Zhejiang ZUCH Technology 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	Dec '21 Dec 31, 2021
Cash & Equivalents	499.38	637.19	1,185	1,078	43.26
Trading Asset Securities	429.8	211.38	5.05	-	-
Cash & Short-Term Investments	929.17	848.57	1,190	1,078	43.26
Cash Growth	9.50%	-28.69%	10.43%	2391.41%	70.44%
Accounts Receivable	939.19	876.27	598.89	568.81	517.7
Other Receivables	15.9	10.3	17.7	3.54	2.55
Receivables	955.1	886.57	616.59	572.36	520.25
Inventory	298.52	301.72	206.92	165.12	196.88
Other Current Assets	8.94	6.24	6.29	14.43	2.89
Total Current Assets	2,192	2,043	2,020	1,830	763.27
Property, Plant & Equipment	545.52	326.1	212.37	212.5	160.26
Long-Term Investments	94.86	1.04	-	-	-
Other Intangible Assets	141.42	124.94	27.85	25.59	20.53
Long-Term Deferred Tax Assets	12.53	8.87	4.83	4.47	4.96
Long-Term Deferred Charges	0.06	0.42	0.38	0.69	0.44
Other Long-Term Assets	44.1	144.13	7	4.82	5.05
Total Assets	3,030	2,649	2,272	2,078	954.51
Accounts Payable	663.44	608.88	366.6	202.89	196.41
Accrued Expenses	43.07	42.63	29.64	37.47	27.48
Short-Term Debt	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	3.62	5.19	6.02	6.13	5.07
Other Current Liabilities	36.84	42.51	28.3	79.07	84.29
Total Current Liabilities	867.94	770	476.96	371.71	392.56
Long-Term Debt	164.14	1	-	-	-
Long-Term Leases	2.71	10.54	7.73	10	5.2
Long-Term Unearned Revenue	24.93	12.42	2.53	3.11	3.69
Long-Term Deferred Tax Liabilities	0.03	2.34	8.12	7.29	6.39
Total Liabilities	1,060	796.3	495.34	392.12	407.84
Common Stock	136.78	97.7	97.7	65.13	48.85
Additional Paid-In Capital	1,065	1,094	1,104	1,137	135.63
Retained Earnings	714.94	623.2	534.06	452.25	342.16
Treasury Stock	-	-7.44	-	-	-
Total Common Equity	1,917	1,807	1,736	1,654	526.63
Minority Interest	53.31	44.8	41.18	31.62	20.03
Shareholders' Equity	1,970	1,852	1,777	1,686	546.67
Total Liabilities & Equity	3,030	2,649	2,272	2,078	954.51
Total Debt	267.08	60.58	46.4	48.31	80.94
Net Cash (Debt)	662.09	787.98	1,144	1,029	-37.69
Net Cash Growth	-15.98%	-31.10%	11.10%	-	-
Net Cash Per Share	4.88	5.81	8.34	10.02	-0.37
Filing Date Shares Outstanding	136.78	135.4	136.78	136.78	102.59
Total Common Shares Outstanding	136.78	135.4	136.78	136.78	102.59
Working Capital	1,324	1,273	1,543	1,458	370.71
Book Value Per Share	14.02	13.35	12.69	12.09	5.13
Tangible Book Value	1,776	1,683	1,708	1,628	506.1
Tangible Book Value Per Share	12.98	12.43	12.49	11.90	4.93
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.