Arashi Vision Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2020
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	-	280.24	824.64	456.85	379.93
Short-Term Investments	-	1,228	142.11	120	80
Trading Asset Securities	-	904.55	-	-	45
Cash & Short-Term Investments	2,898	2,413	966.76	576.85	504.93
Cash Growth	20.10%	149.59%	67.59%	14.24%	0.04%
Accounts Receivable	-	202.69	95.25	36.48	31.16
Other Receivables	-	65.31	7.79	4.02	1.8
Receivables	-	268	103.05	40.5	32.96
Inventory	-	1,000	494.35	350.89	135.76
Prepaid Expenses	-	-	1.14	3.29	1.79
Other Current Assets	-	322.52	228.37	141.69	63.81
Total Current Assets	-	4,004	1,794	1,113	739.25
Property, Plant & Equipment	-	396.68	307.92	202.71	136.43
Long-Term Investments	-	480.73	872.75	612.41	-
Other Intangible Assets	-	15.44	11.52	11.14	8.03
Long-Term Deferred Tax Assets	-	103.87	52.65	32.69	5.38
Long-Term Deferred Charges	-	14.21	7.39	5.28	5.37
Other Long-Term Assets	-	6.34	0.62	2.63	0.39
Total Assets	-	5,021	3,047	1,980	894.85
Accounts Payable	-	1,197	484.24	376.53	126.1
Accrued Expenses	-	458.58	249.07	125.48	50.31
Current Portion of Leases	-	18.47	12.06	6.52	-
Current Income Taxes Payable	-	6.66	16.99	14.38	0.05
Current Unearned Revenue	-	87.92	49.66	57.79	41.52
Other Current Liabilities	-	22.71	16.33	10.74	4.69
Total Current Liabilities	-	1,791	828.36	591.44	222.66
Long-Term Leases	-	15.01	13.34	10.84	-
Long-Term Unearned Revenue	-	0.7	1.49	-	-
Long-Term Deferred Tax Liabilities	-	0	0.24	-	-
Other Long-Term Liabilities	-	32.87	17.27	8.18	2.39
Total Liabilities	-	1,840	860.71	610.47	225.05
Common Stock	-	360	360	360	360
Additional Paid-In Capital	-	191.1	190.36	189.89	188.56
Retained Earnings	-	2,644	1,649	819.82	120.48
Comprehensive Income & Other	-	-14.16	-13.94	-0.09	0.76
Total Common Equity	5,724	3,181	2,186	1,370	669.8
Shareholders' Equity	5,718	3,181	2,186	1,370	669.8
Total Liabilities & Equity	-	5,021	3,047	1,980	894.85
Total Debt	115.16	33.48	25.41	17.37	-
Net Cash (Debt)	2,783	2,379	941.35	559.48	504.93
Net Cash Growth	16.95%	152.77%	68.25%	10.80%	0.04%
Net Cash Per Share	7.30	6.61	-	-	1.38
Filing Date Shares Outstanding	401	360	-	-	360
Total Common Shares Outstanding	401	360	-	-	360
Working Capital	-	2,212	965.31	521.78	516.59
Book Value Per Share	14.28	8.84	-	-	1.86
Tangible Book Value	5,693	3,166	2,174	1,358	661.77
Tangible Book Value Per Share	14.20	8.79	-	-	1.84
Buildings	-	131.52	131.52	131.52	131.52
Machinery	-	105.96	54.45	33.19	13
Construction In Progress	-	190.64	138.6	48.49	-

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