Wintao Communications 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	106.87	155.16	731.5	841.29	1,123	278.34
Trading Asset Securities	-	-	8	-	150	-
Cash & Short-Term Investments	106.87	155.16	739.5	841.29	1,273	278.34
Cash Growth	-78.84%	-79.02%	-12.10%	-33.89%	357.20%	-14.08%
Accounts Receivable	967.42	1,039	1,371	1,526	1,371	1,120
Other Receivables	15.38	18.62	21.15	16.54	1.23	1.22
Receivables	982.8	1,058	1,393	1,543	1,374	1,123
Inventory	731.26	709.86	401.79	34.37	31.44	24.72
Other Current Assets	42.96	43.8	54.83	21.28	29.31	21.3
Total Current Assets	1,864	1,967	2,589	2,439	2,707	1,447
Property, Plant & Equipment	932.02	948.16	766.93	340.69	45.18	47.85
Long-Term Investments	7.63	8.26	8.72	0.77	0.77	0.77
Goodwill	-	-	1.53	1.53	1.53	1.53
Other Intangible Assets	55.28	57.16	13.06	9.3	4.17	5.63
Long-Term Deferred Tax Assets	50.22	52.26	54.19	50.87	32.19	21.87
Long-Term Deferred Charges	1.13	1.15	1.25	1.35	0.62	0.76
Other Long-Term Assets	-	-	0.16	0.11	-	0.06
Total Assets	2,910	3,034	3,434	2,844	2,792	1,526
Accounts Payable	244.38	273.71	300.01	224.53	303.95	165.05
Accrued Expenses	107.1	63.07	307.22	385.39	432.13	478.43
Short-Term Debt	187.85	208.52	338.33	180.33	170.33	160.42
Current Portion of Long-Term Debt	-	188.25	11.3	-	1.8	4.33
Current Portion of Leases	-	-	152.07	68.84	13.27	5.41
Current Income Taxes Payable	-	74.05	0.01	9.03	15.45	12.58
Current Unearned Revenue	18.07	13.54	14.53	0.5	0.28	0.95
Other Current Liabilities	228.1	45.06	17.12	6.09	4.06	32.82
Total Current Liabilities	785.49	866.2	1,141	874.71	941.28	859.98
Long-Term Debt	133.79	161.83	144.62	-	-	1.8
Long-Term Leases	13.15	12.4	204.09	56.4	1.61	6.14
Long-Term Deferred Tax Liabilities	5.28	5.44	6.06	9.13	1.82	1.22
Other Long-Term Liabilities	27.71	44.32	-	-	-	-
Total Liabilities	965.41	1,090	1,495	940.24	944.71	869.15
Common Stock	121.58	121.58	121.58	121.58	121.58	91.18
Additional Paid-In Capital	1,244	1,244	1,244	1,244	1,244	208.72
Retained Earnings	579.85	578.81	574.23	538.8	482.17	356.82
Total Common Equity	1,945	1,944	1,939	1,904	1,847	656.72
Minority Interest	-0.19	-0.19	-0.18	-0.06	-	-
Shareholders' Equity	1,945	1,944	1,939	1,904	1,847	656.72
Total Liabilities & Equity	2,910	3,034	3,434	2,844	2,792	1,526
Total Debt	334.79	571.01	850.42	305.56	187.01	178.1
Net Cash (Debt)	-227.93	-415.84	-110.92	535.72	1,086	100.24
Net Cash Growth	-	-	-	-50.65%	982.96%	-56.17%
Net Cash Per Share	-1.96	-3.29	-0.92	4.41	10.48	1.10
Filing Date Shares Outstanding	78.75	152.35	121.58	121.58	121.58	91.18
Total Common Shares Outstanding	78.75	152.35	121.58	121.58	121.58	91.18
Working Capital	1,078	1,101	1,448	1,565	1,766	587.43
Book Value Per Share	24.70	12.76	15.95	15.66	15.19	7.20
Tangible Book Value	1,890	1,887	1,925	1,893	1,842	649.57
Tangible Book Value Per Share	24.00	12.38	15.83	15.57	15.15	7.12
Buildings	-	-	204.76	20.85	20.85	20.85
Machinery	-	-	481.24	119.26	95.1	80.35
Construction In Progress	-	-	144.86	236.47	0.1	-

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