MIE Holdings 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	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	94.7	71.88	62.91	120.34	36.5
Cash & Short-Term Investments	94.7	71.88	62.91	120.34	36.5
Cash Growth	31.74%	14.27%	-47.73%	229.75%	79.31%
Accounts Receivable	49.82	68.22	85.58	111.88	85.13
Other Receivables	-	41.39	27.89	36.57	36.2
Receivables	49.82	109.61	113.48	148.45	121.33
Inventory	30.38	27.53	30.44	16.39	19.47
Prepaid Expenses	48.28	-	-	-	-
Restricted Cash	2.04	1.14	1.43	9.17	63.76
Other Current Assets	-	3.24	1.18	417.91	354.6
Total Current Assets	225.22	213.42	209.43	712.25	595.65
Property, Plant & Equipment	542.78	956.46	1,347	1,581	1,580
Long-Term Investments	-	13.78	13.54	8.18	15.5
Other Intangible Assets	11.56	22.26	33.06	42.46	54.12
Other Long-Term Assets	265.4	176.28	123.73	88.15	19.68
Total Assets	1,045	1,382	1,726	2,432	2,265
Accounts Payable	95.28	123.11	228.29	353.55	374.07
Accrued Expenses	-	39.87	55.71	59.91	1,530
Current Portion of Long-Term Debt	113.61	133.22	211.8	642.71	3,597
Current Portion of Leases	4.56	2.79	4.56	4.27	4.82
Current Income Taxes Payable	40.28	42.88	36.28	68.61	19.32
Other Current Liabilities	96.98	93.75	94.57	118.9	196.37
Total Current Liabilities	350.71	435.61	631.22	1,248	5,722
Long-Term Debt	2,953	2,787	2,551	2,412	-
Long-Term Leases	2.27	1.96	3.4	2.08	1.6
Long-Term Deferred Tax Liabilities	86.96	128.31	175.93	215.27	282.4
Other Long-Term Liabilities	357.3	299.29	267.32	275.58	231.09
Total Liabilities	3,750	3,652	3,629	4,152	6,237
Common Stock	1,108	22.56	22.56	22.56	21.75
Additional Paid-In Capital	-	1,086	1,086	1,086	1,079
Retained Earnings	-	-3,365	-3,036	-2,879	-5,258
Comprehensive Income & Other	-3,813	-13.44	25.72	50.46	183.7
Total Common Equity	-2,705	-2,270	-1,902	-1,720	-3,973
Shareholders' Equity	-2,705	-2,270	-1,902	-1,720	-3,973
Total Liabilities & Equity	1,045	1,382	1,726	2,432	2,265
Total Debt	3,073	2,925	2,771	3,061	3,604
Net Cash (Debt)	-2,978	-2,853	-2,708	-2,940	-3,567
Net Cash Per Share	-0.88	-0.84	-0.80	-0.87	-1.09
Filing Date Shares Outstanding	3,387	3,387	3,387	3,387	3,268
Total Common Shares Outstanding	3,387	3,387	3,387	3,387	3,268
Working Capital	-125.49	-222.2	-421.79	-535.69	-5,127
Book Value Per Share	-0.80	-0.67	-0.56	-0.51	-1.22
Tangible Book Value	-2,716	-2,292	-1,936	-1,763	-4,027
Tangible Book Value Per Share	-0.80	-0.68	-0.57	-0.52	-1.23
Buildings	-	10.37	10.37	10.37	10.37
Machinery	-	71.02	68.36	66.29	62.98
Construction In Progress	-	8.78	4.71	6.86	80.71
Leasehold Improvements	-	1.23	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.