Epiworld International 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	1,214	2,031	549.52	274.42
Short-Term Investments	617.48	2.35	21.75	1.71
Cash & Short-Term Investments	1,831	2,033	571.27	276.13
Cash Growth	-9.91%	255.87%	106.89%	-
Accounts Receivable	354.59	129.65	78.67	106.8
Other Receivables	39.45	33.26	22.49	8.56
Receivables	394.04	162.9	101.15	115.36
Inventory	305.51	247.64	351.09	91.4
Other Current Assets	11.71	5.12	6.86	14.31
Total Current Assets	2,543	2,449	1,030	497.21
Property, Plant & Equipment	1,965	2,048	2,038	874.16
Long-Term Investments	-	-	-	20.12
Other Intangible Assets	1.41	2.08	0.92	0.08
Long-Term Deferred Tax Assets	2.95	0.05	-	24.09
Other Long-Term Assets	11.37	4.51	4.7	37.95
Total Assets	4,524	4,503	3,074	1,454
Accounts Payable	163.66	71.88	32.91	54.86
Accrued Expenses	15.57	13.87	13.44	8.63
Current Portion of Long-Term Debt	162.45	303.54	315.18	142.41
Current Portion of Leases	0.07	0.07	0.26	0.34
Current Income Taxes Payable	37.27	59.77	-	-
Current Unearned Revenue	0.19	6.8	3.73	5.76
Other Current Liabilities	96.51	149.22	194.96	387.08
Total Current Liabilities	475.7	605.14	560.49	599.08
Long-Term Debt	724.21	808.59	811.81	170.78
Long-Term Unearned Revenue	313.37	260.76	205.57	100.23
Long-Term Deferred Tax Liabilities	0.88	14.96	31.56	-
Total Liabilities	1,514	1,689	1,609	870.1
Common Stock	404.09	404.09	388.19	214.85
Additional Paid-In Capital	1,962	1,962	947.41	568.13
Retained Earnings	116.06	104.18	-60.89	-78.34
Comprehensive Income & Other	528.03	343.7	189.45	-121.13
Shareholders' Equity	3,010	2,813	1,464	583.5
Total Liabilities & Equity	4,524	4,503	3,074	1,454
Total Debt	886.73	1,112	1,127	313.53
Net Cash (Debt)	944.75	920.8	-555.98	-37.4
Net Cash Growth	2.60%	-	-	-
Net Cash Per Share	2.34	2.40	-1.64	-0.12
Filing Date Shares Outstanding	404.09	404.09	339.62	316.66
Total Common Shares Outstanding	404.09	404.09	339.62	316.66
Working Capital	2,067	1,844	469.89	-101.88
Book Value Per Share	7.45	6.96	4.31	1.84
Tangible Book Value	3,008	2,811	1,463	583.43
Tangible Book Value Per Share	7.44	6.96	4.31	1.84
Land	39.44	39.41	39.41	39.41
Buildings	482.98	329.36	329.85	150.11
Machinery	1,760	1,421	1,237	495.49
Construction In Progress	165	562.49	591.28	289.69

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