Aoxin Q & M Dental Group Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	66.84	69.94	51.18	39.43	24.37	37.91
Cash & Short-Term Investments	66.84	69.94	51.18	39.43	24.37	37.91
Cash Growth	15.69%	36.64%	29.81%	61.79%	-35.72%	40.64%
Accounts Receivable	42.07	31.71	28.61	24.92	28.95	20.3
Other Receivables	-	5.44	4.95	5.08	27.45	2.19
Receivables	42.07	39.38	35.8	32.24	58.41	24.5
Inventory	11.95	10.32	11.08	11.11	11.6	10.75
Prepaid Expenses	-	1.71	1.69	1.52	1.41	1.96
Other Current Assets	1.25	0.59	1.82	1.7	2.71	3.17
Total Current Assets	122.11	121.93	101.57	86	98.49	78.29
Property, Plant & Equipment	45.28	51.87	63.76	74.73	86.15	95.47
Long-Term Investments	7.29	6.72	20.9	74.83	125.06	-
Goodwill	125.22	125.22	125.22	125.22	125.22	125.22
Other Intangible Assets	1.72	2.09	2.91	3.9	4.78	5.32
Long-Term Deferred Tax Assets	0.98	0.98	2.11	5.05	-	0.01
Other Long-Term Assets	0.02	0.05	0.12	0.13	0.19	0.25
Total Assets	302.62	308.86	316.57	369.86	440.13	304.57
Accounts Payable	23.17	19.38	16.55	14.99	15.35	14.6
Short-Term Debt	-	-	-	2.6	6.19	-
Current Portion of Long-Term Debt	-	0.34	0.68	0.64	3.45	4.62
Current Portion of Leases	5.98	6.69	7.02	8.42	6.55	6.7
Current Income Taxes Payable	0.35	0.43	0.34	0.2	0.34	0.53
Current Unearned Revenue	-	2.35	2.33	3.08	3.27	2.27
Other Current Liabilities	-	3.49	4.27	5.08	2.75	5.82
Total Current Liabilities	29.5	32.67	31.18	35	37.89	34.54
Long-Term Debt	-	-	0.34	0.98	8.98	13.04
Long-Term Leases	9.08	10.95	17.5	22.63	28.45	32.52
Long-Term Deferred Tax Liabilities	0.28	0.35	0.52	0.72	0.93	1.13
Other Long-Term Liabilities	-	-	-	-	0	-
Total Liabilities	38.85	43.96	49.55	59.34	76.25	81.22
Common Stock	445.72	445.72	445.47	445.47	443.2	295.36
Retained Earnings	-136.46	-132.96	-131.2	-83.9	-16.23	-8.9
Comprehensive Income & Other	-45.5	-47.87	-47.25	-51.05	-63.09	-63.11
Total Common Equity	263.76	264.9	267.03	310.53	363.88	223.34
Minority Interest	0	0	-	-	-	0
Shareholders' Equity	263.76	264.9	267.03	310.53	363.88	223.35
Total Liabilities & Equity	302.62	308.86	316.57	369.86	440.13	304.57
Total Debt	15.06	17.98	25.54	35.27	53.62	56.87
Net Cash (Debt)	51.78	51.96	25.64	4.16	-29.25	-18.96
Net Cash Growth	48.61%	102.66%	516.20%	-	-	-
Net Cash Per Share	0.10	0.10	0.05	0.01	-0.07	-0.05
Filing Date Shares Outstanding	511.52	511.52	511.29	511.29	511.29	381.57
Total Common Shares Outstanding	511.52	511.52	511.29	511.29	508.85	381.58
Working Capital	92.61	89.26	70.39	51	60.6	43.75
Book Value Per Share	0.52	0.52	0.52	0.61	0.72	0.59
Tangible Book Value	136.82	137.59	138.9	181.41	233.89	92.8
Tangible Book Value Per Share	0.27	0.27	0.27	0.35	0.46	0.24
Machinery	-	57.85	61.6	65.1	63.55	59.79
Leasehold Improvements	-	34.39	33.97	32.6	31.01	28.72

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.