Zhejiang Founder Motor 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	435.96	470.68	406.72	403.01	323.04	567.39
Trading Asset Securities	11.06	8.06	9.55	31.97	27.89	82.89
Cash & Short-Term Investments	447.02	478.74	416.27	434.98	350.93	650.28
Cash Growth	5.77%	15.01%	-4.30%	23.95%	-46.03%	202.86%
Accounts Receivable	1,401	1,413	1,150	1,321	1,133	827.53
Other Receivables	49.32	40.06	53.56	55.55	85.8	34
Receivables	1,450	1,453	1,203	1,377	1,218	861.53
Inventory	440.65	368.9	323.71	277.19	475.92	396.62
Prepaid Expenses	-	-	1.3	1.72	0.16	0.06
Other Current Assets	41.42	57.49	34.95	27.24	34.85	43.47
Total Current Assets	2,379	2,358	1,980	2,118	2,080	1,952
Property, Plant & Equipment	1,742	1,736	1,536	1,322	1,019	560.5
Long-Term Investments	54.91	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	300.61	305.61	262.42	268.87	279.59	113.83
Long-Term Deferred Tax Assets	27.17	27.16	24.96	53.55	59.72	48.17
Long-Term Deferred Charges	32.36	29.97	56.98	33.77	21.3	15.49
Other Long-Term Assets	143.9	128.67	135.82	158.14	228.07	193.38
Total Assets	4,743	4,697	4,123	4,077	3,825	3,200
Accounts Payable	1,770	1,801	1,551	1,454	1,459	1,167
Accrued Expenses	40.72	52.13	50.09	64.87	52.25	62.53
Short-Term Debt	359.34	318.3	329.05	353.62	320.77	107.14
Current Portion of Long-Term Debt	192.92	251.86	43.04	26.52	0.16	-
Current Portion of Leases	-	-	17.46	106.63	97.91	26.39
Current Income Taxes Payable	7.95	13.52	2.59	2.57	0.95	0.86
Current Unearned Revenue	9.41	11.03	8.76	7.9	11.61	18.17
Other Current Liabilities	62.31	50.55	11.03	51.58	78.71	141.88
Total Current Liabilities	2,443	2,498	2,013	2,068	2,022	1,524
Long-Term Debt	771.66	678.4	554.7	412.06	239.03	-
Long-Term Leases	11.58	12.66	18.36	3.96	-	4.91
Long-Term Unearned Revenue	67.8	69.82	78.48	73.42	97.51	98.33
Long-Term Deferred Tax Liabilities	16.88	16.88	16.01	15.45	11.43	10.41
Other Long-Term Liabilities	5	5	35.82	93.96	179.95	48.19
Total Liabilities	3,316	3,281	2,717	2,667	2,550	1,686
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	-918.34	-929.96	-950.97	-922.63	-1,023	-715.52
Treasury Stock	-	-	-6.29	-40.04	-73.56	-105.77
Comprehensive Income & Other	-23.19	-21.95	-12.4	-7.93	-8.38	-11.09
Total Common Equity	1,426	1,416	1,404	1,408	1,259	1,495
Minority Interest	0.72	0.92	2.14	1.98	15.99	18.97
Shareholders' Equity	1,427	1,416	1,406	1,410	1,275	1,514
Total Liabilities & Equity	4,743	4,697	4,123	4,077	3,825	3,200
Total Debt	1,336	1,261	962.61	902.78	657.88	138.43
Net Cash (Debt)	-888.48	-782.48	-546.34	-467.8	-306.94	511.85
Net Cash Per Share	-1.79	-1.58	-1.10	-0.94	-0.61	1.02
Filing Date Shares Outstanding	496.93	496.78	497.67	497.67	498.72	498.91
Total Common Shares Outstanding	496.93	496.78	497.67	497.67	498.72	498.91
Working Capital	-63.77	-140.4	-33.73	49.69	58.49	427.83
Book Value Per Share	2.87	2.85	2.82	2.83	2.52	3.00
Tangible Book Value	1,062	1,047	1,078	1,073	911.78	1,134
Tangible Book Value Per Share	2.14	2.11	2.17	2.16	1.83	2.27
Buildings	-	-	433	416.53	192.02	106.93
Machinery	-	-	836.13	937.29	741.6	444.06
Construction In Progress	-	-	546.53	192.94	284.78	159.94

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