QuantumCTek 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	1,638	2,275	464.29	542.11	656.21	806.77
Trading Asset Securities	844.85	362.81	472.73	482.96	282.42	301.54
Cash & Short-Term Investments	2,483	2,638	937.02	1,025	938.63	1,108
Cash Growth	206.05%	181.52%	-8.59%	9.21%	-15.31%	129.91%
Accounts Receivable	214.68	159.32	149.73	186.19	276.89	257.18
Other Receivables	8.71	5.99	4.59	13.88	13.41	3.61
Receivables	223.39	165.3	154.33	200.07	290.29	260.79
Inventory	277.54	214.8	136.02	119.05	131.93	112.7
Prepaid Expenses	-	-	4.74	4.92	-	-
Other Current Assets	36.83	30.36	28.4	34.01	24.57	17.28
Total Current Assets	3,021	3,048	1,260	1,383	1,385	1,499
Property, Plant & Equipment	299.93	252.74	196	245.89	210.27	145.8
Long-Term Investments	37.1	35.92	50.51	27.54	57.96	47.45
Goodwill	0.24	0.24	0.24	0.24	-	-
Other Intangible Assets	153.96	134.7	156.19	100.34	121.29	122.37
Long-Term Accounts Receivable	1.78	8.02	47.31	74.04	84.37	32.09
Long-Term Deferred Tax Assets	10.49	10.77	10.45	32.51	37.2	26.48
Long-Term Deferred Charges	2.98	28.72	15.76	67.91	17.74	13.84
Other Long-Term Assets	38.57	49.77	45.62	11.7	62	37.84
Total Assets	3,566	3,569	1,783	1,943	1,976	1,925
Accounts Payable	131.43	128.48	66.13	41.31	35.43	37.13
Accrued Expenses	7.98	23.4	15.85	16.4	19.05	14.16
Short-Term Debt	-	-	-	50.04	-	-
Current Portion of Leases	1.7	1.85	1.31	1.18	1.1	-
Current Income Taxes Payable	6.13	4.98	4.98	4.98	4.98	7.07
Current Unearned Revenue	70.61	42.09	51.09	17.89	55.44	34.06
Other Current Liabilities	4.15	11.71	23.6	49.62	55.18	10.93
Total Current Liabilities	222	212.51	162.95	181.43	171.17	103.35
Long-Term Leases	5.75	6.01	1.2	1.55	2.82	-
Long-Term Unearned Revenue	105.22	91.29	95.52	105.88	120.35	134.22
Long-Term Deferred Tax Liabilities	1.86	1.85	0.84	1	0.36	0.23
Other Long-Term Liabilities	9.57	10.13	8.67	7.83	8.47	8.39
Total Liabilities	344.4	321.79	269.19	297.68	303.17	246.19
Common Stock	102.86	102.86	80.22	80.19	80	80
Additional Paid-In Capital	3,097	3,097	1,351	1,354	1,301	1,260
Retained Earnings	16.16	42.63	74.4	198.32	284.43	331.17
Comprehensive Income & Other	-3.14	-3.14	-1.13	-	-	-
Total Common Equity	3,213	3,240	1,505	1,632	1,665	1,671
Minority Interest	7.95	7.72	8.85	13.42	7.75	7.74
Shareholders' Equity	3,221	3,247	1,513	1,646	1,673	1,679
Total Liabilities & Equity	3,566	3,569	1,783	1,943	1,976	1,925
Total Debt	7.46	7.85	2.51	52.77	3.91	-
Net Cash (Debt)	2,475	2,630	934.51	972.3	934.72	1,108
Net Cash Growth	207.41%	181.44%	-3.89%	4.02%	-15.66%	129.91%
Net Cash Per Share	25.77	33.04	11.61	12.07	11.58	16.16
Filing Date Shares Outstanding	102.86	102.86	80.22	80.19	80	80
Total Common Shares Outstanding	102.86	102.86	80.22	80.19	80	80
Working Capital	2,799	2,836	1,098	1,202	1,214	1,396
Book Value Per Share	31.24	31.50	18.75	20.35	20.82	20.89
Tangible Book Value	3,059	3,105	1,348	1,532	1,544	1,549
Tangible Book Value Per Share	29.74	30.18	16.80	19.10	19.30	19.36
Buildings	-	115.8	118.35	150.77	105.2	2.96
Machinery	-	242.88	234.27	221.67	186.29	182.37
Construction In Progress	-	67.59	4.81	4.82	11.74	44.32

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