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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	1,678	1,942	1,595	1,607	864.88	1,902
Cash & Short-Term Investments	1,678	1,942	1,595	1,607	864.88	1,902
Cash Growth	50.59%	21.78%	-0.78%	85.81%	-54.54%	4.43%
Accounts Receivable	8,192	7,442	6,704	6,420	6,750	5,450
Other Receivables	209.38	177.28	222.08	209.98	243.32	121.78
Receivables	8,402	7,619	6,926	6,630	6,993	5,572
Inventory	4,422	4,290	3,736	3,571	3,461	2,897
Prepaid Expenses	-	-	0.91	0.97	0.08	0.09
Other Current Assets	533.31	487.1	403.37	339.97	337.12	370.66
Total Current Assets	15,035	14,338	12,662	12,149	11,657	10,742
Property, Plant & Equipment	1,473	1,461	1,218	1,141	941.63	971.4
Long-Term Investments	73.74	44.75	45.04	45.31	51.69	13.76
Goodwill	421.96	421.96	236.67	202.25	127.9	128.84
Other Intangible Assets	274.51	277.21	244.97	140.2	147.31	144.09
Long-Term Deferred Tax Assets	12.73	18.65	21.01	23.9	26.31	14.34
Long-Term Deferred Charges	71	73.18	47.27	45.52	40.46	36.01
Other Long-Term Assets	141.06	143.03	158.16	162.05	169.79	195.01
Total Assets	17,503	16,778	14,632	13,909	13,162	12,245
Accounts Payable	5,570	6,037	5,612	5,541	6,172	4,583
Accrued Expenses	78.34	80.63	175.17	224.76	247.38	265.03
Short-Term Debt	4,116	2,924	2,075	1,788	1,077	2,062
Current Portion of Long-Term Debt	97.1	100.12	94.29	11.73	303.52	2.08
Current Portion of Leases	-	-	93.37	71.33	50.58	51.04
Current Income Taxes Payable	87.35	138.33	65.81	65.01	62.19	66.85
Current Unearned Revenue	96.96	145	74.65	70.73	119.36	72.38
Other Current Liabilities	1,099	1,081	549.72	569.29	587.05	624.23
Total Current Liabilities	11,145	10,506	8,740	8,342	8,619	7,727
Long-Term Debt	36.36	239.16	447.06	521.42	512.58	810.2
Long-Term Leases	129.86	145.68	136.09	150.26	35.32	69.03
Long-Term Unearned Revenue	61.43	63.37	71.18	79.21	85.76	93.86
Pension & Post-Retirement Benefits	-	-	-	-	0.02	0.05
Long-Term Deferred Tax Liabilities	26.53	42.74	29.05	34.46	31.92	29.92
Total Liabilities	11,399	10,997	9,423	9,128	9,285	8,730
Common Stock	564.85	540.78	522.15	522.43	309.49	255.38
Additional Paid-In Capital	2,397	2,177	1,991	1,988	439.02	457.25
Retained Earnings	2,445	2,365	2,063	1,697	1,272	1,113
Treasury Stock	-1.06	-1.66	-12.48	-26.92	-43.5	-38.67
Comprehensive Income & Other	-0.75	23.76	72.98	73.34	104.25	108.6
Total Common Equity	5,405	5,105	4,637	4,253	2,081	1,896
Minority Interest	699.23	676.22	572.32	527.74	1,796	1,620
Shareholders' Equity	6,104	5,781	5,210	4,781	3,877	3,516
Total Liabilities & Equity	17,503	16,778	14,632	13,909	13,162	12,245
Total Debt	4,380	3,409	2,846	2,543	1,979	2,995
Net Cash (Debt)	-2,702	-1,467	-1,251	-935.93	-1,114	-1,092
Net Cash Per Share	-4.96	-2.75	-2.29	-1.97	-3.41	-3.45
Filing Date Shares Outstanding	556.63	530.27	522.15	522.43	505.45	306.45
Total Common Shares Outstanding	556.63	530.27	522.15	522.43	309.49	306.45
Working Capital	3,890	3,832	3,922	3,806	3,037	3,015
Book Value Per Share	9.71	9.63	8.88	8.14	6.72	6.19
Tangible Book Value	4,708	4,405	4,156	3,911	1,806	1,623
Tangible Book Value Per Share	8.46	8.31	7.96	7.49	5.84	5.30
Buildings	-	-	1,024	825.07	830.95	824.03
Machinery	-	-	422.71	399.39	393.84	402.82
Construction In Progress	-	-	67.93	144.16	76.74	26.51

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