Qibu Corporation Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	48.19	102.42	193.59	157.7	186.21	437.6
Trading Asset Securities	-	-	-	2.7	-	-
Cash & Short-Term Investments	48.19	102.42	193.59	160.41	186.21	437.6
Cash Growth	-68.74%	-47.09%	20.68%	-13.86%	-57.45%	-37.05%
Accounts Receivable	311.61	265.11	239.64	296.06	595.41	746.29
Other Receivables	36.25	41.41	44.01	18.4	17.29	170.73
Receivables	347.86	306.52	283.65	314.46	612.7	917.02
Inventory	128.73	166.03	87.2	96.7	149.7	167.95
Prepaid Expenses	-	-	-	-	2.16	2.27
Other Current Assets	56.43	43.51	27.65	49.86	85.63	219.7
Total Current Assets	581.21	618.49	592.09	621.42	1,036	1,745
Property, Plant & Equipment	115.66	119.15	70.88	123.32	196.81	269.98
Long-Term Investments	15	6.7	6.7	13.89	29.26	117.9
Goodwill	11	11	-	-	-	-
Other Intangible Assets	19.12	20.83	17.18	21.92	32.63	59.5
Long-Term Deferred Tax Assets	0.62	0.12	-	-	122.22	65.35
Long-Term Deferred Charges	5.13	4.05	3.4	2.45	2.16	9.85
Other Long-Term Assets	76.67	80.63	90.77	167.69	151.66	136.84
Total Assets	824.42	860.97	781	950.69	1,571	2,404

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	191.51	253.39	230.18	203.87	216.03	310.02
Accrued Expenses	2.58	32.56	30.74	30.17	40.24	35.64
Short-Term Debt	391.81	310.17	130	347.1	354.75	298.17
Current Portion of Long-Term Debt	-	-	-	-	-	128.15
Current Portion of Leases	-	0.14	0.14	0.23	3.39	5.76
Current Income Taxes Payable	7.6	3.51	3.81	3.7	3.47	3.55
Current Unearned Revenue	37.48	34.57	8.96	4.41	16.38	17.31
Other Current Liabilities	110.74	100.6	125.63	64.13	27.78	8.38
Total Current Liabilities	741.71	734.94	529.46	653.6	662.05	806.97
Long-Term Debt	-	-	128.67	142.15	235.7	244.32
Long-Term Leases	0.14	0.08	0.1	0.24	1.95	21.15
Long-Term Unearned Revenue	4.28	4.53	5.03	5.53	6.04	7.8
Long-Term Deferred Tax Liabilities	2.2	2.2	0.06	0.13	1.3	6.78
Other Long-Term Liabilities	6.54	6.45	60.59	90.08	37.57	-
Total Liabilities	754.87	748.2	723.92	891.74	944.61	1,087

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	623.44	623.44	550.26	538.67	494.07	496.04
Additional Paid-In Capital	1,067	1,067	950.47	841.59	769.57	776.81
Retained Earnings	-1,641	-1,598	-1,461	-1,338	-689.44	-29.65
Treasury Stock	-	-	-	-	-	-8.72
Comprehensive Income & Other	-7.5	-7.5	20.26	18.74	52.91	77.39
Total Common Equity	42.45	85.16	59.85	61.29	627.11	1,312
Minority Interest	27.09	27.61	-2.76	-2.33	-0.58	5.06
Shareholders' Equity	69.54	112.77	57.09	58.96	626.53	1,317
Total Liabilities & Equity	824.42	860.97	781	950.69	1,571	2,404

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	391.95	310.39	258.91	489.72	595.79	697.54
Net Cash (Debt)	-343.76	-207.97	-65.33	-329.31	-409.58	-259.94
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.55	-0.33	-0.12	-0.67	-0.83	-0.52
Filing Date Shares Outstanding	662.94	623.44	550.26	538.67	494.07	494.06
Total Common Shares Outstanding	662.94	623.44	550.26	538.67	494.07	494.06
Working Capital	-160.5	-116.45	62.62	-32.18	374.36	937.57
Book Value Per Share	0.06	0.14	0.11	0.11	1.27	2.66
Tangible Book Value	12.34	53.33	42.67	39.37	594.48	1,252
Tangible Book Value Per Share	0.02	0.09	0.08	0.07	1.20	2.53
Buildings	-	150.42	117.04	209.61	283.47	315.4
Machinery	-	39.75	20.36	33.16	66.76	70.24
Construction In Progress	-	2.02	-	0.59	1.58	-