6.33%	6.70%	113.05%
Accounts Receivable	84.21	98.22	91.44	118.28	77.06	82.69
Other Receivables	426.62	42.66	2.62	303.1	7.62	284.76
Receivables	510.83	140.88	94.06	421.38	84.67	367.45
Inventory	988.76	1,422	2,358	2,042	2,074	1,903
Prepaid Expenses	-	9.95	6.58	16.23	15.48	1.19
Other Current Assets	561.91	729.15	497.16	535.08	426.06	164.31
Total Current Assets	3,929	4,189	4,763	4,460	4,144	3,883
Property, Plant & Equipment	1,087	1,100	1,018	1,098	1,077	1,140
Long-Term Investments	268.67	267.27	267.51	285.31	317.1	440.54
Goodwill	125.63	125.63	191.39	191.39	191.39	191.39
Other Intangible Assets	366.7	370.58	395.68	412.68	325.04	339.97
Long-Term Deferred Tax Assets	36.98	36.84	23.6	8.8	14.19	13.57
Long-Term Deferred Charges	3.07	3.36	17.4	17.66	16.94	17.38
Other Long-Term Assets	24.57	25.53	23.96	22.88	19.81	20.93
Total Assets	5,842	6,118	6,701	6,497	6,105	6,047
Accounts Payable	79.89	106.65	117.94	69.77	114.24	186.75
Accrued Expenses	15.15	91.62	73.14	72.27	96.36	95.48
Short-Term Debt	869.67	1,136	1,312	1,163	1,261	1,522
Current Portion of Long-Term Debt	377.3	371.04	532.15	153.2	-	-
Current Portion of Leases	-	5.28	11.51	22.74	1.43	1.58
Current Income Taxes Payable	17.96	2.22	2.74	4.64	39.89	74.17
Current Unearned Revenue	183.48	277.4	523.39	412.11	286.48	521.81
Other Current Liabilities	252.24	93.09	168.65	135.93	225.87	144.11
Total Current Liabilities	1,796	2,084	2,741	2,034	2,025	2,546
Long-Term Debt	580	576.5	299.25	698.8	500.28	71
Long-Term Leases	136.48	135.45	50.7	73.24	0.7	1.69
Long-Term Unearned Revenue	53.48	53.94	56.73	62.5	64.55	65.24
Long-Term Deferred Tax Liabilities	28.49	29.13	31.42	47.08	46.41	45.25
Other Long-Term Liabilities	27.94	27.97	10.77	5.68	5.68	5.68
Total Liabilities	2,622	2,907	3,190	2,921	2,642	2,734
Common Stock	726.95	726.95	726.95	726.95	726.95	726.95
Additional Paid-In Capital	1,684	1,435	1,435	1,435	1,323	1,676
Retained Earnings	459.87	451.73	730.9	757.38	655.03	513.62
Comprehensive Income & Other	0.55	249.53	250.23	247.97	356.8	-0.68
Total Common Equity	2,871	2,863	3,143	3,168	3,062	2,916
Minority Interest	348.78	348.31	367.66	407.83	401.05	396.35
Shareholders' Equity	3,220	3,212	3,511	3,575	3,463	3,312
Total Liabilities & Equity	5,842	6,118	6,701	6,497	6,105	6,047
Total Debt	1,963	2,225	2,205	2,111	1,763	1,596
Net Cash (Debt)	-95.84	-337.65	-397.66	-665.82	-219.56	-149.49
Net Cash Per Share	-0.13	-0.47	-0.61	-0.91	-0.29	-0.20
Filing Date Shares Outstanding	813.8	726.95	726.95	726.95	726.95	726.95
Total Common Shares Outstanding	813.8	726.95	726.95	726.95	726.95	726.95
Working Capital	2,133	2,105	2,022	2,426	2,119	1,337
Book Value Per Share	3.53	3.94	4.32	4.36	4.21	4.01
Tangible Book Value	2,379	2,367	2,556	2,563	2,545	2,384
Tangible Book Value Per Share	2.92	3.26	3.52	3.53	3.50	3.28
Buildings	-	1,087	1,060	1,056	1,114	1,111
Machinery	-	868.43	865.29	838.53	845.46	829.34
Construction In Progress	-	88.96	50.06	59.09	22.7	11.22

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