Shenzhen V&T Technologies 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	194.62	228.87	235.34	351.59	325.01	262.58
Trading Asset Securities	-	-	21.71	21	20.29	38.59
Cash & Short-Term Investments	194.62	228.87	257.05	372.59	345.3	301.17
Cash Growth	-0.49%	-10.96%	-31.01%	7.90%	14.65%	63.55%
Accounts Receivable	400.11	342.68	273.74	304.73	321.28	329.55
Other Receivables	2.91	2.41	2.41	2.03	2.82	7.79
Receivables	403.02	345.09	276.15	306.76	324.1	337.34
Inventory	159.34	133.24	139.61	159.66	152.85	254.56
Other Current Assets	5.01	8.89	12.39	13.86	1.63	29.98
Total Current Assets	761.99	716.08	685.21	852.87	823.87	923.05
Property, Plant & Equipment	29.68	38.33	47.6	26.22	36.74	30.05
Long-Term Investments	109.2	106.64	107.85	57.76	45.99	35.5
Goodwill	-	-	-	-	-	1.28
Other Intangible Assets	1.34	1.59	1.75	1.32	1.47	1.6
Long-Term Deferred Tax Assets	22.99	23.7	24.84	21.49	23.74	23.83
Long-Term Deferred Charges	3.33	4.39	5.66	0.18	0.34	0.82
Other Long-Term Assets	23.06	24.43	27.13	28.11	30.51	31.97
Total Assets	951.57	915.16	900.04	987.96	962.67	1,048
Accounts Payable	173.96	154.34	135.87	187.51	226.16	245
Accrued Expenses	4.32	44.24	38.82	40.33	40.07	15.71
Short-Term Debt	-	-	-	40	-	-
Current Portion of Leases	6.42	6.75	6.67	5.98	7.32	-
Current Income Taxes Payable	4.23	0.95	0.22	0.85	0.56	1.3
Current Unearned Revenue	28.48	7.81	5.48	6.8	22.12	139.6
Other Current Liabilities	35.1	8.51	12.88	17.95	17.91	31.09
Total Current Liabilities	252.52	222.6	199.95	299.41	314.14	432.71
Long-Term Leases	11.77	19.01	26.5	2.54	6.52	-
Long-Term Unearned Revenue	6.91	3.92	2.14	0.14	0.15	1.16
Long-Term Deferred Tax Liabilities	4.13	6.73	7.65	0.15	0.04	0.06
Total Liabilities	275.32	252.26	236.23	302.24	320.85	433.93
Common Stock	207.16	207.68	208.62	208.32	208	208
Additional Paid-In Capital	79.27	81.52	86.86	81.18	75.18	82.33
Retained Earnings	377.71	363.57	349.91	396.1	366.28	319.81
Treasury Stock	-	-2.68	-7.83	-11.1	-17.64	-10.06
Comprehensive Income & Other	11.2	11.2	14.21	-	-	-
Total Common Equity	675.34	661.29	651.78	674.5	631.82	600.08
Minority Interest	0.91	1.6	12.04	11.21	10	14.08
Shareholders' Equity	676.25	662.9	663.81	685.72	641.81	614.16
Total Liabilities & Equity	951.57	915.16	900.04	987.96	962.67	1,048
Total Debt	18.19	25.76	33.17	48.51	13.84	-
Net Cash (Debt)	176.43	203.11	223.89	324.07	331.46	301.17
Net Cash Growth	4.98%	-9.28%	-30.91%	-2.23%	10.06%	63.55%
Net Cash Per Share	0.83	0.95	1.02	1.55	1.61	1.44
Filing Date Shares Outstanding	207.16	228.24	249.26	212.62	201.41	207.12
Total Common Shares Outstanding	207.16	228.24	249.26	212.62	201.41	207.12
Working Capital	509.47	493.48	485.26	553.45	509.73	490.35
Book Value Per Share	3.26	2.90	2.61	3.17	3.14	2.90
Tangible Book Value	674.01	659.7	650.02	673.18	630.35	597.2
Tangible Book Value Per Share	3.25	2.89	2.61	3.17	3.13	2.88
Buildings	-	18.81	18.81	18.81	18.38	18.81
Machinery	-	40.65	39.55	38.62	39.52	39.52

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