Ningbo Yunsheng 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	972.95	1,051	1,283	1,397	366.5
Short-Term Investments	-	104.78	-	-	-
Trading Asset Securities	265.28	404.17	383.01	199.42	1,037
Cash & Short-Term Investments	1,238	1,560	1,666	1,596	1,403
Cash Growth	-20.61%	-6.37%	4.38%	13.74%	-21.02%
Accounts Receivable	2,767	2,324	2,221	2,270	1,189
Other Receivables	10.7	4.23	1.65	9.64	25.32
Receivables	2,778	2,328	2,223	2,279	1,215
Inventory	1,940	1,401	1,676	2,875	2,249
Prepaid Expenses	-	6.96	5.61	-	2.56
Other Current Assets	1,398	321	96.32	224.01	101.91
Total Current Assets	7,355	5,617	5,667	6,974	4,971
Property, Plant & Equipment	1,975	1,903	1,782	1,594	1,341
Long-Term Investments	804.86	887.06	498.06	564.37	515.5
Goodwill	-	-	1.31	-	-
Other Intangible Assets	181.47	197.25	163.5	137.5	139.41
Long-Term Deferred Tax Assets	212.88	225.01	180.37	100.2	40.21
Long-Term Deferred Charges	31.74	28.5	20.59	18.84	21.46
Other Long-Term Assets	203.14	165.2	249.32	304.72	254.43
Total Assets	10,764	9,023	8,562	9,694	7,284
Accounts Payable	2,675	1,617	942.33	1,127	740.77
Accrued Expenses	91.65	218.27	217.27	167.71	212.64
Short-Term Debt	99.5	181.3	315.54	1,363	1,336
Current Portion of Long-Term Debt	486.28	503.04	212.52	105.49	-
Current Portion of Leases	-	4.25	-	-	-
Current Income Taxes Payable	32.01	16.23	2.02	23.69	18.78
Current Unearned Revenue	12.76	25.53	27.83	19.85	14.2
Other Current Liabilities	329.37	124.91	171.67	229.13	29.2
Total Current Liabilities	3,726	2,691	1,889	3,036	2,352
Long-Term Debt	739.1	360	699	495	50
Long-Term Leases	6.73	-	-	-	-
Long-Term Unearned Revenue	19.03	26.86	15.48	20.38	16.38
Long-Term Deferred Tax Liabilities	16.44	13.23	13.5	8.52	-
Total Liabilities	4,508	3,091	2,617	3,560	2,418
Common Stock	1,099	1,099	1,112	1,112	989.11
Additional Paid-In Capital	1,282	1,251	1,305	1,266	189.76
Retained Earnings	3,988	3,711	3,671	4,009	3,751
Treasury Stock	-167.16	-173.38	-185.13	-265.29	-72.41
Comprehensive Income & Other	15.22	6.51	4.72	2.08	-0.86
Total Common Equity	6,217	5,895	5,908	6,124	4,856
Minority Interest	38.6	37.86	37.22	10.53	9.05
Shareholders' Equity	6,256	5,932	5,945	6,135	4,865
Total Liabilities & Equity	10,764	9,023	8,562	9,694	7,284
Total Debt	1,332	1,049	1,227	1,963	1,386
Net Cash (Debt)	-93.39	511.14	438.82	-367.3	17.02
Net Cash Growth	-	16.48%	-	-	-98.16%
Net Cash Per Share	-0.09	0.47	0.40	-0.37	0.02
Filing Date Shares Outstanding	1,075	1,076	1,102	1,099	977.7
Total Common Shares Outstanding	1,075	1,076	1,102	1,099	977.7
Working Capital	3,628	2,926	3,778	3,939	2,619
Book Value Per Share	5.78	5.48	5.36	5.57	4.97
Tangible Book Value	6,036	5,697	5,743	5,986	4,717
Tangible Book Value Per Share	5.61	5.29	5.21	5.45	4.82
Buildings	-	1,328	1,263	1,217	1,209
Machinery	-	1,060	977.1	765.1	650.39
Construction In Progress	-	330.68	252.93	193.14	70.75

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