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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	3,954	3,720	3,187	2,647	2,305	2,338
Trading Asset Securities	140.84	347.78	181.97	14.4	5.48	-
Cash & Short-Term Investments	4,094	4,068	3,369	2,662	2,311	2,338
Cash Growth	19.08%	20.74%	26.58%	15.20%	-1.20%	5.83%
Accounts Receivable	6,235	5,709	6,496	6,105	5,694	5,151
Other Receivables	218.33	498.07	188.65	318.31	690.03	718.66
Receivables	6,453	6,207	6,685	6,423	6,384	5,869
Inventory	3,580	3,595	3,617	3,405	3,268	2,999
Prepaid Expenses	-	-	-	-	11.22	-
Other Current Assets	738.7	725.87	687.43	590.26	577.31	403.61
Total Current Assets	14,867	14,596	14,358	13,080	12,551	11,610
Property, Plant & Equipment	4,796	4,822	6,194	5,832	5,063	4,754
Long-Term Investments	1,438	1,426	1,381	1,466	1,865	1,843
Goodwill	1,438	1,450	1,459	1,459	1,456	1,420
Other Intangible Assets	2,121	2,107	2,140	1,987	1,594	1,428
Long-Term Deferred Tax Assets	416.48	450.06	439.79	404.09	367.35	390.01
Long-Term Deferred Charges	162.47	186.41	167.5	244.41	243.68	307.97
Other Long-Term Assets	186.61	184.44	176.77	178.93	296.47	247.97
Total Assets	25,425	25,221	26,317	24,664	23,449	22,013
Accounts Payable	5,668	5,262	5,474	5,191	4,877	4,503
Accrued Expenses	188.26	413.33	518.16	507.33	385.99	267.13
Short-Term Debt	3,421	3,415	2,316	1,198	1,829	2,642
Current Portion of Long-Term Debt	1,691	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	121.83	78.31	104.31	97.53	72.29	60.46
Current Unearned Revenue	319.18	333.26	338.95	359.65	280.47	290.75
Other Current Liabilities	617.17	600.67	808.85	913.67	826.99	787.68
Total Current Liabilities	12,027	11,527	11,740	9,552	9,584	10,241
Long-Term Debt	898.53	1,374	2,386	3,585	2,975	1,968
Long-Term Leases	65.02	64.31	112.91	136.46	151.35	188.41
Long-Term Unearned Revenue	198.49	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	374.27	390.99	373.08	390.87	318.79	330.41
Other Long-Term Liabilities	142.78	14.86	13.5	21.51	28.18	18.1
Total Liabilities	13,706	13,696	14,918	13,962	13,307	13,019
Common Stock	1,562	1,562	1,303	1,311	1,315	1,315
Additional Paid-In Capital	1,700	1,691	1,899	1,968	1,991	1,974
Retained Earnings	8,319	8,043	7,112	6,671	6,337	5,733
Treasury Stock	-115.86	-115.86	-60.01	-87.16	-112.8	-147.85
Comprehensive Income & Other	-304.64	-216.81	-218.69	-455.2	-540	-673.96
Total Common Equity	11,161	10,963	10,035	9,408	8,990	8,201
Minority Interest	557.86	561.41	1,365	1,294	1,151	792.43
Shareholders' Equity	11,719	11,525	11,400	10,702	10,142	8,994
Total Liabilities & Equity	25,425	25,221	26,317	24,664	23,449	22,013
Total Debt	6,076	6,278	6,995	6,205	6,267	6,489
Net Cash (Debt)	-1,982	-2,210	-3,625	-3,543	-3,956	-4,150
Net Cash Per Share	-1.27	-1.42	-2.33	-2.27	-2.53	-2.65
Filing Date Shares Outstanding	1,557	1,594	1,557	1,567	1,571	1,578
Total Common Shares Outstanding	1,557	1,594	1,557	1,567	1,571	1,578
Working Capital	2,840	3,068	2,618	3,528	2,967	1,369
Book Value Per Share	7.17	6.88	6.45	6.01	5.72	5.20
Tangible Book Value	7,602	7,407	6,436	5,962	5,940	5,354
Tangible Book Value Per Share	4.88	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.