Zhejiang Yunzhongma Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	608.4	827.08	651.87	848.74	373.67
Trading Asset Securities	-	10.5	-	-	-
Cash & Short-Term Investments	608.4	837.58	651.87	848.74	373.67
Cash Growth	-27.36%	28.49%	-23.20%	127.13%	44.72%
Accounts Receivable	526.47	552.22	408.18	277.41	288.7
Other Receivables	0.34	18.99	26.24	7.42	1.2
Receivables	526.8	571.2	434.42	284.83	289.89
Inventory	83.64	183.2	169.99	126.52	159.63
Other Current Assets	172.76	157.35	281.95	152.84	35.85
Total Current Assets	1,392	1,749	1,538	1,413	859.05
Property, Plant & Equipment	982.72	970.42	809.51	589.99	350.07
Long-Term Investments	107.34	64.19	25.75	-	-
Other Intangible Assets	198.99	231.37	106.14	103.87	106.94
Long-Term Deferred Tax Assets	8.93	15.31	14.31	23.86	8.25
Long-Term Deferred Charges	1.69	2.38	2.82	3.11	-
Other Long-Term Assets	55.89	1.23	3.57	18.2	11.38
Total Assets	2,747	3,034	2,500	2,152	1,336
Accounts Payable	377.75	189.25	262.25	413.36	463.85
Accrued Expenses	47.35	54.69	49.31	23.73	31.38
Short-Term Debt	591.24	1,124	655.75	189.21	157.29
Current Portion of Long-Term Debt	20.93	32.73	-	27.14	4.4
Current Portion of Leases	0.44	0.22	0.23	10.65	9.82
Current Income Taxes Payable	3.33	0.84	1.84	-	6.04
Current Unearned Revenue	18.53	28.94	61.38	128.95	50.05
Other Current Liabilities	34.47	104.95	108.73	17.39	7.07
Total Current Liabilities	1,094	1,536	1,140	810.42	729.9
Long-Term Debt	164.99	109.68	-	72.3	50.42
Long-Term Leases	1.11	0.73	0.05	6.32	18.38
Long-Term Unearned Revenue	51.09	53.1	26.55	17.37	18.83
Long-Term Deferred Tax Liabilities	15.52	5.16	-	-	-
Total Liabilities	1,327	1,705	1,166	906.42	817.53
Common Stock	137.51	137.51	140	140	105
Additional Paid-In Capital	585.81	585.81	633.31	633.31	41.8
Retained Earnings	697.08	606.25	560.9	472.24	371.37
Shareholders' Equity	1,420	1,330	1,334	1,246	518.17
Total Liabilities & Equity	2,747	3,034	2,500	2,152	1,336
Total Debt	778.72	1,268	656.04	305.62	240.31
Net Cash (Debt)	-170.31	-430.13	-4.17	543.12	133.37
Net Cash Growth	-	-	-	307.24%	-37.89%
Net Cash Per Share	-1.24	-3.13	-0.03	5.01	1.27
Filing Date Shares Outstanding	137.51	137.51	140	140	105
Total Common Shares Outstanding	137.51	137.51	140	140	105
Working Capital	297.56	213.35	398.73	602.51	129.15
Book Value Per Share	10.33	9.67	9.53	8.90	4.93
Tangible Book Value	1,221	1,098	1,228	1,142	411.23
Tangible Book Value Per Share	8.88	7.99	8.77	8.15	3.92
Buildings	460.99	510.75	323.8	291.57	200.88
Machinery	792.53	732.58	582.76	308.45	247.91
Construction In Progress	104.62	37.01	123.18	161.76	44.14

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.