Veken Technology Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	570.96	518.13	431.71	484.4	565.93	592.97
Trading Asset Securities	-	-	100.11	100.25	160.6	252.09
Cash & Short-Term Investments	570.96	518.13	531.83	584.65	726.53	845.06
Cash Growth	1.25%	-2.58%	-9.04%	-19.53%	-14.03%	61.98%
Accounts Receivable	342.22	377.47	449.07	556.17	729.89	775.38
Other Receivables	5.09	16.44	6.64	8.55	18.19	32.08
Receivables	347.32	393.9	455.71	564.72	748.08	807.47
Inventory	468.07	430.68	287.38	373.35	421.52	584.27
Prepaid Expenses	-	-	-	-	0.01	0
Other Current Assets	38.28	54.55	14.85	30.21	33.15	135.49
Total Current Assets	1,425	1,397	1,290	1,553	1,929	2,372
Property, Plant & Equipment	1,185	1,195	1,329	1,332	1,119	1,102
Long-Term Investments	51.42	51.42	69.01	117.69	160.27	225.14
Other Intangible Assets	73.31	74.4	78.07	81.13	77.62	80.3
Long-Term Deferred Tax Assets	31.13	31.31	35.44	40.95	38.94	45.88
Long-Term Deferred Charges	79.53	83.17	83.68	69.6	13.66	5.82
Other Long-Term Assets	63.58	36.04	34.86	44.55	154.78	201.53
Total Assets	2,908	2,869	2,919	3,239	3,494	4,033
Accounts Payable	975.32	815.07	729.24	962.61	895.25	942.51
Accrued Expenses	31.27	50.41	56.09	56.87	62.81	86.63
Short-Term Debt	105.08	105.07	116.1	121.62	305.2	390.46
Current Portion of Long-Term Debt	18.48	15.94	-	-	7.32	6.1
Current Portion of Leases	-	2.48	2.4	0.75	1.61	4.08
Current Income Taxes Payable	4.73	0.02	0.01	0.02	7.87	7.45
Current Unearned Revenue	26.41	17.01	6.85	8.31	13.72	11.03
Other Current Liabilities	15.52	95.78	124.13	157.34	130.88	379.29
Total Current Liabilities	1,177	1,102	1,035	1,308	1,425	1,828
Long-Term Debt	-	-	-	-	61.08	79.16
Long-Term Leases	-	1.27	3.75	0.31	10.74	33.33
Long-Term Unearned Revenue	115.19	119.02	134.56	141.17	94.84	103.66
Long-Term Deferred Tax Liabilities	2.65	2.82	3.61	3.66	4.97	3.87
Other Long-Term Liabilities	7.59	11.56	-	-	-	0.61
Total Liabilities	1,302	1,236	1,177	1,453	1,596	2,048
Common Stock	529.08	529.08	529.08	528.72	524.9	525.48
Additional Paid-In Capital	1,508	1,508	1,508	1,515	1,489	1,477
Retained Earnings	-400.61	-375.41	-258.83	-230.13	-109.83	-4.93
Comprehensive Income & Other	2.82	2.82	-16.33	-15.59	-14.27	-11.9
Total Common Equity	1,639	1,665	1,762	1,798	1,890	1,986
Minority Interest	-33.49	-32.11	-19.39	-11.41	7.41	-0.78
Shareholders' Equity	1,606	1,633	1,743	1,787	1,897	1,985
Total Liabilities & Equity	2,908	2,869	2,919	3,239	3,494	4,033
Total Debt	123.56	124.76	122.25	122.68	385.96	513.12
Net Cash (Debt)	447.4	393.36	409.58	461.97	340.57	331.93
Net Cash Growth	3.89%	-3.96%	-11.34%	35.64%	2.60%	-
Net Cash Per Share	0.83	0.73	0.71	0.88	0.65	0.74
Filing Date Shares Outstanding	529.35	529.08	529.08	528.72	524.9	525.48
Total Common Shares Outstanding	529.35	529.08	529.08	528.72	524.9	525.48
Working Capital	247.8	295.48	254.95	245.41	504.62	544.72
Book Value Per Share	3.10	3.15	3.33	3.40	3.60	3.78
Tangible Book Value	1,566	1,590	1,684	1,717	1,812	1,906
Tangible Book Value Per Share	2.96	3.01	3.18	3.25	3.45	3.63
Buildings	-	545.06	595.37	594.92	467.36	358.88
Machinery	-	1,188	1,123	994.89	811.53	502.98
Construction In Progress	-	112.05	124.02	138.43	94.54	440.46

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