Ningbo Yunsheng 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	690.34	1,051	1,283	1,397	366.5	266.27
Short-Term Investments	-	104.78	-	-	-	-
Trading Asset Securities	496.63	404.17	383.01	199.42	1,037	1,510
Cash & Short-Term Investments	1,187	1,560	1,666	1,596	1,403	1,777
Cash Growth	-25.65%	-6.37%	4.38%	13.74%	-21.02%	-1.27%
Accounts Receivable	2,702	2,324	2,221	2,270	1,189	689.61
Other Receivables	5.25	4.23	1.65	9.64	25.32	41.54
Receivables	2,708	2,328	2,223	2,279	1,215	731.15
Inventory	1,945	1,401	1,676	2,875	2,249	1,013
Prepaid Expenses	-	6.96	5.61	-	2.56	3.55
Other Current Assets	1,336	321	96.32	224.01	101.91	46.11
Total Current Assets	7,176	5,617	5,667	6,974	4,971	3,570
Property, Plant & Equipment	1,994	1,903	1,782	1,594	1,341	1,377
Long-Term Investments	549.54	887.06	498.06	564.37	515.5	622.53
Goodwill	-	-	1.31	-	-	-
Other Intangible Assets	136.25	197.25	163.5	137.5	139.41	150.52
Long-Term Deferred Tax Assets	207.01	225.01	180.37	100.2	40.21	52.94
Long-Term Deferred Charges	23.95	28.5	20.59	18.84	21.46	30.61
Other Long-Term Assets	214.21	165.2	249.32	304.72	254.43	203.16
Total Assets	10,302	9,023	8,562	9,694	7,284	6,007
Accounts Payable	2,413	1,617	942.33	1,127	740.77	348.88
Accrued Expenses	86.86	218.27	217.27	167.71	212.64	203.18
Short-Term Debt	151.7	181.3	315.54	1,363	1,336	800.61
Current Portion of Long-Term Debt	514.37	503.04	212.52	105.49	-	-
Current Portion of Leases	-	4.25	-	-	-	-
Current Income Taxes Payable	36.51	16.23	2.02	23.69	18.78	13.25
Current Unearned Revenue	11.08	25.53	27.83	19.85	14.2	14.11
Other Current Liabilities	223.22	124.91	171.67	229.13	29.2	126.56
Total Current Liabilities	3,437	2,691	1,889	3,036	2,352	1,507
Long-Term Debt	663	360	699	495	50	50
Long-Term Unearned Revenue	24.04	26.86	15.48	20.38	16.38	16.51
Long-Term Deferred Tax Liabilities	12.15	13.23	13.5	8.52	-	3.46
Total Liabilities	4,144	3,091	2,617	3,560	2,418	1,577
Common Stock	1,099	1,099	1,112	1,112	989.11	989.11
Additional Paid-In Capital	1,251	1,251	1,305	1,266	189.76	174.88
Retained Earnings	3,933	3,711	3,671	4,009	3,751	3,330
Treasury Stock	-173.38	-173.38	-185.13	-265.29	-72.41	-109.68
Comprehensive Income & Other	10.39	6.51	4.72	2.08	-0.86	0.21
Total Common Equity	6,121	5,895	5,908	6,124	4,856	4,384
Minority Interest	37.25	37.86	37.22	10.53	9.05	46.24
Shareholders' Equity	6,158	5,932	5,945	6,135	4,865	4,430
Total Liabilities & Equity	10,302	9,023	8,562	9,694	7,284	6,007
Total Debt	1,336	1,049	1,227	1,963	1,386	850.61
Net Cash (Debt)	-149.26	511.14	438.82	-367.3	17.02	925.9
Net Cash Growth	-	16.48%	-	-	-98.16%	-11.71%
Net Cash Per Share	-0.14	0.47	0.40	-0.37	0.02	0.95
Filing Date Shares Outstanding	1,076	1,076	1,102	1,099	977.7	971.81
Total Common Shares Outstanding	1,076	1,076	1,102	1,099	977.7	971.81
Working Capital	3,739	2,926	3,778	3,939	2,619	2,063
Book Value Per Share	5.69	5.48	5.36	5.57	4.97	4.51
Tangible Book Value	5,985	5,697	5,743	5,986	4,717	4,234
Tangible Book Value Per Share	5.56	5.29	5.21	5.45	4.82	4.36
Buildings	-	1,328	1,263	1,217	1,209	1,237
Machinery	-	1,060	977.1	765.1	650.39	670.51
Construction In Progress	-	330.68	252.93	193.14	70.75	64.74

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