Keystone Technology Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	354.24	706.64	415.38	451.57	439.81
Trading Asset Securities	19.78	6.31	50.38	119.06	58.32
Cash & Short-Term Investments	374.02	712.95	465.76	570.64	498.13
Cash Growth	-47.54%	53.07%	-18.38%	14.56%	204.00%
Accounts Receivable	374.6	405.24	264.59	341.14	330.55
Other Receivables	207.85	150.15	97.62	7.55	17.97
Receivables	582.45	555.39	362.21	348.69	348.52
Inventory	107.24	120.03	133.7	104.91	105.31
Prepaid Expenses	-	-	-	0.35	-
Other Current Assets	4.18	7.02	17.34	2.98	1.44
Total Current Assets	1,068	1,395	979	1,028	953.4
Property, Plant & Equipment	1,599	1,150	315.18	291.74	239.92
Long-Term Investments	-	-	-	-	4
Other Intangible Assets	62.93	46.56	47.85	34.7	35.75
Long-Term Deferred Tax Assets	43.29	25.42	11.27	6.77	7.85
Long-Term Deferred Charges	0.71	0.94	1.48	1.51	1.87
Other Long-Term Assets	0.58	233.11	374.97	6.56	4.65
Total Assets	2,774	2,851	1,730	1,369	1,247
Accounts Payable	261.95	271.3	153.99	221.46	183.04
Accrued Expenses	30.43	27.15	17.7	16.48	19.79
Short-Term Debt	391.31	385.2	225.21	70.5	49.32
Current Portion of Long-Term Debt	28.64	96.67	73.8	-	-
Current Portion of Leases	5.47	4.36	2.94	1.84	1.31
Current Income Taxes Payable	1.16	1.24	0.34	2.11	8.12
Current Unearned Revenue	1.25	1.82	1.68	1.06	0.29
Other Current Liabilities	161.36	145.98	67.36	33.49	29.39
Total Current Liabilities	881.57	933.71	543.02	346.94	291.26
Long-Term Debt	823.13	810.02	121.1	-	-
Long-Term Leases	0.73	1.5	3.13	4.65	1.58
Long-Term Unearned Revenue	101.28	64.82	8.83	11.37	22.4
Total Liabilities	1,807	1,810	676.07	362.97	315.24
Common Stock	73.47	73.48	73.61	73.1	73.1
Additional Paid-In Capital	646.29	649.48	644.14	629.42	627.34
Retained Earnings	256.02	326.29	347.02	303	232.03
Treasury Stock	-8.36	-8.67	-11.56	-	-
Comprehensive Income & Other	0.38	0.54	0.46	0.35	-0.27
Total Common Equity	967.8	1,041	1,054	1,006	932.19
Minority Interest	-	-0	-	-	-
Shareholders' Equity	967.8	1,041	1,054	1,006	932.19
Total Liabilities & Equity	2,774	2,851	1,730	1,369	1,247
Total Debt	1,249	1,298	426.18	76.99	52.2
Net Cash (Debt)	-875.26	-584.81	39.58	493.65	445.92
Net Cash Growth	-	-	-91.98%	10.70%	5926.40%
Net Cash Per Share	-11.95	-7.95	0.54	6.77	7.32
Filing Date Shares Outstanding	73.47	73.48	73.61	73.1	73.1
Total Common Shares Outstanding	73.47	73.48	73.61	73.1	73.1
Working Capital	186.33	461.68	435.98	680.62	662.13
Book Value Per Share	13.17	14.17	14.31	13.76	12.75
Tangible Book Value	904.87	994.56	1,006	971.17	896.44
Tangible Book Value Per Share	12.32	13.53	13.66	13.29	12.26
Buildings	269.53	269.79	147.09	119.62	107.12
Machinery	1,141	696.29	220.56	154.2	121.24
Construction In Progress	409.77	301.39	32.91	80.11	55.36

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.