DBAPPSecurity 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
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
Cash & Equivalents	1,092	1,715	1,542	1,853	2,014	1,313
Trading Asset Securities	157.57	204.25	170.36	273.18	391.23	170.68
Cash & Short-Term Investments	1,249	1,919	1,712	2,126	2,405	1,483
Cash Growth	-17.21%	12.08%	-19.47%	-11.60%	62.14%	0.03%
Accounts Receivable	603.22	715.03	775.41	701.99	491.18	292.83
Other Receivables	28.15	63.75	80.63	84.96	102.79	66.56
Receivables	631.38	778.78	856.04	786.95	593.96	359.38
Inventory	283.62	257.25	236.03	207.78	193.15	115.22
Other Current Assets	53.2	34.25	31.18	25.66	18.67	8.67
Total Current Assets	2,217	2,989	2,835	3,146	3,211	1,967
Property, Plant & Equipment	913.38	893.96	838.86	644.53	543.05	317.48
Long-Term Investments	833.93	877.31	982.38	861.59	816.48	133.59
Goodwill	110.55	105	104.34	104.34	104.34	1.62
Other Intangible Assets	69.6	68.24	65.76	67.65	66.36	19.5
Long-Term Deferred Tax Assets	98.3	92.41	129.46	147.2	70.87	8.35
Long-Term Deferred Charges	4.8	7.82	13.74	23.63	22.72	4.34
Other Long-Term Assets	3.53	1.99	8.48	18.83	17.21	11.7
Total Assets	4,251	5,036	4,978	5,014	4,852	2,463
Accounts Payable	505.97	584.44	485.73	333.72	258.49	174.63
Accrued Expenses	88.12	306.13	305.33	377.26	347.36	267.76
Short-Term Debt	450.35	489.99	253.5	141.08	131.22	-
Current Portion of Long-Term Debt	481.57	458.75	598	105.69	57.22	22.14
Current Portion of Leases	-	22.59	36.13	33.23	27.28	-
Current Income Taxes Payable	15.38	0.83	1.02	1.43	2.94	0.06
Current Unearned Revenue	217.9	217.91	200.53	200.38	155.22	161.6
Other Current Liabilities	75.41	116.83	109.8	83.96	76.5	69.3
Total Current Liabilities	1,835	2,197	1,990	1,277	1,056	695.49
Long-Term Debt	76	243.6	335.4	766.91	618.62	85
Long-Term Leases	48.65	61.44	80.41	34.26	47.71	-
Long-Term Unearned Revenue	5.78	6.02	6.88	11.68	17.91	10.52
Long-Term Deferred Tax Liabilities	0.93	0.9	1.11	1.18	1.6	0.07
Total Liabilities	1,966	2,509	2,414	2,091	1,742	791.07
Common Stock	102.07	102.27	78.96	78.83	78.5	74.07
Additional Paid-In Capital	2,732	2,743	2,770	2,813	2,700	1,255
Retained Earnings	-625.89	-419.82	-276.26	83.54	337.18	340.53
Treasury Stock	-82.79	-96.31	-110.34	-50.1	-	-
Comprehensive Income & Other	144.65	180.31	97.3	-18.18	-24.32	-
Total Common Equity	2,270	2,509	2,560	2,907	3,091	1,669
Minority Interest	15.45	17.13	4.54	16.15	18.23	2.62
Shareholders' Equity	2,285	2,526	2,564	2,923	3,110	1,672
Total Liabilities & Equity	4,251	5,036	4,978	5,014	4,852	2,463
Total Debt	1,057	1,276	1,303	1,081	882.04	107.14
Net Cash (Debt)	192.59	642.4	408.56	1,045	1,523	1,376
Net Cash Growth	56.30%	57.23%	-60.90%	-31.39%	10.67%	1.72%
Net Cash Per Share	1.89	6.30	4.01	10.24	15.54	14.27
Filing Date Shares Outstanding	101.88	100.41	102.01	102.04	102.06	96.3
Total Common Shares Outstanding	101.88	100.41	102.02	102.04	102.06	96.3
Working Capital	382.67	791.58	845.21	1,870	2,155	1,271
Book Value Per Share	22.28	24.99	25.09	28.49	30.29	17.34
Tangible Book Value	2,090	2,336	2,390	2,735	2,921	1,648
Tangible Book Value Per Share	20.51	23.26	23.43	26.80	28.62	17.12
Buildings	-	301.45	301.45	286.05	285.8	172.8
Machinery	-	323.3	338.14	299.86	228.92	171
Construction In Progress	-	416.91	268.7	107.43	28.47	9.57

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