ZheJiang AoKang Shoes 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	443.39	419.94	564.59	520.71	843.34	981.63
Short-Term Investments	-	-	5	-	-	51.09
Trading Asset Securities	-	5	9.43	109.43	201	70
Cash & Short-Term Investments	443.39	424.94	579.02	630.14	1,044	1,103
Cash Growth	21.16%	-26.61%	-8.11%	-39.66%	-5.29%	14.42%
Accounts Receivable	771.34	826.23	942.37	994.88	1,011	1,005
Other Receivables	34.78	58.09	68.11	84.17	71.69	22.4
Receivables	806.12	884.31	1,010	1,079	1,082	1,028
Inventory	437.21	673.35	735.13	786.18	666.44	753.29
Prepaid Expenses	-	-	-	1.35	-	-
Other Current Assets	156.6	131.48	127.8	148.38	105.43	114.79
Total Current Assets	1,843	2,114	2,452	2,645	2,899	2,998
Property, Plant & Equipment	458.62	584.7	702.89	695.65	536.93	423.43
Long-Term Investments	540.01	528.18	502.13	453.24	460.28	477.41
Other Intangible Assets	151.19	158.15	166.21	174.68	183.92	192.47
Long-Term Deferred Tax Assets	40.96	37.55	69.96	83.54	105.94	93.44
Long-Term Deferred Charges	59.03	80.9	114.44	177.86	145.94	114.96
Other Long-Term Assets	31.79	32.6	33.67	34.74	35.82	36.9
Total Assets	3,125	3,536	4,042	4,265	4,367	4,337
Accounts Payable	394.6	144.93	164.44	519.7	466.8	524.54
Accrued Expenses	28.51	79.74	133.4	207.99	213.87	91.37
Short-Term Debt	87.68	331.24	435.49	228.13	-	-
Current Portion of Leases	70.28	119.93	154.27	131.21	53.16	-
Current Income Taxes Payable	9.03	1.54	0.8	0.88	3.54	2.76
Current Unearned Revenue	45.24	50.86	46.81	34.68	21.43	21.78
Other Current Liabilities	68	72.69	88.69	79.2	70.51	80.6
Total Current Liabilities	703.35	800.93	1,024	1,202	829.3	721.05
Long-Term Leases	31.4	62.78	83.14	99.44	58.37	-
Long-Term Deferred Tax Liabilities	10.53	19.87	15.38	27.24	12.59	8.75
Total Liabilities	745.27	883.57	1,122	1,328	900.25	729.8
Common Stock	400.98	400.98	400.98	400.98	400.98	400.98
Additional Paid-In Capital	1,868	1,868	1,868	1,927	1,951	1,932
Retained Earnings	81.92	351.47	615.33	708.61	1,287	1,445
Treasury Stock	-	-	-	-135.12	-193.03	-193.03
Comprehensive Income & Other	27.73	28.74	27.14	25.23	12.12	16.78
Total Common Equity	2,378	2,649	2,911	2,927	3,458	3,601
Minority Interest	1.43	3.8	8.27	9.35	8.97	5.97
Shareholders' Equity	2,380	2,653	2,919	2,936	3,467	3,607
Total Liabilities & Equity	3,125	3,536	4,042	4,265	4,367	4,337
Total Debt	189.36	513.94	672.89	458.78	111.52	-
Net Cash (Debt)	254.03	-89	-93.87	171.36	932.81	1,103
Net Cash Growth	45.46%	-	-	-81.63%	-15.41%	14.42%
Net Cash Per Share	0.63	-0.22	-0.24	0.45	2.44	2.88
Filing Date Shares Outstanding	400.98	400.98	400.98	388.24	382.79	382.79
Total Common Shares Outstanding	400.98	400.98	400.98	388.24	382.79	382.79
Working Capital	1,140	1,313	1,429	1,443	2,069	2,277
Book Value Per Share	5.93	6.61	7.26	7.54	9.03	9.41
Tangible Book Value	2,227	2,491	2,745	2,752	3,274	3,409
Tangible Book Value Per Share	5.55	6.21	6.85	7.09	8.55	8.90
Buildings	-	429.3	428.12	429.3	415.66	415.64
Machinery	-	305.98	301.34	299.01	290.13	292.99
Construction In Progress	-	1.94	29.04	35.45	32.41	25.19

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.