Beijing E-Techstar 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	203.67	278.34	454.81	390.49	320.14	358.77
Trading Asset Securities	-	-	7.75	2.33	6.12	16.14
Cash & Short-Term Investments	203.67	278.34	462.56	392.81	326.26	374.92
Cash Growth	60.24%	-39.83%	17.76%	20.40%	-12.98%	20.04%
Accounts Receivable	1,072	1,427	1,404	1,162	1,036	1,109
Other Receivables	25.06	29.81	57.36	55.21	46.92	24.86
Receivables	1,097	1,457	1,462	1,217	1,083	1,134
Inventory	643.57	637.92	832.69	674.2	481.83	302.05
Prepaid Expenses	-	3.34	3.2	-	-	-
Other Current Assets	171.71	21.08	89.64	54.31	62.04	58.23
Total Current Assets	2,116	2,398	2,850	2,339	1,953	1,869
Property, Plant & Equipment	216.17	221.94	224.71	252.95	247.12	340.66
Long-Term Investments	96.36	139.97	119.4	98.13	70.1	62.74
Goodwill	483.32	483.32	989.14	989.14	989.14	1,192
Other Intangible Assets	182.16	125.66	168.58	171.45	120.4	78.92
Long-Term Accounts Receivable	-	0.38	-	31.66	61.97	84.49
Long-Term Deferred Tax Assets	57.74	58.36	82.13	63.21	51.29	35.82
Long-Term Deferred Charges	10.55	94.76	81.73	52.57	82.09	83.62
Other Long-Term Assets	85.28	87.39	91.96	84.86	87.44	10.49
Total Assets	3,248	3,610	4,607	4,083	3,662	3,758
Accounts Payable	804.44	951.9	930.64	711.93	483.06	335.59
Accrued Expenses	6.25	41.77	28.4	43.12	54.78	85.78
Short-Term Debt	632.47	690.34	658.32	540.83	374.64	381.12
Current Portion of Long-Term Debt	-	12	12	12	17.97	50.22
Current Income Taxes Payable	18.39	1.47	15.18	6.6	8.72	17.93
Current Unearned Revenue	273.2	295.9	259.45	178.15	130.23	56.29
Other Current Liabilities	68.73	77.04	114.19	61.63	50.65	64.53
Total Current Liabilities	1,803	2,070	2,018	1,554	1,120	991.46
Long-Term Debt	45.97	51.1	60	72	84	101.97
Long-Term Leases	3	3.13	13.2	-	13.3	2.03
Long-Term Unearned Revenue	10.25	12.75	8.87	8.25	3.95	4.51
Long-Term Deferred Tax Liabilities	6.3	6.46	6.96	7.5	8.23	9.58
Other Long-Term Liabilities	-	-	28.69	27.43	53.42	70.79
Total Liabilities	1,869	2,144	2,136	1,669	1,283	1,180
Common Stock	313.69	313.69	313.69	313.69	313.69	313.69
Additional Paid-In Capital	1,683	1,683	1,682	1,681	1,687	1,685
Retained Earnings	-676.77	-590.71	412.6	371.12	340.36	547.66
Comprehensive Income & Other	0.02	-0.01	-	-	-	-
Total Common Equity	1,320	1,406	2,408	2,366	2,341	2,546
Minority Interest	58.98	60.09	63.01	47.48	38.07	31.52
Shareholders' Equity	1,379	1,466	2,471	2,413	2,379	2,578
Total Liabilities & Equity	3,248	3,610	4,607	4,083	3,662	3,758
Total Debt	681.44	756.57	743.52	624.83	489.91	535.34
Net Cash (Debt)	-477.77	-478.23	-280.97	-232.01	-163.65	-160.42
Net Cash Per Share	-1.52	-1.52	-0.90	-0.74	-0.52	-0.51
Filing Date Shares Outstanding	313.69	313.69	313.69	313.69	313.69	313.69
Total Common Shares Outstanding	313.69	313.69	313.69	313.69	313.69	313.69
Working Capital	312.49	327.36	831.5	784.46	832.68	877.75
Book Value Per Share	4.21	4.48	7.68	7.54	7.46	8.12
Tangible Book Value	654.1	796.62	1,251	1,205	1,232	1,275
Tangible Book Value Per Share	2.09	2.54	3.99	3.84	3.93	4.07
Buildings	-	246.26	244.24	254.97	255.39	347.28
Machinery	-	96.85	94.01	89.4	82.52	72.68
Construction In Progress	-	1.23	-	11.02	-	6.86

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