Longzhou Group 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
Period Ending	Sep '25 Sep 30, 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
Cash & Equivalents	380.27	549.45	577.02	548.53	530.67	798.86
Short-Term Investments	-	15.01	-	-	-	-
Trading Asset Securities	-	0.08	-	12.69	17.99	-
Cash & Short-Term Investments	380.27	564.55	577.02	561.22	548.66	798.86
Cash Growth	-21.37%	-2.16%	2.81%	2.29%	-31.32%	-36.09%
Accounts Receivable	1,553	1,811	1,628	2,095	1,906	1,981
Other Receivables	226.62	225.97	219.95	263.12	488.31	680.73
Receivables	1,780	2,037	1,848	2,358	2,394	2,661
Inventory	301.98	150.42	263.19	261.83	255.91	424.92
Prepaid Expenses	-	0.8	0.44	-	-	-
Other Current Assets	191.71	127.35	412.18	340.05	653.18	1,105
Total Current Assets	2,654	2,880	3,101	3,521	3,852	4,990
Property, Plant & Equipment	1,643	1,814	1,937	2,070	2,022	2,130
Long-Term Investments	11.31	18.3	30.22	36.8	38.19	36.44
Goodwill	337.37	337.37	405.57	470.44	485.57	491.64
Other Intangible Assets	589.6	630.14	680.6	701.25	718.3	743.75
Long-Term Accounts Receivable	-	10.85	-	-	-	-
Long-Term Deferred Tax Assets	78.69	77.74	80.06	76	69.49	75.33
Long-Term Deferred Charges	8.45	11.68	19.34	22.77	24.17	43.17
Other Long-Term Assets	450.6	457.24	456.79	492.74	499.76	208.93
Total Assets	5,773	6,237	6,711	7,391	7,709	8,720
Accounts Payable	453.91	585.91	467.19	530.18	1,111	1,055
Accrued Expenses	21.9	72.26	43.65	59.14	57.85	69.14
Short-Term Debt	1,560	1,567	1,828	1,906	1,405	2,077
Current Portion of Long-Term Debt	1,048	448.88	619.15	855.49	202.55	566.25
Current Portion of Leases	-	22.58	-	-	-	-
Current Income Taxes Payable	13.3	10.76	9.04	16.87	6.15	10.24
Current Unearned Revenue	105.14	67.14	87.69	107.12	51.64	101.17
Other Current Liabilities	150.57	315.88	205.33	173.9	443.22	715.02
Total Current Liabilities	3,353	3,090	3,260	3,649	3,277	4,594
Long-Term Debt	943.8	1,544	1,349	1,150	1,648	1,280
Long-Term Leases	5.73	7.98	2.8	8.21	12.4	6.34
Long-Term Unearned Revenue	282.42	295.57	282.56	312.14	315.63	294.29
Long-Term Deferred Tax Liabilities	11.83	12.28	15.3	17.4	16.2	17.52
Other Long-Term Liabilities	180.04	141.24	84.03	89.55	113.07	125.81
Total Liabilities	4,777	5,091	4,994	5,226	5,382	6,318
Common Stock	562.37	562.37	562.37	562.37	562.37	562.37
Additional Paid-In Capital	1,346	1,344	1,344	1,344	1,350	1,346
Retained Earnings	-846.29	-750.65	-402.19	-49.82	30.02	16.84
Comprehensive Income & Other	15.19	6.8	7.71	-5.08	1.69	7.26
Total Common Equity	1,077	1,162	1,512	1,851	1,944	1,932
Minority Interest	-80.78	-16.31	205.07	313.48	382.63	469.76
Shareholders' Equity	996.21	1,146	1,717	2,165	2,327	2,402
Total Liabilities & Equity	5,773	6,237	6,711	7,391	7,709	8,720
Total Debt	3,558	3,590	3,799	3,920	3,268	3,929
Net Cash (Debt)	-3,178	-3,026	-3,222	-3,359	-2,719	-3,131
Net Cash Per Share	-5.65	-5.38	-5.76	-5.94	-4.13	-5.56
Filing Date Shares Outstanding	562.37	562.37	562.37	562.37	562.37	562.37
Total Common Shares Outstanding	562.37	562.37	562.37	562.37	562.37	562.37
Working Capital	-699.09	-210.65	-159.34	-127.61	574.6	396.24
Book Value Per Share	1.92	2.07	2.69	3.29	3.46	3.44
Tangible Book Value	150.03	194.95	425.66	679.73	740.2	696.84
Tangible Book Value Per Share	0.27	0.35	0.76	1.21	1.32	1.24
Buildings	-	1,638	1,587	1,580	1,459	1,291
Machinery	-	1,424	1,452	1,440	1,395	1,360
Construction In Progress	-	111.96	155.18	167.85	172.22	391.46

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