Changhong Meiling 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	9,186	10,492	8,843	6,839	5,939	6,595
Short-Term Investments	-	361.71	122.29	220.73	-	-
Trading Asset Securities	1,775	-	39.24	57.66	18	47.24
Cash & Short-Term Investments	10,961	10,854	9,004	7,118	5,957	6,642
Cash Growth	8.58%	20.55%	26.50%	19.49%	-10.32%	20.60%
Accounts Receivable	3,625	3,048	3,336	2,757	3,251	3,103
Other Receivables	60.35	135.39	100.16	88.35	111.65	145.71
Receivables	3,685	3,183	3,436	2,845	3,363	3,249
Inventory	1,924	3,515	2,023	1,710	1,356	1,715
Prepaid Expenses	-	0.69	0.51	1.27	0.04	-
Other Current Assets	1,291	392.23	270.7	114.62	153.97	228.46
Total Current Assets	17,861	17,945	14,734	11,789	10,830	11,835
Property, Plant & Equipment	2,509	2,398	2,365	2,300	2,371	2,377
Long-Term Investments	2,267	2,232	1,207	850.48	668.61	625.13
Other Intangible Assets	1,028	994.43	930.14	900.57	953.4	936.85
Long-Term Deferred Tax Assets	137.99	176.95	159.84	161.57	147.49	127.19
Long-Term Deferred Charges	171.18	108.05	132.88	117.05	87.73	73.03
Other Long-Term Assets	83.93	118.64	109.82	86.08	132.11	129.76
Total Assets	24,059	23,973	19,639	16,205	15,190	16,103
Accounts Payable	13,962	14,066	9,811	7,882	7,139	7,292
Accrued Expenses	369.04	965.31	907.72	788.46	771.08	757.13
Short-Term Debt	1,000	766.75	1,134	674.14	622.87	1,336
Current Portion of Long-Term Debt	56.18	9.84	40.17	20.21	320.52	-
Current Portion of Leases	-	19.29	6.48	10.08	12.2	-
Current Income Taxes Payable	120.12	37.3	22.44	1.82	3.67	9.94
Current Unearned Revenue	397.67	609.74	405.73	358.76	515	522.55
Other Current Liabilities	1,133	694.85	546.54	530.94	402.3	772.97
Total Current Liabilities	17,039	17,169	12,874	10,267	9,787	10,690
Long-Term Debt	43.65	-	108	148	168	188.23
Long-Term Leases	131.84	101.83	28.98	28.16	33.23	0.18
Long-Term Unearned Revenue	137.77	125.44	132.98	161.01	175.66	177.38
Long-Term Deferred Tax Liabilities	45.28	44.07	19.59	17.51	9.67	10.58
Other Long-Term Liabilities	47.17	55.68	44.35	44.62	22.53	74.49
Total Liabilities	17,445	17,496	13,208	10,666	10,196	11,141
Common Stock	1,030	1,030	1,030	1,030	1,045	1,045
Additional Paid-In Capital	-	2,702	3,077	2,758	2,635	2,684
Retained Earnings	2,454	2,306	1,915	1,350	1,157	1,157
Treasury Stock	-35.11	-	-	-	-26.43	-9.93
Comprehensive Income & Other	2,763	47.79	38.59	29.63	27.14	-21.45
Total Common Equity	6,212	6,086	6,061	5,168	4,837	4,854
Minority Interest	402.34	390.56	369.25	370.74	157.46	107.92
Shareholders' Equity	6,614	6,476	6,431	5,539	4,995	4,962
Total Liabilities & Equity	24,059	23,973	19,639	16,205	15,190	16,103
Total Debt	1,232	897.71	1,318	880.6	1,157	1,525
Net Cash (Debt)	9,729	9,956	7,686	6,237	4,800	5,117
Net Cash Growth	10.08%	29.53%	23.23%	29.94%	-6.20%	27.92%
Net Cash Per Share	9.45	9.67	7.46	6.03	4.60	4.90
Filing Date Shares Outstanding	1,030	1,030	1,030	1,030	1,030	1,045
Total Common Shares Outstanding	1,030	1,030	1,030	1,030	1,030	1,045
Working Capital	821.96	775.95	1,860	1,522	1,043	1,144
Book Value Per Share	6.03	5.91	5.89	5.02	4.70	4.65
Tangible Book Value	5,183	5,091	5,131	4,268	3,884	3,917
Tangible Book Value Per Share	5.03	4.94	4.98	4.14	3.77	3.75
Buildings	-	1,813	1,987	1,712	1,689	1,662
Machinery	-	2,337	2,218	2,141	2,022	1,964
Construction In Progress	-	97.81	69.92	66.52	98.47	60.78

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.