Chengdu KSW Technologies 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	636.71	679.28	533.02	683.85	70.57	51.86
Trading Asset Securities	10.54	-	102.37	-	-	-
Cash & Short-Term Investments	647.26	679.28	635.39	683.85	70.57	51.86
Cash Growth	9.50%	6.91%	-7.09%	868.98%	36.08%	69.05%
Accounts Receivable	199.93	217.63	228.35	153.07	111.94	90.18
Other Receivables	3.91	3.64	1.87	1.72	0.95	0.71
Receivables	203.85	221.26	230.22	154.79	112.89	90.89
Inventory	129.86	106.96	86.29	87.67	57.85	49.77
Other Current Assets	2.16	3.08	1.08	2.29	3.37	0.38
Total Current Assets	983.13	1,011	952.97	928.6	244.69	192.9
Property, Plant & Equipment	117.99	125.48	113.18	47.71	5.83	4.3
Long-Term Investments	1.71	1.81	-	-	-	-
Goodwill	-	-	0.06	-	-	-
Other Intangible Assets	16.71	16.9	10.54	8.61	6.21	1.81
Long-Term Deferred Tax Assets	21.12	17.99	9.14	6.99	2.35	1.54
Long-Term Deferred Charges	0.33	-	0.01	0.01	0.05	0.14
Other Long-Term Assets	8.77	4.98	5.23	20.17	2.13	1.41
Total Assets	1,150	1,178	1,091	1,012	261.26	202.11
Accounts Payable	73.97	89.61	61.12	58.03	31.68	31.02
Accrued Expenses	11.17	18.41	18.87	21.24	15.86	15.65
Short-Term Debt	-	-	-	-	20.03	10.01
Current Portion of Leases	0.48	0.19	0.14	0.27	0.44	-
Current Income Taxes Payable	2.81	4.66	5.59	13.39	5.14	5.7
Current Unearned Revenue	4.56	10.08	1.66	3.57	0.93	5.34
Other Current Liabilities	12.65	12.8	12.41	6.8	6.69	3.72
Total Current Liabilities	105.64	135.74	99.79	103.3	80.76	71.43
Long-Term Leases	0.54	0.2	-	0.14	-	-
Long-Term Unearned Revenue	76.23	70.62	23.61	19.08	-	-
Long-Term Deferred Tax Liabilities	0.17	0.05	0.36	0.08	-	-
Other Long-Term Liabilities	0.62	0.54	0.51	1.33	0.31	0.5
Total Liabilities	183.19	207.14	124.27	123.93	81.07	71.94
Common Stock	121.8	121.8	84	84	63	63
Additional Paid-In Capital	582.3	581.09	617.54	617.54	6.6	6.6
Retained Earnings	278.78	284.03	265.31	186.61	110.58	59.87
Treasury Stock	-16.32	-16.32	-	-	-	-
Comprehensive Income & Other	-	-	-	-	-	0.7
Shareholders' Equity	966.56	970.6	966.86	888.16	180.18	130.17
Total Liabilities & Equity	1,150	1,178	1,091	1,012	261.26	202.11
Total Debt	1.02	0.39	0.14	0.41	20.46	10.01
Net Cash (Debt)	646.24	678.9	635.25	683.44	50.11	41.85
Net Cash Growth	9.32%	6.87%	-7.05%	1263.86%	19.74%	69.64%
Net Cash Per Share	5.22	5.50	5.25	5.86	0.55	0.46
Filing Date Shares Outstanding	120.95	120.95	121.8	121.8	121.8	91.35
Total Common Shares Outstanding	120.95	120.95	121.8	121.8	91.35	91.35
Working Capital	877.49	874.84	853.18	825.31	163.93	121.47
Book Value Per Share	7.99	8.02	7.94	7.29	1.97	1.42
Tangible Book Value	949.85	953.71	956.26	879.55	173.98	128.36
Tangible Book Value Per Share	7.85	7.89	7.85	7.22	1.90	1.41
Buildings	-	69.06	69.03	3.8	3.8	3.8
Machinery	-	77.54	53.57	11.13	5.17	3.79
Construction In Progress	-	-	0.53	37.2	0.29	-

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