Darbond Technology Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	466.28	510.2	376.39	688.22	85.51
Short-Term Investments	-	505.17	22.04	-	-
Trading Asset Securities	383.07	278.76	332.3	713.43	-
Cash & Short-Term Investments	849.35	1,294	730.72	1,402	85.51
Cash Growth	-34.37%	77.10%	-47.87%	1539.24%	112.22%
Accounts Receivable	629.98	356.39	473.93	445.89	164.51
Other Receivables	2.6	30.57	21.07	27.02	9.72
Receivables	632.57	386.96	495	472.91	174.23
Inventory	218.74	164.5	171.78	146.19	133.44
Prepaid Expenses	-	0.01	0.04	0.04	0.11
Other Current Assets	181.1	14.8	8.91	15.6	14.55
Total Current Assets	1,882	1,860	1,406	2,036	407.84
Property, Plant & Equipment	1,061	869.96	664.74	406.05	298.76
Long-Term Investments	68.44	18	-	-	-
Goodwill	202.75	7.1	7.1	7.1	7.1
Other Intangible Assets	141.91	132.64	134.6	104.78	95.59
Long-Term Deferred Tax Assets	35.62	25.84	21.46	13.31	7.07
Long-Term Deferred Charges	21.05	18.99	13.98	8.41	6.82
Other Long-Term Assets	32.9	36.82	492.36	7.65	1.1
Total Assets	3,446	2,970	2,741	2,584	824.28
Accounts Payable	494.31	337.35	201.44	138.19	72.25
Accrued Expenses	68.4	43.77	24.23	46.81	27.47
Short-Term Debt	144.61	114.45	89.54	54.3	30
Current Portion of Long-Term Debt	18.43	-	13.57	7.91	-
Current Portion of Leases	-	4.05	2.35	2.28	2.25
Current Income Taxes Payable	14.41	10.55	6.76	6.65	2.49
Current Unearned Revenue	7.97	6.94	6.93	5.14	3.5
Other Current Liabilities	75.88	64.5	33.01	55.72	27.57
Total Current Liabilities	824	581.61	377.83	317.01	165.53
Long-Term Debt	160.58	-	18.54	31.88	40.26
Long-Term Leases	3.79	3.72	2.09	0.48	1.69
Long-Term Unearned Revenue	75.92	72.89	54.85	32.67	24.57
Long-Term Deferred Tax Liabilities	2.82	1.13	0.73	0.66	0
Other Long-Term Liabilities	28.62	-	-	-	-
Total Liabilities	1,096	659.35	454.04	382.69	232.05
Common Stock	142.24	142.24	142.24	142.24	106.68
Additional Paid-In Capital	1,826	1,840	1,828	1,819	367.17
Retained Earnings	424.57	366.16	304.07	243.79	120.79
Treasury Stock	-68.43	-54.07	-4.26	-	-
Comprehensive Income & Other	-0.45	-0.2	0.03	-	-
Total Common Equity	2,324	2,294	2,270	2,205	594.63
Minority Interest	25.7	16.35	16.25	-4.12	-2.41
Shareholders' Equity	2,350	2,310	2,287	2,201	592.22
Total Liabilities & Equity	3,446	2,970	2,741	2,584	824.28
Total Debt	327.4	122.22	126.09	96.85	74.19
Net Cash (Debt)	521.95	1,172	604.63	1,305	11.31
Net Cash Growth	-55.46%	93.82%	-53.66%	11434.58%	-70.46%
Net Cash Per Share	3.69	8.30	4.23	11.24	0.11
Filing Date Shares Outstanding	147.86	140.91	141.36	142.24	106.68
Total Common Shares Outstanding	147.86	140.91	142.16	142.24	106.68
Working Capital	1,058	1,279	1,029	1,719	242.31
Book Value Per Share	15.72	16.28	15.97	15.50	5.57
Tangible Book Value	1,980	2,154	2,129	2,093	491.94
Tangible Book Value Per Share	13.39	15.29	14.97	14.72	4.61
Buildings	-	419.09	176.5	175.83	130.01
Machinery	-	390.65	267.49	189.85	144.23
Construction In Progress	-	192.16	314.64	138.5	102.59

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.