Zhejiang Cady Industry 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	351.28	398.46	609.06	145.85	89.8	92.32
Trading Asset Securities	150.01	325.94	97.64	-	-	0.45
Cash & Short-Term Investments	501.29	724.4	706.69	145.85	89.8	92.77
Cash Growth	-24.22%	2.50%	384.53%	62.41%	-3.20%	2.17%
Accounts Receivable	190.25	205.52	158.73	144.26	172.8	110.92
Other Receivables	6.63	12.1	2.8	23.49	12.35	12.12
Receivables	196.88	217.62	161.53	167.76	185.15	123.04
Inventory	161.35	118.84	118.31	147.45	151.43	164.66
Other Current Assets	17.38	14.21	8.62	8.35	35.7	2.41
Total Current Assets	876.89	1,075	995.15	469.4	462.09	382.88
Property, Plant & Equipment	703.44	593.89	472.78	422.96	411.63	304.95
Other Intangible Assets	87.16	91.51	94.2	94.56	83.15	89.71
Long-Term Deferred Tax Assets	0.47	0.58	0.39	0.55	0.35	0.14
Long-Term Deferred Charges	4.5	3.72	3.71	2.48	1.65	0.38
Other Long-Term Assets	41.54	25.32	13.47	16.43	52.57	56.12
Total Assets	1,714	1,790	1,580	1,006	1,011	834.18
Accounts Payable	115.44	94.9	108.71	82.29	85.44	69.9
Accrued Expenses	17.25	26.01	30.04	24.71	28.98	25.81
Short-Term Debt	96.57	207.15	109.33	97.93	168.81	171.46
Current Portion of Leases	0.6	0.48	-	-	-	-
Current Income Taxes Payable	10.01	11.89	3.93	3.71	13.51	6.33
Current Unearned Revenue	12.49	10.05	8.71	8.59	16.11	13.47
Other Current Liabilities	55.96	55.2	1.18	1.35	29.98	14.21
Total Current Liabilities	308.32	405.68	261.9	218.57	342.83	301.18
Long-Term Leases	2.76	3.03	0.16	0.42	0.67	-
Long-Term Unearned Revenue	16.64	17.14	20.51	14.77	9.7	8.76
Long-Term Deferred Tax Liabilities	5.15	7.41	10.26	9.43	7.23	6.33
Other Long-Term Liabilities	-	-	-	41.47	36.8	36.08
Total Liabilities	332.87	433.26	292.82	284.65	397.24	352.34
Common Stock	116	116	116	87	87	87
Additional Paid-In Capital	720.65	720.2	719.56	251.48	250.83	250.21
Retained Earnings	548.04	519.95	454.65	385.51	275.7	144.7
Comprehensive Income & Other	-2.4	-2.14	-3.33	-2.28	0.68	-0.08
Total Common Equity	1,382	1,354	1,287	721.71	614.2	481.84
Minority Interest	-1.16	2.82	-	-	-	-
Shareholders' Equity	1,381	1,357	1,287	721.71	614.2	481.84
Total Liabilities & Equity	1,714	1,790	1,580	1,006	1,011	834.18
Total Debt	99.93	210.65	109.49	98.34	169.48	171.46
Net Cash (Debt)	401.35	513.75	597.2	47.51	-79.67	-78.69
Net Cash Growth	-20.24%	-13.98%	1157.06%	-	-	-
Net Cash Per Share	3.45	4.43	5.52	0.55	-0.92	-0.90
Filing Date Shares Outstanding	116	116	116	116	87	87
Total Common Shares Outstanding	116	116	116	87	87	87
Working Capital	568.57	669.38	733.25	250.83	119.26	81.7
Book Value Per Share	11.92	11.67	11.09	8.30	7.06	5.54
Tangible Book Value	1,295	1,263	1,193	627.16	531.05	392.13
Tangible Book Value Per Share	11.16	10.88	10.28	7.21	6.10	4.51
Buildings	-	357.22	282.7	266.13	255.02	154.36
Machinery	-	374.71	351.37	346.79	338.41	266.17
Construction In Progress	-	83.04	69.4	5.89	2.2	67.33

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