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 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	46.52	40.73	91.71	61.94	86.09	52.06
Cash & Short-Term Investments	46.52	40.73	91.71	61.94	86.09	52.06
Cash Growth	-36.27%	-55.59%	48.08%	-28.06%	65.35%	-81.16%
Accounts Receivable	54.1	44.9	50.29	58.49	61.6	42.26
Other Receivables	10.59	11.26	13.05	12.52	11.48	13.12
Receivables	64.69	56.16	63.34	71.01	73.08	55.37
Inventory	36.72	38.25	47.94	51.06	43.39	34.8
Prepaid Expenses	-	-	0	0	0	0
Other Current Assets	7.24	11.51	13.12	29.21	22.7	34.86
Total Current Assets	155.17	146.65	216.12	213.22	225.26	177.09
Property, Plant & Equipment	526.32	545.91	624.33	678.06	717.05	760.33
Long-Term Investments	15.42	15.42	15.42	15.42	15.42	15.42
Other Intangible Assets	210.5	212.87	220.37	227.75	235.23	238.14
Long-Term Deferred Tax Assets	1.46	1.46	7.87	54.18	70.16	13.56
Long-Term Deferred Charges	56.25	63.02	112.49	150.87	183.71	124.81
Other Long-Term Assets	210.69	213.23	199.84	210.09	219.6	229.89
Total Assets	1,176	1,199	1,396	1,550	1,666	1,559
Accounts Payable	315.5	289.84	285.32	264.22	324.28	249.8
Accrued Expenses	43.8	69.48	74.55	73.01	55.24	47.4
Short-Term Debt	340.35	418.79	428.46	402.1	330.41	352.23
Current Portion of Long-Term Debt	43.12	9.37	14	2.05	-	50.06
Current Portion of Leases	-	32	65.24	64.13	72.1	-
Current Income Taxes Payable	4.88	-	-	0.03	0.01	0.01
Current Unearned Revenue	19.15	18.21	19.17	19.73	16.96	16.34
Other Current Liabilities	85.74	65.4	42.84	39.65	58.16	121.57
Total Current Liabilities	852.54	903.08	929.59	864.92	857.15	837.41
Long-Term Debt	105.87	33.87	36.35	41.68	3.68	3.68
Long-Term Leases	74.84	89.17	114.86	153.61	188.77	237.14
Long-Term Unearned Revenue	5.2	5.55	5.51	4.34	4.14	3.45
Pension & Post-Retirement Benefits	1.26	1.26	1.45	-	2.2	-
Long-Term Deferred Tax Liabilities	0.39	0.39	0.43	45.52	55.92	0.47
Other Long-Term Liabilities	1.79	1.79	1.79	12.3	10.59	14.2
Total Liabilities	1,042	1,035	1,090	1,122	1,122	1,096
Common Stock	573.91	573.91	573.91	573.91	573.91	499.06
Additional Paid-In Capital	293.23	293.23	293.23	284.43	284.43	58.4
Retained Earnings	-740.29	-711.03	-564.75	-436.74	-318.82	-98.77
Total Common Equity	126.86	156.12	302.4	421.61	539.52	458.69
Minority Interest	7.04	7.3	4.03	5.59	4.43	4.2
Shareholders' Equity	133.91	163.42	306.44	427.2	543.96	462.89
Total Liabilities & Equity	1,176	1,199	1,396	1,550	1,666	1,559
Total Debt	564.18	583.2	658.91	663.58	594.96	643.11
Net Cash (Debt)	-517.66	-542.47	-567.19	-601.64	-508.87	-591.05
Net Cash Per Share	-0.90	-0.95	-0.99	-1.05	-0.90	-1.18
Filing Date Shares Outstanding	573.91	573.91	573.91	573.91	573.91	499.06
Total Common Shares Outstanding	573.91	573.91	573.91	573.91	573.91	499.06
Working Capital	-697.38	-756.44	-713.47	-651.7	-631.89	-660.31
Book Value Per Share	0.22	0.27	0.53	0.73	0.94	0.92
Tangible Book Value	-83.64	-56.75	82.04	193.86	304.29	220.55
Tangible Book Value Per Share	-0.15	-0.10	0.14	0.34	0.53	0.44
Buildings	-	495.2	520.44	343.81	315.24	322.81
Machinery	-	147.88	155.3	167.28	160.86	139
Construction In Progress	-	-	-	166.21	177.8	169.63