Longhorn Auto 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	Jun '26 Jun 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	1,734	767.16	883.53	504.18	197.9	113.62
Trading Asset Securities	-	15.15	90.41	620.45	0.18	0.29
Cash & Short-Term Investments	1,734	782.31	973.93	1,125	198.08	113.91
Cash Growth	124.72%	-19.68%	-13.40%	467.75%	73.90%	-25.32%
Accounts Receivable	636.33	611.85	441.36	398.55	306.64	284.57
Other Receivables	5.24	4.99	11.09	4.34	6.16	1.28
Receivables	641.57	616.84	452.45	402.89	312.8	285.84
Inventory	772.12	589.96	266.75	208.62	268.67	169.93
Prepaid Expenses	0.4	-	-	-	9.91	5.14
Other Current Assets	117.02	99.35	53.87	10	5.76	2.66
Total Current Assets	3,265	2,088	1,747	1,746	795.22	577.48
Property, Plant & Equipment	755.95	660.81	493.22	146.83	134.37	121.77
Long-Term Investments	23.6	23.6	10.59	72.82	39.38	31.5
Other Intangible Assets	46.16	37.63	30.18	2.64	3.26	5
Long-Term Accounts Receivable	-	-	-	-	0.31	0.48
Long-Term Deferred Tax Assets	33.65	34.44	14.96	17.83	12.18	9.75
Long-Term Deferred Charges	32.41	30.52	19.63	0.53	0.19	-
Other Long-Term Assets	27.54	74.45	73.37	11.47	1.48	1.45
Total Assets	4,184	2,950	2,389	1,998	986.39	747.43

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	1,510	1,301	787.8	611.09	519.7	388.16
Accrued Expenses	34.48	39.19	31.52	31.88	18.63	22.39
Short-Term Debt	-	-	3.06	19.9	15	24.9
Current Portion of Long-Term Debt	8.7	17.87	-	-	-	-
Current Portion of Leases	6.4	6.4	5.44	5.7	5.57	6.44
Current Unearned Revenue	13	8.26	4.45	7.1	3.89	4.49
Other Current Liabilities	7.88	5.29	6.34	19.25	30.11	16.98
Total Current Liabilities	1,580	1,378	838.62	694.93	592.9	463.36
Long-Term Debt	49.3	48.29	72.63	-	-	-
Long-Term Leases	29.85	33.64	37.37	17.67	13.64	18.78
Long-Term Unearned Revenue	8.76	10.28	12.81	16.74	16.29	8.23
Long-Term Deferred Tax Liabilities	-	-	0.06	3.88	2.93	0.01
Other Long-Term Liabilities	14.94	12.93	12.35	11.69	11.37	12.43
Total Liabilities	1,683	1,483	973.85	744.92	637.11	502.81

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	101.41	92	92	92	69	69
Additional Paid-In Capital	1,920	835.57	863.32	861.53	48.02	48.02
Retained Earnings	378.06	383.96	355.01	299.83	232.26	127.6
Comprehensive Income & Other	-2.1	51.21	27.7	-0	-	-
Total Common Equity	2,397	1,363	1,338	1,253	349.28	244.62
Minority Interest	104.17	104.26	77.06	-	-	-
Shareholders' Equity	2,501	1,467	1,415	1,253	349.28	244.62
Total Liabilities & Equity	4,184	2,950	2,389	1,998	986.39	747.43

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	94.25	106.21	118.51	43.27	34.21	50.13
Net Cash (Debt)	1,640	676.1	855.43	1,081	163.88	63.78
Net Cash Growth	147.18%	-20.96%	-20.89%	559.87%	156.92%	-23.35%
Net Cash Per Share	17.57	7.31	9.46	13.81	2.38	0.92
Filing Date Shares Outstanding	101.41	92	92	92	69	69
Total Common Shares Outstanding	101.41	92	92	92	69	69
Working Capital	1,685	710.69	908.38	1,051	202.32	114.12
Book Value Per Share	23.64	14.81	14.54	13.62	5.06	3.55
Tangible Book Value	2,351	1,325	1,308	1,251	346.02	239.62
Tangible Book Value Per Share	23.18	14.40	14.22	13.59	5.01	3.47
Buildings	301.89	283.13	271.07	2.78	2.78	2.78
Machinery	392.67	345.35	245.18	188.49	188.55	156.14
Construction In Progress	192.15	143.63	58.59	26.35	15.88	4.34