Zhejiang Founder Motor Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	641.91	470.68	406.72	403.01	323.04	567.39
Trading Asset Securities	6.4	8.06	9.55	31.97	27.89	82.89
Cash & Short-Term Investments	648.31	478.74	416.27	434.98	350.93	650.28
Cash Growth	92.52%	15.01%	-4.30%	23.95%	-46.03%	202.86%
Accounts Receivable	1,588	1,413	1,150	1,321	1,133	827.53
Other Receivables	12.65	40.06	53.56	55.55	85.8	34
Receivables	1,601	1,453	1,203	1,377	1,218	861.53
Inventory	431.68	368.9	323.71	277.19	475.92	396.62
Prepaid Expenses	-	0.17	1.3	1.72	0.16	0.06
Other Current Assets	49.85	57.32	34.95	27.24	34.85	43.47
Total Current Assets	2,730	2,358	1,980	2,118	2,080	1,952
Property, Plant & Equipment	1,774	1,736	1,536	1,322	1,019	560.5
Long-Term Investments	61.29	49.82	63.51	56.47	69.24	69.36
Goodwill	62.89	62.89	63.27	66.28	67.56	247.32
Other Intangible Assets	298.36	305.61	262.42	268.87	279.59	113.83
Long-Term Deferred Tax Assets	25.72	27.16	24.96	53.55	59.72	48.17
Long-Term Deferred Charges	33.8	29.97	56.98	33.77	21.3	15.49
Other Long-Term Assets	138.7	128.67	135.82	158.14	228.07	193.38
Total Assets	5,125	4,697	4,123	4,077	3,825	3,200

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	2,041	1,801	1,551	1,454	1,459	1,167
Accrued Expenses	47.47	61.36	50.09	64.87	52.25	62.53
Short-Term Debt	422.12	318.3	329.05	353.62	320.77	107.14
Current Portion of Long-Term Debt	202.15	234.54	43.04	26.52	0.16	-
Current Portion of Leases	-	17.33	17.46	106.63	97.91	26.39
Current Income Taxes Payable	15.19	1.19	2.59	2.57	0.95	0.86
Current Unearned Revenue	10.69	11.03	8.76	7.9	11.61	18.17
Other Current Liabilities	69.14	53.65	11.03	51.58	78.71	141.88
Total Current Liabilities	2,808	2,498	2,013	2,068	2,022	1,524
Long-Term Debt	789.57	678.4	554.7	412.06	239.03	-
Long-Term Leases	7.29	12.66	18.36	3.96	-	4.91
Long-Term Unearned Revenue	63.99	69.82	78.48	73.42	97.51	98.33
Long-Term Deferred Tax Liabilities	15.53	16.88	16.01	15.45	11.43	10.41
Other Long-Term Liabilities	-	5	35.82	93.96	179.95	48.19
Total Liabilities	3,684	3,281	2,717	2,667	2,550	1,686

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	495.87	495.87	497.67	497.67	498.72	498.91
Additional Paid-In Capital	1,872	1,872	1,876	1,881	1,865	1,829
Retained Earnings	-905.59	-929.96	-950.97	-922.63	-1,023	-715.52
Treasury Stock	-	-	-6.29	-40.04	-73.56	-105.77
Comprehensive Income & Other	-23.68	-21.95	-12.4	-7.93	-8.38	-11.09
Total Common Equity	1,438	1,416	1,404	1,408	1,259	1,495
Minority Interest	2.54	0.92	2.14	1.98	15.99	18.97
Shareholders' Equity	1,441	1,416	1,406	1,410	1,275	1,514
Total Liabilities & Equity	5,125	4,697	4,123	4,077	3,825	3,200

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	1,421	1,261	962.61	902.78	657.88	138.43
Net Cash (Debt)	-772.82	-782.48	-546.34	-467.8	-306.94	511.85
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.56	-1.58	-1.10	-0.94	-0.61	1.02
Filing Date Shares Outstanding	493.99	495.87	497.67	497.67	498.72	498.91
Total Common Shares Outstanding	493.99	495.87	497.67	497.67	498.72	498.91
Working Capital	-77.4	-140.4	-33.73	49.69	58.49	427.83
Book Value Per Share	2.91	2.85	2.82	2.83	2.52	3.00
Tangible Book Value	1,077	1,047	1,078	1,073	911.78	1,134
Tangible Book Value Per Share	2.18	2.11	2.17	2.16	1.83	2.27
Buildings	-	582.74	433	416.53	192.02	106.93
Machinery	-	1,233	836.13	937.29	741.6	444.06
Construction In Progress	-	285.56	546.53	192.94	284.78	159.94