Deluxe Family 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	783.01	820.91	772.37	873.16	1,401	65.48
Cash & Short-Term Investments	783.01	820.91	772.37	873.16	1,401	65.48
Cash Growth	-2.93%	6.28%	-11.54%	-37.70%	2040.26%	-85.94%
Accounts Receivable	0.5	0.87	0.54	1.12	4.35	4.18
Other Receivables	30.99	27.81	28.74	31.06	9.29	29.65
Receivables	31.49	28.68	29.28	32.18	13.64	33.83
Inventory	2,377	2,389	2,332	1,809	1,845	1,773
Prepaid Expenses	-	198.51	200.82	184.82	224.65	237.22
Other Current Assets	268.61	74.49	130.54	270.94	94.39	129.27
Total Current Assets	3,460	3,511	3,465	3,170	3,580	2,239
Property, Plant & Equipment	22.6	23.24	26.07	29.72	54.03	58.12
Long-Term Investments	920.82	920.82	757.8	796.41	917.9	2,496
Other Intangible Assets	15.36	15.88	18	20.08	23.73	26.08
Long-Term Deferred Tax Assets	1.11	1.26	1.48	1.7	1.87	1.34
Long-Term Deferred Charges	9.21	10.02	13.25	15.94	18.98	23.68
Other Long-Term Assets	151.35	169.48	152.77	189.3	281.15	205.79
Total Assets	4,581	4,652	4,435	4,223	4,877	5,050
Accounts Payable	192.47	220.37	91.74	49.19	50.99	56.05
Accrued Expenses	0.41	154.42	128.31	402.41	774.87	843.86
Short-Term Debt	-	48.11	59.25	-	7.01	-
Current Portion of Long-Term Debt	105.68	105.38	6.47	-	295.71	276
Current Portion of Leases	-	0.5	0.48	0.45	0.43	0.41
Current Income Taxes Payable	150.23	3.93	3.93	3.93	3.93	3.77
Current Unearned Revenue	312.62	341.04	180.77	82.96	18.57	70.07
Other Current Liabilities	97.21	49.73	38.3	34.9	20.23	23.38
Total Current Liabilities	858.62	923.48	509.25	573.83	1,172	1,274
Long-Term Debt	197.99	197.99	263.75	-	-	64.13
Long-Term Leases	-	0.58	1.1	1.62	2.09	2.54
Long-Term Unearned Revenue	8.06	8.66	11.08	16.27	18.76	21.91
Long-Term Deferred Tax Liabilities	0.76	0.79	0.91	1.05	0.6	1.13
Other Long-Term Liabilities	0	0	-	-	-	-
Total Liabilities	1,065	1,132	786.08	592.77	1,193	1,363
Common Stock	1,602	1,602	1,602	1,602	1,602	1,602
Additional Paid-In Capital	1,139	1,139	1,139	1,139	1,139	1,137
Retained Earnings	1,456	1,461	1,535	1,576	1,519	1,450
Comprehensive Income & Other	-746.86	-746.86	-695.7	-671.65	-545.34	-479.02
Total Common Equity	3,451	3,456	3,581	3,645	3,715	3,710
Minority Interest	64.49	64.56	68.04	-15.21	-30.76	-23.53
Shareholders' Equity	3,515	3,521	3,649	3,630	3,684	3,686
Total Liabilities & Equity	4,581	4,652	4,435	4,223	4,877	5,050
Total Debt	303.67	352.56	331.05	2.07	305.24	343.09
Net Cash (Debt)	479.33	468.34	441.32	871.09	1,096	-277.61
Net Cash Growth	-10.80%	6.12%	-49.34%	-20.53%	-	-
Net Cash Per Share	0.30	0.29	0.28	0.54	0.68	-0.17
Filing Date Shares Outstanding	1,613	1,602	1,602	1,602	1,602	1,602
Total Common Shares Outstanding	1,613	1,602	1,602	1,602	1,602	1,602
Working Capital	2,602	2,588	2,956	2,596	2,408	965.58
Book Value Per Share	2.14	2.16	2.23	2.28	2.32	2.32
Tangible Book Value	3,436	3,440	3,563	3,625	3,691	3,684
Tangible Book Value Per Share	2.13	2.15	2.22	2.26	2.30	2.30
Buildings	-	26.74	26.74	26.74	53.64	54.64
Machinery	-	41.25	47.29	48.74	63.83	61.11

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