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 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	654.04	616	419.94	564.59	520.71	843.34
Short-Term Investments	-	-	-	5	-	-
Trading Asset Securities	26	5	5	9.43	109.43	201
Cash & Short-Term Investments	680.04	621	424.94	579.02	630.14	1,044
Cash Growth	29.07%	46.14%	-26.61%	-8.11%	-39.66%	-5.29%
Accounts Receivable	655.96	721.54	826.23	942.37	994.88	1,011
Other Receivables	43.19	58.38	58.09	68.11	84.17	71.69
Receivables	699.15	779.91	884.31	1,010	1,079	1,082
Inventory	321.3	367.15	673.35	735.13	786.18	666.44
Prepaid Expenses	-	-	-	-	1.35	-
Other Current Assets	86.22	82.98	131.48	127.8	148.38	105.43
Total Current Assets	1,787	1,851	2,114	2,452	2,645	2,899
Property, Plant & Equipment	394.1	428.16	584.7	702.89	695.65	536.93
Long-Term Investments	558.89	540.69	528.18	502.13	453.24	460.28
Other Intangible Assets	136.93	149.77	158.15	166.21	174.68	183.92
Long-Term Deferred Tax Assets	21.45	26.52	37.55	69.96	83.54	105.94
Long-Term Deferred Charges	53.64	62.95	80.9	114.44	177.86	145.94
Other Long-Term Assets	152.6	72.25	32.6	33.67	34.74	35.82
Total Assets	3,104	3,131	3,536	4,042	4,265	4,367
Accounts Payable	419.81	462.85	144.93	164.44	519.7	466.8
Accrued Expenses	21.95	41.22	79.74	133.4	207.99	213.87
Short-Term Debt	77	48.03	331.24	435.49	228.13	-
Current Portion of Long-Term Debt	54.96	65.07	-	-	-	-
Current Portion of Leases	-	-	119.93	154.27	131.21	53.16
Current Income Taxes Payable	8.31	9.09	1.54	0.8	0.88	3.54
Current Unearned Revenue	44.48	47.92	50.86	46.81	34.68	21.43
Other Current Liabilities	78.76	79.04	72.69	88.69	79.2	70.51
Total Current Liabilities	705.28	753.22	800.93	1,024	1,202	829.3
Long-Term Leases	21.91	24.82	62.78	83.14	99.44	58.37
Long-Term Deferred Tax Liabilities	6.56	6.77	19.87	15.38	27.24	12.59
Total Liabilities	733.75	784.81	883.57	1,122	1,328	900.25
Common Stock	400.98	400.98	400.98	400.98	400.98	400.98
Additional Paid-In Capital	1,868	1,868	1,868	1,868	1,927	1,951
Retained Earnings	75.69	50.3	351.47	615.33	708.61	1,287
Treasury Stock	-	-	-	-	-135.12	-193.03
Comprehensive Income & Other	25.41	26.8	28.74	27.14	25.23	12.12
Total Common Equity	2,370	2,346	2,649	2,911	2,927	3,458
Minority Interest	0.89	0.89	3.8	8.27	9.35	8.97
Shareholders' Equity	2,371	2,347	2,653	2,919	2,936	3,467
Total Liabilities & Equity	3,104	3,131	3,536	4,042	4,265	4,367
Total Debt	153.88	137.92	513.94	672.89	458.78	111.52
Net Cash (Debt)	526.16	483.08	-89	-93.87	171.36	932.81
Net Cash Growth	85.03%	-	-	-	-81.63%	-15.41%
Net Cash Per Share	1.31	1.20	-0.22	-0.24	0.45	2.44
Filing Date Shares Outstanding	401.11	400.85	400.98	400.98	388.24	382.79
Total Common Shares Outstanding	401.11	400.85	400.98	400.98	388.24	382.79
Working Capital	1,081	1,098	1,313	1,429	1,443	2,069
Book Value Per Share	5.91	5.85	6.61	7.26	7.54	9.03
Tangible Book Value	2,233	2,196	2,491	2,745	2,752	3,274
Tangible Book Value Per Share	5.57	5.48	6.21	6.85	7.09	8.55
Buildings	-	-	429.3	428.12	429.3	415.66
Machinery	-	-	305.98	301.34	299.01	290.13
Construction In Progress	-	-	1.94	29.04	35.45	32.41

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