Wanma Technology 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	63.95	63.01	155.42	97.07	136.32	104.45
Trading Asset Securities	25	-	-	5.93	8.02	59.68
Cash & Short-Term Investments	88.95	63.01	155.42	103	144.34	164.13
Cash Growth	11.38%	-59.46%	50.89%	-28.64%	-12.06%	-15.04%
Accounts Receivable	586.35	491.4	348.66	331.19	429.05	295.52
Other Receivables	15.52	40.15	12.29	35.07	12.61	18.12
Receivables	601.87	531.55	360.95	366.25	441.66	313.64
Inventory	65.98	67.86	63.74	80.69	145.79	79.86
Other Current Assets	30.83	39.17	33.66	30.27	15.57	72.75
Total Current Assets	787.63	701.59	613.76	580.22	747.35	630.38
Property, Plant & Equipment	108.4	129.56	69.51	54.59	70.07	72.62
Long-Term Investments	1	1	11	11	11	1.1
Other Intangible Assets	46.61	46.14	51.39	57.26	64.12	43.62
Long-Term Accounts Receivable	-	0.94	0.74	3.52	12.6	4.34
Long-Term Deferred Tax Assets	12.02	12.93	5.04	6.99	11.16	7.11
Long-Term Deferred Charges	12.27	196.16	143.98	85.48	20.58	0.94
Other Long-Term Assets	173.31	-	-	20.02	-	-
Total Assets	1,141	1,088	895.42	819.08	936.9	760.11
Accounts Payable	301.73	255.8	190.87	221.17	267.59	143.07
Accrued Expenses	11.66	32.13	24.42	27.07	26.9	28.06
Short-Term Debt	96.46	64.53	85.14	40.22	89.61	89.81
Current Portion of Long-Term Debt	-	-	-	-	0.76	0.76
Current Portion of Leases	1.07	6.02	1.84	2.78	1.14	-
Current Income Taxes Payable	4.66	4.88	6.24	4.96	5	0.17
Current Unearned Revenue	140.92	87.94	84.2	48.43	67.96	39.84
Other Current Liabilities	24.89	77.82	16.32	17.25	25.21	14.14
Total Current Liabilities	581.4	529.12	409.03	361.89	484.16	315.86
Long-Term Debt	28.12	46.04	-	-	4.54	5.29
Long-Term Leases	5.07	14.55	-	1.85	1.52	-
Long-Term Unearned Revenue	11.68	13.65	14.48	45.26	7.99	3.15
Long-Term Deferred Tax Liabilities	0.87	2.82	0.27	0.59	-	-
Total Liabilities	627.12	606.18	423.77	409.6	498.21	324.3
Common Stock	134	134	134	134	134	134
Additional Paid-In Capital	159.05	159.05	159.05	161.22	161.22	161.22
Retained Earnings	221.78	189.1	178.61	114.15	83.4	79.34
Total Common Equity	514.83	482.14	471.66	409.37	378.62	374.56
Minority Interest	-0.72	-	-	0.1	60.06	61.24
Shareholders' Equity	514.11	482.14	471.66	409.47	438.69	435.81
Total Liabilities & Equity	1,141	1,088	895.42	819.08	936.9	760.11
Total Debt	130.72	131.14	86.98	44.85	97.57	95.86
Net Cash (Debt)	-41.77	-68.12	68.44	58.15	46.77	68.27
Net Cash Growth	-	-	17.69%	24.33%	-31.49%	-20.13%
Net Cash Per Share	-0.31	-0.51	0.51	0.43	0.35	0.51
Filing Date Shares Outstanding	134	134	134	134	134	134
Total Common Shares Outstanding	134	134	134	134	134	134
Working Capital	206.23	172.48	204.74	218.33	263.19	314.52
Book Value Per Share	3.84	3.60	3.52	3.06	2.83	2.80
Tangible Book Value	468.22	436	420.27	352.11	314.5	330.94
Tangible Book Value Per Share	3.49	3.25	3.14	2.63	2.35	2.47
Buildings	-	84.76	84.98	67.27	80.35	80.22
Machinery	-	101.66	53.27	49.98	53.47	53.58
Construction In Progress	-	-	0.88	0.01	0.3	-

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