Longhorn Auto 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	Dec '21 Dec 31, 2021
Cash & Equivalents	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	782.31	973.93	1,125	198.08	113.91
Cash Growth	-19.68%	-13.40%	467.75%	73.90%	-25.32%
Accounts Receivable	611.85	441.36	398.55	306.64	284.57
Other Receivables	4.99	11.09	4.34	6.16	1.28
Receivables	616.84	452.45	402.89	312.8	285.84
Inventory	589.96	266.75	208.62	268.67	169.93
Prepaid Expenses	-	-	-	9.91	5.14
Other Current Assets	99.35	53.87	10	5.76	2.66
Total Current Assets	2,088	1,747	1,746	795.22	577.48
Property, Plant & Equipment	660.81	493.22	146.83	134.37	121.77
Long-Term Investments	23.6	10.59	72.82	39.38	31.5
Other Intangible Assets	37.63	30.18	2.64	3.26	5
Long-Term Accounts Receivable	-	-	-	0.31	0.48
Long-Term Deferred Tax Assets	34.44	14.96	17.83	12.18	9.75
Long-Term Deferred Charges	30.52	19.63	0.53	0.19	-
Other Long-Term Assets	74.45	73.37	11.47	1.48	1.45
Total Assets	2,950	2,389	1,998	986.39	747.43
Accounts Payable	1,301	787.8	611.09	519.7	388.16
Accrued Expenses	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	17.87	-	-	-	-
Current Portion of Leases	6.4	5.44	5.7	5.57	6.44
Current Unearned Revenue	8.26	4.45	7.1	3.89	4.49
Other Current Liabilities	5.29	6.34	19.25	30.11	16.98
Total Current Liabilities	1,378	838.62	694.93	592.9	463.36
Long-Term Debt	48.29	72.63	-	-	-
Long-Term Leases	33.64	37.37	17.67	13.64	18.78
Long-Term Unearned Revenue	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	12.93	12.35	11.69	11.37	12.43
Total Liabilities	1,483	973.85	744.92	637.11	502.81
Common Stock	92	92	92	69	69
Additional Paid-In Capital	835.57	863.32	861.53	48.02	48.02
Retained Earnings	383.96	355.01	299.83	232.26	127.6
Comprehensive Income & Other	51.21	27.7	-0	-	-
Total Common Equity	1,363	1,338	1,253	349.28	244.62
Minority Interest	104.26	77.06	-	-	-
Shareholders' Equity	1,467	1,415	1,253	349.28	244.62
Total Liabilities & Equity	2,950	2,389	1,998	986.39	747.43
Total Debt	106.21	118.51	43.27	34.21	50.13
Net Cash (Debt)	676.1	855.43	1,081	163.88	63.78
Net Cash Growth	-20.96%	-20.89%	559.87%	156.92%	-23.35%
Net Cash Per Share	7.31	9.46	13.81	2.38	0.92
Filing Date Shares Outstanding	92	92	92	69	69
Total Common Shares Outstanding	92	92	92	69	69
Working Capital	710.69	908.38	1,051	202.32	114.12
Book Value Per Share	14.81	14.54	13.62	5.06	3.55
Tangible Book Value	1,325	1,308	1,251	346.02	239.62
Tangible Book Value Per Share	14.40	14.22	13.59	5.01	3.47
Buildings	283.13	271.07	2.78	2.78	2.78
Machinery	345.35	245.18	188.49	188.55	156.14
Construction In Progress	143.63	58.59	26.35	15.88	4.34

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