Rianlon Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	1,944	1,994	1,068	946.75	819.36	467.88
Trading Asset Securities	65.65	105.95	162.73	93.24	40	-
Cash & Short-Term Investments	2,010	2,100	1,230	1,040	859.37	467.88
Cash Growth	1.03%	70.67%	18.30%	21.02%	83.67%	134.49%
Accounts Receivable	1,889	1,937	1,629	1,417	1,141	946.36
Other Receivables	26.96	19.49	21.11	13.4	25.21	24.15
Receivables	1,916	1,957	1,650	1,430	1,166	970.51
Inventory	1,615	1,362	1,330	1,142	1,282	893.07
Prepaid Expenses	-	2.16	1.11	0.78	0.54	-
Other Current Assets	233.94	201.25	138.66	118.79	135.97	120.35
Total Current Assets	5,775	5,622	4,350	3,732	3,445	2,452
Property, Plant & Equipment	4,051	3,645	3,581	3,445	3,166	2,427
Long-Term Investments	56.11	50.42	0.57	0.48	0.39	0.25
Goodwill	636.78	636.78	636.78	525.87	525.87	353.45
Other Intangible Assets	378.45	394.41	426.54	352.83	305.37	227.57
Long-Term Deferred Tax Assets	110.69	101.03	89.23	60.7	53.56	22.87
Long-Term Deferred Charges	5.68	6.5	6.68	6.05	5.45	3.41
Other Long-Term Assets	174.62	61.02	43.93	90.43	82.13	91.28
Total Assets	11,189	10,517	9,134	8,214	7,583	5,578

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	1,103	914.11	901.57	925.62	1,103	696.5
Accrued Expenses	76.99	204.65	172.47	150.55	155.46	116.67
Short-Term Debt	2,761	2,215	860	566.44	639.6	656.41
Current Portion of Long-Term Debt	232.66	439.01	357.27	484.05	46.45	81.75
Current Portion of Leases	-	2.17	3.59	3.52	2.43	3.69
Current Income Taxes Payable	49.11	17.34	14.98	8.05	17.01	20.36
Current Unearned Revenue	18.94	9.23	11.38	29.06	35.13	13.84
Other Current Liabilities	525.1	512.8	497.04	505.23	485.98	574.52
Total Current Liabilities	4,766	4,314	2,818	2,673	2,485	2,164
Long-Term Debt	994.18	1,100	1,475	1,176	1,102	733.1
Long-Term Leases	1.82	0.68	2.01	3.13	1.06	1.98
Long-Term Unearned Revenue	55.01	51.98	51.38	45.07	33.55	38.49
Long-Term Deferred Tax Liabilities	29.09	32.02	38.4	36.7	32.31	14.29
Other Long-Term Liabilities	49.56	34.75	22.64	-	-	-
Total Liabilities	5,896	5,533	4,408	3,934	3,655	2,952

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	229.62	229.62	229.62	229.62	229.62	205.01
Additional Paid-In Capital	1,670	1,670	1,709	1,709	1,707	915.12
Retained Earnings	3,286	2,914	2,500	2,153	1,870	1,407
Comprehensive Income & Other	-29.3	12.47	20.52	15.48	10.31	-5.95
Total Common Equity	5,156	4,827	4,459	4,107	3,817	2,521
Minority Interest	137.48	157.13	266.76	172.91	111.48	105.22
Shareholders' Equity	5,293	4,984	4,726	4,280	3,928	2,626
Total Liabilities & Equity	11,189	10,517	9,134	8,214	7,583	5,578

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	3,989	3,756	2,698	2,233	1,792	1,477
Net Cash (Debt)	-1,979	-1,656	-1,468	-1,193	-932.53	-1,009
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-8.62	-7.21	-6.39	-5.20	-4.25	-4.92
Filing Date Shares Outstanding	229.64	229.62	229.62	229.62	229.62	205.01
Total Common Shares Outstanding	229.64	229.62	229.62	229.62	229.62	205.01
Working Capital	1,009	1,308	1,531	1,059	959.07	288.08
Book Value Per Share	22.45	21.02	19.42	17.89	16.62	12.30
Tangible Book Value	4,140	3,795	3,396	3,228	2,985	1,940
Tangible Book Value Per Share	18.03	16.53	14.79	14.06	13.00	9.46
Buildings	-	1,854	1,818	1,643	1,244	542.88
Machinery	-	3,249	2,973	2,569	1,876	1,176
Construction In Progress	-	259.45	161.98	274.94	836.25	1,227