YAPP Automotive Systems 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	1,295	1,103	1,201	1,723	1,344	1,344
Short-Term Investments	401.85	442.22	757.47	6.81	-	-
Cash & Short-Term Investments	1,697	1,545	1,958	1,730	1,344	1,344
Cash Growth	2.40%	-21.09%	13.21%	28.67%	0.05%	0.46%
Accounts Receivable	1,956	2,020	1,790	1,731	1,646	1,580
Other Receivables	29.85	21.48	4.02	2.27	8.68	3.98
Receivables	1,985	2,041	1,794	1,733	1,655	1,584
Inventory	1,312	1,267	1,181	1,034	1,054	945.92
Prepaid Expenses	8.26	42.27	17.65	25.03	-	-
Other Current Assets	195.6	182.58	114.38	91.41	91.22	96.24
Total Current Assets	5,198	5,079	5,065	4,613	4,145	3,970
Property, Plant & Equipment	1,654	1,667	1,280	1,421	1,515	1,592
Long-Term Investments	84.26	104.17	112.69	126.21	131.21	129.4
Goodwill	230.39	230.39	-	-	-	-
Other Intangible Assets	217.3	226.44	162.26	162.32	164.81	166.61
Long-Term Deferred Tax Assets	65.97	62.59	67.57	80.14	59.07	46.77
Long-Term Deferred Charges	8.33	8.85	0.52	0.75	1.07	1.4
Other Long-Term Assets	67.37	51.92	34.34	22.49	35.88	21.38
Total Assets	7,527	7,430	6,722	6,426	6,052	5,927

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	1,673	1,680	1,656	1,500	1,403	1,424
Accrued Expenses	255.94	226.73	292.02	154.91	154.25	140.42
Short-Term Debt	-	10.01	25.02	54.81	63.45	30.04
Current Portion of Long-Term Debt	-	-	-	-	66.63	95.78
Current Portion of Leases	27.77	32.65	29.69	30.82	22.37	24.42
Current Income Taxes Payable	18.98	12.83	10.83	17.04	9.55	9.83
Current Unearned Revenue	79.15	73.75	58.22	61.12	44.01	27.41
Other Current Liabilities	175.21	166.63	79.6	114.97	158.16	183.93
Total Current Liabilities	2,230	2,202	2,152	1,933	1,922	1,936
Long-Term Debt	-	-	-	-	-	158.61
Long-Term Leases	71.11	78.58	93.6	120.64	105.6	87.2
Long-Term Unearned Revenue	38.69	33.24	20.84	21.51	23.84	27.08
Long-Term Deferred Tax Liabilities	61.78	68.04	46.85	82.93	73.2	72.03
Other Long-Term Liabilities	43.03	43.55	43.49	105.92	21.5	16.95
Total Liabilities	2,444	2,426	2,356	2,264	2,146	2,298

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	508.22	512.6	512.6	512.6	512.63	514.1
Additional Paid-In Capital	684.39	780.05	780.05	779.9	778.42	791.03
Retained Earnings	3,461	3,346	3,023	2,754	2,544	2,403
Treasury Stock	-	-100.04	-	-8.64	-9.53	-32.92
Comprehensive Income & Other	-73.97	-26.23	-111.3	-23.13	-48.29	-163.18
Total Common Equity	4,580	4,513	4,205	4,015	3,777	3,512
Minority Interest	502.25	491.15	161.46	147.5	129.08	116.98
Shareholders' Equity	5,082	5,004	4,366	4,162	3,906	3,629
Total Liabilities & Equity	7,527	7,430	6,722	6,426	6,052	5,927

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	98.88	121.24	148.31	206.27	258.04	396.04
Net Cash (Debt)	1,598	1,424	1,810	1,523	1,086	947.55
Net Cash Growth	6.45%	-21.33%	18.80%	40.24%	14.64%	13.58%
Net Cash Per Share	3.14	2.78	3.55	2.97	2.10	1.84
Filing Date Shares Outstanding	508.22	508.22	512.6	512.6	512.63	514.1
Total Common Shares Outstanding	508.22	508.22	512.6	512.6	512.63	514.1
Working Capital	2,969	2,876	2,913	2,680	2,223	2,033
Book Value Per Share	9.01	8.88	8.20	7.83	7.37	6.83
Tangible Book Value	4,132	4,056	4,042	3,852	3,612	3,345
Tangible Book Value Per Share	8.13	7.98	7.89	7.52	7.05	6.51
Buildings	1,027	1,025	906.56	903.03	893.88	865.66
Machinery	3,319	3,243	2,882	2,794	2,784	2,631
Construction In Progress	217.99	215.99	51.27	115.36	86.43	80.66