Newtechwood 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	260.46	298.47	132.47	95.1	53.59
Trading Asset Securities	19.53	19.44	4.25	4.03	3.56
Cash & Short-Term Investments	279.99	317.91	136.73	99.13	57.15
Cash Growth	-11.93%	132.51%	37.93%	73.46%	-56.45%
Accounts Receivable	186.33	181.76	145.09	104.97	133.99
Other Receivables	17.78	7.5	5.67	3.54	8.34
Receivables	204.11	189.26	150.76	108.52	142.33
Inventory	411.37	362.11	300.06	260.05	181.41
Other Current Assets	79.72	69.86	52.89	40.61	18.24
Total Current Assets	975.18	939.14	640.44	508.31	399.12
Property, Plant & Equipment	890.09	611.76	477.07	376.54	255.7
Long-Term Investments	35	25	-	-	-
Other Intangible Assets	68.72	70.36	21.88	22.23	6.08
Long-Term Deferred Tax Assets	27.85	15.78	7.21	3.89	2.14
Long-Term Deferred Charges	17.3	13.51	12.27	0.47	0.75
Other Long-Term Assets	29.86	36.43	12.4	27.93	25.39
Total Assets	2,044	1,712	1,171	939.38	689.18
Accounts Payable	107.5	139.73	120.64	116.95	81.47
Accrued Expenses	7.12	12.57	11.12	11.31	23.36
Short-Term Debt	498.56	398.73	336.56	246.28	128.78
Current Portion of Long-Term Debt	82.7	68.12	16.33	-	-
Current Portion of Leases	-	3.25	1.75	30.11	18.03
Current Income Taxes Payable	15.4	9.64	4.93	3.64	9.13
Current Unearned Revenue	2.89	3.11	5.94	3.38	3.04
Other Current Liabilities	6.77	1.95	7	0.36	4.9
Total Current Liabilities	720.96	637.1	504.27	412.04	268.7
Long-Term Debt	146.87	116.13	130.97	69.13	40.34
Long-Term Leases	136.44	4.56	0.94	1.6	5.18
Long-Term Unearned Revenue	63.59	22.9	0.35	0.43	0.52
Long-Term Deferred Tax Liabilities	-	0.01	-	0.01	-
Other Long-Term Liabilities	29.32	6.71	7.16	7.29	7.37
Total Liabilities	1,097	787.43	643.69	490.5	322.11
Common Stock	118.87	118.87	89.15	89.15	89.15
Additional Paid-In Capital	525.42	524.59	193.39	193.39	192.47
Retained Earnings	294.96	281.02	245.07	169.16	84.43
Comprehensive Income & Other	-3.26	0.08	-0.04	-2.82	1.01
Total Common Equity	935.99	924.56	527.58	448.88	367.06
Minority Interest	10.85	-	-	-	-
Shareholders' Equity	946.84	924.56	527.58	448.88	367.06
Total Liabilities & Equity	2,044	1,712	1,171	939.38	689.18
Total Debt	864.58	590.8	486.54	347.12	192.33
Net Cash (Debt)	-584.59	-272.89	-349.81	-248	-135.18
Net Cash Per Share	-4.97	-2.47	-3.92	-2.78	-1.56
Filing Date Shares Outstanding	154.07	118.87	89.15	89.15	86.56
Total Common Shares Outstanding	154.07	118.87	89.15	89.15	86.56
Working Capital	254.23	302.04	136.17	96.27	130.42
Book Value Per Share	6.07	7.78	5.92	5.04	4.24
Tangible Book Value	867.27	854.2	505.7	426.65	360.99
Tangible Book Value Per Share	5.63	7.19	5.67	4.79	4.17
Buildings	-	283.98	202.53	202.29	65.55
Machinery	-	378.03	351.82	272.46	201.69
Construction In Progress	-	158.54	100.46	40.83	100.82

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