Mobvoi 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	253.96	156.54	144.32	40.25	131.76	215.34
Short-Term Investments	33.38	125.73	51.15	53.99	5.18	6.74
Trading Asset Securities	-	65.32	34.84	124.12	7.71	-
Cash & Short-Term Investments	287.33	347.59	230.32	218.36	144.65	222.08
Cash Growth	-38.91%	50.92%	5.48%	50.96%	-34.87%	-
Accounts Receivable	44.79	48.29	57.98	40.02	57.46	28.99
Other Receivables	10.18	20.04	23.37	5.43	7.5	13.82
Receivables	54.98	68.33	81.35	45.46	64.96	42.8
Inventory	68.09	66.87	66.73	94.92	123.94	103.86
Prepaid Expenses	11.75	11.14	6.05	10.59	10.75	-
Other Current Assets	10.08	15.63	11.77	35.26	33.9	58.59
Total Current Assets	432.23	509.55	396.21	404.58	378.19	427.33
Property, Plant & Equipment	35.25	10.49	5.64	10.44	18.04	15.44
Long-Term Investments	-	-	-	-	77.02	97.6
Goodwill	-	-	-	-	130.66	164.45
Other Intangible Assets	5.68	5.2	5.29	4.47	2.54	3.12
Total Assets	473.16	525.25	407.14	419.49	606.46	707.94
Accounts Payable	20.23	33.66	24.55	17.69	29.54	24.62
Accrued Expenses	38.45	66.54	60.9	51.95	51.24	44.59
Short-Term Debt	40.97	20	-	20	20	31.75
Current Portion of Leases	4.26	4.54	3.15	6.83	6.34	9.98
Current Income Taxes Payable	-	0.01	0.98	1.34	1.78	0.07
Current Unearned Revenue	47.39	61.24	53.13	68.67	151.84	93.6
Other Current Liabilities	12.45	13.97	4,375	3,555	3,259	3,228
Total Current Liabilities	163.75	199.96	4,517	3,721	3,520	3,433
Long-Term Leases	2.28	4.66	0.31	2.74	9.57	2.76
Long-Term Unearned Revenue	-	16.33	19.74	-	-	-
Total Liabilities	171.94	220.95	4,537	3,724	3,530	3,435
Common Stock	0.51	0.5	0.14	0.14	0.14	0.14
Additional Paid-In Capital	-	936.8	-	-	-	-
Retained Earnings	-	-4,090	-3,369	-2,566	-1,896	-1,620
Comprehensive Income & Other	300.72	3,457	-761.83	-738.69	-1,027	-1,108
Shareholders' Equity	301.23	304.3	-4,130	-3,305	-2,923	-2,728
Total Liabilities & Equity	473.16	525.25	407.14	419.49	606.46	707.94
Total Debt	47.51	29.2	3.46	29.57	35.91	44.49
Net Cash (Debt)	239.83	318.39	226.86	188.78	108.74	177.59
Net Cash Growth	-45.39%	40.35%	20.17%	73.62%	-38.77%	-
Net Cash Per Share	0.16	0.26	0.36	0.26	-	-
Filing Date Shares Outstanding	1,536	1,521	626.46	736.7	-	-
Total Common Shares Outstanding	1,536	1,521	736.7	736.7	-	-
Working Capital	268.48	309.59	-4,121	-3,317	-3,142	-3,005
Book Value Per Share	0.20	0.20	-5.61	-4.49	-	-
Tangible Book Value	295.55	299.1	-4,136	-3,309	-3,056	-2,895
Tangible Book Value Per Share	0.19	0.20	-5.61	-4.49	-	-
Machinery	-	11.4	13.06	12.22	13.47	13.75
Leasehold Improvements	-	2.32	0.82	0.79	0.75	0.21

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