Jade Bird Fire Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	2,568	2,845	2,578	2,950	2,975	1,484
Short-Term Investments	-	154.74	174.47	54.91	-	-
Trading Asset Securities	658.54	324.73	100.56	114.83	434.27	-
Cash & Short-Term Investments	3,226	3,324	2,853	3,120	3,409	1,484
Cash Growth	30.35%	16.52%	-8.56%	-8.47%	129.74%	-1.21%
Accounts Receivable	2,990	3,140	2,941	2,633	2,444	2,061
Other Receivables	113.68	100.03	103.84	87.73	69.86	22.11
Receivables	3,103	3,240	3,045	2,721	2,514	2,083
Inventory	768.26	724.51	683.72	765.9	697.64	702.48
Prepaid Expenses	-	71.96	30.37	12.42	7.4	5.05
Other Current Assets	416.21	85.67	58.35	44.19	75.67	127.63
Total Current Assets	7,514	7,447	6,671	6,664	6,703	4,402
Property, Plant & Equipment	1,222	1,249	1,056	783.63	477.93	468.1
Long-Term Investments	513.68	521.04	153.67	218.31	144.02	133.8
Goodwill	443.52	442.33	443.1	421.22	418.98	415.97
Other Intangible Assets	374.55	381.21	320.22	213.46	192.79	196.62
Long-Term Accounts Receivable	-	2.79	2.89	2.65	2.59	1.66
Long-Term Deferred Tax Assets	121.41	107.53	70.48	57.64	46.42	36.16
Long-Term Deferred Charges	186.14	151.54	118.1	82.39	34.88	11.48
Other Long-Term Assets	42.01	39.67	51.57	28.76	40.92	19.58
Total Assets	10,417	10,341	8,887	8,472	8,062	5,685
Accounts Payable	801.7	915.02	820.73	749.69	792.23	700.13
Accrued Expenses	78.74	223.39	233.88	243.78	203.7	154.12
Short-Term Debt	1,084	1,236	353.12	262	520	379.08
Current Portion of Long-Term Debt	120.82	54.5	28.5	10.26	18.32	21.75
Current Portion of Leases	-	13.44	15.46	15.61	14.55	14.35
Current Income Taxes Payable	36.95	14.16	34.36	32.61	32.89	29.56
Current Unearned Revenue	163.65	198.58	235.43	65.54	55.21	56.49
Other Current Liabilities	143.59	204.94	306.42	423.06	229.52	433.77
Total Current Liabilities	2,429	2,860	2,028	1,803	1,866	1,789
Long-Term Debt	1,217	589.59	314.31	93.27	100.55	61.74
Long-Term Leases	10.03	12.12	20.51	30.73	35.05	43.78
Long-Term Unearned Revenue	13.59	13.79	14.59	9.7	6.23	6.77
Long-Term Deferred Tax Liabilities	39.16	41.28	60.44	49.99	47.4	47.58
Other Long-Term Liabilities	15.98	16.59	9.45	9.16	10.97	13.36
Total Liabilities	3,725	3,533	2,447	1,995	2,067	1,962
Common Stock	879.81	879.81	744.34	758.06	564.3	348.67
Additional Paid-In Capital	1,916	1,918	2,126	2,296	2,452	873.75
Retained Earnings	3,671	3,604	3,429	3,337	2,847	2,425
Treasury Stock	-116.67	-	-189.89	-161.63	-52.84	-81.1
Comprehensive Income & Other	-64.09	6.21	-21.18	7.02	-9.4	-22.55
Total Common Equity	6,286	6,408	6,089	6,237	5,801	3,543
Minority Interest	406.56	400.57	350.56	239.7	193.73	179.55
Shareholders' Equity	6,692	6,808	6,439	6,476	5,995	3,723
Total Liabilities & Equity	10,417	10,341	8,887	8,472	8,062	5,685
Total Debt	2,431	1,905	731.91	411.88	688.47	520.71
Net Cash (Debt)	794.91	1,419	2,121	2,708	2,720	963.12
Net Cash Growth	-47.63%	-33.10%	-21.68%	-0.45%	182.46%	-19.88%
Net Cash Per Share	0.76	1.35	2.02	2.56	2.94	1.03
Filing Date Shares Outstanding	1,044	1,056	1,043	1,071	1,057	913.79
Total Common Shares Outstanding	1,044	1,056	1,058	1,092	1,056	913.79
Working Capital	5,085	4,587	4,643	4,861	4,837	2,613
Book Value Per Share	6.02	6.07	5.75	5.71	5.49	3.88
Tangible Book Value	5,468	5,584	5,325	5,602	5,190	2,931
Tangible Book Value Per Share	5.24	5.29	5.03	5.13	4.91	3.21
Buildings	-	1,278	1,044	462.45	364.06	403.45
Machinery	-	375.63	331.86	288.91	206.87	217.43
Construction In Progress	-	14.25	32.18	331.08	106.58	39.86

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