WellCell 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	53.97	104.98	23.81	42.2	21.54
Cash & Short-Term Investments	53.97	104.98	23.81	42.2	21.54
Cash Growth	-48.59%	340.92%	-43.58%	95.89%	-6.87%
Accounts Receivable	155.75	160.34	132.77	103.29	104.26
Other Receivables	6.86	13.26	1.74	2.59	3.1
Receivables	162.61	173.6	134.5	105.88	107.35
Inventory	2.37	-	-	-	-
Other Current Assets	14.59	9.45	20.68	10.17	14.75
Total Current Assets	233.55	288.03	178.99	158.25	143.64
Property, Plant & Equipment	14.32	14.46	1.49	2.53	3.19
Long-Term Investments	62.44	11.6	-	-	-
Goodwill	1.07	-	-	-	-
Other Intangible Assets	19.46	10.38	0.76	1.61	2.84
Long-Term Deferred Tax Assets	-	0.86	2.35	0.79	0.2
Total Assets	330.83	325.32	183.59	163.18	149.86
Accounts Payable	7.64	6.02	6.97	5.22	17.2
Accrued Expenses	61.76	69.92	50.41	36.78	38.38
Short-Term Debt	1.54	10.81	0.82	1.86	3.97
Current Portion of Long-Term Debt	29.52	32	24	22	4.42
Current Portion of Leases	1.55	1.17	0.05	0.08	0.4
Current Income Taxes Payable	-	0.29	-	-	-
Current Unearned Revenue	2.29	0.4	1.42	2.3	6.5
Other Current Liabilities	10.85	3.31	10.68	6.2	4.44
Total Current Liabilities	115.14	123.92	94.34	74.44	75.3
Long-Term Debt	-	-	4	8	3.44
Long-Term Leases	0.56	1.04	0.1	-	0.04
Long-Term Deferred Tax Liabilities	0.05	-	-	-	-
Total Liabilities	115.75	124.95	98.44	82.44	78.78
Common Stock	4.55	4.55	-	22	22
Additional Paid-In Capital	90.58	90.58	-	-	-
Retained Earnings	125.23	109.9	89.76	85.35	75.69
Comprehensive Income & Other	-5.56	-4.66	-4.61	-26.61	-26.61
Total Common Equity	214.8	200.37	85.15	80.74	71.09
Minority Interest	0.28	-	-	-	-
Shareholders' Equity	215.08	200.37	85.15	80.74	71.09
Total Liabilities & Equity	330.83	325.32	183.59	163.18	149.86
Total Debt	33.17	45.01	28.96	31.94	12.27
Net Cash (Debt)	20.8	59.97	-5.15	10.26	9.28
Net Cash Growth	-65.31%	-	-	10.55%	-38.18%
Net Cash Per Share	0.02	0.06	-0.00	0.00	-
Filing Date Shares Outstanding	1,000	4,000	3,000	3,000	-
Total Common Shares Outstanding	1,000	4,000	3,000	3,000	-
Working Capital	118.41	164.11	84.65	83.81	68.35
Book Value Per Share	0.21	0.05	0.03	0.03	-
Tangible Book Value	194.28	189.99	84.39	79.14	68.25
Tangible Book Value Per Share	0.19	0.05	0.03	0.03	-
Machinery	13.28	14.31	7.26	7.19	6.04
Leasehold Improvements	6.18	5.77	0.66	0.66	0.57

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