Comefly Outdoor 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	133.51	202.91	106.98	167.31	132.15	170.95
Trading Asset Securities	0.03	-	-	79.61	199.56	243.93
Cash & Short-Term Investments	133.54	202.91	106.98	246.91	331.71	414.87
Cash Growth	16.14%	89.68%	-56.67%	-25.56%	-20.04%	-19.71%
Accounts Receivable	208.67	108.02	137.37	143.16	106.17	85.34
Other Receivables	5.63	4.93	6.62	5.24	4.88	5.47
Receivables	214.3	112.95	143.99	148.39	111.05	90.82
Inventory	382.72	428.53	615.98	595.45	696.15	531.02
Other Current Assets	56.39	40.26	50.11	25.59	32.91	40.49
Total Current Assets	786.96	784.66	917.06	1,016	1,172	1,077
Property, Plant & Equipment	134.61	144.71	157.72	171.9	126.7	72.25
Long-Term Investments	11.15	11.15	10.55	16.21	19.34	14.83
Other Intangible Assets	21.94	22.37	23.79	26.16	10.47	10.85
Long-Term Deferred Tax Assets	36.3	41.24	22.99	17.05	9.17	8.91
Long-Term Deferred Charges	2.15	3.26	3.73	4.19	3.55	2.36
Other Long-Term Assets	-	-	0.4	0.31	0.1	-
Total Assets	993.11	1,007	1,136	1,252	1,341	1,186
Accounts Payable	226.48	245.81	347.19	364.03	285.83	300.87
Accrued Expenses	20.05	30.39	40.25	33.35	32.61	32.31
Short-Term Debt	195.15	199.15	106.02	185.23	386.92	323.56
Current Portion of Long-Term Debt	8.6	11.29	-	-	-	-
Current Portion of Leases	-	-	8.47	9.82	9.4	7.96
Current Income Taxes Payable	15.41	8.48	7.27	16.39	8.11	3.8
Current Unearned Revenue	17.05	14.09	11.18	12.69	17.09	10.47
Other Current Liabilities	5.5	7.54	22.7	38.29	31.96	11.11
Total Current Liabilities	488.25	516.75	543.08	659.8	771.91	690.07
Long-Term Leases	10.12	14.36	20.23	23.65	30.6	23.54
Long-Term Unearned Revenue	8.21	8.44	7.48	-	-	-
Long-Term Deferred Tax Liabilities	-	-	-	1.32	3.18	3.05
Other Long-Term Liabilities	0.75	0.75	0.09	0.14	1.4	1.21
Total Liabilities	507.33	540.3	570.87	684.91	807.09	717.87
Common Stock	93.13	93.13	93.37	66.69	66.69	66.69
Additional Paid-In Capital	193.32	193.32	195.27	220.33	229.29	229.29
Retained Earnings	209.55	189.08	283.96	280.22	253.16	172.56
Treasury Stock	-	-	-3.76	-	-15.09	-
Comprehensive Income & Other	-10.22	-8.44	-3.46	-	-	-
Shareholders' Equity	485.78	467.09	565.36	567.25	534.05	468.54
Total Liabilities & Equity	993.11	1,007	1,136	1,252	1,341	1,186
Total Debt	213.88	224.8	134.71	218.7	426.91	355.06
Net Cash (Debt)	-80.34	-21.89	-27.74	28.21	-95.2	59.81
Net Cash Growth	-	-	-	-	-	-73.75%
Net Cash Per Share	-0.87	-0.24	-0.30	0.30	-1.02	0.64
Filing Date Shares Outstanding	93.05	87.71	93.2	93.37	93.02	93.37
Total Common Shares Outstanding	93.05	87.71	93.2	93.37	93.02	93.37
Working Capital	298.71	267.91	373.98	356.54	399.91	387.13
Book Value Per Share	5.22	5.33	6.07	6.08	5.74	5.02
Tangible Book Value	463.84	444.72	541.58	541.09	523.58	457.68
Tangible Book Value Per Share	4.98	5.07	5.81	5.80	5.63	4.90
Buildings	-	-	98.03	99.54	32.18	32.18
Machinery	-	-	103.6	99.66	60.91	53.08
Construction In Progress	-	-	0.35	-	45.48	0.08

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.