Dahon Tech (Shenzhen) 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	419.3	101.79	45.9	56.77
Cash & Short-Term Investments	419.3	101.79	45.9	56.77
Cash Growth	311.93%	121.79%	-19.16%	-
Accounts Receivable	12.34	18.68	22.16	33.44
Other Receivables	31.22	16.26	7.04	7.04
Receivables	43.56	34.94	29.2	40.49
Inventory	184.04	112.6	79.35	57.74
Other Current Assets	61.4	19.74	2.29	4.43
Total Current Assets	708.3	269.06	156.73	159.43
Property, Plant & Equipment	22.02	17.19	18.97	23.17
Other Intangible Assets	10.51	11.44	13.55	0.65
Long-Term Deferred Tax Assets	7.76	3.58	3.25	2.01
Other Long-Term Assets	0.26	0.19	0.35	0.5
Total Assets	748.84	301.47	192.84	185.75
Accounts Payable	106.03	82.05	27.51	36.67
Accrued Expenses	28.79	19.56	13.7	11.85
Short-Term Debt	1.64	-	-	-
Current Portion of Leases	6.66	4.48	3.21	3.73
Current Income Taxes Payable	5.02	1.75	2.5	4.2
Current Unearned Revenue	36.85	26.55	17.38	16.05
Other Current Liabilities	21.4	24.09	17.32	31.81
Total Current Liabilities	206.39	158.47	81.62	104.31
Long-Term Leases	7.86	11.8	14.05	17.25
Long-Term Unearned Revenue	3.98	5.44	7.51	9.39
Total Liabilities	218.23	175.71	103.18	130.94
Common Stock	32.79	23.75	23.37	13.84
Additional Paid-In Capital	402.18	49.01	46.36	-
Retained Earnings	96.72	64.21	28.11	44.81
Comprehensive Income & Other	-3.59	-11.22	-8.18	-3.84
Total Common Equity	528.1	125.75	89.66	54.81
Minority Interest	2.51	-	-	-
Shareholders' Equity	530.61	125.75	89.66	54.81
Total Liabilities & Equity	748.84	301.47	192.84	185.75
Total Debt	16.16	16.28	17.26	20.99
Net Cash (Debt)	403.14	85.51	28.64	35.79
Net Cash Growth	371.47%	198.55%	-19.97%	-
Net Cash Per Share	15.62	3.83	1.31	1.70
Filing Date Shares Outstanding	32.79	23.75	21.03	21.03
Total Common Shares Outstanding	32.79	23.75	21.03	21.03
Working Capital	501.9	110.6	75.11	55.12
Book Value Per Share	16.11	5.30	4.26	2.61
Tangible Book Value	517.59	114.31	76.11	54.16
Tangible Book Value Per Share	15.79	4.81	3.62	2.57
Machinery	13.99	6.89	5.91	4.51
Leasehold Improvements	3.69	2.84	2.72	2.72