Netac Technology Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	443.67	612.27	630.92	448.87	115.65
Trading Asset Securities	-	-	-	275.53	508.9
Cash & Short-Term Investments	443.67	612.27	630.92	724.4	624.56
Cash Growth	-27.54%	-2.96%	-12.90%	15.99%	11.08%
Accounts Receivable	132.06	74.11	120.14	122.13	118.19
Other Receivables	6.02	9.09	26.8	13.9	17.99
Receivables	138.07	83.2	146.94	136.03	136.17
Inventory	412.05	186.48	279.5	208.28	247.38
Prepaid Expenses	0.5	2.51	1.24	1.12	0.41
Other Current Assets	84.35	20	31.92	24.21	24.09
Total Current Assets	1,079	904.47	1,091	1,094	1,033
Property, Plant & Equipment	65.95	76.8	72.88	58.6	49.22
Long-Term Investments	35.41	40.46	29.86	29.86	-
Other Intangible Assets	3.98	4.57	5.26	6.14	7.09
Long-Term Deferred Tax Assets	7.19	10.47	8.29	6.48	5.16
Long-Term Deferred Charges	12.33	13.4	13.41	4.61	2.48
Other Long-Term Assets	140.73	146.2	152.93	155.92	161.01
Total Assets	1,344	1,196	1,373	1,356	1,258
Accounts Payable	65.08	45.36	132.01	104.68	76.16
Accrued Expenses	17.36	10.64	17.89	23.54	35.75
Short-Term Debt	144.09	29.02	46.04	-	-
Current Portion of Leases	3.7	4.21	5.94	5.01	3.7
Current Income Taxes Payable	0.02	0.02	0.03	0.85	0.01
Current Unearned Revenue	20.05	10.44	14	11.99	10.68
Other Current Liabilities	9.6	15.81	14.62	16.09	9.99
Total Current Liabilities	259.91	115.51	230.53	162.16	136.29
Long-Term Debt	32.97	48.64	-	-	-
Long-Term Leases	2.72	6.27	14.09	11.35	2.11
Long-Term Deferred Tax Liabilities	1.37	2.61	1.93	0.96	0.2
Total Liabilities	296.96	173.02	246.55	174.47	138.6
Common Stock	200.4	200.4	200.4	200.4	200.4
Additional Paid-In Capital	535.66	535.66	535.66	535.66	535.66
Retained Earnings	316.93	289.78	387.34	441.12	389.01
Comprehensive Income & Other	2.98	6.29	5.96	3.99	-6.08
Total Common Equity	1,056	1,032	1,129	1,181	1,119
Minority Interest	-8.69	-8.79	-2.77	-	-
Shareholders' Equity	1,047	1,023	1,127	1,181	1,119
Total Liabilities & Equity	1,344	1,196	1,373	1,356	1,258
Total Debt	183.48	88.14	66.07	16.37	5.82
Net Cash (Debt)	260.19	524.14	564.85	708.03	618.74
Net Cash Growth	-50.36%	-7.21%	-20.22%	14.43%	10.04%
Net Cash Per Share	1.30	2.62	2.82	3.53	3.09
Filing Date Shares Outstanding	200.4	200.4	200.4	200.4	200.4
Total Common Shares Outstanding	200.4	200.4	200.4	200.4	200.4
Working Capital	818.74	788.95	860	931.87	896.33
Book Value Per Share	5.27	5.15	5.64	5.89	5.58
Tangible Book Value	1,052	1,028	1,124	1,175	1,112
Tangible Book Value Per Share	5.25	5.13	5.61	5.86	5.55
Buildings	53.28	53.28	53.28	53.28	53.28
Machinery	60.24	64.72	45.57	29.58	26.11

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