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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	183.88	173.33	228.87	235.34	351.59	325.01
Trading Asset Securities	10	10	-	21.71	21	20.29
Cash & Short-Term Investments	193.88	183.33	228.87	257.05	372.59	345.3
Cash Growth	-12.59%	-19.90%	-10.96%	-31.01%	7.90%	14.65%
Accounts Receivable	362.91	414.05	342.68	273.74	304.73	321.28
Other Receivables	1.83	2.27	2.41	2.41	2.03	2.82
Receivables	364.74	416.32	345.09	276.15	306.76	324.1
Inventory	148.25	158.73	133.24	139.61	159.66	152.85
Other Current Assets	5.47	6.81	8.89	12.39	13.86	1.63
Total Current Assets	712.33	765.19	716.08	685.21	852.87	823.87
Property, Plant & Equipment	28.71	30.3	38.33	47.6	26.22	36.74
Long-Term Investments	129.4	109.4	106.64	107.85	57.76	45.99
Other Intangible Assets	0.82	0.93	1.59	1.75	1.32	1.47
Long-Term Deferred Tax Assets	23.76	24.31	23.7	24.84	21.49	23.74
Long-Term Deferred Charges	2.7	3.12	4.39	5.66	0.18	0.34
Other Long-Term Assets	22.18	22.85	24.43	27.13	28.11	30.51
Total Assets	919.92	956.11	915.16	900.04	987.96	962.67
Accounts Payable	155.09	179.27	154.34	135.87	187.51	226.16
Accrued Expenses	4.1	13.83	44.24	38.82	40.33	40.07
Short-Term Debt	-	-	-	-	40	-
Current Portion of Long-Term Debt	6.63	6.26	-	-	-	-
Current Portion of Leases	-	-	6.75	6.67	5.98	7.32
Current Income Taxes Payable	1.49	1.12	0.95	0.22	0.85	0.56
Current Unearned Revenue	8.4	21.87	7.81	5.48	6.8	22.12
Other Current Liabilities	31.03	31.14	8.51	12.88	17.95	17.91
Total Current Liabilities	206.74	253.47	222.6	199.95	299.41	314.14
Long-Term Leases	8.38	10.41	19.01	26.5	2.54	6.52
Long-Term Unearned Revenue	5.51	5.51	3.92	2.14	0.14	0.15
Long-Term Deferred Tax Liabilities	5.34	5.53	6.73	7.65	0.15	0.04
Total Liabilities	225.97	274.92	252.26	236.23	302.24	320.85
Common Stock	207.16	207.16	207.68	208.62	208.32	208
Additional Paid-In Capital	79.27	79.27	81.52	86.86	81.18	75.18
Retained Earnings	393.88	382.02	363.57	349.91	396.1	366.28
Treasury Stock	-	-	-2.68	-7.83	-11.1	-17.64
Comprehensive Income & Other	12.31	12.31	11.2	14.21	-	-
Total Common Equity	692.61	680.76	661.29	651.78	674.5	631.82
Minority Interest	1.34	0.43	1.6	12.04	11.21	10
Shareholders' Equity	693.95	681.19	662.9	663.81	685.72	641.81
Total Liabilities & Equity	919.92	956.11	915.16	900.04	987.96	962.67
Total Debt	15.01	16.66	25.76	33.17	48.51	13.84
Net Cash (Debt)	178.87	166.66	203.11	223.89	324.07	331.46
Net Cash Growth	-9.57%	-17.94%	-9.28%	-30.91%	-2.23%	10.06%
Net Cash Per Share	0.87	0.81	0.95	1.02	1.55	1.61
Filing Date Shares Outstanding	207	201.48	228.24	249.26	212.62	201.41
Total Common Shares Outstanding	207	201.48	228.24	249.26	212.62	201.41
Working Capital	505.59	511.72	493.48	485.26	553.45	509.73
Book Value Per Share	3.35	3.38	2.90	2.61	3.17	3.14
Tangible Book Value	691.79	679.82	659.7	650.02	673.18	630.35
Tangible Book Value Per Share	3.34	3.37	2.89	2.61	3.17	3.13
Buildings	-	-	18.81	18.81	18.81	18.38
Machinery	-	-	40.65	39.55	38.62	39.52

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.