Zhejiang Xinao Textiles Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	899.63	749.67	531.91	1,027	954.88	641.82
Short-Term Investments	-	165.88	-	-	-	-
Trading Asset Securities	0.01	-	54.61	138.22	155	101.28
Cash & Short-Term Investments	899.64	915.55	586.51	1,165	1,110	743.11
Cash Growth	-8.84%	56.10%	-49.66%	4.97%	49.36%	-2.67%
Accounts Receivable	853.51	537.5	483.19	462.12	387.96	284.6
Other Receivables	7.04	2.99	3.36	18.84	33.49	2.03
Receivables	860.55	540.5	486.55	480.96	421.45	286.63
Inventory	2,970	2,323	1,990	1,856	1,745	1,497
Prepaid Expenses	-	0.06	0.09	0.09	0.08	-
Other Current Assets	225.08	60.54	39.79	21.42	30.42	93.19
Total Current Assets	4,955	3,840	3,103	3,524	3,307	2,620
Property, Plant & Equipment	2,105	2,157	2,144	1,747	1,210	1,237
Long-Term Investments	-	-	181.71	126.73	-	-
Other Intangible Assets	191.72	175.51	180.11	185.16	97.72	98.72
Long-Term Deferred Tax Assets	18.83	14.59	12.7	11.73	10.17	9.13
Long-Term Deferred Charges	4.03	4.46	0.81	0.98	1.78	1.71
Other Long-Term Assets	285.74	191.08	66.71	49.19	18.88	6.39
Total Assets	7,560	6,383	5,689	5,645	4,646	3,973

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	610.03	412.43	453.78	798.42	593.07	363.7
Accrued Expenses	115.84	148.73	149.15	148.77	112.43	103.11
Short-Term Debt	1,801	816.07	508.07	600.38	625.08	572.03
Current Portion of Long-Term Debt	85.37	174.98	200.53	239.72	-	-
Current Portion of Leases	-	0.64	0.45	0.49	5.69	5.02
Current Income Taxes Payable	49.82	25.39	12.33	13.69	11.71	13.15
Current Unearned Revenue	117.26	79.12	64.71	58.81	58.9	73
Other Current Liabilities	39.62	40.92	69.88	89.92	39.6	39.64
Total Current Liabilities	2,819	1,698	1,459	1,950	1,446	1,170
Long-Term Debt	442.97	605.92	656.02	380.21	150.15	-
Long-Term Leases	0.75	1.25	1.16	0.12	6.07	11.81
Long-Term Unearned Revenue	27.23	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	0.72
Total Liabilities	3,290	2,333	2,138	2,350	1,615	1,196

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	949.2	730.24	730.49	730.66	511.75	511.75
Additional Paid-In Capital	712.85	928.8	908.73	891.58	1,049	1,045
Retained Earnings	2,285	2,070	1,809	1,600	1,401	1,164
Treasury Stock	-20.49	-22.69	-40.41	-58.41	-	-
Comprehensive Income & Other	-25.26	-6.64	-4.58	6.23	-4.22	-3.83
Total Common Equity	3,902	3,700	3,404	3,170	2,957	2,718
Minority Interest	367.71	350.5	147.64	125.17	74.17	59.3
Shareholders' Equity	4,269	4,051	3,551	3,296	3,031	2,777
Total Liabilities & Equity	7,560	6,383	5,689	5,645	4,646	3,973

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	2,330	1,599	1,366	1,221	786.98	588.86
Net Cash (Debt)	-1,430	-683.31	-779.73	-55.85	322.9	154.25
Net Cash Growth	-	-	-	-	109.34%	-68.77%
Net Cash Per Share	-1.52	-0.72	-0.83	-0.06	0.34	0.16
Filing Date Shares Outstanding	949.2	949.31	949.64	949.85	931.38	931.38
Total Common Shares Outstanding	949.2	949.31	949.64	949.85	931.38	931.38
Working Capital	2,136	2,142	1,644	1,574	1,861	1,451
Book Value Per Share	4.11	3.90	3.58	3.34	3.18	2.92
Tangible Book Value	3,710	3,525	3,224	2,985	2,859	2,619
Tangible Book Value Per Share	3.91	3.71	3.39	3.14	3.07	2.81
Buildings	-	1,252	1,172	1,080	788.39	672.97
Machinery	-	2,205	1,945	1,567	1,242	1,149
Construction In Progress	-	97.03	214.07	123.36	52.78	172.43