WG TECH (Jiang Xi) 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	611.9	765.15	639.51	385.84	298.26	475.34
Trading Asset Securities	38	31.15	67.33	-	-	-
Cash & Short-Term Investments	649.9	796.3	706.84	385.84	298.26	475.34
Cash Growth	-25.45%	12.66%	83.20%	29.36%	-37.25%	-33.44%
Accounts Receivable	1,096	1,136	1,020	992.47	582.8	273.53
Other Receivables	13.69	12.99	0.02	9.9	11.71	2
Receivables	1,110	1,149	1,020	1,002	594.51	275.53
Inventory	153.37	122.87	139.59	120.84	136.26	21.83
Other Current Assets	78.02	74.76	50.15	168.83	23.63	29.26
Total Current Assets	1,991	2,143	1,917	1,678	1,053	801.97
Property, Plant & Equipment	1,865	1,805	1,408	1,012	1,130	996.09
Long-Term Investments	70.87	78.64	99.68	81.42	-	17.4
Goodwill	190.45	190.45	197.72	203.78	241.49	37.71
Other Intangible Assets	127.92	116.9	107.59	106.21	108.73	110.58
Long-Term Accounts Receivable	0.62	1.96	3.62	-	0.56	-
Long-Term Deferred Tax Assets	34.99	29.84	35.39	22.31	26.74	19.67
Long-Term Deferred Charges	31.78	34.99	24.18	33.42	19.51	3.02
Other Long-Term Assets	50.83	34.36	23.14	83.11	25.34	26.11
Total Assets	4,363	4,434	3,816	3,220	2,605	2,013
Accounts Payable	750.38	912.95	678.6	630.29	333.45	197.31
Accrued Expenses	52.17	54.43	42.17	58.8	70.13	27.63
Short-Term Debt	852.9	826.67	762.9	746.43	372.28	149.94
Current Portion of Long-Term Debt	210.61	92.3	30.52	25.04	-	-
Current Portion of Leases	-	12.32	11.83	10.2	18.68	-
Current Income Taxes Payable	24.39	7.16	6.41	11.07	7.36	2.71
Current Unearned Revenue	1.93	3.53	1.29	1.89	1.18	0.05
Other Current Liabilities	75.05	96.74	139.68	120.55	41.23	9.28
Total Current Liabilities	1,967	2,006	1,673	1,604	844.3	386.93
Long-Term Debt	754.08	753.64	424.8	14.8	-	-
Long-Term Leases	51.77	90.27	24.14	19.98	26.91	-
Long-Term Unearned Revenue	98.46	63.05	51.85	16.02	18.88	10.42
Long-Term Deferred Tax Liabilities	1.69	1.81	0.69	0.81	1	-
Other Long-Term Liabilities	122.99	87.38	102.21	60.22	79.99	-
Total Liabilities	2,996	3,002	2,277	1,716	971.09	397.35
Common Stock	224.57	223.13	171.38	171.18	122.36	94.6
Additional Paid-In Capital	1,017	984.85	1,026	1,019	937.7	964.4
Retained Earnings	-31.14	46.88	179.53	184.07	524.46	556.19
Treasury Stock	-45.82	-2.46	-2.69	-	-52.8	-
Comprehensive Income & Other	1.86	2.12	1.64	1.24	0.01	-
Total Common Equity	1,166	1,255	1,376	1,376	1,532	1,615
Minority Interest	200.98	177.59	162.76	128.32	102.55	-
Shareholders' Equity	1,367	1,432	1,539	1,504	1,634	1,615
Total Liabilities & Equity	4,363	4,434	3,816	3,220	2,605	2,013
Total Debt	1,869	1,775	1,254	816.46	417.87	149.94
Net Cash (Debt)	-1,219	-978.9	-547.36	-430.62	-119.61	325.4
Net Cash Growth	-	-	-	-	-	-54.37%
Net Cash Per Share	-5.54	-4.44	-2.46	-2.04	-0.58	1.57
Filing Date Shares Outstanding	222.71	222.3	222.8	222.54	203.3	207.83
Total Common Shares Outstanding	222.71	223.13	222.8	222.54	203.3	207.83
Working Capital	23.37	136.45	243.24	73.61	208.36	415.04
Book Value Per Share	5.24	5.62	6.18	6.18	7.53	7.77
Tangible Book Value	847.65	947.18	1,071	1,066	1,182	1,467
Tangible Book Value Per Share	3.81	4.25	4.81	4.79	5.81	7.06
Buildings	-	980.7	823.84	560.76	527.54	466.53
Machinery	-	968.06	913.25	838.52	914.25	766.37
Construction In Progress	-	448.48	250.98	112.74	76.06	79.44

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.