Youzan 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	FY 2021
Period Ending	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	1,080	888.82	925	885.46	710.68
Short-Term Investments	-	-	-	12.07	9.13
Cash & Short-Term Investments	1,080	888.82	925	897.53	719.81
Cash Growth	21.56%	-3.91%	3.06%	24.69%	-58.57%
Accounts Receivable	29.21	33.25	21.89	14.33	5.09
Other Receivables	-	-	-	58.26	54.22
Receivables	34.21	143.81	71.31	104.05	64.31
Inventory	0.91	0.65	0.67	1.25	0.92
Prepaid Expenses	218.21	236.27	212.32	36.38	125.11
Restricted Cash	2,818	3,132	2,377	3,601	3,615
Other Current Assets	114.61	97.62	300.57	311.7	378.41
Total Current Assets	4,266	4,499	3,887	4,952	4,904
Property, Plant & Equipment	17.69	18.98	18.78	32.48	210.58
Long-Term Investments	400.22	356.2	348.67	356.64	449.12
Goodwill	341.33	341.33	341.33	341.33	341.33
Other Intangible Assets	613.07	613.07	692.82	773.95	855.59
Long-Term Deferred Tax Assets	34.5	34.5	70.26	71.35	68.77
Long-Term Deferred Charges	47.6	47.91	35.48	34.5	33.55
Other Long-Term Assets	0.51	0.51	0.65	0.36	7.14
Total Assets	5,721	5,911	5,395	6,562	6,873
Accounts Payable	40.28	10.58	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	20.95	20.39	16.36	20.51	48.28
Current Income Taxes Payable	6.61	3.86	2.08	4.21	0.99
Current Unearned Revenue	498.15	445.67	591.2	632.91	695.37
Other Current Liabilities	3,074	3,496	2,869	3,911	4,074
Total Current Liabilities	3,786	4,144	3,664	5,252	5,097
Long-Term Debt	352.11	338.73	470.44	-	-
Long-Term Leases	36.55	52.72	64.37	73.41	225.37
Long-Term Unearned Revenue	188.28	207.14	59.49	49.35	55.45
Long-Term Deferred Tax Liabilities	92.58	93	127.72	142.56	158.01
Total Liabilities	4,456	4,836	4,386	5,517	5,536
Common Stock	286.94	286.94	286.94	154.48	145.04
Additional Paid-In Capital	215.49	8,292	8,195	6,420	6,098
Retained Earnings	3,042	-4,627	-4,495	-4,503	-4,203
Treasury Stock	-25.62	-10.06	-0.01	-0.01	-0.01
Comprehensive Income & Other	-2,251	-2,865	-2,966	-658.58	-694
Total Common Equity	1,267	1,077	1,021	1,413	1,346
Minority Interest	-1.77	-1.67	-12.44	-368.18	-9.64
Shareholders' Equity	1,265	1,075	1,009	1,045	1,337
Total Liabilities & Equity	5,721	5,911	5,395	6,562	6,873
Total Debt	409.61	411.83	551.17	574.91	273.65
Net Cash (Debt)	670.87	476.99	373.83	322.62	446.16
Net Cash Growth	40.65%	27.60%	15.87%	-27.69%	-70.16%
Net Cash Per Share	0.02	0.01	0.02	0.02	0.03
Filing Date Shares Outstanding	30,913	32,978	32,978	18,422	17,260
Total Common Shares Outstanding	30,913	32,978	32,978	18,422	17,260
Working Capital	479.88	354.58	222.93	-300.2	-193.57
Book Value Per Share	0.04	0.03	0.03	0.08	0.08
Tangible Book Value	312.66	122.76	-12.82	298	149.55
Tangible Book Value Per Share	0.01	0.00	-0.00	0.02	0.01
Machinery	-	44.59	48.05	53.47	65.55
Leasehold Improvements	-	38.3	38.11	39.77	67.76

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