Voicecomm Technology 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	62.74	95.14	46.88	20.43	10.64
Trading Asset Securities	246.57	218.84	-	-	-
Cash & Short-Term Investments	309.31	313.98	46.88	20.43	10.64
Cash Growth	500.79%	569.82%	129.40%	92.03%	-
Accounts Receivable	1,090	908.13	582.82	312.62	226.2
Other Receivables	6.21	14.38	14.08	25.56	10.4
Receivables	1,096	922.51	596.9	338.18	236.6
Inventory	40.48	40.5	6.19	95.27	112.48
Other Current Assets	236.42	252.87	241.1	140.71	101.51
Total Current Assets	1,729	1,530	891.07	594.6	461.22
Property, Plant & Equipment	149.78	131.2	111.26	75.22	12.68
Long-Term Investments	28.61	27.19	29.6	30.94	20.88
Goodwill	39.17	39.17	39.17	39.17	17.11
Other Intangible Assets	300.49	139.15	110.68	110.95	24.24
Long-Term Deferred Tax Assets	63.21	49.3	18.4	10.04	5.18
Other Long-Term Assets	446.36	479.45	179.96	34.36	72.91
Total Assets	2,757	2,395	1,380	895.27	614.22
Accounts Payable	209.84	53.44	14.4	3.31	6.64
Accrued Expenses	25	14.7	12.39	19.69	16.38
Short-Term Debt	-	-	-	-	5.35
Current Portion of Long-Term Debt	568.5	586.1	342	211.65	150.66
Current Portion of Leases	13.09	11.35	8.12	4.13	2.3
Current Income Taxes Payable	28.15	32.09	3.17	2.89	2.9
Current Unearned Revenue	65.39	67.63	97.42	31.13	26.73
Other Current Liabilities	29.34	15.9	869.51	564.41	283.82
Total Current Liabilities	939.32	781.21	1,347	837.2	494.78
Long-Term Debt	157.79	-	10	10	-
Long-Term Leases	6.87	10.61	10.68	8.59	6.61
Long-Term Unearned Revenue	0.41	1.02	2.04	0.87	1.05
Long-Term Deferred Tax Liabilities	1.56	1.72	2.83	3.97	2.02
Total Liabilities	1,106	794.56	1,373	860.63	504.46
Common Stock	35.52	35.52	31.06	28.29	25.67
Retained Earnings	-445.16	-519.88	-31.21	2.55	89.7
Comprehensive Income & Other	2,040	2,056	-11.54	-10.9	-8.32
Total Common Equity	1,630	1,572	-11.68	19.94	107.06
Minority Interest	20.59	28.93	19.26	14.7	2.7
Shareholders' Equity	1,651	1,601	7.57	34.64	109.76
Total Liabilities & Equity	2,757	2,395	1,380	895.27	614.22
Total Debt	746.26	608.06	370.8	234.37	164.93
Net Cash (Debt)	-436.95	-294.07	-323.92	-213.93	-154.29
Net Cash Per Share	-12.41	-11.28	-18.82	-12.44	-8.97
Filing Date Shares Outstanding	35.52	35.52	31.06	17.2	17.2
Total Common Shares Outstanding	35.52	35.52	31.06	17.2	17.2
Working Capital	790.08	748.65	-455.94	-242.6	-33.55
Book Value Per Share	45.90	44.25	-0.38	1.16	6.22
Tangible Book Value	1,291	1,394	-161.53	-130.18	65.71
Tangible Book Value Per Share	36.34	39.23	-5.20	-7.57	3.82
Machinery	-	8.01	5.69	6.18	5.26
Construction In Progress	-	-	-	60.17	0.25
Leasehold Improvements	-	13.56	12.59	0.87	0.87
Order Backlog	-	666.23	500.85	382.48	297.88

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