Ningbo Bird 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	Sep '25 Sep 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	281.53	477.73	573.79	562.15	383.53	292.92
Trading Asset Securities	452.36	284.9	253.83	182.79	190.49	201.88
Cash & Short-Term Investments	733.9	762.63	827.61	744.94	574.02	494.79
Cash Growth	-3.98%	-7.85%	11.10%	29.78%	16.01%	-6.55%
Accounts Receivable	134.39	123.74	79.05	138.33	183.85	240.52
Other Receivables	9.54	4.08	0.55	1.96	3.76	6.65
Receivables	143.93	127.82	79.6	140.29	187.62	247.17
Inventory	57.89	53.99	36.39	35.55	60.8	66.64
Other Current Assets	15.16	11.68	10.38	17.84	136.55	168.1
Total Current Assets	950.87	956.13	953.98	938.62	958.99	976.7
Property, Plant & Equipment	52.56	55.3	57.19	56.24	62.25	60.76
Long-Term Investments	51.57	51.32	65.15	71.22	67.13	55.04
Goodwill	12.37	12.37	-	-	-	-
Other Intangible Assets	13.74	14.86	9.91	10.31	10.94	11.43
Long-Term Deferred Charges	0.5	0.73	-	-	-	-
Other Long-Term Assets	101.71	107.5	114.98	124.83	133.88	147.43
Total Assets	1,183	1,198	1,201	1,201	1,233	1,251
Accounts Payable	111.27	117.14	88.25	97.92	145.03	228.07
Accrued Expenses	9.99	16.01	16.81	22.24	23.25	18.8
Short-Term Debt	-	3	0.79	1.5	15.02	23.02
Current Portion of Leases	1.03	1.76	0.9	-	-	-
Current Income Taxes Payable	3.4	-	1.07	4.13	1.44	1.79
Current Unearned Revenue	10.43	14.79	9.17	9.81	11.44	8.29
Other Current Liabilities	18.88	13.12	11.41	10.96	11.18	11.2
Total Current Liabilities	155.01	165.83	128.39	146.56	207.36	291.17
Long-Term Leases	0.09	1.09	1.83	-	-	-
Long-Term Unearned Revenue	3.55	3.78	4.86	5.75	4.92	5.34
Other Long-Term Liabilities	-	-	0.7	0.78	0.81	0.78
Total Liabilities	158.64	170.69	135.79	153.09	213.09	297.28
Common Stock	750	750	768	768	768	768
Additional Paid-In Capital	418.43	418.43	455.92	455.92	455.92	455.92
Retained Earnings	-207.2	-210.71	-215.83	-229.78	-248.01	-290.89
Comprehensive Income & Other	4.69	4.63	4.72	4.77	5.09	4.99
Total Common Equity	959.98	962.35	1,013	998.92	981.01	938.02
Minority Interest	64.71	65.18	52.62	49.21	39.1	16.06
Shareholders' Equity	1,025	1,028	1,065	1,048	1,020	954.08
Total Liabilities & Equity	1,183	1,198	1,201	1,201	1,233	1,251
Total Debt	1.11	5.85	3.52	1.5	15.02	23.02
Net Cash (Debt)	732.78	756.78	824.09	743.44	559	471.77
Net Cash Growth	-3.86%	-8.17%	10.85%	32.99%	18.49%	-10.90%
Net Cash Per Share	1.09	1.00	1.18	0.82	0.78	0.55
Filing Date Shares Outstanding	750	750	768	768	768	768
Total Common Shares Outstanding	750	750	768	768	768	768
Working Capital	795.86	790.3	825.59	792.05	751.63	685.53
Book Value Per Share	1.28	1.28	1.32	1.30	1.28	1.22
Tangible Book Value	933.86	935.11	1,003	988.61	970.07	926.59
Tangible Book Value Per Share	1.25	1.25	1.31	1.29	1.26	1.21
Buildings	-	108.85	108.85	107.49	107.49	106.87
Machinery	-	195.35	186.92	186.13	186.15	176.86
Construction In Progress	-	-	-	0.1	0.01	0.17

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