Jiangsu Xinri E-Vehicle 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	510	336.39	969.51	1,441	1,170	1,861
Trading Asset Securities	860.18	310.73	330.57	-	-	-
Cash & Short-Term Investments	1,370	647.12	1,300	1,441	1,170	1,861
Cash Growth	30.61%	-50.22%	-9.80%	23.17%	-37.13%	114.93%
Accounts Receivable	455.03	424.09	326.58	237.32	315.87	190.7
Other Receivables	12.62	10.19	5.92	7.49	5.55	7.56
Receivables	467.65	434.28	332.51	244.8	321.42	198.26
Inventory	215.77	184.36	175.09	252.89	196.56	311.26
Other Current Assets	66.13	41.56	228.96	87.31	145.1	111.83
Total Current Assets	2,120	1,307	2,037	2,026	1,833	2,483
Property, Plant & Equipment	1,185	1,185	1,047	847.95	569.12	444.8
Long-Term Investments	39.62	16.33	16.75	44.04	49.15	22.2
Other Intangible Assets	319.08	334.34	258.58	266.85	309.06	209.93
Long-Term Deferred Tax Assets	63.87	60.6	45.36	34.6	34.2	33.95
Long-Term Deferred Charges	62.89	82.54	105.37	70.35	0.49	0.68
Other Long-Term Assets	219.97	205.52	93.45	26.78	26.85	35.98
Total Assets	4,025	3,191	3,603	3,317	2,822	3,230
Accounts Payable	1,997	1,202	1,611	1,682	1,440	1,788
Accrued Expenses	22.1	39.84	39.91	41.1	28.18	52.59
Current Portion of Leases	1.74	0.24	-	4.57	1.21	-
Current Income Taxes Payable	23.26	0.82	2.6	1.89	1.29	6.17
Current Unearned Revenue	122.29	137.73	125.22	156.72	113.26	114.24
Other Current Liabilities	242.65	265.27	254.36	256.28	219.46	200.5
Total Current Liabilities	2,409	1,645	2,033	2,143	1,803	2,161
Long-Term Leases	3.98	0.27	-	1.02	0.18	-
Long-Term Unearned Revenue	14.5	15.81	18.66	12.96	14.65	18.47
Long-Term Deferred Tax Liabilities	1.17	0.79	2.47	1.82	0.12	4.56
Other Long-Term Liabilities	-	-	0.65	0.76	0.09	1.28
Total Liabilities	2,429	1,662	2,055	2,159	1,818	2,186
Common Stock	230.14	230.14	230.14	204	204	204
Additional Paid-In Capital	610.28	610.28	610.28	227.12	221.69	221.69
Retained Earnings	762.17	692.44	712.85	726.87	574.89	614.52
Comprehensive Income & Other	-12.56	-8.43	-7.22	-2.68	0.41	-
Total Common Equity	1,590	1,524	1,546	1,155	1,001	1,040
Minority Interest	5.84	4.44	2.34	2.56	3.01	4.48
Shareholders' Equity	1,596	1,529	1,548	1,158	1,004	1,045
Total Liabilities & Equity	4,025	3,191	3,603	3,317	2,822	3,230
Total Debt	5.72	0.51	-	5.59	1.4	-
Net Cash (Debt)	1,364	646.61	1,300	1,436	1,169	1,861
Net Cash Growth	30.10%	-50.26%	-9.45%	22.84%	-37.20%	114.93%
Net Cash Per Share	5.84	2.78	5.91	6.98	6.17	9.11
Filing Date Shares Outstanding	230.14	230.14	230.14	204	204	204
Total Common Shares Outstanding	230.14	230.14	230.14	204	204	204
Working Capital	-289.34	-338.15	3.46	-116.16	30.19	321.46
Book Value Per Share	6.91	6.62	6.72	5.66	4.91	5.10
Tangible Book Value	1,271	1,190	1,287	888.45	691.93	830.28
Tangible Book Value Per Share	5.52	5.17	5.59	4.36	3.39	4.07
Buildings	-	1,021	565.78	467.27	285.28	285.28
Machinery	-	608.35	589.16	505.76	399.04	360.49
Construction In Progress	-	69.06	336.82	243.67	212.33	97.41

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