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	Jun '26 Jun 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	475.58	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	1,445	1,052	100.48	451.36	-	167
Cash & Short-Term Investments	1,920	1,967	1,873	1,146	1,363	1,991
Cash Growth	-5.76%	5.04%	63.38%	-15.91%	-31.54%	5.03%
Accounts Receivable	611.56	986.9	1,566	1,611	1,624	991.03
Other Receivables	55.32	-	-	-	-	123.75
Receivables	666.88	986.9	1,566	1,611	1,624	1,115
Inventory	204.88	262.81	284.22	378.9	328.52	429.38
Prepaid Expenses	-	0.02	0.29	0.28	0.06	-
Other Current Assets	432.78	169.09	59.17	40.56	40.02	51.18
Total Current Assets	3,225	3,386	3,783	3,178	3,356	3,587
Property, Plant & Equipment	327.18	343.22	400.41	449.68	413.42	459.78
Long-Term Investments	62.91	61.92	49.51	457.92	440.5	209.3
Other Intangible Assets	119.54	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	120.9	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	49.62	20.63	18.96	9.42	98.8	91.28
Total Assets	3,905	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	Jun '26 Jun 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	440.25	323.41	875.85	834.93	1,090	1,220
Accrued Expenses	230.65	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	56.95	65.01	68.33	46.15	79.12	54.48
Current Unearned Revenue	66.24	166.14	53.62	70.56	37.66	74.65
Other Current Liabilities	205.04	247.29	449.57	296.02	292.8	387.72
Total Current Liabilities	999.12	1,139	1,792	1,572	1,804	2,075
Long-Term Leases	-	-	-	2.33	0.35	33.5
Long-Term Unearned Revenue	15.4	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	53.16	54.33	67.47	77.11	87.84	92.27
Other Long-Term Liabilities	246.74	215.41	179.75	147.54	152.58	143.84
Total Liabilities	1,314	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	Jun '26 Jun 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	534.46	533.3	536.85	541.51	546.18	539.37
Additional Paid-In Capital	965.49	955.37	960.61	1,008	1,049	999.2
Retained Earnings	955.08	1,065	953.43	978.31	963.59	764.53
Treasury Stock	-29.03	-22.29	-42.13	-102.47	-160.18	-118.6
Comprehensive Income & Other	28.96	26.75	27.87	28.58	31.05	27.53
Total Common Equity	2,455	2,558	2,437	2,454	2,430	2,212
Minority Interest	135.79	114.26	175.16	184.51	192.58	159.19
Shareholders' Equity	2,591	2,672	2,612	2,639	2,622	2,371
Total Liabilities & Equity	3,905	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	Jun '26 Jun 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)	1,920	1,967	1,873	1,140	1,362	1,953
Net Cash Growth	-5.76%	5.04%	64.23%	-16.30%	-30.24%	5.85%
Net Cash Per Share	3.65	3.75	3.55	2.09	2.58	3.73
Filing Date Shares Outstanding	552.77	491.72	497.33	536.02	546.18	528.6
Total Common Shares Outstanding	552.77	491.72	497.33	536.02	546.18	528.6
Working Capital	2,226	2,247	1,991	1,605	1,552	1,512
Book Value Per Share	4.44	5.20	4.90	4.58	4.45	4.18
Tangible Book Value	2,335	2,437	2,206	2,214	2,181	1,953
Tangible Book Value Per Share	4.22	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