Shanghai Vital Deeptech 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	1,437	1,596	2,988	3,049	2,744	2,796
Trading Asset Securities	17.95	46.17	693.71	680.88	1,333	1,447
Cash & Short-Term Investments	1,455	1,642	3,681	3,730	4,077	4,243
Cash Growth	-42.17%	-55.39%	-1.30%	-8.50%	-3.93%	42.87%
Accounts Receivable	716.02	566.78	123.87	162.39	69.38	85.54
Other Receivables	54.58	86.45	24.54	7.55	8.13	429.79
Receivables	770.59	653.23	148.41	169.95	77.51	515.33
Inventory	4,799	4,528	1,393	1,103	900.43	706.06
Prepaid Expenses	-	-	0.01	0.01	0.01	0.48
Other Current Assets	978.13	876.15	165.17	172.91	395.27	156.9
Total Current Assets	8,003	7,700	5,388	5,175	5,450	5,622
Property, Plant & Equipment	1,220	1,208	989.57	565.98	221.98	72.3
Long-Term Investments	2,053	2,053	2,892	3,354	3,072	2,589
Goodwill	214.12	214.12	214.12	214.12	214.12	214.12
Other Intangible Assets	89.74	87.45	97.29	110.24	124.59	122.25
Long-Term Deferred Tax Assets	304.83	280.15	205.19	282.23	255.95	132.56
Long-Term Deferred Charges	15.8	18.68	27.5	18.14	5.25	9.09
Other Long-Term Assets	356.43	261.42	182.93	865.66	418.02	405.79
Total Assets	12,256	11,823	9,997	10,586	9,762	9,167
Accounts Payable	1,086	993.68	269.35	300.12	173.99	163.87
Accrued Expenses	31.8	69.38	72.65	162.54	35.75	73.44
Short-Term Debt	1,366	1,275	119.88	352.18	217.43	84.58
Current Portion of Long-Term Debt	65.41	33.67	29.44	35.09	-	-
Current Portion of Leases	-	20.36	10.38	11.83	10.97	7.59
Current Income Taxes Payable	158.15	144	47.73	31.53	162.41	108.83
Current Unearned Revenue	130.59	129.36	148.38	79.53	190.11	618.14
Other Current Liabilities	355.4	55.47	46.66	36.14	37.81	34.28
Total Current Liabilities	3,193	2,721	744.48	1,009	828.47	1,091
Long-Term Debt	389.97	361.32	252.4	245.22	15	-
Long-Term Leases	7.1	15.21	14.24	24.48	15.9	8.29
Long-Term Unearned Revenue	144.02	145.62	85.51	140.59	127.93	109.39
Long-Term Deferred Tax Liabilities	29.71	36.36	142.97	308.8	269.74	206.64
Other Long-Term Liabilities	63.54	72.05	53.33	51.18	120.4	120.92
Total Liabilities	3,828	3,352	1,293	1,779	1,377	1,536
Common Stock	930.63	930.63	930.63	930.63	957.93	957.93
Additional Paid-In Capital	469.95	327.75	327.75	42.16	345.35	161.17
Retained Earnings	6,433	6,449	6,615	6,553	6,659	6,349
Treasury Stock	-201.89	-250.06	-250.06	-	-303.21	-303.21
Comprehensive Income & Other	499.94	683.3	573.45	839.21	654.08	450.54
Total Common Equity	8,131	8,141	8,197	8,365	8,313	7,615
Minority Interest	297.68	330.07	506.74	441.51	71.71	15.6
Shareholders' Equity	8,429	8,471	8,704	8,807	8,385	7,631
Total Liabilities & Equity	12,256	11,823	9,997	10,586	9,762	9,167
Total Debt	1,828	1,706	426.34	668.8	259.3	100.46
Net Cash (Debt)	-373.33	-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	-0.41	-0.07	3.55	3.29	4.10	4.55
Filing Date Shares Outstanding	908.71	911.07	911.07	930.63	930.63	930.63
Total Common Shares Outstanding	908.71	911.07	911.07	930.63	930.63	930.63
Working Capital	4,810	4,979	4,643	4,166	4,621	4,531
Book Value Per Share	8.95	8.94	9.00	8.99	8.93	8.18
Tangible Book Value	7,827	7,840	7,886	8,041	7,974	7,279
Tangible Book Value Per Share	8.61	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.