Wetown Electric Group 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	464.9	756.76	896.39	305.89	199.64	241.88
Trading Asset Securities	74	20.99	15.3	8.27	111.76	40.51
Cash & Short-Term Investments	538.9	777.75	911.69	314.16	311.4	282.39
Cash Growth	-23.09%	-14.69%	190.20%	0.89%	10.27%	235.11%
Accounts Receivable	2,101	2,124	1,802	1,764	1,082	792.01
Other Receivables	145.39	145.77	133.92	32.76	11.87	14.17
Receivables	2,247	2,270	1,936	1,796	1,094	806.17
Inventory	430.61	451.26	466.39	286.74	145.16	131.97
Other Current Assets	414.11	91.65	64.64	32.52	19.69	15.19
Total Current Assets	3,630	3,591	3,379	2,430	1,570	1,236
Property, Plant & Equipment	1,403	1,387	1,249	386.19	174.24	145.05
Long-Term Investments	54.15	51.64	16.73	22.12	3.8	0.76
Goodwill	5.33	5.33	-	-	1.91	2.97
Other Intangible Assets	184.67	185.34	186.62	174.9	54.04	51.6
Long-Term Deferred Tax Assets	57.07	55.73	42.7	25.82	18.34	12.28
Long-Term Deferred Charges	27.2	28.24	25.67	8.14	5.08	8.41
Other Long-Term Assets	59.13	43.75	7.42	53.81	41.59	1.14
Total Assets	5,421	5,348	4,907	3,101	1,869	1,458
Accounts Payable	1,127	1,063	1,352	585.89	275.15	184.5
Accrued Expenses	24.83	39.91	38.39	42.4	28.1	15.85
Short-Term Debt	908.8	885.01	823.58	811.66	437.71	229.95
Current Portion of Long-Term Debt	155.16	269.88	138.32	91.2	25.03	4.02
Current Portion of Leases	-	1.65	0.61	2.62	2.81	10.7
Current Income Taxes Payable	11.85	1.79	6.29	11.64	3.96	3.72
Current Unearned Revenue	33.54	67.15	85.13	76.96	24.88	20.51
Other Current Liabilities	289.41	353.49	233.48	201.3	84.57	76.04
Total Current Liabilities	2,550	2,682	2,677	1,824	882.21	545.3
Long-Term Debt	980.63	777.75	467.32	180.72	37.24	16
Long-Term Leases	28.52	28.57	18.74	9.92	1.82	0.92
Long-Term Unearned Revenue	-	-	0.31	0.85	1.38	1.92
Long-Term Deferred Tax Liabilities	12.98	14.5	4.9	3.86	1.52	0.47
Other Long-Term Liabilities	-	1.45	-	-	-	-
Total Liabilities	3,572	3,504	3,169	2,019	924.17	564.61
Common Stock	188.78	188.78	186.51	156.51	156	156
Additional Paid-In Capital	1,001	1,001	984.33	435.57	417.49	416.41
Retained Earnings	504.62	497.65	495.75	437.38	338.45	288.03
Comprehensive Income & Other	18.15	24.78	-0.3	3.14	1.34	3.02
Total Common Equity	1,712	1,712	1,666	1,033	913.28	863.46
Minority Interest	135.83	132.19	71.87	49.2	31.73	29.86
Shareholders' Equity	1,848	1,844	1,738	1,082	945.01	893.31
Total Liabilities & Equity	5,421	5,348	4,907	3,101	1,869	1,458
Total Debt	2,073	1,963	1,449	1,096	504.6	261.6
Net Cash (Debt)	-1,534	-1,185	-536.88	-781.95	-193.2	20.78
Net Cash Per Share	-8.24	-6.23	-3.45	-5.00	-1.24	0.15
Filing Date Shares Outstanding	188.78	188.78	187.65	156.51	156	156
Total Common Shares Outstanding	188.78	188.78	186.51	156.51	156	156
Working Capital	1,080	908.8	701.22	606.16	687.98	690.42
Book Value Per Share	9.07	9.07	8.93	6.60	5.85	5.53
Tangible Book Value	1,522	1,521	1,480	857.7	857.34	808.89
Tangible Book Value Per Share	8.07	8.06	7.93	5.48	5.50	5.19
Buildings	-	-	-	133.45	104.29	103.39
Machinery	-	804.35	319.81	268.1	184.29	157.92
Construction In Progress	-	79.75	709.34	126.79	18.72	3.96