Bangyan Technology Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	66.88	86.92	228.84	238.87	647.1	94.94
Trading Asset Securities	348	384.95	326.94	363.9	-	-
Cash & Short-Term Investments	414.88	471.88	555.78	602.77	647.1	94.94
Cash Growth	-22.31%	-15.10%	-7.80%	-6.85%	581.61%	-25.86%
Accounts Receivable	251.23	281.07	346.22	349.96	472.94	410.94
Other Receivables	3.12	2.52	2.52	4.96	3.96	35.29
Receivables	254.35	283.59	348.74	354.91	476.9	446.23
Inventory	88.25	78.12	82.97	166.43	117.29	84.72
Prepaid Expenses	-	-	-	-	0.8	-
Other Current Assets	10.02	7.56	3.76	2.35	7.63	21.01
Total Current Assets	767.49	841.15	991.24	1,126	1,250	646.89
Property, Plant & Equipment	508.04	518.45	520.04	493.89	586.13	633.68
Other Intangible Assets	76.54	77.92	82.48	89.17	93.14	97.7
Long-Term Accounts Receivable	-	-	4.31	5.33	1.25	-
Long-Term Deferred Tax Assets	45.31	45.48	54.01	53.23	46.83	34.95
Long-Term Deferred Charges	4.36	4.97	4.74	9.96	5.65	0.45
Other Long-Term Assets	56.76	57.17	58.77	115.22	52.72	17.77
Total Assets	1,459	1,545	1,716	1,893	2,035	1,431
Accounts Payable	68.11	71.97	59.3	92.58	138.57	198.99
Accrued Expenses	16.78	17.24	23.56	23.95	25.61	31.04
Short-Term Debt	22.94	47.12	12	69.18	128.98	90.83
Current Portion of Long-Term Debt	1.29	0.8	-	-	-	-
Current Portion of Leases	-	-	0.71	1.03	2.23	2.13
Current Income Taxes Payable	6.86	5.9	-	0.02	2.69	3.06
Current Unearned Revenue	18.56	16.16	44.31	63.08	9.64	12.49
Other Current Liabilities	86.09	92.92	53.74	44.87	82.74	69.72
Total Current Liabilities	220.64	252.12	193.61	294.71	390.45	408.26
Long-Term Debt	-	-	-	-	18	432.65
Long-Term Leases	0.5	0.26	0.37	1.09	0.5	2.57
Long-Term Unearned Revenue	55.58	56.89	59.81	64.51	41.98	17.97
Long-Term Deferred Tax Liabilities	0.97	1.78	1.46	0.52	0.4	-
Total Liabilities	277.68	311.05	255.26	360.83	451.34	861.45
Common Stock	152.23	152.23	152.23	152.23	152.23	114.17
Additional Paid-In Capital	1,526	1,523	1,523	1,522	1,521	584.69
Retained Earnings	-439.58	-396.21	-180.92	-144.31	-92.06	-133.18
Treasury Stock	-56.94	-45	-35	-	-	-
Total Common Equity	1,181	1,234	1,459	1,530	1,581	565.68
Minority Interest	-0.49	-0.25	0.92	2.05	3.09	4.32
Shareholders' Equity	1,181	1,234	1,460	1,532	1,584	569.99
Total Liabilities & Equity	1,459	1,545	1,716	1,893	2,035	1,431
Total Debt	24.73	48.18	13.08	71.3	149.72	528.17
Net Cash (Debt)	390.15	423.69	542.7	531.47	497.38	-433.24
Net Cash Growth	-22.89%	-21.93%	2.11%	6.85%	-	-
Net Cash Per Share	2.57	2.78	3.56	3.46	3.99	-3.77
Filing Date Shares Outstanding	149.58	153.7	149.94	152.23	152.23	114.17
Total Common Shares Outstanding	149.58	153.7	149.94	152.23	152.23	114.17
Working Capital	546.86	589.03	797.63	831.76	859.27	238.63
Book Value Per Share	7.90	8.03	9.73	10.05	10.39	4.95
Tangible Book Value	1,105	1,156	1,377	1,441	1,488	467.97
Tangible Book Value Per Share	7.39	7.52	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.