Shanghai Biren 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	1,038	1,101	659.34	983.33
Short-Term Investments	453.58	553.81	536.35	565.77
Trading Asset Securities	1,313	96.45	1,233	974.86
Cash & Short-Term Investments	2,804	1,751	2,429	2,524
Cash Growth	60.14%	-27.92%	-3.76%	-
Accounts Receivable	525.35	86.67	44.1	0.1
Other Receivables	66.24	28.19	0.13	6.64
Receivables	591.6	114.86	44.24	6.74
Inventory	1,413	431.57	248.91	219.48
Restricted Cash	18.8	0.62	0.62	-
Other Current Assets	55.01	55.34	50.64	84.05
Total Current Assets	4,883	2,353	2,774	2,834
Property, Plant & Equipment	536.65	366.06	328.37	378.61
Long-Term Investments	60.44	97.05	94.74	42.58
Other Intangible Assets	176.46	84.4	65.54	197.52
Long-Term Accounts Receivable	74.95	75.64	69.33	43.54
Other Long-Term Assets	186.56	64.65	66.25	50.12
Total Assets	5,918	3,041	3,398	3,547
Accounts Payable	135.23	33.32	9.44	3.52
Accrued Expenses	176.76	108.24	132.01	130.17
Short-Term Debt	200.14	262.04	-	-
Current Portion of Leases	23.39	20.13	12.41	30.36
Current Unearned Revenue	72.92	0.55	34.52	0.19
Other Current Liabilities	421.76	1,129	1,037	160
Total Current Liabilities	1,030	1,553	1,226	324.24
Long-Term Debt	28,525	8,743	8,053	7,382
Long-Term Leases	12.93	20.59	5.58	12.66
Long-Term Unearned Revenue	181.76	144.01	64.55	90.82
Long-Term Deferred Tax Liabilities	-	-	0.09	0.19
Other Long-Term Liabilities	11.77	4.72	18.51	42.89
Total Liabilities	29,762	10,465	9,368	7,853
Common Stock	42.23	32.92	32.92	32.79
Retained Earnings	-23,011	-6,518	-4,980	-4,902
Treasury Stock	-9,303	-4,991	-4,991	-4,941
Comprehensive Income & Other	8,427	4,052	3,968	5,504
Shareholders' Equity	-23,844	-7,424	-5,970	-4,306
Total Liabilities & Equity	5,918	3,041	3,398	3,547
Total Debt	28,761	9,046	8,071	7,425
Net Cash (Debt)	-25,957	-7,295	-5,642	-4,901
Net Cash Per Share	-13.72	-4.43	-3.43	-3.01
Filing Date Shares Outstanding	2,068	1,646	1,644	1,630
Total Common Shares Outstanding	2,068	1,646	1,644	1,630
Working Capital	3,853	800.35	1,548	2,510
Book Value Per Share	-11.53	-4.51	-3.63	-2.64
Tangible Book Value	-24,020	-7,509	-6,035	-4,504
Tangible Book Value Per Share	-11.62	-4.56	-3.67	-2.76
Buildings	-	207.51	213.05	167.23
Machinery	-	231.97	149.7	192.22
Construction In Progress	-	0.16	0.02	0.33
Leasehold Improvements	-	143.02	118.34	107.28

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