Zhejiang Zhengte 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	339.11	307.21	237.19	410.09	456.42	153.49
Trading Asset Securities	-	-	60	2.34	4.9	10.95
Cash & Short-Term Investments	339.11	307.21	297.19	412.43	461.32	164.45
Cash Growth	1.20%	3.37%	-27.94%	-10.60%	180.53%	-33.49%
Accounts Receivable	395.12	226.3	140.45	100.09	70.31	125.18
Other Receivables	43.27	18.47	18.42	2.69	2.88	2.42
Receivables	438.39	244.77	158.87	102.78	73.18	127.6
Inventory	483.73	595.9	448.13	286.23	329.17	378.57
Other Current Assets	65.76	80.88	111.21	50.43	43.8	87.03
Total Current Assets	1,327	1,229	1,015	851.88	907.47	757.64
Property, Plant & Equipment	455.92	474.91	441.12	393.52	371.18	301.54
Long-Term Investments	6.7	6.34	6.17	5.93	6.66	5.68
Other Intangible Assets	76.9	78.31	81.29	72.51	69.2	63.74
Long-Term Accounts Receivable	-	-	-	-	-	0.12
Long-Term Deferred Tax Assets	50.5	46.86	35	23.62	18.02	12.3
Long-Term Deferred Charges	23.82	26.77	32.32	2.23	2.32	1.57
Other Long-Term Assets	8.43	9.4	12.7	3.23	14.87	29.91
Total Assets	1,949	1,871	1,624	1,353	1,390	1,173
Accounts Payable	488.66	437.46	352.68	163.42	166.1	372.93
Accrued Expenses	29.05	27.07	34.07	35.93	41.73	44.46
Short-Term Debt	128.45	140.09	70.05	-	13.95	30.04
Current Portion of Long-Term Debt	24.21	23.05	-	-	-	-
Current Portion of Leases	-	-	11.26	3.74	1.38	1.78
Current Income Taxes Payable	9.27	8.54	0.01	0.01	0.91	3.84
Current Unearned Revenue	6.4	8.07	14.03	17.94	14.14	26.11
Other Current Liabilities	19.2	19.6	7.2	6.69	23.17	3.92
Total Current Liabilities	705.24	663.87	489.29	227.73	261.39	483.09
Long-Term Leases	47.15	56.73	46.02	8.43	7.55	1.73
Long-Term Unearned Revenue	20.59	19.99	22.13	18.35	19.25	14.76
Long-Term Deferred Tax Liabilities	-	-	-	-	0.72	2.4
Other Long-Term Liabilities	9.55	8.62	8.3	7.91	7.55	7.96
Total Liabilities	782.52	749.21	565.74	262.43	296.46	509.94
Common Stock	110.81	110.82	110	110	110	82.5
Additional Paid-In Capital	565.82	561.75	541.25	541.25	550.72	203.28
Retained Earnings	499.57	457.03	420.81	442.49	436.59	377.4
Treasury Stock	-15.89	-16.19	-	-	-	-
Comprehensive Income & Other	6.15	8.39	-14.16	-3.76	-1.64	-0.03
Total Common Equity	1,166	1,122	1,058	1,090	1,096	663.14
Minority Interest	0.29	0.32	0.36	0.52	-2.4	-0.58
Shareholders' Equity	1,167	1,122	1,058	1,091	1,093	662.57
Total Liabilities & Equity	1,949	1,871	1,624	1,353	1,390	1,173
Total Debt	199.8	219.87	127.32	12.18	22.88	33.54
Net Cash (Debt)	139.31	87.34	169.87	400.25	438.43	130.9
Net Cash Growth	-8.39%	-48.59%	-57.56%	-8.71%	234.93%	-47.05%
Net Cash Per Share	1.27	0.80	1.58	3.55	4.89	1.58
Filing Date Shares Outstanding	109.07	106.01	110	110	110	82.5
Total Common Shares Outstanding	109.07	106.01	110	110	110	82.5
Working Capital	621.75	564.89	526.12	624.15	646.09	274.55
Book Value Per Share	10.69	10.58	9.62	9.91	9.96	8.04
Tangible Book Value	1,090	1,044	976.61	1,017	1,026	599.41
Tangible Book Value Per Share	9.99	9.84	8.88	9.25	9.33	7.27
Buildings	-	-	244.49	286.46	262.15	250.21
Machinery	-	-	425.99	335.39	268.93	195.07
Construction In Progress	-	-	56.59	68.68	99.7	86.92

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