Jiuzhitang 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	406.21	592.88	672.71	1,089	808.08
Trading Asset Securities	505.41	300	231.2	-	-
Cash & Short-Term Investments	911.61	892.88	903.92	1,089	808.08
Cash Growth	2.10%	-1.22%	-17.02%	34.81%	-26.28%
Accounts Receivable	858.17	823.55	979.07	920.96	1,096
Other Receivables	4.29	2.89	41.56	47.06	9.46
Receivables	862.47	826.45	1,021	968.01	1,106
Inventory	949.96	1,062	961.92	749.17	809.99
Other Current Assets	88.79	79.24	32.88	34.82	38.52
Total Current Assets	2,813	2,860	2,919	2,841	2,762
Property, Plant & Equipment	1,292	1,271	1,169	1,234	1,301
Long-Term Investments	452.68	428.09	651.52	609.66	522.34
Goodwill	340.58	201.71	135.27	135.27	141.03
Other Intangible Assets	353.33	273.73	268.59	284.34	318.12
Long-Term Deferred Tax Assets	136.54	125.94	122.99	112.09	97.53
Long-Term Deferred Charges	12.04	8.95	8.32	7.77	30.51
Other Long-Term Assets	35.93	41.25	54.88	59.58	92.94
Total Assets	5,436	5,211	5,330	5,284	5,266
Accounts Payable	128.4	59.12	93.76	145.67	191.48
Accrued Expenses	652.99	771.5	840.81	712.2	681.31
Short-Term Debt	55.57	43.86	114.85	63.96	-
Current Portion of Leases	6.78	1.51	6.01	13.46	47.09
Current Income Taxes Payable	20.97	6.61	19.18	26.84	38.48
Current Unearned Revenue	129.9	53.12	41.33	78.37	83.97
Other Current Liabilities	189.08	203.84	172.99	164.69	123.52
Total Current Liabilities	1,184	1,140	1,289	1,205	1,166
Long-Term Debt	12.32	-	-	-	-
Long-Term Leases	9.22	7.64	8.99	9.17	58.96
Long-Term Unearned Revenue	31.6	33.91	40.31	40.03	48.3
Long-Term Deferred Tax Liabilities	59.41	46.28	41.49	43.57	16.03
Other Long-Term Liabilities	26.13	36.12	2.75	6.19	6.17
Total Liabilities	1,322	1,264	1,382	1,304	1,295
Common Stock	855.94	855.94	855.94	855.94	869.35
Additional Paid-In Capital	1,548	1,548	1,549	-	1,684
Retained Earnings	1,394	1,425	1,547	1,592	1,578
Treasury Stock	-76.21	-76.21	-	-	-162.47
Comprehensive Income & Other	-	-	-	1,535	0.3
Total Common Equity	3,722	3,753	3,952	3,983	3,969
Minority Interest	391.83	194.72	-4.96	-3.56	1.05
Shareholders' Equity	4,114	3,948	3,947	3,980	3,970
Total Liabilities & Equity	5,436	5,211	5,330	5,284	5,266
Total Debt	83.89	53.01	129.85	86.6	106.04
Net Cash (Debt)	827.72	839.87	774.06	1,003	702.04
Net Cash Growth	-1.45%	8.50%	-22.81%	42.83%	-29.39%
Net Cash Per Share	0.98	0.99	0.90	1.17	0.82
Filing Date Shares Outstanding	846.28	846.28	855.94	855.94	855.94
Total Common Shares Outstanding	846.28	846.28	855.94	855.94	855.94
Working Capital	1,629	1,721	1,630	1,636	1,597
Book Value Per Share	4.40	4.43	4.62	4.65	4.64
Tangible Book Value	3,028	3,278	3,548	3,564	3,510
Tangible Book Value Per Share	3.58	3.87	4.15	4.16	4.10
Buildings	1,542	1,496	1,305	1,299	1,083
Machinery	905.13	844.82	742.33	728.03	695.54
Construction In Progress	3.42	0.21	11.55	0.15	143.1

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.