Rongfeng Holding Group 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	190.86	239.58	53.8	47.59	13.61	480.76
Trading Asset Securities	19.33	19.33	19.33	19.33	19.33	-
Cash & Short-Term Investments	210.19	258.91	73.12	66.92	32.94	480.76
Cash Growth	197.84%	254.08%	9.27%	103.18%	-93.15%	622.36%
Accounts Receivable	15.94	4.16	5.08	16.58	9.46	900.45
Other Receivables	7.43	8.03	6.69	68.38	208.59	190.07
Receivables	23.37	12.2	11.76	84.96	218.05	1,091
Inventory	427.46	444.34	581.59	940.82	1,154	1,549
Prepaid Expenses	-	-	-	-	-	2.02
Other Current Assets	3.64	1.64	2.83	2.35	3.76	76.75
Total Current Assets	664.66	717.09	669.3	1,095	1,409	3,199
Property, Plant & Equipment	1.59	1.63	2.77	1.84	3.08	23.68
Long-Term Investments	-	-	-	-	279.01	-
Other Intangible Assets	0.07	0.07	0.08	-	-	1.69
Long-Term Deferred Tax Assets	20.07	20.07	43.23	43.41	45.49	82.66
Long-Term Deferred Charges	0.13	-	-	-	-	2.85
Other Long-Term Assets	520.37	529.77	662.27	711.16	591.43	536.5
Total Assets	1,207	1,269	1,378	1,851	2,328	3,846
Accounts Payable	86.91	104.93	133.16	186.16	223.25	747.68
Accrued Expenses	5.5	99.58	116.43	155.75	151.41	152.35
Short-Term Debt	0.49	5.43	17.66	179.24	375.49	577.98
Current Portion of Long-Term Debt	44.52	32.26	6.86	-	-	1
Current Portion of Leases	-	0.11	1.52	0.27	1.02	4.98
Current Income Taxes Payable	140.78	66.18	81.09	86.73	102.42	139.77
Current Unearned Revenue	37.25	37.59	55.1	-	0.04	95.22
Other Current Liabilities	51.64	58.88	51.88	141.52	160.73	247.29
Total Current Liabilities	367.1	404.96	463.7	749.68	1,014	1,966
Long-Term Debt	83.15	94.65	170.46	-	-	8.01
Long-Term Leases	0.23	0.23	-	0.12	0.32	12.55
Long-Term Deferred Tax Liabilities	0.17	0.17	0.13	0.13	-	-
Total Liabilities	450.66	500.01	634.29	749.93	1,015	1,987
Common Stock	146.84	146.84	146.84	146.84	146.84	146.84
Additional Paid-In Capital	89.89	89.89	89.89	89.89	156.95	80.47
Retained Earnings	510.51	523.19	497.04	864.82	914.45	952.38
Total Common Equity	747.24	759.92	733.77	1,102	1,218	1,180
Minority Interest	8.99	8.7	9.58	-	94.81	679.99
Shareholders' Equity	756.23	768.62	743.35	1,102	1,313	1,860
Total Liabilities & Equity	1,207	1,269	1,378	1,851	2,328	3,846
Total Debt	128.4	132.68	196.51	179.63	376.84	604.51
Net Cash (Debt)	81.79	126.23	-123.38	-112.71	-343.9	-123.75
Net Cash Per Share	0.57	0.87	-0.84	-0.77	-2.36	-0.80
Filing Date Shares Outstanding	146.84	146.84	146.84	146.84	146.84	146.84
Total Common Shares Outstanding	146.84	146.84	146.84	146.84	146.84	146.84
Working Capital	297.55	312.13	205.6	345.37	394.37	1,233
Book Value Per Share	5.09	5.18	5.00	7.50	8.30	8.03
Tangible Book Value	747.17	759.85	733.69	1,102	1,218	1,178
Tangible Book Value Per Share	5.09	5.17	5.00	7.50	8.30	8.02
Buildings	-	3.66	3.66	3.66	3.66	3.66
Machinery	-	3.18	3.18	3.18	3.18	9.48