Matrix Design Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	399.73	1,084	1,060	1,419	440.69	368.51
Trading Asset Securities	706.77	-	410	-	-	-
Cash & Short-Term Investments	1,106	1,084	1,470	1,419	440.69	368.51
Cash Growth	-27.16%	-26.26%	3.60%	222.01%	19.59%	51.42%
Accounts Receivable	220.84	222.77	269.79	354.96	291.34	152.4
Other Receivables	5.09	6.82	9.45	3.98	3.07	2.54
Receivables	225.94	229.58	279.24	358.93	294.41	154.93
Inventory	85.99	65.27	51.66	60.72	146.49	92.8
Other Current Assets	19.52	12.91	13.22	38.69	65.27	46.4
Total Current Assets	1,438	1,392	1,814	1,877	946.86	662.64
Property, Plant & Equipment	60.3	66.22	112.29	53.96	61.28	51.38
Long-Term Investments	6	0.91	0.96	-	-	-
Goodwill	-	-	0.78	2.47	-	-
Long-Term Deferred Tax Assets	35.27	34.16	27.33	16.19	10.23	2.99
Long-Term Deferred Charges	26.9	32.07	12.65	2.51	4.02	5.44
Other Long-Term Assets	602.73	551.32	53.94	52.89	4.83	1.29
Total Assets	2,170	2,077	2,022	2,005	1,027	723.75
Accounts Payable	21.87	20.77	29.95	49.01	69.24	53.31
Accrued Expenses	60.25	72.52	70.92	60.35	74.92	61.73
Current Portion of Long-Term Debt	-	-	-	-	-	1.8
Current Portion of Leases	11.71	9.15	11.5	4.08	4.85	-
Current Income Taxes Payable	38.37	5.33	10.71	18.08	23.16	16.66
Current Unearned Revenue	190.68	146.76	110.56	100.39	211.07	161.85
Other Current Liabilities	76.71	37.33	2.6	1.18	13.63	45.57
Total Current Liabilities	399.59	291.87	236.25	233.09	396.87	340.91
Long-Term Debt	-	-	-	-	-	12.92
Long-Term Leases	21.2	28.09	37.04	7.8	9.81	-
Long-Term Deferred Tax Liabilities	-	-	0.05	0.06	-	-
Other Long-Term Liabilities	5	-	-	-	0.5	0.5
Total Liabilities	425.79	319.96	273.33	240.95	407.19	354.34
Common Stock	180	180	180	120	90	90
Additional Paid-In Capital	1,268	1,224	1,189	1,218	269.73	238.93
Retained Earnings	295.32	352.48	379.44	425.88	260.33	40.48
Comprehensive Income & Other	0.43	0.53	0.4	0.33	-0.04	0
Total Common Equity	1,744	1,757	1,749	1,764	620.02	369.41
Minority Interest	0.01	0	0.01	-	-	-
Shareholders' Equity	1,744	1,757	1,749	1,764	620.02	369.41
Total Liabilities & Equity	2,170	2,077	2,022	2,005	1,027	723.75
Total Debt	32.91	37.25	48.54	11.87	14.66	14.73
Net Cash (Debt)	1,074	1,047	1,422	1,407	426.03	353.78
Net Cash Growth	-27.38%	-26.36%	1.03%	230.30%	20.42%	55.97%
Net Cash Per Share	5.87	5.90	7.96	10.12	3.15	2.62
Filing Date Shares Outstanding	180	180	180	180	135	135
Total Common Shares Outstanding	180	180	180	180	135	135
Working Capital	1,038	1,100	1,578	1,644	549.98	321.73
Book Value Per Share	9.69	9.76	9.72	9.80	4.59	2.74
Tangible Book Value	1,743	1,757	1,748	1,762	620.02	369.41
Tangible Book Value Per Share	9.69	9.76	9.71	9.79	4.59	2.74
Buildings	-	31.23	78.86	2.16	55.89	57.9
Machinery	-	5.67	2.74	56.34	2.06	1.83

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.