Lesi 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	106.35	149.42	76.85	59.2	55.91	25.9
Cash & Short-Term Investments	106.35	149.42	76.85	59.2	55.91	25.9
Cash Growth	13.01%	94.44%	29.82%	5.88%	115.89%	-
Accounts Receivable	721.49	451.81	155.27	157.83	183.03	176.07
Other Receivables	1.01	3.72	22.18	8.58	9.85	5.68
Receivables	722.5	455.53	177.45	166.41	192.88	181.75
Other Current Assets	113.39	205.96	329.59	273.49	211.14	173.94
Total Current Assets	942.24	810.91	583.89	499.09	459.92	381.58
Property, Plant & Equipment	33.99	4.35	1.36	3.34	4.22	1.39
Long-Term Deferred Tax Assets	0.48	0.4	0.13	0.19	0.7	0.1
Total Assets	976.98	815.66	585.37	502.63	464.84	383.06
Accounts Payable	114.71	84.33	25.97	44.48	46.38	27.45
Accrued Expenses	20.5	22.12	22.16	21.57	18.01	15.43
Current Portion of Long-Term Debt	91.92	36.66	57.5	33.18	39.88	47.68
Current Portion of Leases	6.06	2.66	0.58	2.28	1.61	0.65
Current Income Taxes Payable	5.26	5.4	4.79	5.76	4.07	2.15
Current Unearned Revenue	21.32	8.81	5	6.39	16.14	13.42
Other Current Liabilities	65.69	42.5	43.19	26.14	42.41	39.87
Total Current Liabilities	325.46	202.48	159.19	139.8	168.49	146.65
Long-Term Leases	25.87	0.64	-	0.57	2.07	0.06
Long-Term Deferred Tax Liabilities	0.47	0.53	0.49	0.48	0.74	0.3
Total Liabilities	354.6	203.65	159.68	140.85	171.3	147.01
Common Stock	3.54	3.54	0.13	0.13	5.8	5.8
Additional Paid-In Capital	107.67	107.67	1.24	1.24	-	-
Retained Earnings	484.12	473.47	400.98	335.75	268.46	210.97
Comprehensive Income & Other	27.05	27.34	21.41	23.4	19.29	19.29
Total Common Equity	622.38	612.02	423.76	360.52	293.54	236.06
Minority Interest	-	-	1.93	1.26	-	-
Shareholders' Equity	622.38	612.02	425.69	361.77	293.54	236.06
Total Liabilities & Equity	976.98	815.66	585.37	502.63	464.84	383.06
Total Debt	126.66	39.96	58.08	36.03	43.55	48.39
Net Cash (Debt)	-20.31	109.46	18.77	23.16	12.35	-22.49
Net Cash Growth	-	483.13%	-18.95%	87.48%	-	-
Net Cash Per Share	-0.04	0.23	0.05	0.06	0.03	-0.06
Filing Date Shares Outstanding	500	500	375	375	375	375
Total Common Shares Outstanding	500	500	375	375	375	375
Working Capital	616.78	608.44	424.7	359.29	291.43	234.93
Book Value Per Share	1.24	1.22	1.13	0.96	0.78	0.63
Tangible Book Value	622.11	612.02	423.76	360.52	293.54	236.06
Tangible Book Value Per Share	1.24	1.22	1.13	0.96	0.78	0.63
Machinery	-	1.69	1.63	1.81	1.88	1.6

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