Shanghai YongLi Belting 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	681.92	1,061	951.93	1,087	1,044	1,025
Cash & Short-Term Investments	683.92	1,061	951.93	1,087	1,044	1,025
Cash Growth	-27.91%	11.45%	-12.44%	4.16%	1.81%	-9.56%
Accounts Receivable	549.31	576.91	603.85	600	538.67	507.1
Other Receivables	45.62	26.95	25.56	129.27	142.66	150.63
Receivables	594.94	603.85	629.41	729.27	681.33	657.72
Inventory	526.88	539.95	466.52	389.05	357.75	434.75
Prepaid Expenses	-	-	-	-	0.06	0.31
Other Current Assets	728.74	415.83	536.23	61	37.68	53.72
Total Current Assets	2,534	2,621	2,584	2,267	2,121	2,172
Property, Plant & Equipment	1,021	1,064	1,106	1,020	804.17	704.59
Long-Term Investments	94.08	328.73	269.94	563.61	531.32	130.29
Goodwill	157.59	161.79	160.9	159.8	155.79	144.98
Other Intangible Assets	112.66	114.8	111.06	111.58	96.86	100.86
Long-Term Deferred Tax Assets	12.53	12.88	11.35	10.06	9.61	9.04
Long-Term Deferred Charges	16.3	18.82	12.03	9.16	11.3	12.18
Other Long-Term Assets	265.68	26.91	22.3	82.39	19.81	149.02
Total Assets	4,215	4,348	4,278	4,223	3,749	3,423
Accounts Payable	251.38	280.69	245.17	233.46	237.31	261.83
Accrued Expenses	32.82	57.94	55.3	52.32	52.9	52.79
Short-Term Debt	165.4	193.62	346.32	311.44	326.39	291.66
Current Portion of Long-Term Debt	63.38	43.17	24.08	13.27	11.16	10.73
Current Portion of Leases	-	53.82	53.38	50.86	19.15	38.07
Current Income Taxes Payable	33.08	40.6	22.06	19.12	31.84	15.71
Current Unearned Revenue	78.47	72.25	35.66	47.55	48.14	72.7
Other Current Liabilities	65.31	71.41	66.61	70.23	104.94	85.58
Total Current Liabilities	689.83	813.5	848.58	798.25	831.84	829.07
Long-Term Debt	46.85	49.96	46.79	48.41	41.81	46.2
Long-Term Leases	57.24	70.3	112.55	191.23	81.94	46.29
Long-Term Unearned Revenue	4.37	4.7	5.37	5.77	8.59	14.68
Long-Term Deferred Tax Liabilities	37.19	38.09	34.56	41.22	45.16	45.06
Total Liabilities	835.48	976.54	1,048	1,085	1,009	981.3
Common Stock	813.21	813.21	813.21	816.21	816.21	816.21
Additional Paid-In Capital	1,224	1,224	1,224	1,232	1,230	1,231
Retained Earnings	1,230	1,189	1,071	949.59	573.35	328.56
Treasury Stock	-	-	-	-1.29	-	-
Comprehensive Income & Other	10.8	41.92	27.27	41.51	22.85	-32.52
Total Common Equity	3,278	3,268	3,135	3,038	2,643	2,344
Minority Interest	101.28	103.5	95	100.37	97.29	97.72
Shareholders' Equity	3,379	3,372	3,230	3,138	2,740	2,441
Total Liabilities & Equity	4,215	4,348	4,278	4,223	3,749	3,423
Total Debt	332.87	410.87	583.12	615.21	480.45	432.95
Net Cash (Debt)	351.05	650.07	368.82	472.01	563.32	592.25
Net Cash Growth	-18.86%	76.26%	-21.86%	-16.21%	-4.88%	-4.01%
Net Cash Per Share	0.43	0.80	0.45	0.58	0.69	0.73
Filing Date Shares Outstanding	813.21	813.21	813.21	814	816.21	816.21
Total Common Shares Outstanding	813.21	813.21	813.21	814	816.21	816.21
Working Capital	1,845	1,807	1,736	1,468	1,289	1,343
Book Value Per Share	4.03	4.02	3.86	3.73	3.24	2.87
Tangible Book Value	3,008	2,992	2,863	2,766	2,390	2,098
Tangible Book Value Per Share	3.70	3.68	3.52	3.40	2.93	2.57
Buildings	-	838.77	702.48	611.15	419.51	389.94
Machinery	-	1,113	1,052	964.67	932.37	872.98
Construction In Progress	-	9.36	129.94	66.94	161.22	66.38

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