Wintech Nano (Suzhou) 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	133.82	112.62	169.78	269.66	277.28	85.3
Trading Asset Securities	29.31	0.31	30.15	50.96	30.16	25.05
Cash & Short-Term Investments	163.12	112.94	199.93	320.62	307.44	110.35
Cash Growth	-18.41%	-43.51%	-37.64%	4.29%	178.59%	-
Accounts Receivable	136.06	104.63	79.46	75.44	43.37	28.61
Other Receivables	2.8	26.57	24.91	26.76	17.56	11.96
Receivables	138.86	131.2	104.36	102.2	60.93	41.15
Inventory	48.87	23.19	20.33	21.11	10.2	6.58
Other Current Assets	47.53	2.73	2.76	5.73	6.11	5.81
Total Current Assets	398.38	270.06	327.39	449.66	384.68	163.89
Property, Plant & Equipment	1,288	1,161	818.66	532.5	300.04	151.46
Other Intangible Assets	9.1	7.85	8.36	8.73	8.83	0.2
Long-Term Deferred Tax Assets	17.76	11	7.34	6.42	4.09	3.62
Long-Term Deferred Charges	28.09	41.41	34.88	21.47	24.52	3.65
Other Long-Term Assets	39.37	0.98	10.6	3.26	18.96	1.1
Total Assets	1,789	1,492	1,207	1,022	741.11	323.91
Accounts Payable	116.7	153.26	65.01	30.25	17.78	19.48
Accrued Expenses	18.67	13.98	18.5	15.08	9.61	7.52
Short-Term Debt	10.01	49.93	70.05	81.89	84.3	40.83
Current Portion of Long-Term Debt	89.96	83.52	74.29	46.78	18.3	8.2
Current Portion of Leases	-	14.74	13.42	9	12.89	-
Current Income Taxes Payable	4.68	1.02	5.99	-	-	0.02
Current Unearned Revenue	0.91	1.43	1.44	1.73	1.93	1.69
Other Current Liabilities	4.02	2.27	2.62	13.79	1.67	13.84
Total Current Liabilities	244.95	320.15	251.31	198.52	146.48	91.57
Long-Term Debt	585.18	502.52	362.4	316.77	121.34	45.99
Long-Term Leases	37.48	41.44	52.37	36.33	39	11.22
Long-Term Unearned Revenue	18.84	22.03	19.46	15.56	6.1	-
Total Liabilities	886.45	886.14	685.55	567.18	312.92	148.78
Common Stock	403.31	362.98	362.98	362.98	359.59	7.21
Additional Paid-In Capital	297.65	39.22	35.95	32.61	2.67	127.43
Retained Earnings	195.1	198.6	117.42	56.88	66.3	39.27
Comprehensive Income & Other	6.42	5.16	5.32	2.39	-0.36	1.22
Shareholders' Equity	902.49	605.97	521.68	454.87	428.2	175.13
Total Liabilities & Equity	1,789	1,492	1,207	1,022	741.11	323.91
Total Debt	722.62	692.15	572.53	490.76	275.83	106.23
Net Cash (Debt)	-559.5	-579.21	-372.6	-170.14	31.6	4.12
Net Cash Growth	-	-	-	-	667.00%	-
Net Cash Per Share	-1.50	-1.60	-1.02	-0.47	0.09	-
Filing Date Shares Outstanding	403.31	362.98	362.98	362.98	343.79	-
Total Common Shares Outstanding	403.31	362.98	362.98	362.98	343.79	-
Working Capital	153.43	-50.09	76.08	251.13	238.2	72.31
Book Value Per Share	2.24	1.67	1.44	1.25	1.25	-
Tangible Book Value	893.38	598.12	513.32	446.14	419.37	174.93
Tangible Book Value Per Share	2.22	1.65	1.41	1.23	1.22	-
Buildings	-	113.53	-	-	-	-
Machinery	-	777.99	613.69	502.37	213.98	164.02
Construction In Progress	-	523.94	362.38	129.89	95.12	63.93

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