Shenzhen Xunce 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	1,084	343.82	596.97	748.57
Short-Term Investments	12.68	41.6	73.91	27.2
Trading Asset Securities	126.74	187.49	170.97	147.76
Cash & Short-Term Investments	1,223	572.9	841.85	923.53
Cash Growth	113.52%	-31.95%	-8.85%	-
Accounts Receivable	671.88	251.73	266.3	76.65
Other Receivables	4.21	14.59	9.45	11.25
Receivables	686.76	273.87	283.3	94.62
Inventory	139.18	58.23	31.07	48.99
Restricted Cash	2.01	-	-	-
Other Current Assets	2.1	2.29	4.4	2.42
Total Current Assets	2,053	907.3	1,161	1,070
Property, Plant & Equipment	184.24	43.42	17.17	15.9
Long-Term Investments	503.3	457.4	444.11	351.26
Goodwill	388.53	388.53	388.53	388.53
Other Intangible Assets	26.85	22.66	28.47	34.47
Other Long-Term Assets	15.59	13.07	10	4.8
Total Assets	3,172	1,832	2,049	1,865
Accounts Payable	381.03	27.14	59.01	18.57
Accrued Expenses	90.98	41.26	65.46	64.39
Short-Term Debt	47.99	28.12	45.6	16.79
Current Portion of Leases	9.77	7.67	8.2	7.02
Current Income Taxes Payable	0	0.04	0.04	-
Current Unearned Revenue	62.01	27.96	71.37	89.93
Other Current Liabilities	139.46	32.86	27.73	46.21
Total Current Liabilities	731.23	165.04	277.41	242.9
Long-Term Leases	19.97	17.96	4.05	4.51
Long-Term Unearned Revenue	-	-	-	0.64
Total Liabilities	751.2	183	281.46	248.05
Common Stock	322.5	300	300	129.18
Additional Paid-In Capital	849	-	-	-
Retained Earnings	-213.91	-119.85	-35.84	-395.16
Comprehensive Income & Other	1,401	1,380	1,400	1,771
Total Common Equity	2,358	1,560	1,665	1,505
Minority Interest	62.45	89.06	102.89	111.02
Shareholders' Equity	2,421	1,649	1,767	1,616
Total Liabilities & Equity	3,172	1,832	2,049	1,865
Total Debt	77.72	53.76	57.86	28.32
Net Cash (Debt)	1,146	519.14	783.99	895.22
Net Cash Growth	120.66%	-33.78%	-12.42%	-
Net Cash Per Share	3.82	1.73	2.70	3.32
Filing Date Shares Outstanding	322.5	322.5	290.29	270.01
Total Common Shares Outstanding	322.5	300	290.29	270.01
Working Capital	1,322	742.26	883.21	826.66
Book Value Per Share	7.31	5.20	5.73	5.58
Tangible Book Value	1,943	1,149	1,248	1,082
Tangible Book Value Per Share	6.02	3.83	4.30	4.01
Machinery	159.12	12.64	8.32	5.61
Leasehold Improvements	19.82	19.33	4.22	3.42