Avary Holding(Shenzhen) 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	12,032	13,497	10,912	8,207	3,171
Cash & Short-Term Investments	12,032	13,497	10,912	8,207	3,171
Cash Growth	-10.85%	23.69%	32.97%	158.78%	-44.08%
Accounts Receivable	6,217	5,839	6,209	6,274	7,970
Other Receivables	292.81	264.54	15.73	14.54	187.02
Receivables	6,510	6,103	6,225	6,289	8,157
Inventory	3,807	3,356	3,054	3,440	3,695
Other Current Assets	784.72	678.93	532.33	557.26	913.28
Total Current Assets	23,133	23,635	20,723	18,493	15,937
Property, Plant & Equipment	20,512	17,208	17,666	17,319	16,725
Long-Term Investments	2,414	1,654	1,677	488.66	319.21
Goodwill	78.56	20.41	20.41	20.41	20.41
Other Intangible Assets	1,516	1,198	1,271	1,279	1,721
Long-Term Deferred Tax Assets	132.14	139.52	162.21	189.09	123.31
Long-Term Deferred Charges	2.97	1.95	6.12	6.65	7.83
Other Long-Term Assets	1,061	686	751.99	1,008	687.74
Total Assets	48,850	44,543	42,278	38,803	35,541
Accounts Payable	5,662	5,079	4,848	3,984	4,686
Accrued Expenses	1,191	1,201	1,323	1,258	1,149
Short-Term Debt	3,925	3,257	3,961	2,964	3,490
Current Portion of Long-Term Debt	-	-	177.08	-	-
Current Portion of Leases	13.92	17.39	12.3	23.05	32.72
Current Income Taxes Payable	156.46	242.2	216.05	374.71	199.37
Current Unearned Revenue	32.41	59.83	50.79	40.02	23.47
Other Current Liabilities	1,650	1,348	1,251	1,357	1,363
Total Current Liabilities	12,631	11,204	11,840	10,001	10,943
Long-Term Debt	375.72	179.71	-	175.72	159.29
Long-Term Leases	60.03	72.93	81.86	76.94	89.71
Long-Term Unearned Revenue	390.48	359.28	245.57	241.78	138.64
Long-Term Deferred Tax Liabilities	560.98	405.2	435.77	370.59	397.36
Other Long-Term Liabilities	80.83	-	-	-	-
Total Liabilities	14,099	12,221	12,603	10,866	11,728
Common Stock	2,318	2,319	2,320	2,321	2,321
Additional Paid-In Capital	12,773	12,705	12,702	12,697	12,619
Retained Earnings	18,585	17,119	14,653	12,991	9,140
Treasury Stock	-171.23	-257.45	-288.31	-128.13	-165.14
Comprehensive Income & Other	631.67	224.36	262.73	56.29	-101.81
Total Common Equity	34,137	32,110	29,651	27,937	23,813
Minority Interest	613.38	211.67	24.72	-	-
Shareholders' Equity	34,750	32,322	29,675	27,937	23,813
Total Liabilities & Equity	48,850	44,543	42,278	38,803	35,541
Total Debt	4,375	3,527	4,233	3,240	3,772
Net Cash (Debt)	7,657	9,970	6,679	4,967	-600.82
Net Cash Growth	-23.20%	49.26%	34.49%	-	-
Net Cash Per Share	3.30	4.30	2.89	2.14	-0.26
Filing Date Shares Outstanding	2,342	2,396	2,311	2,314	2,312
Total Common Shares Outstanding	2,342	2,396	2,311	2,314	2,312
Working Capital	10,502	12,431	8,884	8,492	4,993
Book Value Per Share	14.58	13.40	12.83	12.07	10.30
Tangible Book Value	32,543	30,892	28,359	26,638	22,071
Tangible Book Value Per Share	13.90	12.89	12.27	11.51	9.55
Land	210.44	200.17	195.57	9.63	9.63
Buildings	10,735	9,661	8,256	6,867	5,351
Machinery	27,614	24,268	22,809	22,235	20,959
Construction In Progress	2,947	1,382	2,310	1,837	1,621

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