Jiangsu Zhongchao Holding 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	726.86	973.2	949.68	804.58	616.71
Cash & Short-Term Investments	726.86	973.2	949.68	804.58	616.71
Cash Growth	-25.31%	2.48%	18.03%	30.46%	-29.79%
Accounts Receivable	2,116	2,475	2,700	2,839	3,070
Other Receivables	101.85	36.34	41.61	74.32	79.61
Receivables	2,218	2,512	2,741	2,914	3,149
Inventory	737.34	662.63	569.61	551.25	555.68
Prepaid Expenses	-	-	-	0.01	-
Other Current Assets	89.44	73.37	64.06	69.61	81.83
Total Current Assets	3,772	4,221	4,325	4,339	4,404
Property, Plant & Equipment	603.9	516.91	428.75	485.06	538.15
Long-Term Investments	368.67	487.47	484.75	481.95	437.18
Goodwill	22.84	22.84	22.84	23.21	23.82
Other Intangible Assets	172.19	146.7	154.74	156.15	177.41
Long-Term Deferred Tax Assets	143.9	139.75	138.8	126.68	88.28
Long-Term Deferred Charges	53.01	56.47	42.37	25.86	27.45
Other Long-Term Assets	99.06	68.85	83.1	32.16	4.02
Total Assets	5,235	5,660	5,680	5,670	5,700
Accounts Payable	1,205	1,482	1,504	1,578	1,539
Accrued Expenses	41.97	83.07	95.07	83.37	87.7
Short-Term Debt	1,660	1,895	1,876	1,968	1,970
Current Portion of Long-Term Debt	74.06	19.71	-	-	-
Current Portion of Leases	-	6.59	5.68	5.19	3.94
Current Income Taxes Payable	26.82	2.85	7.55	12.75	8.52
Current Unearned Revenue	74.69	75.78	92.83	117.2	129.07
Other Current Liabilities	212.71	235.09	341.03	167.18	244.69
Total Current Liabilities	3,296	3,800	3,923	3,931	3,983
Long-Term Debt	20	35	6.44	-	-
Long-Term Leases	20.71	39.16	28.16	31.57	13.27
Long-Term Unearned Revenue	16.97	17.44	10.9	11.62	6.4
Long-Term Deferred Tax Liabilities	33.01	16.93	23.23	19.51	12.96
Other Long-Term Liabilities	16.77	-	-	272.79	272.79
Total Liabilities	3,403	3,909	3,991	4,267	4,288
Common Stock	1,369	1,369	1,369	1,268	1,268
Additional Paid-In Capital	188.39	157.45	74.2	-	-
Retained Earnings	220.86	259.58	323.42	72.38	122.01
Treasury Stock	-29.1	-86.75	-143.31	-	-
Comprehensive Income & Other	50.57	17.15	28.17	29.2	-18.56
Total Common Equity	1,799	1,716	1,651	1,370	1,371
Minority Interest	32.42	34.5	37.2	33.86	40.11
Shareholders' Equity	1,832	1,751	1,689	1,403	1,412
Total Liabilities & Equity	5,235	5,660	5,680	5,670	5,700
Total Debt	1,775	1,996	1,916	2,004	1,987
Net Cash (Debt)	-1,048	-1,022	-966.71	-1,200	-1,370
Net Cash Per Share	-0.76	-0.80	-0.75	-0.95	-1.08
Filing Date Shares Outstanding	1,343	1,369	1,369	1,268	1,268
Total Common Shares Outstanding	1,343	1,369	1,369	1,268	1,268
Working Capital	475.78	420.45	402.07	407.84	420.67
Book Value Per Share	1.34	1.25	1.21	1.08	1.08
Tangible Book Value	1,604	1,547	1,474	1,190	1,170
Tangible Book Value Per Share	1.19	1.13	1.08	0.94	0.92
Buildings	-	670.79	576.46	586.56	648.61
Machinery	-	557.2	563.68	558.42	527.6
Construction In Progress	-	35.24	1.8	1.59	11.66

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