Bangyan Technology 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	-	228.84	238.87	647.1	94.94
Trading Asset Securities	-	326.94	363.9	-	-
Cash & Short-Term Investments	502.23	555.78	602.77	647.1	94.94
Cash Growth	-9.63%	-7.80%	-6.85%	581.61%	-25.86%
Accounts Receivable	-	346.22	349.96	472.94	410.94
Other Receivables	-	2.52	4.96	3.96	35.29
Receivables	-	348.74	354.91	476.9	446.23
Inventory	-	82.97	166.43	117.29	84.72
Prepaid Expenses	-	-	-	0.8	-
Other Current Assets	-	3.76	2.35	7.63	21.01
Total Current Assets	-	991.24	1,126	1,250	646.89
Property, Plant & Equipment	-	520.04	493.89	586.13	633.68
Other Intangible Assets	-	82.48	89.17	93.14	97.7
Long-Term Accounts Receivable	-	4.31	5.33	1.25	-
Long-Term Deferred Tax Assets	-	54.01	53.23	46.83	34.95
Long-Term Deferred Charges	-	4.74	9.96	5.65	0.45
Other Long-Term Assets	-	58.77	115.22	52.72	17.77
Total Assets	-	1,716	1,893	2,035	1,431
Accounts Payable	-	59.3	92.58	138.57	198.99
Accrued Expenses	-	23.56	23.95	25.61	31.04
Short-Term Debt	-	12	69.18	128.98	90.83
Current Portion of Leases	-	0.71	1.03	2.23	2.13
Current Income Taxes Payable	-	-	0.02	2.69	3.06
Current Unearned Revenue	-	44.31	63.08	9.64	12.49
Other Current Liabilities	-	53.74	44.87	82.74	69.72
Total Current Liabilities	-	193.61	294.71	390.45	408.26
Long-Term Debt	-	-	-	18	432.65
Long-Term Leases	-	0.37	1.09	0.5	2.57
Long-Term Unearned Revenue	-	59.81	64.51	41.98	17.97
Long-Term Deferred Tax Liabilities	-	1.46	0.52	0.4	-
Total Liabilities	-	255.26	360.83	451.34	861.45
Common Stock	-	152.23	152.23	152.23	114.17
Additional Paid-In Capital	-	1,523	1,522	1,521	584.69
Retained Earnings	-	-180.92	-144.31	-92.06	-133.18
Treasury Stock	-	-35	-	-	-
Total Common Equity	1,379	1,459	1,530	1,581	565.68
Minority Interest	-	0.92	2.05	3.09	4.32
Shareholders' Equity	1,379	1,460	1,532	1,584	569.99
Total Liabilities & Equity	-	1,716	1,893	2,035	1,431
Total Debt	77.61	13.08	71.3	149.72	528.17
Net Cash (Debt)	424.61	542.7	531.47	497.38	-433.24
Net Cash Growth	-21.76%	2.11%	6.85%	-	-
Net Cash Per Share	2.84	3.56	3.46	3.99	-3.77
Filing Date Shares Outstanding	142.65	149.94	152.23	152.23	114.17
Total Common Shares Outstanding	149.42	149.94	152.23	152.23	114.17
Working Capital	-	797.63	831.76	859.27	238.63
Book Value Per Share	9.23	9.73	10.05	10.39	4.95
Tangible Book Value	1,300	1,377	1,441	1,488	467.97
Tangible Book Value Per Share	8.70	9.18	9.47	9.77	4.10
Buildings	-	572.71	498.91	575.58	569.98
Machinery	-	86.95	78.34	66.75	39.23
Construction In Progress	-	0.78	3.53	1.64	53.07

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