Veken Technology 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	397.37	431.71	484.4	565.93	592.97	473.02
Trading Asset Securities	-	100.11	100.25	160.6	252.09	48.68
Cash & Short-Term Investments	397.37	531.83	584.65	726.53	845.06	521.7
Cash Growth	-33.88%	-9.04%	-19.53%	-14.03%	61.98%	23.52%
Accounts Receivable	431.88	449.07	556.17	729.89	775.38	836.34
Other Receivables	6.05	6.64	8.55	18.19	32.08	28.64
Receivables	437.93	455.71	564.72	748.08	807.47	864.98
Inventory	368.84	287.38	373.35	421.52	584.27	386.9
Prepaid Expenses	-	-	-	0.01	0	0.93
Other Current Assets	20.61	14.85	30.21	33.15	135.49	56.51
Total Current Assets	1,225	1,290	1,553	1,929	2,372	1,831
Property, Plant & Equipment	1,258	1,329	1,332	1,119	1,102	895.03
Long-Term Investments	68.98	69.01	117.69	160.27	225.14	240.86
Goodwill	-	-	-	-	-	5.18
Other Intangible Assets	75.46	78.07	81.13	77.62	80.3	90.8
Long-Term Deferred Tax Assets	35.27	35.44	40.95	38.94	45.88	55.22
Long-Term Deferred Charges	82.94	83.68	69.6	13.66	5.82	13.41
Other Long-Term Assets	30.51	34.86	44.55	154.78	201.53	39.8
Total Assets	2,776	2,919	3,239	3,494	4,033	3,171
Accounts Payable	814.25	729.24	962.61	895.25	942.51	864.94
Accrued Expenses	44.01	56.09	56.87	62.81	86.63	62.55
Short-Term Debt	80.06	116.1	121.62	305.2	390.46	510.61
Current Portion of Long-Term Debt	-	-	-	7.32	6.1	-
Current Portion of Leases	2.44	2.4	0.75	1.61	4.08	-
Current Income Taxes Payable	3.64	0.01	0.02	7.87	7.45	5.49
Current Unearned Revenue	11.38	6.85	8.31	13.72	11.03	15.03
Other Current Liabilities	12.3	124.13	157.34	130.88	379.29	139.74
Total Current Liabilities	968.09	1,035	1,308	1,425	1,828	1,598
Long-Term Debt	-	-	-	61.08	79.16	44.74
Long-Term Leases	1.25	3.75	0.31	10.74	33.33	0.11
Long-Term Unearned Revenue	122.89	134.56	141.17	94.84	103.66	94.63
Long-Term Deferred Tax Liabilities	3.44	3.61	3.66	4.97	3.87	6.1
Other Long-Term Liabilities	-	-	-	-	0.61	0.83
Total Liabilities	1,096	1,177	1,453	1,596	2,048	1,745
Common Stock	529.08	529.08	528.72	524.9	525.48	420.92
Additional Paid-In Capital	1,508	1,508	1,515	1,489	1,477	898.71
Retained Earnings	-337.51	-258.83	-230.13	-109.83	-4.93	119.79
Treasury Stock	-	-	-	-	-	-16.13
Comprehensive Income & Other	2.99	-16.33	-15.59	-14.27	-11.9	-0.22
Total Common Equity	1,703	1,762	1,798	1,890	1,986	1,423
Minority Interest	-22.3	-19.39	-11.41	7.41	-0.78	3.46
Shareholders' Equity	1,680	1,743	1,787	1,897	1,985	1,427
Total Liabilities & Equity	2,776	2,919	3,239	3,494	4,033	3,171
Total Debt	83.74	122.25	122.68	385.96	513.12	555.46
Net Cash (Debt)	313.62	409.58	461.97	340.57	331.93	-33.77
Net Cash Growth	-31.89%	-11.34%	35.64%	2.60%	-	-
Net Cash Per Share	0.55	0.71	0.88	0.65	0.74	-0.08
Filing Date Shares Outstanding	529.08	529.08	528.72	524.9	525.48	420.92
Total Common Shares Outstanding	529.08	529.08	528.72	524.9	525.48	420.92
Working Capital	256.66	254.95	245.41	504.62	544.72	232.66
Book Value Per Share	3.22	3.33	3.40	3.60	3.78	3.38
Tangible Book Value	1,627	1,684	1,717	1,812	1,906	1,327
Tangible Book Value Per Share	3.08	3.18	3.25	3.45	3.63	3.15
Buildings	-	595.37	594.92	467.36	358.88	178.03
Machinery	-	1,123	994.89	811.53	502.98	620.74
Construction In Progress	-	124.02	138.43	94.54	440.46	353.4

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