Shenzhen Zqgame 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	13.98	31.64	24.71	68	59.08	82.84
Trading Asset Securities	-	-	-	-	-	0.01
Cash & Short-Term Investments	13.98	31.64	24.71	68	59.08	82.85
Cash Growth	-54.00%	28.07%	-63.67%	15.09%	-28.68%	-24.43%
Accounts Receivable	40.37	38.42	42.45	69.3	97.06	164.59
Other Receivables	10.09	5.25	45.59	59.12	74.94	75.27
Receivables	50.46	43.66	88.04	128.42	172	239.86
Inventory	3.74	3.94	4.54	22.33	-	1.3
Prepaid Expenses	-	-	0.01	0.07	-	0.02
Other Current Assets	58.69	56.96	28.36	18.29	9.56	27.77
Total Current Assets	126.87	136.21	145.65	237.12	240.64	351.79
Property, Plant & Equipment	249.54	268.25	414.59	366.09	378.51	348.11
Long-Term Investments	197.09	197.05	221.39	236.31	269.45	295.42
Goodwill	-	-	-	-	11.98	11.98
Other Intangible Assets	12.28	13.34	14.72	15.54	4.63	8.65
Long-Term Deferred Tax Assets	30.92	30.59	31.76	37.38	43.94	35.15
Long-Term Deferred Charges	1.01	1.17	2.38	2.48	4.41	9.02
Other Long-Term Assets	75.12	80.4	1.4	2.63	0.19	0.16
Total Assets	692.84	727.01	831.89	897.55	953.76	1,060
Accounts Payable	45.24	51.65	56.85	106.2	103.69	103.83
Accrued Expenses	3.82	4.39	16.92	17.73	20.18	23.44
Short-Term Debt	-	-	24.51	65.11	85.16	110.18
Current Portion of Long-Term Debt	51.07	52.26	0.63	-	-	-
Current Portion of Leases	-	-	29.51	25	20.09	16.05
Current Income Taxes Payable	31.7	32.51	26.23	27.53	28.48	27.48
Current Unearned Revenue	17.26	18.73	40.15	22.12	13.49	13.19
Other Current Liabilities	39.55	41.43	36.38	46.24	52.54	52.33
Total Current Liabilities	188.65	200.98	231.17	309.93	323.63	346.5
Long-Term Debt	8.35	8.5	9.1	-	-	-
Long-Term Leases	29.18	32.62	184.38	104.68	37.63	31.11
Long-Term Unearned Revenue	-	-	-	7	7.09	6.98
Long-Term Deferred Tax Liabilities	12.13	12.13	14.82	16.66	19.56	27
Other Long-Term Liabilities	128.26	132.01	5	-	23.91	23.91
Total Liabilities	366.57	386.23	444.47	438.27	411.82	435.5
Common Stock	261.86	261.86	261.86	261.86	261.86	261.92
Additional Paid-In Capital	406.23	406.23	376.32	382.84	388.43	382.21
Retained Earnings	-219.51	-205.16	-150.09	-97.35	-28.62	33.95
Treasury Stock	-	-	-	-	-	-0.37
Comprehensive Income & Other	-104.08	-104.08	-82.2	-68.85	-55.99	-46.53
Total Common Equity	344.49	358.84	405.89	478.5	565.68	631.18
Minority Interest	-18.22	-18.06	-18.48	-19.22	-23.73	-6.39
Shareholders' Equity	326.27	340.78	387.42	459.28	541.95	624.79
Total Liabilities & Equity	692.84	727.01	831.89	897.55	953.76	1,060
Total Debt	88.61	93.38	248.13	194.79	142.88	157.35
Net Cash (Debt)	-74.63	-61.74	-223.42	-126.79	-83.79	-74.5
Net Cash Per Share	-0.28	-0.24	-0.85	-0.48	-0.31	-0.28
Filing Date Shares Outstanding	261.87	230.43	261.86	261.86	261.86	261.92
Total Common Shares Outstanding	261.87	230.43	261.86	261.86	261.86	261.92
Working Capital	-61.77	-64.77	-85.52	-72.82	-82.98	5.29
Book Value Per Share	1.32	1.56	1.55	1.83	2.16	2.41
Tangible Book Value	332.21	345.51	391.17	462.96	549.06	610.55
Tangible Book Value Per Share	1.27	1.50	1.49	1.77	2.10	2.33
Buildings	-	-	81.92	81.92	81.92	109.45
Machinery	-	-	456.16	456.36	358.03	293.71
Construction In Progress	-	-	110.63	0.05	86.46	65.59

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