Zhubo Design 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	351.24	473.22	476.6	449.35	616.7	636.94
Short-Term Investments	21.79	33.18	-	50	20	-
Trading Asset Securities	632.68	559.83	608.53	667.44	535.02	590
Cash & Short-Term Investments	1,006	1,066	1,085	1,167	1,172	1,227
Cash Growth	-0.58%	-1.74%	-7.00%	-0.42%	-4.50%	12.58%
Accounts Receivable	225.84	293.38	426.62	450.42	415.86	362.85
Other Receivables	3.27	3.79	5.32	6.36	7.05	5.07
Receivables	229.11	297.18	431.93	456.79	422.91	367.92
Prepaid Expenses	-	-	0.04	-	-	-
Other Current Assets	1.54	1.65	1.45	2.6	8.26	10.47
Total Current Assets	1,236	1,365	1,519	1,626	1,603	1,605
Property, Plant & Equipment	100.57	127.74	216.45	235.38	277.06	239.73
Long-Term Investments	9.17	60.74	61.68	8.4	7.48	6.18
Other Intangible Assets	8.92	9.58	9.84	11.15	11.15	8.92
Long-Term Deferred Tax Assets	25.27	23.83	21.68	16.81	11.41	8.49
Long-Term Deferred Charges	2.25	3.16	3.93	6.14	6.7	2.76
Other Long-Term Assets	154.07	90.15	54.05	98.88	84.45	7.65
Total Assets	1,537	1,680	1,886	2,003	2,001	1,879
Accounts Payable	71.77	73.5	92.53	73.79	63.02	51.08
Accrued Expenses	13.21	47.99	101.72	164.69	233.6	319.04
Short-Term Debt	-	0.2	0.1	-	-	2.29
Current Portion of Leases	1.58	1.82	6.74	7.36	9.42	-
Current Income Taxes Payable	8.53	2.2	5.6	12.15	9.46	8.85
Current Unearned Revenue	213.31	217.11	263.19	292.26	317.59	328.58
Other Current Liabilities	14.4	26.4	42.63	52.92	58.04	22.94
Total Current Liabilities	322.81	369.21	512.5	603.18	691.13	732.78
Long-Term Leases	4.87	6.16	12.46	30.85	39.34	-
Long-Term Unearned Revenue	1.54	1.68	1.87	2.06	2.29	2.72
Total Liabilities	329.22	377.05	526.83	636.09	732.76	735.51
Common Stock	161.32	162.77	164.38	164.38	102.93	100
Additional Paid-In Capital	542.05	551.83	569.17	568.53	623.59	585.44
Retained Earnings	504.03	599.84	647.76	666.18	578.1	458.12
Treasury Stock	-	-11.23	-21.97	-32.25	-36.24	-
Shareholders' Equity	1,207	1,303	1,359	1,367	1,268	1,144
Total Liabilities & Equity	1,537	1,680	1,886	2,003	2,001	1,879
Total Debt	6.45	8.18	19.29	38.21	48.76	2.29
Net Cash (Debt)	999.27	1,058	1,066	1,129	1,123	1,225
Net Cash Growth	0.58%	-0.73%	-5.56%	0.50%	-8.30%	12.37%
Net Cash Per Share	6.19	6.49	6.42	6.86	7.01	7.63
Filing Date Shares Outstanding	161.32	162.77	164.38	164.38	164.69	160
Total Common Shares Outstanding	161.32	162.77	164.38	164.38	164.69	160
Working Capital	913.56	995.85	1,006	1,023	911.76	872.55
Book Value Per Share	7.48	8.01	8.27	8.31	7.70	7.15
Tangible Book Value	1,198	1,294	1,350	1,356	1,257	1,135
Tangible Book Value Per Share	7.43	7.95	8.21	8.25	7.63	7.09
Buildings	-	236.78	355.18	340.99	381.78	375.18
Machinery	-	43.77	52.54	54.27	51.82	47.91

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