Zwsoft Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	176.89	249.03	292.91	588.91	486.99	514.06
Short-Term Investments	-	-	-	-	-	51.9
Trading Asset Securities	1,833	1,778	1,726	1,597	1,994	1,959
Cash & Short-Term Investments	2,010	2,027	2,019	2,186	2,481	2,525
Cash Growth	2.85%	0.44%	-7.65%	-11.92%	-1.74%	431.68%
Accounts Receivable	113.72	121.72	138.43	125.96	83.07	107.8
Other Receivables	19.74	32.14	32.75	32.1	39.58	25.6
Receivables	133.46	153.86	171.18	158.07	122.64	133.4
Inventory	25.88	23.84	22.3	26	3.01	2.35
Prepaid Expenses	-	-	0.01	-	-	-
Other Current Assets	42.2	43.09	34.67	28.53	17.31	13.69
Total Current Assets	2,211	2,248	2,247	2,398	2,624	2,675
Property, Plant & Equipment	383.11	398.71	352.3	276.57	139.44	112.47
Long-Term Investments	32.38	31.96	37.46	46.62	42.35	32.05
Goodwill	77.7	77.7	110.85	127.58	-	-
Other Intangible Assets	328.3	342.19	370.72	387.38	304.11	277.28
Long-Term Deferred Tax Assets	48.15	45.89	40.03	27.99	12.83	2.24
Long-Term Deferred Charges	3.15	7.05	10.73	13.52	12.34	10.13
Other Long-Term Assets	8.72	0.96	1.42	4.05	3.55	8.29
Total Assets	3,093	3,153	3,170	3,282	3,139	3,117

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	39.99	13.25	18.37	16.99	3.01	1.49
Accrued Expenses	50.5	150.23	154.69	198.35	150.94	121.26
Short-Term Debt	71.81	10.01	-	15	-	-
Current Portion of Leases	-	8.19	15.26	25.47	25.39	18.64
Current Income Taxes Payable	19.63	-	5.46	1.11	-	11.86
Current Unearned Revenue	189.31	156.54	136.8	145.48	99.04	56.22
Other Current Liabilities	24.12	48.33	61.59	41.72	18.6	11.46
Total Current Liabilities	395.36	386.55	392.17	444.12	296.99	220.94
Long-Term Leases	2.3	6.72	5.85	16.87	11.37	21.33
Long-Term Unearned Revenue	26.28	57.87	68.34	83.89	93.49	61.3
Long-Term Deferred Tax Liabilities	7.11	7.93	9.72	11.61	4.49	1.4
Other Long-Term Liabilities	44.28	-	-	-	-	-
Total Liabilities	475.32	459.06	476.08	556.48	406.34	304.96

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	169.65	169.65	121.3	121.3	86.67	61.94
Additional Paid-In Capital	2,236	2,224	2,269	2,294	2,354	2,397
Retained Earnings	210.43	286.99	326.6	317.02	298.9	354.36
Treasury Stock	-10.44	-	-34.29	-48.4	-27.34	-
Comprehensive Income & Other	1.54	0.79	-0.55	-0.89	-1.26	-1.03
Total Common Equity	2,607	2,682	2,682	2,683	2,711	2,812
Minority Interest	10.47	11.79	12.11	42.82	22.09	-
Shareholders' Equity	2,617	2,694	2,694	2,726	2,733	2,812
Total Liabilities & Equity	3,093	3,153	3,170	3,282	3,139	3,117

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	74.11	24.92	21.11	57.33	36.77	39.96
Net Cash (Debt)	1,936	2,003	1,997	2,128	2,445	2,485
Net Cash Growth	9.13%	0.26%	-6.16%	-12.94%	-1.64%	423.26%
Net Cash Per Share	11.08	11.58	11.87	12.63	14.54	15.57
Filing Date Shares Outstanding	178.51	169.45	168.98	169.22	169.68	169.97
Total Common Shares Outstanding	178.51	169.45	168.98	169.53	169.68	169.97
Working Capital	1,816	1,862	1,854	1,954	2,327	2,454
Book Value Per Share	14.60	15.83	15.87	15.82	15.97	16.55
Tangible Book Value	2,201	2,262	2,200	2,168	2,407	2,535
Tangible Book Value Per Share	12.33	13.35	13.02	12.79	14.18	14.91
Buildings	-	348.93	109.47	106.66	62.59	55.6
Machinery	-	75.52	59.45	49.4	30.57	22.12
Construction In Progress	-	1.19	217.04	114.06	35.7	12.97