QuakeSafe Technologies Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	624.39	600.76	609.5	569.09	401.69
Cash & Short-Term Investments	624.39	600.76	609.5	569.09	401.69
Cash Growth	3.93%	-1.44%	7.10%	41.67%	-24.89%
Accounts Receivable	525.82	755.98	913.93	891.66	597.13
Other Receivables	7.71	8.24	10.57	8.63	8.25
Receivables	533.53	764.21	924.5	900.29	605.38
Inventory	266.67	326.92	294.53	279.26	340.66
Prepaid Expenses	-	-	0.08	0.42	-
Other Current Assets	45.76	23.7	32.73	41.18	77.33
Total Current Assets	1,470	1,716	1,861	1,790	1,425
Property, Plant & Equipment	532.2	600.85	636.85	636.44	541.1
Long-Term Investments	10.69	10.22	9.89	9.6	-
Other Intangible Assets	66.76	70.56	66.39	64.2	50.99
Long-Term Deferred Tax Assets	75.59	68.04	58.08	45.64	34.65
Long-Term Deferred Charges	0.39	0.4	0.81	3.39	2.57
Other Long-Term Assets	27.18	8.47	10.62	13.04	9.9
Total Assets	2,183	2,474	2,644	2,563	2,064
Accounts Payable	190.52	248.01	272.02	255.74	266.18
Accrued Expenses	92.62	69.25	59.43	70.32	93.65
Short-Term Debt	94.13	127.71	263.66	239.21	125.88
Current Portion of Long-Term Debt	21.4	75.71	9.41	-	-
Current Portion of Leases	1.72	1.28	4.77	4.7	2.64
Current Income Taxes Payable	0.63	1.04	3.74	6.95	20.4
Current Unearned Revenue	142.99	120.96	54.49	32.29	25.32
Other Current Liabilities	10.07	24.44	20.06	28.02	27.46
Total Current Liabilities	554.07	668.41	687.59	637.23	561.53
Long-Term Debt	28.85	89.65	313.39	257.83	175.11
Long-Term Leases	2.06	0.7	0.13	3.32	2.05
Long-Term Unearned Revenue	58.11	62.02	62.09	23.8	10.85
Long-Term Deferred Tax Liabilities	5.93	6.75	9.56	17.14	7.14
Total Liabilities	649.03	827.54	1,073	939.33	756.68
Common Stock	276.29	276.29	247.23	247.23	202.17
Additional Paid-In Capital	884.27	884.27	612.66	603.34	398.93
Retained Earnings	360.73	478.11	619.15	680.33	598.29
Comprehensive Income & Other	-	-	84.39	84.41	85.45
Total Common Equity	1,521	1,639	1,563	1,615	1,285
Minority Interest	12.84	7.91	7.82	7.93	22.74
Shareholders' Equity	1,534	1,647	1,571	1,623	1,308
Total Liabilities & Equity	2,183	2,474	2,644	2,563	2,064
Total Debt	148.16	295.06	591.36	505.06	305.69
Net Cash (Debt)	476.22	305.7	18.14	64.02	96
Net Cash Growth	55.78%	1584.84%	-71.66%	-33.31%	-80.30%
Net Cash Per Share	1.72	1.23	0.07	0.26	0.40
Filing Date Shares Outstanding	276.29	276.29	247.23	247.23	242.59
Total Common Shares Outstanding	276.29	276.29	247.23	247.23	242.59
Working Capital	916.28	1,047	1,174	1,153	863.52
Book Value Per Share	5.51	5.93	6.32	6.53	5.30
Tangible Book Value	1,455	1,568	1,497	1,551	1,234
Tangible Book Value Per Share	5.26	5.68	6.06	6.27	5.09
Buildings	392.19	391.74	373.66	371.14	222.7
Machinery	373.44	386.48	356.52	329.6	157.74
Construction In Progress	2.13	6.37	48.72	43.46	251.1

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.