Cubic Digital Technology 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	10.96	58.65	21.77	40	125.09	14.59
Cash & Short-Term Investments	10.96	58.65	21.77	40	125.09	14.59
Cash Growth	-76.09%	169.47%	-45.58%	-68.03%	757.35%	-25.31%
Accounts Receivable	153.2	118.21	174.48	308.97	354.39	180.82
Other Receivables	22.05	15.99	18.24	9.58	33.59	54.92
Receivables	175.25	134.2	192.71	318.55	387.98	235.74
Inventory	46.79	43.98	70.62	74.56	63.12	27.48
Other Current Assets	46.96	26.02	84.14	104.92	117.46	22.35
Total Current Assets	279.97	262.85	369.23	538.03	693.66	300.16
Property, Plant & Equipment	4.54	6.87	10.36	12.84	14.55	2.55
Long-Term Investments	6	5	5	5	5	5.42
Goodwill	25.07	24.67	55.23	83.44	114.93	118.87
Other Intangible Assets	16.52	18.63	27.89	28.9	16.92	19.08
Long-Term Deferred Tax Assets	56.79	53.41	43.29	37.84	21.46	21.81
Long-Term Deferred Charges	4.84	7.55	13.05	16.76	4.64	1.7
Other Long-Term Assets	-	-	0.6	1.16	17.65	8.6
Total Assets	393.73	378.99	524.66	723.98	888.81	478.19
Accounts Payable	86.19	27.49	41.19	74.44	110.89	79.51
Accrued Expenses	2.72	14.1	15.08	17.04	17.59	47.76
Short-Term Debt	20.02	25.03	33.22	40.04	53.74	121.5
Current Portion of Long-Term Debt	-	-	-	-	22.09	1.27
Current Portion of Leases	3.23	3.23	3.11	2.66	2.29	-
Current Income Taxes Payable	5.3	-	0.07	0	0.68	0.23
Current Unearned Revenue	15.3	13.39	13.29	40.15	13.97	21.54
Other Current Liabilities	33.61	33.77	32.45	35.43	21.73	87.81
Total Current Liabilities	166.37	117.02	138.41	209.75	242.97	359.63
Long-Term Debt	-	-	-	-	0.12	64.19
Long-Term Leases	0.5	2.91	5.63	7.82	10.43	-
Long-Term Unearned Revenue	-	-	0.07	0.07	-	0.08
Long-Term Deferred Tax Liabilities	0.97	1.34	2.03	2.58	0.27	0.34
Total Liabilities	167.85	121.27	146.14	220.23	253.79	424.23
Common Stock	641.71	641.71	641.71	641.71	641.71	496.11
Additional Paid-In Capital	507.62	475.96	473.34	473.34	473.34	75.73
Retained Earnings	-929.7	-867.49	-742.48	-615.97	-475.85	-501.63
Treasury Stock	-	-	-	-	-	-16.21
Comprehensive Income & Other	6.29	7.54	5.95	4.16	-3.98	-1.72
Total Common Equity	225.91	257.72	378.52	503.25	635.22	52.29
Minority Interest	-0.03	-	0	0.51	-0.21	1.67
Shareholders' Equity	225.89	257.72	378.52	503.75	635.01	53.96
Total Liabilities & Equity	393.73	378.99	524.66	723.98	888.81	478.19
Total Debt	23.75	31.17	41.97	50.51	88.67	186.96
Net Cash (Debt)	-12.79	27.48	-20.2	-10.52	36.43	-172.37
Net Cash Per Share	-0.02	0.04	-0.03	-0.02	0.07	-0.35
Filing Date Shares Outstanding	641.71	641.71	641.71	641.71	641.71	489.53
Total Common Shares Outstanding	641.71	641.71	641.71	641.71	641.71	489.53
Working Capital	113.6	145.83	230.82	328.28	450.69	-59.47
Book Value Per Share	0.35	0.40	0.59	0.78	0.99	0.11
Tangible Book Value	184.33	214.41	295.4	390.9	503.37	-85.66
Tangible Book Value Per Share	0.29	0.33	0.46	0.61	0.78	-0.17
Machinery	-	4.85	5.68	6.26	5.08	9.21

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