Netac 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	578.23	443.67	612.27	630.92	448.87	115.65
Trading Asset Securities	-	-	-	-	275.53	508.9
Cash & Short-Term Investments	578.23	443.67	612.27	630.92	724.4	624.56
Cash Growth	0.95%	-27.54%	-2.96%	-12.90%	15.99%	11.08%
Accounts Receivable	84.78	132.06	74.11	120.14	122.13	118.19
Other Receivables	7.63	6.02	9.09	26.8	13.9	17.99
Receivables	92.41	138.07	83.2	146.94	136.03	136.17
Inventory	644.43	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	132.02	84.35	20	31.92	24.21	24.09
Total Current Assets	1,447	1,079	904.47	1,091	1,094	1,033
Property, Plant & Equipment	65.42	65.95	76.8	72.88	58.6	49.22
Long-Term Investments	35.04	35.41	40.46	29.86	29.86	-
Other Intangible Assets	3.84	3.98	4.57	5.26	6.14	7.09
Long-Term Deferred Tax Assets	8.33	7.19	10.47	8.29	6.48	5.16
Long-Term Deferred Charges	12.15	12.33	13.4	13.41	4.61	2.48
Other Long-Term Assets	139.47	140.73	146.2	152.93	155.92	161.01
Total Assets	1,711	1,344	1,196	1,373	1,356	1,258
Accounts Payable	85.58	65.08	45.36	132.01	104.68	76.16
Accrued Expenses	18.11	17.36	10.64	17.89	23.54	35.75
Short-Term Debt	239.37	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	88.96	20.05	10.44	14	11.99	10.68
Other Current Liabilities	17.03	9.6	15.81	14.62	16.09	9.99
Total Current Liabilities	449.05	259.91	115.51	230.53	162.16	136.29
Long-Term Debt	132.35	32.97	48.64	-	-	-
Long-Term Leases	2.31	2.72	6.27	14.09	11.35	2.11
Long-Term Deferred Tax Liabilities	1.23	1.37	2.61	1.93	0.96	0.2
Total Liabilities	584.94	296.96	173.02	246.55	174.47	138.6
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	398.82	316.93	289.78	387.34	441.12	389.01
Comprehensive Income & Other	0.35	2.98	6.29	5.96	3.99	-6.08
Total Common Equity	1,135	1,056	1,032	1,129	1,181	1,119
Minority Interest	-8.84	-8.69	-8.79	-2.77	-	-
Shareholders' Equity	1,126	1,047	1,023	1,127	1,181	1,119
Total Liabilities & Equity	1,711	1,344	1,196	1,373	1,356	1,258
Total Debt	374.03	183.48	88.14	66.07	16.37	5.82
Net Cash (Debt)	204.2	260.19	524.14	564.85	708.03	618.74
Net Cash Growth	-60.32%	-50.36%	-7.21%	-20.22%	14.43%	10.04%
Net Cash Per Share	1.02	1.30	2.62	2.82	3.53	3.09
Filing Date Shares Outstanding	200.42	200.4	200.4	200.4	200.4	200.4
Total Common Shares Outstanding	200.42	200.4	200.4	200.4	200.4	200.4
Working Capital	998.03	818.74	788.95	860	931.87	896.33
Book Value Per Share	5.66	5.27	5.15	5.64	5.89	5.58
Tangible Book Value	1,131	1,052	1,028	1,124	1,175	1,112
Tangible Book Value Per Share	5.65	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.