LC Logistics 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	572.01	779.64	207.89	339.99	190.01	50.67
Trading Asset Securities	61.67	58.37	9.97	6.37	3.3	-
Cash & Short-Term Investments	633.67	838.01	217.86	346.36	193.31	50.67
Cash Growth	230.48%	284.66%	-37.10%	79.18%	281.51%	-
Accounts Receivable	143.1	107.61	89.26	149.14	311.29	117.31
Other Receivables	10.5	0.96	0.96	0.75	0.12	0.21
Receivables	153.6	108.56	90.22	149.89	311.41	117.52
Inventory	5.87	6.33	5.38	6.6	17.04	3.33
Prepaid Expenses	176.68	53.78	30.36	49.28	317.79	14.46
Other Current Assets	-	-	74.86	86.56	-	-
Total Current Assets	969.81	1,007	418.67	638.68	839.55	185.97
Property, Plant & Equipment	475.48	477.23	431.9	408.37	264.93	120.07
Long-Term Investments	30.77	2.39	2.44	2.57	5.67	6.36
Goodwill	8.57	8.57	8.57	8.57	8.57	8.57
Other Intangible Assets	1.45	1.67	1.87	2.13	2.25	2.83
Long-Term Deferred Tax Assets	0.84	0.43	1.18	3.01	2.81	2.63
Other Long-Term Assets	522.3	426.59	580.87	377.18	9.82	0.13
Total Assets	2,009	1,924	1,445	1,441	1,134	326.56
Accounts Payable	110.92	135.44	172.4	336.39	453.12	143.61
Accrued Expenses	-	7.09	6.06	12.02	12.8	3.47
Short-Term Debt	32.95	41.6	10	19.71	18.2	12.3
Current Portion of Long-Term Debt	15.48	15.86	41.27	17.51	52	18.63
Current Portion of Leases	32.43	30.21	4.58	3.4	2.92	2.85
Current Income Taxes Payable	0.28	0.8	0.02	1.26	16.57	3.59
Current Unearned Revenue	-	2.83	2.91	19.59	39.27	7.77
Other Current Liabilities	201.04	59.27	41.49	95.19	31.31	12.53
Total Current Liabilities	393.1	293.08	278.73	505.07	626.17	204.74
Long-Term Debt	19.64	27.2	-	39.42	22.94	13.53
Long-Term Leases	38.15	51.6	2.2	4.59	2.12	1.59
Long-Term Deferred Tax Liabilities	0.44	0.04	0.16	0.25	0.4	-
Total Liabilities	451.33	371.93	281.08	549.33	651.62	219.85
Common Stock	0.21	0.21	0.21	0.03	-	-
Additional Paid-In Capital	-	143.32	143.32	8.39	-	-
Retained Earnings	-	1,291	937.85	818.98	438.03	53.95
Comprehensive Income & Other	1,493	69.48	53.51	51.51	37.94	45.07
Total Common Equity	1,493	1,504	1,135	878.91	475.97	99.02
Minority Interest	64.46	47.88	29.51	12.27	5.99	7.69
Shareholders' Equity	1,558	1,552	1,164	891.18	481.97	106.71
Total Liabilities & Equity	2,009	1,924	1,445	1,441	1,134	326.56
Total Debt	138.66	166.47	58.04	84.63	98.17	48.88
Net Cash (Debt)	495.02	671.54	159.82	261.73	95.14	1.79
Net Cash Growth	553.84%	320.20%	-38.94%	175.10%	5217.94%	-
Net Cash Per Share	0.86	1.17	0.30	0.51	-	-
Filing Date Shares Outstanding	572.54	572.54	572.54	85.18	-	-
Total Common Shares Outstanding	572.54	572.54	572.54	85.18	-	-
Working Capital	576.71	713.59	139.94	133.61	213.38	-18.77
Book Value Per Share	2.61	2.63	1.98	10.32	-	-
Tangible Book Value	1,483	1,494	1,124	868.21	465.15	87.62
Tangible Book Value Per Share	2.59	2.61	1.96	10.19	-	-
Machinery	-	161.76	182.02	112.56	100.74	98.04

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.