Ningbo Bird 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	466.2	477.73	573.79	562.15	383.53
Trading Asset Securities	257.67	284.9	253.83	182.79	190.49
Cash & Short-Term Investments	723.87	762.63	827.61	744.94	574.02
Cash Growth	-5.08%	-7.85%	11.10%	29.78%	16.01%
Accounts Receivable	154.97	123.74	79.05	138.33	183.85
Other Receivables	10.8	4.08	0.55	1.96	3.76
Receivables	165.76	127.82	79.6	140.29	187.62
Inventory	73.1	53.99	36.39	35.55	60.8
Other Current Assets	16.99	11.68	10.38	17.84	136.55
Total Current Assets	979.72	956.13	953.98	938.62	958.99
Property, Plant & Equipment	52.4	55.3	57.19	56.24	62.25
Long-Term Investments	53.76	51.32	65.15	71.22	67.13
Goodwill	12.37	12.37	-	-	-
Other Intangible Assets	13.37	14.86	9.91	10.31	10.94
Long-Term Deferred Charges	0.43	0.73	-	-	-
Other Long-Term Assets	100.85	107.5	114.98	124.83	133.88
Total Assets	1,213	1,198	1,201	1,201	1,233
Accounts Payable	127.37	117.14	88.25	97.92	145.03
Accrued Expenses	21.38	16.01	16.81	22.24	23.25
Short-Term Debt	-	3	0.79	1.5	15.02
Current Portion of Leases	0.86	1.76	0.9	-	-
Current Income Taxes Payable	0	-	1.07	4.13	1.44
Current Unearned Revenue	11.55	14.79	9.17	9.81	11.44
Other Current Liabilities	17.92	13.12	11.41	10.96	11.18
Total Current Liabilities	179.08	165.83	128.39	146.56	207.36
Long-Term Leases	-	1.09	1.83	-	-
Long-Term Unearned Revenue	3.4	3.78	4.86	5.75	4.92
Other Long-Term Liabilities	-	-	0.7	0.78	0.81
Total Liabilities	182.49	170.69	135.79	153.09	213.09
Common Stock	750	750	768	768	768
Additional Paid-In Capital	418.43	418.43	455.92	455.92	455.92
Retained Earnings	-205.46	-210.71	-215.83	-229.78	-248.01
Treasury Stock	-5.94	-	-	-	-
Comprehensive Income & Other	4.72	4.63	4.72	4.77	5.09
Total Common Equity	961.74	962.35	1,013	998.92	981.01
Minority Interest	68.68	65.18	52.62	49.21	39.1
Shareholders' Equity	1,030	1,028	1,065	1,048	1,020
Total Liabilities & Equity	1,213	1,198	1,201	1,201	1,233
Total Debt	0.86	5.85	3.52	1.5	15.02
Net Cash (Debt)	723.01	756.78	824.09	743.44	559
Net Cash Growth	-4.46%	-8.17%	10.85%	32.99%	18.49%
Net Cash Per Share	0.96	1.48	1.18	0.82	0.78
Filing Date Shares Outstanding	750	750	768	768	768
Total Common Shares Outstanding	750	750	768	768	768
Working Capital	800.64	790.3	825.59	792.05	751.63
Book Value Per Share	1.28	1.28	1.32	1.30	1.28
Tangible Book Value	936	935.11	1,003	988.61	970.07
Tangible Book Value Per Share	1.25	1.25	1.31	1.29	1.26
Buildings	108.85	108.85	108.85	107.49	107.49
Machinery	201.38	195.35	186.92	186.13	186.15
Construction In Progress	-	-	-	0.1	0.01

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.