Shanghai QiFan Cable 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	1,374	2,271	2,041	2,624	2,187	2,442
Trading Asset Securities	47.66	101.58	130.35	65.77	30.79	262.63
Cash & Short-Term Investments	1,422	2,372	2,171	2,690	2,217	2,704
Cash Growth	71.64%	9.27%	-19.28%	21.30%	-18.01%	224.06%
Accounts Receivable	5,440	4,609	4,854	4,370	4,006	3,009
Other Receivables	291.19	236.08	88.44	184	195.96	207.84
Receivables	5,731	4,845	4,943	4,554	4,202	3,217
Inventory	4,513	4,652	3,702	3,939	3,988	2,010
Other Current Assets	264.08	225.99	141.32	73.99	29.75	38.05
Total Current Assets	11,931	12,096	10,957	11,257	10,437	7,970
Property, Plant & Equipment	2,409	2,392	2,349	1,786	1,281	888.63
Other Intangible Assets	185.64	187.26	188.81	164.25	170.15	106.41
Long-Term Accounts Receivable	-	-	-	-	-	2.52
Long-Term Deferred Tax Assets	227.14	231.39	176.95	129.18	144.62	82.66
Long-Term Deferred Charges	15.88	17.96	14.99	19.21	5.79	2.54
Other Long-Term Assets	154.33	188.1	227.83	191.93	217.31	198.53
Total Assets	14,923	15,112	13,914	13,548	12,256	9,251
Accounts Payable	1,550	1,918	2,118	1,434	1,250	1,314
Accrued Expenses	50.64	122.86	87.34	142.51	179.72	183.2
Short-Term Debt	5,564	5,166	4,092	5,093	4,343	1,882
Current Portion of Long-Term Debt	553.98	380.1	450	166.5	41	121
Current Portion of Leases	-	26.68	25.44	23.78	20.42	9.45
Current Income Taxes Payable	23.42	3.14	5.16	18.36	75.05	91.97
Current Unearned Revenue	417.23	627.88	393.56	454.21	433.68	440.61
Other Current Liabilities	159.55	224.62	231.33	299.17	464.64	478.72
Total Current Liabilities	8,319	8,469	7,403	7,631	6,807	4,522
Long-Term Debt	1,428	1,540	1,559	1,051	1,054	887.66
Long-Term Leases	86.75	94.48	129.59	138.3	132.91	92.71
Long-Term Unearned Revenue	107.69	107.69	1.47	1.47	1.47	1.47
Long-Term Deferred Tax Liabilities	32.71	32.71	15.44	38.81	39.99	2.92
Other Long-Term Liabilities	78.79	93.7	158.81	110.1	27.74	18.37
Total Liabilities	10,053	10,338	9,268	8,971	8,064	5,525
Common Stock	412.9	412.9	418.14	418.14	418.13	418.21
Additional Paid-In Capital	1,360	1,360	1,406	1,406	1,420	1,298
Retained Earnings	2,934	2,838	2,684	2,615	2,237	1,972
Treasury Stock	-	-	-50.89	-51.73	-104.57	-180.22
Comprehensive Income & Other	137.07	137.08	182.77	182.77	182.78	182.85
Total Common Equity	4,844	4,748	4,640	4,570	4,153	3,690
Minority Interest	25.66	26.05	6.89	6.54	40.04	36.14
Shareholders' Equity	4,869	4,774	4,647	4,577	4,193	3,726
Total Liabilities & Equity	14,923	15,112	13,914	13,548	12,256	9,251
Total Debt	7,633	7,207	6,256	6,472	5,591	2,993
Net Cash (Debt)	-6,211	-4,835	-4,085	-3,783	-3,374	-288.72
Net Cash Per Share	-14.89	-11.61	-9.65	-8.13	-7.23	-0.68
Filing Date Shares Outstanding	414.53	412.9	412.9	418.14	418.14	418.21
Total Common Shares Outstanding	414.53	412.9	418.14	418.14	418.13	418.21
Working Capital	3,611	3,627	3,554	3,626	3,630	3,448
Book Value Per Share	11.69	11.50	11.10	10.93	9.93	8.82
Tangible Book Value	4,658	4,561	4,451	4,406	3,983	3,584
Tangible Book Value Per Share	11.24	11.05	10.64	10.54	9.52	8.57
Buildings	-	1,387	1,105	700.27	510.42	450.32
Machinery	-	1,548	1,262	1,036	834.24	605.85
Construction In Progress	-	143.02	458.52	374.63	167.93	35.76

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