Rongfeng Holding Group Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	239.58	53.8	47.59	13.61	480.76
Trading Asset Securities	19.33	19.33	19.33	19.33	-
Cash & Short-Term Investments	258.91	73.12	66.92	32.94	480.76
Cash Growth	254.08%	9.27%	103.18%	-93.15%	622.36%
Accounts Receivable	4.16	5.08	16.58	9.46	900.45
Other Receivables	8.03	6.69	68.38	208.59	190.07
Receivables	12.2	11.76	84.96	218.05	1,091
Inventory	444.34	581.59	940.82	1,154	1,549
Prepaid Expenses	-	-	-	-	2.02
Other Current Assets	1.64	2.83	2.35	3.76	76.75
Total Current Assets	717.09	669.3	1,095	1,409	3,199
Property, Plant & Equipment	1.63	2.77	1.84	3.08	23.68
Long-Term Investments	-	-	-	279.01	-
Other Intangible Assets	0.07	0.08	-	-	1.69
Long-Term Deferred Tax Assets	20.07	43.23	43.41	45.49	82.66
Long-Term Deferred Charges	-	-	-	-	2.85
Other Long-Term Assets	529.77	662.27	711.16	591.43	536.5
Total Assets	1,269	1,378	1,851	2,328	3,846
Accounts Payable	104.93	133.16	186.16	223.25	747.68
Accrued Expenses	7.21	116.43	155.75	151.41	152.35
Short-Term Debt	5.01	17.66	179.24	375.49	577.98
Current Portion of Long-Term Debt	32.37	6.86	-	-	1
Current Portion of Leases	-	1.52	0.27	1.02	4.98
Current Income Taxes Payable	158.64	81.09	86.73	102.42	139.77
Current Unearned Revenue	1.61	11.43	-	0.04	95.22
Other Current Liabilities	95.19	95.55	141.52	160.73	247.29
Total Current Liabilities	404.96	463.7	749.68	1,014	1,966
Long-Term Debt	94.65	170.46	-	-	8.01
Long-Term Leases	0.23	-	0.12	0.32	12.55
Long-Term Deferred Tax Liabilities	0.17	0.13	0.13	-	-
Total Liabilities	500.01	634.29	749.93	1,015	1,987
Common Stock	146.84	146.84	146.84	146.84	146.84
Additional Paid-In Capital	89.89	89.89	89.89	156.95	80.47
Retained Earnings	523.19	497.04	864.82	914.45	952.38
Total Common Equity	759.92	733.77	1,102	1,218	1,180
Minority Interest	8.7	9.58	-	94.81	679.99
Shareholders' Equity	768.62	743.35	1,102	1,313	1,860
Total Liabilities & Equity	1,269	1,378	1,851	2,328	3,846
Total Debt	132.25	196.51	179.63	376.84	604.51
Net Cash (Debt)	126.66	-123.38	-112.71	-343.9	-123.75
Net Cash Per Share	0.87	-0.84	-0.77	-2.36	-0.80
Filing Date Shares Outstanding	148.35	146.84	146.84	146.84	146.84
Total Common Shares Outstanding	148.35	146.84	146.84	146.84	146.84
Working Capital	312.13	205.6	345.37	394.37	1,233
Book Value Per Share	5.12	5.00	7.50	8.30	8.03
Tangible Book Value	759.85	733.69	1,102	1,218	1,178
Tangible Book Value Per Share	5.12	5.00	7.50	8.30	8.02
Buildings	-	3.66	3.66	3.66	3.66
Machinery	-	3.18	3.18	3.18	9.48

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.