Empyrean Technology 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	805.76	891.53	1,067	3,103	2,582	377.59
Short-Term Investments	-	1,089	742.08	52.93	-	-
Trading Asset Securities	550.29	610.4	820.71	-	1,095	60.59
Cash & Short-Term Investments	1,356	2,591	2,630	3,156	3,677	438.18
Cash Growth	-25.34%	-1.47%	-16.67%	-14.16%	739.05%	-2.03%
Accounts Receivable	507.55	568.72	688.18	301.79	226.54	197.95
Other Receivables	25.22	19.6	51.89	24.18	14.68	19.01
Receivables	532.77	588.32	740.07	325.97	241.21	216.96
Inventory	48.64	53.36	53.77	48.14	72.05	55.32
Prepaid Expenses	-	16.64	23.33	19.06	45.76	-
Other Current Assets	885.32	24.48	10.06	15.32	99.54	146.39
Total Current Assets	2,823	3,274	3,457	3,564	4,135	856.85
Property, Plant & Equipment	744.82	765.65	589.23	601.28	553.53	507.25
Long-Term Investments	559.43	1,613	951.55	783.79	149.45	104.72
Goodwill	45.74	45.74	45.74	45.74	-	-
Other Intangible Assets	265.53	275.23	287.6	319.37	266.7	278.85
Long-Term Deferred Tax Assets	24.14	27.7	13.5	5.87	-	-
Long-Term Deferred Charges	4.62	5.58	4.15	2.02	10.19	24.59
Other Long-Term Assets	1,593	321.3	280.06	213.06	280.66	29.31
Total Assets	6,060	6,328	5,629	5,536	5,396	1,802
Accounts Payable	84.25	86.63	48.82	37.19	25.56	99.89
Accrued Expenses	64.79	247.09	257.06	169.41	164.24	103.83
Short-Term Debt	250.08	250.03	-	50.04	-	-
Current Portion of Long-Term Debt	60.44	20.97	14.53	8.08	13	24.85
Current Portion of Leases	-	28.56	26.47	16.1	13.74	18.5
Current Income Taxes Payable	19.02	7.42	0.48	3.14	-	-
Current Unearned Revenue	38.8	44.19	48.83	118.04	211.62	80.84
Other Current Liabilities	18.45	32.24	50.04	89.62	12.24	18.69
Total Current Liabilities	535.85	717.13	446.23	491.63	440.39	346.6
Long-Term Debt	-	12.89	33.84	48.34	53	181.61
Long-Term Leases	109.52	117.7	24.58	23.19	2.23	15.71
Long-Term Unearned Revenue	185.88	201.11	112.45	181.76	247.96	263.12
Long-Term Deferred Tax Liabilities	16.03	16.98	7.53	7.28	-	-
Total Liabilities	847.27	1,066	624.62	752.19	743.58	807.05
Common Stock	545.44	545.44	542.94	542.94	542.94	434.35
Additional Paid-In Capital	4,280	4,254	3,986	3,808	3,797	439.36
Retained Earnings	370.51	443.52	463.97	435.94	316.65	131.15
Comprehensive Income & Other	6.97	8.73	11	-3.49	-4.3	-10.34
Total Common Equity	5,203	5,252	5,004	4,783	4,652	994.52
Minority Interest	9.92	9.99	-	-	-	-
Shareholders' Equity	5,212	5,262	5,004	4,783	4,652	994.52
Total Liabilities & Equity	6,060	6,328	5,629	5,536	5,396	1,802
Total Debt	420.05	430.15	99.42	145.75	81.97	240.68
Net Cash (Debt)	936.01	2,161	2,530	3,010	3,595	197.5
Net Cash Growth	-45.39%	-14.60%	-15.94%	-16.26%	1720.05%	-39.97%
Net Cash Per Share	1.63	3.90	4.62	5.55	7.56	0.45
Filing Date Shares Outstanding	545.44	545.44	542.94	542.94	542.94	434.35
Total Common Shares Outstanding	545.44	545.44	542.94	542.94	542.94	434.35
Working Capital	2,287	2,557	3,011	3,073	3,695	510.25
Book Value Per Share	9.54	9.63	9.22	8.81	8.57	2.29
Tangible Book Value	4,891	4,931	4,671	4,418	4,385	715.67
Tangible Book Value Per Share	8.97	9.04	8.60	8.14	8.08	1.65
Buildings	-	488.34	488.34	487.24	436.44	-
Machinery	-	361.45	233.5	202.52	160.04	508.16
Construction In Progress	-	5.75	3.87	1.35	22.68	2.55

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