Skyverse Technology Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	1,222	1,823	627.11	587.36	240.29	204.78
Short-Term Investments	260.45	412.42	64.08	1.26	-	-
Trading Asset Securities	618.97	552.48	-	688.45	-	40.09
Cash & Short-Term Investments	2,101	2,788	691.19	1,277	240.29	244.87
Cash Growth	212.79%	303.33%	-45.88%	431.48%	-1.87%	-18.23%
Accounts Receivable	857.62	775.53	435.44	182.54	180.26	102.03
Other Receivables	19.31	17.47	13.31	6.72	7.55	5.85
Receivables	876.93	793	448.74	189.25	187.81	107.88
Inventory	3,401	2,699	1,747	1,112	861.33	538.74
Prepaid Expenses	-	-	-	-	1.53	-
Other Current Assets	273.87	233.36	160.76	156.92	119.22	67.04
Total Current Assets	6,653	6,513	3,047	2,735	1,410	958.54
Property, Plant & Equipment	1,232	1,101	594.11	195.93	160.07	58.56
Long-Term Investments	60	60	371.49	355.26	-	-
Other Intangible Assets	161.54	151.3	81.01	80.14	34.95	5.03
Long-Term Accounts Receivable	14.15	21.14	-	-	-	-
Long-Term Deferred Tax Assets	35.92	34.67	16.43	5.09	8.21	-
Long-Term Deferred Charges	42.37	35.29	38.96	28.29	20.97	26.39
Other Long-Term Assets	117.07	20.93	58.51	28.07	26.21	34.24
Total Assets	8,316	7,937	4,208	3,428	1,661	1,083

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	862.43	692.57	449.4	205.76	163.86	150.51
Accrued Expenses	232.23	210.1	93.57	69.87	59.93	30.24
Short-Term Debt	189.68	313.39	9.28	50.04	164.57	99.56
Current Portion of Long-Term Debt	179.49	84.16	5.21	-	-	-
Current Portion of Leases	30.8	35.49	29.58	17.37	19.63	14.85
Current Income Taxes Payable	-	-	7.36	-	-	0.02
Current Unearned Revenue	940.47	565.39	629.23	440.23	484.77	155.59
Other Current Liabilities	243.83	226.43	179.45	70.04	80.26	24.65
Total Current Liabilities	2,679	2,128	1,403	853.32	973.03	475.42
Long-Term Debt	273.54	428.29	130.86	43	-	-
Long-Term Leases	51.94	71.41	65.38	16.56	35.1	32
Long-Term Unearned Revenue	197.3	138.89	95.1	52.97	55.92	7.47
Long-Term Deferred Tax Liabilities	2.51	20.57	14.14	5.11	7.75	-
Other Long-Term Liabilities	29.72	30.43	61.78	46.11	19.24	13.11
Total Liabilities	3,234	2,817	1,770	1,017	1,091	527.99

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	352.05	350.16	320	320	240	240
Additional Paid-In Capital	4,600	4,512	1,926	1,843	222.13	219.47
Retained Earnings	122.6	250.04	191.39	247.71	107.37	95.02
Comprehensive Income & Other	7.48	7.39	-0.16	0.07	0.03	0.27
Shareholders' Equity	5,082	5,120	2,438	2,411	569.53	554.76
Total Liabilities & Equity	8,316	7,937	4,208	3,428	1,661	1,083

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	725.45	932.73	240.31	126.97	219.31	146.41
Net Cash (Debt)	1,376	1,855	450.88	1,150	20.98	98.46
Net Cash Growth	-	311.43%	-60.80%	5383.05%	-78.70%	-67.12%
Net Cash Per Share	3.93	5.69	1.56	4.02	0.09	0.41
Filing Date Shares Outstanding	352.05	350.16	320	320	240	242.84
Total Common Shares Outstanding	352.05	350.16	320	320	240	242.84
Working Capital	3,974	4,385	1,644	1,882	437.15	483.12
Book Value Per Share	14.44	14.62	7.62	7.53	2.37	2.28
Tangible Book Value	4,921	4,968	2,357	2,331	534.58	549.73
Tangible Book Value Per Share	13.98	14.19	7.36	7.28	2.23	2.26
Buildings	440.84	440.49	92.69	92.69	92.69	-
Machinery	401.62	367.83	148.96	58.87	23.84	15.91
Construction In Progress	425.75	267.69	296.39	31.69	0.53	2.57