Joyvio Food 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	99.84	216.21	143.84	215.55	184.26
Trading Asset Securities	-	23.52	31.53	7.21	14.96
Cash & Short-Term Investments	99.84	239.73	175.37	222.75	199.21
Cash Growth	-58.35%	36.70%	-21.27%	11.82%	3.67%
Accounts Receivable	88.96	349.5	339.73	449.91	385.26
Other Receivables	6.77	76.27	71.75	120.27	126.24
Receivables	95.73	425.77	411.47	570.18	511.49
Inventory	193.81	1,459	1,911	2,819	2,476
Other Current Assets	14.58	92.2	107.33	75.9	147.03
Total Current Assets	403.96	2,216	2,606	3,688	3,334
Property, Plant & Equipment	63.39	2,070	2,263	2,538	2,428
Long-Term Investments	0	8.65	6.84	6.05	0.57
Goodwill	27.03	48.69	48.37	48.02	1,154
Other Intangible Assets	23.87	3,623	3,762	3,987	3,584
Long-Term Accounts Receivable	-	-	0.59	-	-
Long-Term Deferred Tax Assets	7.37	1,327	1,075	921.83	733.33
Long-Term Deferred Charges	0.18	0.3	1.36	1.97	2.64
Other Long-Term Assets	1.5	2.25	2.85	1.51	64.09
Total Assets	527.3	9,295	9,765	11,193	11,300
Accounts Payable	12.51	1,198	1,571	2,192	1,839
Accrued Expenses	23.38	141.17	151.16	172.99	156.26
Short-Term Debt	-	77.1	273.53	311.42	631.71
Current Portion of Long-Term Debt	-	10.23	2,706	1,088	2,508
Current Portion of Leases	1.39	68.68	82.54	75.01	28.54
Current Income Taxes Payable	0.3	14.07	3.56	1.79	1.41
Current Unearned Revenue	4.82	52.61	36.6	21.86	19.13
Other Current Liabilities	11	35.6	33.93	43.69	79.21
Total Current Liabilities	53.4	1,597	4,858	3,906	5,263
Long-Term Debt	-	6,872	3,068	5,784	3,450
Long-Term Leases	0.67	175.79	241.91	292.61	347.72
Long-Term Deferred Tax Liabilities	3.26	1,108	1,165	1,273	1,191
Total Liabilities	57.33	9,753	9,333	11,256	10,252
Common Stock	174.2	174.2	174.2	174.2	174.2
Additional Paid-In Capital	3,820	2,659	2,461	736.9	709.23
Retained Earnings	-5,019	-4,594	-3,679	-2,534	-1,425
Comprehensive Income & Other	1,300	1,317	1,327	1,322	1,172
Total Common Equity	274.88	-442.75	283.11	-301.39	631.17
Minority Interest	195.09	-14.62	148.76	237.65	417.41
Shareholders' Equity	469.98	-457.37	431.87	-63.73	1,049
Total Liabilities & Equity	527.3	9,295	9,765	11,193	11,300
Total Debt	2.06	7,204	6,372	7,551	6,965
Net Cash (Debt)	97.78	-6,964	-6,196	-7,328	-6,766
Net Cash Per Share	0.56	-39.98	-35.57	-42.07	-38.84
Filing Date Shares Outstanding	174.2	174.2	174.2	174.2	174.2
Total Common Shares Outstanding	174.2	174.2	174.2	174.2	174.2
Working Capital	350.57	618.87	-2,252	-218.41	-1,929
Book Value Per Share	-5.88	-10.00	-5.84	-9.19	-3.84
Tangible Book Value	223.98	-4,114	-3,527	-4,336	-4,107
Tangible Book Value Per Share	-6.18	-31.08	-27.71	-32.36	-31.04
Buildings	84.87	1,823	1,727	1,632	1,125
Machinery	55.76	1,752	1,649	1,624	1,043
Construction In Progress	-	69.04	70.39	93.17	687.87

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