Lemo Services 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	243.87	19.68	38.89	43.21
Short-Term Investments	60.18	52.95	-	-
Trading Asset Securities	48.29	-	15.75	20.52
Cash & Short-Term Investments	352.34	72.63	54.64	63.73
Cash Growth	385.09%	32.93%	-14.26%	-
Accounts Receivable	6.99	0.94	63.59	46.91
Other Receivables	18.99	21.57	-	-
Receivables	25.99	22.51	63.59	46.91
Inventory	7.97	5.57	6.2	5.41
Prepaid Expenses	-	2.18	-	-
Other Current Assets	104.47	99.84	76.23	39.46
Total Current Assets	490.78	202.74	200.66	155.5
Property, Plant & Equipment	199.59	245.04	184.62	94.68
Long-Term Investments	-	10.17	10.01	-
Other Intangible Assets	0.2	0.19	0.27	0.36
Long-Term Accounts Receivable	7.64	-	-	-
Long-Term Deferred Tax Assets	5.61	3.45	4.7	2.29
Other Long-Term Assets	10.43	11.11	5.55	4.66
Total Assets	714.25	472.69	405.81	257.49
Accounts Payable	45.6	74.81	63.09	22.49
Accrued Expenses	37.73	32.82	23.28	11.24
Current Portion of Long-Term Debt	54.53	43.48	42.43	18.27
Current Portion of Leases	3.97	6.08	8.43	4.68
Current Income Taxes Payable	8.83	5.21	9.12	2.95
Current Unearned Revenue	1.43	1.61	4.24	2.68
Other Current Liabilities	56.11	54.34	81.92	111.12
Total Current Liabilities	208.19	218.35	232.5	173.43
Long-Term Debt	-	11.4	13.7	-
Long-Term Leases	6.01	2.92	7.73	6.8
Total Liabilities	214.2	232.67	253.93	180.22
Common Stock	55.56	50	10.95	11.84
Additional Paid-In Capital	342.68	161.17	-	-
Retained Earnings	96.3	27.57	86.96	23.37
Comprehensive Income & Other	5.51	1.29	53.97	42.06
Shareholders' Equity	500.05	240.02	151.89	77.27
Total Liabilities & Equity	714.25	472.69	405.81	257.49
Total Debt	64.5	63.88	72.28	29.75
Net Cash (Debt)	287.84	8.76	-17.63	33.98
Net Cash Growth	3186.22%	-	-	-
Net Cash Per Share	5.84	0.18	-0.38	0.73
Filing Date Shares Outstanding	55.56	50	46.77	46.69
Total Common Shares Outstanding	55.56	50	46.77	46.69
Working Capital	282.59	-15.61	-31.84	-17.92
Book Value Per Share	9.00	4.80	3.25	1.65
Tangible Book Value	499.85	239.83	151.61	76.91
Tangible Book Value Per Share	9.00	4.80	3.24	1.65
Machinery	462.05	441.34	326.65	252.13
Construction In Progress	7.07	9.75	12.05	1.94
Leasehold Improvements	40.44	30.39	17.86	8.22

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