Zhejiang Huayou Cobalt 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	22,335	17,626	19,452	15,260	15,436	9,769
Trading Asset Securities	72.87	80	279.86	171.14	251.99	332.75
Cash & Short-Term Investments	22,408	17,706	19,731	15,431	15,688	10,102
Cash Growth	17.59%	-10.27%	27.87%	-1.64%	55.29%	327.23%
Accounts Receivable	13,159	10,990	8,231	10,403	10,475	5,703
Other Receivables	403.36	420.7	274.71	392.88	580.63	235.19
Receivables	13,562	11,410	8,505	10,795	11,056	5,938
Inventory	30,311	25,624	17,297	15,763	17,692	9,035
Prepaid Expenses	-	80.64	18.12	46.03	-	-
Other Current Assets	13,985	13,233	8,548	7,096	5,135	1,916
Total Current Assets	80,266	68,054	54,099	49,132	49,570	26,991
Property, Plant & Equipment	68,587	66,460	61,059	57,265	40,621	22,009
Long-Term Investments	12,159	12,325	12,541	9,762	8,485	3,469
Goodwill	595.07	595.59	597.66	456.35	458.42	460.48
Other Intangible Assets	4,937	4,573	4,918	3,914	4,067	1,192
Long-Term Deferred Tax Assets	1,029	1,072	604.9	565.17	830.69	370.77
Long-Term Deferred Charges	85.13	47.72	58.11	69.86	79.31	98.74
Other Long-Term Assets	5,555	4,947	2,259	3,852	5,995	3,062
Total Assets	174,669	159,438	136,591	125,520	110,592	57,989
Accounts Payable	27,265	25,405	16,251	20,022	25,393	11,044
Accrued Expenses	414.11	1,174	1,060	920.07	953.11	948.24
Short-Term Debt	34,160	29,961	24,643	18,037	15,927	9,024
Current Portion of Long-Term Debt	10,774	9,318	6,950	5,959	3,986	1,912
Current Portion of Leases	-	2,204	2,050	2,197	1,772	705.71
Current Income Taxes Payable	1,361	707.75	249.87	138.76	264.95	578.08
Current Unearned Revenue	3,410	1,275	867.72	431.04	2,359	78.97
Other Current Liabilities	3,744	1,313	270.54	1,162	2,795	1,272
Total Current Liabilities	81,128	71,359	52,343	48,867	53,450	25,562
Long-Term Debt	25,427	20,624	29,334	29,051	20,904	7,058
Long-Term Leases	37.34	2,106	1,800	2,081	2,560	774.02
Long-Term Unearned Revenue	4,228	4,366	4,309	666.55	592.73	518.87
Long-Term Deferred Tax Liabilities	122.33	71.91	75.26	56.94	359.88	148.33
Other Long-Term Liabilities	94.74	90.29	69.47	65.28	42.98	26.77
Total Liabilities	111,038	98,617	87,931	80,787	77,910	34,088
Common Stock	1,897	1,897	1,692	1,710	1,600	1,221
Additional Paid-In Capital	-	22,818	15,395	16,053	10,399	10,218
Retained Earnings	25,522	23,025	17,749	15,260	12,232	8,686
Treasury Stock	-220.38	-220.38	-892.83	-1,324	-631.01	-339.23
Comprehensive Income & Other	23,311	776.37	3,002	2,579	2,294	-402.71
Total Common Equity	50,510	48,295	36,946	34,278	25,893	19,384
Minority Interest	13,122	12,525	11,715	10,456	6,789	4,517
Shareholders' Equity	63,631	60,821	48,661	44,733	32,682	23,901
Total Liabilities & Equity	174,669	159,438	136,591	125,520	110,592	57,989
Total Debt	70,399	64,214	64,778	57,324	45,149	19,473
Net Cash (Debt)	-47,991	-46,508	-45,046	-41,893	-29,461	-9,371
Net Cash Per Share	-25.58	-25.35	-25.91	-25.63	-18.66	-5.99
Filing Date Shares Outstanding	1,878	1,874	1,669	1,710	1,600	1,588
Total Common Shares Outstanding	1,878	1,874	1,669	1,710	1,600	1,588
Working Capital	-861.7	-3,304	1,757	264.82	-3,880	1,429
Book Value Per Share	26.90	25.77	22.13	20.04	16.19	12.21
Tangible Book Value	44,978	43,127	31,430	29,907	21,368	17,731
Tangible Book Value Per Share	23.95	23.01	18.83	17.49	13.36	11.17
Buildings	-	21,634	19,302	15,649	9,414	5,363
Machinery	-	48,627	44,286	38,916	22,345	10,410
Construction In Progress	-	12,999	9,902	10,820	14,282	9,820

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