Chaowei Power Holdings 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	3,752	3,612	3,541	2,158	2,861
Trading Asset Securities	91.58	31.47	96.99	122.93	214.5
Cash & Short-Term Investments	3,844	3,644	3,638	2,281	3,075
Cash Growth	5.50%	0.16%	59.49%	-25.83%	8.75%
Accounts Receivable	5,704	5,008	5,123	4,673	3,958
Other Receivables	-	502.28	440.37	173.71	-
Receivables	5,731	5,522	5,569	4,872	3,993
Inventory	4,153	4,348	4,473	3,982	3,924
Prepaid Expenses	-	11.36	15.08	12.22	-
Other Current Assets	4,801	3,808	1,459	1,900	2,609
Total Current Assets	18,530	17,332	15,155	13,047	13,601
Property, Plant & Equipment	4,902	5,244	5,419	5,504	5,310
Long-Term Investments	402.61	266.55	141.26	121.35	120.52
Goodwill	49.45	49.45	49.45	49.45	49.45
Other Intangible Assets	89.83	66.38	141.91	147.27	205.58
Long-Term Accounts Receivable	-	-	-	77.29	18.62
Long-Term Deferred Tax Assets	533.38	544.12	553.15	630.18	579.63
Other Long-Term Assets	331.22	291.58	281.53	352.81	253.66
Total Assets	24,888	23,844	21,792	19,978	20,184
Accounts Payable	3,929	3,216	3,867	4,087	4,596
Accrued Expenses	-	1,103	1,142	1,079	1,188
Short-Term Debt	-	21.51	17.16	12.81	10.17
Current Portion of Long-Term Debt	7,563	7,198	5,208	4,196	4,698
Current Portion of Leases	2.91	5.59	4.89	3.06	0.44
Current Income Taxes Payable	45.65	64.31	100.2	165.7	232.05
Current Unearned Revenue	1,013	1,223	1,600	1,042	564.88
Other Current Liabilities	1,775	838.72	913.71	911.09	810.48
Total Current Liabilities	14,329	13,669	12,853	11,495	12,100
Long-Term Debt	2,304	2,243	1,505	1,427	1,451
Long-Term Leases	1.62	2.35	5.87	10	4.02
Long-Term Unearned Revenue	228.54	272.46	222.65	225.9	226.96
Long-Term Deferred Tax Liabilities	9	7.5	9	10	20.88
Total Liabilities	16,873	16,194	14,596	13,168	13,803
Common Stock	74.7	74.7	74.7	74.7	74.7
Additional Paid-In Capital	-	408.24	408.24	408.24	408.24
Retained Earnings	-	5,630	5,394	5,114	4,778
Comprehensive Income & Other	6,575	258.02	262.21	297.69	336.89
Total Common Equity	6,650	6,371	6,139	5,894	5,598
Minority Interest	1,366	1,279	1,058	916.16	782.75
Shareholders' Equity	8,016	7,650	7,197	6,810	6,381
Total Liabilities & Equity	24,888	23,844	21,792	19,978	20,184
Total Debt	9,872	9,470	6,741	5,648	6,164
Net Cash (Debt)	-6,028	-5,827	-3,103	-3,368	-3,089
Net Cash Per Share	-5.46	-5.28	-2.81	-3.05	-2.80
Filing Date Shares Outstanding	1,104	1,104	1,104	1,104	1,104
Total Common Shares Outstanding	1,104	1,104	1,104	1,104	1,104
Working Capital	4,201	3,663	2,301	1,552	1,501
Book Value Per Share	6.02	5.77	5.56	5.34	5.07
Tangible Book Value	6,511	6,255	5,948	5,697	5,343
Tangible Book Value Per Share	5.90	5.67	5.39	5.16	4.84
Buildings	-	2,921	3,041	2,900	2,831
Machinery	-	5,345	5,090	4,635	4,271
Construction In Progress	-	523.99	549.65	998.46	856.57

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