Beijing Digital Telecom 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	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	1,681	3,310	717.27	224.13	91.23	71.41
Short-Term Investments	-	-	-	-	-	208.25
Trading Asset Securities	-	3	-	-	-	-
Cash & Short-Term Investments	1,681	3,313	717.27	224.13	91.23	279.67
Cash Growth	159.90%	361.86%	220.02%	145.69%	-67.38%	-75.15%
Accounts Receivable	2,582	2,662	2,742	2,921	3,324	3,047
Other Receivables	-	420.46	1,128	1,455	1,441	-
Receivables	2,582	3,082	3,870	4,376	4,765	3,047
Inventory	441.83	386.53	331.48	275.89	294.31	2,562
Other Current Assets	4,452	3,280	3,067	1,814	1,560	2,623
Total Current Assets	9,156	10,062	7,985	6,689	6,710	8,512
Property, Plant & Equipment	225.61	241.82	255.49	250.44	349.28	394.06
Long-Term Investments	94.17	90.78	89.84	122.48	311.5	317.49
Goodwill	-	-	-	-	-	50.52
Other Intangible Assets	1.85	1.86	1.39	2.41	3.56	7.06
Long-Term Deferred Tax Assets	-	-	-	-	-	64.32
Total Assets	9,478	10,396	8,332	7,064	7,375	9,345
Accounts Payable	324.17	927.1	413.07	338.08	905.76	1,145
Accrued Expenses	-	55.57	82.24	144.1	159.36	39.17
Short-Term Debt	7,926	4,691	3,966	5,236	3,908	2,764
Current Portion of Long-Term Debt	-	3,662	-	-	-	-
Current Portion of Leases	91.11	95.16	44.12	80.52	115.35	133.52
Current Income Taxes Payable	26.75	26.72	28	27.54	8.63	392.88
Current Unearned Revenue	-	253.5	361.67	97.96	136.39	70.11
Other Current Liabilities	1,000	416.32	3,222	530.97	1,183	145
Total Current Liabilities	9,368	10,127	8,117	6,455	6,417	4,689
Long-Term Debt	-	72.8	-	14.85	17.97	21.5
Long-Term Leases	91.03	103.61	170.66	133.9	182.62	186.94
Long-Term Deferred Tax Liabilities	0.84	0.84	0.33	0.61	1.7	-
Other Long-Term Liabilities	-	-	-	21.86	37.74	-
Total Liabilities	9,460	10,305	8,288	6,627	6,657	4,898
Common Stock	886.46	886.46	886.46	732.46	732.46	732.46
Retained Earnings	-2,987	-2,910	-1,536	-905.83	-630.25	2,940
Comprehensive Income & Other	703.57	703.52	720.02	601.93	602.87	612.62
Total Common Equity	-1,397	-1,320	70.61	428.57	705.08	4,285
Minority Interest	1,415	1,411	-26.63	9.35	12.91	162.45
Shareholders' Equity	17.89	91.26	43.98	437.91	718	4,448
Total Liabilities & Equity	9,478	10,396	8,332	7,064	7,375	9,345
Total Debt	8,108	8,625	4,180	5,465	4,224	3,106
Net Cash (Debt)	-6,427	-5,312	-3,463	-5,241	-4,133	-2,826
Net Cash Per Share	-7.25	-5.99	-4.63	-7.16	-5.64	-3.87
Filing Date Shares Outstanding	886.46	886.46	886.46	732.46	732.46	732.46
Total Common Shares Outstanding	886.46	886.46	886.46	732.46	732.46	732.46
Working Capital	-211.87	-65.94	-131.75	233.79	293.7	3,823
Book Value Per Share	-1.58	-1.49	0.08	0.59	0.96	5.85
Tangible Book Value	-1,398	-1,322	69.22	426.15	701.53	4,227
Tangible Book Value Per Share	-1.58	-1.49	0.08	0.58	0.96	5.77
Buildings	-	73.16	72.36	72.36	77.94	79.63
Machinery	-	108.26	100.76	99.14	97.28	97.24
Leasehold Improvements	-	558.65	542.91	531.88	519.98	507.43

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