Wuhu Sanlian Forging Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	114.06	71.09	157.41	52.03	24.97
Short-Term Investments	97.03	30.03	100.69	-	-
Trading Asset Securities	13.13	-	-	-	-
Cash & Short-Term Investments	224.21	101.11	258.1	52.03	24.97
Cash Growth	121.74%	-60.82%	396.04%	108.36%	67.99%
Accounts Receivable	526.84	563.93	422.82	342.94	243.58
Other Receivables	1.88	0.81	-0.46	2.67	1.3
Receivables	529.1	565.19	422.67	346.04	245.66
Inventory	413.2	367.31	270.87	262.44	238.36
Other Current Assets	55.48	40.16	36.04	25.63	20.79
Total Current Assets	1,222	1,074	987.69	686.15	529.78
Property, Plant & Equipment	1,333	965.58	611.38	524.38	493.35
Long-Term Investments	2.98	97.57	146.27	-	-
Other Intangible Assets	87.22	89.33	54.01	43.18	44.55
Long-Term Deferred Tax Assets	4.8	4.1	6.9	38.45	26.31
Long-Term Deferred Charges	0.59	0.71	0.83	2.49	1.06
Other Long-Term Assets	42.03	58.35	38.72	13.09	21.13
Total Assets	2,693	2,289	1,846	1,308	1,116
Accounts Payable	336.46	320.42	251.74	278.18	206.38
Accrued Expenses	44.94	37.22	27.05	38.08	40.97
Short-Term Debt	611.83	306.01	34.22	171.25	187.06
Current Portion of Long-Term Debt	-	-	-	0.95	-
Current Portion of Leases	0.55	3.73	8.17	11.19	20.18
Current Income Taxes Payable	-	2.59	2.38	0.28	1.04
Current Unearned Revenue	0.62	0.42	0.63	0.35	0.78
Other Current Liabilities	4.46	3.25	7.48	4.84	14.42
Total Current Liabilities	998.85	673.64	331.66	505.12	470.82
Long-Term Debt	-	-	-	58.42	20.03
Long-Term Leases	-	1.61	1.58	6.35	19
Long-Term Unearned Revenue	44.05	49.61	49.64	50.62	26.49
Long-Term Deferred Tax Liabilities	25.8	24.54	18.66	42.14	29.95
Other Long-Term Liabilities	-	0.03	0.13	2.26	2.31
Total Liabilities	1,069	749.44	401.67	664.91	568.6
Common Stock	222.19	158.7	113.36	84.98	84.98
Additional Paid-In Capital	769.73	832.25	876.63	231.93	230.97
Retained Earnings	622.37	544.02	451.34	325.91	231.64
Comprehensive Income & Other	9.57	4.98	2.79	-	-
Shareholders' Equity	1,624	1,540	1,444	642.83	547.59
Total Liabilities & Equity	2,693	2,289	1,846	1,308	1,116
Total Debt	612.38	311.35	43.96	248.17	246.27
Net Cash (Debt)	-388.17	-210.24	214.14	-196.13	-221.29
Net Cash Per Share	-1.73	-0.95	1.04	-1.18	-1.33
Filing Date Shares Outstanding	222.19	222.19	222.19	166.56	166.56
Total Common Shares Outstanding	222.19	222.19	222.19	166.56	166.56
Working Capital	223.15	400.13	656.03	181.04	58.96
Book Value Per Share	7.31	6.93	6.50	3.86	3.29
Tangible Book Value	1,537	1,451	1,390	599.65	503.04
Tangible Book Value Per Share	6.92	6.53	6.26	3.60	3.02
Buildings	434.18	241.21	142.08	144.37	131.12
Machinery	1,077	831.91	620.91	506.79	445.78
Construction In Progress	256.08	221.64	75.64	45.75	38.43

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.