Chengdu Hongqi Chain 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	2,729	2,505	1,737	2,076	1,241	2,007
Trading Asset Securities	-	-	401.19	210.24	300	-
Cash & Short-Term Investments	2,729	2,505	2,138	2,286	1,541	2,007
Cash Growth	22.42%	17.16%	-6.49%	48.36%	-23.23%	58.57%
Accounts Receivable	128.52	120.5	90.95	65.32	64.95	75.43
Other Receivables	81.44	86.96	91.69	84.22	83.44	87
Receivables	209.96	207.46	182.64	149.55	148.39	162.44
Inventory	2,143	2,052	2,038	1,909	1,664	1,291
Prepaid Expenses	-	-	-	-	-	2.51
Other Current Assets	136.56	139.1	168.72	163.85	175.59	403.14
Total Current Assets	5,219	4,903	4,527	4,509	3,529	3,867
Property, Plant & Equipment	1,815	2,031	2,249	2,461	2,834	1,188
Long-Term Investments	1,258	1,193	1,131	983.77	887.06	768.51
Other Intangible Assets	75.29	95.49	130.22	166.74	206.48	247.68
Long-Term Deferred Tax Assets	53.34	40.15	42.04	36.42	22.83	8.97
Long-Term Deferred Charges	13.83	21.92	30.55	35.48	45.41	37.84
Other Long-Term Assets	-	-	-	-	-	3.18
Total Assets	8,435	8,285	8,110	8,192	7,525	6,121
Accounts Payable	1,452	1,471	1,562	1,551	1,309	1,227
Accrued Expenses	28.37	102.52	134.41	192.65	117.19	107.48
Short-Term Debt	-	-	-	-	-	502.25
Current Portion of Leases	412.45	447.68	496.08	527.8	558.37	-
Current Income Taxes Payable	62.04	33.73	40.11	37.36	35.66	21.01
Current Unearned Revenue	1,221	1,129	1,052	867.57	746.99	653.27
Other Current Liabilities	236.28	170.93	173.67	169.42	149.42	144.4
Total Current Liabilities	3,412	3,355	3,458	3,345	2,917	2,656
Long-Term Leases	301.1	434.67	507.77	662.52	889.52	-
Long-Term Unearned Revenue	31.31	32.2	33.1	34	34.89	20.3
Total Liabilities	3,745	3,821	3,999	4,042	3,842	2,676
Common Stock	1,360	1,360	1,360	1,360	1,360	1,360
Additional Paid-In Capital	43.74	43.74	43.74	43.74	43.74	43.74
Retained Earnings	3,286	3,059	2,707	2,747	2,280	2,040
Total Common Equity	4,689	4,463	4,111	4,151	3,684	3,444
Minority Interest	0.64	0.63	0.67	-	-	1.23
Shareholders' Equity	4,690	4,464	4,111	4,151	3,684	3,445
Total Liabilities & Equity	8,435	8,285	8,110	8,192	7,525	6,121
Total Debt	713.55	882.35	1,004	1,190	1,448	502.25
Net Cash (Debt)	2,016	1,622	1,134	1,096	93.21	1,505
Net Cash Growth	58.95%	43.05%	3.48%	1075.85%	-93.81%	18.99%
Net Cash Per Share	1.45	1.18	0.83	0.81	0.07	1.10
Filing Date Shares Outstanding	1,360	1,360	1,360	1,360	1,360	1,360
Total Common Shares Outstanding	1,360	1,360	1,360	1,360	1,360	1,360
Working Capital	1,806	1,549	1,069	1,164	612.36	1,211
Book Value Per Share	3.45	3.28	3.02	3.05	2.71	2.53
Tangible Book Value	4,614	4,368	3,980	3,984	3,477	3,196
Tangible Book Value Per Share	3.39	3.21	2.93	2.93	2.56	2.35
Buildings	-	1,300	1,300	1,313	1,307	1,311
Machinery	-	619.34	613.45	587.53	575.69	519.1
Construction In Progress	-	-	-	-	-	0.9

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.