Beijing SDL Technology 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	511.62	505.03	568.27	757.01	1,158	624.83
Trading Asset Securities	1,103	1,072	881.51	715.62	490.12	1,017
Cash & Short-Term Investments	1,614	1,577	1,450	1,473	1,648	1,642
Cash Growth	14.03%	8.75%	-1.55%	-10.66%	0.39%	5.58%
Accounts Receivable	569.04	639	696.11	719.74	717.98	658.16
Other Receivables	21.88	20.55	21.7	22.36	22.01	22.64
Receivables	590.93	659.55	717.8	742.1	739.99	680.8
Inventory	417.82	397.43	414.04	458.39	553.27	581.75
Other Current Assets	30.85	18.04	16.5	15.44	44.67	58.14
Total Current Assets	2,654	2,652	2,598	2,689	2,986	2,963
Property, Plant & Equipment	156.61	156.53	167.37	174.67	170.9	173.02
Long-Term Investments	127.2	131.74	170.24	169.35	169.97	171.01
Goodwill	10.24	10.24	10.24	17.85	17.85	17.85
Other Intangible Assets	105.66	107.16	54.17	56.96	60.4	59.68
Long-Term Deferred Tax Assets	31.55	31.8	29.18	28.8	24.52	18.72
Long-Term Deferred Charges	1.26	1.57	2.68	3.17	4.89	5.97
Other Long-Term Assets	-	4.01	11.33	16.72	22.18	27.54
Total Assets	3,087	3,095	3,043	3,156	3,457	3,436
Accounts Payable	149.76	163.51	152.53	148.03	120.89	151.75
Accrued Expenses	11.91	62.3	62.57	60.4	55.11	61.38
Short-Term Debt	0.52	3.68	3.08	4.4	0.46	0.71
Current Portion of Long-Term Debt	-	-	0.21	0.21	297.15	0.68
Current Portion of Leases	2.4	2.99	1.58	3.88	0.75	-
Current Income Taxes Payable	10	5.48	10.02	7.26	13.59	10.25
Current Unearned Revenue	201.5	203.64	210.73	250.45	292.85	347.17
Other Current Liabilities	4.19	3.27	5.36	5.6	8.5	6.01
Total Current Liabilities	380.27	444.86	446.08	480.23	789.31	577.97
Long-Term Debt	-	-	0.3	0.52	0.68	283.9
Long-Term Leases	1.4	1.47	1.35	1.4	0.09	-
Long-Term Unearned Revenue	9.25	8.86	8.74	2.98	3.18	20.34
Long-Term Deferred Tax Liabilities	0.55	0.64	0.46	0.85	0.14	-
Total Liabilities	391.46	455.83	456.94	485.97	793.4	882.21
Common Stock	635.76	635.76	635.76	635.76	630.11	630.06
Additional Paid-In Capital	611.99	593	576.34	576.5	471.74	459.17
Retained Earnings	1,438	1,424	1,429	1,448	1,491	1,396
Treasury Stock	-	-26.3	-60.53	-	-	-
Comprehensive Income & Other	3.34	6.55	1.09	3.89	64.38	61.02
Total Common Equity	2,689	2,633	2,582	2,664	2,657	2,546
Minority Interest	6.09	6.19	4.88	6.29	6.66	7.92
Shareholders' Equity	2,695	2,639	2,586	2,670	2,663	2,554
Total Liabilities & Equity	3,087	3,095	3,043	3,156	3,457	3,436
Total Debt	4.31	8.13	6.54	10.41	299.13	285.29
Net Cash (Debt)	1,610	1,568	1,443	1,462	1,349	1,357
Net Cash Growth	13.98%	8.68%	-1.30%	8.38%	-0.55%	25.60%
Net Cash Per Share	2.36	2.49	2.31	2.31	2.14	2.20
Filing Date Shares Outstanding	635.76	630.88	624.52	635.76	630.11	630.07
Total Common Shares Outstanding	635.76	630.88	624.52	635.76	630.11	630.06
Working Capital	2,274	2,207	2,152	2,208	2,197	2,385
Book Value Per Share	4.23	4.17	4.13	4.19	4.22	4.04
Tangible Book Value	2,573	2,515	2,517	2,589	2,579	2,469
Tangible Book Value Per Share	4.05	3.99	4.03	4.07	4.09	3.92
Buildings	-	200.07	197.54	184.23	159.87	155.38
Machinery	-	162.94	162.69	165.97	164.27	150.3
Construction In Progress	-	0.57	-	0.24	-	1.36

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