Ways Electron 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	583.55	332.67	489.63	513.84	510.6	491.97
Short-Term Investments	-	-	-	10.99	-	-
Trading Asset Securities	-	-	-	-	191.4	56.67
Cash & Short-Term Investments	583.55	332.67	489.63	524.83	702	548.64
Cash Growth	27.93%	-32.06%	-6.71%	-25.24%	27.95%	-25.47%
Accounts Receivable	879.28	939.29	644.94	419.05	267.79	320.84
Other Receivables	5.4	5.17	7.08	8.95	4.37	4.41
Receivables	884.68	944.47	652.02	427.99	272.16	325.26
Inventory	235.77	282.87	257.93	199	163.92	147.4
Other Current Assets	13.56	22.37	16.18	8.3	3.79	8.38
Total Current Assets	1,718	1,582	1,416	1,160	1,142	1,030
Property, Plant & Equipment	973.75	988.58	774.06	480.39	285.65	278.78
Long-Term Investments	78.57	80.82	77.19	74.73	59.61	137.07
Other Intangible Assets	32.93	33.41	34.53	35.69	8.83	9.31
Long-Term Deferred Tax Assets	48.26	43.49	25.7	8.92	9.88	6.54
Long-Term Deferred Charges	11.3	11.82	18.55	13.84	5.16	3.75
Other Long-Term Assets	19.99	23.39	5.74	6.65	2.79	0.87
Total Assets	2,882	2,764	2,352	1,780	1,514	1,466
Accounts Payable	623.95	813.42	609	333.74	236.59	245.4
Accrued Expenses	37.3	42.06	34.67	25.23	25.72	25.73
Short-Term Debt	46.46	156.46	-	-	-	0.99
Current Portion of Long-Term Debt	12.59	50.82	1.26	1.56	1.91	2.3
Current Portion of Leases	-	-	11.58	7.62	3.46	7.24
Current Income Taxes Payable	0.69	7.1	4.6	3.24	1.93	0.9
Current Unearned Revenue	-	0.21	-	-	0.11	0.11
Other Current Liabilities	98.44	117.59	190.69	104.31	39	33.89
Total Current Liabilities	819.43	1,188	851.8	475.7	308.71	316.57
Long-Term Debt	236.67	198.13	134.54	1.41	3.1	5.31
Long-Term Leases	21.17	24.55	37.62	29.54	0.12	3.31
Long-Term Unearned Revenue	31.34	28.91	23.25	3.94	-	-
Other Long-Term Liabilities	-	-	-	-	0.54	-
Total Liabilities	1,109	1,439	1,047	510.59	312.47	325.18
Common Stock	242.81	212.83	212.83	212.83	212.83	212.83
Additional Paid-In Capital	1,085	641.18	647.62	640.48	638.95	638.95
Retained Earnings	452.56	478.16	467.67	440.63	373.65	288.15
Treasury Stock	-5.91	-5.91	-24.61	-25.11	-25.03	-
Comprehensive Income & Other	-0.37	-1.62	0.82	0.9	0.91	0.89
Shareholders' Equity	1,774	1,325	1,304	1,270	1,201	1,141
Total Liabilities & Equity	2,882	2,764	2,352	1,780	1,514	1,466
Total Debt	316.9	429.96	185	40.13	8.58	19.15
Net Cash (Debt)	266.65	-97.29	304.63	484.7	693.42	529.49
Net Cash Growth	58.96%	-	-37.15%	-30.10%	30.96%	-26.85%
Net Cash Per Share	1.23	-0.46	1.44	2.29	3.27	2.49
Filing Date Shares Outstanding	232.77	212.21	210.87	210.83	210.83	212.83
Total Common Shares Outstanding	232.77	212.21	210.87	210.83	210.83	212.83
Working Capital	898.13	394.71	563.96	684.41	833.16	713.11
Book Value Per Share	7.62	6.24	6.19	6.02	5.70	5.36
Tangible Book Value	1,741	1,291	1,270	1,234	1,192	1,132
Tangible Book Value Per Share	7.48	6.08	6.02	5.85	5.66	5.32
Buildings	-	-	132.51	133.15	132.86	133.17
Machinery	-	-	544.21	495.73	412.37	385.56
Construction In Progress	-	-	402.66	130.53	23.95	25.76

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