Shanghai DZH 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	1,141	1,133	1,635	1,515	1,616
Short-Term Investments	-	-	-	-	21.84
Trading Asset Securities	95.23	153.45	3.59	18.29	18.16
Cash & Short-Term Investments	1,236	1,287	1,638	1,534	1,656
Cash Growth	-3.95%	-21.47%	6.82%	-7.40%	17.53%
Accounts Receivable	93.12	97.71	84.82	85.43	68.2
Other Receivables	32.92	30.28	23.5	21.6	21.53
Receivables	126.04	127.99	108.32	107.03	89.73
Inventory	0.03	0.37	0.03	3.38	0.16
Prepaid Expenses	-	3.16	1.48	0.5	0.49
Other Current Assets	45.64	25.5	23.4	31.06	20.08
Total Current Assets	1,407	1,444	1,772	1,676	1,767
Property, Plant & Equipment	84.3	73.21	93.6	117.64	124.3
Long-Term Investments	0.32	10.81	0.73	21.72	1.96
Goodwill	296.62	297.7	296.76	342.54	292.58
Other Intangible Assets	16.06	16.36	17.5	57.51	10.54
Long-Term Deferred Tax Assets	0.29	0.3	10.64	15.54	-
Long-Term Deferred Charges	0.99	3.16	4.65	6.95	6.33
Other Long-Term Assets	84.75	94.87	105.47	114.49	125.7
Total Assets	1,891	1,940	2,301	2,352	2,328
Accounts Payable	168.42	-	-	1.79	-
Accrued Expenses	60.12	236.64	247.91	256.32	245.82
Current Portion of Long-Term Debt	11.22	-	-	-	-
Current Portion of Leases	-	27.14	29.85	31.06	24.91
Current Income Taxes Payable	16.59	-	-	2.71	3.45
Current Unearned Revenue	223.94	203.58	192.19	194.34	201.43
Other Current Liabilities	13.72	8.64	74.38	145.89	186.73
Total Current Liabilities	493.99	476	544.33	632.11	662.34
Long-Term Leases	41.4	12.92	28.7	56.2	71.44
Long-Term Unearned Revenue	-	9.53	16.37	17.3	16.82
Long-Term Deferred Tax Liabilities	10.26	9.55	20.81	26.74	1.17
Other Long-Term Liabilities	8.75	0.01	4.22	-	-
Total Liabilities	554.4	508	614.44	732.36	751.76
Common Stock	1,989	2,004	2,019	2,036	2,028
Additional Paid-In Capital	1,148	1,238	1,293	1,371	1,331
Retained Earnings	-1,856	-1,812	-1,611	-1,713	-1,625
Treasury Stock	-	-57.25	-62.84	-129.22	-166.96
Comprehensive Income & Other	55.58	60.66	55.58	48.25	9.1
Total Common Equity	1,336	1,433	1,695	1,612	1,576
Minority Interest	0.13	-1.21	-8.09	7.2	-
Shareholders' Equity	1,336	1,432	1,686	1,620	1,576
Total Liabilities & Equity	1,891	1,940	2,301	2,352	2,328
Total Debt	52.61	40.06	58.55	87.27	96.35
Net Cash (Debt)	1,183	1,247	1,580	1,446	1,560
Net Cash Growth	-5.09%	-21.09%	9.22%	-7.28%	10.70%
Net Cash Per Share	0.59	0.62	0.79	0.72	0.78
Filing Date Shares Outstanding	2,092	2,004	2,019	2,036	2,036
Total Common Shares Outstanding	2,092	2,004	2,019	2,036	2,028
Working Capital	913.47	967.62	1,227	1,044	1,104
Book Value Per Share	0.64	0.72	0.84	0.79	0.78
Tangible Book Value	1,024	1,119	1,380	1,212	1,273
Tangible Book Value Per Share	0.49	0.56	0.68	0.60	0.63
Machinery	-	145.39	144.15	131.42	119.59
Construction In Progress	-	-	0.28	0.17	0.17

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.