Neway Valve (Suzhou) 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	2,975	2,371	1,447	1,176	806.18	442.87
Short-Term Investments	-	-	-	-	5.9	-
Trading Asset Securities	13.01	402.19	350.43	180.32	91.11	109.98
Cash & Short-Term Investments	2,988	2,773	1,797	1,357	903.2	552.85
Cash Growth	53.97%	54.30%	32.50%	50.19%	63.37%	15.55%
Accounts Receivable	2,777	3,069	2,689	2,435	2,132	1,959
Other Receivables	25.86	4.87	1.32	1.2	1.23	0.98
Receivables	2,803	3,073	2,690	2,436	2,133	1,960
Inventory	2,946	2,849	2,473	2,253	2,085	1,541
Other Current Assets	124.38	168.59	152.47	137.67	83.17	107.26
Total Current Assets	8,861	8,865	7,113	6,184	5,205	4,161
Property, Plant & Equipment	1,292	1,280	1,267	1,358	1,435	1,422
Long-Term Investments	7.39	6.42	5.23	11.6	11.28	13.6
Other Intangible Assets	168.87	159.31	152.76	150.78	152.9	157.71
Long-Term Deferred Tax Assets	157.71	158.63	135.31	141.18	127.17	106.01
Other Long-Term Assets	43.19	42.87	38.06	33.58	39.4	47.57
Total Assets	10,530	10,513	8,711	7,879	6,970	5,908
Accounts Payable	2,327	2,414	1,719	1,924	1,659	1,329
Accrued Expenses	120.77	870.34	684.31	553.37	418.9	325.12
Short-Term Debt	1,725	1,377	767.95	636.27	673.4	812.51
Current Portion of Long-Term Debt	2.14	298.21	162.32	498.35	300.21	-
Current Portion of Leases	-	1.91	1.45	1.71	1.95	2.69
Current Income Taxes Payable	143.95	124.3	62.22	22.67	33.92	25.06
Current Unearned Revenue	349.73	577.34	353.81	182.86	210.4	116.53
Other Current Liabilities	778.92	131.7	190.3	171.24	275.24	239.21
Total Current Liabilities	5,447	5,795	3,941	3,990	3,573	2,850
Long-Term Debt	-	-	298	-	-	-
Long-Term Leases	4.44	1.53	1.59	2.55	4.17	6.39
Long-Term Unearned Revenue	47.55	48.23	54.63	62.36	70.5	67.79
Long-Term Deferred Tax Liabilities	-	-	-	-	1.21	1.32
Total Liabilities	5,499	5,845	4,295	4,055	3,648	2,925
Common Stock	775.28	775.53	768.64	760.39	749.06	749.06
Additional Paid-In Capital	1,210	1,183	1,054	914.11	818.2	806.73
Retained Earnings	3,198	2,853	2,577	2,106	1,654	1,375
Treasury Stock	-210.03	-211.81	-126.76	-83.02	-	-
Comprehensive Income & Other	28.04	38.98	49.87	43.37	30.29	-4.16
Total Common Equity	5,001	4,638	4,323	3,741	3,251	2,927
Minority Interest	29.45	29.31	93.09	82.87	70.51	55.91
Shareholders' Equity	5,031	4,668	4,416	3,824	3,322	2,983
Total Liabilities & Equity	10,530	10,513	8,711	7,879	6,970	5,908
Total Debt	1,731	1,679	1,231	1,139	979.74	821.59
Net Cash (Debt)	1,257	1,095	566.12	217.63	-76.54	-268.74
Net Cash Growth	49.78%	93.35%	160.12%	-	-	-
Net Cash Per Share	1.65	1.44	0.74	0.29	-0.10	-0.36
Filing Date Shares Outstanding	767.08	775.53	768.64	760.39	749.06	749.06
Total Common Shares Outstanding	767.08	775.53	768.64	760.39	749.06	749.06
Working Capital	3,414	3,070	3,172	2,194	1,632	1,311
Book Value Per Share	6.52	5.98	5.62	4.92	4.34	3.91
Tangible Book Value	4,832	4,479	4,170	3,590	3,098	2,769
Tangible Book Value Per Share	6.30	5.78	5.43	4.72	4.14	3.70
Land	-	23.83	24.37	24.01	23.61	21.61
Buildings	-	1,048	1,026	1,022	1,018	905.03
Machinery	-	1,336	1,292	1,273	1,116	1,050
Construction In Progress	-	85.34	25.18	7.27	120.41	167.76

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