Avary Holding(Shenzhen) 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	11,734	13,497	10,912	8,207	3,171	5,671
Cash & Short-Term Investments	11,734	13,497	10,912	8,207	3,171	5,671
Cash Growth	14.68%	23.69%	32.97%	158.78%	-44.08%	-16.49%
Accounts Receivable	6,303	5,839	6,209	6,274	7,970	7,168
Other Receivables	54.18	264.54	15.73	14.54	187.02	201.45
Receivables	6,357	6,103	6,225	6,289	8,157	7,370
Inventory	4,697	3,356	3,054	3,440	3,695	2,714
Other Current Assets	714.02	678.93	532.33	557.26	913.28	1,051
Total Current Assets	23,503	23,635	20,723	18,493	15,937	16,806
Property, Plant & Equipment	19,758	17,208	17,666	17,319	16,725	13,002
Long-Term Investments	2,324	1,654	1,677	488.66	319.21	227.96
Goodwill	20.41	20.41	20.41	20.41	20.41	20.41
Other Intangible Assets	1,380	1,198	1,271	1,279	1,721	1,780
Long-Term Deferred Tax Assets	192.16	139.52	162.21	189.09	123.31	227.52
Long-Term Deferred Charges	1.55	1.95	6.12	6.65	7.83	12.77
Other Long-Term Assets	746.87	686	751.99	1,008	687.74	1,025
Total Assets	47,925	44,543	42,278	38,803	35,541	33,102
Accounts Payable	6,004	5,079	4,848	3,984	4,686	5,751
Accrued Expenses	887.75	1,201	1,323	1,258	1,149	1,113
Short-Term Debt	4,905	3,257	3,961	2,964	3,490	2,359
Current Portion of Long-Term Debt	-	-	177.08	-	-	-
Current Portion of Leases	15.61	17.39	12.3	23.05	32.72	-
Current Income Taxes Payable	303.62	242.2	216.05	374.71	199.37	185.04
Current Unearned Revenue	60.76	59.83	50.79	40.02	23.47	26.01
Other Current Liabilities	1,690	1,348	1,251	1,357	1,363	1,718
Total Current Liabilities	13,866	11,204	11,840	10,001	10,943	11,151
Long-Term Debt	177.64	179.71	-	175.72	159.29	-
Long-Term Leases	65.6	72.93	81.86	76.94	89.71	-
Long-Term Unearned Revenue	356.12	359.28	245.57	241.78	138.64	91.46
Long-Term Deferred Tax Liabilities	533.53	405.2	435.77	370.59	397.36	300.74
Other Long-Term Liabilities	60.4	-	-	-	-	-
Total Liabilities	15,060	12,221	12,603	10,866	11,728	11,543
Common Stock	2,318	2,319	2,320	2,321	2,321	2,311
Additional Paid-In Capital	12,751	12,705	12,702	12,697	12,619	12,345
Retained Earnings	17,215	17,119	14,653	12,991	9,140	6,978
Treasury Stock	-226.97	-257.45	-288.31	-128.13	-165.14	-
Comprehensive Income & Other	608.88	224.36	262.73	56.29	-101.81	-76.63
Total Common Equity	32,666	32,110	29,651	27,937	23,813	21,558
Minority Interest	199.74	211.67	24.72	-	-	1.26
Shareholders' Equity	32,866	32,322	29,675	27,937	23,813	21,559
Total Liabilities & Equity	47,925	44,543	42,278	38,803	35,541	33,102
Total Debt	5,164	3,527	4,233	3,240	3,772	2,359
Net Cash (Debt)	6,570	9,970	6,679	4,967	-600.82	3,312
Net Cash Growth	1.44%	49.26%	34.49%	-	-	-27.00%
Net Cash Per Share	2.81	4.30	2.89	2.14	-0.26	1.43
Filing Date Shares Outstanding	2,292	2,396	2,311	2,314	2,312	2,311
Total Common Shares Outstanding	2,292	2,396	2,311	2,314	2,312	2,311
Working Capital	9,636	12,431	8,884	8,492	4,993	5,655
Book Value Per Share	14.25	13.40	12.83	12.07	10.30	9.33
Tangible Book Value	31,265	30,892	28,359	26,638	22,071	19,757
Tangible Book Value Per Share	13.64	12.89	12.27	11.51	9.55	8.55
Land	-	200.17	195.57	9.63	9.63	9.63
Buildings	-	9,661	8,256	6,867	5,351	5,135
Machinery	-	24,268	22,809	22,235	20,959	16,708
Construction In Progress	-	1,382	2,310	1,837	1,621	827.93

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