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 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	1,153	1,117	982.39	774.17	892.38	574.21
Short-Term Investments	-	-	303.22	395.22	398.73	1,037
Trading Asset Securities	658.4	611.75	633.62	420.66	774.53	555.58
Cash & Short-Term Investments	1,812	1,729	1,919	1,590	2,066	2,167
Cash Growth	14.46%	-9.92%	20.70%	-23.02%	-4.68%	-5.20%
Accounts Receivable	659.07	718.29	659.82	703.8	537.06	656.65
Other Receivables	17.07	16.89	29.27	31.02	0.33	6.24
Receivables	676.14	735.18	689.1	734.82	537.39	662.88
Inventory	408.45	426.26	527.63	546.96	676.63	702.8
Other Current Assets	284.18	332.97	21.76	30.57	40.13	49.87
Total Current Assets	3,180	3,223	3,158	2,902	3,320	3,583
Property, Plant & Equipment	656.49	678.17	800.64	893.53	1,263	1,431
Long-Term Investments	236.4	225.96	228.42	211.98	182.36	156.09
Goodwill	7.5	7.5	7.5	7.5	7.5	7.5
Other Intangible Assets	81.6	82.44	114.75	106.46	103.68	113
Long-Term Deferred Tax Assets	14.8	12.01	10.74	12.17	14.11	13.75
Long-Term Deferred Charges	1.21	1.27	1.54	18.29	35.87	35.96
Other Long-Term Assets	268.45	295.58	326.49	377.81	313.17	60.97
Total Assets	4,447	4,526	4,648	4,530	5,240	5,401
Accounts Payable	206.47	285.26	343.75	334.52	558.38	538.41
Accrued Expenses	17.93	41.7	53.79	50.11	45.45	57.53
Short-Term Debt	70.11	70.11	124.97	64.96	268.47	99.99
Current Portion of Long-Term Debt	2.47	3.35	-	-	-	-
Current Portion of Leases	-	-	1.92	1.23	1.64	1.58
Current Income Taxes Payable	27.35	23.72	11.79	7.05	5.47	57.52
Current Unearned Revenue	31.72	26.73	57.49	79.44	55.42	30.2
Other Current Liabilities	25.09	26.77	20.47	26	23.62	20.36
Total Current Liabilities	381.13	477.65	614.16	563.33	958.44	805.6
Long-Term Leases	6.94	6.54	0.6	1.34	2.44	4.13
Long-Term Unearned Revenue	42.72	43.82	37.56	42.06	46.05	37.99
Long-Term Deferred Tax Liabilities	57.01	56.35	58.54	16.75	22.89	29.4
Other Long-Term Liabilities	7.12	7.12	6.5	6.14	11.98	6
Total Liabilities	494.93	591.5	717.36	629.61	1,042	883.12
Common Stock	676.83	676.83	676.83	700	700	700
Additional Paid-In Capital	1,082	1,082	1,082	1,153	1,145	1,144
Retained Earnings	2,181	2,162	2,155	2,033	2,329	2,644
Comprehensive Income & Other	1.71	1.26	2.04	2.02	0.18	-
Total Common Equity	3,941	3,922	3,916	3,887	4,174	4,488
Minority Interest	10.57	12.29	14.07	13.4	23.69	29.88
Shareholders' Equity	3,952	3,935	3,930	3,901	4,198	4,518
Total Liabilities & Equity	4,447	4,526	4,648	4,530	5,240	5,401
Total Debt	79.52	80	127.48	67.53	272.54	105.7
Net Cash (Debt)	1,732	1,649	1,792	1,523	1,793	2,061
Net Cash Growth	18.58%	-7.97%	17.68%	-15.09%	-13.01%	-6.36%
Net Cash Per Share	0.32	0.30	2.63	2.15	2.57	2.87
Filing Date Shares Outstanding	676.15	19,553	676.83	700	700	700
Total Common Shares Outstanding	676.15	19,553	676.83	700	700	700
Working Capital	2,799	2,746	2,544	2,339	2,361	2,777
Book Value Per Share	5.83	0.20	5.79	5.55	5.96	6.41
Tangible Book Value	3,852	3,833	3,794	3,773	4,063	4,368
Tangible Book Value Per Share	5.70	0.20	5.61	5.39	5.80	6.24
Buildings	-	-	629.66	629.37	635.04	601.59
Machinery	-	-	1,732	1,724	1,854	1,915
Construction In Progress	-	-	8.92	9.65	80.38	119.51

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