Longhorn Auto 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	Dec '21 Dec 31, 2021
Cash & Equivalents	730.68	767.16	883.53	504.18	197.9	113.62
Trading Asset Securities	80.29	15.15	90.41	620.45	0.18	0.29
Cash & Short-Term Investments	810.97	782.31	973.93	1,125	198.08	113.91
Cash Growth	-9.69%	-19.68%	-13.40%	467.75%	73.90%	-25.32%
Accounts Receivable	627.48	611.85	441.36	398.55	306.64	284.57
Other Receivables	8.59	4.99	11.09	4.34	6.16	1.28
Receivables	636.07	616.84	452.45	402.89	312.8	285.84
Inventory	557.08	589.96	266.75	208.62	268.67	169.93
Prepaid Expenses	-	-	-	-	9.91	5.14
Other Current Assets	78.14	99.35	53.87	10	5.76	2.66
Total Current Assets	2,082	2,088	1,747	1,746	795.22	577.48
Property, Plant & Equipment	733.67	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	42.66	37.63	30.18	2.64	3.26	5
Long-Term Accounts Receivable	-	-	-	-	0.31	0.48
Long-Term Deferred Tax Assets	33.56	34.44	14.96	17.83	12.18	9.75
Long-Term Deferred Charges	32.3	30.52	19.63	0.53	0.19	-
Other Long-Term Assets	33.04	74.45	73.37	11.47	1.48	1.45
Total Assets	2,981	2,950	2,389	1,998	986.39	747.43
Accounts Payable	1,267	1,301	787.8	611.09	519.7	388.16
Accrued Expenses	23.79	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	76.99	17.87	-	-	-	-
Current Portion of Leases	-	6.4	5.44	5.7	5.57	6.44
Current Unearned Revenue	9.82	8.26	4.45	7.1	3.89	4.49
Other Current Liabilities	7.49	5.29	6.34	19.25	30.11	16.98
Total Current Liabilities	1,387	1,378	838.62	694.93	592.9	463.36
Long-Term Debt	49.3	48.29	72.63	-	-	-
Long-Term Leases	31.69	33.64	37.37	17.67	13.64	18.78
Long-Term Unearned Revenue	9.52	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	13	12.93	12.35	11.69	11.37	12.43
Total Liabilities	1,490	1,483	973.85	744.92	637.11	502.81
Common Stock	92	92	92	92	69	69
Additional Paid-In Capital	897.31	835.57	863.32	861.53	48.02	48.02
Retained Earnings	399.59	383.96	355.01	299.83	232.26	127.6
Comprehensive Income & Other	-1.67	51.21	27.7	-0	-	-
Total Common Equity	1,387	1,363	1,338	1,253	349.28	244.62
Minority Interest	103.75	104.26	77.06	-	-	-
Shareholders' Equity	1,491	1,467	1,415	1,253	349.28	244.62
Total Liabilities & Equity	2,981	2,950	2,389	1,998	986.39	747.43
Total Debt	157.98	106.21	118.51	43.27	34.21	50.13
Net Cash (Debt)	652.98	676.1	855.43	1,081	163.88	63.78
Net Cash Growth	-16.99%	-20.96%	-20.89%	559.87%	156.92%	-23.35%
Net Cash Per Share	7.06	7.31	9.46	13.81	2.38	0.92
Filing Date Shares Outstanding	91.99	92	92	92	69	69
Total Common Shares Outstanding	91.99	92	92	92	69	69
Working Capital	695.66	710.69	908.38	1,051	202.32	114.12
Book Value Per Share	15.08	14.81	14.54	13.62	5.06	3.55
Tangible Book Value	1,345	1,325	1,308	1,251	346.02	239.62
Tangible Book Value Per Share	14.62	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.