Ninebot 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	7,674	8,301	7,473	4,974	3,081	1,726
Short-Term Investments	-	50.21	101.39	-	54.62	-
Trading Asset Securities	1,408	2,288	1,260	228.07	685.11	601.49
Cash & Short-Term Investments	9,082	10,640	8,835	5,202	3,820	2,328
Cash Growth	-3.05%	20.44%	69.83%	36.17%	64.13%	-22.69%
Accounts Receivable	1,698	1,570	1,096	994.85	1,185	770.94
Other Receivables	85.61	356.67	343.22	136.11	108.27	311.07
Receivables	1,783	1,927	1,440	1,131	1,294	1,083
Inventory	3,052	3,166	1,839	1,108	1,817	2,383
Prepaid Expenses	-	-	-	-	-	0.01
Other Current Assets	1,063	615.18	287.56	264.34	277.4	333.05
Total Current Assets	14,980	16,348	12,401	7,706	7,209	6,127
Property, Plant & Equipment	2,857	2,586	1,582	1,259	1,098	754.89
Long-Term Investments	892.47	898.14	374.55	703.52	464.46	184.14
Goodwill	132.58	134.66	137.69	135.68	133.44	122.26
Other Intangible Assets	915.5	913.1	894.05	847.04	333.15	338.81
Long-Term Deferred Tax Assets	474.78	324.56	107	67.49	66.34	63.16
Long-Term Deferred Charges	35.87	28.11	8.17	21.48	51.3	13.25
Other Long-Term Assets	366.44	286.69	173.57	109.02	38.5	68.98
Total Assets	20,655	21,520	15,678	10,850	9,394	7,672
Accounts Payable	7,897	7,940	6,187	3,669	2,897	1,941
Accrued Expenses	390.9	1,186	766.62	470.43	386.8	208.5
Current Portion of Long-Term Debt	101.11	27.78	-	-	-	-
Current Portion of Leases	-	21.62	29.96	26.01	25	26.4
Current Income Taxes Payable	373.04	221.46	98.7	36.86	58.36	94.16
Current Unearned Revenue	1,869	2,760	1,330	482.48	466.6	540.05
Other Current Liabilities	1,817	1,442	715.9	462.28	382.25	342.61
Total Current Liabilities	12,448	13,598	9,128	5,147	4,216	3,152
Long-Term Debt	158.73	158.73	-	-	22.82	20.89
Long-Term Leases	65.79	27.06	16.66	20.32	38.14	62.31
Long-Term Unearned Revenue	76.74	77.74	78.19	76.85	50.28	46.83
Pension & Post-Retirement Benefits	-	8.7	5.14	-	-	-
Long-Term Deferred Tax Liabilities	123.62	123.47	102.56	58.47	28.45	29.18
Other Long-Term Liabilities	270.45	264.71	113.28	13.72	91.9	88.11
Total Liabilities	13,143	14,259	9,443	5,316	4,447	3,400
Common Stock	0.05	0.05	0.05	0.05	0.05	0.05
Additional Paid-In Capital	6,687	6,645	7,572	7,866	7,702	7,579
Retained Earnings	1,028	824.15	-934.02	-2,018	-2,620	-3,071
Treasury Stock	-101.25	-101.25	-247.83	-200	-	-
Comprehensive Income & Other	-209.76	-207.77	-233.64	-191.36	-184.61	-233.09
Total Common Equity	7,404	7,160	6,156	5,457	4,898	4,275
Minority Interest	108.57	100.74	78.14	76.99	48.69	-1.89
Shareholders' Equity	7,512	7,261	6,234	5,534	4,946	4,273
Total Liabilities & Equity	20,655	21,520	15,678	10,850	9,394	7,672
Total Debt	325.63	235.2	46.62	46.32	85.96	109.61
Net Cash (Debt)	8,756	10,405	8,788	5,156	3,734	2,218
Net Cash Growth	-5.75%	18.40%	70.45%	38.06%	68.37%	-17.61%
Net Cash Per Share	11.73	13.72	11.07	6.50	4.74	2.89
Filing Date Shares Outstanding	718.61	721.44	717.12	722.87	714.44	707.89
Total Common Shares Outstanding	718.61	721.44	717.12	722.87	714.44	707.89
Working Capital	2,533	2,750	3,273	2,560	2,993	2,975
Book Value Per Share	10.30	9.92	8.58	7.55	6.86	6.04
Tangible Book Value	6,356	6,113	5,125	4,474	4,431	3,814
Tangible Book Value Per Share	8.84	8.47	7.15	6.19	6.20	5.39
Land	-	14.86	5.85	5.76	5.66	5.19
Buildings	-	1,690	922.54	846.72	711.11	375.21
Machinery	-	816.08	657.28	494.88	405.04	313.35
Construction In Progress	-	531.68	351.09	142.68	102.4	77.92

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