Jiugui Liquor 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	Jan '22 Jan 1, 2022
Cash & Equivalents	657.46	1,251	2,361	3,077	3,343
Cash & Short-Term Investments	657.46	1,251	2,361	3,077	3,343
Cash Growth	-47.43%	-47.03%	-23.27%	-7.96%	55.24%
Accounts Receivable	155.11	144.96	273.42	223.91	499.83
Other Receivables	19.95	11.73	17.18	10.87	7.66
Receivables	175.06	156.69	290.61	234.78	507.49
Inventory	1,899	1,751	1,557	1,417	1,269
Prepaid Expenses	-	8.19	32.77	-	0
Other Current Assets	44.11	25.52	18.32	13.5	20.97
Total Current Assets	2,776	3,192	4,260	4,743	5,141
Property, Plant & Equipment	1,725	1,500	1,104	768.25	559.14
Long-Term Investments	30.21	30.37	30.41	30.54	29.88
Other Intangible Assets	223.98	209.47	209.1	211.35	194.79
Long-Term Deferred Tax Assets	114.88	93.42	15.8	18.65	25.6
Other Long-Term Assets	46.2	54.25	50.62	63.93	60.76
Total Assets	4,916	5,079	5,670	5,836	6,011
Accounts Payable	488.59	332.66	369.97	442.45	297.87
Accrued Expenses	45.06	325.89	493.3	505.15	415.38
Current Portion of Long-Term Debt	0.23	-	-	-	-
Current Portion of Leases	-	0.41	1.96	1.89	1.69
Current Income Taxes Payable	75.4	1.15	25.67	20.47	54.53
Current Unearned Revenue	175.34	245.32	284.8	433.62	1,382
Other Current Liabilities	346.35	162.18	176.61	240.27	307.14
Total Current Liabilities	1,131	1,068	1,352	1,644	2,459
Long-Term Leases	1.14	1.36	1.58	3.54	3.41
Long-Term Unearned Revenue	15.52	12.54	7.06	4.64	5.28
Long-Term Deferred Tax Liabilities	29.95	31.07	29.62	23.94	19.67
Other Long-Term Liabilities	-	-	-	7.47	-
Total Liabilities	1,178	1,113	1,391	1,683	2,487
Common Stock	324.93	324.93	324.93	324.93	324.93
Additional Paid-In Capital	1,161	1,161	1,161	1,161	1,161
Retained Earnings	2,252	2,481	2,793	2,666	2,038
Total Common Equity	3,738	3,967	4,279	4,152	3,524
Shareholders' Equity	3,738	3,967	4,279	4,152	3,524
Total Liabilities & Equity	4,916	5,079	5,670	5,836	6,011
Total Debt	1.36	1.77	3.54	5.44	5.1
Net Cash (Debt)	656.09	1,249	2,358	3,072	3,338
Net Cash Growth	-47.47%	-47.03%	-23.25%	-7.98%	55.01%
Net Cash Per Share	2.02	3.84	7.26	9.45	10.27
Filing Date Shares Outstanding	325.53	324.93	324.93	324.93	324.93
Total Common Shares Outstanding	325.53	324.93	324.93	324.93	324.93
Working Capital	1,645	2,125	2,907	3,099	2,682
Book Value Per Share	11.48	12.21	13.17	12.78	10.85
Tangible Book Value	3,514	3,757	4,070	3,941	3,329
Tangible Book Value Per Share	10.79	11.56	12.53	12.13	10.25
Buildings	-	924.64	666.01	666.79	623.35
Machinery	-	390.71	364.95	325	310.74
Construction In Progress	-	720.6	572.24	245.84	80.6

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