Skyverse 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	-	627.11	587.36	240.29	204.78
Short-Term Investments	-	-	1.26	-	-
Trading Asset Securities	-	-	688.45	-	40.09
Cash & Short-Term Investments	416.03	627.11	1,277	240.29	244.87
Cash Growth	-33.66%	-50.90%	431.48%	-1.87%	-18.23%
Accounts Receivable	-	435.44	182.54	180.26	102.03
Other Receivables	-	13.31	6.72	7.55	5.85
Receivables	-	448.74	189.25	187.81	107.88
Inventory	-	1,747	1,112	861.33	538.74
Prepaid Expenses	-	-	-	1.53	-
Other Current Assets	-	224.83	156.92	119.22	67.04
Total Current Assets	-	3,047	2,735	1,410	958.54
Property, Plant & Equipment	-	594.11	195.93	160.07	58.56
Long-Term Investments	-	371.49	355.26	-	-
Other Intangible Assets	-	81.01	80.14	34.95	5.03
Long-Term Deferred Tax Assets	-	16.43	5.09	8.21	-
Long-Term Deferred Charges	-	38.96	28.29	20.97	26.39
Other Long-Term Assets	-	58.51	28.07	26.21	34.24
Total Assets	-	4,208	3,428	1,661	1,083
Accounts Payable	-	449.4	205.76	163.86	150.51
Accrued Expenses	-	93.57	69.87	59.93	30.24
Short-Term Debt	-	9.28	50.04	164.57	99.56
Current Portion of Long-Term Debt	-	5.21	-	-	-
Current Portion of Leases	-	29.58	17.37	19.63	14.85
Current Income Taxes Payable	-	7.36	-	-	0.02
Current Unearned Revenue	-	629.23	440.23	484.77	155.59
Other Current Liabilities	-	179.45	70.04	80.26	24.65
Total Current Liabilities	-	1,403	853.32	973.03	475.42
Long-Term Debt	-	130.86	43	-	-
Long-Term Leases	-	65.38	16.56	35.1	32
Long-Term Unearned Revenue	-	95.1	52.97	55.92	7.47
Long-Term Deferred Tax Liabilities	-	14.14	5.11	7.75	-
Other Long-Term Liabilities	-	61.78	46.11	19.24	13.11
Total Liabilities	-	1,770	1,017	1,091	527.99
Common Stock	-	320	320	240	240
Additional Paid-In Capital	-	1,926	1,843	222.13	219.47
Retained Earnings	-	191.39	247.71	107.37	95.02
Comprehensive Income & Other	-	-0.16	0.07	0.03	0.27
Shareholders' Equity	2,548	2,438	2,411	569.53	554.76
Total Liabilities & Equity	-	4,208	3,428	1,661	1,083
Total Debt	1,010	240.31	126.97	219.31	146.41
Net Cash (Debt)	-593.64	386.8	1,150	20.98	98.46
Net Cash Growth	-	-66.37%	5383.05%	-78.70%	-67.12%
Net Cash Per Share	-1.85	1.34	4.02	0.09	0.41
Filing Date Shares Outstanding	350.16	320	320	240	242.84
Total Common Shares Outstanding	350.16	320	320	240	242.84
Working Capital	-	1,644	1,882	437.15	483.12
Book Value Per Share	7.92	7.62	7.53	2.37	2.28
Tangible Book Value	2,396	2,357	2,331	534.58	549.73
Tangible Book Value Per Share	7.45	7.36	7.28	2.23	2.26
Buildings	-	92.69	92.69	92.69	-
Machinery	-	148.96	58.87	23.84	15.91
Construction In Progress	-	296.39	31.69	0.53	2.57

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