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 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	328.46	343.26	336.39	969.51	1,441	1,170
Short-Term Investments	-	82.6	-	-	-	-
Trading Asset Securities	327.01	390.94	310.73	330.57	-	-
Cash & Short-Term Investments	655.47	816.8	647.12	1,300	1,441	1,170
Cash Growth	-24.77%	26.22%	-50.22%	-9.80%	23.17%	-37.13%
Accounts Receivable	402.84	445.79	424.09	326.58	237.32	315.87
Other Receivables	14.3	12.79	10.19	5.92	7.49	5.55
Receivables	417.14	458.58	434.28	332.51	244.8	321.42
Inventory	233.24	263.25	184.36	175.09	252.89	196.56
Other Current Assets	132.58	38.62	41.56	228.96	87.31	145.1
Total Current Assets	1,438	1,577	1,307	2,037	2,026	1,833
Property, Plant & Equipment	1,068	1,148	1,185	1,047	847.95	569.12
Long-Term Investments	19.39	19.93	16.33	16.75	44.04	49.15
Other Intangible Assets	271.7	317.02	334.34	258.58	266.85	309.06
Long-Term Deferred Tax Assets	65.32	67.05	60.6	45.36	34.6	34.2
Long-Term Deferred Charges	52.74	55.44	82.54	105.37	70.35	0.49
Other Long-Term Assets	247.27	243.18	205.52	93.45	26.78	26.85
Total Assets	3,162	3,428	3,191	3,603	3,317	2,822
Accounts Payable	1,183	1,368	1,202	1,611	1,682	1,440
Accrued Expenses	25.27	39.02	39.84	39.91	41.1	28.18
Current Portion of Leases	-	2.2	0.24	-	4.57	1.21
Current Income Taxes Payable	21.6	0.37	0.82	2.6	1.89	1.29
Current Unearned Revenue	120.87	130.04	137.73	125.22	156.72	113.26
Other Current Liabilities	242.72	341.55	265.27	254.36	256.28	219.46
Total Current Liabilities	1,594	1,881	1,645	2,033	2,143	1,803
Long-Term Leases	6.3	5.07	0.27	-	1.02	0.18
Long-Term Unearned Revenue	13.21	13.76	15.81	18.66	12.96	14.65
Long-Term Deferred Tax Liabilities	0.63	1.12	0.79	2.47	1.82	0.12
Other Long-Term Liabilities	-	-	-	0.65	0.76	0.09
Total Liabilities	1,614	1,901	1,662	2,055	2,159	1,818
Common Stock	230.14	230.14	230.14	230.14	204	204
Additional Paid-In Capital	610.28	610.28	610.28	610.28	227.12	221.69
Retained Earnings	722.16	697.02	692.44	712.85	726.87	574.89
Comprehensive Income & Other	-18.65	-15.21	-8.43	-7.22	-2.68	0.41
Total Common Equity	1,544	1,522	1,524	1,546	1,155	1,001
Minority Interest	4.56	4.92	4.44	2.34	2.56	3.01
Shareholders' Equity	1,548	1,527	1,529	1,548	1,158	1,004
Total Liabilities & Equity	3,162	3,428	3,191	3,603	3,317	2,822
Total Debt	6.3	7.28	0.51	-	5.59	1.4
Net Cash (Debt)	649.18	809.53	646.61	1,300	1,436	1,169
Net Cash Growth	-25.44%	25.20%	-50.26%	-9.45%	22.84%	-37.20%
Net Cash Per Share	2.83	3.52	2.78	5.91	6.98	6.17
Filing Date Shares Outstanding	230.14	230.14	230.14	230.14	204	204
Total Common Shares Outstanding	230.14	230.14	230.14	230.14	204	204
Working Capital	-155.41	-303.86	-338.15	3.46	-116.16	30.19
Book Value Per Share	6.71	6.61	6.62	6.72	5.66	4.91
Tangible Book Value	1,272	1,205	1,190	1,287	888.45	691.93
Tangible Book Value Per Share	5.53	5.24	5.17	5.59	4.36	3.39
Buildings	-	999.7	1,021	565.78	467.27	285.28
Machinery	-	620.8	608.35	589.16	505.76	399.04
Construction In Progress	-	93.27	69.06	336.82	243.67	212.33