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	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	148.71	69.94	51.18	39.43	24.37
Cash & Short-Term Investments	148.71	69.94	51.18	39.43	24.37
Cash Growth	112.63%	36.64%	29.81%	61.79%	-35.72%
Accounts Receivable	41.01	31.71	28.61	24.92	28.95
Other Receivables	4.34	5.44	4.95	5.08	27.45
Receivables	47.59	39.38	35.8	32.24	58.41
Inventory	9.64	10.32	11.08	11.11	11.6
Prepaid Expenses	2.39	1.71	1.69	1.52	1.41
Other Current Assets	1.08	0.59	1.82	1.7	2.71
Total Current Assets	209.4	121.93	101.57	86	98.49
Property, Plant & Equipment	39.76	51.87	63.76	74.73	86.15
Long-Term Investments	6.79	6.72	20.9	74.83	125.06
Goodwill	125.22	125.22	125.22	125.22	125.22
Other Intangible Assets	1.32	2.09	2.91	3.9	4.78
Long-Term Deferred Tax Assets	0.98	0.98	2.11	5.05	-
Other Long-Term Assets	0.01	0.05	0.12	0.13	0.19
Total Assets	383.49	308.86	316.57	369.86	440.13
Accounts Payable	15.45	25.61	16.55	14.99	15.35
Short-Term Debt	-	-	-	2.6	6.19
Current Portion of Long-Term Debt	-	0.34	0.68	0.64	3.45
Current Portion of Leases	5.22	6.69	7.02	8.42	6.55
Current Income Taxes Payable	0.31	0.43	0.34	0.2	0.34
Current Unearned Revenue	2.1	2.35	2.33	3.08	3.27
Other Current Liabilities	3.69	3.49	4.27	5.08	2.75
Total Current Liabilities	26.76	38.91	31.18	35	37.89
Long-Term Debt	-	-	0.34	0.98	8.98
Long-Term Leases	7.25	10.95	17.5	22.63	28.45
Long-Term Deferred Tax Liabilities	0.2	0.35	0.52	0.72	0.93
Other Long-Term Liabilities	-	-	-	-	0
Total Liabilities	34.21	50.2	49.55	59.34	76.25
Common Stock	528.52	445.72	445.47	445.47	443.2
Retained Earnings	-132.22	-139.2	-131.2	-83.9	-16.23
Comprehensive Income & Other	-47.54	-47.87	-47.25	-51.05	-63.09
Total Common Equity	348.76	258.66	267.03	310.53	363.88
Minority Interest	0.52	0	-	-	-
Shareholders' Equity	349.27	258.66	267.03	310.53	363.88
Total Liabilities & Equity	383.49	308.86	316.57	369.86	440.13
Total Debt	12.46	17.98	25.54	35.27	53.62
Net Cash (Debt)	136.25	51.96	25.64	4.16	-29.25
Net Cash Growth	162.21%	102.66%	516.20%	-	-
Net Cash Per Share	0.25	0.10	0.05	0.01	-0.07
Filing Date Shares Outstanding	1,023	511.52	511.29	511.29	511.29
Total Common Shares Outstanding	1,023	511.52	511.29	511.29	508.85
Working Capital	182.64	83.03	70.39	51	60.6
Book Value Per Share	0.34	0.51	0.52	0.61	0.72
Tangible Book Value	222.21	131.35	138.9	181.41	233.89
Tangible Book Value Per Share	0.22	0.26	0.27	0.35	0.46
Machinery	55.95	57.85	61.6	65.1	63.55
Leasehold Improvements	34	34.39	33.97	32.6	31.01

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