Xinhua Lande Scitech 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	25.23	15.59	15.31	23.02	41.81
Short-Term Investments	1.66	2.61	2.64	2.77	2.09
Trading Asset Securities	-	-	-	18.04	27.61
Cash & Short-Term Investments	26.89	18.2	17.95	43.83	71.52
Cash Growth	47.75%	1.42%	-59.06%	-38.71%	31.11%
Accounts Receivable	73.09	80.92	44.66	58.52	67.5
Other Receivables	2.42	1.76	1.44	0.3	0.71
Receivables	75.51	82.69	46.1	58.82	68.21
Inventory	13.43	6.15	17.11	7.3	11.18
Other Current Assets	0.89	0.9	1.48	1.68	7.25
Total Current Assets	116.71	107.93	82.63	111.62	158.15
Property, Plant & Equipment	1.91	1.93	2.66	3.03	13.65
Goodwill	-	-	-	1.86	2.27
Other Intangible Assets	-	-	-	0.03	0.34
Long-Term Deferred Tax Assets	0.24	0.29	0.26	0.93	0.77
Other Long-Term Assets	-	-	-	-	0.29
Total Assets	118.87	110.14	87.15	124.32	175.47
Accounts Payable	22.71	25.96	15.54	12.08	26.17
Accrued Expenses	8.51	7.27	4.37	4.58	10.94
Short-Term Debt	34.51	28.83	11.96	10	8
Current Portion of Leases	0.19	-	-	-	3.38
Current Income Taxes Payable	0.76	-	-	-	0.55
Current Unearned Revenue	2.99	0.35	1.04	0.64	0.42
Other Current Liabilities	-	-	-	-	15.83
Total Current Liabilities	69.67	62.41	32.9	27.3	65.28
Long-Term Leases	0.33	-	-	-	4.71
Total Liabilities	70	62.41	32.9	27.3	69.99
Common Stock	50.66	50.66	50.66	50.66	50.66
Additional Paid-In Capital	101.34	101.34	101.34	101.34	101.34
Retained Earnings	-103.17	-104.26	-97.75	-54.98	-38.81
Comprehensive Income & Other	0.05	-	-	-	-
Total Common Equity	48.87	47.74	54.24	97.01	113.18
Minority Interest	-	-	-	-	-7.71
Shareholders' Equity	48.87	47.74	54.24	97.01	105.48
Total Liabilities & Equity	118.87	110.14	87.15	124.32	175.47
Total Debt	35.03	28.83	11.96	10	16.09
Net Cash (Debt)	-8.14	-10.63	5.99	33.83	55.43
Net Cash Growth	-	-	-82.31%	-38.96%	7.61%
Net Cash Per Share	-0.02	-0.02	0.01	0.07	0.11
Filing Date Shares Outstanding	506.55	506.55	506.55	506.55	506.55
Total Common Shares Outstanding	506.55	506.55	506.55	506.55	506.55
Working Capital	47.04	45.52	49.73	84.32	92.87
Book Value Per Share	0.10	0.09	0.11	0.19	0.22
Tangible Book Value	48.87	47.74	54.24	95.13	110.57
Tangible Book Value Per Share	0.10	0.09	0.11	0.19	0.22
Machinery	4.31	4.58	4.75	5.69	4
Leasehold Improvements	1.12	1.12	1.12	1.12	4.64

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