Voicecomm 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	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	15.54	95.14	46.88	20.43	10.64
Trading Asset Securities	266.13	218.84	-	-	-
Cash & Short-Term Investments	281.67	313.98	46.88	20.43	10.64
Cash Growth	-10.29%	569.82%	129.40%	92.03%	-
Accounts Receivable	1,152	908.13	582.82	312.62	226.2
Other Receivables	11.72	14.38	14.08	25.56	10.4
Receivables	1,163	922.51	596.9	338.18	236.6
Inventory	37.82	40.5	6.19	95.27	112.48
Restricted Cash	3.06	-	-	-	-
Other Current Assets	205.54	252.87	241.1	140.71	101.51
Total Current Assets	1,691	1,530	891.07	594.6	461.22
Property, Plant & Equipment	186.57	131.2	111.26	75.22	12.68
Long-Term Investments	42.06	27.19	29.6	30.94	20.88
Goodwill	39.17	39.17	39.17	39.17	17.11
Other Intangible Assets	407.32	139.15	110.68	110.95	24.24
Long-Term Deferred Tax Assets	71.17	49.3	18.4	10.04	5.18
Other Long-Term Assets	533.53	479.45	179.96	34.36	72.91
Total Assets	2,971	2,395	1,380	895.27	614.22
Accounts Payable	210.05	53.44	14.4	3.31	6.64
Accrued Expenses	22.7	14.7	12.39	19.69	16.38
Short-Term Debt	-	-	-	-	5.35
Current Portion of Long-Term Debt	864.87	586.1	342	211.65	150.66
Current Portion of Leases	13.94	11.35	8.12	4.13	2.3
Current Income Taxes Payable	7.99	32.09	3.17	2.89	2.9
Current Unearned Revenue	84.29	67.63	97.42	31.13	26.73
Other Current Liabilities	41.92	15.9	869.51	564.41	283.82
Total Current Liabilities	1,246	781.21	1,347	837.2	494.78
Long-Term Debt	1.5	-	10	10	-
Long-Term Leases	4.41	10.61	10.68	8.59	6.61
Long-Term Unearned Revenue	0.3	1.02	2.04	0.87	1.05
Long-Term Deferred Tax Liabilities	1.39	1.72	2.83	3.97	2.02
Total Liabilities	1,253	794.56	1,373	860.63	504.46
Common Stock	35.52	35.52	31.06	28.29	25.67
Retained Earnings	-	-519.88	-31.21	2.55	89.7
Comprehensive Income & Other	1,655	2,056	-11.54	-10.9	-8.32
Total Common Equity	1,691	1,572	-11.68	19.94	107.06
Minority Interest	26.92	28.93	19.26	14.7	2.7
Shareholders' Equity	1,718	1,601	7.57	34.64	109.76
Total Liabilities & Equity	2,971	2,395	1,380	895.27	614.22
Total Debt	884.72	608.06	370.8	234.37	164.93
Net Cash (Debt)	-603.05	-294.07	-323.92	-213.93	-154.29
Net Cash Per Share	-16.98	-11.28	-18.82	-12.44	-8.97
Filing Date Shares Outstanding	35.52	35.52	31.06	17.2	17.2
Total Common Shares Outstanding	35.52	35.52	31.06	17.2	17.2
Working Capital	445.6	748.65	-455.94	-242.6	-33.55
Book Value Per Share	47.60	44.25	-0.38	1.16	6.22
Tangible Book Value	1,244	1,394	-161.53	-130.18	65.71
Tangible Book Value Per Share	35.03	39.23	-5.20	-7.57	3.82
Machinery	-	8.01	5.69	6.18	5.26
Construction In Progress	-	-	-	60.17	0.25
Leasehold Improvements	-	13.56	12.59	0.87	0.87
Order Backlog	-	666.23	500.85	382.48	297.88

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