Zhongfu Information 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	313.15	529.81	603.06	367.87	456.53	682.88
Short-Term Investments	-	-	-	-	-	50
Trading Asset Securities	120.28	-	-	-	87.25	-
Cash & Short-Term Investments	433.43	529.81	603.06	367.87	543.78	732.88
Cash Growth	22.58%	-12.15%	63.93%	-32.35%	-25.80%	-39.20%
Accounts Receivable	335.11	402.63	456.51	450.09	431.69	575.73
Other Receivables	8.08	8.06	11.33	23.87	20.44	23.2
Receivables	343.19	410.69	467.84	473.96	452.12	598.93
Inventory	65.97	53.87	65.53	93.53	140.73	96.25
Other Current Assets	32.07	25.5	34.99	16.75	14.58	23.4
Total Current Assets	874.66	1,020	1,171	952.1	1,151	1,451
Property, Plant & Equipment	259.8	260.11	312.52	66.76	120.66	147.75
Long-Term Investments	47.69	46.65	46.93	46.42	44.86	58.44
Other Intangible Assets	358.69	221.3	220.82	98.93	120.79	72.56
Long-Term Deferred Tax Assets	27.7	26.55	24.28	23.38	27.73	28
Long-Term Deferred Charges	23.82	158.07	125.36	140.7	25.33	32.86
Other Long-Term Assets	92.57	93.4	71.27	361.22	382.77	384.21
Total Assets	1,685	1,826	1,973	1,690	1,873	2,175
Accounts Payable	102.71	154.56	152.04	189.69	150.58	217.34
Accrued Expenses	57.1	76.62	88.46	108.66	65.71	136.34
Short-Term Debt	269.22	270.27	278.1	288.7	301.73	-
Current Portion of Leases	-	6.94	16.17	23.4	26.47	24.38
Current Income Taxes Payable	3.3	-	-	-	-	0.02
Current Unearned Revenue	35.52	30.54	44.74	52.81	54.13	18.12
Other Current Liabilities	3.03	4.39	4.9	6.1	24.84	44.7
Total Current Liabilities	478.49	543.31	584.42	669.37	623.45	440.89
Long-Term Leases	4.12	1.74	2.4	6.22	32.02	47.69
Long-Term Unearned Revenue	32.07	32.16	32.49	26.24	22.42	11.05
Long-Term Deferred Tax Liabilities	1.94	1.3	3.06	5.14	9.89	-
Total Liabilities	516.63	578.51	622.38	706.97	687.78	499.63
Common Stock	260.39	260.39	260.39	225.54	226.38	226.53
Additional Paid-In Capital	1,375	1,375	1,373	914.65	949.36	986.85
Retained Earnings	-463.16	-383.61	-279.28	-154.13	31.88	501.39
Treasury Stock	-	-	-	-	-18.94	-36.54
Comprehensive Income & Other	-3.94	-3.92	-3.79	-3.5	-3.1	-2.59
Total Common Equity	1,168	1,247	1,350	982.57	1,186	1,676
Minority Interest	-	-	-	-0.01	-0.01	-0.01
Shareholders' Equity	1,168	1,247	1,350	982.55	1,186	1,676
Total Liabilities & Equity	1,685	1,826	1,973	1,690	1,873	2,175
Total Debt	280.97	278.95	296.68	318.33	360.22	72.07
Net Cash (Debt)	152.47	250.86	306.39	49.54	183.56	660.81
Net Cash Growth	-9.89%	-18.12%	518.47%	-73.01%	-72.22%	-45.18%
Net Cash Per Share	0.59	0.96	1.22	0.22	0.82	2.88
Filing Date Shares Outstanding	256.59	260.39	260.39	225.54	226.38	226.53
Total Common Shares Outstanding	256.59	260.39	260.39	225.54	226.38	226.53
Working Capital	396.17	476.56	587.01	282.74	527.77	1,011
Book Value Per Share	4.55	4.79	5.19	4.36	5.24	7.40
Tangible Book Value	809.6	1,026	1,129	883.63	1,065	1,603
Tangible Book Value Per Share	3.16	3.94	4.34	3.92	4.70	7.08
Buildings	-	253.87	286.25	10.21	16.53	17.76
Machinery	-	111.91	111.06	113.73	128.28	111.95
Construction In Progress	-	-	1.23	-	-	0.13

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