Reconova Technologies 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	38.14	54.68	10.66
Short-Term Investments	4.93	5.88	5.28
Trading Asset Securities	1.13	0.97	0.81
Cash & Short-Term Investments	44.19	61.54	16.75
Cash Growth	-28.18%	267.39%	-
Accounts Receivable	591.09	310.5	176.3
Other Receivables	-4.02	-1.49	0.99
Receivables	587.07	316.98	177.29
Inventory	19.31	23.89	30.18
Other Current Assets	7.11	3.33	4.81
Total Current Assets	657.69	405.73	229.03
Property, Plant & Equipment	15.95	8.87	15.93
Other Intangible Assets	2.18	2.27	2.56
Long-Term Accounts Receivable	4.55	1	0.16
Other Long-Term Assets	1.49	0.94	1.23
Total Assets	681.85	418.8	256.82
Accounts Payable	319.14	166.12	64.25
Accrued Expenses	16.65	20.05	16.96
Short-Term Debt	30.88	20	3.2
Current Portion of Long-Term Debt	120.37	56.22	32.97
Current Portion of Leases	6.09	3.42	7.41
Current Income Taxes Payable	52.63	17.01	2.57
Current Unearned Revenue	5.19	3.74	6.77
Other Current Liabilities	13.23	6.18	5.23
Total Current Liabilities	564.16	292.74	139.35
Long-Term Debt	-	0.61	0.81
Long-Term Leases	6.93	1.04	1.16
Other Long-Term Liabilities	3.2	2.52	1.9
Total Liabilities	574.29	296.92	143.22
Common Stock	55.44	-	-
Additional Paid-In Capital	-	54.66	54.66
Retained Earnings	-133.26	-593.15	-602.87
Comprehensive Income & Other	193.12	667.19	667.19
Total Common Equity	115.3	128.7	118.98
Minority Interest	-7.74	-6.81	-5.38
Shareholders' Equity	107.56	121.89	113.6
Total Liabilities & Equity	681.85	418.8	256.82
Total Debt	164.26	81.29	45.55
Net Cash (Debt)	-120.07	-19.76	-28.8
Net Cash Per Share	-0.44	-0.07	-0.11
Filing Date Shares Outstanding	277.21	273.3	273.3
Total Common Shares Outstanding	277.21	273.3	273.3
Working Capital	93.52	112.99	89.68
Book Value Per Share	0.42	0.47	0.44
Tangible Book Value	113.12	126.43	116.42
Tangible Book Value Per Share	0.41	0.46	0.43
Machinery	16.09	16.61	15.78
Leasehold Improvements	6.43	6.17	6.17