Hunan Zhongke Electric 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	744.67	983.93	371.58	519.67	1,472	1,458
Trading Asset Securities	3.53	3.62	55.31	358.77	87.84	4.52
Cash & Short-Term Investments	748.2	987.56	426.9	878.44	1,560	1,463
Cash Growth	24.84%	131.33%	-51.40%	-43.68%	6.64%	366.04%
Accounts Receivable	4,431	4,331	3,067	2,416	2,355	1,494
Other Receivables	18.26	22.03	163.14	254.62	221.95	70
Receivables	4,449	4,353	3,230	2,671	2,577	1,564
Inventory	3,994	3,776	2,152	1,823	2,953	854.91
Other Current Assets	336.92	414.26	44.16	59.01	362.87	304.91
Total Current Assets	9,529	9,531	5,853	5,432	7,452	4,186
Property, Plant & Equipment	4,369	4,177	3,926	3,694	2,714	1,187
Long-Term Investments	194.24	205.81	189.74	171.11	189.97	117.68
Goodwill	472.88	472.88	472.88	472.88	472.88	472.88
Other Intangible Assets	510.65	494.94	517.1	306.46	302.47	199.52
Long-Term Deferred Tax Assets	149.6	186.12	150.5	159.02	88.28	50.79
Long-Term Deferred Charges	32.61	36.05	31.72	27.86	22.05	2.49
Other Long-Term Assets	143.81	109.48	193.74	110.04	223.38	106.6
Total Assets	15,401	15,213	11,334	10,373	11,466	6,323
Accounts Payable	2,454	2,923	1,806	1,329	1,543	640.3
Accrued Expenses	64.13	116.78	129.41	98.74	94.16	56.29
Short-Term Debt	2,951	3,004	1,527	954.73	1,755	1,607
Current Portion of Long-Term Debt	834.46	265.33	488.82	403.28	325.91	47.06
Current Portion of Leases	-	-	-	-	3.05	-
Current Income Taxes Payable	36.25	50.35	17.57	13.09	4.14	3.8
Current Unearned Revenue	60.95	44.13	96.47	187.98	250.17	232.88
Other Current Liabilities	251.04	255.75	42.57	47.9	50.09	56.66
Total Current Liabilities	6,652	6,659	4,107	3,035	4,025	2,644
Long-Term Debt	2,756	2,647	685.84	951.95	1,091	285.36
Long-Term Leases	-	-	-	-	1.8	-
Long-Term Unearned Revenue	144.68	141.01	106.35	94.94	76.8	43.28
Long-Term Deferred Tax Liabilities	8.21	8.29	8.8	9.59	12.09	9.76
Other Long-Term Liabilities	3.5	3.5	1,105	1,032	963.84	900
Total Liabilities	9,564	9,459	6,014	5,123	6,171	3,882
Common Stock	685.43	685.43	685.43	723.31	723.31	642.37
Additional Paid-In Capital	2,685	2,685	2,685	2,999	2,995	899.94
Retained Earnings	1,667	1,602	1,303	1,103	1,170	914.46
Treasury Stock	-	-	-	-131.35	-	-15.35
Comprehensive Income & Other	0.37	0.17	0.12	0.43	0.02	0.05
Total Common Equity	5,037	4,972	4,674	4,694	4,888	2,441
Minority Interest	800.23	782.54	647	555.08	406.35	-0.12
Shareholders' Equity	5,837	5,755	5,321	5,249	5,295	2,441
Total Liabilities & Equity	15,401	15,213	11,334	10,373	11,466	6,323
Total Debt	6,542	5,916	2,701	2,310	3,177	1,939
Net Cash (Debt)	-5,794	-4,929	-2,274	-1,432	-1,617	-476.22
Net Cash Per Share	-8.45	-7.19	-3.30	-1.98	-2.31	-0.74
Filing Date Shares Outstanding	685.53	685.17	685.43	685.43	723.31	642.37
Total Common Shares Outstanding	685.53	685.17	685.43	711.28	723.31	642.37
Working Capital	2,877	2,871	1,745	2,397	3,427	1,543
Book Value Per Share	7.35	7.26	6.82	6.60	6.76	3.80
Tangible Book Value	4,053	4,004	3,684	3,915	4,113	1,769
Tangible Book Value Per Share	5.91	5.84	5.37	5.50	5.69	2.75
Buildings	-	-	1,573	1,311	776.21	421.68
Machinery	-	-	2,713	2,515	1,317	505.65
Construction In Progress	-	-	357.14	334.54	887.37	442.8

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