Jiugui Liquor 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	583.28	657.46	1,251	2,361	3,077	3,343
Cash & Short-Term Investments	583.28	657.46	1,251	2,361	3,077	3,343
Cash Growth	-44.64%	-47.43%	-47.03%	-23.27%	-7.96%	55.24%
Accounts Receivable	146.42	155.11	144.96	273.42	223.91	499.83
Other Receivables	18.32	19.95	11.73	17.18	10.87	7.66
Receivables	164.75	175.06	156.69	290.61	234.78	507.49
Inventory	1,926	1,899	1,751	1,557	1,417	1,269
Prepaid Expenses	-	19.88	8.19	32.77	-	0
Other Current Assets	55.49	24.24	25.52	18.32	13.5	20.97
Total Current Assets	2,729	2,776	3,192	4,260	4,743	5,141
Property, Plant & Equipment	1,707	1,725	1,500	1,104	768.25	559.14
Long-Term Investments	30.09	30.21	30.37	30.41	30.54	29.88
Other Intangible Assets	221.31	223.98	209.47	209.1	211.35	194.79
Long-Term Deferred Tax Assets	104.02	114.88	93.42	15.8	18.65	25.6
Other Long-Term Assets	45.73	46.2	54.25	50.62	63.93	60.76
Total Assets	4,837	4,916	5,079	5,670	5,836	6,011
Accounts Payable	472.16	488.59	332.66	369.97	442.45	297.87
Accrued Expenses	32.09	331.35	325.89	493.3	505.15	415.38
Current Portion of Leases	0.24	0.23	0.41	1.96	1.89	1.69
Current Income Taxes Payable	34.81	0.76	1.15	25.67	20.47	54.53
Current Unearned Revenue	141.87	175.91	245.32	284.8	433.62	1,382
Other Current Liabilities	337.74	134.13	162.18	176.61	240.27	307.14
Total Current Liabilities	1,019	1,131	1,068	1,352	1,644	2,459
Long-Term Leases	0.95	1.14	1.36	1.58	3.54	3.41
Long-Term Unearned Revenue	16.68	15.52	12.54	7.06	4.64	5.28
Long-Term Deferred Tax Liabilities	29.38	29.95	31.07	29.62	23.94	19.67
Other Long-Term Liabilities	-	-	-	-	7.47	-
Total Liabilities	1,066	1,178	1,113	1,391	1,683	2,487
Common Stock	324.93	324.93	324.93	324.93	324.93	324.93
Additional Paid-In Capital	1,161	1,161	1,161	1,161	1,161	1,161
Retained Earnings	2,285	2,252	2,481	2,793	2,666	2,038
Total Common Equity	3,771	3,738	3,967	4,279	4,152	3,524
Shareholders' Equity	3,771	3,738	3,967	4,279	4,152	3,524
Total Liabilities & Equity	4,837	4,916	5,079	5,670	5,836	6,011
Total Debt	1.19	1.36	1.77	3.54	5.44	5.1
Net Cash (Debt)	582.09	656.09	1,249	2,358	3,072	3,338
Net Cash Growth	-44.66%	-47.47%	-47.03%	-23.25%	-7.98%	55.01%
Net Cash Per Share	1.79	2.02	3.84	7.26	9.45	10.27
Filing Date Shares Outstanding	324.93	324.93	324.93	324.93	324.93	324.93
Total Common Shares Outstanding	324.93	324.93	324.93	324.93	324.93	324.93
Working Capital	1,710	1,645	2,125	2,907	3,099	2,682
Book Value Per Share	11.61	11.50	12.21	13.17	12.78	10.85
Tangible Book Value	3,550	3,514	3,757	4,070	3,941	3,329
Tangible Book Value Per Share	10.93	10.82	11.56	12.53	12.13	10.25
Buildings	-	1,553	924.64	666.01	666.79	623.35
Machinery	-	540.71	390.71	364.95	325	310.74
Construction In Progress	-	223.86	720.6	572.24	245.84	80.6

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