Zhejiang ZUCH Technology 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	Dec '21 Dec 31, 2021
Cash & Equivalents	434.68	499.38	637.19	1,185	1,078	43.26
Trading Asset Securities	462.18	429.8	211.38	5.05	-	-
Cash & Short-Term Investments	896.85	929.17	848.57	1,190	1,078	43.26
Cash Growth	23.98%	9.50%	-28.69%	10.43%	2391.41%	70.44%
Accounts Receivable	1,109	939.19	876.27	598.89	568.81	517.7
Other Receivables	16.99	15.9	10.3	17.7	3.54	2.55
Receivables	1,126	955.1	886.57	616.59	572.36	520.25
Inventory	365.57	298.52	301.72	206.92	165.12	196.88
Other Current Assets	14.77	8.94	6.24	6.29	14.43	2.89
Total Current Assets	2,403	2,192	2,043	2,020	1,830	763.27
Property, Plant & Equipment	614.64	545.52	326.1	212.37	212.5	160.26
Long-Term Investments	44.08	94.86	1.04	-	-	-
Other Intangible Assets	141.78	141.42	124.94	27.85	25.59	20.53
Long-Term Deferred Tax Assets	9.08	12.53	8.87	4.83	4.47	4.96
Long-Term Deferred Charges	1.49	0.06	0.42	0.38	0.69	0.44
Other Long-Term Assets	4.8	44.1	144.13	7	4.82	5.05
Total Assets	3,269	3,030	2,649	2,272	2,078	954.51
Accounts Payable	750.61	663.44	608.88	366.6	202.89	196.41
Accrued Expenses	53.05	43.07	42.63	29.64	37.47	27.48
Short-Term Debt	114.42	90.43	44.18	34.67	33.25	75.74
Current Portion of Long-Term Debt	-	5.55	-	-	-	-
Current Portion of Leases	-	4.26	4.86	3.99	5.05	-
Current Income Taxes Payable	-	20.73	21.74	7.73	7.85	3.57
Current Unearned Revenue	5.78	3.62	5.19	6.02	6.13	5.07
Other Current Liabilities	56.92	36.84	42.51	28.3	79.07	84.29
Total Current Liabilities	980.78	867.94	770	476.96	371.71	392.56
Long-Term Debt	214.57	164.14	1	-	-	-
Long-Term Leases	0.98	2.71	10.54	7.73	10	5.2
Long-Term Unearned Revenue	24.56	24.93	12.42	2.53	3.11	3.69
Long-Term Deferred Tax Liabilities	0.15	0.03	2.34	8.12	7.29	6.39
Total Liabilities	1,221	1,060	796.3	495.34	392.12	407.84
Common Stock	136.78	136.78	97.7	97.7	65.13	48.85
Additional Paid-In Capital	1,068	1,065	1,094	1,104	1,137	135.63
Retained Earnings	771.33	714.94	623.2	534.06	452.25	342.16
Treasury Stock	-	-	-7.44	-	-	-
Total Common Equity	1,976	1,917	1,807	1,736	1,654	526.63
Minority Interest	71.51	53.31	44.8	41.18	31.62	20.03
Shareholders' Equity	2,048	1,970	1,852	1,777	1,686	546.67
Total Liabilities & Equity	3,269	3,030	2,649	2,272	2,078	954.51
Total Debt	329.97	267.08	60.58	46.4	48.31	80.94
Net Cash (Debt)	566.89	662.09	787.98	1,144	1,029	-37.69
Net Cash Growth	-8.77%	-15.98%	-31.10%	11.10%	-	-
Net Cash Per Share	2.99	3.49	4.15	5.96	7.16	-0.26
Filing Date Shares Outstanding	187.98	191.49	189.56	191.49	191.49	143.62
Total Common Shares Outstanding	187.98	191.49	189.56	191.49	191.49	143.62
Working Capital	1,422	1,324	1,273	1,543	1,458	370.71
Book Value Per Share	10.51	10.01	9.54	9.06	8.64	3.67
Tangible Book Value	1,785	1,776	1,683	1,708	1,628	506.1
Tangible Book Value Per Share	9.49	9.27	8.88	8.92	8.50	3.52
Buildings	-	109.75	108.23	81.01	80.01	74.38
Machinery	-	276.76	246.99	214.54	179.33	152.26
Construction In Progress	-	314.19	89.17	14.82	27.27	0.46

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