Jiangmen Kanhoo Industry 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	Jan '22 Jan 1, 2022
Cash & Equivalents	82.92	146.7	232.75	589.66	55.95	112.23
Trading Asset Securities	3.36	-	-	0.21	-	-
Cash & Short-Term Investments	86.28	146.7	232.75	589.88	55.95	112.23
Cash Growth	-61.10%	-36.97%	-60.54%	954.30%	-50.15%	74.28%
Accounts Receivable	708.42	788.02	828.51	1,129	1,442	1,257
Other Receivables	13.92	15.44	59.46	83.94	64.98	53.24
Receivables	722.35	803.46	887.97	1,212	1,507	1,310
Inventory	937.58	926.4	873.04	1,268	1,684	1,661
Other Current Assets	113.97	116.88	102.58	49.89	104.63	204.46
Total Current Assets	1,860	1,993	2,096	3,121	3,351	3,287
Property, Plant & Equipment	436.03	452.1	519.54	632.14	502.28	536.08
Long-Term Investments	14.91	8.45	10.25	27.33	141.63	247.73
Goodwill	-	-	-	-	58.38	119.13
Other Intangible Assets	26.78	27.66	32.67	80.21	40.47	99.94
Long-Term Deferred Tax Assets	37.56	38.8	43.76	17.46	111.6	105.12
Long-Term Deferred Charges	4.86	5.8	7.68	7.77	12.6	17.78
Other Long-Term Assets	5.35	12.25	10.75	19.47	23.05	13.04
Total Assets	2,386	2,538	2,721	3,905	4,241	4,426
Accounts Payable	1,032	1,098	1,122	1,623	1,840	1,562
Accrued Expenses	10.87	21.92	22.67	35.92	50.07	72.09
Short-Term Debt	294.56	343.1	324.55	287.96	221.24	211.69
Current Portion of Long-Term Debt	25.1	6.19	100.12	9.11	6.5	-
Current Portion of Leases	-	18.8	21.88	117.05	121.65	82.65
Current Income Taxes Payable	0.73	0	-	0	0.01	0.03
Current Unearned Revenue	383.06	331.17	403.48	712.75	960.52	1,030
Other Current Liabilities	376.88	418.42	447.46	465.83	533.32	549.69
Total Current Liabilities	2,123	2,237	2,442	3,252	3,734	3,508
Long-Term Debt	91.85	84.85	-	118	96.95	-
Long-Term Leases	145.27	150.1	168.9	237.92	146.33	183.91
Long-Term Unearned Revenue	11.63	11.99	14.04	16.74	19.92	26.78
Long-Term Deferred Tax Liabilities	38.21	38.95	43.76	17.49	10.83	-
Other Long-Term Liabilities	-	-	-	-	0.5	0.5
Total Liabilities	2,410	2,523	2,669	3,642	4,008	3,719
Common Stock	275.51	275.51	276.47	276.63	213.57	212.14
Additional Paid-In Capital	1,628	1,628	1,384	1,385	880.38	869.55
Retained Earnings	-1,785	-1,763	-1,545	-1,353	-834.06	-373.67
Treasury Stock	-	-	-6.93	-8.13	-10.42	-
Comprehensive Income & Other	-54.76	-54.76	-55.63	-37.87	-17.33	-2.99
Total Common Equity	64.4	85.83	53.41	262.83	232.15	705.03
Minority Interest	-88.41	-70.57	-0.97	0.33	1.03	1.52
Shareholders' Equity	-24.01	15.27	52.44	263.17	233.18	706.55
Total Liabilities & Equity	2,386	2,538	2,721	3,905	4,241	4,426
Total Debt	556.79	603.04	615.45	770.04	592.66	478.25
Net Cash (Debt)	-470.51	-456.34	-382.7	-180.16	-536.71	-366.02
Net Cash Per Share	-1.70	-1.65	-1.40	-0.83	-2.53	-1.72
Filing Date Shares Outstanding	275.53	275.89	276.47	276.63	213.57	212.14
Total Common Shares Outstanding	275.53	275.89	276.47	276.63	213.57	212.14
Working Capital	-262.55	-243.9	-345.51	-131.06	-382.3	-221.09
Book Value Per Share	0.23	0.31	0.19	0.95	1.09	3.32
Tangible Book Value	37.62	58.18	20.74	182.62	133.31	485.96
Tangible Book Value Per Share	0.14	0.21	0.08	0.66	0.62	2.29
Buildings	-	244.08	244.08	240.89	240.12	238.82
Machinery	-	418.97	419.41	403.28	429.12	413.7
Construction In Progress	-	0.38	1.91	25.95	1.21	15.42

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