Pylon Technologies 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	3,544	4,695	3,539	4,287	1,262	1,235
Trading Asset Securities	2,682	1,939	2,787	2,063	716.2	200.77
Cash & Short-Term Investments	6,226	6,633	6,326	6,350	1,978	1,436
Cash Growth	-3.20%	4.87%	-0.38%	220.95%	37.80%	-36.31%
Accounts Receivable	1,156	1,184	945.58	1,320	1,986	654.16
Other Receivables	17.87	4.88	2.97	12.61	264.61	25.42
Receivables	1,174	1,189	948.54	1,332	2,251	679.58
Inventory	2,231	1,586	719.95	706.9	1,416	687.18
Other Current Assets	355.77	417.92	316.45	261.71	314.66	375.5
Total Current Assets	9,986	9,826	8,310	8,651	5,959	3,178
Property, Plant & Equipment	2,816	2,809	2,899	2,996	1,705	832.96
Long-Term Investments	44.23	44.23	30	32.56	-	-
Other Intangible Assets	149.41	153.17	157.57	156.44	141.22	23.96
Long-Term Accounts Receivable	-	6.92	0.65	0.28	0.2	0.49
Long-Term Deferred Tax Assets	182.68	170.53	95.38	81.78	113.53	18.9
Long-Term Deferred Charges	96.29	106.96	148.82	183.9	131.73	58.86
Other Long-Term Assets	266.46	124.09	21.31	29.5	38.46	153.07
Total Assets	13,541	13,241	11,663	12,131	8,090	4,266
Accounts Payable	2,698	2,115	616.82	415.37	2,074	636.06
Accrued Expenses	88.4	101.42	123.41	200.37	240.64	79.77
Short-Term Debt	169	170.03	55.01	-	398.54	130.46
Current Portion of Leases	-	326.13	179.97	76.47	16.24	54.56
Current Income Taxes Payable	15.02	0.46	0.03	1.64	149.55	1.15
Current Unearned Revenue	129.19	100.41	61.87	82.42	43.65	40.58
Other Current Liabilities	15.75	374.3	529.22	826.62	494.9	196.34
Total Current Liabilities	3,442	3,188	1,566	1,603	3,417	1,139
Long-Term Leases	183.66	181.59	311.73	422.61	287.28	149.72
Long-Term Unearned Revenue	166.14	-	-	167.76	15.51	7.52
Long-Term Deferred Tax Liabilities	-	170.39	170.9	-	8.94	0.12
Other Long-Term Liabilities	491.18	475.53	415.14	407.3	50.4	-
Total Liabilities	4,283	4,015	2,464	2,601	3,780	1,296
Common Stock	245.36	245.36	245.36	175.63	154.84	154.84
Additional Paid-In Capital	7,521	7,506	7,473	7,522	2,370	2,207
Retained Earnings	1,777	1,754	1,777	1,918	1,785	608.04
Treasury Stock	-319.99	-319.99	-319.99	-94.88	-	-
Comprehensive Income & Other	16.21	18.88	-0.32	2.69	-	-
Total Common Equity	9,239	9,204	9,175	9,523	4,310	2,970
Minority Interest	19.08	21.3	23.78	6.85	-	-
Shareholders' Equity	9,258	9,226	9,199	9,530	4,310	2,970
Total Liabilities & Equity	13,541	13,241	11,663	12,131	8,090	4,266
Total Debt	679.33	677.75	546.7	499.07	702.07	334.73
Net Cash (Debt)	5,547	5,955	5,779	5,851	1,276	1,101
Net Cash Growth	-6.57%	3.06%	-1.23%	358.39%	15.93%	-49.91%
Net Cash Per Share	22.70	24.60	23.90	24.05	5.87	5.07
Filing Date Shares Outstanding	247.65	239.36	239.36	244.07	216.78	216.78
Total Common Shares Outstanding	247.65	239.36	239.36	244.8	216.78	216.78
Working Capital	6,544	6,638	6,744	7,048	2,542	2,039
Book Value Per Share	37.31	38.45	38.33	38.90	19.88	13.70
Tangible Book Value	9,090	9,051	9,017	9,367	4,169	2,946
Tangible Book Value Per Share	36.70	37.81	37.67	38.26	19.23	13.59
Buildings	-	936.62	805.98	379.1	195.91	80.29
Machinery	-	2,141	1,912	1,547	1,037	502.27
Construction In Progress	-	82.74	277.6	934.97	366.07	153.9

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