Wolong Electric Group 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	3,720	3,187	2,647	2,305	2,338
Trading Asset Securities	347.78	181.97	14.4	5.48	-
Cash & Short-Term Investments	4,068	3,369	2,662	2,311	2,338
Cash Growth	20.74%	26.58%	15.20%	-1.20%	5.83%
Accounts Receivable	5,709	6,496	6,105	5,694	5,151
Other Receivables	498.07	188.65	318.31	690.03	718.66
Receivables	6,207	6,685	6,423	6,384	5,869
Inventory	3,595	3,617	3,405	3,268	2,999
Prepaid Expenses	-	-	-	11.22	-
Other Current Assets	725.87	687.43	590.26	577.31	403.61
Total Current Assets	14,596	14,358	13,080	12,551	11,610
Property, Plant & Equipment	4,822	6,194	5,832	5,063	4,754
Long-Term Investments	1,426	1,381	1,466	1,865	1,843
Goodwill	1,450	1,459	1,459	1,456	1,420
Other Intangible Assets	2,107	2,140	1,987	1,594	1,428
Long-Term Deferred Tax Assets	450.06	439.79	404.09	367.35	390.01
Long-Term Deferred Charges	186.41	167.5	244.41	243.68	307.97
Other Long-Term Assets	184.44	176.77	178.93	296.47	247.97
Total Assets	25,221	26,317	24,664	23,449	22,013
Accounts Payable	5,262	5,474	5,191	4,877	4,503
Accrued Expenses	413.33	518.16	507.33	385.99	267.13
Short-Term Debt	3,415	2,316	1,198	1,829	2,642
Current Portion of Long-Term Debt	1,390	2,152	1,262	1,284	1,655
Current Portion of Leases	34.32	28.07	23.47	27.95	35.34
Current Income Taxes Payable	78.31	104.31	97.53	72.29	60.46
Current Unearned Revenue	333.26	338.95	359.65	280.47	290.75
Other Current Liabilities	600.67	808.85	913.67	826.99	787.68
Total Current Liabilities	11,527	11,740	9,552	9,584	10,241
Long-Term Debt	1,374	2,386	3,585	2,975	1,968
Long-Term Leases	64.31	112.91	136.46	151.35	188.41
Long-Term Unearned Revenue	203.33	181.28	149.19	136.49	124.43
Pension & Post-Retirement Benefits	121.21	111.34	126.31	113.73	148.65
Long-Term Deferred Tax Liabilities	390.99	373.08	390.87	318.79	330.41
Other Long-Term Liabilities	14.86	13.5	21.51	28.18	18.1
Total Liabilities	13,696	14,918	13,962	13,307	13,019
Common Stock	1,562	1,303	1,311	1,315	1,315
Additional Paid-In Capital	1,691	1,899	1,968	1,991	1,974
Retained Earnings	8,043	7,112	6,671	6,337	5,733
Treasury Stock	-115.86	-60.01	-87.16	-112.8	-147.85
Comprehensive Income & Other	-216.81	-218.69	-455.2	-540	-673.96
Total Common Equity	10,963	10,035	9,408	8,990	8,201
Minority Interest	561.41	1,365	1,294	1,151	792.43
Shareholders' Equity	11,525	11,400	10,702	10,142	8,994
Total Liabilities & Equity	25,221	26,317	24,664	23,449	22,013
Total Debt	6,278	6,995	6,205	6,267	6,489
Net Cash (Debt)	-2,210	-3,625	-3,543	-3,956	-4,150
Net Cash Per Share	-1.42	-2.33	-2.27	-2.53	-2.65
Filing Date Shares Outstanding	1,594	1,557	1,567	1,571	1,578
Total Common Shares Outstanding	1,594	1,557	1,567	1,571	1,578
Working Capital	3,068	2,618	3,528	2,967	1,369
Book Value Per Share	6.88	6.45	6.01	5.72	5.20
Tangible Book Value	7,407	6,436	5,962	5,940	5,354
Tangible Book Value Per Share	4.65	4.13	3.81	3.78	3.39
Buildings	3,282	2,975	2,552	2,344	2,282
Machinery	5,145	6,534	6,016	5,334	4,884
Construction In Progress	276.44	516.78	723.27	550.23	378.93

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