QuakeSafe Technologies 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	596.46	600.76	609.5	569.09	401.69	534.78
Cash & Short-Term Investments	596.46	600.76	609.5	569.09	401.69	534.78
Cash Growth	5.40%	-1.44%	7.10%	41.67%	-24.89%	10.29%
Accounts Receivable	647.9	755.98	913.93	891.66	597.13	400.31
Other Receivables	10.74	8.24	10.57	8.63	8.25	4.25
Receivables	658.64	764.21	924.5	900.29	605.38	404.56
Inventory	279.12	326.92	294.53	279.26	340.66	175.65
Prepaid Expenses	-	-	0.08	0.42	-	-
Other Current Assets	47.73	23.7	32.73	41.18	77.33	43.14
Total Current Assets	1,582	1,716	1,861	1,790	1,425	1,158
Property, Plant & Equipment	578.34	600.85	636.85	636.44	541.1	251.97
Long-Term Investments	10.49	10.22	9.89	9.6	-	-
Other Intangible Assets	66.54	70.56	66.39	64.2	50.99	35.92
Long-Term Deferred Tax Assets	71.51	68.04	58.08	45.64	34.65	25.47
Long-Term Deferred Charges	1.02	0.4	0.81	3.39	2.57	0.08
Other Long-Term Assets	8.47	8.47	10.62	13.04	9.9	10
Total Assets	2,318	2,474	2,644	2,563	2,064	1,482
Accounts Payable	211.85	248.01	272.02	255.74	266.18	153.4
Accrued Expenses	46.06	69.25	59.43	70.32	93.65	74.9
Short-Term Debt	117.57	127.71	263.66	239.21	125.88	47.61
Current Portion of Long-Term Debt	20.82	75.71	9.41	-	-	-
Current Portion of Leases	-	1.28	4.77	4.7	2.64	-
Current Income Taxes Payable	9.36	1.04	3.74	6.95	20.4	35.86
Current Unearned Revenue	121.31	120.96	54.49	32.29	25.32	23.73
Other Current Liabilities	42.24	24.44	20.06	28.02	27.46	21.9
Total Current Liabilities	569.2	668.41	687.59	637.23	561.53	357.4
Long-Term Debt	50.26	89.65	313.39	257.83	175.11	-
Long-Term Leases	2.52	0.7	0.13	3.32	2.05	-
Long-Term Unearned Revenue	60.66	62.02	62.09	23.8	10.85	8.94
Long-Term Deferred Tax Liabilities	6.26	6.75	9.56	17.14	7.14	5.86
Total Liabilities	688.91	827.54	1,073	939.33	756.68	372.19
Common Stock	276.29	276.29	247.23	247.23	202.17	144
Additional Paid-In Capital	884.27	884.27	612.66	603.34	398.93	422.3
Retained Earnings	455.8	478.11	619.15	680.33	598.29	543.08
Comprehensive Income & Other	-	-	84.39	84.41	85.45	-
Total Common Equity	1,616	1,639	1,563	1,615	1,285	1,109
Minority Interest	13.06	7.91	7.82	7.93	22.74	-
Shareholders' Equity	1,629	1,647	1,571	1,623	1,308	1,109
Total Liabilities & Equity	2,318	2,474	2,644	2,563	2,064	1,482
Total Debt	191.17	295.06	591.36	505.06	305.69	47.61
Net Cash (Debt)	405.29	305.7	18.14	64.02	96	487.17
Net Cash Growth	504.26%	1584.84%	-71.66%	-33.31%	-80.30%	0.47%
Net Cash Per Share	1.50	1.23	0.07	0.26	0.40	2.01
Filing Date Shares Outstanding	276.29	276.29	247.23	247.23	242.59	241.91
Total Common Shares Outstanding	276.29	276.29	247.23	247.23	242.59	241.91
Working Capital	1,013	1,047	1,174	1,153	863.52	800.73
Book Value Per Share	5.85	5.93	6.32	6.53	5.30	4.59
Tangible Book Value	1,550	1,568	1,497	1,551	1,234	1,073
Tangible Book Value Per Share	5.61	5.68	6.06	6.27	5.09	4.44
Buildings	-	391.74	373.66	371.14	222.7	85.35
Machinery	-	386.48	356.52	329.6	157.74	92.16
Construction In Progress	-	6.37	48.72	43.46	251.1	122.18

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.