Xi'an Catering 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	45.48	91.71	61.94	86.09	52.06	276.29
Cash & Short-Term Investments	45.48	91.71	61.94	86.09	52.06	276.29
Cash Growth	-35.93%	48.08%	-28.06%	65.35%	-81.16%	26.65%
Accounts Receivable	51.26	50.29	58.49	61.6	42.26	25.98
Other Receivables	14.91	13.05	12.52	11.48	13.12	33.19
Receivables	66.17	63.34	71.01	73.08	55.37	59.18
Inventory	39.56	47.94	51.06	43.39	34.8	29.96
Prepaid Expenses	-	0	0	0	0	0
Other Current Assets	13.65	13.12	29.21	22.7	34.86	17.79
Total Current Assets	164.86	216.12	213.22	225.26	177.09	383.21
Property, Plant & Equipment	586.18	624.33	678.06	717.05	760.33	594.34
Long-Term Investments	15.42	15.42	15.42	15.42	15.42	15.42
Other Intangible Assets	214.6	220.37	227.75	235.23	238.14	20.27
Long-Term Deferred Tax Assets	7.87	7.87	54.18	70.16	13.56	14.86
Long-Term Deferred Charges	81.48	112.49	150.87	183.71	124.81	61.69
Other Long-Term Assets	192.66	199.84	210.09	219.6	229.89	166.69
Total Assets	1,263	1,396	1,550	1,666	1,559	1,256
Accounts Payable	272.75	285.32	264.22	324.28	249.8	129.19
Accrued Expenses	43.29	74.55	73.01	55.24	47.4	44.24
Short-Term Debt	423	428.46	402.1	330.41	352.23	260.32
Current Portion of Long-Term Debt	67.64	14	2.05	-	50.06	-
Current Portion of Leases	-	65.24	64.13	72.1	-	-
Current Income Taxes Payable	4.45	-	0.03	0.01	0.01	3.54
Current Unearned Revenue	19.84	22.29	19.73	16.96	16.34	16.7
Other Current Liabilities	59.08	39.72	39.65	58.16	121.57	98.67
Total Current Liabilities	890.05	929.59	864.92	857.15	837.41	552.67
Long-Term Debt	38.54	36.35	41.68	3.68	3.68	53.75
Long-Term Leases	104.91	114.86	153.61	188.77	237.14	-
Long-Term Unearned Revenue	5.63	5.51	4.34	4.14	3.45	2.92
Pension & Post-Retirement Benefits	1.45	-	-	2.2	-	-
Long-Term Deferred Tax Liabilities	0.43	0.43	45.52	55.92	0.47	0.49
Other Long-Term Liabilities	1.79	3.24	12.3	10.59	14.2	17.09
Total Liabilities	1,043	1,090	1,122	1,122	1,096	626.91
Common Stock	573.91	573.91	573.91	573.91	499.06	499.06
Additional Paid-In Capital	293.23	293.23	284.43	284.43	58.4	58.4
Retained Earnings	-649.47	-564.75	-436.74	-318.82	-98.77	69.92
Total Common Equity	217.68	302.4	421.61	539.52	458.69	627.38
Minority Interest	2.56	4.03	5.59	4.43	4.2	2.19
Shareholders' Equity	220.24	306.44	427.2	543.96	462.89	629.57
Total Liabilities & Equity	1,263	1,396	1,550	1,666	1,559	1,256
Total Debt	634.09	658.91	663.58	594.96	643.11	314.07
Net Cash (Debt)	-588.61	-567.19	-601.64	-508.87	-591.05	-37.78
Net Cash Per Share	-1.03	-0.99	-1.05	-0.90	-1.18	-0.08
Filing Date Shares Outstanding	573.91	573.91	573.91	573.91	499.06	499.06
Total Common Shares Outstanding	573.91	573.91	573.91	573.91	499.06	499.06
Working Capital	-725.2	-713.47	-651.7	-631.89	-660.31	-169.45
Book Value Per Share	0.38	0.53	0.73	0.94	0.92	1.26
Tangible Book Value	3.08	82.04	193.86	304.29	220.55	607.11
Tangible Book Value Per Share	0.01	0.14	0.34	0.53	0.44	1.22
Buildings	-	520.44	343.81	315.24	322.81	358.57
Machinery	-	155.3	167.28	160.86	139	125
Construction In Progress	-	-	166.21	177.8	169.63	306.53

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