Yutong Heavy Industries Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	856.93	532.19	1,347	673.61	1,152	1,743
Short-Term Investments	-	382.83	425.24	21.49	211.42	81.23
Trading Asset Securities	933.47	1,052	100.48	451.36	-	167
Cash & Short-Term Investments	1,790	1,967	1,873	1,146	1,363	1,991
Cash Growth	10.73%	5.04%	63.38%	-15.91%	-31.54%	5.03%
Accounts Receivable	559.68	986.9	1,566	1,611	1,624	991.03
Other Receivables	74.02	-	-	-	-	123.75
Receivables	633.7	986.9	1,566	1,611	1,624	1,115
Inventory	262.04	262.81	284.22	378.9	328.52	429.38
Prepaid Expenses	-	0.02	0.29	0.28	0.06	-
Other Current Assets	409.25	169.09	59.17	40.56	40.02	51.18
Total Current Assets	3,095	3,386	3,783	3,178	3,356	3,587
Property, Plant & Equipment	319.32	343.22	400.41	449.68	413.42	459.78
Long-Term Investments	62.16	61.92	49.51	457.92	440.5	209.3
Other Intangible Assets	118.68	121.26	230.6	240.66	249.29	259.39
Long-Term Accounts Receivable	-	48.57	25.56	9.46	32.02	34.48
Long-Term Deferred Tax Assets	121.48	128.2	186.45	146.59	138.97	132.35
Long-Term Deferred Charges	-	-	0.05	0.34	1.88	3.6
Other Long-Term Assets	44.94	20.63	18.96	9.42	98.8	91.28
Total Assets	3,762	4,110	4,695	4,492	4,731	4,777

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	302.79	323.41	875.85	834.93	1,090	1,220
Accrued Expenses	249.16	337.54	344.46	320.85	304.18	332.93
Current Portion of Leases	-	-	0.11	3.68	0.49	4.78
Current Income Taxes Payable	46.87	65.01	68.33	46.15	79.12	54.48
Current Unearned Revenue	52.48	166.14	53.62	70.56	37.66	74.65
Other Current Liabilities	200.29	247.29	449.57	296.02	292.8	387.72
Total Current Liabilities	851.58	1,139	1,792	1,572	1,804	2,075
Long-Term Leases	-	-	-	2.33	0.35	33.5
Long-Term Unearned Revenue	13.26	17.73	34.97	40.64	44.7	35.57
Pension & Post-Retirement Benefits	-	10.98	8.82	13.22	18.84	25.6
Long-Term Deferred Tax Liabilities	52.02	54.33	67.47	77.11	87.84	92.27
Other Long-Term Liabilities	247.11	215.41	179.75	147.54	152.58	143.84
Total Liabilities	1,164	1,438	2,083	1,853	2,109	2,406

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	534.48	533.3	536.85	541.51	546.18	539.37
Additional Paid-In Capital	969.61	955.37	960.61	1,008	1,049	999.2
Retained Earnings	942.57	1,065	953.43	978.31	963.59	764.53
Treasury Stock	-25.1	-22.29	-42.13	-102.47	-160.18	-118.6
Comprehensive Income & Other	30.37	26.75	27.87	28.58	31.05	27.53
Total Common Equity	2,452	2,558	2,437	2,454	2,430	2,212
Minority Interest	146.07	114.26	175.16	184.51	192.58	159.19
Shareholders' Equity	2,598	2,672	2,612	2,639	2,622	2,371
Total Liabilities & Equity	3,762	4,110	4,695	4,492	4,731	4,777

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	-	-	0.11	6.01	0.84	38.28
Net Cash (Debt)	1,790	1,967	1,873	1,140	1,362	1,953
Net Cash Growth	10.73%	5.04%	64.23%	-16.30%	-30.24%	5.85%
Net Cash Per Share	3.43	3.75	3.55	2.09	2.58	3.73
Filing Date Shares Outstanding	512.44	491.72	497.33	536.02	546.18	528.6
Total Common Shares Outstanding	512.44	491.72	497.33	536.02	546.18	528.6
Working Capital	2,244	2,247	1,991	1,605	1,552	1,512
Book Value Per Share	4.78	5.20	4.90	4.58	4.45	4.18
Tangible Book Value	2,333	2,437	2,206	2,214	2,181	1,953
Tangible Book Value Per Share	4.55	4.96	4.44	4.13	3.99	3.69
Buildings	-	917.58	917.95	901.89	663.44	664.49
Machinery	-	280.1	410.43	431.5	429.92	435.05
Construction In Progress	-	-	-	1.34	23.36	1.94