Zhejiang Juhua 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	Sep '26 Sep 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	3,535	5,327	2,664	1,818	2,547	1,539
Short-Term Investments	-	280	19.24	299.99	199.99	150.3
Trading Asset Securities	-	-	-	1.13	404.18	500.05
Cash & Short-Term Investments	3,535	5,607	2,683	2,119	3,151	2,189
Cash Growth	-12.77%	108.99%	26.63%	-32.77%	43.95%	-19.99%
Accounts Receivable	3,227	2,535	2,576	2,204	2,581	1,906
Other Receivables	38.2	598.26	254.66	166.98	283.83	192.81
Receivables	3,265	3,133	2,831	2,371	2,865	2,099
Inventory	3,258	2,471	2,283	1,764	1,728	1,735
Prepaid Expenses	-	-	-	0.22	-	0.76
Other Current Assets	1,544	165.18	223.81	166.95	86.09	134.07
Total Current Assets	11,602	11,376	8,021	6,421	7,830	6,158
Property, Plant & Equipment	25,071	20,245	14,922	12,490	11,250	8,763
Long-Term Investments	3,778	3,708	3,515	3,055	2,509	1,937
Goodwill	544.28	544.28	544.28	16	16	16
Other Intangible Assets	1,318	1,261	1,018	675.91	687.29	711.34
Long-Term Accounts Receivable	6.27	7.96	10.05	11.84	12.94	16.13
Long-Term Deferred Tax Assets	148.67	150.33	133.69	114.12	157.48	140.78
Long-Term Deferred Charges	73.38	64.1	61.94	54.07	34.46	42.86
Other Long-Term Assets	957.75	851.93	297.01	546.53	129.56	109.94
Total Assets	43,498	38,208	28,524	23,384	22,627	17,894

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	5,950	6,055	3,016	2,903	3,666	2,505
Accrued Expenses	135.94	165.56	117.41	101.27	157.99	163.8
Short-Term Debt	1,053	881.25	1,212	605.05	181.85	269.26
Current Portion of Long-Term Debt	1,553	538.93	275.94	241.01	40.62	26
Current Portion of Leases	-	22.93	17.36	15.99	14.01	11.29
Current Income Taxes Payable	269.54	303.71	180.31	20.8	232.82	40.09
Current Unearned Revenue	406.69	363.21	245.69	245.98	256.77	308.83
Other Current Liabilities	404.75	838.63	445.61	382.79	353.79	228.79
Total Current Liabilities	9,772	9,169	5,510	4,516	4,904	3,553
Long-Term Debt	7,135	4,528	2,795	1,831	1,394	228.25
Long-Term Leases	149.29	153.63	177.23	176.23	180.51	177.41
Long-Term Unearned Revenue	820.32	807.7	712.51	442.73	319.53	257.12
Long-Term Deferred Tax Liabilities	25.16	27.45	38.63	20.47	22.35	22.15
Other Long-Term Liabilities	-	16.59	18.01	19.85	21.73	24.1
Total Liabilities	17,902	14,702	9,252	7,007	6,842	4,262

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	2,700	2,700	2,700	2,700	2,700	2,700
Additional Paid-In Capital	4,668	4,668	4,741	4,666	4,290	4,286
Retained Earnings	14,697	12,895	10,219	8,569	8,355	6,325
Comprehensive Income & Other	170.93	169.8	189.8	140.32	124.22	22.86
Total Common Equity	22,236	20,433	17,849	16,075	15,468	13,334
Minority Interest	3,360	3,074	1,423	301.86	316.05	298.41
Shareholders' Equity	25,596	23,506	19,272	16,377	15,784	13,632
Total Liabilities & Equity	43,498	38,208	28,524	23,384	22,627	17,894

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	9,890	6,124	4,478	2,870	1,811	712.2
Net Cash (Debt)	-6,355	-517.01	-1,795	-750.95	1,340	1,477
Net Cash Growth	-	-	-	-	-9.26%	-29.94%
Net Cash Per Share	-2.35	-0.19	-0.66	-0.28	0.50	0.55
Filing Date Shares Outstanding	2,700	2,700	2,700	2,700	2,700	2,700
Total Common Shares Outstanding	2,700	2,700	2,700	2,700	2,700	2,700
Working Capital	1,829	2,207	2,511	1,905	2,926	2,605
Book Value Per Share	8.24	7.57	6.61	5.95	5.73	4.94
Tangible Book Value	20,374	18,627	16,286	15,383	14,765	12,606
Tangible Book Value Per Share	7.55	6.90	6.03	5.70	5.47	4.67
Buildings	-	3,728	3,710	2,971	2,382	2,307
Machinery	-	19,081	18,614	15,405	12,672	12,003
Construction In Progress	-	8,848	2,934	2,811	4,553	2,221