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	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	1,390	1,117	982.39	774.17	892.38	574.21
Short-Term Investments	-	320.73	303.22	395.22	398.73	1,037
Trading Asset Securities	540.43	611.75	633.62	420.66	774.53	555.58
Cash & Short-Term Investments	1,931	2,050	1,919	1,590	2,066	2,167
Cash Growth	17.60%	6.80%	20.70%	-23.02%	-4.68%	-5.20%
Accounts Receivable	774.91	718.29	659.82	703.8	537.06	656.65
Other Receivables	10.61	16.89	29.27	31.02	0.33	6.24
Receivables	785.52	735.18	689.1	734.82	537.39	662.88
Inventory	444.6	426.26	527.63	546.96	676.63	702.8
Other Current Assets	99.68	12.24	21.76	30.57	40.13	49.87
Total Current Assets	3,260	3,223	3,158	2,902	3,320	3,583
Property, Plant & Equipment	560.78	678.17	800.64	893.53	1,263	1,431
Long-Term Investments	275.44	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	80.48	82.44	114.75	106.46	103.68	113
Long-Term Deferred Tax Assets	17.66	12.01	10.74	12.17	14.11	13.75
Long-Term Deferred Charges	1.26	1.27	1.54	18.29	35.87	35.96
Other Long-Term Assets	250.38	250.7	262.77	377.81	313.17	60.97
Total Assets	4,454	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	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	290.03	285.26	343.75	334.52	558.38	538.41
Accrued Expenses	29.7	52.88	53.79	50.11	45.45	57.53
Short-Term Debt	20.11	75.07	124.97	64.96	268.47	99.99
Current Portion of Leases	-	3.35	1.92	1.23	1.64	1.58
Current Income Taxes Payable	44.21	12.89	11.79	7.05	5.47	57.52
Current Unearned Revenue	27.79	27.1	57.49	79.44	55.42	30.2
Other Current Liabilities	23.43	21.11	20.47	26	23.62	20.36
Total Current Liabilities	437.81	477.65	614.16	563.33	958.44	805.6
Long-Term Leases	5.12	6.54	0.6	1.34	2.44	4.13
Long-Term Unearned Revenue	34.92	43.82	37.56	42.06	46.05	37.99
Long-Term Deferred Tax Liabilities	60.68	56.35	58.54	16.75	22.89	29.4
Other Long-Term Liabilities	6	7.12	6.5	6.14	11.98	6
Total Liabilities	544.53	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	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	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	2,143	2,162	2,155	2,033	2,329	2,644
Comprehensive Income & Other	3.18	1.26	2.04	2.02	0.18	-
Total Common Equity	3,905	3,922	3,916	3,887	4,174	4,488
Minority Interest	4.59	12.29	14.07	13.4	23.69	29.88
Shareholders' Equity	3,909	3,935	3,930	3,901	4,198	4,518
Total Liabilities & Equity	4,454	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	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	27.76	84.96	127.48	67.53	272.54	105.7
Net Cash (Debt)	1,903	1,965	1,792	1,523	1,793	2,061
Net Cash Growth	25.17%	9.65%	17.68%	-15.09%	-13.01%	-6.36%
Net Cash Per Share	2.99	2.90	2.63	2.15	2.57	2.87
Filing Date Shares Outstanding	637.06	676.83	676.83	700	700	700
Total Common Shares Outstanding	637.06	676.83	676.83	700	700	700
Working Capital	2,823	2,746	2,544	2,339	2,361	2,777
Book Value Per Share	6.13	5.80	5.79	5.55	5.96	6.41
Tangible Book Value	3,817	3,833	3,794	3,773	4,063	4,368
Tangible Book Value Per Share	5.99	5.66	5.61	5.39	5.80	6.24
Buildings	-	566	629.66	629.37	635.04	601.59
Machinery	-	1,727	1,732	1,724	1,854	1,915
Construction In Progress	-	12.71	8.92	9.65	80.38	119.51