Zhejiang Renzhi 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	Jan '22 Jan 1, 2022
Cash & Equivalents	14.88	29.21	35.71	67.49	102.98
Cash & Short-Term Investments	14.88	29.21	35.71	67.49	102.98
Cash Growth	-49.05%	-18.20%	-47.09%	-34.47%	-0.22%
Accounts Receivable	288.82	269.41	109.67	123.57	70.79
Other Receivables	16.59	9.27	5.4	3.05	7.69
Receivables	305.41	278.69	115.07	126.61	78.48
Inventory	5.97	4.74	6.05	7.41	9.5
Prepaid Expenses	0.05	0.05	0.16	0.03	0.01
Other Current Assets	5.08	1.37	5.18	1.59	11.03
Total Current Assets	331.4	314.05	162.16	203.13	202
Property, Plant & Equipment	52.01	41.42	26.8	22.36	24.98
Long-Term Investments	-	-	-	-	122.93
Goodwill	0.14	0.14	0.14	0.01	-
Other Intangible Assets	3.32	3.38	4.64	4.81	4.97
Long-Term Deferred Tax Assets	6.32	5.42	4.25	4.11	3.69
Long-Term Deferred Charges	3.63	3	4.31	3.74	3.45
Total Assets	396.82	367.43	202.3	238.16	362.02
Accounts Payable	220.48	214.97	95.44	100.81	194.03
Accrued Expenses	6.7	3.98	2.47	2.76	5.43
Short-Term Debt	15.02	23.27	-	2	40.98
Current Portion of Long-Term Debt	0.1	-	-	-	-
Current Portion of Leases	2.12	1.44	3.15	3.23	2.76
Current Income Taxes Payable	3.11	5.62	1.11	1.09	0.06
Current Unearned Revenue	10.04	1.9	0.58	0.78	0.03
Other Current Liabilities	43.19	33.84	37.49	88.32	98.08
Total Current Liabilities	300.76	285	140.23	199	341.35
Long-Term Debt	4.85	-	-	-	-
Long-Term Leases	5.5	1.97	0.43	2.42	1.96
Long-Term Deferred Tax Liabilities	1.35	0.77	0.24	-	-
Other Long-Term Liabilities	0.78	9.25	-	-	11.87
Total Liabilities	313.25	296.99	140.9	201.42	355.18
Common Stock	426.1	436.65	436.65	436.65	411.95
Additional Paid-In Capital	124.42	132.9	144.61	119.73	88.6
Retained Earnings	-488.63	-498.02	-512.45	-477.5	-491.57
Treasury Stock	-	-19.2	-22.48	-44.95	-
Comprehensive Income & Other	4.89	4.16	2.91	2.35	-1.15
Total Common Equity	66.78	56.48	49.25	36.27	7.83
Minority Interest	16.79	13.96	12.15	0.47	-0.99
Shareholders' Equity	83.57	70.44	61.4	36.74	6.84
Total Liabilities & Equity	396.82	367.43	202.3	238.16	362.02
Total Debt	27.58	26.67	3.58	7.65	45.69
Net Cash (Debt)	-12.7	2.54	32.13	59.84	57.29
Net Cash Growth	-	-92.10%	-46.30%	4.45%	57.03%
Net Cash Per Share	-0.03	0.01	0.08	0.14	0.14
Filing Date Shares Outstanding	426.1	151.35	424.3	411.95	411.95
Total Common Shares Outstanding	426.1	151.35	424.3	411.95	411.95
Working Capital	30.63	29.05	21.93	4.13	-139.35
Book Value Per Share	0.16	0.37	0.12	0.09	0.02
Tangible Book Value	63.31	52.95	44.46	31.45	2.86
Tangible Book Value Per Share	0.15	0.35	0.10	0.08	0.01
Buildings	24.12	9.99	15.05	15.05	15.05
Machinery	47.05	33.52	50.7	42.12	43.32
Construction In Progress	0.13	20.15	-	-	-

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