Wasion 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	3,015	2,790	2,645	2,028	2,579
Short-Term Investments	-	50	120	-	-
Trading Asset Securities	-	-	200	70	-
Cash & Short-Term Investments	3,015	2,840	2,965	2,098	2,579
Cash Growth	6.16%	-4.20%	41.33%	-18.65%	1.71%
Accounts Receivable	7,537	6,210	4,955	4,948	4,662
Other Receivables	320.77	343.33	327.71	368.64	337.97
Receivables	7,866	6,652	5,394	5,425	5,119
Inventory	1,438	1,264	1,206	1,081	990.76
Prepaid Expenses	9.72	16.06	23.85	35.44	39.16
Other Current Assets	989.57	1,002	901.24	1,157	860.54
Total Current Assets	13,319	11,774	10,489	9,796	9,588
Property, Plant & Equipment	2,520	2,280	2,142	1,807	1,670
Long-Term Investments	323.62	324.15	101.07	293.07	267
Goodwill	330.64	330.64	330.64	330.64	338.32
Other Intangible Assets	90.64	94.58	72.14	53.44	49.32
Long-Term Deferred Tax Assets	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	323.34	352.33	88.51	75.93	69.61
Total Assets	17,583	15,727	13,880	13,026	12,672
Accounts Payable	5,952	5,082	3,939	3,642	3,313
Accrued Expenses	211.54	153.04	143.57	115.25	81.59
Current Portion of Long-Term Debt	1,401	1,616	1,679	1,715	2,047
Current Portion of Leases	9.26	15.72	5.22	9.29	7.89
Current Income Taxes Payable	137.1	110.8	101.58	100.05	74.53
Current Unearned Revenue	146.67	178.76	199.14	176.62	111.25
Other Current Liabilities	238.01	196.14	160.36	155.06	124.04
Total Current Liabilities	8,095	7,352	6,228	5,913	5,759
Long-Term Debt	1,086	971.47	835.14	946.84	790.34
Long-Term Leases	12.82	19.52	3.8	4.54	8.9
Long-Term Deferred Tax Liabilities	45.69	38.87	36.85	33.5	34.47
Other Long-Term Liabilities	27.45	24.26	-	-	-
Total Liabilities	9,267	8,406	7,103	6,898	6,592
Common Stock	9.91	9.91	9.91	9.91	9.91
Additional Paid-In Capital	17.75	217.75	472	678.27	846.79
Retained Earnings	6,067	5,162	4,429	3,908	3,584
Comprehensive Income & Other	141.35	42.77	255.89	60.13	191.42
Total Common Equity	6,236	5,433	5,167	4,656	4,632
Minority Interest	2,080	1,888	1,610	1,473	1,448
Shareholders' Equity	8,315	7,321	6,777	6,128	6,080
Total Liabilities & Equity	17,583	15,727	13,880	13,026	12,672
Total Debt	2,509	2,622	2,523	2,675	2,854
Net Cash (Debt)	506.27	217.87	441.43	-577.54	-274.74
Net Cash Growth	132.37%	-50.64%	-	-	-
Net Cash Per Share	0.51	0.22	0.45	-0.59	-0.28
Filing Date Shares Outstanding	995.88	995.88	995.88	995.88	995.88
Total Common Shares Outstanding	995.88	995.88	995.88	995.88	995.88
Working Capital	5,223	4,422	4,262	3,884	3,830
Book Value Per Share	6.26	5.46	5.19	4.68	4.65
Tangible Book Value	5,814	5,007	4,764	4,272	4,244
Tangible Book Value Per Share	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	-	-	-	-

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