Zhejiang Renzhi Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	4.11	29.21	35.71	67.49	102.98	103.21
Cash & Short-Term Investments	4.11	29.21	35.71	67.49	102.98	103.21
Cash Growth	-73.80%	-18.20%	-47.09%	-34.47%	-0.22%	14.09%
Accounts Receivable	166.99	269.41	109.67	123.57	70.79	55.87
Other Receivables	7.99	9.27	5.4	3.05	7.69	21.21
Receivables	174.99	278.69	115.07	126.61	78.48	77.08
Inventory	3.7	4.74	6.05	7.41	9.5	7.28
Prepaid Expenses	-	0.05	0.16	0.03	0.01	0.02
Other Current Assets	21.19	1.37	5.18	1.59	11.03	30.84
Total Current Assets	203.98	314.05	162.16	203.13	202	218.43
Property, Plant & Equipment	53.89	41.42	26.8	22.36	24.98	24.69
Long-Term Investments	-	-	-	-	122.93	122.93
Goodwill	0.14	0.14	0.14	0.01	-	-
Other Intangible Assets	3.34	3.38	4.64	4.81	4.97	5.14
Long-Term Deferred Tax Assets	6.06	5.42	4.25	4.11	3.69	5.22
Long-Term Deferred Charges	2.56	3	4.31	3.74	3.45	3.23
Total Assets	269.97	367.43	202.3	238.16	362.02	379.64
Accounts Payable	145.98	214.97	95.44	100.81	194.03	222.21
Accrued Expenses	1.65	3.98	2.47	2.76	5.43	13.1
Short-Term Debt	3.03	23.27	-	2	40.98	66.73
Current Portion of Leases	2.05	1.44	3.15	3.23	2.76	-
Current Income Taxes Payable	2.26	5.62	1.11	1.09	0.06	0.14
Current Unearned Revenue	14.38	1.9	0.58	0.78	0.03	1.47
Other Current Liabilities	25.78	33.84	37.49	88.32	98.08	35.07
Total Current Liabilities	195.14	285	140.23	199	341.35	338.71
Long-Term Leases	6.42	1.97	0.43	2.42	1.96	-
Long-Term Deferred Tax Liabilities	1.46	0.77	0.24	-	-	-
Other Long-Term Liabilities	10.84	9.25	-	-	11.87	8.15
Total Liabilities	218.6	296.99	140.9	201.42	355.18	346.86
Common Stock	426.1	436.65	436.65	436.65	411.95	411.95
Additional Paid-In Capital	124.25	132.9	144.61	119.73	88.6	88.6
Retained Earnings	-519.18	-498.02	-512.45	-477.5	-491.57	-465.16
Treasury Stock	-	-19.2	-22.48	-44.95	-	-
Comprehensive Income & Other	4.64	4.16	2.91	2.35	-1.15	-1.62
Total Common Equity	35.81	56.48	49.25	36.27	7.83	33.77
Minority Interest	15.55	13.96	12.15	0.47	-0.99	-1
Shareholders' Equity	51.36	70.44	61.4	36.74	6.84	32.77
Total Liabilities & Equity	269.97	367.43	202.3	238.16	362.02	379.64
Total Debt	16.25	26.67	3.58	7.65	45.69	66.73
Net Cash (Debt)	-12.15	2.54	32.13	59.84	57.29	36.48
Net Cash Growth	-	-92.10%	-46.30%	4.45%	57.03%	-11.60%
Net Cash Per Share	-0.03	0.01	0.08	0.14	0.14	0.09
Filing Date Shares Outstanding	426.1	151.35	424.3	411.95	411.95	411.95
Total Common Shares Outstanding	426.1	151.35	424.3	411.95	411.95	411.95
Working Capital	8.85	29.05	21.93	4.13	-139.35	-120.28
Book Value Per Share	0.08	0.37	0.12	0.09	0.02	0.08
Tangible Book Value	32.32	52.95	44.46	31.45	2.86	28.63
Tangible Book Value Per Share	0.08	0.35	0.10	0.08	0.01	0.07
Buildings	-	9.99	15.05	15.05	15.05	15.52
Machinery	-	33.52	50.7	42.12	43.32	59.44
Construction In Progress	-	20.15	-	-	-	-

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