Youzan Technology Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	783.28	1,080	888.82	925	885.46	710.68
Short-Term Investments	-	-	-	-	12.07	9.13
Cash & Short-Term Investments	783.28	1,080	888.82	925	897.53	719.81
Cash Growth	-16.66%	21.56%	-3.91%	3.06%	24.69%	-58.57%
Accounts Receivable	41.95	29.21	33.25	21.89	14.33	5.09
Other Receivables	-	-	-	-	58.26	54.22
Receivables	46.11	34.21	143.81	71.31	104.05	64.31
Inventory	1.09	0.91	0.65	0.67	1.25	0.92
Prepaid Expenses	200	218.21	236.27	212.32	36.38	125.11
Restricted Cash	2,429	2,818	3,132	2,377	3,601	3,615
Other Current Assets	117.93	114.61	97.62	300.57	311.7	378.41
Total Current Assets	3,578	4,266	4,499	3,887	4,952	4,904
Property, Plant & Equipment	23.75	17.69	18.98	18.78	32.48	210.58
Long-Term Investments	400.16	400.22	356.2	348.67	356.64	449.12
Goodwill	341.33	341.33	341.33	341.33	341.33	341.33
Other Intangible Assets	613.07	613.07	613.07	692.82	773.95	855.59
Long-Term Deferred Tax Assets	34.5	34.5	34.5	70.26	71.35	68.77
Long-Term Deferred Charges	47.82	47.6	47.91	35.48	34.5	33.55
Other Long-Term Assets	1.59	0.51	0.51	0.65	0.36	7.14
Total Assets	5,040	5,721	5,911	5,395	6,562	6,873

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Accounts Payable	47.45	39.04	9.82	3.9	2.71	3.07
Accrued Expenses	-	146.35	167.89	181.46	200.04	275.41
Short-Term Debt	-	-	-	-	480.99	-
Current Portion of Leases	19.58	20.95	20.39	16.36	20.51	48.28
Current Income Taxes Payable	4.74	6.61	3.86	2.08	4.21	0.99
Current Unearned Revenue	498.18	498.15	445.67	591.2	632.91	695.37
Other Current Liabilities	2,795	3,075	3,497	2,869	3,911	4,074
Total Current Liabilities	3,365	3,786	4,144	3,664	5,252	5,097
Long-Term Debt	89.73	352.11	338.73	470.44	-	-
Long-Term Leases	28.87	36.55	52.72	64.37	73.41	225.37
Long-Term Unearned Revenue	194.02	188.28	207.14	59.49	49.35	55.45
Long-Term Deferred Tax Liabilities	92.54	92.58	93	127.72	142.56	158.01
Total Liabilities	3,770	4,456	4,836	4,386	5,517	5,536

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Common Stock	286.94	286.94	286.94	286.94	154.48	145.04
Additional Paid-In Capital	186.02	215.49	8,292	8,195	6,420	6,098
Retained Earnings	3,095	3,042	-4,647	-4,495	-4,503	-4,203
Treasury Stock	-49.44	-25.62	-10.05	-0.01	-0.01	-0.01
Comprehensive Income & Other	-2,246	-2,251	-2,844	-2,966	-658.58	-694
Total Common Equity	1,272	1,267	1,077	1,021	1,413	1,346
Minority Interest	-2.38	-1.77	-1.67	-12.44	-368.18	-9.64
Shareholders' Equity	1,270	1,265	1,075	1,009	1,045	1,337
Total Liabilities & Equity	5,040	5,721	5,911	5,395	6,562	6,873

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Total Debt	138.18	409.61	411.83	551.17	574.91	273.65
Net Cash (Debt)	645.1	670.87	476.99	373.83	322.62	446.16
Net Cash Growth	21.43%	40.65%	27.60%	15.87%	-27.69%	-70.16%
Net Cash Per Share	0.42	0.43	0.29	0.40	0.36	0.52
Filing Date Shares Outstanding	1,613	1,626	1,649	1,649	921.08	863
Total Common Shares Outstanding	1,614	1,626	1,649	1,649	921.08	863
Working Capital	212.77	479.88	354.58	222.93	-300.2	-193.57
Book Value Per Share	0.79	0.78	0.65	0.62	1.53	1.56
Tangible Book Value	317.81	312.66	122.76	-12.82	298	149.55
Tangible Book Value Per Share	0.20	0.19	0.07	-0.01	0.32	0.17
Machinery	-	43.29	44.59	48.05	53.47	65.55
Leasehold Improvements	-	38.48	38.3	38.11	39.77	67.76