Qingdao Weflo Valve 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	304.89	210.45	217.37	99.34	164.26	96.52
Short-Term Investments	-	-	21.58	31.94	60.77	87.29
Trading Asset Securities	310.79	422.73	459.42	337.56	254.12	188.61
Cash & Short-Term Investments	615.68	633.18	698.37	468.85	479.15	372.41
Cash Growth	-3.65%	-9.33%	48.95%	-2.15%	28.66%	-11.70%
Accounts Receivable	162.79	189.36	141.33	121.97	80.01	83.44
Other Receivables	4.47	11.43	9.6	6.83	5.25	6.01
Receivables	167.26	200.79	150.93	128.8	85.26	89.45
Inventory	107.35	104.49	89.41	84.17	118.91	112.52
Prepaid Expenses	-	-	-	0.95	-	-
Other Current Assets	7.38	5.4	4.3	4.04	5.8	4.86
Total Current Assets	897.67	943.86	943	686.8	689.12	579.24
Property, Plant & Equipment	418.92	399.87	353.95	241.78	243.95	254.86
Long-Term Investments	20.41	20.31	10.01	10.41	10.09	-
Other Intangible Assets	85.63	88.25	50.38	49.61	33.52	34.52
Long-Term Deferred Tax Assets	13.54	12.87	7.35	8.51	13.84	14.22
Long-Term Deferred Charges	1.77	1.5	2.04	1.99	2.03	1.21
Other Long-Term Assets	7.96	10.97	5.13	18	1.41	5.83
Total Assets	1,446	1,478	1,372	1,017	993.97	889.88
Accounts Payable	155.02	201.41	165.84	98.96	100.4	96.38
Accrued Expenses	22	40.09	32.62	31.03	30.24	23.13
Short-Term Debt	19	19	-	-	30.01	31
Current Portion of Long-Term Debt	0.03	-	0.52	-	-	-
Current Portion of Leases	-	0.03	0.03	-	-	-
Current Income Taxes Payable	6.24	0.75	5.17	2.38	9.54	3.21
Current Unearned Revenue	19.82	18.51	19.96	24.86	17.15	16.52
Other Current Liabilities	34.03	34.43	7.84	15.94	22.14	59.09
Total Current Liabilities	256.13	314.22	231.98	173.17	209.47	229.33
Long-Term Debt	-	-	233.69	-	-	-
Long-Term Leases	0.18	0.17	0.21	-	-	-
Long-Term Unearned Revenue	11.41	10.44	8.81	9.67	10.52	11.24
Long-Term Deferred Tax Liabilities	6.68	6.22	2.48	2.61	2.66	3.33
Total Liabilities	274.4	331.05	477.17	185.45	222.65	243.9
Common Stock	251.85	251.85	219.31	219.37	168.88	169.03
Additional Paid-In Capital	376.25	370.17	139.22	138	185.17	181.59
Retained Earnings	581.78	559.24	512.66	456.88	390.22	312.97
Treasury Stock	-35.3	-35.3	-49.52	-22.91	-10.37	-17.68
Comprehensive Income & Other	-3.05	0.62	32.55	0.01	-0.01	0.06
Total Common Equity	1,172	1,147	854.22	791.34	733.89	645.98
Minority Interest	-	-	40.48	40.32	37.43	-
Shareholders' Equity	1,172	1,147	894.69	831.66	771.32	645.98
Total Liabilities & Equity	1,446	1,478	1,372	1,017	993.97	889.88
Total Debt	19.21	19.21	234.46	-	30.01	31
Net Cash (Debt)	596.47	613.98	463.91	468.85	449.14	341.41
Net Cash Growth	48.31%	32.35%	-1.05%	4.39%	31.56%	-8.27%
Net Cash Per Share	2.52	2.70	1.88	2.12	2.04	1.55
Filing Date Shares Outstanding	250.52	246.98	214.46	214.5	224.1	219.19
Total Common Shares Outstanding	250.52	246.98	214.44	214.5	224.1	219.19
Working Capital	641.54	629.64	711.02	513.63	479.65	349.91
Book Value Per Share	4.68	4.64	3.98	3.69	3.27	2.95
Tangible Book Value	1,086	1,058	803.84	741.73	700.37	611.46
Tangible Book Value Per Share	4.33	4.29	3.75	3.46	3.13	2.79
Buildings	-	329.38	179.64	164.77	167.46	160.81
Machinery	-	260.6	214.26	215.25	215	211.39
Construction In Progress	-	16.69	141.08	21.7	5.09	4.65