DBAPPSecurity 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	1,198	1,464	1,715	1,542	1,853	2,014
Trading Asset Securities	132.95	162.61	204.25	170.36	273.18	391.23
Cash & Short-Term Investments	1,331	1,626	1,919	1,712	2,126	2,405
Cash Growth	-19.48%	-15.25%	12.08%	-19.47%	-11.60%	62.14%
Accounts Receivable	552.39	614.77	715.03	775.41	701.99	491.18
Other Receivables	21.73	62.57	63.75	80.63	84.96	102.79
Receivables	574.12	677.34	778.78	856.04	786.95	593.96
Inventory	320.05	268.78	257.25	236.03	207.78	193.15
Other Current Assets	82.49	34.56	34.25	31.18	25.66	18.67
Total Current Assets	2,307	2,607	2,989	2,835	3,146	3,211
Property, Plant & Equipment	926.77	922.13	893.96	838.86	644.53	543.05
Long-Term Investments	660.75	736.4	877.31	982.38	861.59	816.48
Goodwill	72.52	72.52	105	104.34	104.34	104.34
Other Intangible Assets	67.22	67.71	68.24	65.76	67.65	66.36
Long-Term Deferred Tax Assets	66.89	62.5	92.41	129.46	147.2	70.87
Long-Term Deferred Charges	3.63	4.46	7.82	13.74	23.63	22.72
Other Long-Term Assets	-	1.78	1.99	8.48	18.83	17.21
Total Assets	4,105	4,474	5,036	4,978	5,014	4,852
Accounts Payable	516.2	606.03	584.44	485.73	333.72	258.49
Accrued Expenses	101.13	309.24	306.13	305.33	377.26	347.36
Short-Term Debt	421.24	360.79	489.99	253.5	141.08	131.22
Current Portion of Long-Term Debt	228.79	301.66	458.75	598	105.69	57.22
Current Portion of Leases	-	20.4	22.59	36.13	33.23	27.28
Current Income Taxes Payable	7.57	0.87	0.83	1.02	1.43	2.94
Current Unearned Revenue	280.11	273.51	217.91	200.53	200.38	155.22
Other Current Liabilities	92.36	86.57	116.83	109.8	83.96	76.5
Total Current Liabilities	1,647	1,959	2,197	1,990	1,277	1,056
Long-Term Debt	160	70.5	243.6	335.4	766.91	618.62
Long-Term Leases	42.55	44.14	61.44	80.41	34.26	47.71
Long-Term Unearned Revenue	7.36	6.17	6.02	6.88	11.68	17.91
Long-Term Deferred Tax Liabilities	1.3	1.2	0.9	1.11	1.18	1.6
Total Liabilities	1,859	2,081	2,509	2,414	2,091	1,742
Common Stock	101.78	102.07	102.27	78.96	78.83	78.5
Additional Paid-In Capital	2,693	2,735	2,743	2,770	2,813	2,700
Retained Earnings	-582.91	-477.2	-419.82	-276.26	83.54	337.18
Treasury Stock	-31.09	-82.79	-96.31	-110.34	-50.1	-
Comprehensive Income & Other	48.37	96.11	180.31	97.3	-18.18	-24.32
Total Common Equity	2,229	2,373	2,509	2,560	2,907	3,091
Minority Interest	17.05	19.96	17.13	4.54	16.15	18.23
Shareholders' Equity	2,246	2,393	2,526	2,564	2,923	3,110
Total Liabilities & Equity	4,105	4,474	5,036	4,978	5,014	4,852
Total Debt	852.58	797.49	1,276	1,303	1,081	882.04
Net Cash (Debt)	477.99	828.76	642.4	408.56	1,045	1,523
Net Cash Growth	56.74%	29.01%	57.23%	-60.90%	-31.39%	10.67%
Net Cash Per Share	4.74	8.22	6.30	4.01	10.24	15.54
Filing Date Shares Outstanding	101.88	97.29	100.63	102.01	102.04	102.06
Total Common Shares Outstanding	101.88	97.29	100.63	102.02	102.04	102.06
Working Capital	659.81	647.85	791.58	845.21	1,870	2,155
Book Value Per Share	21.88	24.40	24.94	25.09	28.49	30.29
Tangible Book Value	2,090	2,233	2,336	2,390	2,735	2,921
Tangible Book Value Per Share	20.51	22.95	23.21	23.43	26.80	28.62
Buildings	-	777.28	301.45	301.45	286.05	285.8
Machinery	-	335.56	323.3	338.14	299.86	228.92
Construction In Progress	-	-	416.91	268.7	107.43	28.47

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