Zwsoft 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	-	292.91	588.91	486.99	514.06
Short-Term Investments	-	-	-	-	51.9
Trading Asset Securities	-	1,726	1,597	1,994	1,959
Cash & Short-Term Investments	1,996	2,019	2,186	2,481	2,525
Cash Growth	-1.10%	-7.65%	-11.92%	-1.74%	431.68%
Accounts Receivable	-	138.43	125.96	83.07	107.8
Other Receivables	-	32.75	32.1	39.58	25.6
Receivables	-	171.18	158.07	122.64	133.4
Inventory	-	22.3	26	3.01	2.35
Other Current Assets	-	34.68	28.53	17.31	13.69
Total Current Assets	-	2,247	2,398	2,624	2,675
Property, Plant & Equipment	-	352.3	276.57	139.44	112.47
Long-Term Investments	-	37.46	46.62	42.35	32.05
Goodwill	-	110.85	127.58	-	-
Other Intangible Assets	-	370.72	387.38	304.11	277.28
Long-Term Deferred Tax Assets	-	40.03	27.99	12.83	2.24
Long-Term Deferred Charges	-	10.73	13.52	12.34	10.13
Other Long-Term Assets	-	1.42	4.05	3.55	8.29
Total Assets	-	3,170	3,282	3,139	3,117
Accounts Payable	-	18.37	16.99	3.01	1.49
Accrued Expenses	-	154.69	198.35	150.94	121.26
Short-Term Debt	-	-	15	-	-
Current Portion of Leases	-	15.26	25.47	25.39	18.64
Current Income Taxes Payable	-	5.46	1.11	-	11.86
Current Unearned Revenue	-	136.8	145.48	99.04	56.22
Other Current Liabilities	-	61.59	41.72	18.6	11.46
Total Current Liabilities	-	392.17	444.12	296.99	220.94
Long-Term Leases	-	5.85	16.87	11.37	21.33
Long-Term Unearned Revenue	-	68.34	83.89	93.49	61.3
Long-Term Deferred Tax Liabilities	-	9.72	11.61	4.49	1.4
Total Liabilities	-	476.08	556.48	406.34	304.96
Common Stock	-	121.3	121.3	86.67	61.94
Additional Paid-In Capital	-	2,269	2,294	2,354	2,397
Retained Earnings	-	326.6	317.02	298.9	354.36
Treasury Stock	-	-34.29	-48.4	-27.34	-
Comprehensive Income & Other	-	-0.55	-0.89	-1.26	-1.03
Total Common Equity	2,594	2,682	2,683	2,711	2,812
Minority Interest	-	12.11	42.82	22.09	-
Shareholders' Equity	2,607	2,694	2,726	2,733	2,812
Total Liabilities & Equity	-	3,170	3,282	3,139	3,117
Total Debt	174.64	21.11	57.33	36.77	39.96
Net Cash (Debt)	1,822	1,997	2,128	2,445	2,485
Net Cash Growth	-8.80%	-6.16%	-12.94%	-1.64%	423.26%
Net Cash Per Share	11.00	11.82	12.63	14.54	15.57
Filing Date Shares Outstanding	151.9	168.98	169.22	169.68	169.97
Total Common Shares Outstanding	151.9	168.98	169.53	169.68	169.97
Working Capital	-	1,854	1,954	2,327	2,454
Book Value Per Share	15.04	15.87	15.82	15.97	16.55
Tangible Book Value	2,134	2,200	2,168	2,407	2,535
Tangible Book Value Per Share	12.37	13.02	12.79	14.18	14.91
Buildings	-	106.74	106.66	62.59	55.6
Machinery	-	57.71	49.4	30.57	22.12
Construction In Progress	-	217.04	114.06	35.7	12.97

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