Chengdu Hongqi Chain 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	-	2,505	1,737	2,076	1,241
Trading Asset Securities	-	-	401.19	210.24	300
Cash & Short-Term Investments	2,729	2,505	2,138	2,286	1,541
Cash Growth	8.96%	17.16%	-6.49%	48.36%	-23.23%
Accounts Receivable	-	120.5	90.95	65.32	64.95
Other Receivables	-	86.96	91.69	84.22	83.44
Receivables	-	207.46	182.64	149.55	148.39
Inventory	-	2,052	2,038	1,909	1,664
Other Current Assets	-	139.1	168.72	163.85	175.59
Total Current Assets	-	4,903	4,527	4,509	3,529
Property, Plant & Equipment	-	2,031	2,249	2,461	2,834
Long-Term Investments	-	1,193	1,131	983.77	887.06
Other Intangible Assets	-	95.49	130.22	166.74	206.48
Long-Term Deferred Tax Assets	-	40.15	42.04	36.42	22.83
Long-Term Deferred Charges	-	21.92	30.55	35.48	45.41
Total Assets	-	8,285	8,110	8,192	7,525
Accounts Payable	-	1,471	1,562	1,551	1,309
Accrued Expenses	-	102.52	134.41	192.65	117.19
Current Portion of Leases	-	447.68	496.08	527.8	558.37
Current Income Taxes Payable	-	33.73	40.11	37.36	35.66
Current Unearned Revenue	-	1,129	1,052	867.57	746.99
Other Current Liabilities	-	170.93	173.67	169.42	149.42
Total Current Liabilities	-	3,355	3,458	3,345	2,917
Long-Term Leases	-	434.67	507.77	662.52	889.52
Long-Term Unearned Revenue	-	32.2	33.1	34	34.89
Total Liabilities	-	3,821	3,999	4,042	3,842
Common Stock	-	1,360	1,360	1,360	1,360
Additional Paid-In Capital	-	43.74	43.74	43.74	43.74
Retained Earnings	-	3,059	2,707	2,747	2,280
Total Common Equity	4,689	4,463	4,111	4,151	3,684
Minority Interest	-	0.63	0.67	-	-
Shareholders' Equity	4,690	4,464	4,111	4,151	3,684
Total Liabilities & Equity	-	8,285	8,110	8,192	7,525
Total Debt	713.55	882.35	1,004	1,190	1,448
Net Cash (Debt)	2,016	1,622	1,134	1,096	93.21
Net Cash Growth	24.23%	43.05%	3.48%	1075.85%	-93.81%
Net Cash Per Share	1.47	1.18	0.83	0.81	0.07
Filing Date Shares Outstanding	1,393	1,360	1,360	1,360	1,360
Total Common Shares Outstanding	1,360	1,360	1,360	1,360	1,360
Working Capital	-	1,549	1,069	1,164	612.36
Book Value Per Share	3.45	3.28	3.02	3.05	2.71
Tangible Book Value	4,614	4,368	3,980	3,984	3,477
Tangible Book Value Per Share	3.39	3.21	2.93	2.93	2.56
Buildings	-	1,300	1,300	1,313	1,307
Machinery	-	619.34	613.45	587.53	575.69

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.