Maiyue 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	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	25.98	40.5	47.81	62.6	49.16	56.12
Short-Term Investments	125.26	74.04	120.3	56.62	34.18	12.83
Cash & Short-Term Investments	151.25	114.53	168.1	119.22	83.34	68.95
Cash Growth	-4.04%	-31.87%	41.01%	43.05%	20.87%	-
Accounts Receivable	396.25	459.51	345.94	221.29	208.64	131.72
Other Receivables	5.78	5.79	6.14	6.09	0.06	13.91
Receivables	402.04	465.31	352.09	227.38	208.7	145.63
Inventory	6.69	4	2.96	4.46	2.29	3.35
Other Current Assets	0.5	0.88	0.01	98.94	0.08	-
Total Current Assets	560.47	584.72	523.16	450	294.4	217.93
Property, Plant & Equipment	9.89	9.93	11.17	10.94	106.15	40.54
Long-Term Investments	40.76	41.27	41.12	1.83	1.92	7.78
Other Intangible Assets	15.42	15.81	13.76	10.75	8.59	6.33
Long-Term Deferred Tax Assets	6.11	6.68	3.23	3.69	3.11	2.13
Other Long-Term Assets	32.24	32.62	7.7	5	-	-
Total Assets	664.89	691.03	600.13	482.21	414.18	274.7
Accounts Payable	51.99	75.39	43.55	46.45	59.99	51.9
Accrued Expenses	4.01	-	-	2.05	24.2	17.11
Short-Term Debt	-	-	-	-	-	8.02
Current Portion of Long-Term Debt	217.91	222.36	135.54	86.06	68.62	32.54
Current Portion of Leases	0.44	0.44	1.27	0.42	1.13	0.77
Current Income Taxes Payable	0.25	1.46	3.74	5.17	8.54	9.04
Current Unearned Revenue	2.42	1.35	0.62	3.02	0.94	0.6
Other Current Liabilities	58.2	69.25	46.07	85.55	65.44	15.75
Total Current Liabilities	335.21	370.25	230.8	228.71	228.86	135.72
Long-Term Debt	20.2	-	47.6	71.87	51.61	53.52
Long-Term Leases	0.38	0.54	0.22	0.13	-	0.57
Long-Term Unearned Revenue	0.56	0.89	2.81	2.06	2.38	1.35
Total Liabilities	356.35	371.67	281.42	302.77	282.86	191.16
Common Stock	4.59	4.59	4.59	-	-	-
Additional Paid-In Capital	114.79	114.79	114.79	-	-	-
Retained Earnings	227.11	237.65	237.22	214.34	165.57	119.59
Comprehensive Income & Other	-38.98	-38.84	-39.62	-36.87	-35.93	-36.05
Total Common Equity	307.51	318.2	316.98	177.47	129.64	83.54
Minority Interest	1.04	1.17	1.74	1.97	1.69	-
Shareholders' Equity	308.55	319.36	318.71	179.44	131.32	83.54
Total Liabilities & Equity	664.89	691.03	600.13	482.21	414.18	274.7
Total Debt	238.93	223.34	184.63	158.48	121.36	95.42
Net Cash (Debt)	-87.68	-108.81	-16.52	-39.26	-38.02	-26.47
Net Cash Per Share	-0.18	-0.22	-0.04	-0.10	-0.10	-0.07
Filing Date Shares Outstanding	500	500	500	375	375	375
Total Common Shares Outstanding	500	500	500	375	375	375
Working Capital	225.27	214.47	292.36	221.29	65.54	82.2
Book Value Per Share	0.62	0.64	0.63	0.47	0.35	0.22
Tangible Book Value	292.09	302.39	303.22	166.72	121.04	77.21
Tangible Book Value Per Share	0.58	0.60	0.61	0.44	0.32	0.21
Land	-	-	-	-	9.43	9.43
Buildings	-	9.08	9.08	9.08	9.08	9.08
Machinery	-	4.49	4.65	4.05	3.13	3.02
Construction In Progress	-	-	-	-	87.22	20.47

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