Shenzhen Xunce 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	222.33	343.82	596.97	748.57
Short-Term Investments	97.97	41.6	73.91	27.2
Trading Asset Securities	150.41	187.49	170.97	147.76
Cash & Short-Term Investments	470.71	572.9	841.85	923.53
Cash Growth	-49.03%	-31.95%	-8.85%	-
Accounts Receivable	253.72	251.73	266.3	76.65
Other Receivables	12.31	14.59	9.45	11.25
Receivables	273.57	273.87	283.3	94.62
Inventory	74.89	58.23	31.07	48.99
Other Current Assets	4.76	2.29	4.4	2.42
Total Current Assets	823.94	907.3	1,161	1,070
Property, Plant & Equipment	49.91	43.42	17.17	15.9
Long-Term Investments	466.27	457.4	444.11	351.26
Goodwill	388.53	388.53	388.53	388.53
Other Intangible Assets	19.7	22.66	28.47	34.47
Other Long-Term Assets	12.83	13.07	10	4.8
Total Assets	1,761	1,832	2,049	1,865
Accounts Payable	52.76	27.14	59.01	18.57
Accrued Expenses	29.8	41.26	65.46	64.39
Short-Term Debt	42.99	28.12	45.6	16.79
Current Portion of Leases	9.13	7.67	8.2	7.02
Current Income Taxes Payable	0.04	0.04	0.04	-
Current Unearned Revenue	32.12	27.96	71.37	89.93
Other Current Liabilities	26.73	32.86	27.73	46.21
Total Current Liabilities	193.56	165.04	277.41	242.9
Long-Term Leases	24.13	17.96	4.05	4.51
Long-Term Unearned Revenue	-	-	-	0.64
Total Liabilities	217.69	183	281.46	248.05
Common Stock	300	300	300	129.18
Retained Earnings	-209.28	-119.85	-35.84	-395.16
Comprehensive Income & Other	1,382	1,380	1,400	1,771
Total Common Equity	1,473	1,560	1,665	1,505
Minority Interest	70.49	89.06	102.89	111.02
Shareholders' Equity	1,543	1,649	1,767	1,616
Total Liabilities & Equity	1,761	1,832	2,049	1,865
Total Debt	76.25	53.76	57.86	28.32
Net Cash (Debt)	394.46	519.14	783.99	895.22
Net Cash Growth	-55.94%	-33.78%	-12.42%	-
Net Cash Per Share	1.31	1.73	2.70	3.32
Filing Date Shares Outstanding	322.5	322.5	290.29	270.01
Total Common Shares Outstanding	300	300	290.29	270.01
Working Capital	630.38	742.26	883.21	826.66
Book Value Per Share	4.91	5.20	5.73	5.58
Tangible Book Value	1,065	1,149	1,248	1,082
Tangible Book Value Per Share	3.55	3.83	4.30	4.01
Machinery	13.19	12.64	8.32	5.61
Leasehold Improvements	19.82	19.33	4.22	3.42

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