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 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	237.7	356.11	679.28	533.02	683.85	70.57
Trading Asset Securities	-	-	-	102.37	-	-
Cash & Short-Term Investments	237.7	356.11	679.28	635.39	683.85	70.57
Cash Growth	-63.20%	-47.58%	6.91%	-7.09%	868.98%	36.08%
Accounts Receivable	197.1	192.78	217.63	228.35	153.07	111.94
Other Receivables	3.41	3.75	3.64	1.87	1.72	0.95
Receivables	200.51	196.53	221.26	230.22	154.79	112.89
Inventory	133.67	118.04	106.96	86.29	87.67	57.85
Other Current Assets	1.43	1.68	3.08	1.08	2.29	3.37
Total Current Assets	573.3	672.36	1,011	952.97	928.6	244.69
Property, Plant & Equipment	115.89	118.66	125.48	113.18	47.71	5.83
Long-Term Investments	1.65	1.68	1.81	-	-	-
Goodwill	-	-	-	0.06	-	-
Other Intangible Assets	16.49	17.17	16.9	10.54	8.61	6.21
Long-Term Deferred Tax Assets	23.25	21.54	17.99	9.14	6.99	2.35
Long-Term Deferred Charges	0.3	0.3	-	0.01	0.01	0.05
Other Long-Term Assets	429.54	351.57	4.98	5.23	20.17	2.13
Total Assets	1,160	1,183	1,178	1,091	1,012	261.26
Accounts Payable	60.53	75.23	89.61	61.12	58.03	31.68
Accrued Expenses	8.07	19	18.41	18.87	21.24	15.86
Short-Term Debt	-	-	-	-	-	20.03
Current Portion of Leases	0.57	0.48	0.19	0.14	0.27	0.44
Current Income Taxes Payable	1.79	0.65	4.66	5.59	13.39	5.14
Current Unearned Revenue	6.64	5.79	10.08	1.66	3.57	0.93
Other Current Liabilities	23.72	22.97	12.8	12.41	6.8	6.69
Total Current Liabilities	101.31	124.13	135.74	99.79	103.3	80.76
Long-Term Leases	0.53	0.45	0.2	-	0.14	-
Long-Term Unearned Revenue	67.01	71.65	70.62	23.61	19.08	-
Long-Term Deferred Tax Liabilities	-	-	0.05	0.36	0.08	-
Other Long-Term Liabilities	1.15	1.19	0.54	0.51	1.33	0.31
Total Liabilities	170.01	197.42	207.14	124.27	123.93	81.07
Common Stock	121.8	121.8	121.8	84	84	63
Additional Paid-In Capital	581.18	581.01	581.09	617.54	617.54	6.6
Retained Earnings	303.77	299.37	284.03	265.31	186.61	110.58
Treasury Stock	-16.32	-16.32	-16.32	-	-	-
Shareholders' Equity	990.43	985.85	970.6	966.86	888.16	180.18
Total Liabilities & Equity	1,160	1,183	1,178	1,091	1,012	261.26
Total Debt	1.1	0.94	0.39	0.14	0.41	20.46
Net Cash (Debt)	236.6	355.17	678.9	635.25	683.44	50.11
Net Cash Growth	-63.36%	-47.68%	6.87%	-7.05%	1263.86%	19.74%
Net Cash Per Share	1.83	2.96	5.50	5.25	5.86	0.55
Filing Date Shares Outstanding	120.95	120.95	120.95	121.8	121.8	121.8
Total Common Shares Outstanding	120.95	120.95	120.95	121.8	121.8	91.35
Working Capital	471.99	548.22	874.84	853.18	825.31	163.93
Book Value Per Share	8.19	8.15	8.02	7.94	7.29	1.97
Tangible Book Value	973.93	968.68	953.71	956.26	879.55	173.98
Tangible Book Value Per Share	8.05	8.01	7.89	7.85	7.22	1.90
Buildings	-	69.06	69.06	69.03	3.8	3.8
Machinery	-	82.2	77.54	53.57	11.13	5.17
Construction In Progress	-	-	-	0.53	37.2	0.29