Koal Software Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	56.31	239.8	222.99	170.23	93.4	311.24
Short-Term Investments	-	236.5	357.22	402.84	426.7	-
Trading Asset Securities	214.34	222.86	195.33	323.55	412.6	751.91
Cash & Short-Term Investments	270.65	699.16	775.54	896.63	932.7	1,063
Cash Growth	-9.74%	-9.85%	-13.51%	-3.87%	-12.27%	217.00%
Accounts Receivable	365.55	337.39	260.98	246.12	250.46	229.91
Other Receivables	27.02	26.21	34.11	32.38	35.8	20.01
Receivables	392.57	363.6	295.09	278.5	286.26	249.91
Inventory	106.43	73.98	147.78	205.37	339.57	103.1
Prepaid Expenses	-	-	-	-	-	0.09
Other Current Assets	269.92	28.62	34.36	48.08	46.39	26.59
Total Current Assets	1,040	1,165	1,253	1,429	1,605	1,443
Property, Plant & Equipment	171.09	185.12	141.23	131.33	134.6	64.47
Long-Term Investments	207.85	151.45	151.08	94	75.83	29.4
Other Intangible Assets	36.88	40.15	24.86	41.92	66.27	73.28
Long-Term Deferred Tax Assets	58.69	57.25	46.28	31.94	10.48	6.05
Long-Term Deferred Charges	26.39	27.72	23.49	12.3	8.25	8.19
Other Long-Term Assets	37.74	42.77	20.82	6.11	3.38	-
Total Assets	1,578	1,670	1,661	1,746	1,904	1,624
Accounts Payable	72.15	70.28	81.97	70.32	76.81	52.95
Accrued Expenses	2.9	13.17	9.09	6.72	7.67	7.95
Short-Term Debt	-	10.01	10	-	-	-
Current Portion of Long-Term Debt	6.13	4.11	-	-	-	-
Current Portion of Leases	-	5.83	1.35	4.67	0.77	-
Current Income Taxes Payable	5.54	5.53	12.49	1.76	12.94	6.94
Current Unearned Revenue	59.11	45.04	104.21	233.99	348.08	190
Other Current Liabilities	32.37	36.35	20.05	40.92	53.73	27.78
Total Current Liabilities	178.19	190.32	239.16	358.38	500	285.63
Long-Term Debt	41.3	44.45	-	-	-	-
Long-Term Leases	0.2	1.56	0.07	0.83	-	-
Long-Term Unearned Revenue	1.95	2.49	2.76	3	4.74	7.15
Long-Term Deferred Tax Liabilities	11.05	11.67	17.5	9.67	3.06	1.54
Total Liabilities	232.68	250.49	259.49	371.87	507.79	294.32
Common Stock	234.15	236.05	233.31	232.79	231.72	193.1
Additional Paid-In Capital	733.61	738.36	738.24	735.87	719.21	754.14
Retained Earnings	387.45	464.57	441.04	404.07	442.91	391.91
Treasury Stock	-15.25	-25.66	-12.25	-	-	-
Comprehensive Income & Other	5.85	6.25	0.76	1.26	1.32	-9.96
Total Common Equity	1,346	1,420	1,401	1,374	1,395	1,329
Minority Interest	-0.29	-0.24	-0.06	0.32	0.76	0.74
Shareholders' Equity	1,346	1,419	1,401	1,374	1,396	1,330
Total Liabilities & Equity	1,578	1,670	1,661	1,746	1,904	1,624
Total Debt	47.63	65.96	11.42	5.5	0.77	-
Net Cash (Debt)	223.02	633.2	764.11	891.13	931.93	1,063
Net Cash Growth	-23.68%	-17.13%	-14.25%	-4.38%	-12.34%	217.00%
Net Cash Per Share	0.98	2.75	3.31	4.09	3.98	4.66
Filing Date Shares Outstanding	231.88	207.14	231.3	232.79	231.72	231.72
Total Common Shares Outstanding	231.88	207.14	232.46	232.79	231.72	231.72
Working Capital	861.37	975.04	1,014	1,070	1,105	1,157
Book Value Per Share	5.80	6.85	6.03	5.90	6.02	5.74
Tangible Book Value	1,309	1,379	1,376	1,332	1,329	1,256
Tangible Book Value Per Share	5.64	6.66	5.92	5.72	5.73	5.42
Buildings	-	174.17	128.63	128.63	128.63	54.62
Machinery	-	51.46	49.07	22.51	50.85	46.05

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.