Changchai Company Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	756.03	892.68	971.63	930.01	707.97	760.73
Short-Term Investments	-	-	40.77	-	-	-
Trading Asset Securities	359.55	303.67	225.64	370.1	404.05	11.5
Cash & Short-Term Investments	1,116	1,196	1,238	1,300	1,112	772.23
Cash Growth	5.31%	-3.37%	-4.77%	16.91%	44.00%	18.51%
Accounts Receivable	1,514	986.33	674.05	910.26	1,207	997.29
Other Receivables	6.99	61.67	69.64	80.62	57.32	28.75
Receivables	1,521	1,048	743.69	990.88	1,264	1,026
Inventory	519.69	819.2	789.22	572	651.08	606.68
Prepaid Expenses	-	0.08	0.06	0.09	0.11	2.44
Restricted Cash	-	171.02	112.24	-	-	-
Other Current Assets	32.53	15.43	13.24	7.84	14.34	11.68
Total Current Assets	3,188	3,250	2,896	2,871	3,042	2,419
Property, Plant & Equipment	568.67	618.79	679.87	750.34	673.22	520.68
Long-Term Investments	979.27	941.12	969.49	994.87	817.78	685.14
Other Intangible Assets	138.21	142.81	148.46	157.39	155.15	158.87
Long-Term Deferred Tax Assets	9.09	6.46	1.52	26.22	10.69	4.23
Other Long-Term Assets	418.77	422.65	463.56	419.61	161.75	164.96
Total Assets	5,305	5,382	5,159	5,219	4,860	3,953
Accounts Payable	1,161	1,182	1,170	1,219	1,217	1,208
Accrued Expenses	12.16	134.95	121.91	188.15	173.18	202.69
Short-Term Debt	25.1	94.47	-	115.44	73.97	22
Current Income Taxes Payable	3.85	0.61	1.69	1.27	0.47	0.53
Current Unearned Revenue	31.07	61.82	35	33.68	27.53	36.61
Other Current Liabilities	284.47	210.24	96.4	107.19	114.34	52.56
Total Current Liabilities	1,518	1,684	1,425	1,665	1,606	1,522
Long-Term Unearned Revenue	26.83	29.39	32.8	36.21	39.62	56.95
Long-Term Deferred Tax Liabilities	165.96	154.45	171.84	161.36	117.34	80.67
Other Long-Term Liabilities	76.49	73	60.07	-	-	-
Total Liabilities	1,787	1,941	1,689	1,862	1,763	1,660
Common Stock	705.69	705.69	705.69	705.69	705.69	561.37
Additional Paid-In Capital	640.51	620.34	620.34	620.34	620.34	143.99
Retained Earnings	1,389	1,351	1,366	1,265	1,206	1,103
Comprehensive Income & Other	701.76	685.2	706.78	693.99	545.16	464.63
Total Common Equity	3,437	3,363	3,399	3,285	3,078	2,273
Minority Interest	81.27	77.9	71.12	72.46	19.42	19.5
Shareholders' Equity	3,518	3,441	3,470	3,357	3,097	2,293
Total Liabilities & Equity	5,305	5,382	5,159	5,219	4,860	3,953
Total Debt	25.1	94.47	-	115.44	73.97	22
Net Cash (Debt)	1,090	1,102	1,238	1,185	1,038	750.23
Net Cash Growth	2.94%	-11.00%	4.50%	14.13%	38.36%	19.15%
Net Cash Per Share	1.54	1.56	1.75	1.68	1.67	1.34
Filing Date Shares Outstanding	705.69	705.69	705.69	705.69	705.69	561.37
Total Common Shares Outstanding	705.69	705.69	705.69	705.69	705.69	561.37
Working Capital	1,671	1,566	1,472	1,206	1,435	896.59
Book Value Per Share	4.87	4.77	4.82	4.65	4.36	4.05
Tangible Book Value	3,299	3,220	3,250	3,127	2,922	2,114
Tangible Book Value Per Share	4.67	4.56	4.61	4.43	4.14	3.77
Buildings	-	642.5	683.97	710.6	457.38	465.43
Machinery	-	1,198	1,133	1,194	1,069	1,056
Construction In Progress	-	3.38	4.28	30.28	270.31	66.5

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