Zhongfu Information 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	254.48	603.06	367.87	456.53	682.88	774.86
Short-Term Investments	-	-	-	-	50	-
Trading Asset Securities	125.04	-	-	87.25	-	430.63
Cash & Short-Term Investments	379.52	603.06	367.87	543.78	732.88	1,205
Cash Growth	-16.52%	63.93%	-32.35%	-25.80%	-39.20%	219.89%
Accounts Receivable	453.66	456.51	450.09	431.69	575.73	447.96
Other Receivables	9.48	11.33	23.87	20.44	23.2	21.11
Receivables	463.14	467.84	473.96	452.12	598.93	469.07
Inventory	76.74	65.53	93.53	140.73	96.25	90.83
Other Current Assets	54.11	34.99	16.75	14.58	23.4	16.57
Total Current Assets	973.51	1,171	952.1	1,151	1,451	1,782
Property, Plant & Equipment	259.98	312.52	66.76	120.66	147.75	46.31
Long-Term Investments	46.63	46.93	46.42	44.86	58.44	9.18
Other Intangible Assets	239.36	220.82	98.93	120.79	72.56	20.56
Long-Term Deferred Tax Assets	25.03	24.28	23.38	27.73	28	13.55
Long-Term Deferred Charges	120.49	125.36	140.7	25.33	32.86	30.24
Other Long-Term Assets	93.84	71.27	361.22	382.77	384.21	25.35
Total Assets	1,759	1,973	1,690	1,873	2,175	1,927
Accounts Payable	146.52	152.04	189.69	150.58	217.34	179.69
Accrued Expenses	43.75	88.46	108.66	65.71	136.34	100.31
Short-Term Debt	255.22	278.1	288.7	301.73	-	-
Current Portion of Leases	3.44	16.17	23.4	26.47	24.38	-
Current Income Taxes Payable	9.29	-	-	-	0.02	15.26
Current Unearned Revenue	49.87	44.74	52.81	54.13	18.12	26.62
Other Current Liabilities	7.13	4.9	6.1	24.84	44.7	61.21
Total Current Liabilities	515.22	584.42	669.37	623.45	440.89	383.1
Long-Term Leases	1.96	2.4	6.22	32.02	47.69	-
Long-Term Unearned Revenue	39.27	32.49	26.24	22.42	11.05	6.93
Long-Term Deferred Tax Liabilities	1.07	3.06	5.14	9.89	-	0.09
Total Liabilities	557.52	622.38	706.97	687.78	499.63	390.12
Common Stock	260.39	260.39	225.54	226.38	226.53	226.69
Additional Paid-In Capital	1,374	1,373	914.65	949.36	986.85	923.22
Retained Earnings	-429.34	-279.28	-154.13	31.88	501.39	441.15
Treasury Stock	-	-	-	-18.94	-36.54	-52.56
Comprehensive Income & Other	-3.91	-3.79	-3.5	-3.1	-2.59	-1.46
Total Common Equity	1,201	1,350	982.57	1,186	1,676	1,537
Minority Interest	-	-	-0.01	-0.01	-0.01	-0.01
Shareholders' Equity	1,201	1,350	982.55	1,186	1,676	1,537
Total Liabilities & Equity	1,759	1,973	1,690	1,873	2,175	1,927
Total Debt	260.62	296.68	318.33	360.22	72.07	-
Net Cash (Debt)	118.9	306.39	49.54	183.56	660.81	1,205
Net Cash Growth	-35.79%	518.47%	-73.01%	-72.22%	-45.18%	219.89%
Net Cash Per Share	0.46	1.22	0.22	0.82	2.88	5.49
Filing Date Shares Outstanding	260.39	260.39	225.54	226.38	226.53	226.69
Total Common Shares Outstanding	260.39	260.39	225.54	226.38	226.53	226.69
Working Capital	458.28	587.01	282.74	527.77	1,011	1,399
Book Value Per Share	4.61	5.19	4.36	5.24	7.40	6.78
Tangible Book Value	961.94	1,129	883.63	1,065	1,603	1,516
Tangible Book Value Per Share	3.69	4.34	3.92	4.70	7.08	6.69
Buildings	-	-	-	16.53	17.76	16.67
Machinery	-	397.31	123.95	128.28	111.95	69.93
Construction In Progress	-	1.23	-	-	0.13	-

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