QITIAN Technology Group 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	145.1	376.67	401.26	414.15	377.33	121.46
Cash & Short-Term Investments	145.1	376.67	401.26	414.15	377.33	121.46
Cash Growth	-41.23%	-6.13%	-3.11%	9.76%	210.65%	-70.74%
Accounts Receivable	504.9	334.38	481.75	585.56	446.27	426.86
Other Receivables	39.5	39.39	40.43	54.65	56.23	56.93
Receivables	544.4	373.77	522.18	640.21	502.5	483.78
Inventory	1.22	1.62	2.79	3.98	9.18	13.94
Prepaid Expenses	-	0.01	0.02	-	-	-
Other Current Assets	207.24	225.8	245.79	226.28	291.41	259.33
Total Current Assets	897.96	977.87	1,172	1,285	1,180	878.51
Property, Plant & Equipment	6.23	6.92	15.12	20.13	15.71	21.43
Long-Term Investments	60.34	60.34	74.96	76.83	78.64	80
Goodwill	-	-	-	175.83	601.75	601.75
Other Intangible Assets	34.99	41.01	37.89	40.47	65.49	90.46
Long-Term Accounts Receivable	-	-	-	5.26	7.29	26.93
Long-Term Deferred Tax Assets	12.9	8.33	9.98	4.96	3.11	7.79
Long-Term Deferred Charges	3.17	0.4	1.81	3.67	1.28	2.23
Other Long-Term Assets	16.99	17.87	19.72	21.51	22.99	22.53
Total Assets	1,033	1,113	1,332	1,633	1,977	1,732

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	30.07	18.29	33.23	45.77	53.17	28.83
Accrued Expenses	10.22	19.86	25.42	31.84	48.75	42.32
Short-Term Debt	482.89	517.99	581.98	605.72	504.46	318.79
Current Portion of Long-Term Debt	-	-	-	-	-	2.41
Current Portion of Leases	-	2.93	7.51	7.66	4.44	5.06
Current Income Taxes Payable	-	0.24	1.5	0.25	4.74	5.52
Current Unearned Revenue	63.9	69.85	88.68	117.83	113.56	119.61
Other Current Liabilities	20.46	6.72	13.85	20.67	20.64	15.31
Total Current Liabilities	607.54	635.87	752.18	829.74	749.77	537.86
Long-Term Debt	-	-	-	-	-	5.78
Long-Term Leases	1.22	0.43	2.47	6.35	3.32	5.41
Long-Term Deferred Tax Liabilities	0.09	0.09	0.1	2.2	6.5	10.82
Other Long-Term Liabilities	5.3	5.34	8.65	11.61	11.59	11.87
Total Liabilities	614.14	641.73	763.39	849.89	771.17	571.75

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	658.99	658.99	658.99	658.99	658.99	660.94
Additional Paid-In Capital	1,886	1,886	1,886	1,886	1,847	1,867
Retained Earnings	-2,106	-2,062	-1,979	-1,765	-1,269	-1,321
Treasury Stock	-	-	-	-	-	-13.69
Comprehensive Income & Other	-29.66	-29.66	-14.41	-12.93	-11.25	-10
Total Common Equity	409.72	453.38	551.84	767.54	1,226	1,184
Minority Interest	8.72	17.65	16.31	15.85	-20.3	-24.16
Shareholders' Equity	418.44	471.02	568.15	783.38	1,206	1,160
Total Liabilities & Equity	1,033	1,113	1,332	1,633	1,977	1,732

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	484.1	521.34	591.96	619.73	512.22	337.46
Net Cash (Debt)	-339	-144.67	-190.7	-205.58	-134.89	-215.99
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.77	-0.23	-0.29	-0.31	-0.21	-0.32
Filing Date Shares Outstanding	442.81	658.99	658.99	658.99	658.99	504.1
Total Common Shares Outstanding	442.81	658.99	658.99	658.99	658.99	504.1
Working Capital	290.42	342	419.88	454.88	430.65	340.65
Book Value Per Share	0.93	0.69	0.84	1.16	1.86	2.35
Tangible Book Value	374.72	412.36	513.95	551.24	558.57	491.82
Tangible Book Value Per Share	0.85	0.63	0.78	0.84	0.85	0.98
Buildings	-	2.59	2.59	2.59	2.59	2.59
Machinery	-	12.15	12.63	13.01	16.52	27.59