Jinhong Holding Group 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	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	90.64	82.95	38.43	59.41	101.86	174.73
Cash & Short-Term Investments	90.64	82.95	38.43	59.41	101.86	174.73
Cash Growth	92.45%	115.84%	-35.32%	-41.68%	-41.70%	-47.96%
Accounts Receivable	27.85	25.69	23.86	34.47	63.38	102.6
Other Receivables	61.16	56.04	281.35	402.21	583.76	945.29
Receivables	89.01	81.73	305.21	436.68	647.14	1,048
Inventory	15.76	15.59	15.51	16.18	28.78	44.99
Other Current Assets	19.91	21.92	27.49	25.05	35.72	52.08
Total Current Assets	215.33	202.19	386.63	537.31	813.51	1,320
Property, Plant & Equipment	1,655	1,714	1,795	1,848	1,919	2,175
Long-Term Investments	114.38	109.74	125.69	122.89	96.94	89.75
Goodwill	28.69	28.69	41.63	42.35	42.49	95.19
Other Intangible Assets	271.81	278.16	286.61	294.28	321.07	334.25
Long-Term Deferred Tax Assets	106.36	106.24	62.53	39.67	46.52	27.73
Long-Term Deferred Charges	2.51	2.56	0.37	1.4	3.5	9.77
Other Long-Term Assets	7.56	8.89	9.54	10.19	10.84	11.5
Total Assets	2,402	2,450	2,708	2,896	3,254	4,063
Accounts Payable	193.14	189.36	182.53	167.04	129.6	175.55
Accrued Expenses	123.25	131.34	129.09	121.55	137.6	169.58
Short-Term Debt	570.48	564.29	620.78	834.35	832.31	891.38
Current Portion of Long-Term Debt	356.26	349.57	389.47	150.35	213.51	316.77
Current Portion of Leases	-	0.52	0.34	-	-	-
Current Income Taxes Payable	64.36	58.27	66.5	50.16	62.19	152.32
Current Unearned Revenue	102.58	127.62	123.08	96.28	65.93	90.9
Other Current Liabilities	165.33	136.17	112.3	108.17	202.15	142.79
Total Current Liabilities	1,575	1,557	1,624	1,528	1,643	1,939
Long-Term Debt	261.51	261.12	239.81	358.33	378.35	588.3
Long-Term Leases	4.26	4.66	3.32	-	-	-
Long-Term Unearned Revenue	8.32	11.55	13.51	12.97	15.16	17.31
Long-Term Deferred Tax Liabilities	4.4	4.47	4.75	6.31	7.88	9.44
Other Long-Term Liabilities	467.69	465.67	455.89	388.27	389.53	45
Total Liabilities	2,322	2,305	2,341	2,294	2,434	2,599
Common Stock	680.41	680.41	680.41	680.41	680.41	680.41
Additional Paid-In Capital	1,618	1,614	1,614	1,618	1,617	1,619
Retained Earnings	-2,312	-2,268	-2,056	-1,833	-1,700	-1,040
Treasury Stock	-0	-0	-0	-0	-0	-2.17
Comprehensive Income & Other	2.37	10.19	20.8	0.73	17.62	16.7
Total Common Equity	-11.1	37.05	259.76	466.42	615.15	1,274
Minority Interest	91.22	108.48	106.55	135.66	204.22	190.05
Shareholders' Equity	80.11	145.53	366.3	602.08	819.37	1,464
Total Liabilities & Equity	2,402	2,450	2,708	2,896	3,254	4,063
Total Debt	1,193	1,180	1,254	1,343	1,424	1,796
Net Cash (Debt)	-1,102	-1,097	-1,215	-1,284	-1,322	-1,622
Net Cash Per Share	-1.61	-1.60	-1.80	-1.93	-1.94	-1.96
Filing Date Shares Outstanding	680.41	680.41	680.41	680.41	680.41	680.41
Total Common Shares Outstanding	680.41	680.41	680.41	680.41	680.41	680.41
Working Capital	-1,360	-1,355	-1,237	-990.59	-829.78	-619.61
Book Value Per Share	-0.02	0.05	0.38	0.69	0.90	1.87
Tangible Book Value	-311.6	-269.8	-68.48	129.79	251.6	844.4
Tangible Book Value Per Share	-0.46	-0.40	-0.10	0.19	0.37	1.24
Buildings	-	348.44	344.31	349.04	386.24	414.7
Machinery	-	85.05	89.6	96.84	137.76	160.46
Construction In Progress	-	101.02	75.59	71.17	96.06	66.42

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