IReader Technology 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	1,190	1,316	1,990	2,134	2,216	2,254
Trading Asset Securities	491.81	398.99	33.04	26.5	-	-
Cash & Short-Term Investments	1,681	1,715	2,023	2,161	2,216	2,254
Cash Growth	-14.94%	-15.19%	-6.40%	-2.49%	-1.70%	74.56%
Accounts Receivable	287.9	329.54	276.78	329.46	405.7	342.22
Other Receivables	16.78	16.84	28.79	33.28	61.75	36.94
Receivables	304.69	346.37	305.58	362.74	467.45	379.16
Inventory	-	-	-	0.37	0.41	0.78
Other Current Assets	222.4	208.98	99.96	129.29	129.59	100.28
Total Current Assets	2,209	2,271	2,428	2,653	2,813	2,735
Property, Plant & Equipment	17.68	20.07	21.45	26.9	26.57	34.97
Long-Term Investments	656.36	653.05	677.44	651.16	478.5	458.31
Goodwill	-	-	-	12.06	17.54	17.54
Other Intangible Assets	17.91	24.21	88.4	83.39	43.11	182.13
Long-Term Deferred Tax Assets	-	-	4	17.83	22.2	22.87
Long-Term Deferred Charges	0.72	0.6	0.23	0.84	1.55	2.51
Total Assets	2,901	2,969	3,220	3,445	3,403	3,453
Accounts Payable	280.91	256.31	100.23	100.72	107.55	249.25
Accrued Expenses	41.94	69.33	166.82	375	316.29	180.29
Current Portion of Long-Term Debt	4.71	5.06	-	-	-	-
Current Portion of Leases	-	-	3.87	4	0.59	8.58
Current Income Taxes Payable	29.49	31.1	9.1	4.64	6.78	18.42
Current Unearned Revenue	184.65	205.15	229.91	279.13	249.82	246.1
Other Current Liabilities	13.93	15.05	44.51	70.47	65.65	113.28
Total Current Liabilities	555.63	582.01	554.43	833.98	746.68	815.93
Long-Term Leases	2.85	4.12	8.98	12.97	0.49	0.72
Long-Term Unearned Revenue	0.04	0.04	21.25	37.95	58.89	82.37
Long-Term Deferred Tax Liabilities	-	-	0	-	-	-
Other Long-Term Liabilities	14.11	19.71	24.3	13.45	-	-
Total Liabilities	572.63	605.88	608.95	898.34	806.05	899.02
Common Stock	438.9	438.9	438.9	438.9	438.9	438.9
Additional Paid-In Capital	1,333	1,333	1,333	1,333	1,339	1,339
Retained Earnings	547.92	581.64	803.52	777.47	808.46	768.69
Comprehensive Income & Other	-24.01	-23.9	9.06	-21.08	-9.1	-10.39
Total Common Equity	2,295	2,329	2,584	2,528	2,578	2,537
Minority Interest	33.18	33.62	26.62	19.16	19.18	17.29
Shareholders' Equity	2,329	2,363	2,611	2,547	2,597	2,554
Total Liabilities & Equity	2,901	2,969	3,220	3,445	3,403	3,453
Total Debt	7.57	9.18	12.85	16.97	1.08	9.31
Net Cash (Debt)	1,674	1,706	2,010	2,144	2,215	2,245
Net Cash Growth	-14.81%	-15.10%	-6.26%	-3.21%	-1.34%	73.84%
Net Cash Per Share	3.83	3.87	4.49	4.92	5.00	5.22
Filing Date Shares Outstanding	421.59	438.05	438.9	438.9	438.9	438.9
Total Common Shares Outstanding	421.59	438.05	438.9	438.9	438.9	438.9
Working Capital	1,653	1,689	1,874	1,819	2,067	1,919
Book Value Per Share	5.44	5.32	5.89	5.76	5.87	5.78
Tangible Book Value	2,277	2,305	2,496	2,433	2,517	2,337
Tangible Book Value Per Share	5.40	5.26	5.69	5.54	5.73	5.32
Buildings	-	-	6.69	6.69	6.69	6.69
Machinery	-	-	42.81	62.65	111.34	103.78

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