Yunnan Tourism Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	113.99	185.4	638.02	1,282	899.72	1,318
Cash & Short-Term Investments	113.99	185.4	638.02	1,282	899.72	1,318
Cash Growth	-60.56%	-70.94%	-50.25%	42.53%	-31.72%	6.30%
Accounts Receivable	282.66	328.9	280.79	362.49	659.66	637.73
Other Receivables	23.37	14.02	107.19	120.78	39.73	798.98
Receivables	306.02	342.92	387.97	483.27	699.4	1,437
Inventory	40.76	36.72	63.68	130.86	136.77	25.41
Prepaid Expenses	-	0.03	0.07	0.02	0.28	2.61
Other Current Assets	78.27	69.79	86.51	97.87	101.11	119.29
Total Current Assets	539.05	634.87	1,176	1,994	1,837	2,902
Property, Plant & Equipment	1,479	1,465	1,570	1,600	1,593	1,486
Long-Term Investments	720.29	691.86	747.82	854.9	581.98	280.82
Other Intangible Assets	296.54	308.38	320.49	338.06	374.06	420.95
Long-Term Accounts Receivable	-	-	-	-	4.89	-
Long-Term Deferred Tax Assets	89.5	89.96	91.06	92.95	59.46	34.94
Long-Term Deferred Charges	21.83	25.68	55.58	83.97	82.75	104.06
Other Long-Term Assets	42.89	42.84	42.84	44.01	79.38	70.8
Total Assets	3,189	3,258	4,004	5,008	4,791	5,676
Accounts Payable	462.35	438.89	505.58	473.24	395.24	312.21
Accrued Expenses	38.92	48.86	103.66	155.88	105.05	150.24
Short-Term Debt	-	39.98	5.01	415.61	418.6	827.29
Current Portion of Long-Term Debt	21.79	99.71	50.41	45.55	100.97	174.42
Current Portion of Leases	-	21.68	28.48	18.41	34.79	13.42
Current Income Taxes Payable	2.27	0.45	0.2	0.17	15.92	44.23
Current Unearned Revenue	86.6	39.83	124.67	292.22	42.51	315.99
Other Current Liabilities	614.02	608.74	695.99	636.39	428.84	422.04
Total Current Liabilities	1,226	1,298	1,514	2,037	1,542	2,260
Long-Term Debt	507.44	368.5	470.1	513.35	607.28	828.43
Long-Term Leases	24.09	26.8	32.08	19.48	35.71	5.6
Long-Term Unearned Revenue	55.21	61.11	70.72	80.47	25.26	21.49
Long-Term Deferred Tax Liabilities	9.19	8.87	2.5	2.97	-	-
Other Long-Term Liabilities	10.19	13.01	344.38	318.89	289.61	-
Total Liabilities	1,832	1,776	2,434	2,973	2,500	3,115
Common Stock	1,012	1,012	1,012	1,012	1,012	1,012
Additional Paid-In Capital	158.62	158.62	164.04	141.22	86.11	86.11
Retained Earnings	105.23	241.68	269.79	696.49	980.99	1,323
Comprehensive Income & Other	8.4	8.08	13.22	11.08	9.76	9.87
Total Common Equity	1,285	1,421	1,459	1,861	2,089	2,431
Minority Interest	72.73	60.93	111.04	173.99	202.09	129.24
Shareholders' Equity	1,357	1,482	1,571	2,035	2,291	2,560
Total Liabilities & Equity	3,189	3,258	4,004	5,008	4,791	5,676
Total Debt	553.31	556.67	586.09	1,012	1,197	1,849
Net Cash (Debt)	-439.32	-371.26	51.92	269.97	-297.63	-531.41
Net Cash Growth	-	-	-80.77%	-	-	-
Net Cash Per Share	-0.43	-0.37	0.05	0.27	-0.29	-0.52
Filing Date Shares Outstanding	1,012	1,012	1,012	1,012	1,012	1,012
Total Common Shares Outstanding	1,012	1,012	1,012	1,012	1,012	1,012
Working Capital	-686.88	-663.25	-337.76	-43.07	295.36	641.94
Book Value Per Share	1.27	1.40	1.44	1.84	2.06	2.40
Tangible Book Value	988.13	1,112	1,139	1,523	1,715	2,010
Tangible Book Value Per Share	0.98	1.10	1.13	1.50	1.69	1.99
Buildings	-	945.99	942.74	942.37	945.95	960.74
Machinery	-	733.43	740.75	539.08	532.52	611.68
Construction In Progress	-	488.32	517.62	506.77	497.95	362.96

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.