DDC Enterprise Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '23 Dec 31, 2023	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	78.79	78.79	26.8	13.49	24.47
Short-Term Investments	104.09	104.09	0.76	6.59	1.71
Cash & Short-Term Investments	182.88	182.88	27.56	20.09	26.18
Cash Growth	563.53%	563.53%	37.20%	-23.26%	-
Accounts Receivable	29.51	29.51	26.91	11.57	10.51
Other Receivables	-	-	7.24	6.36	9.41
Receivables	29.51	29.51	34.15	17.93	29.92
Inventory	9.98	9.98	6.12	9.61	4.97
Prepaid Expenses	97.59	97.59	8.92	-	-
Restricted Cash	0.5	0.5	70.1	63.76	34.16
Other Current Assets	-	-	8.79	8.09	2.5
Total Current Assets	320.46	320.46	155.64	119.47	97.73
Property, Plant & Equipment	6.77	6.77	6.64	4.17	5.83
Long-Term Investments	14.14	14.14	22.44	51.75	2.46
Goodwill	47	47	18.77	8.3	6.67
Other Intangible Assets	9.43	9.43	17.44	15.21	16.28
Other Long-Term Assets	43.15	43.15	34.44	29.61	1.85
Total Assets	440.94	440.94	255.38	228.5	130.82
Accounts Payable	20.79	20.79	17.05	18.5	14.91
Accrued Expenses	168.95	168.95	46.42	33.71	17.78
Short-Term Debt	37.11	37.11	108.65	90.87	134.32
Current Portion of Long-Term Debt	38.06	38.06	29.55	2.27	-
Current Portion of Leases	2.69	2.69	1.41	2.55	2.57
Current Income Taxes Payable	-	-	46.64	24.4	15.16
Current Unearned Revenue	13.77	13.77	6.29	2.07	2.43
Other Current Liabilities	-	-	5.78	2.67	11.1
Total Current Liabilities	281.38	281.38	261.79	177.04	198.27
Long-Term Debt	73.91	73.91	81.67	58.53	56.33
Long-Term Leases	4.08	4.08	4.82	-	-
Long-Term Deferred Tax Liabilities	3.83	3.83	3.4	3.19	1.82
Other Long-Term Liabilities	10.49	10.49	22.67	26.16	9.28
Total Liabilities	373.69	373.69	374.36	264.92	265.69
Common Stock	2.33	2.33	0.68	0.64	0.19
Additional Paid-In Capital	1,817	1,817	-	-	-
Retained Earnings	-1,638	-1,638	-1,478	-1,283	-736.74
Comprehensive Income & Other	-135.58	-135.58	-83.13	37.4	21.5
Total Common Equity	45.61	45.61	-1,560	-1,245	-715.05
Minority Interest	21.64	21.64	14.43	0.24	4.57
Shareholders' Equity	67.25	67.25	-118.98	-36.42	-134.87
Total Liabilities & Equity	440.94	440.94	255.38	228.5	130.82
Total Debt	155.85	155.85	226.11	154.23	193.21
Net Cash (Debt)	27.03	27.03	-198.55	-134.14	-167.03
Net Cash Per Share	-	-	-31.33	-23.51	-95.45
Filing Date Shares Outstanding	-	-	6.51	6.15	1.75
Total Common Shares Outstanding	-	-	6.51	6.15	1.75
Working Capital	39.08	39.08	-106.15	-57.58	-100.54
Book Value Per Share	-	-	-239.59	-202.40	-408.60
Tangible Book Value	-10.82	-10.82	-1,597	-1,269	-738
Tangible Book Value Per Share	-	-	-245.15	-206.22	-421.72
Buildings	-	-	-	4.73	4.73
Machinery	-	-	8.48	26.01	25.89
Leasehold Improvements	-	-	2.52	3.89	3.89

Source: S&P Capital IQ. Standard template. Financial Sources.