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	Jun '26 Jun 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	793.85	749.67	531.91	1,027	954.88	641.82
Short-Term Investments	-	165.88	-	-	-	-
Trading Asset Securities	-	-	54.61	138.22	155	101.28
Cash & Short-Term Investments	793.85	915.55	586.51	1,165	1,110	743.11
Cash Growth	-7.64%	56.10%	-49.66%	4.97%	49.36%	-2.67%
Accounts Receivable	882.69	537.5	483.19	462.12	387.96	284.6
Other Receivables	4.52	2.99	3.36	18.84	33.49	2.03
Receivables	887.21	540.5	486.55	480.96	421.45	286.63
Inventory	2,812	2,323	1,990	1,856	1,745	1,497
Prepaid Expenses	-	0.06	0.09	0.09	0.08	-
Other Current Assets	224.14	60.54	39.79	21.42	30.42	93.19
Total Current Assets	4,718	3,840	3,103	3,524	3,307	2,620
Property, Plant & Equipment	2,119	2,157	2,144	1,747	1,210	1,237
Long-Term Investments	-	-	181.71	126.73	-	-
Other Intangible Assets	191.44	175.51	180.11	185.16	97.72	98.72
Long-Term Deferred Tax Assets	16.3	14.59	12.7	11.73	10.17	9.13
Long-Term Deferred Charges	3.94	4.46	0.81	0.98	1.78	1.71
Other Long-Term Assets	174.07	191.08	66.71	49.19	18.88	6.39
Total Assets	7,222	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	Jun '26 Jun 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	713.8	412.43	453.78	798.42	593.07	363.7
Accrued Expenses	92.82	148.73	149.15	148.77	112.43	103.11
Short-Term Debt	1,392	816.07	508.07	600.38	625.08	572.03
Current Portion of Long-Term Debt	190.67	174.98	200.53	239.72	-	-
Current Portion of Leases	-	0.64	0.45	0.49	5.69	5.02
Current Income Taxes Payable	64.49	25.39	12.33	13.69	11.71	13.15
Current Unearned Revenue	113.29	79.12	64.71	58.81	58.9	73
Other Current Liabilities	42.01	40.92	69.88	89.92	39.6	39.64
Total Current Liabilities	2,609	1,698	1,459	1,950	1,446	1,170
Long-Term Debt	467.37	605.92	656.02	380.21	150.15	-
Long-Term Leases	0.92	1.25	1.16	0.12	6.07	11.81
Long-Term Unearned Revenue	28.47	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	3,106	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	Jun '26 Jun 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	710.79	928.8	908.73	891.58	1,049	1,045
Retained Earnings	2,140	2,070	1,809	1,600	1,401	1,164
Treasury Stock	-20.49	-22.69	-40.41	-58.41	-	-
Comprehensive Income & Other	-21.85	-6.64	-4.58	6.23	-4.22	-3.83
Total Common Equity	3,758	3,700	3,404	3,170	2,957	2,718
Minority Interest	358.03	350.5	147.64	125.17	74.17	59.3
Shareholders' Equity	4,116	4,051	3,551	3,296	3,031	2,777
Total Liabilities & Equity	7,222	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	Jun '26 Jun 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	2,051	1,599	1,366	1,221	786.98	588.86
Net Cash (Debt)	-1,257	-683.31	-779.73	-55.85	322.9	154.25
Net Cash Growth	-	-	-	-	109.34%	-68.77%
Net Cash Per Share	-1.32	-0.72	-0.83	-0.06	0.34	0.16
Filing Date Shares Outstanding	996.24	949.31	949.64	949.85	931.38	931.38
Total Common Shares Outstanding	996.24	949.31	949.64	949.85	931.38	931.38
Working Capital	2,109	2,142	1,644	1,574	1,861	1,451
Book Value Per Share	3.77	3.90	3.58	3.34	3.18	2.92
Tangible Book Value	3,566	3,525	3,224	2,985	2,859	2,619
Tangible Book Value Per Share	3.58	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