Xinhua Lande Scitech 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	9.81	15.59	15.31	23.02	41.81	28.25
Short-Term Investments	-	2.61	2.64	2.77	2.09	0.8
Trading Asset Securities	-	-	-	18.04	27.61	25.5
Cash & Short-Term Investments	9.81	18.2	17.95	43.83	71.52	54.55
Cash Growth	-37.04%	1.42%	-59.06%	-38.71%	31.11%	12.52%
Accounts Receivable	101.98	80.92	44.66	58.52	67.5	55.75
Other Receivables	-	1.76	1.44	0.3	0.71	0.2
Receivables	101.98	82.69	46.1	58.82	68.21	55.94
Inventory	13.39	6.15	17.11	7.3	11.18	8.64
Other Current Assets	3.94	0.9	1.48	1.68	7.25	9.07
Total Current Assets	129.13	107.93	82.63	111.62	158.15	128.2
Property, Plant & Equipment	1.63	1.93	2.66	3.03	13.65	3.8
Long-Term Investments	-	-	-	-	-	6.76
Goodwill	-	-	-	1.86	2.27	1.86
Other Intangible Assets	-	-	-	0.03	0.34	0.63
Long-Term Deferred Tax Assets	0.57	0.29	0.26	0.93	0.77	0.59
Other Long-Term Assets	-	-	-	-	0.29	0.85
Total Assets	131.33	110.14	87.15	124.32	175.47	142.68
Accounts Payable	45.14	25.96	15.54	12.08	26.17	15.99
Accrued Expenses	-	7.27	4.37	4.58	10.94	6.24
Short-Term Debt	28.48	28.83	11.96	10	8	-
Current Portion of Leases	-	-	-	-	3.38	2.19
Current Income Taxes Payable	-	-	-	-	0.55	0.03
Current Unearned Revenue	0.18	0.35	1.04	0.64	0.42	4.86
Other Current Liabilities	9.84	-	-	-	15.83	-
Total Current Liabilities	83.64	62.41	32.9	27.3	65.28	29.31
Long-Term Leases	-	-	-	-	4.71	0.85
Total Liabilities	83.64	62.41	32.9	27.3	69.99	30.16
Common Stock	50.66	50.66	50.66	50.66	50.66	50.66
Additional Paid-In Capital	101.34	101.34	101.34	101.34	101.34	101.34
Retained Earnings	-104.3	-104.26	-97.75	-54.98	-38.81	-39.47
Total Common Equity	47.69	47.74	54.24	97.01	113.18	112.52
Minority Interest	-	-	-	-	-7.71	-
Shareholders' Equity	47.69	47.74	54.24	97.01	105.48	112.52
Total Liabilities & Equity	131.33	110.14	87.15	124.32	175.47	142.68
Total Debt	28.48	28.83	11.96	10	16.09	3.04
Net Cash (Debt)	-18.67	-10.63	5.99	33.83	55.43	51.51
Net Cash Growth	-	-	-82.31%	-38.96%	7.61%	34.86%
Net Cash Per Share	-0.04	-0.02	0.01	0.07	0.11	0.10
Filing Date Shares Outstanding	506.55	506.55	506.55	506.55	506.55	506.55
Total Common Shares Outstanding	506.55	506.55	506.55	506.55	506.55	506.55
Working Capital	45.49	45.52	49.73	84.32	92.87	98.89
Book Value Per Share	0.09	0.09	0.11	0.19	0.22	0.22
Tangible Book Value	47.69	47.74	54.24	95.13	110.57	110.04
Tangible Book Value Per Share	0.09	0.09	0.11	0.19	0.22	0.22
Machinery	-	4.58	4.75	5.69	4	2.56
Leasehold Improvements	-	1.12	1.12	1.12	4.64	1.21

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