Vatti Corporation 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	1,082	1,671	1,545	1,632	905.64	914.09
Trading Asset Securities	1,799	1,384	1,364	611.79	1,123	930.8
Cash & Short-Term Investments	2,881	3,056	2,909	2,244	2,029	1,845
Cash Growth	2.86%	5.05%	29.61%	10.63%	9.96%	-11.76%
Accounts Receivable	1,030	1,193	1,260	1,585	1,630	1,688
Other Receivables	28.35	28.49	22.09	36.71	56.21	62.98
Receivables	1,058	1,221	1,282	1,622	1,686	1,751
Inventory	718.08	698.78	801.05	771.13	917.81	663.84
Prepaid Expenses	-	1.58	1.73	2.34	-	0.96
Other Current Assets	59.54	68.77	39.52	48.24	26.3	15.24
Total Current Assets	4,716	5,046	5,033	4,688	4,659	4,276
Property, Plant & Equipment	1,549	1,499	1,452	1,366	1,221	925.72
Long-Term Investments	74.44	74	85.12	140.96	144.53	103.72
Goodwill	103.75	103.75	103.75	103.75	103.75	103.75
Other Intangible Assets	306.92	313.01	316.86	193.64	199.45	199.4
Long-Term Deferred Tax Assets	190.13	188.9	159.21	139.28	88.27	48.79
Long-Term Deferred Charges	40.89	50.6	42.64	60.24	92.18	169.04
Other Long-Term Assets	11.31	23.22	5.8	7.56	24.74	17.1
Total Assets	6,993	7,298	7,199	6,699	6,533	5,843
Accounts Payable	1,740	2,257	2,414	2,136	2,141	1,591
Accrued Expenses	105.21	655.23	605.33	549.21	497.15	494.52
Short-Term Debt	50.05	50.06	50.04	179.35	207.15	149.74
Current Portion of Leases	0.03	1.08	2.77	2.83	2.71	-
Current Income Taxes Payable	41.98	27.56	26.87	5.69	5.16	5.88
Current Unearned Revenue	360.81	216.12	218.87	208.01	157.58	184.24
Other Current Liabilities	670.48	182.1	160.43	120.27	136.73	135.14
Total Current Liabilities	2,969	3,389	3,478	3,201	3,148	2,560
Long-Term Debt	38.14	24.31	-	49.55	-	-
Long-Term Leases	-	-	1.08	3.32	3.17	-
Long-Term Unearned Revenue	53.97	56.89	22.74	31.17	44.34	49.39
Long-Term Deferred Tax Liabilities	1.71	2.61	5.72	8.98	0.17	-
Other Long-Term Liabilities	0.9	1.2	0.9	0.45	-	-
Total Liabilities	3,063	3,474	3,509	3,295	3,196	2,610
Common Stock	847.65	847.65	847.65	847.65	847.65	869.23
Additional Paid-In Capital	22.53	22.53	22.53	22.53	22.54	80.91
Retained Earnings	3,116	3,009	2,774	2,431	2,373	2,411
Treasury Stock	-100.05	-100.05	-	-	-	-199.94
Comprehensive Income & Other	0.05	0.05	-	-	-	-
Total Common Equity	3,886	3,779	3,644	3,301	3,243	3,161
Minority Interest	43.74	44.51	45.89	103.58	94.34	72.62
Shareholders' Equity	3,930	3,824	3,690	3,405	3,337	3,234
Total Liabilities & Equity	6,993	7,298	7,199	6,699	6,533	5,843
Total Debt	88.22	75.45	53.89	235.05	213.02	149.74
Net Cash (Debt)	2,792	2,980	2,855	2,009	1,816	1,695
Net Cash Growth	2.60%	4.39%	42.09%	10.66%	7.11%	-18.92%
Net Cash Per Share	3.36	3.58	3.37	2.37	2.10	1.95
Filing Date Shares Outstanding	831.06	831.06	847.65	847.65	847.65	847.65
Total Common Shares Outstanding	831.06	831.06	847.65	847.65	847.65	847.65
Working Capital	1,748	1,657	1,555	1,487	1,511	1,716
Book Value Per Share	4.68	4.55	4.30	3.89	3.83	3.73
Tangible Book Value	3,475	3,363	3,223	3,004	2,940	2,858
Tangible Book Value Per Share	4.18	4.05	3.80	3.54	3.47	3.37
Buildings	-	1,275	1,237	1,226	1,125	559.38
Machinery	-	583.43	574.33	510.13	422.28	353.01
Construction In Progress	-	215.36	142.28	61.16	54.66	381.53

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.