Darbond Technology 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	333.15	510.2	376.39	688.22	85.51	40.29
Short-Term Investments	263.36	505.17	22.04	-	-	-
Trading Asset Securities	224.06	278.76	332.3	713.43	-	-
Cash & Short-Term Investments	820.58	1,294	730.72	1,402	85.51	40.29
Cash Growth	21.98%	77.10%	-47.87%	1539.24%	112.22%	57.04%
Accounts Receivable	515.21	356.39	473.93	445.89	164.51	131.72
Other Receivables	3.29	30.57	21.07	27.02	9.72	19.12
Receivables	518.51	386.96	495	472.91	174.23	150.84
Inventory	193.02	164.5	171.78	146.19	133.44	64.55
Prepaid Expenses	-	0.01	0.04	0.04	0.11	-
Other Current Assets	176.69	14.8	8.91	15.6	14.55	5.37
Total Current Assets	1,709	1,860	1,406	2,036	407.84	261.04
Property, Plant & Equipment	1,015	869.96	664.74	406.05	298.76	193.42
Long-Term Investments	70.22	18	-	-	-	-
Goodwill	202.75	7.1	7.1	7.1	7.1	7.1
Other Intangible Assets	143.61	132.64	134.6	104.78	95.59	21.31
Long-Term Deferred Tax Assets	32.8	25.84	21.46	13.31	7.07	7.4
Long-Term Deferred Charges	18.57	18.99	13.98	8.41	6.82	5.74
Other Long-Term Assets	3.36	36.82	492.36	7.65	1.1	3.29
Total Assets	3,196	2,970	2,741	2,584	824.28	499.31
Accounts Payable	447.51	337.35	201.44	138.19	72.25	27.67
Accrued Expenses	41.45	43.77	24.23	46.81	27.47	22.73
Short-Term Debt	79.78	114.45	89.54	54.3	30	-
Current Portion of Long-Term Debt	-	-	13.57	7.91	-	-
Current Portion of Leases	3.8	4.05	2.35	2.28	2.25	-
Current Income Taxes Payable	12.85	10.55	6.76	6.65	2.49	1.25
Current Unearned Revenue	8	6.94	6.93	5.14	3.5	3.58
Other Current Liabilities	71.72	64.5	33.01	55.72	27.57	17.72
Total Current Liabilities	665.11	581.61	377.83	317.01	165.53	72.95
Long-Term Debt	116.12	-	18.54	31.88	40.26	2
Long-Term Leases	1.31	3.72	2.09	0.48	1.69	-
Long-Term Unearned Revenue	71.73	72.89	54.85	32.67	24.57	28.49
Long-Term Deferred Tax Liabilities	2.7	1.13	0.73	0.66	0	0.01
Total Liabilities	856.96	659.35	454.04	382.69	232.05	103.45
Common Stock	142.24	142.24	142.24	142.24	106.68	100
Additional Paid-In Capital	1,846	1,840	1,828	1,819	367.17	253.61
Retained Earnings	386.71	366.16	304.07	243.79	120.79	44.9
Treasury Stock	-59.36	-54.07	-4.26	-	-	-
Comprehensive Income & Other	-0.49	-0.2	0.03	-	-	-
Total Common Equity	2,315	2,294	2,270	2,205	594.63	398.51
Minority Interest	23.73	16.35	16.25	-4.12	-2.41	-2.65
Shareholders' Equity	2,339	2,310	2,287	2,201	592.22	395.86
Total Liabilities & Equity	3,196	2,970	2,741	2,584	824.28	499.31
Total Debt	201.01	122.22	126.09	96.85	74.19	2
Net Cash (Debt)	619.57	1,172	604.63	1,305	11.31	38.29
Net Cash Growth	12.42%	93.82%	-53.66%	11434.58%	-70.46%	-
Net Cash Per Share	4.41	8.30	4.23	11.24	0.11	0.38
Filing Date Shares Outstanding	140.75	140.91	141.36	142.24	106.68	100
Total Common Shares Outstanding	140.75	140.91	142.16	142.24	106.68	100
Working Capital	1,044	1,279	1,029	1,719	242.31	188.09
Book Value Per Share	16.45	16.28	15.97	15.50	5.57	3.99
Tangible Book Value	1,969	2,154	2,129	2,093	491.94	370.09
Tangible Book Value Per Share	13.99	15.29	14.97	14.72	4.61	3.70
Buildings	-	419.09	176.5	175.83	130.01	126.86
Machinery	-	390.65	267.49	189.85	144.23	120.94
Construction In Progress	-	192.16	314.64	138.5	102.59	12.44

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.