Doright 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	Dec '21 Dec 31, 2021
Cash & Equivalents	215.72	235.22	195.57	282.64	259.26	301.87
Trading Asset Securities	28.09	15	-	100.24	165.95	75
Cash & Short-Term Investments	243.81	250.22	195.57	382.87	425.22	376.87
Cash Growth	14.81%	27.94%	-48.92%	-9.96%	12.83%	141.99%
Accounts Receivable	259.54	255.44	188.41	151.24	151.74	147.72
Other Receivables	2.29	7.64	3.6	3.36	1.14	0.1
Receivables	261.83	263.08	192.01	154.6	152.88	147.82
Inventory	216.23	250.24	255.19	267.89	138.24	97.3
Other Current Assets	5.23	3.73	13.55	19.27	29.47	9.46
Total Current Assets	727.09	767.26	656.31	824.62	745.81	631.45
Property, Plant & Equipment	377.36	380.34	322.1	249.87	122.87	118.53
Long-Term Investments	55.63	55.63	53.36	-	-	-
Other Intangible Assets	78.27	78.87	81.29	32.49	33.07	30.44
Long-Term Deferred Tax Assets	16.19	16.06	11.06	8.56	7.43	5.47
Other Long-Term Assets	-	-	-	-	-	0.02
Total Assets	1,255	1,298	1,124	1,116	909.18	785.91
Accounts Payable	136.2	151.82	132.6	186.33	153.76	117.86
Accrued Expenses	13.53	20.61	19.13	15.64	12.25	7.91
Short-Term Debt	106.88	104.18	16.45	16.64	0.02	10.01
Current Portion of Long-Term Debt	0.29	0.28	-	-	-	-
Current Portion of Leases	-	-	0.27	0.26	0.24	0.23
Current Income Taxes Payable	3.86	7.76	2.18	2.87	7.35	3.9
Current Unearned Revenue	105.66	136.93	170.37	196.95	81.04	50.47
Other Current Liabilities	22.28	18.25	7.13	19.4	7.38	3.19
Total Current Liabilities	388.71	439.83	348.13	438.08	262.05	193.58
Long-Term Leases	2.01	1.99	2.28	2.35	2.6	2.84
Long-Term Unearned Revenue	32.97	33.38	30.11	11.14	9.72	11
Long-Term Deferred Tax Liabilities	2.01	2.12	2.53	2.98	3.5	2.26
Other Long-Term Liabilities	-	-	-	-	-	1.98
Total Liabilities	425.7	477.32	383.04	454.54	277.87	211.67
Common Stock	153.07	153.07	150.48	150	150	100
Additional Paid-In Capital	229.46	226.68	194.32	187.88	181.03	229.87
Retained Earnings	453.92	448.51	386.55	312.41	288.74	233.17
Treasury Stock	-15.97	-15.97	-	-	-	-
Comprehensive Income & Other	8.37	8.56	9.73	10.72	11.54	11.19
Total Common Equity	828.84	820.85	741.08	661	631.31	574.24
Shareholders' Equity	828.84	820.85	741.08	661	631.31	574.24
Total Liabilities & Equity	1,255	1,298	1,124	1,116	909.18	785.91
Total Debt	109.18	106.45	18.99	19.24	2.86	13.08
Net Cash (Debt)	134.63	143.76	176.58	363.63	422.35	363.79
Net Cash Growth	-20.52%	-18.58%	-51.44%	-13.90%	16.10%	133.58%
Net Cash Per Share	0.83	0.94	1.17	2.45	2.83	2.46
Filing Date Shares Outstanding	135.4	142.38	150.48	150	150	150
Total Common Shares Outstanding	135.4	142.38	150.48	150	150	150
Working Capital	338.38	327.43	308.18	386.54	483.76	437.87
Book Value Per Share	6.12	5.77	4.92	4.41	4.21	3.83
Tangible Book Value	750.57	741.98	659.79	628.52	598.24	543.8
Tangible Book Value Per Share	5.54	5.21	4.38	4.19	3.99	3.63
Buildings	-	-	105.3	103.87	104.69	104.47
Machinery	-	-	124.93	110.53	85.55	76.27
Construction In Progress	-	-	194.64	124.9	10.93	7.1

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