AVIT Ltd. 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	9.87	33.02	81.37	39.47	21.54	27.97
Cash & Short-Term Investments	9.87	33.02	81.37	39.47	21.54	27.97
Cash Growth	-74.55%	-59.42%	106.17%	83.23%	-22.98%	-19.89%
Accounts Receivable	120.81	71.42	117.38	161.61	150.84	189.13
Other Receivables	6.07	5.97	6	7.28	3.67	6.24
Receivables	126.88	77.39	123.38	168.89	154.51	195.37
Inventory	27.33	63.51	118.63	30.02	41.09	68.5
Prepaid Expenses	-	-	-	1.05	-	-
Other Current Assets	0.91	10.44	4.69	43.44	6.66	4.44
Total Current Assets	164.99	184.36	328.07	282.87	223.79	296.27
Property, Plant & Equipment	15.68	17.73	18.28	18.73	25.55	6.92
Long-Term Investments	11.84	13.7	-	-	-	-
Goodwill	4.67	4.67	7.79	12.14	23.52	54.27
Other Intangible Assets	7.67	8.24	3.59	9.35	11.9	17.01
Long-Term Accounts Receivable	10.69	5.11	7.03	17.16	15.98	16.68
Long-Term Deferred Tax Assets	-	-	0.02	0.22	0.2	0.04
Long-Term Deferred Charges	3.7	2.76	4.08	1.34	2.04	2.6
Total Assets	219.24	236.58	368.87	341.82	302.97	393.78
Accounts Payable	56.14	54.12	76.13	56.92	40.25	45.75
Accrued Expenses	2.79	3.95	9.83	12.63	7.48	6.4
Short-Term Debt	130.9	123.42	110.36	130.04	73.9	53.86
Current Portion of Leases	3.09	4.66	3.47	2.92	3.41	-
Current Income Taxes Payable	0.98	-	-	-	0.15	0.65
Current Unearned Revenue	6.23	12.62	67.76	46.25	1.56	9.84
Other Current Liabilities	-	4.49	3.74	11.71	12.53	28.89
Total Current Liabilities	200.12	203.26	271.29	260.47	139.27	145.38
Long-Term Leases	6.89	6.64	8.63	9.98	17.3	-
Long-Term Unearned Revenue	3.06	0.23	4.54	0.81	0.99	1.78
Long-Term Deferred Tax Liabilities	0.08	0.14	0.22	0.3	0.38	0.46
Other Long-Term Liabilities	0.83	0.65	0.49	0.41	0.13	0.37
Total Liabilities	210.98	210.91	285.17	271.98	158.08	147.99
Common Stock	430.86	430.86	430.86	413.1	413.1	413.1
Additional Paid-In Capital	169.06	169.06	169.06	103.6	101.03	96.49
Retained Earnings	-590.21	-572.49	-514.44	-350.32	-273.23	-167.83
Comprehensive Income & Other	0.02	-0.31	-0.27	-97.67	-97.19	-97.33
Total Common Equity	9.73	27.11	85.21	68.7	143.71	244.42
Minority Interest	-1.47	-1.45	-1.51	1.15	1.18	1.37
Shareholders' Equity	8.26	25.66	83.7	69.85	144.89	245.79
Total Liabilities & Equity	219.24	236.58	368.87	341.82	302.97	393.78
Total Debt	140.88	134.72	122.45	142.94	94.62	53.86
Net Cash (Debt)	-131.01	-101.71	-41.09	-103.48	-73.08	-25.9
Net Cash Per Share	-0.30	-0.24	-0.10	-0.25	-0.18	-0.06
Filing Date Shares Outstanding	430.86	430.86	430.86	413.1	413.1	413.1
Total Common Shares Outstanding	430.86	430.86	430.86	413.1	413.1	413.1
Working Capital	-35.13	-18.9	56.78	22.4	84.52	150.89
Book Value Per Share	0.02	0.06	0.20	0.17	0.35	0.59
Tangible Book Value	-2.61	14.2	73.83	47.2	108.29	173.15
Tangible Book Value Per Share	-0.01	0.03	0.17	0.11	0.26	0.42
Buildings	-	2.71	2.69	3.06	2.91	2.86
Machinery	-	20.74	19.96	18.25	17.37	20.99

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