Wolong Electric Group 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	3,548	3,187	2,647	2,305	2,338	2,210
Trading Asset Securities	242.35	181.97	14.4	5.48	-	-
Cash & Short-Term Investments	3,790	3,369	2,662	2,311	2,338	2,210
Cash Growth	31.87%	26.58%	15.20%	-1.20%	5.83%	10.45%
Accounts Receivable	6,037	6,496	6,105	5,694	5,151	4,831
Other Receivables	526.15	188.65	318.31	690.03	718.66	409.45
Receivables	6,563	6,685	6,423	6,384	5,869	5,241
Inventory	3,398	3,617	3,405	3,268	2,999	2,724
Prepaid Expenses	-	-	-	11.22	-	-
Other Current Assets	766.63	687.43	590.26	577.31	403.61	607.97
Total Current Assets	14,518	14,358	13,080	12,551	11,610	10,782
Property, Plant & Equipment	4,826	6,194	5,832	5,063	4,754	4,367
Long-Term Investments	1,445	1,381	1,466	1,865	1,843	1,695
Goodwill	1,464	1,459	1,459	1,456	1,420	1,391
Other Intangible Assets	2,042	2,140	1,987	1,594	1,428	1,328
Long-Term Deferred Tax Assets	447.51	439.79	404.09	367.35	390.01	416.31
Long-Term Deferred Charges	238.57	167.5	244.41	243.68	307.97	209.17
Other Long-Term Assets	186.79	176.77	178.93	296.47	247.97	614.58
Total Assets	25,167	26,317	24,664	23,449	22,013	20,817
Accounts Payable	5,100	5,474	5,191	4,877	4,503	3,863
Accrued Expenses	254.55	518.16	507.33	385.99	267.13	254.59
Short-Term Debt	3,626	2,316	1,198	1,829	2,642	2,371
Current Portion of Long-Term Debt	1,390	2,152	1,262	1,284	1,655	1,389
Current Portion of Leases	-	28.07	23.47	27.95	35.34	17.47
Current Income Taxes Payable	127.2	104.31	97.53	72.29	60.46	149.94
Current Unearned Revenue	356.85	338.95	359.65	280.47	290.75	294.51
Other Current Liabilities	790.34	808.85	913.67	826.99	787.68	474
Total Current Liabilities	11,646	11,740	9,552	9,584	10,241	8,814
Long-Term Debt	1,467	2,386	3,585	2,975	1,968	3,216
Long-Term Leases	71.41	112.91	136.46	151.35	188.41	31.35
Long-Term Unearned Revenue	200.74	181.28	149.19	136.49	124.43	118.71
Pension & Post-Retirement Benefits	118.81	111.34	126.31	113.73	148.65	193.93
Long-Term Deferred Tax Liabilities	388.15	373.08	390.87	318.79	330.41	237.37
Other Long-Term Liabilities	10.65	13.5	21.51	28.18	18.1	21.23
Total Liabilities	13,903	14,918	13,962	13,307	13,019	12,632
Common Stock	1,562	1,303	1,311	1,315	1,315	1,309
Additional Paid-In Capital	1,631	1,899	1,968	1,991	1,974	1,965
Retained Earnings	7,736	7,112	6,671	6,337	5,733	4,941
Treasury Stock	-60.01	-60.01	-87.16	-112.8	-147.85	-5.81
Comprehensive Income & Other	-164.32	-218.69	-455.2	-540	-673.96	-583.09
Total Common Equity	10,704	10,035	9,408	8,990	8,201	7,626
Minority Interest	559.69	1,365	1,294	1,151	792.43	558.9
Shareholders' Equity	11,264	11,400	10,702	10,142	8,994	8,185
Total Liabilities & Equity	25,167	26,317	24,664	23,449	22,013	20,817
Total Debt	6,555	6,995	6,205	6,267	6,489	7,025
Net Cash (Debt)	-2,765	-3,625	-3,543	-3,956	-4,150	-4,815
Net Cash Per Share	-1.78	-2.33	-2.27	-2.53	-2.65	-3.07
Filing Date Shares Outstanding	1,557	1,557	1,567	1,571	1,578	1,571
Total Common Shares Outstanding	1,557	1,557	1,567	1,571	1,578	1,571
Working Capital	2,872	2,618	3,528	2,967	1,369	1,968
Book Value Per Share	6.88	6.45	6.01	5.72	5.20	4.86
Tangible Book Value	7,199	6,436	5,962	5,940	5,354	4,906
Tangible Book Value Per Share	4.62	4.13	3.81	3.78	3.39	3.12
Buildings	-	2,975	2,552	2,344	2,282	-
Machinery	-	6,534	6,016	5,334	4,884	-
Construction In Progress	-	516.78	723.27	550.23	378.93	-

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