Greenworks (Jiangsu) Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	3,710	2,653	2,716	456.66	616.94	383.13
Short-Term Investments	-	-	-	-	-	19.89
Trading Asset Securities	50.03	401.36	113.47	25.85	13	228.55
Cash & Short-Term Investments	3,760	3,055	2,829	482.5	629.94	631.57
Cash Growth	21.79%	7.97%	486.40%	-23.41%	-0.26%	128.14%
Accounts Receivable	1,145	1,718	1,321	1,221	1,059	827.17
Other Receivables	271.78	205.34	151.66	101.76	79.44	89.16
Receivables	1,417	1,923	1,473	1,323	1,139	916.33
Inventory	2,673	2,220	2,199	2,972	2,197	1,359
Prepaid Expenses	-	-	6.26	7.7	2.08	1.41
Other Current Assets	187.28	106.05	79.48	174.62	261.18	161.73
Total Current Assets	8,037	7,304	6,587	4,960	4,228	3,070
Property, Plant & Equipment	1,371	1,329	1,190	773.79	584.85	412.19
Other Intangible Assets	336.74	344.55	232.29	224.08	83.84	41.34
Long-Term Deferred Tax Assets	377.93	342.66	310.72	160.91	44.93	28.29
Long-Term Deferred Charges	51.85	53.82	113.23	63.86	57.84	29.21
Other Long-Term Assets	234.82	29.45	26.49	12.28	219.39	102.39
Total Assets	10,424	9,403	8,459	6,195	5,219	3,683
Accounts Payable	1,582	1,816	1,298	1,594	2,016	1,383
Accrued Expenses	63.65	364.94	359.58	178.5	269.45	146.4
Short-Term Debt	1,999	1,073	994.34	1,411	308.17	307.12
Current Portion of Long-Term Debt	460.53	564.24	235.45	507.85	138.27	121.55
Current Portion of Leases	-	57.08	38.49	32.35	32.15	1.23
Current Income Taxes Payable	21.64	12.65	5.93	4.9	0.74	3.58
Current Unearned Revenue	83.94	72.49	65.7	61.05	101.32	114.37
Other Current Liabilities	311.4	90.37	91.61	146.3	38.8	331.04
Total Current Liabilities	4,522	4,051	3,089	3,936	2,905	2,409
Long-Term Debt	1,222	779.1	649.5	598.04	749.87	214.02
Long-Term Leases	140.91	132.84	154.17	54.01	70.07	1.9
Long-Term Unearned Revenue	6.81	7.69	8.2	9.08	9.86	6.35
Long-Term Deferred Tax Liabilities	8.15	5.02	7.48	23.24	37.6	18.27
Other Long-Term Liabilities	64.07	51.16	51.81	98.15	91.01	64.69
Total Liabilities	5,964	5,027	3,960	4,719	3,864	2,714
Common Stock	482.46	490.29	489.26	364.62	364.62	364.62
Additional Paid-In Capital	4,076	4,158	4,155	707.57	700.35	693.22
Retained Earnings	-81.23	7.7	-80.19	424.12	158.25	-131.33
Treasury Stock	-	-87.9	-	-	-	-
Comprehensive Income & Other	-17.01	-191.19	-65.05	-20.56	132.46	43.12
Total Common Equity	4,460	4,377	4,499	1,476	1,356	969.63
Minority Interest	-0.53	-0.65	-0.04	-	-	-
Shareholders' Equity	4,459	4,376	4,499	1,476	1,356	969.63
Total Liabilities & Equity	10,424	9,403	8,459	6,195	5,219	3,683
Total Debt	3,823	2,606	2,072	2,603	1,299	645.83
Net Cash (Debt)	-62.51	448.48	757.46	-2,121	-668.58	-14.25
Net Cash Growth	-	-40.79%	-	-	-	-
Net Cash Per Share	-0.13	0.92	1.63	-5.66	-1.82	-0.05
Filing Date Shares Outstanding	482.46	483.65	489.26	364.62	364.62	364.62
Total Common Shares Outstanding	482.46	483.65	489.26	364.62	364.62	364.62
Working Capital	3,515	3,253	3,498	1,023	1,323	661.44
Book Value Per Share	9.24	9.05	9.20	4.05	3.72	2.66
Tangible Book Value	4,123	4,032	4,267	1,252	1,272	928.29
Tangible Book Value Per Share	8.55	8.34	8.72	3.43	3.49	2.55
Buildings	-	430.27	222.38	172.76	167.04	158.61
Machinery	-	1,237	988.3	773.08	625.73	512.07
Construction In Progress	-	93.04	269.75	131	9.47	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.