Wintao Communications 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	155.16	731.5	841.29	1,123	278.34
Trading Asset Securities	-	8	-	150	-
Cash & Short-Term Investments	155.16	739.5	841.29	1,273	278.34
Cash Growth	-79.02%	-12.10%	-33.89%	357.20%	-14.08%
Accounts Receivable	1,039	1,371	1,526	1,371	1,120
Other Receivables	18.62	21.15	16.54	1.23	1.22
Receivables	1,058	1,393	1,543	1,374	1,123
Inventory	709.86	401.79	34.37	31.44	24.72
Other Current Assets	43.8	54.83	21.28	29.31	21.3
Total Current Assets	1,967	2,589	2,439	2,707	1,447
Property, Plant & Equipment	948.16	766.93	340.69	45.18	47.85
Long-Term Investments	8.26	8.72	0.77	0.77	0.77
Goodwill	-	1.53	1.53	1.53	1.53
Other Intangible Assets	57.16	13.06	9.3	4.17	5.63
Long-Term Deferred Tax Assets	52.26	54.19	50.87	32.19	21.87
Long-Term Deferred Charges	1.15	1.25	1.35	0.62	0.76
Other Long-Term Assets	-	0.16	0.11	-	0.06
Total Assets	3,034	3,434	2,844	2,792	1,526
Accounts Payable	273.71	300.01	224.53	303.95	165.05
Accrued Expenses	63.07	307.22	385.39	432.13	478.43
Short-Term Debt	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	13.54	14.53	0.5	0.28	0.95
Other Current Liabilities	45.06	17.12	6.09	4.06	32.82
Total Current Liabilities	866.2	1,141	874.71	941.28	859.98
Long-Term Debt	161.83	144.62	-	-	1.8
Long-Term Leases	12.4	204.09	56.4	1.61	6.14
Long-Term Deferred Tax Liabilities	5.44	6.06	9.13	1.82	1.22
Other Long-Term Liabilities	44.32	-	-	-	-
Total Liabilities	1,090	1,495	940.24	944.71	869.15
Common Stock	121.58	121.58	121.58	121.58	91.18
Additional Paid-In Capital	1,244	1,244	1,244	1,244	208.72
Retained Earnings	578.81	574.23	538.8	482.17	356.82
Total Common Equity	1,944	1,939	1,904	1,847	656.72
Minority Interest	-0.19	-0.18	-0.06	-	-
Shareholders' Equity	1,944	1,939	1,904	1,847	656.72
Total Liabilities & Equity	3,034	3,434	2,844	2,792	1,526
Total Debt	571.01	850.42	305.56	187.01	178.1
Net Cash (Debt)	-415.84	-110.92	535.72	1,086	100.24
Net Cash Growth	-	-	-50.65%	982.96%	-56.17%
Net Cash Per Share	-3.29	-0.92	4.41	10.48	1.10
Filing Date Shares Outstanding	152.35	121.58	121.58	121.58	91.18
Total Common Shares Outstanding	152.35	121.58	121.58	121.58	91.18
Working Capital	1,101	1,448	1,565	1,766	587.43
Book Value Per Share	12.76	15.95	15.66	15.19	7.20
Tangible Book Value	1,887	1,925	1,893	1,842	649.57
Tangible Book Value Per Share	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	-