Shenzhen Zesum 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	477.76	527.62	362.82	721.68	193	224.36
Short-Term Investments	-	80.12	839.24	374.4	-	-
Trading Asset Securities	790.2	789.16	209.29	579.66	-	6.95
Cash & Short-Term Investments	1,268	1,397	1,411	1,676	193	231.31
Cash Growth	125.14%	-1.02%	-15.78%	768.27%	-16.56%	-14.02%
Accounts Receivable	354.51	375.43	393.75	239.92	254.08	279.87
Other Receivables	14.52	8	15.97	2.29	7.6	9.1
Receivables	369.03	383.43	409.72	242.21	261.68	288.97
Inventory	313.97	244.47	217.95	108.03	86.65	80.8
Prepaid Expenses	-	-	3.75	0.2	0.16	0.2
Other Current Assets	121.77	26.37	29.04	12.69	11.37	5.61
Total Current Assets	2,073	2,051	2,072	2,039	552.87	606.89
Property, Plant & Equipment	689.31	679.71	690.95	576.1	519.03	137.63
Long-Term Investments	9.46	6.83	3	0.15	57.53	54.07
Goodwill	49.41	49.41	104.42	26.29	-	-
Other Intangible Assets	37.01	37.98	43.7	35.64	29.54	30.28
Long-Term Deferred Tax Assets	30.63	19.19	13.56	4.92	8.37	4.53
Long-Term Deferred Charges	35.48	32.75	13.13	3.67	0.29	3.39
Other Long-Term Assets	334.09	328.88	154.61	12.34	10.21	31.01
Total Assets	3,258	3,206	3,095	2,698	1,178	867.79
Accounts Payable	270.08	254.09	238.32	60.76	84.24	141.75
Accrued Expenses	31.33	33.99	36.25	15.66	10.86	10.85
Short-Term Debt	129.69	90.09	-	-	30	30
Current Portion of Long-Term Debt	7.41	-	-	-	10.5	-
Current Portion of Leases	-	7.31	10.99	4.81	2.61	6.64
Current Income Taxes Payable	21.12	17.93	3.62	1.8	4.22	4.05
Current Unearned Revenue	24.36	20.16	20.41	3.18	0.75	0.13
Other Current Liabilities	66.49	85.97	57.2	15.18	20.49	3.35
Total Current Liabilities	550.47	509.54	366.78	101.39	163.67	196.77
Long-Term Debt	-	-	-	-	227.59	-
Long-Term Leases	55.49	58.62	85.53	23.97	26.37	35.05
Long-Term Unearned Revenue	4.36	4.33	3.24	3.97	1.14	0.54
Long-Term Deferred Tax Liabilities	0.83	0.88	2.33	1.8	3.55	1.37
Other Long-Term Liabilities	0.31	0.44	1.53	0.29	0.27	-
Total Liabilities	611.46	573.83	459.41	131.42	422.6	233.73
Common Stock	128.68	128.68	128.68	128.68	96.51	96.51
Additional Paid-In Capital	1,990	1,977	1,968	1,963	304.42	303.33
Retained Earnings	477.19	483.27	440.15	424.07	351.06	233.84
Treasury Stock	-33.94	-33.94	-50	-	-	-
Comprehensive Income & Other	-6.86	-5.72	-2.82	-0.25	0.11	0.39
Total Common Equity	2,555	2,549	2,484	2,515	752.11	634.07
Minority Interest	91.93	83.05	151.43	51.24	3.14	-
Shareholders' Equity	2,647	2,632	2,636	2,567	755.25	634.07
Total Liabilities & Equity	3,258	3,206	3,095	2,698	1,178	867.79
Total Debt	192.58	156.03	96.52	28.77	297.07	71.7
Net Cash (Debt)	1,075	1,241	1,315	1,647	-104.07	159.62
Net Cash Growth	129.39%	-5.63%	-20.17%	-	-	-40.67%
Net Cash Per Share	8.50	9.76	10.36	14.66	-1.07	1.65
Filing Date Shares Outstanding	121.44	127.41	127.41	128.21	96.51	96.68
Total Common Shares Outstanding	121.44	127.41	127.41	128.68	96.51	96.68
Working Capital	1,522	1,542	1,705	1,937	389.2	410.13
Book Value Per Share	21.04	20.01	19.50	19.55	7.79	6.56
Tangible Book Value	2,468	2,462	2,336	2,453	722.57	603.79
Tangible Book Value Per Share	20.33	19.32	18.34	19.07	7.49	6.25
Buildings	-	459.34	432.54	352.1	352.1	23.81
Machinery	-	240.31	247.67	198.28	131.32	113.73
Construction In Progress	-	25.74	8.57	74.36	59.55	13.66

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