Keystone Technology 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	2017 - 2019
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	2017 - 2019
Cash & Equivalents	515.4	706.64	415.38	451.57	439.81	156.35	Upgrade
Trading Asset Securities	80.84	6.31	50.38	119.06	58.32	7.5	Upgrade
Cash & Short-Term Investments	596.24	712.95	465.76	570.64	498.13	163.85	Upgrade
Cash Growth	-27.05%	53.07%	-18.38%	14.56%	204.00%	67.02%	Upgrade
Accounts Receivable	369.55	405.24	264.59	341.14	330.55	373.84	Upgrade
Other Receivables	33.5	150.15	97.62	7.55	17.97	7.57	Upgrade
Receivables	403.05	555.39	362.21	348.69	348.52	381.41	Upgrade
Inventory	110.73	120.03	133.7	104.91	105.31	82.47	Upgrade
Prepaid Expenses	-	-	-	0.35	-	-	Upgrade
Other Current Assets	166.77	7.02	17.34	2.98	1.44	5.69	Upgrade
Total Current Assets	1,277	1,395	979	1,028	953.4	633.42	Upgrade
Property, Plant & Equipment	1,492	1,150	315.18	291.74	239.92	158.77	Upgrade
Long-Term Investments	-	-	-	-	4	4	Upgrade
Other Intangible Assets	62.95	46.56	47.85	34.7	35.75	36.6	Upgrade
Long-Term Deferred Tax Assets	50.3	25.42	11.27	6.77	7.85	4.15	Upgrade
Long-Term Deferred Charges	1.32	0.94	1.48	1.51	1.87	5.71	Upgrade
Other Long-Term Assets	76.27	233.11	374.97	6.56	4.65	7.13	Upgrade
Total Assets	2,959	2,851	1,730	1,369	1,247	849.8	Upgrade
Accounts Payable	241.32	271.3	153.99	221.46	183.04	263.85	Upgrade
Accrued Expenses	11.37	27.15	17.7	16.48	19.79	15.19	Upgrade
Short-Term Debt	496.36	385.2	225.21	70.5	49.32	156.46	Upgrade
Current Portion of Long-Term Debt	47.64	96.67	73.8	-	-	-	Upgrade
Current Portion of Leases	-	4.36	2.94	1.84	1.31	-	Upgrade
Current Income Taxes Payable	7	1.24	0.34	2.11	8.12	4.75	Upgrade
Current Unearned Revenue	3.65	1.82	1.68	1.06	0.29	0.17	Upgrade
Other Current Liabilities	252.09	145.98	67.36	33.49	29.39	32.68	Upgrade
Total Current Liabilities	1,059	933.71	543.02	346.94	291.26	473.1	Upgrade
Long-Term Debt	771.02	810.02	121.1	-	-	-	Upgrade
Long-Term Leases	0.56	1.5	3.13	4.65	1.58	-	Upgrade
Long-Term Unearned Revenue	104.29	64.82	8.83	11.37	22.4	0.95	Upgrade
Total Liabilities	1,935	1,810	676.07	362.97	315.24	474.05	Upgrade
Common Stock	73.47	73.48	73.61	73.1	73.1	54.82	Upgrade
Additional Paid-In Capital	650.99	649.48	644.14	629.42	627.34	187.67	Upgrade
Retained Earnings	307.48	326.29	347.02	303	232.03	133.37	Upgrade
Treasury Stock	-8.34	-8.67	-11.56	-	-	-	Upgrade
Comprehensive Income & Other	0.45	0.54	0.46	0.35	-0.27	-0.12	Upgrade
Total Common Equity	1,024	1,041	1,054	1,006	932.19	375.75	Upgrade
Minority Interest	-	-0	-	-	-	-	Upgrade
Shareholders' Equity	1,024	1,041	1,054	1,006	932.19	375.75	Upgrade
Total Liabilities & Equity	2,959	2,851	1,730	1,369	1,247	849.8	Upgrade
Total Debt	1,316	1,298	426.18	76.99	52.2	156.46	Upgrade
Net Cash (Debt)	-719.33	-584.81	39.58	493.65	445.92	7.4	Upgrade
Net Cash Growth	-	-	-91.98%	10.70%	5926.40%	-84.93%	Upgrade
Net Cash Per Share	-9.86	-7.95	0.54	6.77	7.32	0.14	Upgrade
Filing Date Shares Outstanding	73.47	73.48	73.61	73.1	73.1	54.82	Upgrade
Total Common Shares Outstanding	73.47	73.48	73.61	73.1	73.1	54.82	Upgrade
Working Capital	217.36	461.68	435.98	680.62	662.13	160.33	Upgrade
Book Value Per Share	13.94	14.17	14.31	13.76	12.75	6.85	Upgrade
Tangible Book Value	961.09	994.56	1,006	971.17	896.44	339.15	Upgrade
Tangible Book Value Per Share	13.08	13.53	13.66	13.29	12.26	6.19	Upgrade
Buildings	-	269.79	147.09	119.62	107.12	98.8	Upgrade
Machinery	-	696.29	220.56	154.2	121.24	87.38	Upgrade
Construction In Progress	-	301.39	32.91	80.11	55.36	7.01	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.