Breton Technology 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	350.31	199.25	422.07	270.26
Short-Term Investments	32.52	5.41	10.59	0.08
Cash & Short-Term Investments	382.83	204.67	432.66	270.34
Cash Growth	87.05%	-52.70%	60.05%	-
Accounts Receivable	508.81	448.19	373.22	199.66
Other Receivables	53.69	29.62	20.98	13.97
Receivables	562.5	477.8	394.2	214.53
Inventory	247.42	328.93	295.49	338.37
Prepaid Expenses	10.18	2.21	2.11	0.25
Other Current Assets	111.79	6.03	7.01	4.7
Total Current Assets	1,315	1,020	1,131	828.18
Property, Plant & Equipment	624.85	271.86	183.4	29.04
Long-Term Investments	80.2	70.22	42.35	22.65
Other Intangible Assets	2.33	2.96	2.04	1.03
Long-Term Accounts Receivable	71.28	63.13	48.26	44.24
Other Long-Term Assets	153.85	10.53	14.31	2.67
Total Assets	2,247	1,438	1,422	927.82
Accounts Payable	375.35	280.53	196.98	94.38
Accrued Expenses	31.87	27.7	33.42	21.54
Short-Term Debt	244.54	50.02	-	118.38
Current Portion of Long-Term Debt	201.79	215.84	99.23	2.4
Current Portion of Leases	55.73	4.55	7.04	5.2
Current Income Taxes Payable	38.04	-	-	0.49
Current Unearned Revenue	4.29	5.64	18.52	19.98
Other Current Liabilities	244.61	80.8	71.98	43.82
Total Current Liabilities	1,196	665.08	427.18	306.19
Long-Term Debt	160.91	79.22	53.99	50.47
Long-Term Leases	77.22	8.5	15.44	14.48
Long-Term Deferred Tax Liabilities	5.9	3.25	2.9	2.74
Total Liabilities	1,440	756.06	499.52	373.88
Common Stock	389.65	366.65	366.65	326.48
Additional Paid-In Capital	-	892.32	892.32	364.85
Retained Earnings	-	-650.7	-376.15	-146.74
Comprehensive Income & Other	398.15	74	39.47	9.34
Total Common Equity	787.8	682.28	922.3	553.94
Minority Interest	19.18	-	-	-
Shareholders' Equity	806.99	682.28	922.3	553.94
Total Liabilities & Equity	2,247	1,438	1,422	927.82
Total Debt	740.19	358.14	175.71	190.93
Net Cash (Debt)	-357.37	-153.47	256.95	79.41
Net Cash Growth	-	-	223.59%	-
Net Cash Per Share	-0.97	-0.44	0.74	0.34
Filing Date Shares Outstanding	380.54	379.65	347.07	231.76
Total Common Shares Outstanding	380.54	366.65	347.07	231.76
Working Capital	118.5	354.55	704.28	521.99
Book Value Per Share	2.07	1.86	2.66	2.39
Tangible Book Value	785.47	679.32	920.26	552.9
Tangible Book Value Per Share	2.06	1.85	2.65	2.39
Buildings	27.23	64.76	-	-
Machinery	110.53	60.13	38.31	17.06
Construction In Progress	386.24	53.75	63.67	-
Leasehold Improvements	9.17	9.5	8.27	7.57
Order Backlog	-	209.4	-	-

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