Crealights Technology Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	334.04	74.96	32.97
Short-Term Investments	2.29	30.48	-
Trading Asset Securities	-	-	12.02
Cash & Short-Term Investments	336.33	105.44	44.99
Cash Growth	218.97%	134.40%	-
Accounts Receivable	438.69	275.03	63.82
Other Receivables	51.03	35.31	18.58
Receivables	489.71	310.35	82.4
Inventory	616.99	324.59	126.34
Other Current Assets	43.93	36.79	17.08
Total Current Assets	1,487	777.16	270.8
Property, Plant & Equipment	266.74	196.97	147
Long-Term Investments	21.14	0.93	10.93
Other Intangible Assets	0.11	0.17	0.18
Other Long-Term Assets	55.07	36.63	8.22
Total Assets	1,830	1,012	437.12
Accounts Payable	328.2	193.72	56.85
Accrued Expenses	17.75	10.9	6.56
Short-Term Debt	621.29	387.13	105.68
Current Portion of Long-Term Debt	59.55	32.91	18.92
Current Portion of Leases	6.64	3.29	3.04
Current Income Taxes Payable	-	0.16	-
Current Unearned Revenue	3.04	6.63	1.36
Other Current Liabilities	34.03	47.95	45.75
Total Current Liabilities	1,071	682.7	238.16
Long-Term Debt	147.66	103.61	35.7
Long-Term Leases	17	6.2	-
Long-Term Unearned Revenue	7.38	7	2.23
Other Long-Term Liabilities	1.73	0.7	0.31
Total Liabilities	1,244	800.2	276.4
Common Stock	76.11	62.95	61.2
Additional Paid-In Capital	757.09	315.2	256.95
Retained Earnings	-295.74	-195.72	-177.5
Comprehensive Income & Other	48.29	29.23	20.08
Shareholders' Equity	585.75	211.66	160.72
Total Liabilities & Equity	1,830	1,012	437.12
Total Debt	852.13	533.14	163.34
Net Cash (Debt)	-515.8	-427.69	-118.36
Net Cash Per Share	-7.13	-6.91	-1.93
Filing Date Shares Outstanding	76.11	61.86	61.2
Total Common Shares Outstanding	76.11	61.86	61.2
Working Capital	416.45	94.47	32.65
Book Value Per Share	7.70	3.42	2.63
Tangible Book Value	585.63	211.49	160.55
Tangible Book Value Per Share	7.69	3.42	2.62
Machinery	226.79	170.46	106.75
Construction In Progress	63.73	70.64	70.29
Leasehold Improvements	60.63	29.29	28.87