Quantgroup Holding 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	524.39	313.94	110.99	77.18
Short-Term Investments	-	5.71	3.03	3.33
Cash & Short-Term Investments	524.39	319.65	114.02	80.51
Cash Growth	64.05%	180.34%	41.62%	-
Accounts Receivable	978.57	638.42	443.25	258.23
Other Receivables	-	0.32	5.59	2.51
Receivables	978.57	638.74	448.85	260.74
Prepaid Expenses	7.4	12.61	7.06	2.66
Restricted Cash	1.41	-	-	3.04
Other Current Assets	46.47	7.92	17.16	11.6
Total Current Assets	1,558	978.91	587.09	358.55
Property, Plant & Equipment	13.31	17.56	22.94	7.1
Long-Term Investments	-	-	-	0.01
Other Intangible Assets	2.25	2.32	2.14	1.69
Long-Term Deferred Tax Assets	18.94	2.51	1.9	1
Other Long-Term Assets	-	-	-	33.76
Total Assets	1,593	1,001	614.07	402.12
Accounts Payable	82.96	62.29	31.89	30.43
Accrued Expenses	32.89	38.37	23.47	15.97
Short-Term Debt	-	-	15	-
Current Portion of Long-Term Debt	65.82	1,731	1,565	1,416
Current Portion of Leases	4.77	4.46	4.35	4.39
Current Income Taxes Payable	35.86	33.66	0.01	0.01
Current Unearned Revenue	52.53	5.01	39.64	18.88
Other Current Liabilities	-	15.37	6.46	6.08
Total Current Liabilities	274.82	1,890	1,686	1,491
Long-Term Debt	4.77	7.67	2.84	-
Long-Term Leases	8.12	12.49	18.26	0.14
Total Liabilities	287.71	1,910	1,707	1,492
Common Stock	0.36	0.35	0.35	0.35
Retained Earnings	-	178.58	31.45	27.81
Comprehensive Income & Other	1,305	-1,088	-1,125	-1,118
Shareholders' Equity	1,305	-908.92	-1,093	-1,089
Total Liabilities & Equity	1,593	1,001	614.07	402.12
Total Debt	83.48	1,756	1,606	1,420
Net Cash (Debt)	440.91	-1,436	-1,492	-1,340
Net Cash Per Share	1.67	-6.06	-6.29	-3.86
Filing Date Shares Outstanding	515.1	500	237.09	346.64
Total Common Shares Outstanding	515.1	500	237.09	346.64
Working Capital	1,283	-911.14	-1,099	-1,133
Book Value Per Share	2.53	-1.82	-4.61	-3.14
Tangible Book Value	1,303	-911.23	-1,095	-1,091
Tangible Book Value Per Share	2.53	-1.82	-4.62	-3.15
Machinery	-	9.46	9.42	9.45
Leasehold Improvements	-	0.18	0.18	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.