QuakeSafe Technologies 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	630.49	624.39	600.76	609.5	569.09	401.69
Cash & Short-Term Investments	630.49	624.39	600.76	609.5	569.09	401.69
Cash Growth	6.22%	3.93%	-1.44%	7.10%	41.67%	-24.89%
Accounts Receivable	439.12	525.82	755.98	913.93	891.66	597.13
Other Receivables	11.44	7.71	8.24	10.57	8.63	8.25
Receivables	450.56	533.53	764.21	924.5	900.29	605.38
Inventory	281.28	266.67	326.92	294.53	279.26	340.66
Prepaid Expenses	-	-	-	0.08	0.42	-
Other Current Assets	53.22	45.76	23.7	32.73	41.18	77.33
Total Current Assets	1,416	1,470	1,716	1,861	1,790	1,425
Property, Plant & Equipment	516.1	532.2	600.85	636.85	636.44	541.1
Long-Term Investments	9.5	10.69	10.22	9.89	9.6	-
Other Intangible Assets	65.56	66.76	70.56	66.39	64.2	50.99
Long-Term Deferred Tax Assets	73.12	75.59	68.04	58.08	45.64	34.65
Long-Term Deferred Charges	0.83	0.39	0.4	0.81	3.39	2.57
Other Long-Term Assets	23.33	27.18	8.47	10.62	13.04	9.9
Total Assets	2,104	2,183	2,474	2,644	2,563	2,064
Accounts Payable	157.58	190.52	248.01	272.02	255.74	266.18
Accrued Expenses	50.62	92.62	69.25	59.43	70.32	93.65
Short-Term Debt	53.3	94.13	127.71	263.66	239.21	125.88
Current Portion of Long-Term Debt	30.79	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	165.46	142.99	120.96	54.49	32.29	25.32
Other Current Liabilities	45.21	10.07	24.44	20.06	28.02	27.46
Total Current Liabilities	502.96	554.07	668.41	687.59	637.23	561.53
Long-Term Debt	5.03	28.85	89.65	313.39	257.83	175.11
Long-Term Leases	1.8	2.06	0.7	0.13	3.32	2.05
Long-Term Unearned Revenue	56.5	58.11	62.02	62.09	23.8	10.85
Long-Term Deferred Tax Liabilities	5.62	5.93	6.75	9.56	17.14	7.14
Total Liabilities	571.91	649.03	827.54	1,073	939.33	756.68
Common Stock	276.29	276.29	276.29	247.23	247.23	202.17
Additional Paid-In Capital	884.27	884.27	884.27	612.66	603.34	398.93
Retained Earnings	358.83	360.73	478.11	619.15	680.33	598.29
Comprehensive Income & Other	-	-	-	84.39	84.41	85.45
Total Common Equity	1,519	1,521	1,639	1,563	1,615	1,285
Minority Interest	12.7	12.84	7.91	7.82	7.93	22.74
Shareholders' Equity	1,532	1,534	1,647	1,571	1,623	1,308
Total Liabilities & Equity	2,104	2,183	2,474	2,644	2,563	2,064
Total Debt	90.92	148.16	295.06	591.36	505.06	305.69
Net Cash (Debt)	539.57	476.22	305.7	18.14	64.02	96
Net Cash Growth	52.45%	55.78%	1584.84%	-71.66%	-33.31%	-80.30%
Net Cash Per Share	1.95	1.72	1.23	0.07	0.26	0.40
Filing Date Shares Outstanding	275.54	276.29	276.29	247.23	247.23	242.59
Total Common Shares Outstanding	275.54	276.29	276.29	247.23	247.23	242.59
Working Capital	912.59	916.28	1,047	1,174	1,153	863.52
Book Value Per Share	5.51	5.51	5.93	6.32	6.53	5.30
Tangible Book Value	1,454	1,455	1,568	1,497	1,551	1,234
Tangible Book Value Per Share	5.28	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

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