Infund Holding Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	49.02	41.33	402.28	146.4	222.04	24.76
Trading Asset Securities	166.04	158.42	6.63	471.17	447.65	43.55
Cash & Short-Term Investments	215.06	199.75	408.92	617.57	669.69	68.3
Cash Growth	-46.81%	-51.15%	-33.79%	-7.78%	880.45%	-75.43%
Accounts Receivable	572.47	587.52	407.66	32.58	23.26	337.69
Other Receivables	2.19	1.92	4.89	1.69	4.08	9.04
Receivables	574.66	589.45	412.55	34.26	27.33	346.73
Inventory	84.57	66.49	138.62	24.27	30.37	194.64
Prepaid Expenses	-	-	-	-	-	0
Other Current Assets	5.53	8.41	101.78	67.25	34.24	83.26
Total Current Assets	879.83	864.09	1,062	743.36	761.63	692.93
Property, Plant & Equipment	126.43	134.95	191.91	178.9	208.91	348.49
Long-Term Investments	133.26	133.67	143.11	142.2	146.94	85.39
Goodwill	-	-	-	76.34	138.87	139.1
Other Intangible Assets	22.35	23.17	26.05	29.3	24.23	68.53
Long-Term Accounts Receivable	-	-	-	-	-	5.99
Long-Term Deferred Tax Assets	36.82	38.57	40.89	14.78	11.84	12
Long-Term Deferred Charges	8.98	8.94	6.59	7.24	9.42	29.9
Other Long-Term Assets	-	-	0.4	0.47	42.16	12.63
Total Assets	1,208	1,203	1,471	1,193	1,344	1,395
Accounts Payable	106.43	88.52	417.93	21.24	19.73	89.27
Accrued Expenses	10.1	11.41	10.35	5.94	12.91	33.2
Short-Term Debt	19.93	18	11.01	4.38	-	21.22
Current Portion of Long-Term Debt	19.86	19.64	-	-	-	-
Current Portion of Leases	-	-	20.93	-	5.89	28.44
Current Income Taxes Payable	2.4	3.72	0	0	0.19	3.95
Current Unearned Revenue	3.89	4.66	12.91	9.81	10.84	4.61
Other Current Liabilities	163.23	177.91	60.3	34.53	48.69	298.17
Total Current Liabilities	325.83	323.86	533.44	75.89	98.24	478.86
Long-Term Leases	15.94	20.86	36.06	-	8.83	3.91
Long-Term Unearned Revenue	2.03	2.13	2.52	2.91	3.3	14.31
Long-Term Deferred Tax Liabilities	17	18.04	23.8	12.62	14.73	19.97
Other Long-Term Liabilities	0.4	0.51	4	9.45	-	28.33
Total Liabilities	361.2	365.4	599.81	100.87	125.1	545.39
Common Stock	1,033	1,033	1,033	1,135	1,135	1,135
Additional Paid-In Capital	171.9	171.9	171.81	171.1	171.1	87.18
Retained Earnings	-374.31	-384.25	-399.99	-286.98	-166.87	-399.12
Treasury Stock	-30.02	-30.02	-1.35	-	-	-
Comprehensive Income & Other	6.52	10.71	16.89	12.31	7.14	-19.08
Total Common Equity	807.02	801.27	820.3	1,031	1,146	803.64
Minority Interest	39.44	36.73	50.71	60.64	72.87	45.94
Shareholders' Equity	846.46	838	871.01	1,092	1,219	849.57
Total Liabilities & Equity	1,208	1,203	1,471	1,193	1,344	1,395
Total Debt	55.72	58.5	68	4.38	14.72	53.57
Net Cash (Debt)	159.34	141.25	340.92	613.2	654.97	14.74
Net Cash Growth	-51.16%	-58.57%	-44.40%	-6.38%	4344.82%	-92.11%
Net Cash Per Share	0.16	0.14	0.32	0.54	0.58	0.01
Filing Date Shares Outstanding	1,015	1,025	1,032	1,135	1,135	1,135
Total Common Shares Outstanding	1,015	1,025	1,032	1,135	1,135	1,135
Working Capital	554	540.24	528.42	667.47	663.39	214.07
Book Value Per Share	0.80	0.78	0.80	0.91	1.01	0.71
Tangible Book Value	784.67	778.1	794.25	925.45	982.92	596.01
Tangible Book Value Per Share	0.77	0.76	0.77	0.82	0.87	0.53
Buildings	-	-	51.45	51.45	51.84	61.34
Machinery	-	-	257.59	286.15	283.1	521.61
Construction In Progress	-	-	0.02	-	-	86.5

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