Vanjee Technology Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	260.27	356.52	371.05	207.3	799.81	1,115
Short-Term Investments	18	-	-	-	-	-
Trading Asset Securities	-	-	-	330	-	-
Cash & Short-Term Investments	278.27	356.52	371.05	537.3	799.81	1,115
Cash Growth	-15.32%	-3.91%	-30.94%	-32.82%	-28.24%	65.88%
Accounts Receivable	789.3	875	990.9	1,083	1,060	1,002
Other Receivables	59.75	13.46	16.18	48.14	45.58	50.43
Receivables	849.05	888.46	1,007	1,132	1,105	1,052
Inventory	409.71	331.15	374.24	398.42	419.11	335.85
Other Current Assets	53.66	82.44	86.74	63.32	72.81	60.81
Total Current Assets	1,591	1,659	1,839	2,131	2,397	2,564
Property, Plant & Equipment	335.87	349.79	369.03	412.17	334.65	270.64
Long-Term Investments	468.18	465.58	476.74	487.73	462.75	380.18
Goodwill	10.66	10.66	5.34	5.34	5.34	5.34
Other Intangible Assets	107.02	92.23	94.87	84.73	34.83	34.31
Long-Term Deferred Tax Assets	96.74	100.84	107.68	106.36	81.41	57.05
Long-Term Deferred Charges	12.02	21.81	14.53	15.61	41.01	8.34
Other Long-Term Assets	17.99	21.59	24.18	20.17	65.73	2.4
Total Assets	2,639	2,721	2,931	3,263	3,423	3,322

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Accounts Payable	535.29	505.87	511.29	509.52	427.86	284.81
Accrued Expenses	54.53	101.28	109.4	107.46	89.24	116.35
Short-Term Debt	90	72.5	112.5	45	-	-
Current Portion of Leases	7.73	19.54	26.43	18.76	16.94	18.56
Current Income Taxes Payable	-	0.47	1.38	1.79	0	0.09
Current Unearned Revenue	65.47	88.11	83.46	72.67	64.88	58.04
Other Current Liabilities	54.71	84.33	70.1	58.54	53.27	60.67
Total Current Liabilities	807.73	872.11	914.56	813.74	652.2	538.52
Long-Term Leases	1.1	-	19.74	53.97	3.26	5.21
Long-Term Unearned Revenue	14.57	14.89	17.89	22.33	21.29	4.76
Long-Term Deferred Tax Liabilities	45.67	47.7	51.49	55.39	47.04	43.81
Other Long-Term Liabilities	24.17	3.78	3.11	-	-	-
Total Liabilities	893.25	938.48	1,007	945.44	723.79	592.29

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Common Stock	213.13	213.13	213.13	213.13	213.13	213.13
Additional Paid-In Capital	768.46	768.46	737.37	744.62	742.48	737.35
Retained Earnings	500.06	532.19	713.26	1,099	1,485	1,522
Comprehensive Income & Other	248.25	248.29	248.33	248.3	248.29	248.26
Total Common Equity	1,730	1,762	1,912	2,305	2,689	2,721
Minority Interest	16.03	20.52	12.59	11.78	10.15	8.4
Shareholders' Equity	1,746	1,783	1,925	2,317	2,699	2,730
Total Liabilities & Equity	2,639	2,721	2,931	3,263	3,423	3,322

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Total Debt	98.83	92.04	158.67	117.73	20.2	23.77
Net Cash (Debt)	179.44	264.48	212.38	419.57	779.61	1,091
Net Cash Growth	109.80%	24.53%	-49.38%	-46.18%	-28.53%	62.34%
Net Cash Per Share	0.84	1.24	1.00	1.97	3.66	5.51
Filing Date Shares Outstanding	213.13	213.13	213.13	213.13	213.13	213.13
Total Common Shares Outstanding	213.13	213.13	213.13	213.13	213.13	213.13
Working Capital	782.96	786.47	924.54	1,317	1,745	2,025
Book Value Per Share	8.12	8.27	8.97	10.82	12.62	12.77
Tangible Book Value	1,612	1,659	1,812	2,215	2,649	2,681
Tangible Book Value Per Share	7.56	7.78	8.50	10.39	12.43	12.58
Buildings	339.81	339.81	328.17	327.7	305.2	260.42
Machinery	163.93	156.66	140.33	135.6	112.48	81.8