Rongan Property 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	2,135	1,853	2,227	4,615	8,393	9,779
Trading Asset Securities	-	-	-	-	7.8	46.31
Cash & Short-Term Investments	2,135	1,853	2,227	4,615	8,400	9,826
Cash Growth	4.54%	-16.77%	-51.75%	-45.06%	-14.51%	13.16%
Accounts Receivable	150.35	126.51	161.98	249.51	309.76	401.05
Other Receivables	452.99	730.26	564.84	650.22	1,354	2,620
Receivables	603.34	856.76	726.81	899.73	1,664	3,021
Inventory	5,874	6,381	13,192	37,383	55,556	60,767
Prepaid Expenses	-	894.58	1,320	2,596	3,290	2,800
Other Current Assets	905.61	17.33	91.8	353.73	520.46	237.46
Total Current Assets	9,519	10,003	17,557	45,847	69,431	76,651
Property, Plant & Equipment	20.94	20.08	21.37	26.52	32.98	31.84
Long-Term Investments	1,020	1,049	707	1,552	2,557	5,491
Goodwill	7.86	7.86	7.86	7.86	7.86	7.86
Other Intangible Assets	3.88	4.19	5.64	7.47	9.4	9.56
Long-Term Deferred Tax Assets	87.95	84.7	124.97	249.83	630.97	598.49
Other Long-Term Assets	531.84	543.66	584.99	626.32	667.65	621.91
Total Assets	11,192	11,712	19,009	48,317	73,337	83,412
Accounts Payable	1,532	1,673	2,408	3,084	3,704	4,063
Accrued Expenses	4.88	32.78	52.77	83.16	320.89	284.02
Short-Term Debt	478.87	559.04	660.26	1,883	681.98	1,025
Current Portion of Long-Term Debt	37.12	37.21	401.06	1,425	2,787	4,658
Current Portion of Leases	-	-	-	1.69	3.12	5.19
Current Income Taxes Payable	196.79	171.64	180.19	290.12	438.37	602.64
Current Unearned Revenue	636.45	564.06	4,305	23,783	38,626	33,388
Other Current Liabilities	2,748	2,495	2,808	5,059	8,302	13,099
Total Current Liabilities	5,634	5,533	10,815	35,610	54,863	57,125
Long-Term Debt	930.78	979.35	1,695	3,018	7,629	11,381
Long-Term Leases	-	-	-	-	1.25	3.74
Long-Term Deferred Tax Liabilities	12.02	12.13	13.68	21.78	12.29	21.28
Other Long-Term Liabilities	0.78	58.26	20.25	8.38	43.11	79.58
Total Liabilities	6,578	6,583	12,543	38,658	62,549	68,610
Common Stock	3,184	3,184	3,184	3,184	3,184	3,184
Retained Earnings	3,246	3,275	4,421	7,170	7,832	7,710
Comprehensive Income & Other	-	-1,786	-1,786	-1,786	-1,833	-1,760
Total Common Equity	4,644	4,672	5,818	8,568	9,183	9,134
Minority Interest	-30.4	456.95	647.36	1,092	1,605	5,667
Shareholders' Equity	4,614	5,129	6,466	9,659	10,788	14,801
Total Liabilities & Equity	11,192	11,712	19,009	48,317	73,337	83,412
Total Debt	1,447	1,576	2,756	6,328	11,102	17,073
Net Cash (Debt)	688.71	277.77	-529.28	-1,713	-2,702	-7,247
Net Cash Per Share	0.22	0.09	-0.17	-0.54	-0.85	-2.28
Filing Date Shares Outstanding	3,197	3,184	3,184	3,184	3,184	3,184
Total Common Shares Outstanding	3,197	3,184	3,184	3,184	3,184	3,184
Working Capital	3,884	4,469	6,742	10,237	14,568	19,526
Book Value Per Share	1.45	1.47	1.83	2.69	2.88	2.87
Tangible Book Value	4,632	4,660	5,805	8,553	9,165	9,117
Tangible Book Value Per Share	1.45	1.46	1.82	2.69	2.88	2.86
Buildings	-	39.83	39.83	39.83	39.83	22.33
Machinery	-	22.98	22.19	23.52	26.05	26.83

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