China Quanjude(Group) 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	116.17	117.01	101.61	150.16	195.21	223.87
Trading Asset Securities	20	20.02	40.21	-	173.66	322.13
Cash & Short-Term Investments	136.18	137.03	141.82	150.16	368.87	546.01
Cash Growth	-26.41%	-3.38%	-5.56%	-59.29%	-32.44%	-21.75%
Accounts Receivable	69.67	59.83	60.04	45.8	39.32	41.2
Other Receivables	25.63	29.67	26.18	24.66	24.42	18.49
Receivables	95.3	89.49	86.22	70.46	63.74	59.69
Inventory	89.12	97.1	82.48	76.96	60.6	53.85
Prepaid Expenses	-	0.05	0.11	8.08	8.11	-
Other Current Assets	37.53	28.25	27.71	23.12	18.94	32.36
Total Current Assets	358.13	351.92	338.34	328.78	520.27	691.91
Property, Plant & Equipment	495.63	432.21	488.53	518.33	569.4	406.72
Long-Term Investments	371.45	372.3	378.56	361.75	368.98	363.26
Goodwill	3.44	3.44	3.44	3.44	-	-
Other Intangible Assets	81.68	84.78	89.34	90.87	91.95	95.92
Long-Term Accounts Receivable	-	-	-	0.11	0.76	-
Long-Term Deferred Tax Assets	46.61	39.83	40.24	45.26	11.92	10.07
Long-Term Deferred Charges	41.7	52.05	56.57	61.76	71.17	61.73
Other Long-Term Assets	139.43	156.52	122.68	125.99	142.28	113.45
Total Assets	1,538	1,493	1,518	1,536	1,777	1,743
Accounts Payable	156.56	149.86	164.72	161.16	141.99	156.46
Accrued Expenses	38.64	106.43	120	137.99	114.24	121.18
Short-Term Debt	-	5.14	11.15	36.02	7.41	3.88
Current Portion of Leases	54.28	49.95	62.88	68.25	65.84	-
Current Income Taxes Payable	8.17	0.3	0.29	0.26	0.3	0.25
Current Unearned Revenue	78.6	85.8	86.64	82.67	87.06	85.85
Other Current Liabilities	128.26	66.77	72.61	83.5	80.65	85.68
Total Current Liabilities	464.5	464.26	518.28	569.85	497.5	453.29
Long-Term Leases	126.38	113.31	123.22	140.62	191.99	-
Long-Term Unearned Revenue	9.09	13.79	20.09	26.74	25.33	18.23
Long-Term Deferred Tax Liabilities	38.62	32.1	31.78	32.01	3.81	3.73
Total Liabilities	638.59	623.47	693.38	769.21	718.63	475.26
Common Stock	306.92	306.92	308.46	308.46	308.46	308.46
Additional Paid-In Capital	534.41	534.41	548.24	548.77	548.77	549.8
Retained Earnings	23.65	-2.52	-36.65	-96.69	179.38	363.2
Treasury Stock	-	-	-15.37	-15.37	-15.37	-5.22
Comprehensive Income & Other	-	-	0.11	0.01	0.01	-
Total Common Equity	864.99	838.81	804.79	745.18	1,021	1,216
Minority Interest	34.49	30.78	19.53	21.9	36.84	51.57
Shareholders' Equity	899.48	869.59	824.33	767.08	1,058	1,268
Total Liabilities & Equity	1,538	1,493	1,518	1,536	1,777	1,743
Total Debt	180.65	168.41	197.25	244.89	265.24	3.88
Net Cash (Debt)	-44.48	-31.38	-55.43	-94.73	103.63	542.13
Net Cash Growth	-	-	-	-	-80.88%	-21.84%
Net Cash Per Share	-0.14	-0.10	-0.18	-0.31	0.34	1.76
Filing Date Shares Outstanding	306.92	306.92	306.92	306.92	306.92	307.95
Total Common Shares Outstanding	306.92	306.92	306.92	306.92	306.92	307.95
Working Capital	-106.37	-112.34	-179.95	-241.07	22.77	238.62
Book Value Per Share	2.82	2.73	2.62	2.43	3.33	3.95
Tangible Book Value	779.87	750.59	712.01	650.86	929.3	1,120
Tangible Book Value Per Share	2.54	2.45	2.32	2.12	3.03	3.64
Buildings	-	450.99	492.9	494.26	479.53	525.25
Machinery	-	310.05	321.17	324.56	330.12	338.73
Construction In Progress	-	9.4	11.1	6.82	5.36	20.14

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