China Security Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	788.47	736.84	762.96	741.67	1,141	507.44
Short-Term Investments	-	31.51	31.11	47.75	54.83	-
Cash & Short-Term Investments	788.47	768.36	794.07	789.42	1,196	507.44
Cash Growth	28.46%	-3.24%	0.59%	-33.98%	135.65%	0.43%
Accounts Receivable	1,281	1,415	1,450	1,438	1,409	1,666
Other Receivables	95.17	54.06	1.76	1.62	2.02	106.3
Receivables	1,376	1,469	1,451	1,439	1,412	1,772
Inventory	118.1	105.55	84.47	133.69	141.72	98.55
Prepaid Expenses	-	11	19.95	18.59	15.57	14.07
Other Current Assets	97.82	97.78	156.76	214.87	184.73	74.14
Total Current Assets	2,380	2,451	2,507	2,596	2,949	2,467
Property, Plant & Equipment	347.29	419.98	455.33	449.99	516	525.38
Long-Term Investments	44.56	44.56	49.6	56.62	51.73	51.87
Goodwill	246.45	256.11	317.66	313.41	309.91	448.47
Other Intangible Assets	41.12	55.7	61.32	67.83	73.44	76.85
Long-Term Accounts Receivable	-	45.41	35.81	69.93	57.45	83.23
Long-Term Deferred Tax Assets	103.72	134.74	136.65	145.28	143.91	116.63
Long-Term Deferred Charges	15.02	18.21	15.84	19.9	16.77	18.59
Other Long-Term Assets	247.52	210.84	201.86	216.24	195.65	234.98
Total Assets	3,426	3,637	3,781	3,935	4,314	4,023

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	693.13	806.75	864.35	795.57	833.24	670.2
Accrued Expenses	109.57	238.75	236.99	263.52	279.16	346.8
Short-Term Debt	68.43	97.95	27.69	0.45	8.79	422.56
Current Portion of Long-Term Debt	27.2	18.97	37.78	250.39	22.65	1,148
Current Portion of Leases	-	12.97	14.76	11.18	15.2	10.26
Current Income Taxes Payable	37.4	7.79	19.58	21.36	18.82	22.52
Current Unearned Revenue	41.64	58.9	49.23	48.68	102.58	73.33
Other Current Liabilities	370.41	608.51	638.2	882.76	1,195	1,950
Total Current Liabilities	1,348	1,851	1,889	2,274	2,476	4,643
Long-Term Debt	152.16	167.87	169.62	-	309.56	537.04
Long-Term Leases	7.63	17.09	20.37	18.01	22.46	17.89
Long-Term Unearned Revenue	0.01	0.09	0.24	0.39	0.54	0.7
Long-Term Deferred Tax Liabilities	37.4	40.51	38.68	47.33	43.74	44.5
Other Long-Term Liabilities	0.16	3.33	5.53	5.07	2.23	224.69
Total Liabilities	1,545	2,079	2,123	2,345	2,854	5,468

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	2,845	2,874	2,876	2,863	2,810	1,283
Additional Paid-In Capital	2,877	2,823	2,835	2,800	2,754	1,009
Retained Earnings	-3,913	-3,962	-4,015	-4,035	-4,125	-3,789
Treasury Stock	-	-277.13	-132.96	-139.9	-68.41	-
Comprehensive Income & Other	72.13	99.47	94.29	100.7	88.78	50.96
Total Common Equity	1,881	1,558	1,658	1,589	1,459	-1,446
Minority Interest	-	-	-	0.76	0.78	0.71
Shareholders' Equity	1,881	1,558	1,658	1,590	1,460	-1,445
Total Liabilities & Equity	3,426	3,637	3,781	3,935	4,314	4,023

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	255.42	314.84	270.23	280.04	378.66	2,135
Net Cash (Debt)	533.05	453.51	523.83	509.37	817.14	-1,628
Net Cash Growth	37.31%	-13.42%	2.84%	-37.66%	-	-
Net Cash Per Share	0.19	0.16	0.18	0.18	0.29	-1.27
Filing Date Shares Outstanding	2,762	2,874	2,876	2,863	7,329	1,283
Total Common Shares Outstanding	2,762	2,874	2,876	2,863	7,329	1,283
Working Capital	1,033	600.87	618.04	321.81	473.56	-2,176
Book Value Per Share	0.68	0.54	0.58	0.56	0.20	-1.13
Tangible Book Value	1,593	1,246	1,279	1,208	1,076	-1,971
Tangible Book Value Per Share	0.58	0.43	0.44	0.42	0.15	-1.54
Buildings	-	374.31	385.37	339.5	362.99	344.69
Machinery	-	321.88	333.47	467.79	467.96	449.14
Construction In Progress	-	76.76	87.19	0.07	2.1	0.08