Ugreen Group 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,394	1,143	992.31	876.18	548.64
Short-Term Investments	50.8	50.23	-	-	-
Trading Asset Securities	380.52	691.31	-	-	6
Cash & Short-Term Investments	1,825	1,884	992.31	876.18	554.64
Cash Growth	-3.15%	89.89%	13.26%	57.97%	70.92%
Accounts Receivable	346.84	99.65	137.34	62.41	30.74
Other Receivables	22.07	5.46	4.89	9.05	2.98
Receivables	368.91	105.11	142.22	71.47	33.72
Inventory	2,001	1,235	995.85	739.38	726.16
Other Current Assets	449.62	129.58	120.71	92.1	96.95
Total Current Assets	4,644	3,354	2,251	1,779	1,411
Property, Plant & Equipment	175.16	141.2	146.22	167.44	101.32
Long-Term Investments	16.01	333.45	-	-	-
Other Intangible Assets	11.18	8.87	5.46	3.4	2.98
Long-Term Accounts Receivable	1.09	0.6	0.3	-	-
Long-Term Deferred Tax Assets	52.24	35.57	26.25	52.53	30.69
Long-Term Deferred Charges	25.25	20.28	19.22	29.3	16.09
Other Long-Term Assets	4.07	1.36	4.61	2.14	2.13
Total Assets	4,929	3,895	2,453	2,034	1,565
Accounts Payable	805.58	554.09	355.79	298.41	245.21
Accrued Expenses	324.88	161.91	111.08	100.58	85.21
Current Portion of Leases	40.5	22.7	31.89	32.91	23.54
Current Income Taxes Payable	46.27	22.92	21.18	18.16	28.89
Current Unearned Revenue	95.07	61.96	33.97	50.52	42.23
Other Current Liabilities	77.42	38.38	18.37	14.19	10.66
Total Current Liabilities	1,390	861.95	572.28	514.78	435.74
Long-Term Leases	106.72	95.54	95.18	116.83	61.69
Long-Term Deferred Tax Liabilities	-	-	-	32.11	14.81
Other Long-Term Liabilities	24.78	12.62	9.38	4.71	5.75
Total Liabilities	1,521	970.1	676.84	668.42	517.99
Common Stock	414.91	414.91	373.41	373.41	373.41
Additional Paid-In Capital	1,100	1,072	301.05	282.12	231.89
Retained Earnings	1,866	1,410	1,072	684.65	416.97
Comprehensive Income & Other	0.86	-	-	-	-
Total Common Equity	3,381	2,897	1,747	1,340	1,022
Minority Interest	26.75	27.89	29.69	25.32	24.42
Shareholders' Equity	3,408	2,925	1,776	1,365	1,047
Total Liabilities & Equity	4,929	3,895	2,453	2,034	1,565
Total Debt	147.21	118.24	127.07	149.74	85.22
Net Cash (Debt)	1,678	1,766	865.24	726.43	469.42
Net Cash Growth	-5.00%	104.11%	19.11%	54.75%	44.66%
Net Cash Per Share	4.04	4.52	2.32	1.95	1.30
Filing Date Shares Outstanding	414.91	414.91	373.41	372.08	373.41
Total Common Shares Outstanding	414.91	414.91	373.41	372.08	373.41
Working Capital	3,254	2,492	1,679	1,264	975.73
Book Value Per Share	8.15	6.98	4.68	3.60	2.74
Tangible Book Value	3,370	2,888	1,741	1,337	1,019
Tangible Book Value Per Share	8.12	6.96	4.66	3.59	2.73
Machinery	89.04	69.24	56.2	45.72	33.7
Construction In Progress	0.56	0.62	-	0.19	0.41

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.