Beijing Airdoc Technology 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	599.18	683.23	941.07	1,268	1,785	374.7
Short-Term Investments	20.68	93.63	202.17	145.61	2.05	5.14
Cash & Short-Term Investments	619.86	776.86	1,143	1,414	1,787	379.84
Cash Growth	-31.86%	-32.05%	-19.14%	-20.87%	370.39%	111.77%
Accounts Receivable	46.42	46.48	79.64	63.88	34.04	19.55
Other Receivables	35.74	31.33	9.31	7.84	3.28	0.24
Receivables	82.16	77.81	88.95	71.72	37.32	19.79
Inventory	34.82	31.22	40.13	29.57	7.68	3.56
Other Current Assets	4.76	8.33	9.6	160.67	13.91	5.72
Total Current Assets	741.61	894.22	1,282	1,676	1,846	408.9
Property, Plant & Equipment	22.45	18.86	28.45	33.08	44.96	23.25
Long-Term Investments	425.75	317.61	148.41	20.32	3.61	3.61
Goodwill	83.97	83.97	127.21	0.97	-	-
Other Intangible Assets	79.67	84.74	93.93	5.86	-	-
Other Long-Term Assets	13.06	12.08	4.98	3.91	-	-
Total Assets	1,374	1,411	1,685	1,740	1,894	435.75
Accounts Payable	9.1	14	17.53	6.63	5.71	2.88
Accrued Expenses	45.95	61.05	55.02	27.58	27.38	9.09
Short-Term Debt	5	30	-	-	-	-
Current Portion of Leases	3.14	1.51	8.62	4.09	4.78	0.52
Current Income Taxes Payable	3.14	-	0.34	0.35	0.38	0.38
Current Unearned Revenue	11.8	11.92	23.73	18.2	17.73	9.29
Other Current Liabilities	3.03	3.91	5	7.82	14.8	2.74
Total Current Liabilities	81.15	122.39	110.24	64.67	70.77	24.9
Long-Term Leases	4.56	0.38	0.75	3.93	3.42	-
Long-Term Unearned Revenue	1.5	2.61	4.2	-	-	2.41
Long-Term Deferred Tax Liabilities	6.56	9.49	11.94	-	-	-
Total Liabilities	93.78	134.86	127.13	68.59	74.19	27.3
Common Stock	103.57	103.57	103.57	103.57	101.25	75
Additional Paid-In Capital	1,828	1,828	1,828	1,828	1,828	330.35
Retained Earnings	-735.23	-733.55	-478.09	-345.56	-165.56	-22.92
Treasury Stock	-18.93	-21.66	-10.44	-	-	-
Comprehensive Income & Other	92.45	92.49	97.39	80.15	56.33	25.79
Total Common Equity	1,270	1,269	1,540	1,666	1,820	408.21
Minority Interest	9.91	7.79	17.4	5.24	-	0.24
Shareholders' Equity	1,280	1,277	1,558	1,671	1,820	408.45
Total Liabilities & Equity	1,374	1,411	1,685	1,740	1,894	435.75
Total Debt	12.71	31.88	9.37	8.01	8.2	0.52
Net Cash (Debt)	607.16	744.98	1,134	1,406	1,779	379.32
Net Cash Growth	-32.95%	-34.30%	-19.35%	-20.95%	368.87%	112.09%
Net Cash Per Share	5.96	7.29	10.95	13.65	21.98	10.31
Filing Date Shares Outstanding	103.16	102.27	102.55	103.57	101.25	75
Total Common Shares Outstanding	103.16	102.27	102.55	103.57	101.25	75
Working Capital	660.46	771.83	1,172	1,611	1,775	384
Book Value Per Share	12.31	12.41	15.02	16.09	17.98	5.44
Tangible Book Value	1,106	1,100	1,319	1,659	1,820	408.21
Tangible Book Value Per Share	10.72	10.76	12.86	16.02	17.98	5.44
Machinery	-	44.46	39.81	51.77	53.7	31.08
Leasehold Improvements	-	6.38	5.37	4.21	2.01	0.31

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.