Infund Holding 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	227.6	41.33	402.28	146.4	222.04	24.76
Trading Asset Securities	253.39	158.42	6.63	471.17	447.65	43.55
Cash & Short-Term Investments	480.99	199.75	408.92	617.57	669.69	68.3
Cash Growth	227.43%	-51.15%	-33.79%	-7.78%	880.45%	-75.43%
Accounts Receivable	744.64	587.52	407.66	32.58	23.26	337.69
Other Receivables	2.25	2.04	4.89	1.69	4.08	9.04
Receivables	746.88	589.57	412.55	34.26	27.33	346.73
Inventory	178.02	66.49	138.62	24.27	30.37	194.64
Prepaid Expenses	-	-	-	-	-	0
Other Current Assets	35.75	8.29	101.78	67.25	34.24	83.26
Total Current Assets	1,442	864.09	1,062	743.36	761.63	692.93
Property, Plant & Equipment	162.88	134.95	191.91	178.9	208.91	348.49
Long-Term Investments	134.36	133.67	143.11	142.2	146.94	85.39
Goodwill	-	-	-	76.34	138.87	139.1
Other Intangible Assets	20.74	23.17	26.05	29.3	24.23	68.53
Long-Term Accounts Receivable	-	-	-	-	-	5.99
Long-Term Deferred Tax Assets	39.41	38.57	40.89	14.78	11.84	12
Long-Term Deferred Charges	11.22	8.94	6.59	7.24	9.42	29.9
Other Long-Term Assets	-	-	0.4	0.47	42.16	12.63
Total Assets	1,810	1,203	1,471	1,193	1,344	1,395

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	381.64	88.52	417.93	21.24	19.73	89.27
Accrued Expenses	30.91	14.1	10.35	5.94	12.91	33.2
Short-Term Debt	18.51	18	11.01	4.38	-	21.22
Current Portion of Leases	-	19.64	20.93	-	5.89	28.44
Current Income Taxes Payable	58.27	0.82	0	0	0.19	3.95
Current Unearned Revenue	7.63	4.66	12.91	9.81	10.84	4.61
Other Current Liabilities	223.71	178.12	60.3	34.53	48.69	298.17
Total Current Liabilities	744.02	323.86	533.44	75.89	98.24	478.86
Long-Term Leases	19.29	20.86	36.06	-	8.83	3.91
Long-Term Unearned Revenue	1.84	2.13	2.52	2.91	3.3	14.31
Long-Term Deferred Tax Liabilities	18.4	18.04	23.8	12.62	14.73	19.97
Other Long-Term Liabilities	-	0.51	4	9.45	-	28.33
Total Liabilities	783.55	365.4	599.81	100.87	125.1	545.39

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	1,033	1,033	1,033	1,135	1,135	1,135
Additional Paid-In Capital	171.92	171.9	171.81	171.1	171.1	87.18
Retained Earnings	-281.42	-384.25	-399.99	-286.98	-166.87	-399.12
Treasury Stock	-30.02	-30.02	-1.35	-	-	-
Comprehensive Income & Other	-0.57	10.71	16.89	12.31	7.14	-19.08
Total Common Equity	892.85	801.27	820.3	1,031	1,146	803.64
Minority Interest	133.85	36.73	50.71	60.64	72.87	45.94
Shareholders' Equity	1,027	838	871.01	1,092	1,219	849.57
Total Liabilities & Equity	1,810	1,203	1,471	1,193	1,344	1,395

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	61.16	58.5	68	4.38	14.72	53.57
Net Cash (Debt)	419.83	141.25	340.92	613.2	654.97	14.74
Net Cash Growth	353.37%	-58.57%	-44.40%	-6.38%	4344.82%	-92.11%
Net Cash Per Share	0.41	0.14	0.32	0.54	0.58	0.01
Filing Date Shares Outstanding	1,023	1,019	1,032	1,135	1,135	1,135
Total Common Shares Outstanding	1,023	1,019	1,032	1,135	1,135	1,135
Working Capital	697.62	540.24	528.42	667.47	663.39	214.07
Book Value Per Share	0.87	0.79	0.80	0.91	1.01	0.71
Tangible Book Value	872.1	778.1	794.25	925.45	982.92	596.01
Tangible Book Value Per Share	0.85	0.76	0.77	0.82	0.87	0.53
Buildings	-	51.66	51.45	51.45	51.84	61.34
Machinery	-	233.93	257.59	286.15	283.1	521.61
Construction In Progress	-	0.31	0.02	-	-	86.5