Zhejiang Xinchai Co.,Ltd 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	335.01	671.64	438.36	480.87	695.56	442.15
Trading Asset Securities	379.23	110	108.56	91.85	30	70
Cash & Short-Term Investments	714.23	781.64	546.92	572.72	725.56	512.15
Cash Growth	22.35%	42.92%	-4.50%	-21.07%	41.67%	-22.01%
Accounts Receivable	1,309	1,081	1,044	948.95	619.78	838.3
Other Receivables	1.92	0.53	1.39	0.2	0.31	0.23
Receivables	1,311	1,081	1,045	949.15	620.09	838.53
Inventory	456.92	482.01	454.67	510.06	389.12	444.29
Other Current Assets	4.74	3.85	6.08	6.64	5.29	3.42
Total Current Assets	2,487	2,349	2,053	2,039	1,740	1,798
Property, Plant & Equipment	407.85	414.23	466.26	512.42	556.05	574.33
Other Intangible Assets	56.53	57.46	62.1	66.58	69.79	92.37
Long-Term Deferred Tax Assets	16.48	21.78	28.7	30.96	25.94	16.18
Long-Term Deferred Charges	1.03	1.09	1.15	0.92	-	-
Other Long-Term Assets	3.27	4.22	0.6	1.67	7.28	4.17
Total Assets	2,972	2,848	2,611	2,651	2,399	2,485
Accounts Payable	1,491	1,364	1,233	1,312	1,102	1,102
Accrued Expenses	23.59	39.18	51.01	46.12	40.08	57.93
Short-Term Debt	55.58	78.59	61.21	30	-	158.88
Current Portion of Long-Term Debt	28.97	25.98	-	50.09	23.02	-
Current Portion of Leases	-	-	1.4	1.82	1.78	0.04
Current Income Taxes Payable	23.18	14.91	-	-	-	1.68
Current Unearned Revenue	17.52	17.24	15.04	26.95	26.49	25.34
Other Current Liabilities	5.9	7.99	32.64	32.53	1.83	4.9
Total Current Liabilities	1,646	1,548	1,394	1,500	1,195	1,351
Long-Term Debt	-	-	-	-	50.05	-
Long-Term Leases	5.77	-	-	1.4	1.84	-
Long-Term Unearned Revenue	30.61	32.04	36.53	38.88	37.7	34.61
Other Long-Term Liabilities	9.27	7.69	6.66	6.55	34.91	26.22
Total Liabilities	1,692	1,588	1,437	1,546	1,320	1,412
Common Stock	241.13	241.13	241.13	241.13	241.13	241.13
Additional Paid-In Capital	488.03	488.03	488.03	488.03	488.03	488.03
Retained Earnings	544.87	524.63	441.45	369.58	342.44	344.37
Comprehensive Income & Other	0.36	0.28	0.46	0.36	0.3	0.05
Total Common Equity	1,274	1,254	1,171	1,099	1,072	1,074
Minority Interest	5.74	5.99	3	5.54	7.35	-
Shareholders' Equity	1,280	1,260	1,174	1,105	1,079	1,074
Total Liabilities & Equity	2,972	2,848	2,611	2,651	2,399	2,485
Total Debt	90.32	104.57	62.61	83.31	76.69	158.92
Net Cash (Debt)	623.92	677.07	484.31	489.42	648.87	353.24
Net Cash Growth	25.89%	39.80%	-1.04%	-24.57%	83.69%	-30.28%
Net Cash Per Share	2.56	2.78	2.02	1.99	2.63	1.73
Filing Date Shares Outstanding	241.25	251.99	241.13	241.13	241.13	241.13
Total Common Shares Outstanding	241.25	251.99	241.13	241.13	241.13	241.13
Working Capital	840.63	801.02	658.45	538.92	544.7	447.37
Book Value Per Share	5.28	4.98	4.86	4.56	4.45	4.45
Tangible Book Value	1,218	1,197	1,109	1,033	1,002	981.22
Tangible Book Value Per Share	5.05	4.75	4.60	4.28	4.16	4.07
Buildings	-	-	312.73	312.56	312.56	305.24
Machinery	-	-	657.21	649.4	608.62	553.61
Construction In Progress	-	-	8.61	4.82	30.05	58.41

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