Yusei Holdings Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	109.35	188.89	58.24	58.71	43.29	52.92
Cash & Short-Term Investments	109.35	188.89	58.24	58.71	43.29	52.92
Cash Growth	85.71%	224.35%	-0.80%	35.60%	-18.19%	-34.33%
Accounts Receivable	803.58	806.2	704.74	650.8	459.63	459.66
Other Receivables	29.77	57.58	45.62	31.41	17.97	27.18
Receivables	833.35	863.78	750.35	682.2	477.6	486.84
Inventory	486.85	480.84	458.37	534.36	447.8	342.48
Other Current Assets	151.25	137.39	111.8	84.64	92.9	43.08
Total Current Assets	1,581	1,671	1,379	1,360	1,062	925.31
Property, Plant & Equipment	1,270	1,254	1,123	885.39	694.87	621.54
Long-Term Investments	56.73	56.52	50.58	46.2	39.09	35.99
Goodwill	-	-	5.39	5.39	5.39	5.39
Other Intangible Assets	8.95	11.28	11.86	13.58	14.14	13.23
Long-Term Deferred Tax Assets	5.11	5.11	6.12	4.13	2.13	1.69
Other Long-Term Assets	6.65	6.65	8.43	7.4	-	-
Total Assets	2,928	3,005	2,584	2,322	1,817	1,603
Accounts Payable	840.99	932.14	675.09	585.62	407.91	378.67
Accrued Expenses	99.02	107.99	94.6	91.33	88.9	94.26
Current Portion of Long-Term Debt	583.32	531.99	484.99	500.23	368.17	290.56
Current Portion of Leases	-	-	-	-	-	4.55
Current Income Taxes Payable	7.71	-	15.77	8.61	5.45	9.54
Current Unearned Revenue	70.61	76.3	84.1	72.98	61.4	29.47
Other Current Liabilities	70.57	165.6	120.03	86.66	66.37	54.64
Total Current Liabilities	1,672	1,814	1,475	1,345	998.19	861.68
Long-Term Debt	253.58	217.04	206.82	146.44	32.1	-
Long-Term Unearned Revenue	5.72	5.72	5.86	6.01	6.23	6.46
Total Liabilities	1,932	2,037	1,687	1,498	1,037	868.13
Common Stock	5.8	5.8	5.8	5.8	5.8	5.8
Additional Paid-In Capital	123.45	123.45	123.45	123.45	123.45	123.45
Retained Earnings	798.89	770.51	689.42	618.45	571.35	528.12
Comprehensive Income & Other	53.59	54.06	68.4	68.95	73.53	71.46
Total Common Equity	981.72	953.82	887.07	816.64	774.13	728.83
Minority Interest	14.74	14.26	9.46	7.47	6.56	6.2
Shareholders' Equity	996.46	968.08	896.52	824.11	780.69	735.02
Total Liabilities & Equity	2,928	3,005	2,584	2,322	1,817	1,603
Total Debt	836.91	749.03	691.82	646.67	400.27	295.11
Net Cash (Debt)	-727.56	-560.14	-633.58	-587.97	-356.97	-242.19
Net Cash Per Share	-1.14	-0.88	-1.00	-0.92	-0.56	-0.38
Filing Date Shares Outstanding	636.55	636.55	636.55	636.55	636.55	636.55
Total Common Shares Outstanding	636.55	636.55	636.55	636.55	636.55	636.55
Working Capital	-91.44	-143.11	-95.82	14.47	63.4	63.63
Book Value Per Share	1.54	1.50	1.39	1.28	1.22	1.14
Tangible Book Value	972.78	942.53	869.82	797.68	754.61	710.21
Tangible Book Value Per Share	1.53	1.48	1.37	1.25	1.19	1.12
Buildings	-	482.03	366.65	305.67	301.09	257.77
Machinery	-	1,429	1,274	1,132	999.37	886.26
Construction In Progress	-	262.96	263.4	181.43	53.08	41.43

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