JiangSu JiuWu Hi-Tech 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	323.8	433.04	318.36	248.24	196.02	86.12
Trading Asset Securities	130.74	10.05	-	40.25	70.32	160.84
Cash & Short-Term Investments	454.54	443.09	318.36	288.49	266.35	246.97
Cash Growth	32.92%	39.18%	10.35%	8.31%	7.85%	-14.48%
Accounts Receivable	606.37	641.03	687.68	735.46	717.21	592.29
Other Receivables	13.79	14.94	19.23	27.51	19.16	15.34
Receivables	620.16	655.97	706.91	762.97	737.19	607.99
Inventory	233.98	239.52	237.92	187.1	242.27	159.98
Other Current Assets	36.75	45.39	42.05	34.99	84.41	64.29
Total Current Assets	1,345	1,384	1,305	1,274	1,330	1,079
Property, Plant & Equipment	335.11	343.71	366.93	387.38	309.75	243.57
Long-Term Investments	172.64	169.36	160.64	141.69	97.1	126.82
Other Intangible Assets	44.59	45	45.52	47.52	49.58	49.33
Long-Term Deferred Tax Assets	42.21	41.09	37.72	29.75	24.03	18.49
Long-Term Deferred Charges	8.8	8.97	7.95	5.27	0.72	0.67
Other Long-Term Assets	3.9	3.58	5.05	7.87	12.27	4.72
Total Assets	1,953	1,996	1,929	1,893	1,824	1,523
Accounts Payable	267.64	311.72	347.22	349.71	344.42	264.19
Accrued Expenses	0.39	14.25	32.49	35.29	35.24	18.62
Short-Term Debt	41.03	32.02	40.07	70.05	-	-
Current Portion of Long-Term Debt	1.72	6.26	-	0.11	0.05	0.18
Current Income Taxes Payable	7.14	19.16	4.32	-	0.16	0.02
Current Unearned Revenue	160.59	157.07	130.84	139.92	145.24	76.1
Other Current Liabilities	61.59	59.17	61.22	9.82	7.18	4.19
Total Current Liabilities	540.09	599.65	616.15	604.91	532.29	363.3
Long-Term Debt	-	-	5.01	6.01	8.12	10.17
Long-Term Leases	10.95	11.27	11.98	7.64	7.28	-
Long-Term Unearned Revenue	31.99	33.24	35.14	37.49	56.15	59.67
Long-Term Deferred Tax Liabilities	12.91	13.41	15.03	16.82	15.06	9.54
Total Liabilities	595.94	657.57	683.3	672.86	618.9	442.68
Common Stock	125.04	125.04	125.02	122.64	122.64	119.52
Additional Paid-In Capital	569.57	567.12	545.9	521.6	521.6	425.02
Retained Earnings	694.5	678.67	627.51	597	560.23	535.36
Treasury Stock	-29.26	-29.26	-49.16	-17.05	-	-
Comprehensive Income & Other	-3.29	-3.66	-3.82	-4.31	-	-
Total Common Equity	1,357	1,338	1,245	1,220	1,204	1,080
Minority Interest	0.2	0.2	0.3	0.28	0.29	0.25
Shareholders' Equity	1,357	1,338	1,246	1,220	1,205	1,080
Total Liabilities & Equity	1,953	1,996	1,929	1,893	1,824	1,523
Total Debt	53.7	49.55	57.05	83.81	15.45	10.35
Net Cash (Debt)	400.84	393.53	261.31	204.68	250.89	236.61
Net Cash Growth	72.50%	50.60%	27.67%	-18.42%	6.04%	258.80%
Net Cash Per Share	3.25	3.20	2.13	1.67	2.05	2.13
Filing Date Shares Outstanding	122.51	122.13	113.68	122.08	122.64	122.64
Total Common Shares Outstanding	122.51	122.13	113.68	122.08	122.64	119.52
Working Capital	805.35	784.32	689.09	668.64	797.93	715.93
Book Value Per Share	11.07	10.96	10.96	9.99	9.82	9.04
Tangible Book Value	1,312	1,293	1,200	1,172	1,155	1,031
Tangible Book Value Per Share	10.71	10.59	10.56	9.60	9.42	8.62
Buildings	-	-	197.87	198.01	196.78	196.32
Machinery	-	-	281.89	271.53	192.91	133.56
Construction In Progress	-	-	47.25	46.89	22.61	0.84

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