Maiyue 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	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	58.96	40.5	47.81	62.6	49.16
Short-Term Investments	75.04	74.04	120.3	56.62	34.18
Cash & Short-Term Investments	134	114.53	168.1	119.22	83.34
Cash Growth	17.00%	-31.87%	41.01%	43.05%	20.87%
Accounts Receivable	571.3	459.51	345.94	221.29	208.64
Other Receivables	0.6	5.79	6.14	6.09	0.06
Receivables	571.89	465.31	352.09	227.38	208.7
Inventory	2.97	4	2.96	4.46	2.29
Other Current Assets	0	0.88	0.01	98.94	0.08
Total Current Assets	708.86	584.72	523.16	450	294.4
Property, Plant & Equipment	19.76	9.93	11.17	10.94	106.15
Long-Term Investments	33.34	41.27	41.12	1.83	1.92
Other Intangible Assets	19.97	15.81	13.76	10.75	8.59
Long-Term Deferred Tax Assets	10.16	6.68	3.23	3.69	3.11
Other Long-Term Assets	9.38	32.62	7.7	5	-
Total Assets	801.47	691.03	600.13	482.21	414.18
Accounts Payable	167.96	75.39	43.55	46.45	59.99
Accrued Expenses	79.01	-	-	2.05	24.2
Current Portion of Long-Term Debt	189.57	222.36	135.54	86.06	68.62
Current Portion of Leases	0.78	0.44	1.27	0.42	1.13
Current Income Taxes Payable	4.22	1.46	3.74	5.17	8.54
Current Unearned Revenue	1.95	1.35	0.62	3.02	0.94
Other Current Liabilities	15.02	69.25	46.07	85.55	65.44
Total Current Liabilities	458.5	370.25	230.8	228.71	228.86
Long-Term Debt	21.29	-	47.6	71.87	51.61
Long-Term Leases	1.23	0.54	0.22	0.13	-
Long-Term Unearned Revenue	2.73	0.89	2.81	2.06	2.38
Total Liabilities	483.76	371.67	281.42	302.77	282.86
Common Stock	4.59	4.59	4.59	-	-
Additional Paid-In Capital	-	114.79	114.79	-	-
Retained Earnings	-	237.65	237.22	214.34	165.57
Comprehensive Income & Other	313.12	-38.84	-39.62	-36.87	-35.93
Total Common Equity	317.71	318.2	316.98	177.47	129.64
Minority Interest	-	1.17	1.74	1.97	1.69
Shareholders' Equity	317.71	319.36	318.71	179.44	131.32
Total Liabilities & Equity	801.47	691.03	600.13	482.21	414.18
Total Debt	212.87	223.34	184.63	158.48	121.36
Net Cash (Debt)	-78.87	-108.81	-16.52	-39.26	-38.02
Net Cash Per Share	-0.16	-0.22	-0.04	-0.10	-0.10
Filing Date Shares Outstanding	500	500	500	375	375
Total Common Shares Outstanding	500	500	500	375	375
Working Capital	250.36	214.47	292.36	221.29	65.54
Book Value Per Share	0.64	0.64	0.63	0.47	0.35
Tangible Book Value	297.75	302.39	303.22	166.72	121.04
Tangible Book Value Per Share	0.60	0.60	0.61	0.44	0.32
Land	-	-	-	-	9.43
Buildings	-	9.08	9.08	9.08	9.08
Machinery	-	4.49	4.65	4.05	3.13
Construction In Progress	-	-	-	-	87.22

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