Zhubo Design 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	273.27	328.89	473.22	476.6	449.35	616.7
Short-Term Investments	-	-	33.18	-	50	20
Trading Asset Securities	554.59	593.6	559.83	608.53	667.44	535.02
Cash & Short-Term Investments	827.86	922.49	1,066	1,085	1,167	1,172
Cash Growth	-21.57%	-13.48%	-1.74%	-7.00%	-0.42%	-4.50%
Accounts Receivable	188.68	190.32	293.38	426.62	450.42	415.86
Other Receivables	5.21	2.95	3.79	5.32	6.36	7.05
Receivables	193.89	193.27	297.18	431.93	456.79	422.91
Prepaid Expenses	-	-	-	0.04	-	-
Other Current Assets	162.1	173.6	1.65	1.45	2.6	8.26
Total Current Assets	1,184	1,289	1,365	1,519	1,626	1,603
Property, Plant & Equipment	99.81	102.51	127.74	216.45	235.38	277.06
Long-Term Investments	8.65	8.77	60.74	61.68	8.4	7.48
Other Intangible Assets	7.79	8.21	9.58	9.84	11.15	11.15
Long-Term Deferred Tax Assets	23.78	24.09	23.83	21.68	16.81	11.41
Long-Term Deferred Charges	1.77	2.12	3.16	3.93	6.14	6.7
Other Long-Term Assets	242.08	166.62	90.15	54.05	98.88	84.45
Total Assets	1,568	1,602	1,680	1,886	2,003	2,001
Accounts Payable	70.5	79.81	73.5	92.53	73.79	63.02
Accrued Expenses	21.79	42.79	47.99	101.72	164.69	233.6
Short-Term Debt	-	-	0.2	0.1	-	-
Current Portion of Long-Term Debt	1.54	1.49	-	-	-	-
Current Portion of Leases	-	-	1.82	6.74	7.36	9.42
Current Income Taxes Payable	8.44	11.07	2.2	5.6	12.15	9.46
Current Unearned Revenue	204.59	199.67	217.11	263.19	292.26	317.59
Other Current Liabilities	13.81	13.86	26.4	42.63	52.92	58.04
Total Current Liabilities	320.67	348.71	369.21	512.5	603.18	691.13
Long-Term Leases	4.27	4.61	6.16	12.46	30.85	39.34
Long-Term Unearned Revenue	1.45	1.5	1.68	1.87	2.06	2.29
Total Liabilities	326.39	354.81	377.05	526.83	636.09	732.76
Common Stock	161.32	161.32	162.77	164.38	164.38	102.93
Additional Paid-In Capital	542.05	542.05	551.83	569.17	568.53	623.59
Retained Earnings	537.98	543.51	599.84	647.76	666.18	578.1
Treasury Stock	-	-	-11.23	-21.97	-32.25	-36.24
Shareholders' Equity	1,241	1,247	1,303	1,359	1,367	1,268
Total Liabilities & Equity	1,568	1,602	1,680	1,886	2,003	2,001
Total Debt	5.81	6.11	8.18	19.29	38.21	48.76
Net Cash (Debt)	822.05	916.38	1,058	1,066	1,129	1,123
Net Cash Growth	-21.55%	-13.39%	-0.73%	-5.56%	0.50%	-8.30%
Net Cash Per Share	4.91	5.65	6.49	6.42	6.86	7.01
Filing Date Shares Outstanding	184.31	143.59	162.77	164.38	164.38	164.69
Total Common Shares Outstanding	184.31	143.59	162.77	164.38	164.38	164.69
Working Capital	863.18	940.65	995.85	1,006	1,023	911.76
Book Value Per Share	6.74	8.68	8.01	8.27	8.31	7.70
Tangible Book Value	1,234	1,239	1,294	1,350	1,356	1,257
Tangible Book Value Per Share	6.69	8.63	7.95	8.21	8.25	7.63
Buildings	-	-	236.78	355.18	340.99	381.78
Machinery	-	-	43.77	52.54	54.27	51.82

Source: S&P Global Market Intelligence. Standard template. Financial Sources.