Zhong Wang Fabric 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	261.74	342.41	740.78	422.29	357.44	399.22
Short-Term Investments	-	-	-	-	101.18	-
Trading Asset Securities	0.06	10.06	0.31	55.29	51.23	247.06
Cash & Short-Term Investments	261.8	352.47	741.08	477.58	509.86	646.28
Cash Growth	-56.34%	-52.44%	55.18%	-6.33%	-21.11%	489.89%
Accounts Receivable	59.15	75.46	54.31	55.84	98.41	72.45
Other Receivables	6.02	9.77	4.03	3.01	8.09	4.16
Receivables	65.17	85.23	58.33	58.85	106.51	76.61
Inventory	82.41	88.12	105.8	96.13	126.7	96.96
Other Current Assets	29.12	20.02	5.3	5.53	2.35	3.11
Total Current Assets	438.49	545.84	910.52	638.09	745.41	822.97
Property, Plant & Equipment	721.01	645.88	560.32	536.41	411.52	209.42
Other Intangible Assets	112.43	115.39	104.44	68.08	69.35	70.58
Long-Term Deferred Tax Assets	0.39	0.33	0.18	0.47	0.7	0.55
Long-Term Deferred Charges	0.88	1.38	0.67	0.01	0.02	0.03
Other Long-Term Assets	282.58	278.56	8.07	10.83	0.6	0.83
Total Assets	1,556	1,587	1,584	1,254	1,228	1,104
Accounts Payable	81.79	90.67	82.45	41.04	104.46	83.1
Accrued Expenses	6.91	16.37	18.09	12.72	14.1	8.52
Short-Term Debt	-	-	-	-	-	0.35
Current Portion of Leases	2.62	3.44	-	-	-	-
Current Income Taxes Payable	2.86	4.72	45.3	0.16	11.46	12.72
Current Unearned Revenue	4.31	2.66	3.64	2.76	3.02	1.53
Other Current Liabilities	1.08	15.78	16.7	61.19	5.37	11.8
Total Current Liabilities	99.57	133.65	166.17	117.86	138.41	118.02
Long-Term Debt	2.47	2.47	2.47	2.47	2.47	2.47
Long-Term Leases	-	1.86	-	-	-	-
Long-Term Unearned Revenue	15.62	15.56	16.08	2.65	0.76	1.02
Long-Term Deferred Tax Liabilities	-	-	-	-	0.18	0.31
Total Liabilities	117.67	153.54	184.72	122.99	141.83	121.82
Common Stock	110	110	110	110	110	88
Additional Paid-In Capital	554.97	554.97	554.97	554.97	554.97	576.97
Retained Earnings	778.86	771.56	736.29	467.49	421.78	318.6
Comprehensive Income & Other	-5.72	-2.69	-1.8	-1.56	-0.98	-1.01
Shareholders' Equity	1,438	1,434	1,399	1,131	1,086	982.55
Total Liabilities & Equity	1,556	1,587	1,584	1,254	1,228	1,104
Total Debt	5.09	7.78	2.47	2.47	2.47	2.82
Net Cash (Debt)	256.71	344.69	738.61	475.1	507.39	643.46
Net Cash Growth	-56.56%	-53.33%	55.46%	-6.36%	-21.15%	500.87%
Net Cash Per Share	2.36	3.13	6.71	4.34	4.62	7.18
Filing Date Shares Outstanding	110	110	110	110	110	110
Total Common Shares Outstanding	110	110	110	110	110	110
Working Capital	338.92	412.19	744.34	520.23	607	704.95
Book Value Per Share	13.07	13.03	12.72	10.28	9.87	8.93
Tangible Book Value	1,326	1,318	1,295	1,063	1,016	911.98
Tangible Book Value Per Share	12.05	11.99	11.77	9.66	9.24	8.29
Buildings	-	418.34	464.65	392.55	72.66	71.62
Machinery	-	260.02	273.53	239.95	158.05	155.26
Construction In Progress	-	148.98	24.74	83.62	341.71	139

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