Bestlink Technologies 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	415.86	1,190	504.09	909.53	536.73	346.73
Trading Asset Securities	200.82	384.53	351.66	383.33	440.48	-
Cash & Short-Term Investments	616.68	1,574	855.75	1,293	977.2	346.73
Cash Growth	-21.66%	83.98%	-33.81%	32.30%	181.84%	-9.09%
Accounts Receivable	2,742	2,974	2,733	2,021	1,527	1,100
Other Receivables	72.28	74.84	76.41	59.79	57.45	54.51
Receivables	2,814	3,048	2,809	2,081	1,584	1,154
Inventory	4,347	3,985	3,151	2,627	1,698	1,147
Prepaid Expenses	-	-	8.85	10.7	10.4	9.98
Other Current Assets	196.55	150.7	142.29	91.84	72.38	39.96
Total Current Assets	7,975	8,758	6,967	6,104	4,342	2,698
Property, Plant & Equipment	117.05	121.46	92.97	87.94	87.04	85.77
Long-Term Investments	0.1	0.1	-	-	-	-
Goodwill	0.15	0.15	0.15	0.15	0.15	-
Other Intangible Assets	22.24	22.65	20.2	19.89	20.36	19.45
Long-Term Deferred Tax Assets	85.42	81.94	59.47	41.96	25.31	18.14
Long-Term Deferred Charges	2.83	2.6	4.98	4.32	4.99	-
Other Long-Term Assets	29.77	30.34	32.61	34.89	41.69	48.63
Total Assets	8,232	9,017	7,178	6,293	4,521	2,870
Accounts Payable	2,432	3,507	561.41	700.03	10.16	11.25
Accrued Expenses	143.69	133.13	1,835	1,851	1,616	1,388
Short-Term Debt	1,374	1,360	1,013	424.29	220.67	235.04
Current Portion of Long-Term Debt	6.97	7.13	-	-	-	-
Current Portion of Leases	-	-	6.52	7.89	7.28	5.28
Current Income Taxes Payable	18.88	30.41	5.21	22.73	20.7	21.37
Current Unearned Revenue	1,644	1,317	639.88	587.31	184.91	96.36
Other Current Liabilities	275.26	340.64	854.43	474.72	372.62	210.08
Total Current Liabilities	5,895	6,695	4,916	4,068	2,433	1,967
Long-Term Leases	5.79	5.16	4.3	4.29	3.44	1.15
Long-Term Unearned Revenue	22.95	22.95	18.15	15	1	1
Long-Term Deferred Tax Liabilities	2.6	2.71	2.25	2.83	0.15	-
Total Liabilities	5,926	6,725	4,941	4,090	2,437	1,969
Common Stock	305.2	305.2	305.2	305.2	305.2	228.9
Additional Paid-In Capital	1,262	1,262	1,262	1,262	1,262	281.76
Retained Earnings	713.8	699.28	646.05	634.63	516.62	367.17
Comprehensive Income & Other	0.23	0	0	0.48	0.48	22.96
Total Common Equity	2,281	2,266	2,213	2,202	2,084	900.79
Minority Interest	25.02	25.61	23.9	0.69	-	-
Shareholders' Equity	2,306	2,292	2,237	2,203	2,084	900.79
Total Liabilities & Equity	8,232	9,017	7,178	6,293	4,521	2,870
Total Debt	1,387	1,372	1,024	436.47	231.39	241.47
Net Cash (Debt)	-770.14	202.53	-168.44	856.39	745.81	105.25
Net Cash Growth	-	-	-	14.83%	608.58%	-44.91%
Net Cash Per Share	-2.46	0.65	-0.56	2.81	2.65	0.46
Filing Date Shares Outstanding	290.36	330.12	305.2	305.2	305.2	228.9
Total Common Shares Outstanding	290.36	330.12	305.2	305.2	305.2	228.9
Working Capital	2,080	2,064	2,051	2,036	1,909	730.96
Book Value Per Share	7.86	6.87	7.25	7.22	6.83	3.94
Tangible Book Value	2,259	2,244	2,193	2,182	2,064	881.34
Tangible Book Value Per Share	7.78	6.80	7.19	7.15	6.76	3.85
Buildings	-	-	89.25	82.61	77.17	78.63
Machinery	-	-	49.64	40.55	37.36	35.79
Order Backlog	-	-	4,163	-	-	1,778

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