Beijing Yanjing Brewery 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	Dec '21 Dec 31, 2021
Cash & Equivalents	-	7,454	7,212	6,110	5,078
Trading Asset Securities	-	20.21	-	-	20.18
Cash & Short-Term Investments	9,157	7,474	7,212	6,110	5,098
Cash Growth	22.51%	3.64%	18.03%	19.85%	32.24%
Accounts Receivable	-	230.33	207.55	194.08	192.35
Other Receivables	-	10.49	32.4	4.51	5.99
Receivables	-	240.82	239.96	198.59	198.34
Inventory	-	3,946	3,864	4,141	3,911
Prepaid Expenses	-	0.01	5.78	5.15	5.17
Other Current Assets	-	243.89	233.75	351.15	205.03
Total Current Assets	-	11,905	11,555	10,806	9,418
Property, Plant & Equipment	-	7,782	7,769	8,132	8,529
Long-Term Investments	-	1,897	576	573.48	310.57
Goodwill	-	81.01	81.01	81.01	123.38
Other Intangible Assets	-	1,017	1,002	894.18	877.97
Long-Term Deferred Tax Assets	-	85.78	75.27	36.88	25.82
Long-Term Deferred Charges	-	3.44	1.66	2.29	1.43
Other Long-Term Assets	-	375.78	170.67	171.8	134.02
Total Assets	-	23,147	21,231	20,698	19,420
Accounts Payable	-	1,384	1,239	1,658	1,394
Accrued Expenses	-	276.68	209.24	340.73	192.01
Short-Term Debt	-	682.41	540.12	300	-
Current Portion of Leases	-	17.69	1.14	21.25	21.21
Current Income Taxes Payable	-	39.72	71.15	38.05	45.04
Current Unearned Revenue	-	1,620	1,384	1,218	1,176
Other Current Liabilities	-	3,107	2,818	2,656	2,548
Total Current Liabilities	-	7,127	6,263	6,232	5,376
Long-Term Leases	-	21.64	3.19	4.16	20.29
Long-Term Unearned Revenue	-	116.13	35.11	40.15	45.94
Long-Term Deferred Tax Liabilities	-	7.87	2.48	5.35	4.41
Other Long-Term Liabilities	-	150.11	150.25	150.38	0.73
Total Liabilities	-	7,423	6,454	6,432	5,448
Common Stock	-	2,819	2,819	2,819	2,819
Additional Paid-In Capital	-	4,374	4,374	4,374	4,597
Retained Earnings	-	7,491	6,717	6,298	6,070
Comprehensive Income & Other	-	-65	-65	-65	-76.54
Total Common Equity	15,854	14,619	13,845	13,426	13,409
Minority Interest	-	1,105	931.94	840.18	563.51
Shareholders' Equity	17,080	15,724	14,777	14,266	13,972
Total Liabilities & Equity	-	23,147	21,231	20,698	19,420
Total Debt	173.94	721.73	544.45	325.41	41.5
Net Cash (Debt)	8,983	6,753	6,667	5,785	5,057
Net Cash Growth	33.02%	1.28%	15.25%	14.40%	31.16%
Net Cash Per Share	3.19	2.40	2.37	2.05	1.80
Filing Date Shares Outstanding	2,819	2,819	2,819	2,819	2,819
Total Common Shares Outstanding	2,819	2,819	2,819	2,819	2,819
Working Capital	-	4,778	5,292	4,574	4,042
Book Value Per Share	5.62	5.19	4.91	4.76	4.76
Tangible Book Value	14,796	13,521	12,762	12,451	12,408
Tangible Book Value Per Share	5.25	4.80	4.53	4.42	4.40
Buildings	-	8,950	8,856	8,813	8,856
Machinery	-	11,560	12,391	12,388	12,475
Construction In Progress	-	348.3	101.25	58.01	43.23

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