Vatti Corporation Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	1,035	1,816	1,671	1,545	1,632	905.64
Trading Asset Securities	1,613	1,302	1,384	1,364	611.79	1,123
Cash & Short-Term Investments	2,648	3,119	3,056	2,909	2,244	2,029
Cash Growth	-8.08%	2.07%	5.05%	29.61%	10.63%	9.96%
Accounts Receivable	935.25	929.14	1,193	1,260	1,585	1,630
Other Receivables	23.71	21.78	28.49	22.09	36.71	56.21
Receivables	958.96	950.92	1,221	1,282	1,622	1,686
Inventory	694.25	700.21	698.78	801.05	771.13	917.81
Prepaid Expenses	-	4.66	1.58	1.73	2.34	-
Other Current Assets	56.24	70.11	68.77	39.52	48.24	26.3
Total Current Assets	4,357	4,845	5,046	5,033	4,688	4,659
Property, Plant & Equipment	1,557	1,550	1,499	1,452	1,366	1,221
Long-Term Investments	75.5	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	305.92	305.35	313.01	316.86	193.64	199.45
Long-Term Deferred Tax Assets	182.21	184.41	188.9	159.21	139.28	88.27
Long-Term Deferred Charges	33.66	39.9	50.6	42.64	60.24	92.18
Other Long-Term Assets	8.18	11.13	23.22	5.8	7.56	24.74
Total Assets	6,624	7,115	7,298	7,199	6,699	6,533

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	1,501	1,866	2,257	2,414	2,136	2,141
Accrued Expenses	88.06	765.25	692.6	605.33	549.21	497.15
Short-Term Debt	50.03	50.03	50.06	50.04	179.35	207.15
Current Portion of Long-Term Debt	15.93	12.53	-	-	-	-
Current Portion of Leases	-	0.43	1.08	2.77	2.83	2.71
Current Income Taxes Payable	29.49	14.1	27.56	26.87	5.69	5.16
Current Unearned Revenue	238.85	259.1	216.12	218.87	208.01	157.58
Other Current Liabilities	626.33	183	144.73	160.43	120.27	136.73
Total Current Liabilities	2,550	3,151	3,389	3,478	3,201	3,148
Long-Term Debt	97.36	34.29	24.31	-	49.55	-
Long-Term Leases	0.32	0.55	-	1.08	3.32	3.17
Long-Term Unearned Revenue	43.78	52.85	56.89	22.74	31.17	44.34
Long-Term Deferred Tax Liabilities	1.57	1.79	2.61	5.72	8.98	0.17
Other Long-Term Liabilities	-	0.2	1.2	0.9	0.45	-
Total Liabilities	2,693	3,240	3,474	3,509	3,295	3,196

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
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	3,110	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	3,880	3,831	3,779	3,644	3,301	3,243
Minority Interest	50.5	43.31	44.51	45.89	103.58	94.34
Shareholders' Equity	3,931	3,874	3,824	3,690	3,405	3,337
Total Liabilities & Equity	6,624	7,115	7,298	7,199	6,699	6,533

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	163.65	97.84	75.45	53.89	235.05	213.02
Net Cash (Debt)	2,484	3,021	2,980	2,855	2,009	1,816
Net Cash Growth	-11.03%	1.37%	4.39%	42.09%	10.66%	7.11%
Net Cash Per Share	2.99	3.64	3.58	3.37	2.37	2.10
Filing Date Shares Outstanding	831.06	831.06	831.06	847.65	847.65	847.65
Total Common Shares Outstanding	831.06	831.06	831.06	847.65	847.65	847.65
Working Capital	1,807	1,694	1,657	1,555	1,487	1,511
Book Value Per Share	4.67	4.61	4.55	4.30	3.89	3.83
Tangible Book Value	3,471	3,422	3,363	3,223	3,004	2,940
Tangible Book Value Per Share	4.18	4.12	4.05	3.80	3.54	3.47
Buildings	-	1,467	1,275	1,237	1,226	1,125
Machinery	-	498.36	476.16	574.33	510.13	422.28
Construction In Progress	-	118.94	215.36	142.28	61.16	54.66