Zhejiang Meilun Elevator 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	205.25	299.46	766.72	865.12	618.18	137.87
Trading Asset Securities	345.53	465.17	51.55	-	-	204.76
Cash & Short-Term Investments	550.78	764.63	818.27	865.12	618.18	342.63
Cash Growth	-24.35%	-6.55%	-5.42%	39.95%	80.42%	-14.09%
Accounts Receivable	294.92	310.95	323.66	332.1	304.07	327.84
Other Receivables	5.76	7.74	7.18	8.91	12.75	17.84
Receivables	300.68	318.69	330.84	341.01	316.82	345.67
Inventory	123.91	111.75	130.62	144.32	186.64	276.46
Prepaid Expenses	-	-	0	-	-	-
Other Current Assets	260.33	85.96	15.19	33.85	33.26	47.66
Total Current Assets	1,236	1,281	1,295	1,384	1,155	1,012
Property, Plant & Equipment	400.91	404.93	402.16	444.28	390.08	437.79
Long-Term Investments	158.66	159.72	159.51	154.15	305.98	404.22
Other Intangible Assets	70.07	71.03	82.1	64.11	66.82	52.79
Long-Term Accounts Receivable	-	-	4.59	8.46	11.7	-
Long-Term Deferred Tax Assets	18.54	18.32	14.66	24.33	22.66	18.77
Long-Term Deferred Charges	0.08	0.11	0.03	-	-	-
Other Long-Term Assets	234.29	231.08	86.64	27.28	26.73	4.99
Total Assets	2,118	2,166	2,045	2,107	1,979	1,931
Accounts Payable	359.46	413.21	485.65	467.68	415.91	436.41
Accrued Expenses	9.25	18.48	31.39	30.48	27.87	52.27
Short-Term Debt	12.13	13.51	13.6	40.04	40.03	-
Current Income Taxes Payable	8.5	14.28	7.92	5.47	1.88	0.2
Current Unearned Revenue	144.89	129.74	153.83	196.33	207.1	250.2
Other Current Liabilities	81.27	84.57	81.61	149.9	122.17	50.79
Total Current Liabilities	615.51	673.78	773.99	889.9	814.96	789.87
Long-Term Unearned Revenue	13.94	9.16	8.31	17.21	17.87	20.4
Long-Term Deferred Tax Liabilities	1.87	2.65	2.65	2.65	2.65	2.4
Total Liabilities	631.32	685.6	784.95	909.77	835.48	812.67
Common Stock	348.89	348.89	307	307	307	307
Additional Paid-In Capital	526.53	525.54	330.03	344.86	344.86	344.86
Retained Earnings	566.69	560.11	588.73	499.26	448.12	432.2
Treasury Stock	-45.78	-45.78	-47.72	-	-	-
Comprehensive Income & Other	50.96	51.87	52.35	42.96	40.69	32.9
Total Common Equity	1,447	1,441	1,230	1,194	1,141	1,117
Minority Interest	39.64	39.99	29.27	3.06	2.72	1.34
Shareholders' Equity	1,487	1,481	1,260	1,197	1,143	1,118
Total Liabilities & Equity	2,118	2,166	2,045	2,107	1,979	1,931
Total Debt	12.13	13.51	13.6	40.04	40.03	-
Net Cash (Debt)	538.65	751.12	804.67	825.08	578.15	342.63
Net Cash Growth	-24.64%	-6.66%	-2.47%	42.71%	68.74%	-10.73%
Net Cash Per Share	1.81	2.33	2.69	2.72	1.88	1.09
Filing Date Shares Outstanding	329.05	352.9	304.36	307	307	307
Total Common Shares Outstanding	329.05	352.9	304.36	307	307	307
Working Capital	620.19	607.25	520.93	494.41	339.94	222.54
Book Value Per Share	4.40	4.08	4.04	3.89	3.72	3.64
Tangible Book Value	1,377	1,370	1,148	1,130	1,074	1,064
Tangible Book Value Per Share	4.19	3.88	3.77	3.68	3.50	3.47
Buildings	-	-	400.02	359.86	366.71	352.16
Machinery	-	-	188.05	184.19	179.9	176.7
Construction In Progress	-	-	37.65	115.19	31.89	68.34

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