Bear Electric Appliance Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	1,582	2,009	1,668	1,528	2,116	669.6
Short-Term Investments	-	-	-	-	-	20.39
Trading Asset Securities	999.57	577.36	1,161	1,493	730.39	1,095
Cash & Short-Term Investments	2,581	2,587	2,829	3,021	2,847	1,785
Cash Growth	1.67%	-8.57%	-6.34%	6.12%	59.50%	-18.01%
Accounts Receivable	236.88	436.3	257.69	157.06	66.37	126.72
Other Receivables	13.64	37.36	43.11	10.32	5.57	12.29
Receivables	250.52	473.66	300.8	167.38	71.95	139.01
Inventory	760.14	733.3	924.27	619.74	650.85	616.25
Other Current Assets	153.34	293.52	181.3	67.8	46.31	62.11
Total Current Assets	3,745	4,087	4,235	3,876	3,616	2,602
Property, Plant & Equipment	1,199	1,235	1,321	1,050	848.29	652.26
Long-Term Investments	24.32	24.32	40.82	40.5	29.44	8.2
Goodwill	41.48	41.48	41.48	-	-	-
Other Intangible Assets	313.58	329.87	354.14	323.7	299.27	283.65
Long-Term Deferred Tax Assets	61.32	64.83	86.28	32.5	29.82	13.44
Long-Term Deferred Charges	23.39	34.3	51.56	54.27	48.68	53.76
Other Long-Term Assets	17.7	20.64	23.12	9.43	4.2	3.84
Total Assets	5,426	5,838	6,154	5,386	4,875	3,617

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	1,374	1,590	1,917	1,713	1,433	1,252
Accrued Expenses	115.37	194.72	286.27	174.68	204.23	130.52
Short-Term Debt	-	-	150	17.25	220	-
Current Portion of Long-Term Debt	0.62	-	12.59	16.05	0.46	-
Current Portion of Leases	-	0.6	0.41	0.39	0.32	0.28
Current Income Taxes Payable	15.1	30.92	53.43	34.72	35.07	10.04
Current Unearned Revenue	134.05	124.76	127.69	60.82	45.9	39.9
Other Current Liabilities	179.94	172.21	148.94	140.61	93.71	103.06
Total Current Liabilities	1,819	2,114	2,696	2,158	2,033	1,536
Long-Term Debt	526.72	510.03	519.64	456.49	460.25	-
Long-Term Leases	10.29	10.76	9	9.41	9.95	9.71
Long-Term Unearned Revenue	15.54	17.28	2.64	19.49	0.22	0.3
Long-Term Deferred Tax Liabilities	10.93	12.7	9.8	2.71	3.22	-
Other Long-Term Liabilities	4.11	7.4	5.3	3.87	2.46	2.21
Total Liabilities	2,386	2,672	3,243	2,650	2,509	1,548

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	155.83	157.29	157.06	156.85	156	156.44
Additional Paid-In Capital	934.19	1,005	998.01	984.3	933.56	950.55
Retained Earnings	1,882	1,933	1,695	1,593	1,272	978.79
Treasury Stock	-98.16	-102.64	-104.23	-75.05	-76.86	-17.28
Comprehensive Income & Other	63.91	63.91	76.84	76.84	81.7	-
Total Common Equity	2,938	3,056	2,823	2,736	2,367	2,069
Minority Interest	101.7	109.99	88.21	-	0.11	0.47
Shareholders' Equity	3,039	3,166	2,911	2,736	2,367	2,069
Total Liabilities & Equity	5,426	5,838	6,154	5,386	4,875	3,617

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	537.63	521.38	691.63	499.59	690.98	9.98
Net Cash (Debt)	2,044	2,065	2,137	2,521	2,156	1,775
Net Cash Growth	3.40%	-3.37%	-15.21%	16.95%	21.47%	-18.47%
Net Cash Per Share	13.16	13.15	13.74	15.98	13.81	11.38
Filing Date Shares Outstanding	153.13	155.15	154.9	155.31	154.53	156
Total Common Shares Outstanding	153.13	155.15	154.93	155.4	154.53	156
Working Capital	1,927	1,974	1,539	1,718	1,583	1,066
Book Value Per Share	19.18	19.70	18.22	17.61	15.32	13.26
Tangible Book Value	2,583	2,685	2,427	2,413	2,067	1,785
Tangible Book Value Per Share	16.87	17.31	15.67	15.53	13.38	11.44
Buildings	-	1,179	1,181	674.86	614.19	382.89
Machinery	-	832.04	762.8	538.89	453.24	390.9
Construction In Progress	-	7.39	7.07	273.03	112.75	107.21