Bosun 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	577.23	620.27	678.73	645.21	389.39	178.2
Short-Term Investments	-	129.81	15.03	-	-	-
Trading Asset Securities	191.2	52.06	31.96	36.39	91.17	160.45
Cash & Short-Term Investments	768.42	802.14	725.73	681.6	480.57	338.65
Cash Growth	17.38%	10.53%	6.47%	41.83%	41.91%	36.05%
Accounts Receivable	764.5	739.49	665.68	447.62	447.1	460.63
Other Receivables	1.84	5.13	12.68	13.19	40.57	4.08
Receivables	766.34	744.62	678.36	460.8	487.66	464.71
Inventory	473.7	442.23	398.15	443.73	498.2	395.11
Prepaid Expenses	-	0.04	0.04	0.81	0.23	-
Other Current Assets	100.39	44.16	100.34	26.18	42.28	48.06
Total Current Assets	2,109	2,033	1,903	1,613	1,509	1,247
Property, Plant & Equipment	549.29	575.51	608.06	633.73	657.06	717.77
Long-Term Investments	-	31.41	30.48	206.3	292.76	32.84
Goodwill	1,156	1,156	1,184	1,186	1,186	1,247
Other Intangible Assets	114.6	118.55	120.22	129.61	127.62	149.89
Long-Term Deferred Tax Assets	47.05	46.99	42.08	30.81	34.13	30.87
Long-Term Deferred Charges	0.89	0.93	0.71	1.33	-	-
Other Long-Term Assets	25.18	23.2	28.41	71.94	73.37	70.68
Total Assets	4,002	3,986	3,917	3,872	3,879	3,496
Accounts Payable	134.2	141.69	153.54	145.84	204.84	201.25
Accrued Expenses	20.66	31.82	39.64	37.16	35.1	39.54
Short-Term Debt	-	-	-	60.13	80.09	242.25
Current Portion of Leases	2.99	1.34	3.67	1.75	3.64	-
Current Income Taxes Payable	16.65	11.94	15.38	11.95	11.74	22.4
Current Unearned Revenue	27.23	30.64	37.09	26.92	27.2	21.14
Other Current Liabilities	121.36	153.35	132.75	22.13	23.98	183.14
Total Current Liabilities	323.09	370.78	382.07	305.87	386.58	709.73
Long-Term Leases	5.4	0.72	1.4	6.42	7.06	-
Long-Term Unearned Revenue	16.98	19.61	22.96	25.57	25.91	23.96
Long-Term Deferred Tax Liabilities	35.99	33.63	34.49	48.33	54.89	17.15
Other Long-Term Liabilities	1.19	2.36	3.22	1.85	1.14	1.5
Total Liabilities	382.65	427.09	444.14	388.05	475.59	752.34
Common Stock	526.84	526.84	543.94	543.94	543.94	490.83
Additional Paid-In Capital	2,046	2,046	2,168	2,168	2,167	1,805
Retained Earnings	1,004	956.64	845.07	727.61	589.03	406.44
Comprehensive Income & Other	43.13	29.95	-117.6	13.73	72.48	13.17
Total Common Equity	3,620	3,559	3,439	3,453	3,373	2,716
Minority Interest	-	-	33.87	31.43	31.19	27.84
Shareholders' Equity	3,620	3,559	3,473	3,484	3,404	2,743
Total Liabilities & Equity	4,002	3,986	3,917	3,872	3,879	3,496
Total Debt	8.39	2.06	5.07	68.31	90.78	242.25
Net Cash (Debt)	760.04	800.08	720.66	613.3	389.78	96.4
Net Cash Growth	16.62%	11.02%	17.51%	57.34%	304.33%	364.72%
Net Cash Per Share	1.45	1.50	1.34	1.13	0.74	0.21
Filing Date Shares Outstanding	526.84	526.84	543.94	543.94	543.94	490.83
Total Common Shares Outstanding	526.84	526.84	543.94	543.94	543.94	490.83
Working Capital	1,786	1,662	1,521	1,307	1,122	536.81
Book Value Per Share	6.87	6.76	6.32	6.35	6.20	5.53
Tangible Book Value	2,349	2,284	2,134	2,138	2,059	1,319
Tangible Book Value Per Share	4.46	4.34	3.92	3.93	3.79	2.69
Buildings	-	591.67	577.06	507.62	509.05	515.27
Machinery	-	606.59	593.75	619.88	614.4	605.15
Construction In Progress	-	16.87	17.29	30.39	6.27	34.85

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