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	Sep '26 Sep 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	1,550	1,823	627.11	587.36	240.29	204.78
Short-Term Investments	-	412.42	64.08	1.26	-	-
Trading Asset Securities	338.51	552.48	-	688.45	-	40.09
Cash & Short-Term Investments	1,889	2,788	691.19	1,277	240.29	244.87
Cash Growth	353.95%	303.33%	-45.88%	431.48%	-1.87%	-18.23%
Accounts Receivable	1,009	775.53	435.44	182.54	180.26	102.03
Other Receivables	21.96	17.47	13.31	6.72	7.55	5.85
Receivables	1,031	793	448.74	189.25	187.81	107.88
Inventory	4,289	2,699	1,747	1,112	861.33	538.74
Prepaid Expenses	-	-	-	-	1.53	-
Other Current Assets	517.66	233.36	160.76	156.92	119.22	67.04
Total Current Assets	7,727	6,513	3,047	2,735	1,410	958.54
Property, Plant & Equipment	1,398	1,101	594.11	195.93	160.07	58.56
Long-Term Investments	60	60	371.49	355.26	-	-
Other Intangible Assets	159.31	151.3	81.01	80.14	34.95	5.03
Long-Term Accounts Receivable	-	21.14	-	-	-	-
Long-Term Deferred Tax Assets	43.62	34.67	16.43	5.09	8.21	-
Long-Term Deferred Charges	57.08	35.29	38.96	28.29	20.97	26.39
Other Long-Term Assets	194.62	20.93	58.51	28.07	26.21	34.24
Total Assets	9,640	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	Sep '26 Sep 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	1,485	692.57	449.4	205.76	163.86	150.51
Accrued Expenses	161.75	210.1	93.57	69.87	59.93	30.24
Short-Term Debt	276.55	313.39	9.28	50.04	164.57	99.56
Current Portion of Long-Term Debt	312.93	84.16	5.21	-	-	-
Current Portion of Leases	-	35.49	29.58	17.37	19.63	14.85
Current Income Taxes Payable	34.49	-	7.36	-	-	0.02
Current Unearned Revenue	1,430	565.39	629.23	440.23	484.77	155.59
Other Current Liabilities	278.46	226.43	179.45	70.04	80.26	24.65
Total Current Liabilities	3,980	2,128	1,403	853.32	973.03	475.42
Long-Term Debt	277.43	428.29	130.86	43	-	-
Long-Term Leases	56.53	71.41	65.38	16.56	35.1	32
Long-Term Unearned Revenue	163.9	138.89	95.1	52.97	55.92	7.47
Long-Term Deferred Tax Liabilities	2.59	20.57	14.14	5.11	7.75	-
Other Long-Term Liabilities	33.4	30.43	61.78	46.11	19.24	13.11
Total Liabilities	4,514	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	Sep '26 Sep 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	4,611	4,512	1,926	1,843	222.13	219.47
Retained Earnings	154.91	250.04	191.39	247.71	107.37	95.02
Comprehensive Income & Other	7.57	7.39	-0.16	0.07	0.03	0.27
Shareholders' Equity	5,126	5,120	2,438	2,411	569.53	554.76
Total Liabilities & Equity	9,640	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	Sep '26 Sep 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	923.44	932.73	240.31	126.97	219.31	146.41
Net Cash (Debt)	965.16	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	2.61	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	3,747	4,385	1,644	1,882	437.15	483.12
Book Value Per Share	14.56	14.62	7.62	7.53	2.37	2.28
Tangible Book Value	4,967	4,968	2,357	2,331	534.58	549.73
Tangible Book Value Per Share	14.11	14.19	7.36	7.28	2.23	2.26
Buildings	-	440.49	92.69	92.69	92.69	-
Machinery	-	367.83	148.96	58.87	23.84	15.91
Construction In Progress	-	267.69	296.39	31.69	0.53	2.57