Ruijie Networks 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	975.32	2,528	1,409	2,298	2,941	1,288
Short-Term Investments	40.05	43.08	65.87	-	-	-
Cash & Short-Term Investments	1,015	2,571	1,475	2,298	2,941	1,288
Cash Growth	10.22%	74.33%	-35.82%	-21.85%	128.28%	86.44%
Accounts Receivable	1,932	2,245	1,912	1,366	728.52	833.91
Other Receivables	96.15	54.08	55.13	55.82	52.39	36.26
Receivables	2,028	2,299	1,967	1,422	780.91	870.17
Inventory	3,846	2,960	3,367	2,875	3,077	2,512
Other Current Assets	587.25	55.2	174.68	38.11	84.84	7.96
Total Current Assets	7,476	7,886	6,984	6,633	6,884	4,678
Property, Plant & Equipment	550.57	570.71	646.39	701.7	668.61	544.02
Long-Term Investments	23.44	386.04	354.6	102.21	6.12	6.12
Other Intangible Assets	478.47	50.5	53.01	16	13.45	12.15
Long-Term Deferred Tax Assets	715.49	716.9	832	684.52	436.37	278.76
Long-Term Deferred Charges	98.22	561.83	587.36	185.1	32.86	33.24
Other Long-Term Assets	460.64	52.05	46.13	41.83	37.6	15.77
Total Assets	9,803	10,224	9,503	8,364	8,079	5,568
Accounts Payable	1,981	2,193	2,030	2,129	1,427	2,245
Accrued Expenses	22.17	848.95	730.43	539.24	854.12	697.27
Short-Term Debt	1,365	1,301	1,385	692.04	580.49	386.9
Current Portion of Leases	64.29	66.36	61.85	60.6	73.89	47.5
Current Income Taxes Payable	42.99	5.04	2.66	0.8	1.22	2.62
Current Unearned Revenue	821.09	535.84	347.02	354.02	506.99	412.88
Other Current Liabilities	292.2	211.12	260.37	117.01	161.38	84.91
Total Current Liabilities	4,589	5,161	4,817	3,892	3,605	3,877
Long-Term Leases	74.6	68.92	101.63	141.49	116.74	105.06
Long-Term Unearned Revenue	6.14	3.85	9.29	15.21	33.26	23.64
Long-Term Deferred Tax Liabilities	0.01	-	-	28.43	28.11	0.2
Other Long-Term Liabilities	0.73	0.8	0.56	2.11	0.75	-
Total Liabilities	4,670	5,235	4,929	4,080	3,784	4,006
Common Stock	795.45	795.45	568.18	568.18	568.18	500
Additional Paid-In Capital	2,141	2,118	2,280	2,244	2,200	87.34
Retained Earnings	2,198	2,076	1,725	1,470	1,529	979.1
Comprehensive Income & Other	-1.43	-0.02	1.88	2.66	-2.26	-4.17
Shareholders' Equity	5,133	4,989	4,575	4,285	4,295	1,562
Total Liabilities & Equity	9,803	10,224	9,503	8,364	8,079	5,568
Total Debt	1,504	1,437	1,548	894.13	771.12	539.46
Net Cash (Debt)	-488.21	1,135	-73.09	1,404	2,170	748.9
Net Cash Growth	-	-	-	-35.29%	189.74%	97.12%
Net Cash Per Share	-0.61	1.43	-0.09	1.77	3.09	1.08
Filing Date Shares Outstanding	795.45	795.45	795.45	795.45	795.45	696.62
Total Common Shares Outstanding	795.45	795.45	795.45	795.45	795.45	696.62
Working Capital	2,888	2,725	2,167	2,741	3,279	801.11
Book Value Per Share	6.45	6.27	5.75	5.39	5.40	2.24
Tangible Book Value	4,655	4,939	4,522	4,269	4,281	1,550
Tangible Book Value Per Share	5.85	6.21	5.68	5.37	5.38	2.23
Buildings	-	107.52	107.52	158.23	157.58	153.6
Machinery	-	832.93	779.44	657.86	556.18	390.86
Construction In Progress	-	-	-	19.58	-	-

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