Limin 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	590.86	666.12	806.57	764.17	970.17	732.58
Short-Term Investments	-	-	-	-	-	8
Trading Asset Securities	97.51	105.13	10.47	7.04	122.1	0.53
Cash & Short-Term Investments	688.37	771.25	817.04	771.21	1,092	741.11
Cash Growth	-11.21%	-5.60%	5.94%	-29.39%	47.38%	49.10%
Accounts Receivable	1,263	777.54	637.49	619.06	474.89	458.96
Other Receivables	39.93	5.34	12.67	17.17	14.9	89.51
Receivables	1,303	782.88	650.15	636.23	489.79	548.47
Inventory	604.46	763.15	765.59	977.45	1,066	658.94
Prepaid Expenses	-	-	-	-	0.16	-
Other Current Assets	124.35	125.81	111.23	154.86	282.4	231.06
Total Current Assets	2,720	2,443	2,344	2,540	2,930	2,180
Property, Plant & Equipment	3,048	3,242	3,347	3,368	2,620	2,075
Long-Term Investments	377.86	330.25	299.43	303.86	312.34	279.49
Goodwill	32.34	32.34	33.59	33.59	33.59	33.59
Other Intangible Assets	469.74	479.82	462.8	461.15	485.47	383.28
Long-Term Deferred Tax Assets	7.3	17.17	6.04	1.04	8.08	18.87
Long-Term Deferred Charges	20.68	30.88	39.32	22.1	12.93	0.16
Other Long-Term Assets	83.78	84.27	283.61	326.98	480.51	219.27
Total Assets	6,759	6,660	6,815	7,056	6,883	5,190
Accounts Payable	836.28	917.5	1,054	1,079	856.36	551.79
Accrued Expenses	96.55	134.44	107.73	199.51	200.74	151.44
Short-Term Debt	591.02	763.36	677.48	945.1	1,064	797.35
Current Portion of Long-Term Debt	414.24	309.63	340.72	60.57	83.55	-
Current Portion of Leases	-	0.75	0.51	0.24	-	-
Current Income Taxes Payable	26.56	17.16	2.98	6.43	6.98	2.34
Current Unearned Revenue	54.24	257.63	231.46	355.44	368.31	472.13
Other Current Liabilities	458.34	263.85	243.69	248.23	267.32	325.45
Total Current Liabilities	2,477	2,664	2,658	2,894	2,847	2,300
Long-Term Debt	543	1,239	1,251	1,208	1,024	248.31
Long-Term Leases	1.99	2.61	0.74	0.78	-	-
Long-Term Unearned Revenue	26.38	30.24	33.23	35.8	34.25	28.87
Long-Term Deferred Tax Liabilities	15.26	27.63	41.47	62.39	92.44	68.15
Other Long-Term Liabilities	1	1.03	14.82	14.83	7.12	27.82
Total Liabilities	3,065	3,965	4,000	4,216	4,004	2,674
Common Stock	444.08	366.87	366.86	372.57	372.56	372.52
Additional Paid-In Capital	1,506	829.99	829.69	851.11	911.85	910.33
Retained Earnings	1,644	1,358	1,400	1,431	1,322	1,108
Treasury Stock	-30	-100	-	-24.81	-54.28	-21.76
Comprehensive Income & Other	59.67	188.02	176.75	168.79	149.12	-1.2
Total Common Equity	3,624	2,643	2,773	2,798	2,701	2,368
Minority Interest	70.84	52.7	41.81	41.67	177.49	147.74
Shareholders' Equity	3,695	2,696	2,815	2,840	2,879	2,516
Total Liabilities & Equity	6,759	6,660	6,815	7,056	6,883	5,190
Total Debt	1,550	2,315	2,271	2,215	2,171	1,046
Net Cash (Debt)	-861.89	-1,544	-1,454	-1,443	-1,079	-304.54
Net Cash Per Share	-1.98	-4.18	-3.98	-3.56	-2.74	-0.83
Filing Date Shares Outstanding	439.38	352.82	366.86	341.46	368.2	372.52
Total Common Shares Outstanding	439.38	352.82	366.86	341.46	368.2	372.52
Working Capital	242.78	-221.23	-314.42	-354.44	83.44	-120.91
Book Value Per Share	8.25	7.49	7.56	8.20	7.34	6.36
Tangible Book Value	3,122	2,131	2,277	2,304	2,182	1,951
Tangible Book Value Per Share	7.10	6.04	6.21	6.75	5.93	5.24
Buildings	-	1,828	1,663	1,579	1,229	1,121
Machinery	-	3,462	3,254	2,449	2,042	1,862
Construction In Progress	-	36.51	156	806.75	606.87	121.54

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