LX Technology Group 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	FY 2020
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	Dec '20 Dec 31, 2020
Cash & Equivalents	365.01	276.94	390.66	156.27	118.55	80.38
Trading Asset Securities	213.61	125.43	69.57	300.81	-	-
Cash & Short-Term Investments	578.62	402.37	460.23	457.09	118.55	80.38
Cash Growth	6.95%	-12.57%	0.69%	285.55%	47.49%	5.88%
Accounts Receivable	131.96	255.62	105.98	64.88	53.44	37.11
Other Receivables	108.83	127.69	152.58	113.76	134.33	119.14
Receivables	240.79	383.31	258.56	178.64	187.77	156.25
Inventory	135.03	102.8	78.99	76.63	74.31	122.04
Other Current Assets	8.25	4.92	10.96	14.72	9.42	9.15
Total Current Assets	962.68	893.4	808.74	727.08	390.05	367.82
Property, Plant & Equipment	719.79	743.47	795.65	802.86	753.91	534.43
Goodwill	23.59	21.2	21.2	-	-	-
Other Intangible Assets	62.66	21.93	26	-	-	-
Long-Term Deferred Tax Assets	12.72	13.37	10.08	13.19	5.48	7.74
Other Long-Term Assets	28.66	28.96	19.43	17.74	28.38	31.09
Total Assets	1,810	1,722	1,681	1,561	1,178	941.08
Accounts Payable	92.03	107.38	147.84	125.12	68.29	135.37
Accrued Expenses	51.67	42.37	47.77	31.46	31.89	20.99
Current Portion of Long-Term Debt	566.24	585.48	413.81	406.36	390.42	213.56
Current Portion of Leases	8.52	5.5	9.67	6.42	10.45	6.47
Current Income Taxes Payable	-	-	0.06	0.02	0.02	0.04
Current Unearned Revenue	16.33	20.04	19.17	17.51	19.5	16.79
Other Current Liabilities	7.41	7.58	6.85	12.09	8.51	3.59
Total Current Liabilities	742.2	768.35	645.17	598.99	529.09	396.81
Long-Term Debt	286.06	223.71	278.41	144.56	1,268	696.53
Long-Term Leases	11	6.93	8.41	6.5	10.71	17.63
Long-Term Deferred Tax Liabilities	17.15	7.13	9.3	3.51	-	-
Total Liabilities	1,056	1,006	941.29	753.55	1,808	1,111
Common Stock	3.16	3.16	3.16	3.16	54.16	55
Additional Paid-In Capital	1,286	1,286	1,264	1,264	-	-
Retained Earnings	-764.16	-769.82	-712.87	-581.68	-681.63	-232.93
Comprehensive Income & Other	204.47	194.89	182.5	122.05	-2.75	8.04
Total Common Equity	729.51	714.27	736.57	807.31	-630.22	-169.89
Minority Interest	24.2	1.93	3.24	-	-	-
Shareholders' Equity	753.71	716.2	739.81	807.31	-630.22	-169.89
Total Liabilities & Equity	1,810	1,722	1,681	1,561	1,178	941.08
Total Debt	871.81	821.63	710.3	563.83	1,680	934.19
Net Cash (Debt)	-293.19	-419.26	-250.07	-106.75	-1,561	-853.81
Net Cash Per Share	-0.95	-1.37	-0.82	-0.41	-12.99	-7.05
Filing Date Shares Outstanding	353.26	353.26	353.26	353.26	119.26	121.14
Total Common Shares Outstanding	353.26	353.26	353.26	353.26	119.26	121.14
Working Capital	220.48	125.04	163.56	128.09	-139.04	-28.99
Book Value Per Share	2.07	2.02	2.09	2.29	-5.28	-1.40
Tangible Book Value	643.25	671.13	689.37	807.31	-630.22	-169.89
Tangible Book Value Per Share	1.82	1.90	1.95	2.29	-5.28	-1.40
Machinery	-	1,472	1,397	1,254	1,053	723.77
Leasehold Improvements	-	3.69	3.13	2.53	6.84	5.38

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