Shenzhen Kiwi Instruments 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	192.24	845.87	964.01	724.17	452.3	274.93
Trading Asset Securities	659.25	-	-	239.66	552.32	-
Cash & Short-Term Investments	851.49	845.87	964.01	963.83	1,005	274.93
Cash Growth	-12.07%	-12.26%	0.02%	-4.06%	265.41%	98.37%
Accounts Receivable	125.24	136.31	132.64	88.41	69.39	72.4
Other Receivables	12.36	12.73	20.8	32.31	54.53	13.54
Receivables	137.6	149.04	153.44	120.73	123.92	85.95
Inventory	170.54	151.74	169	160.12	156.82	119.31
Other Current Assets	25.36	23.21	13.15	30.64	37.51	24.03
Total Current Assets	1,185	1,170	1,300	1,275	1,323	504.22
Property, Plant & Equipment	167.8	170.8	101.8	87.26	77.59	17.98
Long-Term Investments	133.48	113.48	18	-	7.46	-
Goodwill	247.49	247.49	22.65	22.65	-	-
Other Intangible Assets	41.08	42.37	5.95	6.84	3	2.99
Long-Term Deferred Tax Assets	5.56	5.53	2.93	3.99	0.95	0.24
Long-Term Deferred Charges	2.38	2.42	4.03	3.11	3.73	1.16
Other Long-Term Assets	4.8	3.98	4.72	42.58	51.01	37.45
Total Assets	1,788	1,756	1,460	1,442	1,467	564.04
Accounts Payable	103.89	50.17	28.64	58.82	30.76	24.96
Accrued Expenses	19.69	71.51	78.53	47.98	50.81	59.24
Short-Term Debt	0.01	0.01	11.1	-	-	-
Current Portion of Long-Term Debt	11.45	9.38	-	-	-	0.37
Current Portion of Leases	-	3.37	5.49	6.49	6.24	3.19
Current Income Taxes Payable	1.63	-	0.25	0.02	-	3.76
Current Unearned Revenue	3	2.57	2.39	3.7	2.73	8.91
Other Current Liabilities	15.54	4.1	5.04	4.34	5.13	3.7
Total Current Liabilities	155.21	141.13	131.44	121.35	95.67	104.13
Long-Term Debt	175.2	175.2	-	-	-	2.51
Long-Term Leases	4.21	4.79	10.31	11.1	15.71	4.72
Long-Term Unearned Revenue	1.93	1.36	0.09	-	-	0.15
Long-Term Deferred Tax Liabilities	5.61	5.77	-	1.35	0.17	0
Other Long-Term Liabilities	64.81	64.81	-	-	-	0.77
Total Liabilities	406.97	393.06	141.84	133.8	111.55	112.29
Common Stock	69.84	69.84	69.05	69.05	69.05	51.79
Additional Paid-In Capital	1,060	1,056	1,035	1,027	1,006	149.16
Retained Earnings	280.68	267.05	254.98	272.15	291.22	253.26
Treasury Stock	-3.77	-3.77	-3.77	-42.19	-	-
Comprehensive Income & Other	17.39	17.48	-	-	-	-
Total Common Equity	1,425	1,407	1,355	1,326	1,367	454.21
Minority Interest	-43.97	-44.09	-37.37	-18.1	-11.45	-2.46
Shareholders' Equity	1,381	1,363	1,318	1,308	1,355	451.75
Total Liabilities & Equity	1,788	1,756	1,460	1,442	1,467	564.04
Total Debt	190.88	192.76	26.9	17.59	21.95	10.79
Net Cash (Debt)	660.61	653.12	937.11	946.24	982.67	264.14
Net Cash Growth	-29.80%	-30.30%	-0.97%	-3.71%	272.03%	95.16%
Net Cash Per Share	9.33	9.19	13.64	13.89	15.79	5.10
Filing Date Shares Outstanding	68.15	69.75	68.96	68.14	69.05	51.79
Total Common Shares Outstanding	68.15	69.75	68.96	68.14	69.05	51.79
Working Capital	1,030	1,029	1,168	1,154	1,227	400.08
Book Value Per Share	20.90	20.17	19.65	19.46	19.79	8.77
Tangible Book Value	1,136	1,117	1,327	1,297	1,364	451.22
Tangible Book Value Per Share	16.67	16.02	19.24	19.03	19.75	8.71
Buildings	-	111.3	78.83	58.21	44.28	4.98
Machinery	-	43.31	27.64	24.48	18.21	9.33
Construction In Progress	-	43.28	-	-	-	-

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