Rendong Holdings Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	3,371	4,410	3,078	2,775	2,989	1,879
Cash & Short-Term Investments	3,371	4,410	3,078	2,775	2,989	1,879
Cash Growth	-6.12%	43.27%	10.93%	-7.17%	59.04%	2.39%
Accounts Receivable	15.15	14.29	99.38	76.58	93.48	132.31
Other Receivables	21.61	20.67	125.91	24.06	47.86	17.69
Receivables	36.76	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	26.6	6.35	43.05	60.23	23.35	15.08
Total Current Assets	3,435	4,470	3,383	3,004	3,225	2,105
Property, Plant & Equipment	15.5	18.65	27.54	144.04	269.74	306.55
Long-Term Investments	119.37	119.37	215.63	307.63	318.98	340.63
Goodwill	894.36	894.36	894.36	894.36	894.36	894.36
Other Intangible Assets	0.31	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	2.6	2.68	45.73	40.73	44.22	37.33
Long-Term Deferred Charges	0.15	0.19	0.07	-	3.45	5.84
Other Long-Term Assets	-	-	-	-	0.91	0.91
Total Assets	4,467	5,506	4,583	4,428	4,819	3,755
Accounts Payable	65.79	68.13	104.86	221.7	192.98	168.05
Accrued Expenses	6.87	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	24.93	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	25.1	15.65	17.82	1.46	1.47	6.39
Current Unearned Revenue	0.77	3,839	2,673	2,385	2,638	1,648
Other Current Liabilities	2,907	135.44	785.66	785.89	310.71	239.34
Total Current Liabilities	3,031	4,115	4,475	4,282	4,538	3,308
Long-Term Debt	22.52	39.41	-	-	-	-
Long-Term Leases	3.03	3.63	7.31	13.85	26.31	44.48
Long-Term Deferred Tax Liabilities	2.75	2.83	4.21	16.89	13.56	5.79
Other Long-Term Liabilities	738.7	738.7	745.5	-	1.57	-
Total Liabilities	3,798	4,900	5,232	4,313	4,580	3,358
Common Stock	1,130	1,130	559.94	559.94	559.94	559.94
Additional Paid-In Capital	1,028	1,014	451.81	291.14	191.14	191.14
Retained Earnings	-1,232	-1,279	-1,492	-658.98	-443.64	-303.11
Comprehensive Income & Other	-303.46	-303.49	-224.62	-131.62	-120.27	-98.63
Total Common Equity	622.36	561.74	-704.84	60.48	187.16	349.34
Minority Interest	46.81	44.74	55.77	54.64	52.6	47.22
Shareholders' Equity	669.16	606.48	-649.07	115.11	239.77	396.56
Total Liabilities & Equity	4,467	5,506	4,583	4,428	4,819	3,755
Total Debt	50.48	70.78	868.12	875.05	1,151	1,176
Net Cash (Debt)	3,321	4,339	2,210	1,900	1,838	703.72
Net Cash Growth	-7.16%	96.35%	16.32%	3.36%	161.17%	4.32%
Net Cash Per Share	3.23	4.22	3.95	3.35	3.27	1.21
Filing Date Shares Outstanding	1,130	1,130	559.94	559.94	559.94	559.94
Total Common Shares Outstanding	1,130	1,130	559.94	559.94	559.94	559.94
Working Capital	403.88	355.27	-1,092	-1,279	-1,313	-1,203
Book Value Per Share	0.55	0.50	-1.26	0.11	0.33	0.62
Tangible Book Value	-272.31	-333.16	-1,601	-836.34	-716	-561.86
Tangible Book Value Per Share	-0.24	-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.