Xi'an Tourism 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	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2020
Cash & Equivalents	133.96	165.67	179.31	283.85	466.1	313.58	Upgrade
Short-Term Investments	-	-	-	-	88.51	150.45	Upgrade
Cash & Short-Term Investments	133.96	165.67	179.31	283.85	554.61	464.03	Upgrade
Cash Growth	-28.68%	-7.61%	-36.83%	-48.82%	19.52%	-1.01%	Upgrade
Accounts Receivable	58.15	66.19	90.75	83.16	28.01	19.31	Upgrade
Other Receivables	59.49	21.18	24.58	31.2	1.46	7.32	Upgrade
Receivables	117.64	87.37	115.33	114.36	29.47	26.63	Upgrade
Inventory	364.41	339.64	341.64	280.44	247.52	81.66	Upgrade
Prepaid Expenses	0.97	-	-	-	1.43	-	Upgrade
Other Current Assets	47.5	85.51	102.4	112.26	137.27	46.2	Upgrade
Total Current Assets	664.47	678.2	738.68	790.92	970.3	618.53	Upgrade
Property, Plant & Equipment	882.35	916.77	954.88	804.5	827.71	404.94	Upgrade
Long-Term Investments	62.26	62.4	97.44	110.53	125.85	153.84	Upgrade
Goodwill	6.27	6.27	6.61	7.71	7.71	-	Upgrade
Other Intangible Assets	55.61	57.78	71.23	76.3	66.06	54.77	Upgrade
Long-Term Deferred Tax Assets	97.97	97.97	130.36	86.52	23.17	17.57	Upgrade
Long-Term Deferred Charges	118.19	127.32	118.21	75.84	53.88	11.58	Upgrade
Other Long-Term Assets	113.79	115.38	128.42	148.1	141.47	64.48	Upgrade
Total Assets	2,001	2,062	2,246	2,100	2,216	1,326	Upgrade
Accounts Payable	219.17	198.11	182.58	160.12	191.49	20.69	Upgrade
Accrued Expenses	37.57	39.27	41.92	39.85	38.57	43.2	Upgrade
Short-Term Debt	637.23	610.73	547.54	485.55	490.49	248.72	Upgrade
Current Portion of Long-Term Debt	27.9	16.23	9.26	-	-	-	Upgrade
Current Portion of Leases	37.37	41.51	41.77	38.1	34.97	-	Upgrade
Current Income Taxes Payable	0.04	0.06	0.02	0.05	0.22	6.41	Upgrade
Current Unearned Revenue	75.23	92.53	95.28	73.06	52.6	12.11	Upgrade
Other Current Liabilities	90.49	94.13	77.86	97.04	97.38	91.6	Upgrade
Total Current Liabilities	1,125	1,093	996.22	893.76	905.74	422.73	Upgrade
Long-Term Debt	226.9	246.5	191	200.26	200.26	-	Upgrade
Long-Term Leases	371.21	382.73	440.51	263.94	261.79	-	Upgrade
Long-Term Unearned Revenue	6.11	6.11	4.54	4.57	4.6	1.6	Upgrade
Long-Term Deferred Tax Liabilities	103.02	103.18	120.45	76.62	7.3	-	Upgrade
Other Long-Term Liabilities	15.41	16.09	15.61	14.66	12.91	8.1	Upgrade
Total Liabilities	1,848	1,847	1,768	1,454	1,393	432.43	Upgrade
Common Stock	236.75	236.75	236.75	236.75	236.75	236.75	Upgrade
Additional Paid-In Capital	398.21	398.21	398.21	398.21	398.21	394.71	Upgrade
Retained Earnings	-454.26	-398.27	-137.94	15.99	183.36	260.04	Upgrade
Total Common Equity	180.69	236.68	497.02	650.95	818.31	891.5	Upgrade
Minority Interest	-27.44	-21.79	-19.53	-4.36	5.25	1.79	Upgrade
Shareholders' Equity	153.25	214.9	477.49	646.59	823.56	893.29	Upgrade
Total Liabilities & Equity	2,001	2,062	2,246	2,100	2,216	1,326	Upgrade
Total Debt	1,301	1,298	1,230	987.85	987.52	248.72	Upgrade
Net Cash (Debt)	-1,167	-1,132	-1,051	-704	-432.91	215.32	Upgrade
Net Cash Growth	-	-	-	-	-	-9.70%	Upgrade
Net Cash Per Share	-4.93	-4.78	-4.44	-2.97	-1.83	0.91	Upgrade
Filing Date Shares Outstanding	236.75	236.75	236.75	236.75	236.75	236.75	Upgrade
Total Common Shares Outstanding	236.75	236.75	236.75	236.75	236.75	236.75	Upgrade
Working Capital	-460.53	-414.38	-257.54	-102.85	64.57	195.8	Upgrade
Book Value Per Share	0.76	1.00	2.10	2.75	3.46	3.77	Upgrade
Tangible Book Value	118.81	172.64	419.18	566.94	744.54	836.73	Upgrade
Tangible Book Value Per Share	0.50	0.73	1.77	2.39	3.14	3.53	Upgrade
Buildings	546.4	546.4	546.4	544.88	547.89	224.05	Upgrade
Machinery	52.74	52.55	50.05	39.56	35.68	51.6	Upgrade
Construction In Progress	61.6	61.6	9.33	1.6	-	240.91	Upgrade

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