Vanjee 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	310.77	371.05	207.3	799.81	1,115	671.93
Trading Asset Securities	-	-	330	-	-	-
Cash & Short-Term Investments	310.77	371.05	537.3	799.81	1,115	671.93
Cash Growth	-24.21%	-30.94%	-32.82%	-28.24%	65.88%	19.50%
Accounts Receivable	902.01	990.9	1,083	1,060	1,002	1,319
Other Receivables	46.44	55.19	48.14	45.58	50.43	31.87
Receivables	948.45	1,046	1,132	1,105	1,052	1,351
Inventory	368.28	374.24	398.42	419.11	335.85	412.28
Other Current Assets	75.94	47.72	63.32	72.81	60.81	24.85
Total Current Assets	1,703	1,839	2,131	2,397	2,564	2,460
Property, Plant & Equipment	350.33	369.03	412.17	334.65	270.64	192.18
Long-Term Investments	464.63	476.74	487.73	462.75	380.18	75
Goodwill	15.82	5.34	5.34	5.34	5.34	-
Other Intangible Assets	99.2	100.63	84.73	34.83	34.31	25.41
Long-Term Deferred Tax Assets	100.39	107.68	106.36	81.41	57.05	31.91
Long-Term Deferred Charges	13.93	8.77	15.61	41.01	8.34	6.95
Other Long-Term Assets	25.96	24.18	20.17	65.73	2.4	17.2
Total Assets	2,774	2,931	3,263	3,423	3,322	2,809
Accounts Payable	474.11	511.29	509.52	427.86	284.81	257.2
Accrued Expenses	54.5	109.4	107.46	89.24	116.35	181.2
Short-Term Debt	215.5	112.5	45	-	-	-
Current Portion of Leases	20.22	26.43	18.76	16.94	18.56	-
Current Income Taxes Payable	11.17	1.38	1.79	0	0.09	13.28
Current Unearned Revenue	69.64	83.46	72.67	64.88	58.04	176.86
Other Current Liabilities	37.75	70.1	58.54	53.27	60.67	40.08
Total Current Liabilities	882.89	914.56	813.74	652.2	538.52	668.62
Long-Term Leases	6.23	19.74	53.97	3.26	5.21	-
Long-Term Unearned Revenue	17.05	17.89	22.33	21.29	4.76	4.99
Long-Term Deferred Tax Liabilities	49.57	51.49	55.39	47.04	43.81	-
Other Long-Term Liabilities	3.02	3.11	-	-	-	-
Total Liabilities	958.76	1,007	945.44	723.79	592.29	673.62
Common Stock	213.13	213.13	213.13	213.13	213.13	197.92
Additional Paid-In Capital	737.37	737.37	744.62	742.48	737.35	352.82
Retained Earnings	597.12	713.26	1,099	1,485	1,522	1,601
Treasury Stock	-	-	-	-	-	-18.92
Comprehensive Income & Other	248.29	248.33	248.3	248.29	248.26	-
Total Common Equity	1,796	1,912	2,305	2,689	2,721	2,132
Minority Interest	19.03	12.59	11.78	10.15	8.4	2.85
Shareholders' Equity	1,815	1,925	2,317	2,699	2,730	2,135
Total Liabilities & Equity	2,774	2,931	3,263	3,423	3,322	2,809
Total Debt	241.95	158.67	117.73	20.2	23.77	-
Net Cash (Debt)	68.81	212.38	419.57	779.61	1,091	671.93
Net Cash Growth	-60.95%	-49.38%	-46.18%	-28.53%	62.34%	19.50%
Net Cash Per Share	0.32	1.00	1.97	3.66	5.51	3.48
Filing Date Shares Outstanding	213.13	213.13	213.13	213.13	213.13	197.92
Total Common Shares Outstanding	213.13	213.13	213.13	213.13	213.13	197.92
Working Capital	820.53	924.54	1,317	1,745	2,025	1,792
Book Value Per Share	8.43	8.97	10.82	12.62	12.77	10.77
Tangible Book Value	1,681	1,806	2,215	2,649	2,681	2,107
Tangible Book Value Per Share	7.89	8.47	10.39	12.43	12.58	10.65
Buildings	-	328.17	327.7	305.2	260.42	133.78
Machinery	-	140.33	135.6	112.48	81.8	67.96
Construction In Progress	-	-	-	-	-	66.53

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