Zhejiang Xinao Textiles Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	749.67	531.91	1,027	954.88	641.82
Trading Asset Securities	-	54.61	138.22	155	101.28
Cash & Short-Term Investments	749.67	586.51	1,165	1,110	743.11
Cash Growth	27.82%	-49.66%	4.97%	49.36%	-2.67%
Accounts Receivable	537.5	483.19	462.12	387.96	284.6
Other Receivables	2.99	3.36	18.84	33.49	2.03
Receivables	540.5	486.55	480.96	421.45	286.63
Inventory	2,323	1,990	1,856	1,745	1,497
Prepaid Expenses	-	0.09	0.09	0.08	-
Other Current Assets	226.48	39.79	21.42	30.42	93.19
Total Current Assets	3,840	3,103	3,524	3,307	2,620
Property, Plant & Equipment	2,157	2,144	1,747	1,210	1,237
Long-Term Investments	-	181.71	126.73	-	-
Other Intangible Assets	175.51	180.11	185.16	97.72	98.72
Long-Term Deferred Tax Assets	14.59	12.7	11.73	10.17	9.13
Long-Term Deferred Charges	4.46	0.81	0.98	1.78	1.71
Other Long-Term Assets	191.08	66.71	49.19	18.88	6.39
Total Assets	6,383	5,689	5,645	4,646	3,973
Accounts Payable	412.43	453.78	798.42	593.07	363.7
Accrued Expenses	132.42	149.15	148.77	112.43	103.11
Short-Term Debt	816.07	508.07	600.38	625.08	572.03
Current Portion of Long-Term Debt	175.62	200.53	239.72	-	-
Current Portion of Leases	-	0.45	0.49	5.69	5.02
Current Income Taxes Payable	43.77	12.33	13.69	11.71	13.15
Current Unearned Revenue	79.12	64.71	58.81	58.9	73
Other Current Liabilities	38.85	69.88	89.92	39.6	39.64
Total Current Liabilities	1,698	1,459	1,950	1,446	1,170
Long-Term Debt	605.92	656.02	380.21	150.15	-
Long-Term Leases	1.25	1.16	0.12	6.07	11.81
Long-Term Unearned Revenue	26.36	21.39	18.51	11.38	13.55
Long-Term Deferred Tax Liabilities	0.72	0.72	0.72	0.72	0.72
Total Liabilities	2,333	2,138	2,350	1,615	1,196
Common Stock	730.24	730.49	730.66	511.75	511.75
Additional Paid-In Capital	928.8	908.73	891.58	1,049	1,045
Retained Earnings	2,070	1,809	1,600	1,401	1,164
Treasury Stock	-22.69	-40.41	-58.41	-	-
Comprehensive Income & Other	-6.64	-4.58	6.23	-4.22	-3.83
Total Common Equity	3,700	3,404	3,170	2,957	2,718
Minority Interest	350.5	147.64	125.17	74.17	59.3
Shareholders' Equity	4,051	3,551	3,296	3,031	2,777
Total Liabilities & Equity	6,383	5,689	5,645	4,646	3,973
Total Debt	1,599	1,366	1,221	786.98	588.86
Net Cash (Debt)	-849.2	-779.73	-55.85	322.9	154.25
Net Cash Growth	-	-	-	109.34%	-68.77%
Net Cash Per Share	-1.17	-1.07	-0.08	0.45	0.21
Filing Date Shares Outstanding	732.47	730.49	730.66	716.44	716.44
Total Common Shares Outstanding	732.47	730.49	730.66	716.44	716.44
Working Capital	2,142	1,644	1,574	1,861	1,451
Book Value Per Share	5.05	4.66	4.34	4.13	3.79
Tangible Book Value	3,525	3,224	2,985	2,859	2,619
Tangible Book Value Per Share	4.81	4.41	4.09	3.99	3.66
Buildings	-	1,177	1,080	788.39	672.97
Machinery	-	1,940	1,567	1,242	1,149
Construction In Progress	-	214.07	123.36	52.78	172.43

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