Yuneng Technology 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	546.85	941.14	963.16	1,630	219.57	157.67
Trading Asset Securities	1,279	1,124	1,079	1,103	-	5.02
Cash & Short-Term Investments	1,826	2,065	2,042	2,733	219.57	162.69
Cash Growth	-15.83%	1.11%	-25.26%	1144.62%	34.96%	94.75%
Accounts Receivable	412.4	338.52	318.22	367.19	159.54	84.37
Other Receivables	29.12	37.42	7.12	1.13	0.81	2.72
Receivables	441.52	375.94	325.35	368.33	160.35	87.1
Inventory	1,079	1,169	1,560	1,304	177.75	133.31
Other Current Assets	194.88	158.69	206.02	246.79	34.39	19.98
Total Current Assets	3,541	3,769	4,133	4,652	592.06	403.08
Property, Plant & Equipment	398.37	268.81	84.15	56.43	24.71	24.13
Long-Term Investments	342.25	345.76	354.67	147.26	-	-
Other Intangible Assets	78.78	63.53	45.13	6.33	7.32	8.06
Long-Term Accounts Receivable	-	0.05	0.11	0.16	0.21	0.25
Long-Term Deferred Tax Assets	110.68	116.75	119.02	34.69	2.88	2.27
Long-Term Deferred Charges	3.95	0.85	2.31	3.06	-	-
Other Long-Term Assets	52.35	53.85	11.04	58.82	-	-
Total Assets	4,527	4,618	4,750	4,958	627.16	437.8
Accounts Payable	440.91	297.02	126.71	971.27	206.88	133.62
Accrued Expenses	20.85	33.94	48.31	30.52	23.21	19.37
Short-Term Debt	191.03	388.5	523.66	50.12	45.06	37.85
Current Portion of Long-Term Debt	2.53	1.36	186.48	1.53	-	-
Current Portion of Leases	-	1.61	0.99	2.61	0.24	-
Current Income Taxes Payable	12.91	12.65	18.4	72.19	7.03	8.33
Current Unearned Revenue	41.36	46.54	17.57	22.14	2.99	4.13
Other Current Liabilities	23.06	69.2	22.75	6.52	1.66	4.29
Total Current Liabilities	732.64	850.81	944.87	1,157	287.08	207.58
Long-Term Debt	51.02	0.94	1.7	1.56	-	0.31
Long-Term Leases	12.36	4.22	1.99	0.99	0.46	-
Long-Term Unearned Revenue	74.03	66.69	50.35	34.3	23.74	19.67
Long-Term Deferred Tax Liabilities	6.09	5.59	5.55	0	-	0.01
Other Long-Term Liabilities	27.81	40.51	42.37	37.94	24.05	17.94
Total Liabilities	903.96	968.76	1,047	1,232	335.33	245.51
Common Stock	156.28	156.28	112	80	60	60
Additional Paid-In Capital	3,110	3,096	3,159	3,152	124.87	125.68
Retained Earnings	555.22	550.56	521.2	476.98	116.45	13.53
Treasury Stock	-161.84	-161.84	-99.22	-	-	-
Comprehensive Income & Other	-37.68	-36.92	-16.39	9.38	-9.45	-7.07
Total Common Equity	3,622	3,604	3,677	3,719	291.87	192.14
Minority Interest	1.27	44.99	25.99	7.91	-0.04	0.15
Shareholders' Equity	3,623	3,649	3,703	3,727	291.83	192.29
Total Liabilities & Equity	4,527	4,618	4,750	4,958	627.16	437.79
Total Debt	256.94	396.62	714.82	56.82	45.76	38.16
Net Cash (Debt)	1,569	1,668	1,328	2,676	173.81	124.54
Net Cash Growth	-9.05%	25.68%	-50.39%	1439.63%	39.56%	248.34%
Net Cash Per Share	10.13	10.72	8.44	19.46	1.48	1.06
Filing Date Shares Outstanding	154.53	154.53	154.97	156.8	117.6	117.6
Total Common Shares Outstanding	154.53	154.53	155.67	156.8	117.6	117.6
Working Capital	2,808	2,918	3,189	3,495	304.98	195.5
Book Value Per Share	23.44	23.32	23.62	23.72	2.48	1.63
Tangible Book Value	3,543	3,541	3,632	3,712	284.55	184.08
Tangible Book Value Per Share	22.93	22.91	23.33	23.68	2.42	1.57
Machinery	-	128.45	98.39	72.51	40.96	38.66
Construction In Progress	-	174.39	10.14	-	-	-

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