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	Sep '26 Sep 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	105.47	249.03	292.91	588.91	486.99	514.06
Short-Term Investments	-	-	-	-	-	51.9
Trading Asset Securities	1,905	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	0.69%	0.44%	-7.65%	-11.92%	-1.74%	431.68%
Accounts Receivable	114.32	121.72	138.43	125.96	83.07	107.8
Other Receivables	17.72	32.14	32.75	32.1	39.58	25.6
Receivables	132.04	153.86	171.18	158.07	122.64	133.4
Inventory	30.24	23.84	22.3	26	3.01	2.35
Prepaid Expenses	-	-	0.01	-	-	-
Other Current Assets	44.55	43.09	34.67	28.53	17.31	13.69
Total Current Assets	2,217	2,248	2,247	2,398	2,624	2,675
Property, Plant & Equipment	378.23	398.71	352.3	276.57	139.44	112.47
Long-Term Investments	28.98	31.96	37.46	46.62	42.35	32.05
Goodwill	77.7	77.7	110.85	127.58	-	-
Other Intangible Assets	320.96	342.19	370.72	387.38	304.11	277.28
Long-Term Deferred Tax Assets	50.47	45.89	40.03	27.99	12.83	2.24
Long-Term Deferred Charges	2.46	7.05	10.73	13.52	12.34	10.13
Other Long-Term Assets	10.08	0.96	1.42	4.05	3.55	8.29
Total Assets	3,086	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	Sep '26 Sep 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	35.25	13.25	18.37	16.99	3.01	1.49
Accrued Expenses	62.39	150.23	154.69	198.35	150.94	121.26
Short-Term Debt	100.17	10.01	-	15	-	-
Current Portion of Leases	-	8.19	15.26	25.47	25.39	18.64
Current Income Taxes Payable	-	-	5.46	1.11	-	11.86
Current Unearned Revenue	207.09	156.54	136.8	145.48	99.04	56.22
Other Current Liabilities	36.91	48.33	61.59	41.72	18.6	11.46
Total Current Liabilities	441.8	386.55	392.17	444.12	296.99	220.94
Long-Term Leases	1.45	6.72	5.85	16.87	11.37	21.33
Long-Term Unearned Revenue	19.94	57.87	68.34	83.89	93.49	61.3
Long-Term Deferred Tax Liabilities	6.67	7.93	9.72	11.61	4.49	1.4
Other Long-Term Liabilities	39.9	-	-	-	-	-
Total Liabilities	509.76	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	Sep '26 Sep 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	2,245	2,224	2,269	2,294	2,354	2,397
Retained Earnings	221.6	286.99	326.6	317.02	298.9	354.36
Treasury Stock	-70.22	-	-34.29	-48.4	-27.34	-
Comprehensive Income & Other	0.56	0.79	-0.55	-0.89	-1.26	-1.03
Total Common Equity	2,566	2,682	2,682	2,683	2,711	2,812
Minority Interest	9.9	11.79	12.11	42.82	22.09	-
Shareholders' Equity	2,576	2,694	2,694	2,726	2,733	2,812
Total Liabilities & Equity	3,086	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	Sep '26 Sep 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	101.62	24.92	21.11	57.33	36.77	39.96
Net Cash (Debt)	1,908	2,003	1,997	2,128	2,445	2,485
Net Cash Growth	4.77%	0.26%	-6.16%	-12.94%	-1.64%	423.26%
Net Cash Per Share	11.49	11.58	11.87	12.63	14.54	15.57
Filing Date Shares Outstanding	138.18	169.45	168.98	169.22	169.68	169.97
Total Common Shares Outstanding	138.18	169.45	168.98	169.53	169.68	169.97
Working Capital	1,775	1,862	1,854	1,954	2,327	2,454
Book Value Per Share	18.57	15.83	15.87	15.82	15.97	16.55
Tangible Book Value	2,167	2,262	2,200	2,168	2,407	2,535
Tangible Book Value Per Share	15.69	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