Zhejiang Renzhi 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	14.34	14.88	29.21	35.71	67.49	102.98
Cash & Short-Term Investments	14.34	14.88	29.21	35.71	67.49	102.98
Cash Growth	117.39%	-49.05%	-18.20%	-47.09%	-34.47%	-0.22%
Accounts Receivable	241.88	288.82	269.41	109.67	123.57	70.79
Other Receivables	5.58	16.59	9.27	5.4	3.05	7.69
Receivables	247.46	305.41	278.69	115.07	126.61	78.48
Inventory	4.94	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	10.52	5.08	1.37	5.18	1.59	11.03
Total Current Assets	277.25	331.4	314.05	162.16	203.13	202
Property, Plant & Equipment	50.34	52.01	41.42	26.8	22.36	24.98
Long-Term Investments	-	-	-	-	-	122.93
Goodwill	0.14	0.14	0.14	0.14	0.01	-
Other Intangible Assets	3.3	3.32	3.38	4.64	4.81	4.97
Long-Term Deferred Tax Assets	6.38	6.32	5.42	4.25	4.11	3.69
Long-Term Deferred Charges	3.42	3.63	3	4.31	3.74	3.45
Total Assets	340.85	396.82	367.43	202.3	238.16	362.02
Accounts Payable	172.01	220.48	214.97	95.44	100.81	194.03
Accrued Expenses	1.68	6.7	3.98	2.47	2.76	5.43
Short-Term Debt	20.01	15.02	23.27	-	2	40.98
Current Portion of Long-Term Debt	2.8	0.1	-	-	-	-
Current Portion of Leases	-	2.12	1.44	3.15	3.23	2.76
Current Income Taxes Payable	3.07	3.11	5.62	1.11	1.09	0.06
Current Unearned Revenue	3.11	10.04	1.9	0.58	0.78	0.03
Other Current Liabilities	40.41	43.19	33.84	37.49	88.32	98.08
Total Current Liabilities	243.11	300.76	285	140.23	199	341.35
Long-Term Debt	10.25	4.85	-	-	-	-
Long-Term Leases	5.58	5.5	1.97	0.43	2.42	1.96
Long-Term Deferred Tax Liabilities	1.24	1.35	0.77	0.24	-	-
Other Long-Term Liabilities	0.42	0.78	9.25	-	-	11.87
Total Liabilities	260.6	313.25	296.99	140.9	201.42	355.18
Common Stock	426.1	426.1	436.65	436.65	436.65	411.95
Additional Paid-In Capital	124.42	124.42	132.9	144.61	119.73	88.6
Retained Earnings	-492.6	-488.63	-498.02	-512.45	-477.5	-491.57
Treasury Stock	-	-	-19.2	-22.48	-44.95	-
Comprehensive Income & Other	5.15	4.89	4.16	2.91	2.35	-1.15
Total Common Equity	63.06	66.78	56.48	49.25	36.27	7.83
Minority Interest	17.18	16.79	13.96	12.15	0.47	-0.99
Shareholders' Equity	80.24	83.57	70.44	61.4	36.74	6.84
Total Liabilities & Equity	340.85	396.82	367.43	202.3	238.16	362.02
Total Debt	38.65	27.58	26.67	3.58	7.65	45.69
Net Cash (Debt)	-24.32	-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	-0.06	-0.03	0.01	0.08	0.14	0.14
Filing Date Shares Outstanding	396.8	426.1	151.35	424.3	411.95	411.95
Total Common Shares Outstanding	396.8	426.1	151.35	424.3	411.95	411.95
Working Capital	34.15	30.63	29.05	21.93	4.13	-139.35
Book Value Per Share	0.16	0.16	0.37	0.12	0.09	0.02
Tangible Book Value	59.62	63.31	52.95	44.46	31.45	2.86
Tangible Book Value Per Share	0.15	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	-	-	-