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	Mar '25 Mar 31, 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	374.48	112.62	169.78	269.66	277.28	85.3
Trading Asset Securities	0.07	0.31	30.15	50.96	30.16	25.05
Cash & Short-Term Investments	374.56	112.94	199.93	320.62	307.44	110.35
Cash Growth	21.83%	-43.51%	-37.64%	4.29%	178.59%	-
Accounts Receivable	115.81	104.63	79.46	75.44	43.37	28.61
Other Receivables	3.34	26.57	24.91	26.76	17.56	11.96
Receivables	119.15	131.2	104.36	102.2	60.93	41.15
Inventory	23.56	23.19	20.33	21.11	10.2	6.58
Other Current Assets	37.54	2.73	2.76	5.73	6.11	5.81
Total Current Assets	554.81	270.06	327.39	449.66	384.68	163.89
Property, Plant & Equipment	1,196	1,161	818.66	532.5	300.04	151.46
Other Intangible Assets	7.94	7.85	8.36	8.73	8.83	0.2
Long-Term Deferred Tax Assets	12.15	11	7.34	6.42	4.09	3.62
Long-Term Deferred Charges	21.15	41.41	34.88	21.47	24.52	3.65
Other Long-Term Assets	9.17	0.98	10.6	3.26	18.96	1.1
Total Assets	1,802	1,492	1,207	1,022	741.11	323.91
Accounts Payable	105.1	153.26	65.01	30.25	17.78	19.48
Accrued Expenses	12.26	13.98	18.5	15.08	9.61	7.52
Short-Term Debt	49.9	49.93	70.05	81.89	84.3	40.83
Current Portion of Long-Term Debt	89.22	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	6.66	1.02	5.99	-	-	0.02
Current Unearned Revenue	2.62	1.43	1.44	1.73	1.93	1.69
Other Current Liabilities	3.46	2.27	2.62	13.79	1.67	13.84
Total Current Liabilities	269.23	320.15	251.31	198.52	146.48	91.57
Long-Term Debt	555.04	502.52	362.4	316.77	121.34	45.99
Long-Term Leases	41	41.44	52.37	36.33	39	11.22
Long-Term Unearned Revenue	20.96	22.03	19.46	15.56	6.1	-
Total Liabilities	886.22	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	296.31	39.22	35.95	32.61	2.67	127.43
Retained Earnings	210.12	198.6	117.42	56.88	66.3	39.27
Comprehensive Income & Other	5.56	5.16	5.32	2.39	-0.36	1.22
Shareholders' Equity	915.3	605.97	521.68	454.87	428.2	175.13
Total Liabilities & Equity	1,802	1,492	1,207	1,022	741.11	323.91
Total Debt	735.16	692.15	572.53	490.76	275.83	106.23
Net Cash (Debt)	-360.6	-579.21	-372.6	-170.14	31.6	4.12
Net Cash Growth	-	-	-	-	667.00%	-
Net Cash Per Share	-0.99	-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	285.58	-50.09	76.08	251.13	238.2	72.31
Book Value Per Share	2.27	1.67	1.44	1.25	1.25	-
Tangible Book Value	907.35	598.12	513.32	446.14	419.37	174.93
Tangible Book Value Per Share	2.25	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.