Rendong Holdings 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	4,410	3,078	2,775	2,989	1,879
Cash & Short-Term Investments	4,410	3,078	2,775	2,989	1,879
Cash Growth	43.27%	10.93%	-7.17%	59.04%	2.39%
Accounts Receivable	14.29	99.38	76.58	93.48	132.31
Other Receivables	20.67	125.91	24.06	47.86	17.69
Receivables	34.96	225.28	100.65	141.34	150.01
Inventory	-	-	-	-	0.11
Prepaid Expenses	19.38	37.24	67.95	71.44	60.25
Other Current Assets	6.35	43.05	60.23	23.35	15.08
Total Current Assets	4,470	3,383	3,004	3,225	2,105
Property, Plant & Equipment	18.65	27.54	144.04	269.74	306.55
Long-Term Investments	119.37	215.63	307.63	318.98	340.63
Goodwill	894.36	894.36	894.36	894.36	894.36
Other Intangible Assets	0.54	1.52	2.46	8.8	16.85
Long-Term Accounts Receivable	-	14.98	35.39	48.14	23.88
Long-Term Deferred Tax Assets	2.68	45.73	40.73	44.22	37.33
Long-Term Deferred Charges	0.19	0.07	-	3.45	5.84
Other Long-Term Assets	-	-	-	0.91	0.91
Total Assets	5,506	4,583	4,428	4,819	3,755
Accounts Payable	68.13	104.86	221.7	192.98	168.05
Accrued Expenses	28.67	33.66	27.57	269.84	114.94
Short-Term Debt	-	174.81	176.01	422.77	426.88
Current Portion of Long-Term Debt	17.64	677.14	677.14	684.6	687.13
Current Portion of Leases	10.09	8.87	8.05	17.49	17.25
Current Income Taxes Payable	15.65	17.82	1.46	1.47	6.39
Current Unearned Revenue	3,839	2,673	2,385	2,638	1,648
Other Current Liabilities	135.44	785.66	785.89	310.71	239.34
Total Current Liabilities	4,115	4,475	4,282	4,538	3,308
Long-Term Debt	39.41	-	-	-	-
Long-Term Leases	3.63	7.31	13.85	26.31	44.48
Long-Term Deferred Tax Liabilities	2.83	4.21	16.89	13.56	5.79
Other Long-Term Liabilities	738.7	745.5	-	1.57	-
Total Liabilities	4,900	5,232	4,313	4,580	3,358
Common Stock	1,130	559.94	559.94	559.94	559.94
Additional Paid-In Capital	1,014	451.81	291.14	191.14	191.14
Retained Earnings	-1,279	-1,492	-658.98	-443.64	-303.11
Comprehensive Income & Other	-303.49	-224.62	-131.62	-120.27	-98.63
Total Common Equity	561.74	-704.84	60.48	187.16	349.34
Minority Interest	44.74	55.77	54.64	52.6	47.22
Shareholders' Equity	606.48	-649.07	115.11	239.77	396.56
Total Liabilities & Equity	5,506	4,583	4,428	4,819	3,755
Total Debt	70.78	868.12	875.05	1,151	1,176
Net Cash (Debt)	4,339	2,210	1,900	1,838	703.72
Net Cash Growth	96.35%	16.32%	3.36%	161.17%	4.32%
Net Cash Per Share	4.22	3.95	3.35	3.27	1.21
Filing Date Shares Outstanding	1,130	559.94	559.94	559.94	559.94
Total Common Shares Outstanding	1,130	559.94	559.94	559.94	559.94
Working Capital	355.27	-1,092	-1,279	-1,313	-1,203
Book Value Per Share	0.50	-1.26	0.11	0.33	0.62
Tangible Book Value	-333.16	-1,601	-836.34	-716	-561.86
Tangible Book Value Per Share	-0.29	-2.86	-1.49	-1.28	-1.00
Machinery	30.84	188.29	327.89	419.8	361.34

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