Yunnan Tourism 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	-	185.4	638.02	1,282	899.72
Cash & Short-Term Investments	113.99	185.4	638.02	1,282	899.72
Cash Growth	-38.52%	-70.94%	-50.25%	42.53%	-31.72%
Accounts Receivable	-	328.9	280.79	362.49	659.66
Other Receivables	-	14.02	107.19	120.78	39.73
Receivables	-	342.92	387.97	483.27	699.4
Inventory	-	36.72	63.68	130.86	136.77
Prepaid Expenses	-	0.03	0.07	0.02	0.28
Other Current Assets	-	69.79	86.51	97.87	101.11
Total Current Assets	-	634.87	1,176	1,994	1,837
Property, Plant & Equipment	-	1,465	1,570	1,600	1,593
Long-Term Investments	-	691.86	747.82	854.9	581.98
Other Intangible Assets	-	308.38	320.49	338.06	374.06
Long-Term Accounts Receivable	-	-	-	-	4.89
Long-Term Deferred Tax Assets	-	89.96	91.06	92.95	59.46
Long-Term Deferred Charges	-	25.68	55.58	83.97	82.75
Other Long-Term Assets	-	42.84	42.84	44.01	79.38
Total Assets	-	3,258	4,004	5,008	4,791
Accounts Payable	-	438.89	505.58	473.24	395.24
Accrued Expenses	-	48.86	103.66	155.88	105.05
Short-Term Debt	-	39.98	5.01	415.61	418.6
Current Portion of Long-Term Debt	-	99.71	50.41	45.55	100.97
Current Portion of Leases	-	21.68	28.48	18.41	34.79
Current Income Taxes Payable	-	0.45	0.2	0.17	15.92
Current Unearned Revenue	-	39.83	124.67	292.22	42.51
Other Current Liabilities	-	608.74	695.99	636.39	428.84
Total Current Liabilities	-	1,298	1,514	2,037	1,542
Long-Term Debt	-	368.5	470.1	513.35	607.28
Long-Term Leases	-	26.8	32.08	19.48	35.71
Long-Term Unearned Revenue	-	61.11	70.72	80.47	25.26
Long-Term Deferred Tax Liabilities	-	8.87	2.5	2.97	-
Other Long-Term Liabilities	-	13.01	344.38	318.89	289.61
Total Liabilities	-	1,776	2,434	2,973	2,500
Common Stock	-	1,012	1,012	1,012	1,012
Additional Paid-In Capital	-	158.62	164.04	141.22	86.11
Retained Earnings	-	241.68	269.79	696.49	980.99
Comprehensive Income & Other	-	8.08	13.22	11.08	9.76
Total Common Equity	1,285	1,421	1,459	1,861	2,089
Minority Interest	-	60.93	111.04	173.99	202.09
Shareholders' Equity	1,357	1,482	1,571	2,035	2,291
Total Liabilities & Equity	-	3,258	4,004	5,008	4,791
Total Debt	553.31	556.67	586.09	1,012	1,197
Net Cash (Debt)	-439.32	-371.26	51.92	269.97	-297.63
Net Cash Growth	-	-	-80.77%	-	-
Net Cash Per Share	-0.43	-0.37	0.05	0.27	-0.29
Filing Date Shares Outstanding	1,013	1,012	1,012	1,012	1,012
Total Common Shares Outstanding	1,013	1,012	1,012	1,012	1,012
Working Capital	-	-663.25	-337.76	-43.07	295.36
Book Value Per Share	1.27	1.40	1.44	1.84	2.06
Tangible Book Value	988.13	1,112	1,139	1,523	1,715
Tangible Book Value Per Share	0.98	1.10	1.13	1.50	1.69
Buildings	-	945.99	942.74	942.37	945.95
Machinery	-	733.43	740.75	539.08	532.52
Construction In Progress	-	488.32	517.62	506.77	497.95

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