Jinlihua Electric 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	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	47.55	100.82	66.83	115.08	96.3	81.45
Trading Asset Securities	8.37	8.34	17.22	-	2.12	12.39
Cash & Short-Term Investments	55.93	109.16	84.05	115.08	98.42	93.84
Cash Growth	-33.81%	29.87%	-26.96%	16.93%	4.88%	-20.71%
Accounts Receivable	78.82	78.75	50.16	52.46	80	73.75
Other Receivables	2.05	6.32	0.68	7.59	6.18	1.67
Receivables	80.87	85.07	50.84	60.04	86.18	75.42
Inventory	102.55	60.8	57.68	57.02	72.6	98.74
Other Current Assets	20.72	17.28	5.35	6.14	6.4	14.32
Total Current Assets	260.06	272.3	197.93	238.28	263.6	282.33
Property, Plant & Equipment	292.45	255.27	93.35	91.41	140.82	147.45
Long-Term Investments	34.01	24.12	25	32.91	33.1	33.82
Goodwill	-	-	-	-	15.28	30.04
Other Intangible Assets	19.89	7.88	8.03	8.31	22	22.64
Long-Term Deferred Tax Assets	1.18	0.54	1.97	1.29	5.38	4.32
Long-Term Deferred Charges	15.17	17.27	6.89	7.44	3.43	11.35
Other Long-Term Assets	17.25	5.72	53.52	6.52	-	6.96
Total Assets	640	583.11	386.68	386.17	483.62	538.9
Accounts Payable	113.02	139.68	57.37	33.4	64.93	84.44
Accrued Expenses	3.66	6.29	6.87	5.73	7.16	5.16
Short-Term Debt	70.18	21.45	-	49.07	115	114
Current Portion of Long-Term Debt	50.15	0.21	0.16	22.07	-	-
Current Portion of Leases	-	0.39	1.06	0.53	1	-
Current Income Taxes Payable	1.63	0.39	0.01	0.11	0.73	0.11
Current Unearned Revenue	19.78	11.29	5.36	2.12	7.92	9.73
Other Current Liabilities	2.46	2.99	3.61	7.54	3.49	3.26
Total Current Liabilities	260.87	182.7	74.43	120.56	200.22	216.7
Long-Term Debt	59.82	97.8	47.9	11.94	-	-
Long-Term Leases	2.54	1.76	2.17	-	0.35	-
Long-Term Unearned Revenue	16.97	9.83	2.41	2.63	3.53	2.23
Long-Term Deferred Tax Liabilities	1.4	0.65	1.02	0.28	-	-
Other Long-Term Liabilities	4.85	3.67	-	-	-	-
Total Liabilities	346.45	296.41	127.93	135.41	204.11	218.93
Common Stock	117	117	117	117	117	117
Additional Paid-In Capital	260.53	260.53	260.53	260.53	260.53	260.53
Retained Earnings	-95.16	-102.41	-134.48	-142.14	-115.16	-75.05
Total Common Equity	282.38	275.12	243.05	235.39	262.37	302.48
Minority Interest	11.18	11.58	15.7	15.37	17.14	17.49
Shareholders' Equity	293.55	286.7	258.75	250.76	279.52	319.97
Total Liabilities & Equity	640	583.1	386.68	386.17	483.62	538.9
Total Debt	182.69	121.6	51.28	83.6	116.36	114
Net Cash (Debt)	-126.77	-12.45	32.77	31.48	-17.94	-20.16
Net Cash Growth	-	-	4.09%	-	-	-
Net Cash Per Share	-1.07	-0.10	0.30	0.27	-0.15	-0.17
Filing Date Shares Outstanding	117	117	117	117	117	117
Total Common Shares Outstanding	117	117	117	117	117	117
Working Capital	-0.81	89.6	123.49	117.73	63.38	65.63
Book Value Per Share	2.41	2.35	2.08	2.01	2.24	2.59
Tangible Book Value	262.49	267.24	235.02	227.08	225.09	249.81
Tangible Book Value Per Share	2.24	2.28	2.01	1.94	1.92	2.14
Buildings	-	114.22	124.48	124.84	179.33	190.41
Machinery	-	111.84	66.18	65.45	103.49	88.02
Construction In Progress	-	130.33	5.7	0.01	1.67	5.05

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