Vatti Corporation 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	1,254	1,816	1,671	1,545	1,632	905.64
Trading Asset Securities	1,493	1,302	1,384	1,364	611.79	1,123
Cash & Short-Term Investments	2,747	3,119	3,056	2,909	2,244	2,029
Cash Growth	-12.54%	2.07%	5.05%	29.61%	10.63%	9.96%
Accounts Receivable	989.46	929.14	1,193	1,260	1,585	1,630
Other Receivables	27.45	19.53	28.49	22.09	36.71	56.21
Receivables	1,017	948.68	1,221	1,282	1,622	1,686
Inventory	699.91	700.21	698.78	801.05	771.13	917.81
Prepaid Expenses	-	-	1.58	1.73	2.34	-
Other Current Assets	68.22	77.01	68.77	39.52	48.24	26.3
Total Current Assets	4,532	4,845	5,046	5,033	4,688	4,659
Property, Plant & Equipment	1,543	1,550	1,499	1,452	1,366	1,221
Long-Term Investments	75.21	75.85	74	85.12	140.96	144.53
Goodwill	103.75	103.75	103.75	103.75	103.75	103.75
Other Intangible Assets	303.24	305.35	313.01	316.86	193.64	199.45
Long-Term Deferred Tax Assets	183.63	184.41	188.9	159.21	139.28	88.27
Long-Term Deferred Charges	35.76	39.9	50.6	42.64	60.24	92.18
Other Long-Term Assets	12.11	11.13	23.22	5.8	7.56	24.74
Total Assets	6,789	7,115	7,298	7,199	6,699	6,533
Accounts Payable	1,648	1,866	2,257	2,414	2,136	2,141
Accrued Expenses	64.22	115.61	655.23	605.33	549.21	497.15
Short-Term Debt	50.08	50.03	50.06	50.04	179.35	207.15
Current Portion of Long-Term Debt	12.99	12.96	-	-	-	-
Current Portion of Leases	-	-	1.08	2.77	2.83	2.71
Current Income Taxes Payable	44.9	39.44	27.56	26.87	5.69	5.16
Current Unearned Revenue	313.55	259.1	216.12	218.87	208.01	157.58
Other Current Liabilities	648.39	807.3	182.1	160.43	120.27	136.73
Total Current Liabilities	2,783	3,151	3,389	3,478	3,201	3,148
Long-Term Debt	52.62	34.29	24.31	-	49.55	-
Long-Term Leases	0.55	0.55	-	1.08	3.32	3.17
Long-Term Unearned Revenue	51.85	52.85	56.89	22.74	31.17	44.34
Long-Term Deferred Tax Liabilities	0.58	1.79	2.61	5.72	8.98	0.17
Other Long-Term Liabilities	0.2	0.2	1.2	0.9	0.45	-
Total Liabilities	2,888	3,240	3,474	3,509	3,295	3,196
Common Stock	847.65	847.65	847.65	847.65	847.65	847.65
Additional Paid-In Capital	22.53	22.53	22.53	22.53	22.53	22.54
Retained Earnings	3,079	3,061	3,009	2,774	2,431	2,373
Treasury Stock	-100.05	-100.05	-100.05	-	-	-
Comprehensive Income & Other	0.05	0.05	0.05	-	-	-
Total Common Equity	3,849	3,831	3,779	3,644	3,301	3,243
Minority Interest	51.32	43.31	44.51	45.89	103.58	94.34
Shareholders' Equity	3,900	3,874	3,824	3,690	3,405	3,337
Total Liabilities & Equity	6,789	7,115	7,298	7,199	6,699	6,533
Total Debt	116.23	97.84	75.45	53.89	235.05	213.02
Net Cash (Debt)	2,631	3,021	2,980	2,855	2,009	1,816
Net Cash Growth	-14.18%	1.37%	4.39%	42.09%	10.66%	7.11%
Net Cash Per Share	3.17	3.64	3.58	3.37	2.37	2.10
Filing Date Shares Outstanding	830.79	830.91	831.06	847.65	847.65	847.65
Total Common Shares Outstanding	830.79	830.91	831.06	847.65	847.65	847.65
Working Capital	1,750	1,694	1,657	1,555	1,487	1,511
Book Value Per Share	4.63	4.61	4.55	4.30	3.89	3.83
Tangible Book Value	3,442	3,422	3,363	3,223	3,004	2,940
Tangible Book Value Per Share	4.14	4.12	4.05	3.80	3.54	3.47
Buildings	-	-	1,275	1,237	1,226	1,125
Machinery	-	-	583.43	574.33	510.13	422.28
Construction In Progress	-	-	215.36	142.28	61.16	54.66

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