Zbit Semiconductor 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	390.04	464.51	290.64	216.82	631.43	271.46
Short-Term Investments	-	120.38	100.55	140.87	240.1	-
Trading Asset Securities	385.92	256.02	375.7	531.36	193.03	50.62
Cash & Short-Term Investments	775.96	840.9	766.9	889.06	1,065	322.09
Cash Growth	21.38%	9.65%	-13.74%	-16.48%	230.52%	102.34%
Accounts Receivable	132.47	155.21	174.79	110.92	90.98	27.38
Other Receivables	0.8	1.14	1.48	1.22	0.73	1.26
Receivables	133.27	156.34	176.27	112.14	91.71	28.64
Inventory	322.45	298.21	270.31	333.41	263.31	130.75
Other Current Assets	133.69	8.61	180.72	2.63	1.99	6.15
Total Current Assets	1,365	1,304	1,394	1,337	1,422	487.63
Property, Plant & Equipment	32.32	33.37	29.73	26.85	23.33	23.54
Long-Term Investments	7.02	7.5	7.5	7.5	-	-
Other Intangible Assets	24.44	18.54	27.22	29.93	38.87	37.93
Long-Term Deferred Tax Assets	-	-	-	-	2	0.86
Long-Term Deferred Charges	-	0	0.02	0.28	-	-
Other Long-Term Assets	0.5	0.57	20.08	255.21	321.99	20.26
Total Assets	1,430	1,364	1,479	1,657	1,808	570.22
Accounts Payable	74.8	57.29	35.63	76.62	64.83	57.5
Accrued Expenses	6.78	21.85	19.3	11.43	7.72	9.73
Short-Term Debt	0.29	2.29	27.01	-	-	5
Current Portion of Leases	-	1.83	1.3	2.22	0.62	1.72
Current Income Taxes Payable	1.57	0.07	0.07	0.07	0.07	0.06
Current Unearned Revenue	3.26	2.24	0.25	0.84	1.82	12.23
Other Current Liabilities	2.83	9.36	7.4	13	15.61	13.64
Total Current Liabilities	96.3	94.93	90.97	104.18	90.68	99.89
Long-Term Leases	-	-	0.21	0.88	0.04	-
Long-Term Unearned Revenue	-	-	1.42	3.05	2.83	2
Long-Term Deferred Tax Liabilities	0.15	0.15	0.08	0.18	-	0.09
Other Long-Term Liabilities	2.6	-	22.4	20	22.4	20
Total Liabilities	99.05	95.08	115.08	128.3	115.94	121.99
Common Stock	83.01	83.01	82.64	82.64	82.64	61.98
Additional Paid-In Capital	1,476	1,463	1,444	1,433	1,423	221.77
Retained Earnings	-198.31	-246.94	-147.45	13.55	186.19	164.98
Treasury Stock	-30.02	-30.02	-15.2	-	-	-
Comprehensive Income & Other	0.12	0.05	-0.13	-0.51	-0.24	-0.5
Shareholders' Equity	1,331	1,269	1,364	1,529	1,692	448.23
Total Liabilities & Equity	1,430	1,364	1,479	1,657	1,808	570.22
Total Debt	7.06	4.12	28.53	3.1	0.66	6.72
Net Cash (Debt)	768.9	836.79	738.37	885.96	1,064	315.37
Net Cash Growth	25.81%	13.33%	-16.66%	-16.73%	237.35%	111.40%
Net Cash Per Share	9.35	10.18	8.94	10.73	15.55	5.19
Filing Date Shares Outstanding	82.43	82.18	82.24	82.64	82.64	61.98
Total Common Shares Outstanding	82.43	82.18	82.24	82.64	82.64	61.98
Working Capital	1,269	1,209	1,303	1,233	1,331	387.73
Book Value Per Share	16.14	15.44	16.58	18.50	20.47	7.23
Tangible Book Value	1,306	1,250	1,336	1,499	1,653	410.3
Tangible Book Value Per Share	15.84	15.22	16.25	18.14	20.00	6.62
Buildings	-	15	15	9.03	9.03	9.03
Machinery	-	35.61	28.12	25.85	21.81	17.84

Source: S&P Global Market Intelligence. Standard template. Financial Sources.