Darbond Technology 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	497.75	466.28	510.2	376.39	688.22	85.51
Short-Term Investments	-	121.67	505.17	22.04	-	-
Trading Asset Securities	384.33	383.07	278.76	332.3	713.43	-
Cash & Short-Term Investments	882.08	971.01	1,294	730.72	1,402	85.51
Cash Growth	-4.00%	-24.97%	77.10%	-47.87%	1539.24%	112.22%
Accounts Receivable	590.98	629.98	356.39	473.93	445.89	164.51
Other Receivables	2.65	34.62	30.57	21.07	27.02	9.72
Receivables	593.62	664.59	386.96	495	472.91	174.23
Inventory	279.09	218.74	164.5	171.78	146.19	133.44
Prepaid Expenses	-	1.49	0.01	0.04	0.04	0.11
Other Current Assets	87.97	25.92	14.8	8.91	15.6	14.55
Total Current Assets	1,843	1,882	1,860	1,406	2,036	407.84
Property, Plant & Equipment	1,069	1,061	869.96	664.74	406.05	298.76
Long-Term Investments	67.68	68.44	18	-	-	-
Goodwill	202.75	202.75	7.1	7.1	7.1	7.1
Other Intangible Assets	140.63	141.91	132.64	134.6	104.78	95.59
Long-Term Deferred Tax Assets	37.99	35.62	25.84	21.46	13.31	7.07
Long-Term Deferred Charges	20.84	21.05	18.99	13.98	8.41	6.82
Other Long-Term Assets	42.76	32.9	36.82	492.36	7.65	1.1
Total Assets	3,424	3,446	2,970	2,741	2,584	824.28
Accounts Payable	496.48	494.31	337.35	201.44	138.19	72.25
Accrued Expenses	29.14	96.36	62.89	24.23	46.81	27.47
Short-Term Debt	114.7	144.61	114.45	89.54	54.3	30
Current Portion of Long-Term Debt	21.74	13.97	-	13.57	7.91	-
Current Portion of Leases	-	4.45	4.05	2.35	2.28	2.25
Current Income Taxes Payable	21.2	9.07	10.55	6.76	6.65	2.49
Current Unearned Revenue	9.83	7.97	6.94	6.93	5.14	3.5
Other Current Liabilities	62.32	53.26	45.37	33.01	55.72	27.57
Total Current Liabilities	755.41	824	581.61	377.83	317.01	165.53
Long-Term Debt	155.58	160.58	-	18.54	31.88	40.26
Long-Term Leases	2.88	3.79	3.72	2.09	0.48	1.69
Long-Term Unearned Revenue	86.55	75.92	72.89	54.85	32.67	24.57
Long-Term Deferred Tax Liabilities	2.82	2.82	1.13	0.73	0.66	0
Other Long-Term Liabilities	28.62	28.62	-	-	-	-
Total Liabilities	1,032	1,096	659.35	454.04	382.69	232.05
Common Stock	142.24	142.24	142.24	142.24	142.24	106.68
Additional Paid-In Capital	1,831	1,826	1,840	1,828	1,819	367.17
Retained Earnings	458.99	424.57	366.16	304.07	243.79	120.79
Treasury Stock	-68.43	-68.43	-54.07	-4.26	-	-
Comprehensive Income & Other	-0.39	-0.45	-0.2	0.03	-	-
Total Common Equity	2,363	2,324	2,294	2,270	2,205	594.63
Minority Interest	29.2	25.7	16.35	16.25	-4.12	-2.41
Shareholders' Equity	2,392	2,350	2,310	2,287	2,201	592.22
Total Liabilities & Equity	3,424	3,446	2,970	2,741	2,584	824.28
Total Debt	294.9	327.4	122.22	126.09	96.85	74.19
Net Cash (Debt)	587.18	643.62	1,172	604.63	1,305	11.31
Net Cash Growth	-28.79%	-45.08%	93.82%	-53.66%	11434.58%	-70.46%
Net Cash Per Share	4.14	4.55	8.30	4.23	11.24	0.11
Filing Date Shares Outstanding	143.39	140.56	140.91	141.36	142.24	106.68
Total Common Shares Outstanding	143.39	140.56	140.91	142.16	142.24	106.68
Working Capital	1,087	1,058	1,279	1,029	1,719	242.31
Book Value Per Share	16.48	16.53	16.28	15.97	15.50	5.57
Tangible Book Value	2,020	1,980	2,154	2,129	2,093	491.94
Tangible Book Value Per Share	14.09	14.08	15.29	14.97	14.72	4.61
Buildings	-	615.43	419.09	176.5	175.83	130.01
Machinery	-	500.25	390.65	267.49	189.85	144.23
Construction In Progress	-	131.71	192.16	314.64	138.5	102.59

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