Zhejiang Int'l Group 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	1,549	1,595	1,607	864.88	1,902	1,822
Cash & Short-Term Investments	1,549	1,595	1,607	864.88	1,902	1,822
Cash Growth	5.61%	-0.78%	85.81%	-54.54%	4.43%	16.09%
Accounts Receivable	8,058	6,704	6,420	6,750	5,450	5,080
Other Receivables	602.43	222.08	209.98	243.32	121.78	161.29
Receivables	8,661	6,926	6,630	6,993	5,572	5,242
Inventory	4,352	3,736	3,571	3,461	2,897	2,598
Prepaid Expenses	-	0.91	0.97	0.08	0.09	-
Other Current Assets	640.47	403.37	339.97	337.12	370.66	380.08
Total Current Assets	15,202	12,662	12,149	11,657	10,742	10,041
Property, Plant & Equipment	1,313	1,218	1,141	941.63	971.4	701.15
Long-Term Investments	43.96	45.04	45.31	51.69	13.76	14.21
Goodwill	275.87	236.67	202.25	127.9	128.84	129.75
Other Intangible Assets	259.34	244.97	140.2	147.31	144.09	103.81
Long-Term Deferred Tax Assets	11.11	21.01	23.9	26.31	14.34	12.04
Long-Term Deferred Charges	66.33	47.27	45.52	40.46	36.01	33.14
Other Long-Term Assets	140.22	158.16	162.05	169.79	195.01	214.83
Total Assets	17,312	14,632	13,909	13,162	12,245	11,250
Accounts Payable	5,913	5,612	5,541	6,172	4,583	4,377
Accrued Expenses	118.57	175.17	224.76	247.38	265.03	238.82
Short-Term Debt	3,789	2,075	1,788	1,077	2,062	2,051
Current Portion of Long-Term Debt	145.53	94.29	11.73	303.52	2.08	13.05
Current Portion of Leases	-	93.37	71.33	50.58	51.04	-
Current Income Taxes Payable	109.99	65.81	65.01	62.19	66.85	53.75
Current Unearned Revenue	131.17	74.65	70.73	119.36	72.38	105.05
Other Current Liabilities	1,103	549.72	569.29	587.05	624.23	614.52
Total Current Liabilities	11,310	8,740	8,342	8,619	7,727	7,454
Long-Term Debt	405.73	447.06	521.42	512.58	810.2	550
Long-Term Leases	156.74	136.09	150.26	35.32	69.03	-
Long-Term Unearned Revenue	65.32	71.18	79.21	85.76	93.86	8.65
Pension & Post-Retirement Benefits	-	-	-	0.02	0.05	0.08
Long-Term Deferred Tax Liabilities	12.41	29.05	34.46	31.92	29.92	32.05
Total Liabilities	11,950	9,423	9,128	9,285	8,730	8,044
Common Stock	521.89	522.15	522.43	309.49	255.38	248.94
Additional Paid-In Capital	1,992	1,991	1,988	439.02	457.25	449.85
Retained Earnings	2,186	2,063	1,697	1,272	1,113	961.67
Treasury Stock	-11.28	-12.48	-26.92	-43.5	-38.67	-
Comprehensive Income & Other	73.73	72.98	73.34	104.25	108.6	-0.43
Total Common Equity	4,763	4,637	4,253	2,081	1,896	1,660
Minority Interest	598.74	572.32	527.74	1,796	1,620	1,546
Shareholders' Equity	5,361	5,210	4,781	3,877	3,516	3,206
Total Liabilities & Equity	17,312	14,632	13,909	13,162	12,245	11,250
Total Debt	4,497	2,846	2,543	1,979	2,995	2,614
Net Cash (Debt)	-2,949	-1,251	-935.93	-1,114	-1,092	-792.32
Net Cash Per Share	-5.37	-2.29	-1.97	-3.41	-3.45	-2.65
Filing Date Shares Outstanding	521.89	522.15	522.43	505.45	306.45	298.73
Total Common Shares Outstanding	521.89	522.15	522.43	309.49	306.45	298.73
Working Capital	3,891	3,922	3,806	3,037	3,015	2,588
Book Value Per Share	9.13	8.88	8.14	6.72	6.19	5.56
Tangible Book Value	4,227	4,156	3,911	1,806	1,623	1,426
Tangible Book Value Per Share	8.10	7.96	7.49	5.84	5.30	4.78
Buildings	-	1,024	825.07	830.95	824.03	587.73
Machinery	-	422.71	399.39	393.84	402.82	338.52
Construction In Progress	-	67.93	144.16	76.74	26.51	161.63

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