Kinetic Development 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	81.59	629.94	734.14	551.87	2,387
Trading Asset Securities	208.19	334.41	220.59	190.9	269.38
Cash & Short-Term Investments	289.77	964.35	954.74	742.77	2,657
Cash Growth	-69.95%	1.01%	28.54%	-72.04%	97.73%
Accounts Receivable	181.02	6.53	6.74	5.23	4.77
Other Receivables	-23.5	17.31	40	74.45	131.8
Receivables	157.51	283.83	212.08	142.28	243.58
Inventory	2,531	1,716	115.27	110.21	63.44
Other Current Assets	538.51	304.19	875.1	616.95	255.37
Total Current Assets	3,517	3,269	2,157	1,612	3,219
Property, Plant & Equipment	3,836	3,618	2,572	1,833	1,273
Long-Term Investments	416.36	258.77	79.83	104.09	84.35
Goodwill	245.4	156.18	250.67	-	8.03
Other Intangible Assets	3,416	3,201	3,234	3,211	537.82
Long-Term Deferred Tax Assets	154.04	75.14	26.73	42.58	23.35
Long-Term Deferred Charges	-	6.77	6.93	-	-
Other Long-Term Assets	2,024	2,406	2,545	2,594	896.56
Total Assets	13,608	12,991	10,938	9,493	6,042
Accounts Payable	18.77	106.66	58.74	-	45.92
Accrued Expenses	248.41	185.23	168.88	264.3	192.04
Short-Term Debt	50	155.07	400	-	275.7
Current Portion of Long-Term Debt	67	380.65	633	300	-
Current Portion of Leases	27.1	20.36	1.9	15.9	-
Current Income Taxes Payable	529.17	456.41	402.09	784.33	667.46
Current Unearned Revenue	915.06	891.02	68.35	196.28	118.56
Other Current Liabilities	1,890	1,230	839.13	254.61	91.6
Total Current Liabilities	3,746	3,426	2,572	1,815	1,391
Long-Term Debt	755	342.6	269.8	583	-
Long-Term Leases	28.38	57.19	6.99	79.54	2.27
Long-Term Deferred Tax Liabilities	85.64	53.36	41.84	52.87	44.8
Other Long-Term Liabilities	780.99	836.96	627.01	645.03	31.83
Total Liabilities	5,396	4,716	3,518	3,176	1,470
Common Stock	54.29	54.29	54.29	54.29	54.29
Additional Paid-In Capital	-	483.91	483.91	483.91	483.91
Retained Earnings	-	7,527	6,645	5,650	3,885
Comprehensive Income & Other	8,104	163.29	184.23	140.76	153.1
Total Common Equity	8,159	8,228	7,368	6,329	4,576
Minority Interest	53.77	46.47	52.35	-12	-3.79
Shareholders' Equity	8,213	8,275	7,420	6,317	4,572
Total Liabilities & Equity	13,608	12,991	10,938	9,493	6,042
Total Debt	927.48	955.88	1,312	978.44	277.96
Net Cash (Debt)	-637.71	8.47	-356.95	-235.68	2,379
Net Cash Growth	-	-	-	-	109.92%
Net Cash Per Share	-0.08	0.00	-0.04	-0.03	0.28
Filing Date Shares Outstanding	8,430	8,430	8,430	8,430	8,430
Total Common Shares Outstanding	8,430	8,430	8,430	8,430	8,430
Working Capital	-229.3	-157.17	-414.89	-203.21	1,828
Book Value Per Share	0.97	0.98	0.87	0.75	0.54
Tangible Book Value	4,498	4,871	3,884	3,118	4,030
Tangible Book Value Per Share	0.53	0.58	0.46	0.37	0.48
Buildings	-	940.5	720.67	469.6	444.04
Machinery	-	1,377	1,161	995.53	979.4
Construction In Progress	-	1,243	963.86	566.12	62.96

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