UTour Group 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	767.79	642.76	640.5	671.92	756.26
Short-Term Investments	-	-	-	1.67	2.27
Trading Asset Securities	20.23	4	1.56	2.11	1.92
Cash & Short-Term Investments	788.01	646.76	642.07	675.7	760.45
Cash Growth	21.84%	0.73%	-4.98%	-11.14%	-28.46%
Accounts Receivable	291.98	344.51	372.24	106.89	147.72
Other Receivables	75.04	75.72	74.89	58.43	100.89
Receivables	367.02	420.23	447.13	165.32	248.61
Inventory	8.98	10.15	8.65	1.97	2.06
Other Current Assets	433.62	453.25	253.02	258.93	284.39
Total Current Assets	1,598	1,530	1,351	1,102	1,296
Property, Plant & Equipment	326.64	301.17	299.18	279.04	309.37
Long-Term Investments	231.46	257.88	330.11	405.99	535.11
Goodwill	1.59	1.78	-	-	-
Other Intangible Assets	19.3	23.14	13.09	11.75	14.09
Long-Term Deferred Tax Assets	152.43	262.61	298.28	331.26	337.67
Long-Term Deferred Charges	1.19	1.7	0.2	0.08	9.09
Other Long-Term Assets	41.67	35.42	27.67	21.94	58.81
Total Assets	2,419	2,478	2,410	2,152	2,560
Accounts Payable	443.65	425.64	396.56	263.16	416.48
Accrued Expenses	34.45	37.53	35.47	30.27	59.08
Short-Term Debt	78.21	602.32	837.88	911.76	1,055
Current Portion of Long-Term Debt	12.61	2.46	28.42	17.92	0.76
Current Portion of Leases	-	7.01	6.54	45.2	53.04
Current Income Taxes Payable	17.35	6.65	4.93	4.01	4.42
Current Unearned Revenue	527.69	579.08	436.41	105.14	130.88
Other Current Liabilities	494.43	119.57	124.34	231.03	235.57
Total Current Liabilities	1,608	1,780	1,871	1,608	1,955
Long-Term Debt	5.41	3.01	21.28	44.52	412.56
Long-Term Leases	-	14.68	0.16	0.24	45.29
Long-Term Deferred Tax Liabilities	6.77	6.69	0	5.94	26.17
Other Long-Term Liabilities	111.45	-	2.57	5.76	-
Total Liabilities	1,732	1,805	1,895	1,665	2,439
Common Stock	982.72	982.72	982.72	982.72	906.35
Additional Paid-In Capital	873.84	1,216	1,213	1,212	707.17
Retained Earnings	-801.53	-1,142	-1,192	-1,223	-997.36
Treasury Stock	-	-	-	-	-112.98
Comprehensive Income & Other	-162.27	-195.83	-255.07	-249.39	-175
Total Common Equity	892.76	860.38	748.71	722.11	328.17
Minority Interest	-205.42	-187.24	-232.89	-235.09	-207.46
Shareholders' Equity	687.33	673.15	515.82	487.03	120.71
Total Liabilities & Equity	2,419	2,478	2,410	2,152	2,560
Total Debt	96.22	629.49	894.27	1,020	1,566
Net Cash (Debt)	691.79	17.28	-252.2	-343.93	-805.88
Net Cash Growth	3903.65%	-	-	-	-
Net Cash Per Share	0.69	0.02	-0.26	-0.38	-0.89
Filing Date Shares Outstanding	1,077	982.72	982.72	982.72	889.84
Total Common Shares Outstanding	1,077	982.72	982.72	982.72	889.84
Working Capital	-10.75	-249.87	-519.67	-506.56	-659.4
Book Value Per Share	0.83	0.88	0.76	0.73	0.37
Tangible Book Value	871.87	835.46	735.62	710.36	314.08
Tangible Book Value Per Share	0.81	0.85	0.75	0.72	0.35
Buildings	-	21.87	27.46	12.99	14.07
Machinery	-	155.42	118.34	120.57	131.24
Construction In Progress	-	181.51	178.2	151.99	141.17

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