DDC Enterprise Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020
Period Ending	Sep '23 Sep 30, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	-	26.8	13.49	24.47
Short-Term Investments	-	0.76	6.59	1.71
Cash & Short-Term Investments	24.73	27.56	20.09	26.18
Cash Growth	-	37.20%	-23.26%	-
Accounts Receivable	-	26.91	11.57	10.51
Other Receivables	-	7.24	6.36	9.41
Receivables	-	34.15	17.93	29.92
Inventory	-	6.12	9.61	4.97
Prepaid Expenses	-	8.92	-	-
Restricted Cash	-	70.1	63.76	34.16
Other Current Assets	-	8.79	8.09	2.5
Total Current Assets	-	155.64	119.47	97.73
Property, Plant & Equipment	-	6.64	4.17	5.83
Long-Term Investments	-	22.44	51.75	2.46
Goodwill	-	18.77	8.3	6.67
Other Intangible Assets	-	17.44	15.21	16.28
Other Long-Term Assets	-	34.44	29.61	1.85
Total Assets	-	255.38	228.5	130.82
Accounts Payable	-	17.05	18.5	14.91
Accrued Expenses	-	46.42	33.71	17.78
Short-Term Debt	-	108.65	90.87	134.32
Current Portion of Long-Term Debt	-	29.55	2.27	-
Current Portion of Leases	-	1.41	2.55	2.57
Current Income Taxes Payable	-	46.64	24.4	15.16
Current Unearned Revenue	-	6.29	2.07	2.43
Other Current Liabilities	-	5.78	2.67	11.1
Total Current Liabilities	-	261.79	177.04	198.27
Long-Term Debt	-	81.67	58.53	56.33
Long-Term Leases	-	4.82	-	-
Long-Term Deferred Tax Liabilities	-	3.4	3.19	1.82
Other Long-Term Liabilities	-	22.67	26.16	9.28
Total Liabilities	-	374.36	264.92	265.69
Common Stock	-	0.68	0.64	0.19
Retained Earnings	-	-1,478	-1,283	-736.74
Comprehensive Income & Other	-	-83.13	37.4	21.5
Total Common Equity	-1,690	-1,560	-1,245	-715.05
Minority Interest	-	14.43	0.24	4.57
Shareholders' Equity	-132.3	-118.98	-36.42	-134.87
Total Liabilities & Equity	-	255.38	228.5	130.82
Total Debt	263.37	226.11	154.23	193.21
Net Cash (Debt)	-238.64	-198.55	-134.14	-167.03
Net Cash Per Share	-36.64	-31.33	-23.51	-95.45
Filing Date Shares Outstanding	6.51	6.51	6.15	1.75
Total Common Shares Outstanding	6.51	6.51	6.15	1.75
Working Capital	-	-106.15	-57.58	-100.54
Book Value Per Share	-259.48	-239.59	-202.40	-408.60
Tangible Book Value	-1,725	-1,597	-1,269	-738
Tangible Book Value Per Share	-264.83	-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.