Wasion Holdings Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	3,660	3,015	2,790	2,645	2,028	2,579
Short-Term Investments	-	-	50	120	-	-
Trading Asset Securities	335	-	-	200	70	-
Cash & Short-Term Investments	3,995	3,015	2,840	2,965	2,098	2,579
Cash Growth	58.10%	6.16%	-4.20%	41.33%	-18.65%	1.71%
Accounts Receivable	8,853	7,537	6,210	4,955	4,948	4,662
Other Receivables	285.35	320.77	343.33	327.71	368.64	337.97
Receivables	9,142	7,866	6,652	5,394	5,425	5,119
Inventory	2,047	1,438	1,264	1,206	1,081	990.76
Prepaid Expenses	127.24	9.72	16.06	23.85	35.44	39.16
Other Current Assets	960.26	989.57	1,002	901.24	1,157	860.54
Total Current Assets	16,271	13,319	11,774	10,489	9,796	9,588
Property, Plant & Equipment	2,605	2,520	2,280	2,142	1,807	1,670
Long-Term Investments	134.31	323.62	324.15	101.07	293.07	267
Goodwill	368.69	330.64	330.64	330.64	330.64	338.32
Other Intangible Assets	582.68	90.64	94.58	72.14	53.44	49.32
Long-Term Deferred Tax Assets	163.7	162.87	153.79	119.56	91.46	62.14
Long-Term Deferred Charges	-	428.62	417	451.68	493.05	518.89
Other Long-Term Assets	310.72	323.34	352.33	88.51	75.93	69.61
Total Assets	20,521	17,583	15,727	13,880	13,026	12,672

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Accounts Payable	7,077	5,952	5,082	3,939	3,642	3,313
Accrued Expenses	115.15	211.54	153.04	143.57	115.25	81.59
Current Portion of Long-Term Debt	1,440	1,401	1,616	1,679	1,715	2,047
Current Portion of Leases	10.57	9.26	15.72	5.22	9.29	7.89
Current Income Taxes Payable	81.22	137.1	110.8	101.58	100.05	74.53
Current Unearned Revenue	142.84	146.67	178.76	199.14	176.62	111.25
Other Current Liabilities	260.3	238.01	196.14	160.36	155.06	124.04
Total Current Liabilities	9,128	8,095	7,352	6,228	5,913	5,759
Long-Term Debt	904.34	1,086	971.47	835.14	946.84	790.34
Long-Term Leases	11.37	12.82	19.52	3.8	4.54	8.9
Long-Term Deferred Tax Liabilities	54.48	45.69	38.87	36.85	33.5	34.47
Other Long-Term Liabilities	1,437	27.45	24.26	-	-	-
Total Liabilities	11,581	9,267	8,406	7,103	6,898	6,592

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Common Stock	10.34	9.91	9.91	9.91	9.91	9.91
Additional Paid-In Capital	1,308	17.75	217.75	472	678.27	846.79
Retained Earnings	6,070	6,067	5,162	4,429	3,908	3,584
Comprehensive Income & Other	-932.75	141.35	42.77	255.89	60.13	191.42
Total Common Equity	6,439	6,236	5,433	5,167	4,656	4,632
Minority Interest	2,502	2,080	1,888	1,610	1,473	1,448
Shareholders' Equity	8,940	8,315	7,321	6,777	6,128	6,080
Total Liabilities & Equity	20,521	17,583	15,727	13,880	13,026	12,672

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Total Debt	2,367	2,509	2,622	2,523	2,675	2,854
Net Cash (Debt)	1,628	506.27	217.87	441.43	-577.54	-274.74
Net Cash Growth	-	132.37%	-50.64%	-	-	-
Net Cash Per Share	1.63	0.51	0.22	0.45	-0.59	-0.28
Filing Date Shares Outstanding	1,045	995.88	995.88	995.88	995.88	995.88
Total Common Shares Outstanding	1,045	995.88	995.88	995.88	995.88	995.88
Working Capital	7,143	5,223	4,422	4,262	3,884	3,830
Book Value Per Share	6.16	6.26	5.46	5.19	4.68	4.65
Tangible Book Value	5,487	5,814	5,007	4,764	4,272	4,244
Tangible Book Value Per Share	5.25	5.84	5.03	4.78	4.29	4.26
Buildings	-	2,027	1,895	1,561	1,309	1,303
Machinery	-	1,072	875.04	790.81	683	552.09
Construction In Progress	-	55.89	35.41	251.48	200.09	144.43
Leasehold Improvements	-	177.68	122.42	95.1	81.32	60.88
Order Backlog	-	4,059	-	-	-	-