Shanghai Vital Deeptech 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	1,596	2,988	3,049	2,744	2,796
Trading Asset Securities	46.17	693.71	680.88	1,333	1,447
Cash & Short-Term Investments	1,642	3,681	3,730	4,077	4,243
Cash Growth	-55.39%	-1.30%	-8.50%	-3.93%	42.87%
Accounts Receivable	566.78	123.87	162.39	69.38	85.54
Other Receivables	86.45	24.54	7.55	8.13	429.79
Receivables	653.23	148.41	169.95	77.51	515.33
Inventory	4,528	1,393	1,103	900.43	706.06
Prepaid Expenses	-	0.01	0.01	0.01	0.48
Other Current Assets	876.15	165.17	172.91	395.27	156.9
Total Current Assets	7,700	5,388	5,175	5,450	5,622
Property, Plant & Equipment	1,208	989.57	565.98	221.98	72.3
Long-Term Investments	2,053	2,892	3,354	3,072	2,589
Goodwill	214.12	214.12	214.12	214.12	214.12
Other Intangible Assets	87.45	97.29	110.24	124.59	122.25
Long-Term Deferred Tax Assets	280.15	205.19	282.23	255.95	132.56
Long-Term Deferred Charges	18.68	27.5	18.14	5.25	9.09
Other Long-Term Assets	261.42	182.93	865.66	418.02	405.79
Total Assets	11,823	9,997	10,586	9,762	9,167
Accounts Payable	993.68	269.35	300.12	173.99	163.87
Accrued Expenses	69.38	72.65	162.54	35.75	73.44
Short-Term Debt	1,275	119.88	352.18	217.43	84.58
Current Portion of Long-Term Debt	33.67	29.44	35.09	-	-
Current Portion of Leases	20.36	10.38	11.83	10.97	7.59
Current Income Taxes Payable	144	47.73	31.53	162.41	108.83
Current Unearned Revenue	129.36	148.38	79.53	190.11	618.14
Other Current Liabilities	55.47	46.66	36.14	37.81	34.28
Total Current Liabilities	2,721	744.48	1,009	828.47	1,091
Long-Term Debt	361.32	252.4	245.22	15	-
Long-Term Leases	15.21	14.24	24.48	15.9	8.29
Long-Term Unearned Revenue	145.62	85.51	140.59	127.93	109.39
Long-Term Deferred Tax Liabilities	36.36	142.97	308.8	269.74	206.64
Other Long-Term Liabilities	72.05	53.33	51.18	120.4	120.92
Total Liabilities	3,352	1,293	1,779	1,377	1,536
Common Stock	930.63	930.63	930.63	957.93	957.93
Additional Paid-In Capital	327.75	327.75	42.16	345.35	161.17
Retained Earnings	6,449	6,615	6,553	6,659	6,349
Treasury Stock	-250.06	-250.06	-	-303.21	-303.21
Comprehensive Income & Other	683.3	573.45	839.21	654.08	450.54
Total Common Equity	8,141	8,197	8,365	8,313	7,615
Minority Interest	330.07	506.74	441.51	71.71	15.6
Shareholders' Equity	8,471	8,704	8,807	8,385	7,631
Total Liabilities & Equity	11,823	9,997	10,586	9,762	9,167
Total Debt	1,706	426.34	668.8	259.3	100.46
Net Cash (Debt)	-63.66	3,255	3,061	3,817	4,143
Net Cash Growth	-	6.33%	-19.81%	-7.85%	40.03%
Net Cash Per Share	-0.07	3.55	3.29	4.10	4.55
Filing Date Shares Outstanding	911.07	911.07	930.63	930.63	930.63
Total Common Shares Outstanding	911.07	911.07	930.63	930.63	930.63
Working Capital	4,979	4,643	4,166	4,621	4,531
Book Value Per Share	8.94	9.00	8.99	8.93	8.18
Tangible Book Value	7,840	7,886	8,041	7,974	7,279
Tangible Book Value Per Share	8.60	8.66	8.64	8.57	7.82
Buildings	963.65	956.62	125.7	31.99	28.38
Machinery	229.52	74.32	48.73	41.25	39.96
Construction In Progress	81.96	-	389.31	150.2	10.32

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