Bangyan Technology Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	89.15	228.84	238.87	647.1	94.94	128.05
Trading Asset Securities	413.07	326.94	363.9	-	-	-
Cash & Short-Term Investments	502.23	555.78	602.77	647.1	94.94	128.05
Cash Growth	-1.67%	-7.80%	-6.85%	581.61%	-25.86%	2.92%
Accounts Receivable	376.91	346.22	349.96	472.94	410.94	406.33
Other Receivables	2.17	2.52	4.96	3.96	35.29	4.96
Receivables	379.08	348.74	354.91	476.9	446.23	411.29
Inventory	106.42	82.97	166.43	117.29	84.72	64.92
Prepaid Expenses	-	-	-	0.8	-	-
Other Current Assets	6.17	3.76	2.35	7.63	21.01	40.13
Total Current Assets	993.9	991.24	1,126	1,250	646.89	644.39
Property, Plant & Equipment	500.83	520.04	493.89	586.13	633.68	388.7
Other Intangible Assets	79.09	82.48	89.17	93.14	97.7	101.54
Long-Term Accounts Receivable	2.71	4.31	5.33	1.25	-	-
Long-Term Deferred Tax Assets	47.44	54.01	53.23	46.83	34.95	32.03
Long-Term Deferred Charges	4.8	4.74	9.96	5.65	0.45	0.55
Other Long-Term Assets	62.14	58.77	115.22	52.72	17.77	0.88
Total Assets	1,691	1,716	1,893	2,035	1,431	1,168
Accounts Payable	69.82	59.3	92.58	138.57	198.99	186.25
Accrued Expenses	14.21	23.56	23.95	25.61	31.04	30.02
Short-Term Debt	76.87	12	69.18	128.98	90.83	102.93
Current Portion of Leases	0.75	0.71	1.03	2.23	2.13	-
Current Income Taxes Payable	10.17	-	0.02	2.69	3.06	4.49
Current Unearned Revenue	13.57	44.31	63.08	9.64	12.49	17.4
Other Current Liabilities	66.44	53.74	44.87	82.74	69.72	78.05
Total Current Liabilities	251.81	193.61	294.71	390.45	408.26	419.14
Long-Term Debt	-	-	-	18	432.65	240
Long-Term Leases	-	0.37	1.09	0.5	2.57	-
Long-Term Unearned Revenue	58.49	59.81	64.51	41.98	17.97	20.12
Long-Term Deferred Tax Liabilities	1.4	1.46	0.52	0.4	-	-
Total Liabilities	311.71	255.26	360.83	451.34	861.45	679.25
Common Stock	152.23	152.23	152.23	152.23	114.17	114.17
Additional Paid-In Capital	1,524	1,523	1,522	1,521	584.69	584.69
Retained Earnings	-252.29	-180.92	-144.31	-92.06	-133.18	-212.45
Treasury Stock	-44.9	-35	-	-	-	-
Total Common Equity	1,379	1,459	1,530	1,581	565.68	486.41
Minority Interest	0.03	0.92	2.05	3.09	4.32	2.42
Shareholders' Equity	1,379	1,460	1,532	1,584	569.99	488.83
Total Liabilities & Equity	1,691	1,716	1,893	2,035	1,431	1,168
Total Debt	77.61	13.08	71.3	149.72	528.17	342.93
Net Cash (Debt)	424.61	542.7	531.47	497.38	-433.24	-214.88
Net Cash Growth	-15.06%	2.11%	6.85%	-	-	-
Net Cash Per Share	2.84	3.56	3.46	3.99	-3.77	-1.88
Filing Date Shares Outstanding	149.42	149.94	152.23	152.23	114.17	114.17
Total Common Shares Outstanding	149.42	149.94	152.23	152.23	114.17	114.17
Working Capital	742.09	797.63	831.76	859.27	238.63	225.25
Book Value Per Share	9.23	9.73	10.05	10.39	4.95	4.26
Tangible Book Value	1,300	1,377	1,441	1,488	467.97	384.87
Tangible Book Value Per Share	8.70	9.18	9.47	9.77	4.10	3.37
Buildings	-	572.71	498.91	575.58	569.98	-
Machinery	-	86.95	78.34	66.75	39.23	36.27
Construction In Progress	-	0.78	3.53	1.64	53.07	377.27

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