DHC Software 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	1,959	2,983	2,000	2,212	2,551	2,664
Short-Term Investments	-	-	-	-	-	10
Cash & Short-Term Investments	1,959	2,983	2,000	2,212	2,551	2,674
Cash Growth	47.30%	49.13%	-9.57%	-13.27%	-4.63%	4.19%
Accounts Receivable	9,066	7,786	7,348	7,303	7,067	6,768
Other Receivables	294.01	405.03	440.12	420.14	535.98	636.48
Receivables	9,360	8,191	7,788	7,723	7,603	7,405
Inventory	9,323	9,595	9,983	9,587	8,169	7,281
Prepaid Expenses	-	0.14	0.12	0.12	0.12	0.15
Other Current Assets	1,052	883.09	880.94	655.22	719.54	710.9
Total Current Assets	21,694	21,652	20,653	20,177	19,042	18,071
Property, Plant & Equipment	967.32	941.04	838.67	749.57	696.61	546.63
Long-Term Investments	1,381	1,676	1,668	1,520	1,276	1,217
Goodwill	568.09	568.09	568.09	639.83	641.78	641.78
Other Intangible Assets	144.45	148.96	157.25	168.05	181.71	197.27
Long-Term Accounts Receivable	236.58	321.53	404.05	157.97	243.68	276.65
Long-Term Deferred Tax Assets	213.74	219.87	185.41	151.09	112.53	80.84
Long-Term Deferred Charges	15.14	8.61	5.48	6.86	8.97	12.3
Other Long-Term Assets	26.94	57.07	67.93	67.03	26.03	27.88
Total Assets	25,247	25,592	24,547	23,638	22,229	21,071

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	1,962	1,905	2,236	2,164	2,088	2,120
Accrued Expenses	7.7	79.9	110.65	68.1	85.36	91.53
Short-Term Debt	6,987	7,216	5,761	4,326	4,344	3,723
Current Portion of Leases	-	21.18	18.61	24.62	31.51	87.13
Current Income Taxes Payable	57.49	18.44	12.75	9.7	20.12	12.15
Current Unearned Revenue	2,241	2,082	2,477	3,300	2,413	2,250
Other Current Liabilities	1,020	1,315	1,300	1,558	1,606	1,504
Total Current Liabilities	12,276	12,637	11,917	11,450	10,587	9,787
Long-Term Leases	9.44	18.92	23.86	15.84	35.42	73.74
Long-Term Unearned Revenue	111.18	109.99	114.09	110.82	107.49	87.53
Long-Term Deferred Tax Liabilities	36.54	50.18	43.39	50.86	22.39	14.97
Total Liabilities	12,433	12,816	12,098	11,628	10,752	9,964

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	3,205	3,205	3,205	3,205	3,205	3,205
Additional Paid-In Capital	2,992	2,992	2,993	2,805	2,751	2,769
Retained Earnings	6,190	6,123	5,806	5,467	5,188	4,948
Comprehensive Income & Other	-3.2	2.51	5.44	3.69	2.31	-3.41
Total Common Equity	12,385	12,323	12,010	11,481	11,147	10,919
Minority Interest	429.96	453.07	438.75	529.04	329.51	188.09
Shareholders' Equity	12,815	12,776	12,449	12,010	11,477	11,107
Total Liabilities & Equity	25,247	25,592	24,547	23,638	22,229	21,071

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	6,997	7,256	5,804	4,367	4,411	3,884
Net Cash (Debt)	-5,038	-4,273	-3,803	-2,155	-1,860	-1,210
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.57	-1.33	-1.19	-0.67	-0.58	-0.38
Filing Date Shares Outstanding	3,205	3,205	3,205	3,205	3,205	3,205
Total Common Shares Outstanding	3,205	3,205	3,205	3,205	3,205	3,205
Working Capital	9,418	9,014	8,736	8,727	8,455	8,284
Book Value Per Share	3.86	3.84	3.75	3.58	3.48	3.41
Tangible Book Value	11,672	11,606	11,285	10,673	10,324	10,080
Tangible Book Value Per Share	3.64	3.62	3.52	3.33	3.22	3.14
Buildings	-	336	348.89	169.38	169.38	168.68
Machinery	-	1,146	1,063	994.28	901.08	750.68
Construction In Progress	-	412.74	268.04	332.21	259.45	160.83