Zhejiang Golden Eagle 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	318.9	278.08	292.6	312.5	389.76	352.12
Trading Asset Securities	-	-	17.87	2.25	4.78	-
Cash & Short-Term Investments	318.9	278.08	310.47	314.76	394.54	352.12
Cash Growth	34.84%	-10.43%	-1.36%	-20.22%	12.05%	45.65%
Accounts Receivable	498.46	428.14	389.19	355.02	345.28	355.08
Other Receivables	10.17	9.15	11.66	14.08	20.73	24.75
Receivables	508.63	437.29	400.85	369.1	366.01	379.83
Inventory	629.84	700.97	598.23	541.31	519.14	593.16
Prepaid Expenses	-	0.21	-	-	0.57	0.36
Other Current Assets	85.5	34.5	35.12	39.7	41.3	55.09
Total Current Assets	1,543	1,451	1,345	1,265	1,322	1,381
Property, Plant & Equipment	297.21	282.09	303.04	330.16	341.08	359.91
Other Intangible Assets	67.93	45.15	46.64	48.15	49.64	54.91
Long-Term Deferred Tax Assets	27.93	27.9	20.07	22.4	20.51	19.51
Long-Term Deferred Charges	0.39	-	3.03	3.08	1.04	3.27
Other Long-Term Assets	-	0.33	0.12	1.81	1.56	5.26
Total Assets	1,936	1,807	1,718	1,670	1,735	1,823
Accounts Payable	439.84	307.81	315.95	356.59	337.31	358.05
Accrued Expenses	20.38	35.86	33.79	42.15	34.81	34
Short-Term Debt	264.78	279.27	214.49	99.68	188.31	229.63
Current Portion of Long-Term Debt	33.07	43.06	-	-	-	-
Current Portion of Leases	-	0.12	0.08	-	0.5	-
Current Income Taxes Payable	7.7	6.15	9.66	5.14	7.24	18.96
Current Unearned Revenue	60.09	36.35	37.97	42.66	56.47	40.59
Other Current Liabilities	18.25	14.61	17.21	16.78	11.6	16.08
Total Current Liabilities	844.09	723.23	629.15	563	636.24	697.31
Long-Term Debt	68.57	61.08	-	-	-	-
Long-Term Leases	0.33	-	0.08	-	0.74	-
Long-Term Unearned Revenue	2.49	0.87	1.15	1.46	1.78	1.71
Long-Term Deferred Tax Liabilities	2.91	2.91	3.87	4.5	5.19	6.31
Other Long-Term Liabilities	-	-	1.44	-	-	-
Total Liabilities	918.4	788.1	635.69	568.95	643.95	705.33
Common Stock	364.72	364.72	364.72	364.72	364.72	364.72
Additional Paid-In Capital	409.81	409.81	409.81	388.81	400.49	400.49
Retained Earnings	163.34	191.39	260.21	297.82	319.73	342.06
Treasury Stock	-	-	-	-	-40.04	-40.04
Comprehensive Income & Other	1.72	1.72	0.96	0.47	-	-
Total Common Equity	939.59	967.64	1,036	1,052	1,045	1,067
Minority Interest	78.33	50.79	46.18	49.71	46.55	50.85
Shareholders' Equity	1,018	1,018	1,082	1,102	1,091	1,118
Total Liabilities & Equity	1,936	1,807	1,718	1,670	1,735	1,823
Total Debt	366.75	383.52	214.65	99.68	189.55	229.63
Net Cash (Debt)	-47.85	-105.44	95.83	215.08	204.99	122.5
Net Cash Growth	-	-	-55.45%	4.92%	67.34%	286.22%
Net Cash Per Share	-0.13	-0.29	0.27	0.61	0.58	0.35
Filing Date Shares Outstanding	364.72	364.72	364.72	364.72	357.01	357.01
Total Common Shares Outstanding	364.72	364.72	364.72	364.72	357.01	357.01
Working Capital	698.78	727.82	715.53	701.88	685.32	683.25
Book Value Per Share	2.58	2.65	2.84	2.88	2.93	2.99
Tangible Book Value	871.66	922.49	989.06	1,004	995.25	1,012
Tangible Book Value Per Share	2.39	2.53	2.71	2.75	2.79	2.84
Buildings	-	393.86	390.39	389.97	365.67	365.36
Machinery	-	613.93	629.91	635.29	641.3	651.21
Construction In Progress	-	0.77	0.29	0.09	2.55	1.79

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