Skyverse Technology 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	843.42	1,823	627.11	587.36	240.29	204.78
Short-Term Investments	359.7	412.42	64.08	1.26	-	-
Trading Asset Securities	1,164	552.48	-	688.45	-	40.09
Cash & Short-Term Investments	2,367	2,788	691.19	1,277	240.29	244.87
Cash Growth	291.46%	303.33%	-45.88%	431.48%	-1.87%	-18.23%
Accounts Receivable	856.23	775.53	435.44	182.54	180.26	102.03
Other Receivables	16.4	17.47	13.31	6.72	7.55	5.85
Receivables	872.63	793	448.74	189.25	187.81	107.88
Inventory	3,002	2,699	1,747	1,112	861.33	538.74
Prepaid Expenses	-	-	-	-	1.53	-
Other Current Assets	299.65	233.36	160.76	156.92	119.22	67.04
Total Current Assets	6,541	6,513	3,047	2,735	1,410	958.54
Property, Plant & Equipment	1,136	1,101	594.11	195.93	160.07	58.56
Long-Term Investments	60	60	371.49	355.26	-	-
Other Intangible Assets	156.32	151.3	81.01	80.14	34.95	5.03
Long-Term Accounts Receivable	-	21.14	-	-	-	-
Long-Term Deferred Tax Assets	41.25	34.67	16.43	5.09	8.21	-
Long-Term Deferred Charges	43.15	35.29	38.96	28.29	20.97	26.39
Other Long-Term Assets	52.22	20.93	58.51	28.07	26.21	34.24
Total Assets	8,030	7,937	4,208	3,428	1,661	1,083
Accounts Payable	705.91	692.57	449.4	205.76	163.86	150.51
Accrued Expenses	136.24	210.1	93.57	69.87	59.93	30.24
Short-Term Debt	222.12	313.39	9.28	50.04	164.57	99.56
Current Portion of Long-Term Debt	226.39	84.16	5.21	-	-	-
Current Portion of Leases	-	35.49	29.58	17.37	19.63	14.85
Current Income Taxes Payable	12.25	-	7.36	-	-	0.02
Current Unearned Revenue	880.85	565.39	629.23	440.23	484.77	155.59
Other Current Liabilities	221.08	226.43	179.45	70.04	80.26	24.65
Total Current Liabilities	2,405	2,128	1,403	853.32	973.03	475.42
Long-Term Debt	246.42	428.29	130.86	43	-	-
Long-Term Leases	62.52	71.41	65.38	16.56	35.1	32
Long-Term Unearned Revenue	199.13	138.89	95.1	52.97	55.92	7.47
Long-Term Deferred Tax Liabilities	19.03	20.57	14.14	5.11	7.75	-
Other Long-Term Liabilities	25.26	30.43	61.78	46.11	19.24	13.11
Total Liabilities	2,957	2,817	1,770	1,017	1,091	527.99
Common Stock	350.16	350.16	320	320	240	240
Additional Paid-In Capital	4,533	4,512	1,926	1,843	222.13	219.47
Retained Earnings	182.08	250.04	191.39	247.71	107.37	95.02
Comprehensive Income & Other	7.45	7.39	-0.16	0.07	0.03	0.27
Shareholders' Equity	5,072	5,120	2,438	2,411	569.53	554.76
Total Liabilities & Equity	8,030	7,937	4,208	3,428	1,661	1,083
Total Debt	757.44	932.73	240.31	126.97	219.31	146.41
Net Cash (Debt)	1,609	1,855	450.88	1,150	20.98	98.46
Net Cash Growth	871.49%	311.43%	-60.80%	5383.05%	-78.70%	-67.12%
Net Cash Per Share	4.85	5.69	1.56	4.02	0.09	0.41
Filing Date Shares Outstanding	350.16	350.16	320	320	240	242.84
Total Common Shares Outstanding	350.16	350.16	320	320	240	242.84
Working Capital	4,136	4,385	1,644	1,882	437.15	483.12
Book Value Per Share	14.49	14.62	7.62	7.53	2.37	2.28
Tangible Book Value	4,916	4,968	2,357	2,331	534.58	549.73
Tangible Book Value Per Share	14.04	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