CloudWalk 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	-	837.52	1,207	1,432	852.04
Short-Term Investments	-	42.69	117.96	60.91	101.99
Trading Asset Securities	-	-	100.07	721.31	-
Cash & Short-Term Investments	935.05	880.21	1,425	2,215	954.03
Cash Growth	6.23%	-38.23%	-35.66%	132.13%	-23.05%
Accounts Receivable	-	679.84	722.8	703.88	782.55
Other Receivables	-	15.14	18.16	21.07	22.53
Receivables	-	694.98	740.95	724.96	805.08
Inventory	-	63.57	63.83	125.6	217.67
Prepaid Expenses	-	-	0.38	1.28	0.48
Other Current Assets	-	65.84	57.03	65.01	57.93
Total Current Assets	-	1,705	2,287	3,131	2,035
Property, Plant & Equipment	-	111.09	183.95	60.83	138.82
Long-Term Investments	-	87.08	122.17	106.51	1.83
Other Intangible Assets	-	65.8	112.99	101.8	107.34
Long-Term Deferred Tax Assets	-	8	4.25	6.38	-
Long-Term Deferred Charges	-	2.63	9.43	17.76	29.47
Other Long-Term Assets	-	3.04	28.61	-	-
Total Assets	-	1,982	2,749	3,425	2,313
Accounts Payable	-	266.48	270.97	188.37	341.48
Accrued Expenses	-	69.97	138.61	121.45	152.83
Short-Term Debt	-	398.61	578.67	827.22	433.7
Current Portion of Leases	-	5.01	21	20.86	20.38
Current Income Taxes Payable	-	0	0	-	2.76
Current Unearned Revenue	-	74.71	59.43	135.39	125.4
Other Current Liabilities	-	15.88	20.18	10.84	12.14
Total Current Liabilities	-	830.67	1,089	1,304	1,089
Long-Term Debt	-	-	-	50.05	-
Long-Term Leases	-	2.84	7.28	21.63	30.09
Long-Term Unearned Revenue	-	250.46	240.76	153.12	179.54
Long-Term Deferred Tax Liabilities	-	8.2	6.43	5.87	-
Total Liabilities	-	1,092	1,343	1,535	1,298
Common Stock	-	1,037	1,037	740.67	628.24
Additional Paid-In Capital	-	4,499	4,305	4,434	2,757
Retained Earnings	-	-4,423	-3,728	-3,084	-2,216
Comprehensive Income & Other	-	4.86	8.65	2.86	1.99
Total Common Equity	949.35	1,118	1,623	2,094	1,171
Minority Interest	-	-227.85	-217.57	-203.87	-156.67
Shareholders' Equity	720.7	890.07	1,405	1,890	1,014
Total Liabilities & Equity	-	1,982	2,749	3,425	2,313
Total Debt	434.8	406.47	606.94	919.77	484.17
Net Cash (Debt)	500.25	473.74	817.98	1,295	469.86
Net Cash Growth	5.60%	-42.08%	-36.82%	175.57%	-54.43%
Net Cash Per Share	0.48	0.46	0.79	1.33	0.54
Filing Date Shares Outstanding	1,039	1,037	1,037	1,037	879.54
Total Common Shares Outstanding	1,039	1,037	1,037	1,037	879.54
Working Capital	-	873.93	1,198	1,827	946.49
Book Value Per Share	0.91	1.08	1.56	2.02	1.33
Tangible Book Value	904.37	1,052	1,510	1,992	1,064
Tangible Book Value Per Share	0.87	1.01	1.46	1.92	1.21
Machinery	-	453.07	449.26	283.05	282.87

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.