QuantumCTek 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	1,234	1,434	2,275	464.29	542.11	656.21
Trading Asset Securities	1,253	1,102	362.81	472.73	482.96	282.42
Cash & Short-Term Investments	2,487	2,535	2,638	937.02	1,025	938.63
Cash Growth	-2.24%	-3.89%	181.52%	-8.59%	9.21%	-15.31%
Accounts Receivable	143.57	166.91	159.32	149.73	186.19	276.89
Other Receivables	9.29	10.98	5.99	4.59	13.88	13.41
Receivables	152.86	177.89	165.3	154.33	200.07	290.29
Inventory	301.2	281.89	214.8	136.02	119.05	131.93
Prepaid Expenses	-	-	-	4.74	4.92	-
Other Current Assets	37.94	36.17	30.36	28.4	34.01	24.57
Total Current Assets	2,979	3,031	3,048	1,260	1,383	1,385
Property, Plant & Equipment	315.02	316.34	252.74	196	245.89	210.27
Long-Term Investments	43.5	44.48	35.92	50.51	27.54	57.96
Goodwill	0.24	0.24	0.24	0.24	0.24	-
Other Intangible Assets	143.44	147.58	134.7	156.19	100.34	121.29
Long-Term Accounts Receivable	4.08	16.51	8.02	47.31	74.04	84.37
Long-Term Deferred Tax Assets	10.39	10.46	10.77	10.45	32.51	37.2
Long-Term Deferred Charges	2.55	2.75	28.72	15.76	67.91	17.74
Other Long-Term Assets	69.89	56.64	49.77	45.62	11.7	62
Total Assets	3,569	3,626	3,569	1,783	1,943	1,976
Accounts Payable	114.62	140.71	128.48	66.13	41.31	35.43
Accrued Expenses	8.78	19.78	23.4	15.85	16.4	19.05
Short-Term Debt	-	-	-	-	50.04	-
Current Portion of Leases	1.85	1.82	1.85	1.31	1.18	1.1
Current Income Taxes Payable	6.19	4.98	4.98	4.98	4.98	4.98
Current Unearned Revenue	82.48	75.43	42.09	51.09	17.89	55.44
Other Current Liabilities	3.51	7.55	11.71	23.6	49.62	55.18
Total Current Liabilities	217.42	250.27	212.51	162.95	181.43	171.17
Long-Term Leases	5.55	5.55	6.01	1.2	1.55	2.82
Long-Term Unearned Revenue	101.07	106.08	91.29	95.52	105.88	120.35
Long-Term Deferred Tax Liabilities	1.49	1.34	1.85	0.84	1	0.36
Other Long-Term Liabilities	9.9	10.91	10.13	8.67	7.83	8.47
Total Liabilities	335.43	374.15	321.79	269.19	297.68	303.17
Common Stock	102.86	102.86	102.86	80.22	80.19	80
Additional Paid-In Capital	3,097	3,097	3,097	1,351	1,354	1,301
Retained Earnings	29.01	48.02	42.63	74.4	198.32	284.43
Comprehensive Income & Other	-3.14	-3.14	-3.14	-1.13	-	-
Total Common Equity	3,226	3,245	3,240	1,505	1,632	1,665
Minority Interest	6.99	7.08	7.72	8.85	13.42	7.75
Shareholders' Equity	3,233	3,252	3,247	1,513	1,646	1,673
Total Liabilities & Equity	3,569	3,626	3,569	1,783	1,943	1,976
Total Debt	7.4	7.37	7.85	2.51	52.77	3.91
Net Cash (Debt)	2,480	2,528	2,630	934.51	972.3	934.72
Net Cash Growth	-2.23%	-3.88%	181.44%	-3.89%	4.02%	-15.66%
Net Cash Per Share	22.78	23.44	33.04	11.61	12.07	11.58
Filing Date Shares Outstanding	102.86	102.86	102.86	80.22	80.19	80
Total Common Shares Outstanding	102.86	102.86	102.86	80.22	80.19	80
Working Capital	2,762	2,781	2,836	1,098	1,202	1,214
Book Value Per Share	31.36	31.55	31.50	18.75	20.35	20.82
Tangible Book Value	3,082	3,097	3,105	1,348	1,532	1,544
Tangible Book Value Per Share	29.97	30.11	30.18	16.80	19.10	19.30
Buildings	-	114.27	115.8	118.35	150.77	105.2
Machinery	-	257.99	242.88	234.27	221.67	186.29
Construction In Progress	-	136.08	67.59	4.81	4.82	11.74

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