Zhejiang Jihua Group Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	1,076	982.39	774.17	892.38	574.21	677.04
Short-Term Investments	-	303.22	395.22	398.73	1,037	1,135
Trading Asset Securities	566	633.62	420.66	774.53	555.58	473.81
Cash & Short-Term Investments	1,642	1,919	1,590	2,066	2,167	2,286
Cash Growth	15.05%	20.70%	-23.02%	-4.68%	-5.20%	-5.12%
Accounts Receivable	578.65	659.82	703.8	537.06	656.65	569
Other Receivables	18.42	29.27	31.02	0.33	6.24	12.87
Receivables	597.07	689.1	734.82	537.39	662.88	581.87
Inventory	469.88	527.63	546.96	676.63	702.8	671.18
Other Current Assets	453.81	21.76	30.57	40.13	49.87	58.16
Total Current Assets	3,162	3,158	2,902	3,320	3,583	3,597
Property, Plant & Equipment	687.64	800.64	893.53	1,263	1,431	1,497
Long-Term Investments	231.71	228.42	211.98	182.36	156.09	114.68
Goodwill	7.5	7.5	7.5	7.5	7.5	12.7
Other Intangible Assets	84.08	114.75	106.46	103.68	113	125.59
Long-Term Deferred Tax Assets	15.73	10.74	12.17	14.11	13.75	15.8
Long-Term Deferred Charges	1.34	1.54	18.29	35.87	35.96	29.84
Other Long-Term Assets	293.08	326.49	377.81	313.17	60.97	25.62
Total Assets	4,483	4,648	4,530	5,240	5,401	5,419
Accounts Payable	247.9	343.75	334.52	558.38	538.41	530.91
Accrued Expenses	37.35	53.79	50.11	45.45	57.53	51.32
Short-Term Debt	120.11	124.97	64.96	268.47	99.99	84.49
Current Portion of Leases	0.65	1.92	1.23	1.64	1.58	-
Current Income Taxes Payable	22.39	11.79	7.05	5.47	57.52	26.56
Current Unearned Revenue	27.56	57.49	79.44	55.42	30.2	95.22
Other Current Liabilities	25.92	20.47	26	23.62	20.36	32.92
Total Current Liabilities	481.89	614.16	563.33	958.44	805.6	821.43
Long-Term Leases	0.61	0.6	1.34	2.44	4.13	-
Long-Term Unearned Revenue	47.3	37.56	42.06	46.05	37.99	33.61
Long-Term Deferred Tax Liabilities	55.02	58.54	16.75	22.89	29.4	54.38
Other Long-Term Liabilities	6.1	6.5	6.14	11.98	6	6
Total Liabilities	590.92	717.36	629.61	1,042	883.12	915.42
Common Stock	676.83	676.83	700	700	700	700
Additional Paid-In Capital	1,082	1,082	1,153	1,145	1,144	1,143
Retained Earnings	2,122	2,155	2,033	2,329	2,644	2,623
Comprehensive Income & Other	1.75	2.04	2.02	0.18	-	-
Total Common Equity	3,883	3,916	3,887	4,174	4,488	4,466
Minority Interest	9.37	14.07	13.4	23.69	29.88	36.82
Shareholders' Equity	3,892	3,930	3,901	4,198	4,518	4,503
Total Liabilities & Equity	4,483	4,648	4,530	5,240	5,401	5,419
Total Debt	121.38	127.48	67.53	272.54	105.7	84.49
Net Cash (Debt)	1,520	1,792	1,523	1,793	2,061	2,201
Net Cash Growth	16.51%	17.68%	-15.09%	-13.01%	-6.36%	-4.19%
Net Cash Per Share	2.21	2.63	2.15	2.57	2.87	3.15
Filing Date Shares Outstanding	676.83	676.83	700	700	700	700
Total Common Shares Outstanding	676.83	676.83	700	700	700	700
Working Capital	2,680	2,544	2,339	2,361	2,777	2,776
Book Value Per Share	5.74	5.79	5.55	5.96	6.41	6.38
Tangible Book Value	3,792	3,794	3,773	4,063	4,368	4,328
Tangible Book Value Per Share	5.60	5.61	5.39	5.80	6.24	6.18
Buildings	-	629.66	629.37	635.04	601.59	553.98
Machinery	-	1,732	1,724	1,854	1,915	1,731
Construction In Progress	-	8.92	9.65	80.38	119.51	257.18

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