Zotye Automobile 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	173.9	264.1	208.64	795.2	1,010	1,621
Cash & Short-Term Investments	173.9	264.1	208.64	795.2	1,010	1,621
Cash Growth	11.48%	26.58%	-73.76%	-21.23%	-37.71%	626.27%
Accounts Receivable	833.57	895.55	913.05	1,472	1,622	1,892
Other Receivables	22.8	65.77	35.92	37.1	105.22	88.85
Receivables	856.37	961.31	948.97	1,510	1,727	1,980
Inventory	101.74	98.12	174.63	296.53	207.05	279.22
Prepaid Expenses	-	-	3.49	248.98	-	290.12
Other Current Assets	176.68	172.16	184.61	362.04	681.45	323.43
Total Current Assets	1,309	1,496	1,520	3,212	3,625	4,494
Property, Plant & Equipment	691.24	706.57	794.14	1,334	1,773	1,936
Other Intangible Assets	1,151	1,165	1,216	1,534	1,588	1,576
Long-Term Deferred Tax Assets	9.33	9.59	8.48	7.05	23.52	-
Long-Term Deferred Charges	2.76	2.7	4.09	5.59	108.64	0.46
Other Long-Term Assets	65.79	65.86	63.25	86.84	22.78	6.73
Total Assets	3,229	3,445	3,606	6,179	7,141	8,013
Accounts Payable	349.88	374.34	412.89	554.78	600.27	425.62
Accrued Expenses	51.44	58.33	381.01	362.02	336.03	332.1
Short-Term Debt	323.14	349.36	380.81	1,248	1,216	1,112
Current Portion of Long-Term Debt	713.41	1,233	748.8	529.68	159.17	3.48
Current Portion of Leases	-	-	4.76	5.97	77.57	3.04
Current Income Taxes Payable	338.05	389.29	82.16	81.38	91.58	89.88
Current Unearned Revenue	76.46	70.17	99.01	71.21	110.76	188.65
Other Current Liabilities	344.15	343.79	315.96	459.84	338.91	504.7
Total Current Liabilities	2,197	2,818	2,425	3,312	2,930	2,660
Long-Term Debt	663.57	175.03	646.54	1,416	1,579	1,730
Long-Term Leases	7.34	7.24	2.69	2.07	7.74	1.72
Long-Term Unearned Revenue	44.7	45.43	46.43	46.6	47.23	49.09
Long-Term Deferred Tax Liabilities	93.64	93.64	96.84	111.23	147.06	120.9
Other Long-Term Liabilities	186.25	186.25	148.03	50.22	0.16	4.92
Total Liabilities	3,192	3,326	3,366	4,939	4,712	4,566
Common Stock	5,043	5,043	5,043	5,043	5,069	5,069
Additional Paid-In Capital	18,655	18,655	18,492	18,478	18,478	18,548
Retained Earnings	-23,414	-23,332	-22,965	-21,965	-20,774	-19,853
Treasury Stock	-252.13	-252.18	-336.51	-321.32	-347.95	-321.32
Comprehensive Income & Other	1.33	1.33	1.33	0.69	-	-
Total Common Equity	32.7	114.54	234.84	1,235	2,425	3,442
Minority Interest	3.78	4.85	5.61	5.31	4.96	4.56
Shareholders' Equity	36.48	119.38	240.46	1,240	2,430	3,447
Total Liabilities & Equity	3,229	3,445	3,606	6,179	7,141	8,013
Total Debt	1,707	1,764	1,784	3,202	3,040	2,850
Net Cash (Debt)	-1,534	-1,500	-1,575	-2,406	-2,030	-1,230
Net Cash Per Share	-0.31	-0.29	-0.31	-0.49	-0.40	-0.56
Filing Date Shares Outstanding	4,100	4,287	5,043	5,043	5,043	5,069
Total Common Shares Outstanding	4,100	4,287	5,043	5,043	5,069	5,069
Working Capital	-887.85	-1,322	-905.04	-100.18	695.29	1,834
Book Value Per Share	0.01	0.03	0.05	0.24	0.48	0.68
Tangible Book Value	-1,118	-1,050	-981.22	-298.61	836.86	1,866
Tangible Book Value Per Share	-0.27	-0.24	-0.19	-0.06	0.17	0.37
Buildings	-	-	1,098	1,417	1,407	-
Machinery	-	-	2,204	2,659	2,905	-
Construction In Progress	-	-	-	125.37	123.4	-

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