BizConf Telecom 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	313.71	480.22	531.5	532.29	562.4	694.76
Trading Asset Securities	127.03	-	3	-	-	-
Cash & Short-Term Investments	440.74	480.22	534.5	532.29	562.4	694.76
Cash Growth	-21.82%	-10.16%	0.41%	-5.35%	-19.05%	81.58%
Accounts Receivable	101.45	123.03	108.33	130.38	198.68	198.16
Other Receivables	20.66	4.45	6.34	14.66	10.21	12.04
Receivables	122.11	127.48	114.67	145.04	208.88	210.2
Inventory	68.51	67.73	67.1	83.11	117.47	135.71
Other Current Assets	21.02	14.74	8.37	21.18	19.64	9.97
Total Current Assets	652.38	690.17	724.64	781.62	908.39	1,051
Property, Plant & Equipment	209.07	212.89	223.78	241.22	235.2	63.21
Long-Term Investments	229.33	229.33	231.13	208.05	310.4	294.22
Goodwill	62.61	62.61	62.61	62.61	458.61	458.61
Other Intangible Assets	32.73	33.63	37.04	40.98	53.17	39.53
Long-Term Deferred Tax Assets	8.02	8.17	7.61	7.74	14.26	14.38
Long-Term Deferred Charges	12.21	11.74	12.45	12.71	6.32	8.13
Other Long-Term Assets	88.57	88.57	-	-	-	-
Total Assets	1,295	1,337	1,299	1,355	1,986	1,929
Accounts Payable	59.53	75.47	59.47	64.2	98.3	76.15
Accrued Expenses	16.09	27.84	25.35	26.24	35.36	58.15
Short-Term Debt	31	20.01	-	40.04	80.09	-
Current Portion of Long-Term Debt	3.08	3.79	-	-	-	-
Current Portion of Leases	-	-	4.87	5.81	8.53	13.44
Current Income Taxes Payable	2.08	3.43	-	0	0.62	3.22
Current Unearned Revenue	20.01	28.68	18.22	33.73	31.57	50.55
Other Current Liabilities	5.05	7.4	7.54	28.61	33.32	33.87
Total Current Liabilities	136.85	166.61	115.46	198.63	287.78	235.4
Long-Term Leases	3.12	3.45	2.24	6.64	7.75	14.58
Long-Term Unearned Revenue	1.44	1.52	1.86	0.97	4.7	5.46
Long-Term Deferred Tax Liabilities	0.53	0.58	0.88	1.11	21.56	23.12
Total Liabilities	141.93	172.16	120.44	207.34	321.78	278.57
Common Stock	198.27	198.27	198.27	199.23	200.35	199.84
Additional Paid-In Capital	1,426	1,426	1,426	1,434	1,443	1,444
Retained Earnings	-471.73	-459.77	-445.9	-475.38	25.81	8.6
Treasury Stock	-	-	-	-8.18	-17.72	-18.91
Total Common Equity	1,153	1,165	1,179	1,150	1,651	1,633
Minority Interest	-	-	-	-2.47	13.35	16.84
Shareholders' Equity	1,153	1,165	1,179	1,148	1,665	1,650
Total Liabilities & Equity	1,295	1,337	1,299	1,355	1,986	1,929
Total Debt	37.2	27.25	7.12	52.48	96.36	28.03
Net Cash (Debt)	403.54	452.96	527.38	479.81	466.03	666.73
Net Cash Growth	-24.98%	-14.11%	9.92%	2.96%	-30.10%	162.54%
Net Cash Per Share	2.04	2.29	2.65	2.41	2.35	3.71
Filing Date Shares Outstanding	199.4	195.45	198.27	199.23	200.35	199.84
Total Common Shares Outstanding	199.4	195.45	198.27	199.23	200.35	199.84
Working Capital	515.53	523.56	609.18	583	620.61	815.24
Book Value Per Share	5.78	5.96	5.95	5.77	8.24	8.17
Tangible Book Value	1,058	1,069	1,079	1,046	1,139	1,135
Tangible Book Value Per Share	5.30	5.47	5.44	5.25	5.69	5.68
Buildings	-	-	201.67	201.43	17.98	17.98
Machinery	-	-	58.8	57.97	69.52	43.42
Construction In Progress	-	-	0.14	1.26	166.25	-

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