Shenzhen Manst 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	Dec '21 Dec 31, 2021
Cash & Equivalents	339.18	484.32	541.75	766.17	70.88	83.63
Short-Term Investments	-	332.21	-	-	-	-
Trading Asset Securities	205.87	152.85	1,159	1,266	110.32	60.07
Cash & Short-Term Investments	545.04	969.38	1,701	2,033	181.2	143.71
Cash Growth	-68.09%	-43.02%	-16.31%	1021.78%	26.09%	26.63%
Accounts Receivable	489.99	568.9	914.24	766.37	486.77	188.92
Other Receivables	187.27	186.13	122.41	21.12	3.19	0.12
Receivables	677.27	755.02	1,037	787.5	489.96	189.04
Inventory	1,354	841.85	683.75	455.78	185.67	101.32
Prepaid Expenses	-	6.6	2.18	0.42	-	-
Other Current Assets	729.48	467.39	209.54	48.6	21.3	18.59
Total Current Assets	3,306	3,040	3,633	3,325	878.12	452.66
Property, Plant & Equipment	848.61	913.45	688.69	253.61	115.2	73.7
Long-Term Investments	120.91	176.2	18.35	9	-	-
Goodwill	36.71	36.71	51.32	51.32	-	-
Other Intangible Assets	177.13	178.84	127.44	12.79	3.52	2.6
Long-Term Deferred Tax Assets	88.19	75.31	42.34	33.14	9.44	2.32
Long-Term Deferred Charges	14.67	14.52	22.08	15.18	3.33	1.08
Other Long-Term Assets	90.39	14.19	32.16	33.35	15.2	7.96
Total Assets	4,682	4,449	4,616	3,733	1,025	540.33
Accounts Payable	344.4	339.94	666.14	263.07	137.23	80.59
Accrued Expenses	43.54	61.43	42.07	66.31	46.56	19.27
Short-Term Debt	1,002	761.78	487.78	74.89	-	1.28
Current Portion of Long-Term Debt	33.86	15.09	8.55	-	-	-
Current Portion of Leases	-	19.63	26.6	18.8	5.39	3.63
Current Income Taxes Payable	1.54	0.11	9.8	17.51	27.13	8.18
Current Unearned Revenue	408.72	356.41	305.95	130.6	168.71	51.13
Other Current Liabilities	77.33	66.57	79.22	104.06	75.07	28.19
Total Current Liabilities	1,911	1,621	1,626	675.24	460.09	192.27
Long-Term Debt	116.81	121.05	48.5	4.66	-	-
Long-Term Leases	23.48	26.88	40.43	44.62	16.91	15.86
Long-Term Unearned Revenue	12.01	8.05	6.27	1.05	0.67	0.69
Long-Term Deferred Tax Liabilities	1.37	0.12	0.23	17.17	3.26	0.01
Other Long-Term Liabilities	10.33	10.72	11.33	0.8	0.31	-
Total Liabilities	2,075	1,788	1,733	743.54	481.24	208.83
Common Stock	143.89	143.89	143.89	120	90	90
Additional Paid-In Capital	2,212	2,212	2,210	2,230	147.69	140.73
Retained Earnings	435.82	476.78	586.64	645.75	304.38	101.02
Treasury Stock	-144.99	-144.99	-46.44	-	-	-
Comprehensive Income & Other	-0.42	0.13	-0.63	0.08	-	-
Total Common Equity	2,646	2,688	2,894	2,996	542.07	331.75
Minority Interest	-38.78	-25.88	-10.98	-5.99	1.51	-0.25
Shareholders' Equity	2,607	2,662	2,883	2,990	543.58	331.5
Total Liabilities & Equity	4,682	4,449	4,616	3,733	1,025	540.33
Total Debt	1,176	944.44	611.86	142.97	22.3	20.77
Net Cash (Debt)	-630.88	24.94	1,089	1,890	158.9	122.94
Net Cash Growth	-	-97.71%	-42.35%	1089.25%	29.25%	8.33%
Net Cash Per Share	-4.37	0.17	7.45	14.39	1.47	1.14
Filing Date Shares Outstanding	146.29	141.31	143.07	143.46	108	107.74
Total Common Shares Outstanding	146.29	141.31	143.07	144	108	107.74
Working Capital	1,395	1,419	2,007	2,650	418.03	260.39
Book Value Per Share	18.09	19.02	20.23	20.80	5.02	3.08
Tangible Book Value	2,432	2,472	2,715	2,932	538.55	329.14
Tangible Book Value Per Share	16.63	17.49	18.98	20.36	4.99	3.05
Buildings	-	158.39	84.35	38.56	4.54	4.54
Machinery	-	698.45	452.07	119.94	56.49	32.77
Construction In Progress	-	118.76	131.96	55.52	44.12	23.28

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