Bosun 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	637.58	730.15	620.27	678.73	645.21	389.39
Short-Term Investments	-	58.44	150.1	15.03	-	-
Trading Asset Securities	211.95	131.4	52.06	31.96	36.39	91.17
Cash & Short-Term Investments	849.54	919.99	822.43	725.73	681.6	480.57
Cash Growth	21.45%	11.86%	13.33%	6.47%	41.83%	41.91%
Accounts Receivable	737.38	729.17	739.49	665.68	447.62	447.1
Other Receivables	2.09	7.35	5.13	12.68	13.19	40.57
Receivables	739.47	736.52	744.62	678.36	460.8	487.66
Inventory	448.01	438.34	442.23	398.15	443.73	498.2
Prepaid Expenses	-	0.02	0.04	0.04	0.81	0.23
Other Current Assets	134.17	39.99	23.87	100.34	26.18	42.28
Total Current Assets	2,171	2,135	2,033	1,903	1,613	1,509
Property, Plant & Equipment	516.99	535.08	575.51	608.06	633.73	657.06
Long-Term Investments	-	-	31.41	30.48	206.3	292.76
Goodwill	1,130	1,130	1,156	1,184	1,186	1,186
Other Intangible Assets	112.25	113.84	118.55	120.22	129.61	127.62
Long-Term Deferred Tax Assets	64.99	60.97	46.99	42.08	30.81	34.13
Long-Term Deferred Charges	1.22	1.35	0.93	0.71	1.33	-
Other Long-Term Assets	22.69	22.38	23.2	28.41	71.94	73.37
Total Assets	4,019	3,998	3,986	3,917	3,872	3,879
Accounts Payable	137.26	116.34	141.69	153.54	145.84	204.84
Accrued Expenses	22.85	40.79	31.82	39.64	37.16	35.1
Short-Term Debt	-	-	-	-	60.13	80.09
Current Portion of Long-Term Debt	2.78	-	-	-	-	-
Current Portion of Leases	-	2.8	1.34	3.67	1.75	3.64
Current Income Taxes Payable	19.91	10.04	11.94	15.38	11.95	11.74
Current Unearned Revenue	13	22.52	30.64	37.09	26.92	27.2
Other Current Liabilities	112.36	113.02	153.35	132.75	22.13	23.98
Total Current Liabilities	308.17	305.51	370.78	382.07	305.87	386.58
Long-Term Leases	4.18	4.73	0.72	1.4	6.42	7.06
Long-Term Unearned Revenue	15.45	16.18	19.61	22.96	25.57	25.91
Long-Term Deferred Tax Liabilities	50.36	50.7	33.63	34.49	48.33	54.89
Other Long-Term Liabilities	2.35	2.35	2.36	3.22	1.85	1.14
Total Liabilities	380.51	379.47	427.09	444.14	388.05	475.59
Common Stock	526.84	526.84	526.84	543.94	543.94	543.94
Additional Paid-In Capital	2,046	2,046	2,046	2,168	2,168	2,167
Retained Earnings	1,039	1,007	956.64	845.07	727.61	589.03
Comprehensive Income & Other	27	38.78	29.95	-117.6	13.73	72.48
Total Common Equity	3,639	3,619	3,559	3,439	3,453	3,373
Minority Interest	-	-	-	33.87	31.43	31.19
Shareholders' Equity	3,639	3,619	3,559	3,473	3,484	3,404
Total Liabilities & Equity	4,019	3,998	3,986	3,917	3,872	3,879
Total Debt	6.96	7.53	2.06	5.07	68.31	90.78
Net Cash (Debt)	842.58	912.46	820.37	720.66	613.3	389.78
Net Cash Growth	20.70%	11.22%	13.84%	17.51%	57.34%	304.33%
Net Cash Per Share	1.59	1.71	1.54	1.34	1.13	0.74
Filing Date Shares Outstanding	514.18	526.84	526.84	543.94	543.94	543.94
Total Common Shares Outstanding	514.18	526.84	526.84	543.94	543.94	543.94
Working Capital	1,863	1,829	1,662	1,521	1,307	1,122
Book Value Per Share	7.08	6.87	6.76	6.32	6.35	6.20
Tangible Book Value	2,397	2,375	2,284	2,134	2,138	2,059
Tangible Book Value Per Share	4.66	4.51	4.34	3.92	3.93	3.79
Buildings	-	605.33	591.67	577.06	507.62	509.05
Machinery	-	599.97	606.59	593.75	619.88	614.4
Construction In Progress	-	2.67	16.87	17.29	30.39	6.27

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