Yunnan Tourism 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	77.61	112.33	185.4	638.02	1,282	899.72
Cash & Short-Term Investments	77.61	112.33	185.4	638.02	1,282	899.72
Cash Growth	-49.29%	-39.41%	-70.94%	-50.25%	42.53%	-31.72%
Accounts Receivable	348.43	345.59	328.9	280.79	362.49	659.66
Other Receivables	39.18	41.05	14.02	107.19	120.78	39.73
Receivables	387.61	386.64	342.92	387.97	483.27	699.4
Inventory	38.51	34.36	36.72	63.68	130.86	136.77
Prepaid Expenses	-	0.02	0.03	0.07	0.02	0.28
Other Current Assets	80.49	75.22	69.79	86.51	97.87	101.11
Total Current Assets	584.22	608.57	634.87	1,176	1,994	1,837
Property, Plant & Equipment	998.38	1,017	1,465	1,570	1,600	1,593
Long-Term Investments	577.69	584.57	691.86	747.82	854.9	581.98
Other Intangible Assets	246.96	250.5	308.38	320.49	338.06	374.06
Long-Term Accounts Receivable	-	-	-	-	-	4.89
Long-Term Deferred Tax Assets	49.81	49.79	89.96	91.06	92.95	59.46
Long-Term Deferred Charges	19.03	20.55	25.68	55.58	83.97	82.75
Other Long-Term Assets	420.01	422.67	42.84	42.84	44.01	79.38
Total Assets	2,896	2,954	3,258	4,004	5,008	4,791
Accounts Payable	346.79	363.44	438.89	505.58	473.24	395.24
Accrued Expenses	57.96	59.23	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	63.92	58.04	99.71	50.41	45.55	100.97
Current Portion of Leases	-	19.91	21.68	28.48	18.41	34.79
Current Income Taxes Payable	2.84	0.08	0.45	0.2	0.17	15.92
Current Unearned Revenue	67.25	70.64	39.83	124.67	292.22	42.51
Other Current Liabilities	633.44	639.57	608.74	695.99	636.39	428.84
Total Current Liabilities	1,172	1,211	1,298	1,514	2,037	1,542
Long-Term Debt	507.27	479.46	368.5	470.1	513.35	607.28
Long-Term Leases	12.17	12.2	26.8	32.08	19.48	35.71
Long-Term Unearned Revenue	51.15	53.6	61.11	70.72	80.47	25.26
Long-Term Deferred Tax Liabilities	4.17	4.23	8.87	2.5	2.97	-
Other Long-Term Liabilities	105.27	109.2	13.01	344.38	318.89	289.61
Total Liabilities	1,852	1,870	1,776	2,434	2,973	2,500
Common Stock	1,012	1,012	1,012	1,012	1,012	1,012
Additional Paid-In Capital	158.62	158.62	158.62	164.04	141.22	86.11
Retained Earnings	-121.43	-87.96	241.68	269.79	696.49	980.99
Comprehensive Income & Other	8.23	8.22	8.08	13.22	11.08	9.76
Total Common Equity	1,058	1,091	1,421	1,459	1,861	2,089
Minority Interest	-13.99	-7.13	60.93	111.04	173.99	202.09
Shareholders' Equity	1,044	1,084	1,482	1,571	2,035	2,291
Total Liabilities & Equity	2,896	2,954	3,258	4,004	5,008	4,791
Total Debt	583.37	569.61	556.67	586.09	1,012	1,197
Net Cash (Debt)	-505.75	-457.28	-371.26	51.92	269.97	-297.63
Net Cash Growth	-	-	-	-80.77%	-	-
Net Cash Per Share	-0.50	-0.45	-0.37	0.05	0.27	-0.29
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	-587.99	-602.34	-663.25	-337.76	-43.07	295.36
Book Value Per Share	1.04	1.08	1.40	1.44	1.84	2.06
Tangible Book Value	810.9	840.81	1,112	1,139	1,523	1,715
Tangible Book Value Per Share	0.80	0.83	1.10	1.13	1.50	1.69
Buildings	-	998.14	945.99	942.74	942.37	945.95
Machinery	-	707.33	733.43	740.75	539.08	532.52
Construction In Progress	-	55.04	488.32	517.62	506.77	497.95

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