Zhongyeda Electric 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	879.75	1,349	1,604	1,283	1,422	1,126
Trading Asset Securities	720	624.02	280	100	-	55
Cash & Short-Term Investments	1,600	1,973	1,884	1,383	1,422	1,181
Cash Growth	-9.17%	4.72%	36.25%	-2.75%	20.38%	-9.81%
Accounts Receivable	2,885	2,421	2,628	2,546	2,667	2,570
Other Receivables	10.73	4.65	5.76	6.68	15.07	32.36
Receivables	2,896	2,426	2,634	2,552	2,683	2,602
Inventory	999.6	757.81	834.86	1,192	1,404	1,302
Other Current Assets	387.64	388.67	306.01	288.68	500.9	449.69
Total Current Assets	5,883	5,546	5,659	5,416	6,009	5,535
Property, Plant & Equipment	731.76	741.31	773.93	732.46	767.85	784.82
Long-Term Investments	46.37	47.02	94.72	98.54	99.68	84.84
Goodwill	41.89	41.89	45.18	45.18	55.36	85.2
Other Intangible Assets	127.21	129.32	136.07	143.72	150.68	150.69
Long-Term Deferred Tax Assets	60.09	56.22	65.21	73.25	60.26	60.2
Long-Term Deferred Charges	7.33	7.61	8.45	7.31	5.9	5.84
Other Long-Term Assets	-	-	-	0.01	0.24	2.27
Total Assets	6,898	6,569	6,783	6,516	7,149	6,709
Accounts Payable	1,933	1,691	1,723	1,410	2,091	1,670
Accrued Expenses	24.57	100.77	89.69	104.86	107.54	114.67
Short-Term Debt	24	19	18	19	4	7.25
Current Portion of Leases	-	1.84	1.74	3.44	5.26	5.12
Current Income Taxes Payable	58.17	9.86	7.22	24.59	20.51	68.48
Current Unearned Revenue	183.9	170.77	224.53	248.31	277.11	316.27
Other Current Liabilities	44.32	47.76	54.51	52.16	50.26	56.74
Total Current Liabilities	2,269	2,041	2,119	1,862	2,555	2,239
Long-Term Leases	9.11	9.06	7.48	2.3	5.74	11
Long-Term Unearned Revenue	6.09	6.24	6.82	7.25	7.94	8.96
Long-Term Deferred Tax Liabilities	20.91	21.06	39.81	40.66	41.1	36.87
Total Liabilities	2,305	2,077	2,173	1,912	2,610	2,296
Common Stock	544.54	544.54	544.54	544.54	544.54	544.54
Additional Paid-In Capital	1,897	1,897	1,897	1,897	1,897	1,897
Retained Earnings	2,087	1,991	2,075	2,069	2,006	1,892
Comprehensive Income & Other	14.87	15.37	45.53	48.67	48.35	32.89
Total Common Equity	4,543	4,448	4,562	4,559	4,495	4,366
Minority Interest	49.94	44.6	47.68	45.07	43.66	47.6
Shareholders' Equity	4,593	4,492	4,609	4,604	4,539	4,413
Total Liabilities & Equity	6,898	6,569	6,783	6,516	7,149	6,709
Total Debt	34.49	29.9	27.23	24.74	15	23.37
Net Cash (Debt)	1,565	1,943	1,857	1,358	1,407	1,158
Net Cash Growth	-9.52%	4.64%	36.73%	-3.48%	21.52%	-11.34%
Net Cash Per Share	2.94	3.61	3.40	2.52	2.57	2.12
Filing Date Shares Outstanding	532.35	544.54	544.54	544.54	544.54	544.54
Total Common Shares Outstanding	532.35	544.54	544.54	544.54	544.54	544.54
Working Capital	3,614	3,505	3,540	3,554	3,454	3,296
Book Value Per Share	8.53	8.17	8.38	8.37	8.26	8.02
Tangible Book Value	4,374	4,276	4,380	4,370	4,289	4,130
Tangible Book Value Per Share	8.22	7.85	8.04	8.02	7.88	7.58
Buildings	-	952.87	953.44	864.86	864.7	836.85
Machinery	-	160.24	160.1	175.91	175.39	168.04
Construction In Progress	-	-	3.38	22.31	19.13	29.86

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