Zhejiang Zhenyuan Share 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	534.07	549.43	458.89	453.48	413.63	510.21
Trading Asset Securities	-	-	-	-	220	150
Cash & Short-Term Investments	534.07	549.43	458.89	453.48	633.63	660.21
Cash Growth	-4.39%	19.73%	1.19%	-28.43%	-4.03%	22.00%
Accounts Receivable	343	747.58	648.17	775.11	602.63	537.83
Other Receivables	6.36	7.01	9.44	13.33	15.22	11.59
Receivables	349.36	754.58	657.6	788.44	617.85	549.42
Inventory	498.93	717.23	679.42	723.79	613.63	510.63
Other Current Assets	88.87	128.45	75.51	143.97	71.81	45.77
Total Current Assets	1,471	2,150	1,871	2,110	1,937	1,766
Property, Plant & Equipment	1,069	856.77	663.86	556.67	566.72	481.67
Long-Term Investments	264.73	149.65	175.66	375.7	348.5	330.77
Other Intangible Assets	100.42	109.8	113.34	115.23	54.01	54.52
Long-Term Deferred Tax Assets	40.15	48.14	47.76	36.65	31.56	32.03
Long-Term Deferred Charges	31.71	16.97	19.14	19.3	20.49	24.66
Other Long-Term Assets	53.13	87.77	47.9	16.3	28.2	11.6
Total Assets	3,031	3,419	2,939	3,230	2,986	2,701
Accounts Payable	417.36	693	584.76	822.84	626.44	553.8
Accrued Expenses	61.02	80.48	79.77	102.31	133.57	144.63
Short-Term Debt	28.88	249.19	-	-	-	50.05
Current Portion of Long-Term Debt	74.55	41.94	-	-	-	-
Current Portion of Leases	-	24.51	31	28.08	34.98	-
Current Income Taxes Payable	10.59	7.42	8.15	10.3	13.45	12.22
Current Unearned Revenue	21.24	44.45	28.03	32.41	19.88	16.71
Other Current Liabilities	63.55	53.48	47.62	99.01	103.38	53.46
Total Current Liabilities	677.2	1,194	779.33	1,095	931.7	830.88
Long-Term Debt	183.37	129.41	-	-	-	-
Long-Term Leases	50.69	35.74	54.96	53.08	47.91	-
Long-Term Unearned Revenue	70.64	72.04	75.24	79.14	82.73	76.76
Long-Term Deferred Tax Liabilities	31.39	25.37	30.76	55.7	52.16	31.65
Total Liabilities	1,013	1,457	940.29	1,283	1,114	939.29
Common Stock	334.12	334.12	334.12	334.12	334.12	334.12
Additional Paid-In Capital	519.74	516.54	530.37	533.19	533.19	536.42
Retained Earnings	1,069	1,033	1,018	887.78	829.35	775.44
Comprehensive Income & Other	94.71	77.04	93.23	168.03	156.99	95.47
Total Common Equity	2,017	1,961	1,976	1,923	1,854	1,741
Minority Interest	-	1.16	22.85	23.53	18.24	20.54
Shareholders' Equity	2,017	1,962	1,999	1,947	1,872	1,762
Total Liabilities & Equity	3,031	3,419	2,939	3,230	2,986	2,701
Total Debt	337.49	480.79	85.96	81.16	82.89	50.05
Net Cash (Debt)	196.57	68.64	372.93	372.32	550.74	610.16
Net Cash Growth	-18.38%	-81.59%	0.16%	-32.40%	-9.74%	12.75%
Net Cash Per Share	0.57	0.20	1.10	1.10	1.64	1.84
Filing Date Shares Outstanding	334.12	334.12	334.12	334.12	334.12	334.12
Total Common Shares Outstanding	334.12	334.12	334.12	334.12	334.12	334.12
Working Capital	794.03	955.22	1,092	1,015	1,005	935.15
Book Value Per Share	6.04	5.87	5.91	5.76	5.55	5.21
Tangible Book Value	1,917	1,851	1,863	1,808	1,800	1,687
Tangible Book Value Per Share	5.74	5.54	5.57	5.41	5.39	5.05
Buildings	-	470.87	463.86	457.37	434.23	435.37
Machinery	-	598.37	578.39	562.88	536.05	513.12
Construction In Progress	-	397.42	150.68	13.46	22.69	4.99

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