Mobvoi 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	139.12	156.54	144.32	40.25	131.76
Short-Term Investments	107.82	125.73	51.15	53.99	5.18
Trading Asset Securities	10	65.32	34.84	124.12	7.71
Cash & Short-Term Investments	256.94	347.59	230.32	218.36	144.65
Cash Growth	-26.08%	50.92%	5.48%	50.96%	-34.87%
Accounts Receivable	18.86	48.29	57.98	40.02	57.46
Other Receivables	-	20.04	23.37	5.43	7.5
Receivables	18.86	68.33	81.35	45.46	64.96
Inventory	35.34	66.87	66.73	94.92	123.94
Prepaid Expenses	-	11.14	6.05	10.59	10.75
Other Current Assets	17.49	15.63	11.77	35.26	33.9
Total Current Assets	328.62	509.55	396.21	404.58	378.19
Property, Plant & Equipment	34.71	10.49	5.64	10.44	18.04
Long-Term Investments	-	-	-	-	77.02
Goodwill	-	-	-	-	130.66
Other Intangible Assets	1.42	5.2	5.29	4.47	2.54
Total Assets	364.75	525.25	407.14	419.49	606.46
Accounts Payable	11	33.66	24.55	17.69	29.54
Accrued Expenses	-	66.54	60.9	51.95	51.24
Short-Term Debt	50.98	20	-	20	20
Current Portion of Leases	3.56	4.54	3.15	6.83	6.34
Current Income Taxes Payable	-	0.01	0.98	1.34	1.78
Current Unearned Revenue	34.15	61.24	53.13	68.67	151.84
Other Current Liabilities	28.27	13.97	4,375	3,555	3,259
Total Current Liabilities	127.96	199.96	4,517	3,721	3,520
Long-Term Leases	0.96	4.66	0.31	2.74	9.57
Long-Term Unearned Revenue	2.05	16.33	19.74	-	-
Total Liabilities	130.96	220.95	4,537	3,724	3,530
Common Stock	0.51	0.5	0.14	0.14	0.14
Additional Paid-In Capital	-	936.8	-	-	-
Retained Earnings	-	-4,090	-3,369	-2,566	-1,896
Comprehensive Income & Other	233.27	3,457	-761.83	-738.69	-1,027
Shareholders' Equity	233.78	304.3	-4,130	-3,305	-2,923
Total Liabilities & Equity	364.75	525.25	407.14	419.49	606.46
Total Debt	55.5	29.2	3.46	29.57	35.91
Net Cash (Debt)	201.44	318.39	226.86	188.78	108.74
Net Cash Growth	-36.73%	40.35%	20.17%	73.62%	-38.77%
Net Cash Per Share	0.12	0.26	0.36	0.26	-
Filing Date Shares Outstanding	1,906	1,521	626.46	736.7	-
Total Common Shares Outstanding	1,906	1,521	736.7	736.7	-
Working Capital	200.67	309.59	-4,121	-3,317	-3,142
Book Value Per Share	0.12	0.20	-5.61	-4.49	-
Tangible Book Value	232.37	299.1	-4,136	-3,309	-3,056
Tangible Book Value Per Share	0.12	0.20	-5.61	-4.49	-
Machinery	-	11.4	13.06	12.22	13.47
Leasehold Improvements	-	2.32	0.82	0.79	0.75

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