China Security 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	717.15	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	717.15	768.36	794.07	789.42	1,196	507.44
Cash Growth	17.86%	-3.24%	0.59%	-33.98%	135.65%	0.43%
Accounts Receivable	1,214	1,415	1,450	1,438	1,409	1,666
Other Receivables	108.93	54.06	1.76	1.62	2.02	106.3
Receivables	1,323	1,469	1,451	1,439	1,412	1,772
Inventory	109.73	105.55	84.47	133.69	141.72	98.55
Prepaid Expenses	-	11	19.95	18.59	15.57	14.07
Other Current Assets	148.7	97.78	156.76	214.87	184.73	74.14
Total Current Assets	2,299	2,451	2,507	2,596	2,949	2,467
Property, Plant & Equipment	370.02	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	250.22	256.11	317.66	313.41	309.91	448.47
Other Intangible Assets	37.84	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	108.78	134.74	136.65	145.28	143.91	116.63
Long-Term Deferred Charges	16.26	18.21	15.84	19.9	16.77	18.59
Other Long-Term Assets	246.98	210.84	201.86	216.24	195.65	234.98
Total Assets	3,373	3,637	3,781	3,935	4,314	4,023
Accounts Payable	678.93	806.75	864.35	795.57	833.24	670.2
Accrued Expenses	117.84	238.75	236.99	263.52	279.16	346.8
Short-Term Debt	74.02	97.95	27.69	0.45	8.79	422.56
Current Portion of Long-Term Debt	28.29	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	28.44	7.79	19.58	21.36	18.82	22.52
Current Unearned Revenue	80.42	58.9	49.23	48.68	102.58	73.33
Other Current Liabilities	471.44	608.51	638.2	882.76	1,195	1,950
Total Current Liabilities	1,479	1,851	1,889	2,274	2,476	4,643
Long-Term Debt	159.19	167.87	169.62	-	309.56	537.04
Long-Term Leases	10.25	17.09	20.37	18.01	22.46	17.89
Long-Term Unearned Revenue	0.05	0.09	0.24	0.39	0.54	0.7
Long-Term Deferred Tax Liabilities	38.11	40.51	38.68	47.33	43.74	44.5
Other Long-Term Liabilities	1.03	3.33	5.53	5.07	2.23	224.69
Total Liabilities	1,688	2,079	2,123	2,345	2,854	5,468
Common Stock	2,874	2,874	2,876	2,863	2,810	1,283
Additional Paid-In Capital	2,850	2,823	2,835	2,800	2,754	1,009
Retained Earnings	-3,933	-3,962	-4,015	-4,035	-4,125	-3,789
Treasury Stock	-188.49	-277.13	-132.96	-139.9	-68.41	-
Comprehensive Income & Other	83.31	99.47	94.29	100.7	88.78	50.96
Total Common Equity	1,685	1,558	1,658	1,589	1,459	-1,446
Minority Interest	-	-	-	0.76	0.78	0.71
Shareholders' Equity	1,685	1,558	1,658	1,590	1,460	-1,445
Total Liabilities & Equity	3,373	3,637	3,781	3,935	4,314	4,023
Total Debt	271.74	314.84	270.23	280.04	378.66	2,135
Net Cash (Debt)	445.41	453.51	523.83	509.37	817.14	-1,628
Net Cash Growth	22.75%	-13.42%	2.84%	-37.66%	-	-
Net Cash Per Share	0.16	0.16	0.18	0.18	0.29	-1.27
Filing Date Shares Outstanding	2,837	2,874	2,876	2,863	7,329	1,283
Total Common Shares Outstanding	2,837	2,874	2,876	2,863	7,329	1,283
Working Capital	819.34	600.87	618.04	321.81	473.56	-2,176
Book Value Per Share	0.59	0.54	0.58	0.56	0.20	-1.13
Tangible Book Value	1,397	1,246	1,279	1,208	1,076	-1,971
Tangible Book Value Per Share	0.49	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

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