Manycore Tech 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 2020	FY 2019
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	356.93	448.82	365.82	846.46	503.09
Short-Term Investments	-	65.1	158.03	33.12	16.55
Trading Asset Securities	35.55	0.13	73.05	-	-
Cash & Short-Term Investments	392.48	514.06	596.9	879.58	519.64
Cash Growth	-23.65%	-13.88%	-32.14%	69.27%	-
Accounts Receivable	0.39	0.96	-	-	-
Other Receivables	6.69	0.27	0.27	-	-
Receivables	7.08	1.24	0.27	-	-
Prepaid Expenses	1.6	1.9	1.42	6.85	8.36
Restricted Cash	1.11	0.43	0.43	1.24	1.47
Other Current Assets	17.33	16.36	13.89	9.96	7.61
Total Current Assets	419.6	533.98	612.89	897.63	537.08
Property, Plant & Equipment	48.16	49.58	65.58	42.11	35.89
Long-Term Investments	73.04	12.8	59.48	0.7	0.7
Goodwill	-	2.69	2.69	-	-
Other Intangible Assets	2.3	12.82	18.39	15.66	6.67
Other Long-Term Assets	7.71	4.33	7.05	3.5	2.05
Total Assets	550.8	616.2	766.08	959.59	582.39
Accounts Payable	7.26	3.82	5.48	10.56	8.99
Accrued Expenses	81.77	93.07	117.85	132.47	80.93
Current Portion of Leases	8.42	10.27	16.62	-	-
Current Income Taxes Payable	13.56	14.8	21.88	0.25	0.08
Current Unearned Revenue	455.1	461.33	441.32	270.86	217.53
Other Current Liabilities	4,106	3,757	3,296	10.43	9.18
Total Current Liabilities	4,672	4,340	3,900	424.57	316.71
Long-Term Leases	3.61	3.68	18.16	-	-
Long-Term Unearned Revenue	58.97	130.29	175.74	116.66	98.23
Other Long-Term Liabilities	0.11	0.18	0.58	1.56	2.06
Total Liabilities	4,735	4,474	4,094	542.79	417
Common Stock	0.09	0.09	0.09	0.07	0.07
Additional Paid-In Capital	3.26	3.26	3.26	-	-
Retained Earnings	-4,362	-3,934	-3,421	-1,196	-777.83
Treasury Stock	-0.02	-0.02	-0.02	-	-
Comprehensive Income & Other	175.03	72.94	89.49	12.11	30.82
Total Common Equity	-4,184	-3,858	-3,328	-1,184	-746.93
Shareholders' Equity	-4,184	-3,858	-3,328	416.8	165.39
Total Liabilities & Equity	550.8	616.2	766.08	959.59	582.39
Total Debt	12.03	13.95	34.77	-	-
Net Cash (Debt)	380.45	500.11	562.12	879.58	519.64
Net Cash Growth	-23.93%	-11.03%	-36.09%	69.27%	-
Net Cash Per Share	0.85	1.11	1.24	2.09	1.36
Filing Date Shares Outstanding	450.08	452.45	452.45	428.61	380.7
Total Common Shares Outstanding	450.08	452.45	452.45	428.61	380.7
Working Capital	-4,252	-3,806	-3,287	473.06	220.37
Book Value Per Share	-9.30	-8.53	-7.36	-2.76	-1.96
Tangible Book Value	-4,186	-3,874	-3,349	-1,200	-753.6
Tangible Book Value Per Share	-9.30	-8.56	-7.40	-2.80	-1.98
Machinery	114.99	146.33	133.47	91.19	67.6
Leasehold Improvements	12.86	11.87	19.26	10.92	6.83

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