Jinlihua 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	68.18	39.7	100.82	66.83	115.08	96.3
Trading Asset Securities	-	3	8.34	17.22	-	2.12
Cash & Short-Term Investments	68.18	42.7	109.16	84.05	115.08	98.42
Cash Growth	-32.74%	-60.88%	29.87%	-26.96%	16.93%	4.88%
Accounts Receivable	66	69.04	78.75	50.16	52.46	80
Other Receivables	0.8	0.37	6.32	0.68	7.59	6.18
Receivables	66.8	69.41	85.07	50.84	60.04	86.18
Inventory	112.21	94.77	60.8	57.68	57.02	72.6
Other Current Assets	17.5	17.04	17.28	5.35	6.14	6.4
Total Current Assets	264.7	223.91	272.3	197.93	238.28	263.6
Property, Plant & Equipment	385.59	349.65	255.27	93.35	91.41	140.82
Long-Term Investments	15.8	16	24.12	25	32.91	33.1
Goodwill	-	-	-	-	-	15.28
Other Intangible Assets	20.3	20.52	7.88	8.03	8.31	22
Long-Term Deferred Tax Assets	12.55	12.55	0.54	1.97	1.29	5.38
Long-Term Deferred Charges	14.01	15.41	17.27	6.89	7.44	3.43
Other Long-Term Assets	57.48	49.78	5.72	53.52	6.52	-
Total Assets	770.42	687.82	583.11	386.68	386.17	483.62
Accounts Payable	104.94	115.21	139.68	57.37	33.4	64.93
Accrued Expenses	3.99	4.38	6.29	6.87	5.73	7.16
Short-Term Debt	140.88	98.09	21.45	-	49.07	115
Current Portion of Long-Term Debt	29.11	50.56	0.21	0.16	22.07	-
Current Portion of Leases	-	-	0.39	1.06	0.53	1
Current Income Taxes Payable	2.74	3.39	0.39	0.01	0.11	0.73
Current Unearned Revenue	15.92	17.12	11.29	5.36	2.12	7.92
Other Current Liabilities	2.66	2.29	2.99	3.61	7.54	3.49
Total Current Liabilities	300.24	291.04	182.7	74.43	120.56	200.22
Long-Term Debt	172.27	100.52	97.8	47.9	11.94	-
Long-Term Leases	2.19	2.61	1.76	2.17	-	0.35
Long-Term Unearned Revenue	15	15.15	9.83	2.41	2.63	3.53
Long-Term Deferred Tax Liabilities	1.18	1.24	0.65	1.02	0.28	-
Other Long-Term Liabilities	4.38	4.93	3.67	-	-	-
Total Liabilities	495.27	415.49	296.41	127.93	135.41	204.11
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	-104.71	-107.75	-102.41	-134.48	-142.14	-115.16
Total Common Equity	272.82	269.78	275.12	243.05	235.39	262.37
Minority Interest	2.33	2.55	11.58	15.7	15.37	17.14
Shareholders' Equity	275.15	272.33	286.7	258.75	250.76	279.52
Total Liabilities & Equity	770.42	687.82	583.1	386.68	386.17	483.62
Total Debt	344.46	251.78	121.6	51.28	83.6	116.36
Net Cash (Debt)	-276.28	-209.08	-12.45	32.77	31.48	-17.94
Net Cash Growth	-	-	-	4.09%	-	-
Net Cash Per Share	-2.59	-1.96	-0.10	0.30	0.27	-0.15
Filing Date Shares Outstanding	116.91	76.05	117	117	117	117
Total Common Shares Outstanding	116.91	76.05	117	117	117	117
Working Capital	-35.54	-67.13	89.6	123.49	117.73	63.38
Book Value Per Share	2.33	3.55	2.35	2.08	2.01	2.24
Tangible Book Value	252.52	249.27	267.24	235.02	227.08	225.09
Tangible Book Value Per Share	2.16	3.28	2.28	2.01	1.94	1.92
Buildings	-	-	114.22	124.48	124.84	179.33
Machinery	-	-	111.84	66.18	65.45	103.49
Construction In Progress	-	-	130.33	5.7	0.01	1.67

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