Shenzhen Zhenye (Group) Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	2,537	2,940	3,857	4,565	2,949
Trading Asset Securities	75.77	85.66	-	200.5	-
Cash & Short-Term Investments	2,613	3,025	3,857	4,765	2,949
Cash Growth	-13.64%	-21.55%	-19.07%	61.60%	-18.43%
Accounts Receivable	36.09	45.81	42.01	29.98	18.91
Other Receivables	451.48	617.41	53.83	59.53	60.17
Receivables	487.57	663.22	95.85	89.5	79.08
Inventory	10,720	10,779	17,035	16,844	16,117
Prepaid Expenses	-	18.53	19.41	10.64	69.31
Other Current Assets	773.71	795.44	780.97	561.8	356.43
Total Current Assets	14,594	15,282	21,787	22,271	19,571
Property, Plant & Equipment	211.29	267.63	224.27	121.99	100.91
Long-Term Investments	-	-	2,308	2,280	2,203
Long-Term Deferred Tax Assets	332.96	449.49	472.56	612.64	633.56
Long-Term Deferred Charges	88.57	27.63	25.25	17.21	12.03
Other Long-Term Assets	1,150	1,200	1,101	1,097	1,081
Total Assets	16,377	17,227	25,919	26,399	23,601
Accounts Payable	950.03	1,436	1,504	1,606	1,539
Accrued Expenses	59.5	1,043	1,149	878.31	1,079
Short-Term Debt	-	-	194.22	248	346
Current Portion of Long-Term Debt	2,498	1,201	2,035	1,449	1,729
Current Portion of Leases	-	14.85	32.37	87.44	78.93
Current Income Taxes Payable	8.98	80.9	209.7	195.79	125.33
Current Unearned Revenue	2,490	2,274	4,930	4,313	1,899
Other Current Liabilities	2,041	1,551	2,505	2,220	2,446
Total Current Liabilities	8,048	7,601	12,558	10,998	9,242
Long-Term Debt	2,017	3,744	5,742	6,859	6,044
Long-Term Leases	150.54	164.18	174.8	71.81	129.12
Long-Term Deferred Tax Liabilities	-	0.4	0.32	0.89	0.71
Other Long-Term Liabilities	25.66	25.66	2.78	0.15	-
Total Liabilities	10,242	11,536	18,477	17,930	15,417
Common Stock	1,350	1,350	1,350	1,350	1,350
Additional Paid-In Capital	484.32	484.32	484.32	484.32	484.32
Retained Earnings	3,527	3,569	5,138	6,068	5,811
Total Common Equity	5,362	5,404	6,972	7,902	7,646
Minority Interest	774.03	286.96	469.59	567.61	538.8
Shareholders' Equity	6,136	5,691	7,442	8,469	8,184
Total Liabilities & Equity	16,377	17,227	25,919	26,399	23,601
Total Debt	4,666	5,125	8,178	8,715	8,327
Net Cash (Debt)	-2,054	-2,099	-4,321	-3,950	-5,379
Net Cash Per Share	-1.52	-1.56	-3.20	-2.93	-3.98
Filing Date Shares Outstanding	1,364	1,350	1,350	1,350	1,350
Total Common Shares Outstanding	1,364	1,350	1,350	1,350	1,350
Working Capital	6,546	7,681	9,230	11,273	10,328
Book Value Per Share	3.93	4.00	5.16	5.85	5.66
Tangible Book Value	5,362	5,404	6,972	7,902	7,646
Tangible Book Value Per Share	3.93	4.00	5.16	5.85	5.66
Buildings	-	67.21	44.39	55.03	43.2
Machinery	-	16.64	16.63	16.25	15.34
Construction In Progress	-	39.62	2.42	-	-

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