Linkage Software Co., LTD Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	837.01	802.28	784.96	544.43	513.88	455.54
Short-Term Investments	-	-	-	-	-	81.05
Trading Asset Securities	140.64	206.68	68.53	279.32	360.81	321.23
Cash & Short-Term Investments	977.65	1,009	853.5	823.76	874.68	857.81
Cash Growth	-5.63%	18.21%	3.61%	-5.82%	1.97%	118.89%
Accounts Receivable	124.43	142.81	135.27	115.14	93.53	82.87
Other Receivables	15.21	15.3	13.09	4.94	5.31	3.9
Receivables	139.64	158.1	148.36	120.08	98.84	86.77
Inventory	12.04	5.02	3.85	3.88	3.88	6.09
Other Current Assets	21.09	17.15	9.34	3.89	4.62	3.02
Total Current Assets	1,150	1,189	1,015	951.61	982.02	953.69
Property, Plant & Equipment	217.11	228.6	217.14	208.57	211.07	200.43
Long-Term Investments	193.35	188.7	305.26	282.58	176.92	141.53
Goodwill	43.61	42.14	42.54	-	-	-
Other Intangible Assets	131.17	127.02	7.38	4.88	6.05	5.85
Long-Term Deferred Tax Assets	4.95	5.51	6.07	1.79	0.59	0.19
Long-Term Deferred Charges	8.03	9.18	3.72	2.57	1.77	2.04
Total Assets	1,749	1,790	1,597	1,452	1,378	1,304
Accounts Payable	19.44	21.51	25.04	11.05	14.4	12.15
Accrued Expenses	94.45	126.26	113.16	56	52.33	56.83
Short-Term Debt	342.79	305.74	202.26	-	-	-
Current Portion of Leases	18.04	17.3	7.71	4.51	4.32	-
Current Income Taxes Payable	10.96	17.51	3.79	10.11	3.38	6.69
Current Unearned Revenue	11.38	9.7	5.95	3.95	2.6	9.84
Other Current Liabilities	5.05	13.57	12.98	9.28	8.99	8.06
Total Current Liabilities	502.1	511.6	370.88	94.9	86.02	93.57
Long-Term Leases	7.92	17.79	7.4	2	5.79	-
Long-Term Deferred Tax Liabilities	5.68	6.79	11.62	12.19	12.36	8.67
Other Long-Term Liabilities	0.86	0.86	0.64	0.31	-	0.02
Total Liabilities	516.56	537.06	390.55	109.39	104.16	102.26
Common Stock	400.01	400.01	400.01	400.01	400.01	400.01
Additional Paid-In Capital	360.45	350.94	351.75	351.75	351.75	351.75
Retained Earnings	631.35	611.85	565.56	558.52	497.34	431.34
Treasury Stock	-179.82	-130.11	-130.11	-	-	-
Comprehensive Income & Other	19.69	20.11	18.67	31.53	23.88	17.04
Total Common Equity	1,232	1,253	1,206	1,342	1,273	1,200
Minority Interest	0.4	0.51	0.72	0.79	1.28	1.32
Shareholders' Equity	1,232	1,253	1,207	1,343	1,274	1,201
Total Liabilities & Equity	1,749	1,790	1,597	1,452	1,378	1,304
Total Debt	368.75	340.84	217.37	6.51	10.11	-
Net Cash (Debt)	608.9	668.11	636.12	817.25	864.58	857.81
Net Cash Growth	-7.72%	5.03%	-22.16%	-5.47%	0.79%	118.89%
Net Cash Per Share	1.57	1.71	1.60	2.04	2.16	2.22
Filing Date Shares Outstanding	386.26	389.93	390.01	400.01	400.01	400.01
Total Common Shares Outstanding	386.26	390.01	390.01	400.01	400.01	400.01
Working Capital	648.31	677.62	644.17	856.71	896	860.11
Book Value Per Share	3.19	3.21	3.09	3.35	3.18	3.00
Tangible Book Value	1,057	1,084	1,156	1,337	1,267	1,194
Tangible Book Value Per Share	2.74	2.78	2.96	3.34	3.17	2.99
Buildings	-	221.21	221.21	220.77	211.45	211.45
Machinery	-	41.38	42.67	37.24	33.07	31.84
Construction In Progress	-	-	-	-	6.58	-

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