Zhejiang Sanfer Electric 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	215.9	25.58	389.05	1,158	570.44	577.16
Short-Term Investments	-	50.01	115.1	430.63	210.23	422.92
Trading Asset Securities	294.92	466.25	270.19	-	731.29	500.13
Cash & Short-Term Investments	510.82	541.84	774.33	1,589	1,512	1,500
Cash Growth	-30.71%	-30.03%	-51.27%	5.10%	0.78%	57.41%
Accounts Receivable	13.33	79.99	14.42	46.65	62.6	4.75
Other Receivables	3.88	5.09	2.59	3.57	2.96	4.7
Receivables	17.21	85.08	17.02	50.23	65.56	9.44
Inventory	89.28	84.44	82.02	105.68	118.37	127.81
Prepaid Expenses	-	0	-	-	-	-
Other Current Assets	55.04	7.3	6.79	23.12	17.39	29.7
Total Current Assets	672.35	718.66	880.16	1,768	1,713	1,667
Property, Plant & Equipment	326.16	328.41	374.74	448.3	472.16	480.16
Long-Term Investments	53	730.54	712.14	-	-	-
Other Intangible Assets	61.03	61.56	63.95	65.16	56.6	56.88
Long-Term Deferred Charges	5.82	6.23	7.83	0.14	0.29	0.29
Other Long-Term Assets	801.64	120.35	83.16	36.7	37.87	44.49
Total Assets	1,920	1,966	2,122	2,318	2,280	2,249
Accounts Payable	48.05	76.84	106.65	230.35	237.54	209.91
Accrued Expenses	4.03	14.3	18.48	24.47	20.64	30.14
Current Portion of Leases	-	-	-	-	-	0.55
Current Income Taxes Payable	1.47	0.05	4.01	7.28	13.18	6.46
Current Unearned Revenue	6.38	6.78	15.85	16.27	19.98	27.65
Other Current Liabilities	31.07	32.86	35.95	49.87	52.48	67.63
Total Current Liabilities	90.99	130.83	180.94	328.23	343.82	342.34
Long-Term Unearned Revenue	4.85	5.09	5.44	6.12	5.83	2.75
Long-Term Deferred Tax Liabilities	19.88	18.95	10.86	8.86	8.94	11.85
Total Liabilities	115.72	154.86	197.24	343.21	358.59	356.93
Common Stock	183.41	183.41	183.41	184.01	184.61	142.01
Additional Paid-In Capital	985.04	985.04	985.04	990.9	1,005	1,039
Retained Earnings	630.1	637.3	753.33	806.72	743.59	726.52
Treasury Stock	-	-	-	-6.45	-12.06	-15.91
Comprehensive Income & Other	5.41	4.97	2.97	-	-	-
Total Common Equity	1,804	1,811	1,925	1,975	1,922	1,892
Minority Interest	0.32	0.17	-	-	-	-
Shareholders' Equity	1,804	1,811	1,925	1,975	1,922	1,892
Total Liabilities & Equity	1,920	1,966	2,122	2,318	2,280	2,249
Total Debt	-	-	-	-	-	0.55
Net Cash (Debt)	510.82	541.84	774.33	1,589	1,512	1,500
Net Cash Growth	-30.71%	-30.03%	-51.27%	5.10%	0.82%	57.35%
Net Cash Per Share	2.62	2.98	4.24	8.63	8.18	8.15
Filing Date Shares Outstanding	180.03	183.41	183.41	184.01	184.61	184.61
Total Common Shares Outstanding	180.03	183.41	183.41	184.01	184.61	184.61
Working Capital	581.36	587.83	699.22	1,440	1,369	1,325
Book Value Per Share	10.02	9.87	10.49	10.73	10.41	10.25
Tangible Book Value	1,743	1,749	1,861	1,910	1,865	1,835
Tangible Book Value Per Share	9.68	9.54	10.15	10.38	10.10	9.94
Buildings	-	351.22	365.97	423.02	423.02	423.02
Machinery	-	140.74	157.81	154.68	147.08	112.88
Construction In Progress	-	31.64	19.41	14.09	12.41	24.75

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