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	Jun '26 Jun 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	1,148	1,816	1,671	1,545	1,632	905.64
Trading Asset Securities	1,418	1,302	1,384	1,364	611.79	1,123
Cash & Short-Term Investments	2,566	3,119	3,056	2,909	2,244	2,029
Cash Growth	-7.28%	2.07%	5.05%	29.61%	10.63%	9.96%
Accounts Receivable	907.31	929.14	1,193	1,260	1,585	1,630
Other Receivables	18.32	21.78	28.49	22.09	36.71	56.21
Receivables	925.64	950.92	1,221	1,282	1,622	1,686
Inventory	664	700.21	698.78	801.05	771.13	917.81
Prepaid Expenses	-	4.66	1.58	1.73	2.34	-
Other Current Assets	62.82	70.11	68.77	39.52	48.24	26.3
Total Current Assets	4,218	4,845	5,046	5,033	4,688	4,659
Property, Plant & Equipment	1,570	1,550	1,499	1,452	1,366	1,221
Long-Term Investments	75.65	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	309.29	305.35	313.01	316.86	193.64	199.45
Long-Term Deferred Tax Assets	182.05	184.41	188.9	159.21	139.28	88.27
Long-Term Deferred Charges	35.5	39.9	50.6	42.64	60.24	92.18
Other Long-Term Assets	10.47	11.13	23.22	5.8	7.56	24.74
Total Assets	6,505	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	Jun '26 Jun 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	1,436	1,866	2,257	2,414	2,136	2,141
Accrued Expenses	80.87	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	37.6	14.1	27.56	26.87	5.69	5.16
Current Unearned Revenue	177.88	259.1	216.12	218.87	208.01	157.58
Other Current Liabilities	674.41	183	144.73	160.43	120.27	136.73
Total Current Liabilities	2,473	3,151	3,389	3,478	3,201	3,148
Long-Term Debt	97.36	34.29	24.31	-	49.55	-
Long-Term Leases	0.42	0.55	-	1.08	3.32	3.17
Long-Term Unearned Revenue	43.53	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	2,616	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	Jun '26 Jun 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	3,068	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	3,838	3,831	3,779	3,644	3,301	3,243
Minority Interest	50.74	43.31	44.51	45.89	103.58	94.34
Shareholders' Equity	3,889	3,874	3,824	3,690	3,405	3,337
Total Liabilities & Equity	6,505	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	Jun '26 Jun 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	163.74	97.84	75.45	53.89	235.05	213.02
Net Cash (Debt)	2,402	3,021	2,980	2,855	2,009	1,816
Net Cash Growth	-10.47%	1.37%	4.39%	42.09%	10.66%	7.11%
Net Cash Per Share	2.89	3.64	3.58	3.37	2.37	2.10
Filing Date Shares Outstanding	830.98	831.06	831.06	847.65	847.65	847.65
Total Common Shares Outstanding	830.98	831.06	831.06	847.65	847.65	847.65
Working Capital	1,745	1,694	1,657	1,555	1,487	1,511
Book Value Per Share	4.62	4.61	4.55	4.30	3.89	3.83
Tangible Book Value	3,425	3,422	3,363	3,223	3,004	2,940
Tangible Book Value Per Share	4.12	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