Zhejiang Yueling Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	250.9	243.53	222.51	209.76	111.37	113.69
Short-Term Investments	-	43.03	-	-	-	-
Trading Asset Securities	134.26	148.51	40.88	1.01	0.25	0.38
Cash & Short-Term Investments	385.16	435.07	263.39	210.77	111.62	114.06
Cash Growth	21.73%	65.18%	24.96%	88.83%	-2.14%	-23.49%
Accounts Receivable	87.46	102.53	103.01	88.89	109.31	155.82
Other Receivables	10.16	9.45	10.87	3.22	4.23	6.56
Receivables	97.62	111.98	113.88	92.11	113.54	162.38
Inventory	176.09	116.45	143.04	157.23	191.06	222.86
Prepaid Expenses	-	0.15	0.49	0.08	0.02	0.04
Other Current Assets	28.39	4.23	2.58	3.81	8.58	5.79
Total Current Assets	687.25	667.89	523.38	464	424.81	505.13
Property, Plant & Equipment	247.29	249.32	281.26	333.67	381.62	420.47
Long-Term Investments	201.12	221.71	380.58	320.54	339.77	300.9
Other Intangible Assets	75.86	76.98	79.76	86.26	88.59	91.04
Long-Term Deferred Tax Assets	24.52	20.63	14.9	20.23	7.67	4.82
Long-Term Deferred Charges	1.2	24.21	23.8	25.19	26.28	32.64
Other Long-Term Assets	51.72	3.07	1.3	1.44	3.65	5.41
Total Assets	1,289	1,264	1,305	1,251	1,272	1,360

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Accounts Payable	66.95	58.43	57.34	60.69	61.68	148.51
Accrued Expenses	17.98	25.24	28.92	27.22	25.95	32.45
Short-Term Debt	198.2	147.27	179.64	166.55	60.29	91.92
Current Portion of Long-Term Debt	0.36	0.09	-	-	70.06	-
Current Portion of Leases	-	0.05	1.02	0.3	0.88	1.32
Current Income Taxes Payable	2.8	0.02	0	0.01	0.05	0.01
Current Unearned Revenue	20.2	17.27	10.79	16.84	14.37	20.26
Other Current Liabilities	1.83	9.32	6.97	5.35	6.9	8.91
Total Current Liabilities	308.31	257.68	284.68	276.96	240.18	303.37
Long-Term Debt	13.96	4.42	-	-	-	-
Long-Term Leases	-	0.05	1.43	0.37	0.13	0.87
Long-Term Unearned Revenue	3.87	4.49	6.47	9.11	11.84	12.33
Long-Term Deferred Tax Liabilities	-	-	-	-	-	3.53
Total Liabilities	326.15	266.63	292.57	286.45	252.14	320.1

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Common Stock	256	256	256	256	256	256
Additional Paid-In Capital	297.17	297.17	297.17	297.17	297.31	297.31
Retained Earnings	387.34	403.84	389.27	341.93	392.94	396.74
Treasury Stock	-18.5	-0.88	-	-	-	-
Comprehensive Income & Other	40.45	40.73	69.63	69.53	74.06	90.27
Total Common Equity	962.46	996.87	1,012	964.63	1,020	1,040
Minority Interest	0.34	0.32	0.34	0.26	-0.05	-
Shareholders' Equity	962.8	997.19	1,012	964.88	1,020	1,040
Total Liabilities & Equity	1,289	1,264	1,305	1,251	1,272	1,360

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Total Debt	212.52	151.87	182.08	167.22	131.35	94.11
Net Cash (Debt)	172.64	283.2	81.31	43.55	-19.74	19.95
Net Cash Growth	6.37%	248.30%	86.70%	-	-	-66.71%
Net Cash Per Share	0.67	1.11	0.32	0.17	-0.08	0.08
Filing Date Shares Outstanding	256.93	256	256	256	256	256
Total Common Shares Outstanding	256.93	256	256	256	256	256
Working Capital	378.94	410.21	238.71	187.03	184.63	201.76
Book Value Per Share	3.75	3.89	3.95	3.77	3.99	4.06
Tangible Book Value	886.6	919.89	932.31	878.37	931.71	949.27
Tangible Book Value Per Share	3.45	3.59	3.64	3.43	3.64	3.71
Buildings	-	285.49	306.82	332.18	331.4	330.94
Machinery	-	365.03	381.38	434.44	459.64	447.5
Construction In Progress	-	9.41	3.69	11.09	5.06	11.26