Ningbo Zhenyu Technology Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	-	1,026	1,384	789.41	380.46
Short-Term Investments	-	35	100	-	-
Trading Asset Securities	-	324.86	209	0	11
Cash & Short-Term Investments	1,275	1,385	1,693	789.41	391.46
Cash Growth	-7.97%	-18.18%	114.49%	101.66%	508.84%
Accounts Receivable	-	3,949	3,526	2,392	1,298
Other Receivables	-	18.52	21.52	17.04	6.23
Receivables	-	3,967	3,548	2,409	1,304
Inventory	-	990.16	846.45	916.49	621.99
Other Current Assets	-	228.02	290.18	447.62	237.66
Total Current Assets	-	6,571	6,378	4,563	2,556
Property, Plant & Equipment	-	4,245	3,887	2,677	1,361
Other Intangible Assets	-	271.59	244.36	241.98	101.54
Long-Term Deferred Tax Assets	-	147.22	130.5	102.38	19.7
Long-Term Deferred Charges	-	174.12	214.56	120.9	53.75
Other Long-Term Assets	-	16.94	70.06	101.93	110.12
Total Assets	-	11,426	10,924	7,807	4,202
Accounts Payable	-	2,890	3,464	2,366	1,458
Accrued Expenses	-	189.9	159.63	155.36	98.54
Short-Term Debt	-	1,614	1,093	1,615	721.18
Current Portion of Long-Term Debt	-	1,103	907.89	193.09	85.63
Current Portion of Leases	-	15.56	25.95	23.58	17.27
Current Income Taxes Payable	-	1.91	0.43	0.48	9.01
Current Unearned Revenue	-	49.41	44.17	29.76	27.45
Other Current Liabilities	-	73.43	81.06	22.09	9.23
Total Current Liabilities	-	5,938	5,776	4,405	2,426
Long-Term Debt	-	2,307	2,344	855.39	236.53
Long-Term Leases	-	10.31	24.03	28.17	13.93
Long-Term Unearned Revenue	-	159.22	125.86	60.08	38.3
Long-Term Deferred Tax Liabilities	-	17.6	20.05	25.55	-
Other Long-Term Liabilities	-	-	-	42.12	-
Total Liabilities	-	8,432	8,290	5,417	2,715
Common Stock	-	107.47	102.78	102.78	93.08
Additional Paid-In Capital	-	1,957	1,685	1,676	869.67
Retained Earnings	-	893.09	643.56	611.18	524.57
Treasury Stock	-	-119.54	-	-	-
Comprehensive Income & Other	-	155.29	202.6	-	-
Total Common Equity	4,277	2,993	2,634	2,390	1,487
Shareholders' Equity	4,281	2,993	2,634	2,390	1,487
Total Liabilities & Equity	-	11,426	10,924	7,807	4,202
Total Debt	4,176	5,051	4,395	2,715	1,075
Net Cash (Debt)	-2,900	-3,665	-2,702	-1,926	-683.06
Net Cash Per Share	-17.67	-18.76	-13.08	-14.47	-5.59
Filing Date Shares Outstanding	148.09	146.75	143.9	143.9	130.31
Total Common Shares Outstanding	148.09	146.75	143.9	143.9	130.31
Working Capital	-	633.11	601.32	157.09	129.71
Book Value Per Share	23.98	20.40	18.30	16.61	11.41
Tangible Book Value	4,009	2,722	2,389	2,148	1,386
Tangible Book Value Per Share	22.48	18.55	16.60	14.93	10.63
Buildings	-	1,611	1,251	225.6	202.49
Machinery	-	3,050	2,313	1,703	863.16
Construction In Progress	-	432.5	853.97	1,076	538.2

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