Netac Technology 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	540.41	612.27	630.92	448.87	115.65	80.91
Trading Asset Securities	-	-	-	275.53	508.9	481.36
Cash & Short-Term Investments	540.41	612.27	630.92	724.4	624.56	562.27
Cash Growth	-12.71%	-2.96%	-12.90%	15.99%	11.08%	4.29%
Accounts Receivable	120.57	74.11	120.14	122.13	118.19	123.08
Other Receivables	8.04	9.09	26.8	13.9	17.99	16.19
Receivables	128.61	83.2	146.94	136.03	136.17	139.26
Inventory	290.83	186.48	279.5	208.28	247.38	224.76
Prepaid Expenses	-	2.51	1.24	1.12	0.41	0.74
Other Current Assets	45.65	20	31.92	24.21	24.09	25.73
Total Current Assets	1,006	904.47	1,091	1,094	1,033	952.76
Property, Plant & Equipment	69.74	76.8	72.88	58.6	49.22	44.37
Long-Term Investments	35.93	40.46	29.86	29.86	-	-
Other Intangible Assets	4.12	4.57	5.26	6.14	7.09	8.25
Long-Term Deferred Tax Assets	7.38	10.47	8.29	6.48	5.16	4.79
Long-Term Deferred Charges	12.57	13.4	13.41	4.61	2.48	2.6
Other Long-Term Assets	142	146.2	152.93	155.92	161.01	166.36
Total Assets	1,277	1,196	1,373	1,356	1,258	1,179
Accounts Payable	79.14	45.36	132.01	104.68	76.16	68.17
Accrued Expenses	5.99	10.64	17.89	23.54	35.75	30.26
Short-Term Debt	115.04	29.02	46.04	-	-	-
Current Portion of Leases	3.79	4.21	5.94	5.01	3.7	-
Current Income Taxes Payable	2.64	0.02	0.03	0.85	0.01	2.18
Current Unearned Revenue	15.61	10.44	14	11.99	10.68	6.14
Other Current Liabilities	8.51	15.81	14.62	16.09	9.99	8.66
Total Current Liabilities	230.71	115.51	230.53	162.16	136.29	115.41
Long-Term Debt	48.61	48.64	-	-	-	-
Long-Term Leases	3.78	6.27	14.09	11.35	2.11	-
Long-Term Deferred Tax Liabilities	1.76	2.61	1.93	0.96	0.2	0.2
Total Liabilities	284.87	173.02	246.55	174.47	138.6	115.61
Common Stock	200.4	200.4	200.4	200.4	200.4	200.4
Additional Paid-In Capital	535.66	535.66	535.66	535.66	535.66	535.66
Retained Earnings	261.32	289.78	387.34	441.12	389.01	330.18
Comprehensive Income & Other	4.42	6.29	5.96	3.99	-6.08	-2.71
Total Common Equity	1,002	1,032	1,129	1,181	1,119	1,064
Minority Interest	-9.42	-8.79	-2.77	-	-	-
Shareholders' Equity	992.38	1,023	1,127	1,181	1,119	1,064
Total Liabilities & Equity	1,277	1,196	1,373	1,356	1,258	1,179
Total Debt	171.23	88.14	66.07	16.37	5.82	-
Net Cash (Debt)	369.18	524.14	564.85	708.03	618.74	562.27
Net Cash Growth	-30.28%	-7.21%	-20.22%	14.43%	10.04%	4.29%
Net Cash Per Share	1.84	2.62	2.82	3.53	3.09	2.81
Filing Date Shares Outstanding	200.4	200.4	200.4	200.4	200.4	200.4
Total Common Shares Outstanding	200.4	200.4	200.4	200.4	200.4	200.4
Working Capital	774.79	788.95	860	931.87	896.33	837.35
Book Value Per Share	5.00	5.15	5.64	5.89	5.58	5.31
Tangible Book Value	997.67	1,028	1,124	1,175	1,112	1,055
Tangible Book Value Per Share	4.98	5.13	5.61	5.86	5.55	5.27
Buildings	-	53.28	53.28	53.28	53.28	41.77
Machinery	-	64.72	45.57	29.58	26.11	21.84

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