Wedge Industrial 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	239.57	380.85	259.04	293.37	320.7	394.75
Trading Asset Securities	0	0.21	-	-	-	-
Accounts Receivable	574.54	437.71	351.04	228.04	159.02	170.49
Other Receivables	14.57	0.8	13.47	12.56	13.28	133.47
Inventory	441.54	343.88	216.05	118.83	102	43.45
Loans Receivable Current	-	5.24	2.89	-	-	-
Other Current Assets	74.23	64.23	47.82	35.92	68.38	69.14
Total Current Assets	1,344	1,233	890.32	688.73	663.39	811.29
Property, Plant & Equipment	2,088	1,888	1,405	1,008	862.21	858.01
Other Intangible Assets	402.09	398.66	355.18	247.8	243.71	195.35
Long-Term Investments	161.41	161.99	177.22	111.6	111.67	162.38
Long-Term Deferred Tax Assets	59.77	39.41	17.43	14.5	10.37	3.42
Long-Term Deferred Charges	51.67	45.27	64.58	94.95	44.55	13.8
Other Long-Term Assets	244.11	203.96	210.37	269.58	181.56	81.52
Total Assets	4,351	3,970	3,120	2,435	2,117	2,126
Accounts Payable	236.01	300.94	305.81	226.05	201.54	189.45
Accrued Expenses	26.61	45.33	43.92	30.7	27.92	15.87
Short-Term Debt	581.81	373.16	255.04	197.84	154.14	216.37
Current Portion of Long-Term Debt	5.52	128.85	15.54	2.61	45.74	-
Current Unearned Revenue	16.93	2.33	1.63	1.53	2.4	3.65
Current Portion of Leases	-	6.02	2.09	1.54	11.74	51.57
Current Income Taxes Payable	38.41	19.22	28.99	20.63	20.34	12.13
Other Current Liabilities	100.94	112.02	159.9	115.1	115.82	177.87
Total Current Liabilities	1,006	987.87	812.92	595.99	579.64	666.9
Long-Term Debt	1,246	1,126	788.98	444.4	270.38	305.57
Long-Term Leases	19.59	22.2	17.46	3.88	8.33	5.56
Long-Term Unearned Revenue	93.62	91.41	102.67	135.92	145.17	116.81
Long-Term Deferred Tax Liabilities	14.44	14.44	14.44	14.44	14.44	14.44
Other Long-Term Liabilities	230.74	178.56	79.19	-	-	24.75
Total Liabilities	2,611	2,421	1,816	1,195	1,018	1,134
Common Stock	509.27	510.12	509.04	500.62	495.71	491.79
Additional Paid-In Capital	370.1	393.26	291.87	99.9	28.89	-
Retained Earnings	1,083	937.2	801.37	650.27	573.58	507.98
Treasury Stock	-394.82	-479.59	-390.62	-58.53	-27.01	-
Total Common Equity	1,568	1,361	1,212	1,192	1,071	999.77
Minority Interest	172.7	188.42	92.96	47.93	28.32	-8.03
Shareholders' Equity	1,740	1,549	1,305	1,240	1,099	991.73
Total Liabilities & Equity	4,351	3,970	3,120	2,435	2,117	2,126
Total Debt	1,853	1,657	1,079	650.26	490.34	579.07
Net Cash (Debt)	-1,614	-1,276	-820.07	-356.89	-169.64	-184.32
Net Cash Per Share	-3.18	-2.50	-1.62	-0.70	-0.34	-0.37
Filing Date Shares Outstanding	482.07	476.91	477.89	500.62	500.71	491.79
Total Common Shares Outstanding	482.07	474.82	487.62	500.62	495.71	491.79
Working Capital	338.24	245.05	77.4	92.74	83.75	144.39
Book Value Per Share	3.25	2.87	2.48	2.38	2.16	2.03
Tangible Book Value	1,165	962.33	856.48	944.45	827.46	804.42
Tangible Book Value Per Share	2.42	2.03	1.76	1.89	1.67	1.64
Buildings	-	553.19	565.65	584.61	492.48	415.24
Machinery	-	529.09	474.84	357.2	320.81	268.8
Construction In Progress	-	1,095	613.84	288.15	224.58	328.25

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