Infund Holding Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	48.18	402.28	146.4	222.04	24.76	36.9
Trading Asset Securities	98.72	6.63	471.17	447.65	43.55	241.06
Cash & Short-Term Investments	146.9	408.92	617.57	669.69	68.3	277.96
Cash Growth	-70.50%	-33.79%	-7.78%	880.45%	-75.43%	462.31%
Accounts Receivable	645.12	407.66	32.58	23.26	337.69	319.98
Other Receivables	2.54	4.89	1.69	4.08	9.04	10.48
Receivables	647.65	412.55	34.26	27.33	346.73	330.46
Inventory	71.67	138.62	24.27	30.37	194.64	132.25
Prepaid Expenses	-	-	-	-	0	0
Other Current Assets	8.45	101.78	67.25	34.24	83.26	19.93
Total Current Assets	874.68	1,062	743.36	761.63	692.93	760.61
Property, Plant & Equipment	166.66	191.91	178.9	208.91	348.49	245.4
Long-Term Investments	133.14	143.11	142.2	146.94	85.39	82.34
Goodwill	0.4	-	76.34	138.87	139.1	0.23
Other Intangible Assets	23.64	26.05	29.3	24.23	68.53	42.34
Long-Term Accounts Receivable	-	-	-	-	5.99	9.17
Long-Term Deferred Tax Assets	36.77	40.89	14.78	11.84	12	12.16
Long-Term Deferred Charges	9.02	6.59	7.24	9.42	29.9	14.79
Other Long-Term Assets	0.15	0.4	0.47	42.16	12.63	0.2
Total Assets	1,244	1,471	1,193	1,344	1,395	1,167
Accounts Payable	101.22	417.93	21.24	19.73	89.27	98.55
Accrued Expenses	9.61	10.35	5.94	12.91	33.2	33.73
Short-Term Debt	9.01	11.01	4.38	-	21.22	22.09
Current Portion of Leases	19.45	20.93	-	5.89	28.44	69.1
Current Income Taxes Payable	0.63	0	0	0.19	3.95	3.86
Current Unearned Revenue	4.2	12.91	9.81	10.84	4.61	18.15
Other Current Liabilities	171.61	60.3	34.53	48.69	298.17	121.7
Total Current Liabilities	315.72	533.44	75.89	98.24	478.86	367.18
Long-Term Leases	25.84	36.06	-	8.83	3.91	-
Long-Term Unearned Revenue	2.23	2.52	2.91	3.3	14.31	15.07
Long-Term Deferred Tax Liabilities	19.93	23.8	12.62	14.73	19.97	7.43
Other Long-Term Liabilities	-	4	9.45	-	28.33	28.94
Total Liabilities	363.72	599.81	100.87	125.1	545.39	418.61
Common Stock	1,033	1,033	1,135	1,135	1,135	1,135
Additional Paid-In Capital	171.81	171.81	171.1	171.1	87.18	87.18
Retained Earnings	-356.6	-399.99	-286.98	-166.87	-399.12	-428.04
Treasury Stock	-30.02	-1.35	-	-	-	-
Comprehensive Income & Other	13.68	16.89	12.31	7.14	-19.08	-12.69
Total Common Equity	831.8	820.3	1,031	1,146	803.64	781.11
Minority Interest	48.94	50.71	60.64	72.87	45.94	-32.48
Shareholders' Equity	880.74	871.01	1,092	1,219	849.57	748.63
Total Liabilities & Equity	1,244	1,471	1,193	1,344	1,395	1,167
Total Debt	54.3	68	4.38	14.72	53.57	91.19
Net Cash (Debt)	92.6	340.92	613.2	654.97	14.74	186.78
Net Cash Growth	-78.54%	-44.40%	-6.38%	4344.82%	-92.11%	-
Net Cash Per Share	0.09	0.32	0.54	0.58	0.01	0.16
Filing Date Shares Outstanding	1,019	1,032	1,135	1,135	1,135	1,135
Total Common Shares Outstanding	1,019	1,032	1,135	1,135	1,135	1,135
Working Capital	558.96	528.42	667.47	663.39	214.07	393.43
Book Value Per Share	0.82	0.80	0.91	1.01	0.71	0.69
Tangible Book Value	807.77	794.25	925.45	982.92	596.01	738.54
Tangible Book Value Per Share	0.79	0.77	0.82	0.87	0.53	0.65
Buildings	-	51.45	51.45	51.84	61.34	190.39
Machinery	-	257.59	286.15	283.1	521.61	313.9
Construction In Progress	-	0.02	-	-	86.5	22.9

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.