UCloud 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	-	781.79	1,288	1,582	1,565
Trading Asset Securities	-	-	-	-	15.1
Cash & Short-Term Investments	673.56	781.79	1,288	1,582	1,580
Cash Growth	-13.84%	-39.29%	-18.63%	0.14%	-24.10%
Accounts Receivable	-	470.85	479.91	465.31	465.26
Other Receivables	-	120.67	89.75	67.51	18.68
Receivables	-	591.52	569.66	532.82	483.95
Inventory	-	24.78	57.21	47.19	93.58
Prepaid Expenses	-	-	-	-	0.54
Other Current Assets	-	5.38	2.89	6.04	209.13
Total Current Assets	-	1,403	1,917	2,168	2,367
Property, Plant & Equipment	-	1,799	1,697	1,714	2,075
Long-Term Investments	-	93.89	87.48	105.46	125.75
Other Intangible Assets	-	79.3	80.33	82.52	83.81
Long-Term Accounts Receivable	-	1.05	2.61	2.53	2.5
Long-Term Deferred Tax Assets	-	2.2	-	-	-
Long-Term Deferred Charges	-	0.74	2.04	2.95	6.63
Other Long-Term Assets	-	1.59	15.22	0.6	37.37
Total Assets	-	3,381	3,802	4,077	4,698
Accounts Payable	-	275.39	332.78	329.58	842.18
Accrued Expenses	-	94.99	89.2	76.45	119.71
Short-Term Debt	-	0.29	0	57.57	538.36
Current Portion of Long-Term Debt	-	34.32	25.79	17.26	50.12
Current Portion of Leases	-	10.22	6.5	11.96	11.83
Current Income Taxes Payable	-	3.69	-	-	0.04
Current Unearned Revenue	-	135.16	151	163.51	252.26
Other Current Liabilities	-	369.52	461.68	304.23	68.5
Total Current Liabilities	-	923.58	1,067	960.54	1,883
Long-Term Debt	-	51.39	85.64	111.33	64.05
Long-Term Leases	-	4.23	1.4	4.29	0.74
Long-Term Unearned Revenue	-	6.78	9.97	20.9	38.55
Long-Term Deferred Tax Liabilities	-	-	-	0.14	0.04
Total Liabilities	-	985.98	1,164	1,097	1,986
Common Stock	-	453.1	453.1	453.1	422.81
Additional Paid-In Capital	-	3,924	3,918	3,912	3,255
Retained Earnings	-	-1,981	-1,740	-1,398	-984.2
Comprehensive Income & Other	-	-0.6	-0.05	1.23	3.29
Total Common Equity	2,406	2,395	2,631	2,969	2,697
Minority Interest	-	0.58	6.94	11.05	15.01
Shareholders' Equity	2,407	2,396	2,638	2,980	2,712
Total Liabilities & Equity	-	3,381	3,802	4,077	4,698
Total Debt	261.35	100.45	119.33	202.41	665.11
Net Cash (Debt)	412.2	681.34	1,168	1,380	914.99
Net Cash Growth	-39.50%	-41.68%	-15.34%	50.82%	-56.05%
Net Cash Per Share	0.91	1.50	2.59	3.07	2.17
Filing Date Shares Outstanding	456.31	453.1	453.1	453.1	422.81
Total Common Shares Outstanding	456.31	453.1	453.1	453.1	422.81
Working Capital	-	479.89	850.47	1,208	484.28
Book Value Per Share	5.27	5.29	5.81	6.55	6.38
Tangible Book Value	2,328	2,316	2,551	2,886	2,613
Tangible Book Value Per Share	5.10	5.11	5.63	6.37	6.18
Buildings	-	618.45	410.97	262.28	177.77
Machinery	-	2,602	2,386	2,245	2,754
Construction In Progress	-	343.8	483.16	555.05	535.97

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