Shenzhen Clou Electronics Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,474	1,311	902.36	1,118	761.52
Trading Asset Securities	0.01	0.03	0.88	0	0.01
Cash & Short-Term Investments	1,474	1,311	903.25	1,118	761.52
Cash Growth	12.40%	45.19%	-19.20%	46.80%	-29.21%
Accounts Receivable	2,061	1,214	1,298	1,464	1,523
Other Receivables	63.26	123.88	99.13	276.88	310.39
Receivables	2,124	1,338	1,397	1,741	1,833
Inventory	943.31	878.21	880.05	1,159	719.24
Other Current Assets	248.28	219.72	214.8	207.07	300.03
Total Current Assets	4,790	3,747	3,395	4,225	3,614
Property, Plant & Equipment	2,192	2,146	2,563	2,379	2,528
Long-Term Investments	358.68	425.63	539.58	585.58	547.02
Goodwill	70.36	73.32	73.32	73.32	78.15
Other Intangible Assets	412.15	439.37	510.28	462.96	489.16
Long-Term Accounts Receivable	-	13.06	14.42	17.74	20.39
Long-Term Deferred Tax Assets	364.91	551.83	578.03	508.76	471.57
Long-Term Deferred Charges	48.52	60.3	70.53	86.36	128.46
Other Long-Term Assets	36.35	148.19	165.42	458.92	404.03
Total Assets	8,273	7,605	7,910	8,797	8,281
Accounts Payable	2,948	2,243	1,858	2,037	2,194
Accrued Expenses	198.38	181.38	210.14	155.48	173.69
Short-Term Debt	2,700	2,775	2,901	2,954	2,524
Current Portion of Long-Term Debt	390.82	419.85	50.63	620.22	612.41
Current Portion of Leases	-	-	19.6	37.35	49.61
Current Income Taxes Payable	60.2	3.85	4.29	1.76	10.43
Current Unearned Revenue	665.31	892.37	721.68	726.13	273.46
Other Current Liabilities	353.71	250.31	407.64	719.5	575.2
Total Current Liabilities	7,317	6,765	6,173	7,252	6,412
Long-Term Debt	292.12	141.96	589.52	728.6	702.61
Long-Term Leases	16.26	-	0.45	20.15	57.37
Long-Term Unearned Revenue	24.54	27.25	58.2	86.25	128.32
Long-Term Deferred Tax Liabilities	0.97	3.39	3.39	6.28	6.43
Other Long-Term Liabilities	220.86	156.24	104.64	10.17	0.76
Total Liabilities	7,872	7,094	6,929	8,103	7,308
Common Stock	1,661	1,661	1,661	1,408	1,408
Additional Paid-In Capital	2,494	2,480	2,475	1,910	1,932
Retained Earnings	-3,825	-3,669	-3,205	-2,677	-2,575
Comprehensive Income & Other	27.17	27.34	10.14	6.67	2.26
Total Common Equity	356.46	499.19	940.61	648.5	766.93
Minority Interest	44.4	11.46	39.88	45.39	205.91
Shareholders' Equity	400.86	510.65	980.49	693.89	972.85
Total Liabilities & Equity	8,273	7,605	7,910	8,797	8,281
Total Debt	3,399	3,337	3,561	4,361	3,946
Net Cash (Debt)	-1,925	-2,025	-2,658	-3,243	-3,184
Net Cash Per Share	-1.16	-1.22	-1.71	-2.30	-2.26
Filing Date Shares Outstanding	1,658	1,661	1,661	1,408	1,408
Total Common Shares Outstanding	1,658	1,661	1,661	1,408	1,408
Working Capital	-2,527	-3,018	-2,778	-3,027	-2,798
Book Value Per Share	0.22	0.30	0.57	0.46	0.54
Tangible Book Value	-126.05	-13.5	357.01	112.23	199.62
Tangible Book Value Per Share	-0.08	-0.01	0.21	0.08	0.14
Buildings	-	2,045	2,332	888.17	818.94
Machinery	-	630.22	884.89	938.24	1,221
Construction In Progress	-	58.6	62.25	1,230	1,160

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