Yutong Bus Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	4,350	8,667	6,434	7,035	5,631	6,151
Short-Term Investments	-	-	817.96	151.01	185.52	-
Trading Asset Securities	4,124	860.1	100.12	0.02	387.59	912.54
Cash & Short-Term Investments	8,474	9,527	7,352	7,186	6,204	7,063
Cash Growth	-6.81%	29.59%	2.31%	15.82%	-12.16%	-2.75%
Accounts Receivable	4,958	4,977	4,678	5,164	6,475	9,452
Other Receivables	702.23	1,022	1,203	1,033	1,325	1,085
Receivables	5,660	6,799	6,922	6,197	7,800	10,537
Inventory	4,393	3,513	4,513	4,894	6,106	5,017
Prepaid Expenses	-	49.49	33.93	8.96	37.05	20.3
Other Current Assets	2,095	1,142	792.73	713.18	608.22	308.32
Total Current Assets	20,622	21,031	19,614	18,998	20,756	22,946
Property, Plant & Equipment	3,848	3,865	4,382	4,446	4,840	4,897
Long-Term Investments	3,423	3,835	3,680	3,237	3,625	3,016
Goodwill	0.1	0.1	0.1	0.1	0.1	0.1
Other Intangible Assets	1,474	1,506	1,544	1,565	1,214	1,241
Long-Term Accounts Receivable	118.22	93.88	21.89	81.29	239.03	-
Long-Term Deferred Tax Assets	1,762	1,790	1,599	1,656	1,460	1,166
Long-Term Deferred Charges	8.61	6.58	0.89	0.18	0.7	11.96
Other Long-Term Assets	503.21	23.47	15.04	14.99	30.36	33.68
Total Assets	31,758	32,151	30,857	29,998	32,166	33,312
Accounts Payable	5,564	6,779	6,337	6,841	7,994	9,468
Accrued Expenses	1,492	2,249	1,598	1,484	3,061	2,522
Short-Term Debt	-	-	-	-	-	75
Current Portion of Leases	32.71	19.81	4.11	6.76	6.51	-
Current Income Taxes Payable	590.82	611.81	14.39	40.84	112.23	22.34
Current Unearned Revenue	2,213	1,609	2,477	1,320	1,761	2,338
Other Current Liabilities	3,176	3,221	3,253	2,887	995.93	589.5
Total Current Liabilities	13,068	14,489	13,684	12,580	13,930	15,015
Long-Term Leases	156.34	39.76	13.53	3.66	7.75	-
Long-Term Unearned Revenue	554.83	473.1	500.6	669.16	808.99	2,710
Long-Term Deferred Tax Liabilities	199.1	168.87	215.88	159.16	162.48	136.76
Other Long-Term Liabilities	4,122	3,322	2,386	1,990	1,913	7.45
Total Liabilities	18,100	18,493	16,800	15,402	16,823	17,869
Common Stock	2,214	2,214	2,214	2,214	2,263	2,214
Additional Paid-In Capital	1,506	1,506	1,506	1,494	1,788	1,271
Retained Earnings	9,904	9,878	10,113	10,505	10,752	11,207
Treasury Stock	-	-	-	-	-342.45	-
Comprehensive Income & Other	-209.07	-174.43	86.17	259.45	758.57	641.7
Total Common Equity	13,415	13,424	13,919	14,473	15,219	15,334
Minority Interest	242.88	233.74	137.65	123.46	124.48	109.03
Shareholders' Equity	13,658	13,658	14,057	14,596	15,343	15,443
Total Liabilities & Equity	31,758	32,151	30,857	29,998	32,166	33,312
Total Debt	189.06	59.57	17.64	10.42	14.26	75
Net Cash (Debt)	8,285	9,468	7,334	7,175	6,190	6,988
Net Cash Growth	-8.70%	29.09%	2.22%	15.91%	-11.42%	-3.79%
Net Cash Per Share	3.75	4.28	3.31	3.21	2.82	2.84
Filing Date Shares Outstanding	2,214	2,214	2,214	2,214	2,263	2,214
Total Common Shares Outstanding	2,214	2,214	2,214	2,214	2,263	2,214
Working Capital	7,554	6,542	5,930	6,418	6,826	7,931
Book Value Per Share	6.06	6.06	6.29	6.54	6.73	6.93
Tangible Book Value	11,941	11,918	12,375	12,908	14,005	14,092
Tangible Book Value Per Share	5.39	5.38	5.59	5.83	6.19	6.37
Buildings	-	5,972	5,993	5,966	5,591	5,448
Machinery	-	6,028	6,077	5,525	5,141	4,640
Construction In Progress	-	185.52	190	276.43	745.33	773.87

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