Balance Sheet

Current Liabilities	1.3B
Accounts Payable	622.4m
Accrued Liabilities	43.8m
Short-Term Debt	414.9m
Other Current Liabilities	170.9m
Non-Current Liabilities	7.8m
Long-Term Debt	35k
Other Non-Current Liabilities	7.8m

Currency: CNY

	Dec-2017	Dec-2018	Dec-2019	Dec-2020	Dec-2021	Dec-2022	Dec-2023
Assets
Cash & Cash Equivalents	26	6	35	1 019	356	280	361
Cash Equivalents	26	6	35	1 019	356	280	361
Short-Term Investments	0	0	0	0	0	0	46
Total Receivables	99	381	469	728	1 582	1 696	1 673
Accounts Receivables	99	380	457	688	1 511	1 416	1 515
Other Receivables	0	1	12	40	70	279	158
Inventory	0	0	0	0	0	69	9
Other Current Assets	11	36	95	242	451	163	320
Total Current Assets	135	423	599	1 989	2 389	2 207	2 409
PP&E Net	3	2	7	10	15	14	9
PP&E Gross	3	2	7	10	15	14	9
Accumulated Depreciation	1	2	6	3	6	9	10
Intangible Assets	0	0	8	17	26	32	25
Note Receivable	0	0	0	0	0	0	11
Long-Term Investments	1	7	10	8	6	42	110
Other Long-Term Assets	1	2	16	16	22	55	82
Total Assets	140 N/A	434 +210%	639 +47%	2 040 +219%	2 458 +21%	2 349 -4%	2 646 +13%
Liabilities
Accounts Payable	49	148	180	213	146	242	622
Accrued Liabilities	4	8	11	22	28	42	44
Short-Term Debt	0	28	92	210	612	575	415
Current Portion of Long-Term Debt	1	1	4	2	4	5	3
Other Current Liabilities	10	39	70	84	81	110	167
Total Current Liabilities	63	224	356	531	872	974	1 252
Long-Term Debt	2	1	1	2	1	3	0
Deferred Income Tax	0	0	0	0	2	1	1
Minority Interest	0	0	0	0	0	0	1
Other Liabilities	0	0	0	1	1	1	8
Total Liabilities	65 N/A	225 +247%	357 +59%	535 +50%	875 +64%	978 +12%	1 260 +29%
Equity
Common Stock	0	0	0	0	0	0	0
Retained Earnings	75	208	282	1 505	1 620	1 412	1 433
Unrealized Security Profit/Loss	0	0	0	0	0	0	0
Treasury Stock	0	0	0	0	37	41	47
Total Equity	75 N/A	208 +178%	282 +35%	1 505 +434%	1 583 +5%	1 371 -13%	1 387 +1%
Total Liabilities & Equity	140 N/A	434 +210%	639 +47%	2 040 +219%	2 458 +21%	2 349 -4%	2 646 +13%
Shares Outstanding
Common Shares Outstanding	800	800	800	800	778	778	785

Netjoy Holdings Ltd
HKEX:2131