Zhejiang Jihua Group 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	913.75	1,117	982.39	774.17	892.38	574.21
Short-Term Investments	139.91	320.73	303.22	395.22	398.73	1,037
Trading Asset Securities	970.05	611.75	633.62	420.66	774.53	555.58
Cash & Short-Term Investments	2,024	2,050	1,919	1,590	2,066	2,167
Cash Growth	-2.12%	6.80%	20.70%	-23.02%	-4.68%	-5.20%
Accounts Receivable	600.06	718.29	659.82	703.8	537.06	656.65
Other Receivables	18.84	16.89	29.27	31.02	0.33	6.24
Receivables	618.9	735.18	689.1	734.82	537.39	662.88
Inventory	458.02	426.26	527.63	546.96	676.63	702.8
Other Current Assets	23.66	12.24	21.76	30.57	40.13	49.87
Total Current Assets	3,124	3,223	3,158	2,902	3,320	3,583
Property, Plant & Equipment	638.85	678.17	800.64	893.53	1,263	1,431
Long-Term Investments	254.34	270.84	292.14	211.98	182.36	156.09
Goodwill	7.5	7.5	7.5	7.5	7.5	7.5
Other Intangible Assets	79.87	82.44	114.75	106.46	103.68	113
Long-Term Deferred Tax Assets	14.31	12.01	10.74	12.17	14.11	13.75
Long-Term Deferred Charges	1.33	1.27	1.54	18.29	35.87	35.96
Other Long-Term Assets	244.27	250.7	262.77	377.81	313.17	60.97
Total Assets	4,365	4,526	4,648	4,530	5,240	5,401

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	262.65	285.26	343.75	334.52	558.38	538.41
Accrued Expenses	34.79	52.88	53.79	50.11	45.45	57.53
Short-Term Debt	25.16	75.07	124.97	64.96	268.47	99.99
Current Portion of Leases	2.47	3.35	1.92	1.23	1.64	1.58
Current Income Taxes Payable	14.3	12.89	11.79	7.05	5.47	57.52
Current Unearned Revenue	17.39	27.1	57.49	79.44	55.42	30.2
Other Current Liabilities	17.15	21.11	20.47	26	23.62	20.36
Total Current Liabilities	373.91	477.65	614.16	563.33	958.44	805.6
Long-Term Leases	7.02	6.54	0.6	1.34	2.44	4.13
Long-Term Unearned Revenue	40.81	43.82	37.56	42.06	46.05	37.99
Long-Term Deferred Tax Liabilities	56.33	56.35	58.54	16.75	22.89	29.4
Other Long-Term Liabilities	8.52	7.12	6.5	6.14	11.98	6
Total Liabilities	486.58	591.5	717.36	629.61	1,042	883.12

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	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	2,109	2,162	2,155	2,033	2,329	2,644
Comprehensive Income & Other	2.37	1.26	2.04	2.02	0.18	-
Total Common Equity	3,870	3,922	3,916	3,887	4,174	4,488
Minority Interest	7.94	12.29	14.07	13.4	23.69	29.88
Shareholders' Equity	3,878	3,935	3,930	3,901	4,198	4,518
Total Liabilities & Equity	4,365	4,526	4,648	4,530	5,240	5,401

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	34.65	84.96	127.48	67.53	272.54	105.7
Net Cash (Debt)	1,989	1,965	1,792	1,523	1,793	2,061
Net Cash Growth	5.21%	9.65%	17.68%	-15.09%	-13.01%	-6.36%
Net Cash Per Share	2.94	2.90	2.63	2.15	2.57	2.87
Filing Date Shares Outstanding	676.83	676.83	676.83	700	700	700
Total Common Shares Outstanding	676.83	676.83	676.83	700	700	700
Working Capital	2,750	2,746	2,544	2,339	2,361	2,777
Book Value Per Share	5.72	5.80	5.79	5.55	5.96	6.41
Tangible Book Value	3,783	3,833	3,794	3,773	4,063	4,368
Tangible Book Value Per Share	5.59	5.66	5.61	5.39	5.80	6.24
Buildings	565.52	566	629.66	629.37	635.04	601.59
Machinery	1,736	1,727	1,732	1,724	1,854	1,915
Construction In Progress	13.68	12.71	8.92	9.65	80.38	119.51