Jiangsu Yanghe Distillery Co., Ltd. (SHE:002304)

Jiangsu Yanghe Distillery Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	15,391	21,748	25,813	24,375	20,956	7,243
Trading Asset Securities	6,436	6,380	5,851	7,998	10,954	14,302
Cash & Short-Term Investments	21,827	28,128	31,664	32,374	31,910	21,545
Cash Growth	-19.63%	-11.17%	-2.19%	1.45%	48.11%	-3.28%
Accounts Receivable	358.05	1,513	791.58	1,194	887.89	617.72
Other Receivables	17.02	17.05	57.78	74.36	11.52	30.32
Receivables	375.08	1,530	849.36	1,269	899.41	648.04
Inventory	19,134	19,733	18,954	17,729	16,803	14,853
Prepaid Expenses	-	-	15.37	-	-	-
Other Current Assets	1,136	933.24	1,052	140.71	152.41	192.2
Total Current Assets	42,472	50,325	52,535	51,512	49,765	37,238
Property, Plant & Equipment	7,604	7,551	6,845	6,586	6,822	7,106
Long-Term Investments	5,763	5,850	6,763	6,182	7,669	6,396
Goodwill	276	276	276	276	276	276
Other Intangible Assets	1,772	1,804	1,773	1,714	1,680	1,714
Long-Term Deferred Tax Assets	1,327	1,243	1,326	1,507	1,386	925.92
Long-Term Deferred Charges	97.66	116.47	8.05	12.08	16.1	0.13
Other Long-Term Assets	192.31	180.61	266.03	183.85	186.14	209.68
Total Assets	59,505	67,345	69,792	67,973	67,799	53,866
Accounts Payable	726.92	1,265	1,426	1,376	1,474	1,152
Accrued Expenses	85.2	1,218	1,223	1,518	1,719	1,299
Current Portion of Leases	26.49	23.59	25.08	23.68	8.41	-
Current Income Taxes Payable	1,138	36.51	508.56	563.18	2,201	1,333
Current Unearned Revenue	6,424	10,344	11,105	13,742	15,805	8,801
Other Current Liabilities	2,016	2,372	2,889	2,705	3,527	2,072
Total Current Liabilities	10,426	15,259	17,176	19,928	24,733	14,657
Long-Term Debt	90	-	-	-	0.04	0.04
Long-Term Leases	35.78	40.13	48.71	3.72	10.73	-
Long-Term Unearned Revenue	38.21	45.53	87.52	92.28	77.24	86
Long-Term Deferred Tax Liabilities	54.97	110.39	234.39	227.53	299.38	456.34
Other Long-Term Liabilities	197.4	197.64	196.01	196.46	196.69	197.05
Total Liabilities	10,843	15,652	17,742	20,448	25,317	15,397
Common Stock	1,506	1,506	1,506	1,507	1,507	1,507
Additional Paid-In Capital	930.15	930.15	930.52	904.65	782.24	741.53
Retained Earnings	46,127	49,153	49,500	45,118	40,259	37,243
Treasury Stock	-	-	-	-56.28	-56.28	-1,002
Comprehensive Income & Other	-0.92	-1.23	2.02	1.98	-5.84	-5.21
Total Common Equity	48,563	51,588	51,939	47,475	42,486	38,485
Minority Interest	98.81	104.8	111.35	49.5	-4.9	-14.93
Shareholders' Equity	48,662	51,693	52,050	47,525	42,481	38,470
Total Liabilities & Equity	59,505	67,345	69,792	67,973	67,799	53,866
Total Debt	162.28	63.72	73.79	27.4	19.17	0.04
Net Cash (Debt)	21,665	28,065	31,590	32,346	31,891	21,545
Net Cash Growth	-20.04%	-11.16%	-2.34%	1.43%	48.02%	-3.28%
Net Cash Per Share	14.38	18.63	20.97	21.47	21.30	14.35
Filing Date Shares Outstanding	1,506	1,506	1,506	1,506	1,497	1,497
Total Common Shares Outstanding	1,506	1,506	1,506	1,506	1,497	1,497
Working Capital	32,045	35,066	35,359	31,584	25,031	22,581
Book Value Per Share	32.24	34.25	34.48	31.52	28.38	25.70
Tangible Book Value	46,515	49,508	49,889	45,485	40,531	36,495
Tangible Book Value Per Share	30.88	32.86	33.12	30.19	27.07	24.37
Buildings	-	8,948	8,366	8,310	8,171	8,169
Machinery	-	4,064	3,832	3,759	3,757	3,708
Construction In Progress	-	1,913	1,457	757.15	525.5	223.47

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