Ken Holding 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	171.46	128.87	223.53	229.69	192.23	95.43
Short-Term Investments	-	436.65	542.93	150.2	311.57	628.13
Cash & Short-Term Investments	501.43	565.51	766.46	379.9	503.8	723.56
Cash Growth	247.41%	-26.22%	101.75%	-24.59%	-30.37%	6.25%
Accounts Receivable	109.12	83	92.93	121.16	76.91	67.06
Other Receivables	9.47	16.41	8.45	13.17	12.97	11.53
Receivables	118.59	99.51	101.53	134.33	89.88	78.58
Inventory	156.34	141.86	161.77	153.28	182.37	138.05
Prepaid Expenses	-	0	-	-	-	-
Other Current Assets	16.41	13.02	6.73	10.17	8.6	7.13
Total Current Assets	792.77	819.9	1,036	677.68	784.66	947.32
Property, Plant & Equipment	103.06	111.2	107.57	122.27	134.28	146.81
Long-Term Investments	130.91	238.77	158.09	467.65	445.74	113.63
Other Intangible Assets	90.52	89.18	30.42	43.15	44.62	46.26
Long-Term Deferred Tax Assets	10.73	13.63	13.38	13.4	12.84	13.23
Other Long-Term Assets	130.21	3.2	1.66	0.73	1.34	0.91
Total Assets	1,258	1,276	1,348	1,325	1,423	1,268
Accounts Payable	164.72	168.09	216.23	202.58	277.4	210.12
Accrued Expenses	8	16.43	13.93	13.39	13.64	13.67
Current Portion of Leases	4.04	4.18	0.33	-	0.79	-
Current Income Taxes Payable	4.13	-	-	1.19	2.66	-
Current Unearned Revenue	2	1.35	2.46	3.56	2.3	2.47
Other Current Liabilities	28.46	21.68	21.32	10.74	11.36	11.27
Total Current Liabilities	211.35	211.74	254.27	231.45	308.14	237.53
Long-Term Leases	2.11	5.29	0.18	-	-	-
Long-Term Unearned Revenue	-	-	-	0.6	1.2	1.8
Long-Term Deferred Tax Liabilities	2.1	1.75	0.91	1.02	6.3	8.17
Total Liabilities	215.56	218.78	255.35	233.08	315.64	247.5
Common Stock	303.96	303.96	303.96	303.96	303.96	303.96
Additional Paid-In Capital	472.9	473.35	473.35	473.35	473.35	473.35
Retained Earnings	283.6	310.69	328.99	327.9	314.05	216.24
Treasury Stock	-18.82	-20.34	-	-	-	-
Comprehensive Income & Other	2.89	-8.66	-12.16	-11.52	18.36	28.99
Total Common Equity	1,045	1,059	1,094	1,094	1,110	1,023
Minority Interest	-1.88	-1.88	-1.88	-1.88	-1.88	-1.88
Shareholders' Equity	1,043	1,057	1,092	1,092	1,108	1,021
Total Liabilities & Equity	1,258	1,276	1,348	1,325	1,423	1,268
Total Debt	6.15	9.47	0.51	-	0.79	-
Net Cash (Debt)	495.28	556.04	765.95	379.9	503.01	723.56
Net Cash Growth	253.09%	-27.40%	101.62%	-24.48%	-30.48%	6.25%
Net Cash Per Share	1.65	1.73	1.89	0.97	1.48	2.51
Filing Date Shares Outstanding	300.03	298.96	303.96	303.96	303.96	303.96
Total Common Shares Outstanding	300.03	298.96	303.96	303.96	303.96	303.96
Working Capital	581.42	608.16	782.21	446.23	476.52	709.8
Book Value Per Share	3.48	3.54	3.60	3.60	3.65	3.36
Tangible Book Value	954.01	969.81	1,064	1,051	1,065	976.28
Tangible Book Value Per Share	3.18	3.24	3.50	3.46	3.50	3.21
Buildings	-	160.62	160.62	160.65	160.65	160.65
Machinery	-	134.87	133.48	144.62	147.08	145.33
Construction In Progress	-	9.49	9.98	9.3	9.63	9.2

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.