Palm Eco-Town Development 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	2015 - 2019
Period Ending	Mar '25 Mar 31, 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	2015 - 2019
Cash & Equivalents	640.44	543.28	403.3	520.97	638.93	987.65	Upgrade
Short-Term Investments	167.88	153.66	178.58	-	153	1.08	Upgrade
Trading Asset Securities	-	-	-	-	100	196.21	Upgrade
Cash & Short-Term Investments	808.33	696.94	581.87	520.97	891.93	1,185	Upgrade
Cash Growth	37.39%	19.78%	11.69%	-41.59%	-24.73%	-8.95%	Upgrade
Accounts Receivable	8,538	8,680	8,397	8,367	7,349	7,378	Upgrade
Other Receivables	712.47	705.67	1,007	1,148	891.81	848.38	Upgrade
Receivables	9,250	10,128	9,931	9,515	8,241	8,358	Upgrade
Inventory	341.84	308.55	357.23	229.1	1,053	1,012	Upgrade
Prepaid Expenses	-	26.32	15.12	6.75	7.28	10.98	Upgrade
Other Current Assets	1,324	652.31	673.62	570.77	455.76	290.42	Upgrade
Total Current Assets	11,724	11,813	11,558	10,843	10,649	10,856	Upgrade
Property, Plant & Equipment	234.6	241	301.78	335.53	382.74	623.9	Upgrade
Long-Term Investments	2,944	2,923	3,041	3,300	3,291	3,310	Upgrade
Goodwill	78.83	79.1	-	-	-	-	Upgrade
Other Intangible Assets	82.51	80.23	58.98	90.57	92.7	87.62	Upgrade
Long-Term Accounts Receivable	-	-	-	-	6.5	-	Upgrade
Long-Term Deferred Tax Assets	292.85	293.12	288.52	311.02	311.57	247.99	Upgrade
Long-Term Deferred Charges	7.29	7.89	5.2	17.03	22.96	28.85	Upgrade
Other Long-Term Assets	2,869	2,790	3,451	3,381	2,864	834.08	Upgrade
Total Assets	18,234	18,226	18,889	18,615	17,931	16,454	Upgrade
Accounts Payable	8,532	8,790	8,138	6,901	6,287	4,882	Upgrade
Accrued Expenses	20.21	39.66	62.05	24.7	91.82	81.84	Upgrade
Short-Term Debt	1,203	4,839	4,985	3,386	3,310	3,344	Upgrade
Current Portion of Long-Term Debt	100.78	266.07	110.67	1,297	20	-	Upgrade
Current Portion of Leases	-	8.21	7.2	12.45	17.37	-	Upgrade
Current Income Taxes Payable	6.68	3.72	0.01	4.54	0.97	3.47	Upgrade
Current Unearned Revenue	150.67	117.44	358.04	536.15	328.57	597.59	Upgrade
Other Current Liabilities	5,397	1,146	600.35	803.13	935.3	1,665	Upgrade
Total Current Liabilities	15,411	15,210	14,262	12,965	10,992	10,573	Upgrade
Long-Term Debt	705.69	1,146	1,128	1,200	2,805	1,150	Upgrade
Long-Term Leases	5.83	5.68	2.29	32.85	34.47	-	Upgrade
Long-Term Deferred Tax Liabilities	8.58	9.19	5.68	0.64	0.85	-	Upgrade
Other Long-Term Liabilities	420.19	10.19	-	-	40	-	Upgrade
Total Liabilities	16,551	16,381	15,398	14,198	13,872	11,723	Upgrade
Common Stock	1,813	1,813	1,813	1,813	1,487	1,487	Upgrade
Additional Paid-In Capital	3,100	3,100	3,099	3,071	2,325	2,325	Upgrade
Retained Earnings	-3,396	-3,234	-1,655	-715.28	-24.24	724.98	Upgrade
Treasury Stock	-50.26	-50.26	-	-	-	-	Upgrade
Comprehensive Income & Other	30.69	30.25	31.24	29.47	17.25	23.55	Upgrade
Total Common Equity	1,497	1,658	3,287	4,198	3,805	4,561	Upgrade
Minority Interest	185.6	187.48	203.85	219.3	253.75	170.07	Upgrade
Shareholders' Equity	1,683	1,846	3,491	4,417	4,059	4,731	Upgrade
Total Liabilities & Equity	18,234	18,226	18,889	18,615	17,931	16,454	Upgrade
Total Debt	2,016	6,265	6,233	5,928	6,187	4,493	Upgrade
Net Cash (Debt)	-1,207	-5,568	-5,651	-5,407	-5,295	-3,308	Upgrade
Net Cash Per Share	-0.67	-3.10	-3.13	-3.44	-3.59	-2.24	Upgrade
Filing Date Shares Outstanding	1,813	1,813	1,813	1,813	1,487	1,487	Upgrade
Total Common Shares Outstanding	1,813	1,813	1,813	1,813	1,487	1,487	Upgrade
Working Capital	-3,686	-3,397	-2,703	-2,122	-343.29	282.81	Upgrade
Book Value Per Share	0.83	0.91	1.81	2.32	2.56	3.07	Upgrade
Tangible Book Value	1,336	1,499	3,228	4,107	3,713	4,473	Upgrade
Tangible Book Value Per Share	0.74	0.83	1.78	2.27	2.50	3.01	Upgrade
Buildings	-	219.24	358.39	354.89	375.21	666.7	Upgrade
Machinery	-	49.75	60.65	111.17	110.98	113.66	Upgrade
Construction In Progress	-	10.76	10.76	14.97	25.23	13.98	Upgrade

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