Three Squirrels 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	851.98	1,176	866.3	327.72	171.24	418.13
Short-Term Investments	-	894.65	1,242	1,446	1,365	1,356
Trading Asset Securities	170.03	70.03	-	19.63	20.24	-
Cash & Short-Term Investments	1,022	2,141	2,108	1,793	1,556	1,774
Cash Growth	-1.51%	1.55%	17.57%	15.21%	-12.25%	11.43%
Accounts Receivable	262.02	311.84	560.02	594.04	394.16	196.8
Other Receivables	71.01	62.33	42.3	18.3	21.83	33.94
Receivables	333.03	374.17	602.32	782.4	415.99	230.75
Inventory	788.38	1,784	2,083	1,388	1,071	1,672
Other Current Assets	1,555	845.29	454.24	364.18	273.56	224.83
Total Current Assets	3,698	5,144	5,248	4,327	3,317	3,901
Property, Plant & Equipment	1,022	1,014	934.77	836.47	905.88	878.54
Long-Term Investments	32.04	29.91	26.74	21.24	6.38	6.2
Goodwill	30.36	30.36	-	-	-	-
Other Intangible Assets	164.57	164.25	112.83	113.31	109.26	112.2
Long-Term Deferred Tax Assets	190.72	184.63	158.59	136.44	109.08	86.47
Long-Term Deferred Charges	162.02	138.11	112.72	64.95	31.37	22.06
Other Long-Term Assets	98.99	117.73	172.89	43.3	57.14	25.99
Total Assets	5,399	6,823	6,767	5,543	4,536	5,033
Accounts Payable	586.7	1,447	2,097	1,548	1,063	1,309
Accrued Expenses	88.04	351.47	608.82	357.02	274.04	330.39
Short-Term Debt	421	701.02	360	300	50	300
Current Portion of Long-Term Debt	-	-	74.51	54.65	0.67	0.72
Current Portion of Leases	38.7	39.8	27.56	14.17	34.75	78.79
Current Income Taxes Payable	132.78	27.69	44	42.96	25.89	31.33
Current Unearned Revenue	176.12	803.66	348.39	295.42	260.78	246.47
Other Current Liabilities	484.11	243.92	221.97	147.58	136.17	142.71
Total Current Liabilities	1,927	3,614	3,782	2,760	1,846	2,440
Long-Term Debt	-	-	-	125	199	199
Long-Term Leases	98.85	90.58	65.19	65.82	73.81	47.66
Long-Term Unearned Revenue	90.74	80.38	84.63	78.11	72.9	85.83
Long-Term Deferred Tax Liabilities	12.48	12.82	-	-	0.06	-
Other Long-Term Liabilities	-	-	-	-	0.86	2.42
Total Liabilities	2,130	3,798	3,932	3,029	2,192	2,775
Common Stock	401.69	401.67	401	401	401	401
Additional Paid-In Capital	574.19	570.96	534.69	513.83	469.16	412.19
Retained Earnings	2,275	2,002	1,897	1,639	1,484	1,445
Treasury Stock	-35.3	-5.31	-5.31	-40.01	-10	-
Comprehensive Income & Other	-0.34	-0.96	-	-	-	-
Total Common Equity	3,215	2,968	2,827	2,514	2,344	2,258
Minority Interest	53.99	57.12	8.07	-	-	-
Shareholders' Equity	3,269	3,025	2,835	2,514	2,344	2,258
Total Liabilities & Equity	5,399	6,823	6,767	5,543	4,536	5,033
Total Debt	558.56	831.4	527.25	559.65	358.23	626.17
Net Cash (Debt)	463.46	1,309	1,581	1,233	1,198	1,148
Net Cash Growth	-26.63%	-17.18%	28.17%	2.94%	4.42%	-15.74%
Net Cash Per Share	1.16	3.29	3.95	3.09	2.96	2.85
Filing Date Shares Outstanding	399.8	399.69	400.73	399.02	397.15	397.15
Total Common Shares Outstanding	399.8	401.4	400.73	399.02	397.15	397.15
Working Capital	1,771	1,530	1,466	1,567	1,471	1,461
Book Value Per Share	8.04	7.39	7.05	6.30	5.90	5.69
Tangible Book Value	3,020	2,774	2,714	2,401	2,234	2,146
Tangible Book Value Per Share	7.55	6.91	6.77	6.02	5.63	5.40
Buildings	-	837.54	831.28	497.08	497.33	497.37
Machinery	-	407.51	310.57	264.85	242	223.32
Construction In Progress	-	-	-	252.38	274.9	206.78