Qibu Corporation 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	153.03	193.59	157.7	186.21	437.6	645.12
Trading Asset Securities	-	-	2.7	-	-	50
Cash & Short-Term Investments	153.03	193.59	160.41	186.21	437.6	695.12
Cash Growth	-6.84%	20.68%	-13.86%	-57.45%	-37.05%	4.58%
Accounts Receivable	175.95	239.64	296.06	595.41	746.29	440.49
Other Receivables	39.87	44.01	18.4	17.29	170.73	443.07
Receivables	215.82	283.65	314.46	612.7	917.02	883.56
Inventory	91.6	87.2	96.7	149.7	167.95	275.39
Prepaid Expenses	-	-	-	2.16	2.27	1.95
Other Current Assets	36.33	27.65	49.86	85.63	219.7	309.47
Total Current Assets	496.78	592.09	621.42	1,036	1,745	2,165
Property, Plant & Equipment	65.53	70.88	123.32	196.81	269.98	223.73
Long-Term Investments	6.7	6.7	13.89	29.26	117.9	206.27
Other Intangible Assets	17.23	17.18	21.92	32.63	59.5	92.91
Long-Term Deferred Tax Assets	-	-	-	122.22	65.35	36.11
Long-Term Deferred Charges	3.96	3.4	2.45	2.16	9.85	52.38
Other Long-Term Assets	85.63	90.77	167.69	151.66	136.84	193.56
Total Assets	675.84	781	950.69	1,571	2,404	2,970
Accounts Payable	265.48	230.18	203.87	216.03	310.02	510.34
Accrued Expenses	8.71	30.74	30.17	40.24	35.64	36.82
Short-Term Debt	130.38	130	347.1	354.75	298.17	277.96
Current Portion of Long-Term Debt	-	-	-	-	128.15	0.4
Current Portion of Leases	-	0.14	0.23	3.39	5.76	-
Current Income Taxes Payable	-	3.81	3.7	3.47	3.55	5.49
Current Unearned Revenue	6.37	8.96	4.41	16.38	17.31	96.1
Other Current Liabilities	124.87	125.63	64.13	27.78	8.38	17.98
Total Current Liabilities	535.81	529.46	653.6	662.05	806.97	945.09
Long-Term Debt	-	128.67	142.15	235.7	244.32	360.93
Long-Term Leases	0.26	0.1	0.24	1.95	21.15	-
Long-Term Unearned Revenue	4.65	5.03	5.53	6.04	7.8	11.31
Long-Term Deferred Tax Liabilities	-	0.06	0.13	1.3	6.78	32.07
Other Long-Term Liabilities	60.41	60.59	90.08	37.57	-	-
Total Liabilities	601.14	723.92	891.74	944.61	1,087	1,349
Common Stock	623.44	550.26	538.67	494.07	496.04	496
Additional Paid-In Capital	1,005	950.47	841.59	769.57	776.81	776.47
Retained Earnings	-1,543	-1,461	-1,338	-689.44	-29.65	198.45
Treasury Stock	-	-	-	-	-8.72	-8.72
Comprehensive Income & Other	-7.5	20.26	18.74	52.91	77.39	153.32
Total Common Equity	78.31	59.85	61.29	627.11	1,312	1,616
Minority Interest	-3.61	-2.76	-2.33	-0.58	5.06	5.54
Shareholders' Equity	74.7	57.09	58.96	626.53	1,317	1,621
Total Liabilities & Equity	675.84	781	950.69	1,571	2,404	2,970
Total Debt	130.64	258.91	489.72	595.79	697.54	639.28
Net Cash (Debt)	22.39	-65.33	-329.31	-409.58	-259.94	55.83
Net Cash Growth	-	-	-	-	-	-75.81%
Net Cash Per Share	0.04	-0.12	-0.67	-0.83	-0.52	0.12
Filing Date Shares Outstanding	623.44	550.26	538.67	494.07	494.06	494.02
Total Common Shares Outstanding	623.44	550.26	538.67	494.07	494.06	494.02
Working Capital	-39.03	62.62	-32.18	374.36	937.57	1,220
Book Value Per Share	0.13	0.11	0.11	1.27	2.66	3.27
Tangible Book Value	61.08	42.67	39.37	594.48	1,252	1,523
Tangible Book Value Per Share	0.10	0.08	0.07	1.20	2.53	3.08
Buildings	-	117.04	209.61	283.47	315.4	247.49
Machinery	-	20.36	33.16	66.76	70.24	73.42
Construction In Progress	-	-	0.59	1.58	-	-

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