Three Squirrels Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	422.78	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	730	70.03	-	19.63	20.24	-
Cash & Short-Term Investments	1,153	2,141	2,108	1,793	1,556	1,774
Cash Growth	-27.88%	1.55%	17.57%	15.21%	-12.25%	11.43%
Accounts Receivable	291.31	311.84	560.02	594.04	394.16	196.8
Other Receivables	64.09	62.33	42.3	18.3	21.83	33.94
Receivables	355.4	374.17	602.32	782.4	415.99	230.75
Inventory	871.09	1,784	2,083	1,388	1,071	1,672
Other Current Assets	1,070	845.29	454.24	364.18	273.56	224.83
Total Current Assets	3,449	5,144	5,248	4,327	3,317	3,901
Property, Plant & Equipment	1,038	1,014	934.77	836.47	905.88	878.54
Long-Term Investments	28.56	29.91	26.74	21.24	6.38	6.2
Goodwill	30.36	30.36	-	-	-	-
Other Intangible Assets	162.01	164.25	112.83	113.31	109.26	112.2
Long-Term Deferred Tax Assets	206.15	184.63	158.59	136.44	109.08	86.47
Long-Term Deferred Charges	168.7	138.11	112.72	64.95	31.37	22.06
Other Long-Term Assets	95.29	117.73	172.89	43.3	57.14	25.99
Total Assets	5,178	6,823	6,767	5,543	4,536	5,033

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	664.63	1,447	2,097	1,548	1,063	1,309
Accrued Expenses	247.96	351.47	608.82	357.02	274.04	330.39
Short-Term Debt	501.02	701.02	360	300	50	300
Current Portion of Long-Term Debt	-	-	74.51	54.65	0.67	0.72
Current Portion of Leases	33.71	39.8	27.56	14.17	34.75	78.79
Current Income Taxes Payable	48.74	27.69	44	42.96	25.89	31.33
Current Unearned Revenue	141.26	803.66	348.39	295.42	260.78	246.47
Other Current Liabilities	178.7	243.92	221.97	147.58	136.17	142.71
Total Current Liabilities	1,816	3,614	3,782	2,760	1,846	2,440
Long-Term Debt	-	-	-	125	199	199
Long-Term Leases	96.48	90.58	65.19	65.82	73.81	47.66
Long-Term Unearned Revenue	90.95	80.38	84.63	78.11	72.9	85.83
Long-Term Deferred Tax Liabilities	12.33	12.82	-	-	0.06	-
Other Long-Term Liabilities	-	-	-	-	0.86	2.42
Total Liabilities	2,016	3,798	3,932	3,029	2,192	2,775

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	401.69	401.67	401	401	401	401
Additional Paid-In Capital	574.51	570.96	534.69	513.83	469.16	412.19
Retained Earnings	2,204	2,002	1,897	1,639	1,484	1,445
Treasury Stock	-71.96	-5.31	-5.31	-40.01	-10	-
Comprehensive Income & Other	-0.76	-0.96	-	-	-	-
Total Common Equity	3,108	2,968	2,827	2,514	2,344	2,258
Minority Interest	54.76	57.12	8.07	-	-	-
Shareholders' Equity	3,162	3,025	2,835	2,514	2,344	2,258
Total Liabilities & Equity	5,178	6,823	6,767	5,543	4,536	5,033

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	631.22	831.4	527.25	559.65	358.23	626.17
Net Cash (Debt)	521.56	1,309	1,581	1,233	1,198	1,148
Net Cash Growth	-43.74%	-17.18%	28.17%	2.94%	4.42%	-15.74%
Net Cash Per Share	1.30	3.29	3.95	3.09	2.96	2.85
Filing Date Shares Outstanding	397.7	399.69	400.73	399.02	397.15	397.15
Total Common Shares Outstanding	397.7	401.4	400.73	399.02	397.15	397.15
Working Capital	1,633	1,530	1,466	1,567	1,471	1,461
Book Value Per Share	7.81	7.39	7.05	6.30	5.90	5.69
Tangible Book Value	2,915	2,774	2,714	2,401	2,234	2,146
Tangible Book Value Per Share	7.33	6.91	6.77	6.02	5.63	5.40
Buildings	857.36	837.54	831.28	497.08	497.33	497.37
Machinery	449.61	407.51	310.57	264.85	242	223.32
Construction In Progress	-	-	-	252.38	274.9	206.78