Qingdao Weflo Valve 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	Jan '22 Jan 1, 2022
Cash & Equivalents	247.26	210.45	217.37	99.34	164.26	96.52
Short-Term Investments	-	-	21.58	31.94	60.77	87.29
Trading Asset Securities	356.7	422.73	459.42	337.56	254.12	188.61
Cash & Short-Term Investments	603.96	633.18	698.37	468.85	479.15	372.41
Cash Growth	8.99%	-9.33%	48.95%	-2.15%	28.66%	-11.70%
Accounts Receivable	165.09	189.36	141.33	121.97	80.01	83.44
Other Receivables	6.29	11.43	9.6	6.83	5.25	6.01
Receivables	171.37	200.79	150.93	128.8	85.26	89.45
Inventory	116.7	104.49	89.41	84.17	118.91	112.52
Prepaid Expenses	-	-	-	0.95	-	-
Other Current Assets	30.58	5.4	4.3	4.04	5.8	4.86
Total Current Assets	922.6	943.86	943	686.8	689.12	579.24
Property, Plant & Equipment	435.75	399.87	353.95	241.78	243.95	254.86
Long-Term Investments	20.5	20.31	10.01	10.41	10.09	-
Other Intangible Assets	84.51	88.25	50.38	49.61	33.52	34.52
Long-Term Deferred Tax Assets	13.4	12.87	7.35	8.51	13.84	14.22
Long-Term Deferred Charges	1.64	1.5	2.04	1.99	2.03	1.21
Other Long-Term Assets	3.25	10.97	5.13	18	1.41	5.83
Total Assets	1,482	1,478	1,372	1,017	993.97	889.88

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	Jan '22 Jan 1, 2022
Accounts Payable	216.92	201.41	165.84	98.96	100.4	96.38
Accrued Expenses	21.92	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	8.65	0.75	5.17	2.38	9.54	3.21
Current Unearned Revenue	42.89	18.51	19.96	24.86	17.15	16.52
Other Current Liabilities	40.09	34.43	7.84	15.94	22.14	59.09
Total Current Liabilities	349.49	314.22	231.98	173.17	209.47	229.33
Long-Term Debt	-	-	233.69	-	-	-
Long-Term Leases	0.17	0.17	0.21	-	-	-
Long-Term Unearned Revenue	11.74	10.44	8.81	9.67	10.52	11.24
Long-Term Deferred Tax Liabilities	7.53	6.22	2.48	2.61	2.66	3.33
Total Liabilities	368.94	331.05	477.17	185.45	222.65	243.9

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	Jan '22 Jan 1, 2022
Common Stock	251.85	251.85	219.31	219.37	168.88	169.03
Additional Paid-In Capital	382.34	370.17	139.22	138	185.17	181.59
Retained Earnings	520.67	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	-6.81	0.62	32.55	0.01	-0.01	0.06
Total Common Equity	1,113	1,147	854.22	791.34	733.89	645.98
Minority Interest	-	-	40.48	40.32	37.43	-
Shareholders' Equity	1,113	1,147	894.69	831.66	771.32	645.98
Total Liabilities & Equity	1,482	1,478	1,372	1,017	993.97	889.88

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	Jan '22 Jan 1, 2022
Total Debt	19.2	19.21	234.46	-	30.01	31
Net Cash (Debt)	584.75	613.98	463.91	468.85	449.14	341.41
Net Cash Growth	85.71%	32.35%	-1.05%	4.39%	31.56%	-8.27%
Net Cash Per Share	2.39	2.70	1.88	2.12	2.04	1.55
Filing Date Shares Outstanding	241.89	246.98	214.46	214.5	224.1	219.19
Total Common Shares Outstanding	241.89	246.98	214.44	214.5	224.1	219.19
Working Capital	573.11	629.64	711.02	513.63	479.65	349.91
Book Value Per Share	4.60	4.64	3.98	3.69	3.27	2.95
Tangible Book Value	1,028	1,058	803.84	741.73	700.37	611.46
Tangible Book Value Per Share	4.25	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