Allwin Telecommunication 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	87.81	64.8	63.03	218.86	181.09	148.66
Trading Asset Securities	-	-	26	-	-	-
Cash & Short-Term Investments	87.81	64.8	89.03	218.86	181.09	148.66
Cash Growth	90.26%	-27.21%	-59.32%	20.86%	21.82%	-48.79%
Accounts Receivable	23.87	56.39	121.64	153.29	195.19	160.81
Other Receivables	1.2	188.56	88.78	0.09	0.24	0.13
Receivables	25.07	244.95	210.42	153.39	195.43	160.94
Inventory	89.07	146.1	169.12	138.73	207.18	319.22
Prepaid Expenses	-	0.66	0.67	0.05	0.99	0.87
Other Current Assets	5.42	11.01	14.76	16.07	33.88	56.57
Total Current Assets	207.38	467.52	484	527.1	618.58	686.27
Property, Plant & Equipment	31.64	37.22	38.96	24.48	25.35	30.06
Other Intangible Assets	2	2.16	2.15	1.85	1.96	2.04
Long-Term Accounts Receivable	2.34	2.76	4.04	5	5.28	4.97
Long-Term Deferred Tax Assets	2.87	2.87	7.73	11.7	18.7	19.02
Long-Term Deferred Charges	0.02	0.03	0.03	-	-	-
Other Long-Term Assets	-	-	0.09	9.92	10.41	7.2
Total Assets	246.24	512.56	536.99	580.06	680.27	749.57
Accounts Payable	87.31	107.35	146.5	129.83	175.72	190.6
Accrued Expenses	3.77	1.32	2	6.63	7.63	5.05
Short-Term Debt	20	23.96	21.39	-	-	-
Current Portion of Leases	-	0.98	0.46	-	-	-
Current Income Taxes Payable	0.98	0.79	0.1	-	0.06	0.08
Current Unearned Revenue	22.16	29.54	40.37	79.51	70.9	88.5
Other Current Liabilities	14.96	21	5.25	10.61	16.04	16.3
Total Current Liabilities	149.18	184.94	216.06	226.59	270.36	300.53
Long-Term Leases	-	1.81	0.61	-	-	-
Long-Term Unearned Revenue	-	-	4.68	3.46	3.74	3.38
Long-Term Deferred Tax Liabilities	0.4	0.58	-	0.17	0.14	0.11
Other Long-Term Liabilities	9.01	-	-	-	3	14.75
Total Liabilities	158.6	187.33	221.36	230.22	277.24	318.78
Common Stock	346.85	346.85	346.85	346.85	346.85	356.8
Additional Paid-In Capital	125.01	125.01	125.01	125.01	125.01	166.15
Retained Earnings	-389.97	-202.34	-156.22	-122.02	-68.84	-92.16
Total Common Equity	81.88	269.52	315.64	349.84	403.02	430.79
Minority Interest	5.76	55.71	-	-	-	-
Shareholders' Equity	87.64	325.23	315.64	349.84	403.02	430.79
Total Liabilities & Equity	246.24	512.56	536.99	580.06	680.27	749.57
Total Debt	20	26.74	22.46	-	-	-
Net Cash (Debt)	67.81	38.06	66.57	218.86	181.09	148.66
Net Cash Growth	130.37%	-42.83%	-69.58%	20.86%	21.82%	-47.55%
Net Cash Per Share	0.20	0.11	0.19	0.63	0.52	0.42
Filing Date Shares Outstanding	346.85	346.85	346.85	346.85	346.85	356.8
Total Common Shares Outstanding	346.85	346.85	346.85	346.85	346.85	356.8
Working Capital	58.2	282.58	267.94	300.52	348.22	385.73
Book Value Per Share	0.24	0.78	0.91	1.01	1.16	1.21
Tangible Book Value	79.89	267.36	313.48	347.99	401.07	428.75
Tangible Book Value Per Share	0.23	0.77	0.90	1.00	1.16	1.20
Buildings	-	52.66	52.66	37.02	37.02	42.33
Machinery	-	34.65	34.31	27.95	28.13	29.15

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