Phenix Optical Company 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	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	192.35	209.13	245.22	332.97	297.83	357.51
Cash & Short-Term Investments	192.35	209.13	245.22	332.97	297.83	357.51
Cash Growth	32.04%	-14.72%	-26.35%	11.80%	-16.69%	-14.11%
Accounts Receivable	534.32	622.88	609.18	654.94	567.14	480.6
Other Receivables	3.77	36.04	2.18	5.17	4.1	4.01
Receivables	538.09	658.92	611.36	660.11	571.25	484.6
Inventory	233.84	254.83	250.35	273.75	286.52	212.25
Prepaid Expenses	-	0.55	0.14	-	-	-
Other Current Assets	15.6	37.7	20.74	15.67	13.51	13.72
Total Current Assets	979.88	1,161	1,128	1,282	1,169	1,068
Property, Plant & Equipment	486.81	570.07	642.85	622.35	525.99	450.08
Long-Term Investments	37.65	11.22	12.61	12.19	21.16	21.52
Goodwill	4.2	4.2	4.2	4.2	4.2	4.2
Other Intangible Assets	16.45	18.01	23.88	20.7	18	16.07
Long-Term Deferred Tax Assets	9.58	15.87	26.94	25.94	6.56	6.3
Long-Term Deferred Charges	78.79	87.74	78.51	23.68	19.67	21.35
Other Long-Term Assets	12.16	10.48	29.34	107.9	82.75	105.65
Total Assets	1,626	1,879	1,946	2,099	1,847	1,693
Accounts Payable	406.39	516	515.41	494.42	462.66	407.38
Accrued Expenses	48.59	65.72	65.91	64.25	58.4	51
Short-Term Debt	459.31	400.35	450.27	490.55	540.25	503.67
Current Portion of Long-Term Debt	0.92	240.26	30.25	26.25	-	-
Current Portion of Leases	-	23.5	50.29	37.49	20.86	-
Current Income Taxes Payable	6.32	1.56	1.56	1.56	1.56	1.56
Current Unearned Revenue	10.61	7.55	11.31	10.88	7.79	3.47
Other Current Liabilities	14.06	16.47	24.63	67.56	118.02	107.21
Total Current Liabilities	946.2	1,271	1,150	1,193	1,210	1,074
Long-Term Debt	113.92	43.93	253.58	234	-	-
Long-Term Leases	3.26	-	1.76	30.85	13.13	4.88
Long-Term Unearned Revenue	8	9.44	11.35	13.48	15.85	18.22
Long-Term Deferred Tax Liabilities	-	-	10.95	16.94	0.75	0.84
Total Liabilities	1,071	1,325	1,427	1,488	1,239	1,098
Common Stock	281.57	281.57	281.57	281.57	281.57	281.57
Additional Paid-In Capital	89.99	90.8	66.68	66.68	66.68	66.68
Retained Earnings	132.37	102.96	89.51	173.98	172.26	161.66
Comprehensive Income & Other	-0.05	-0.08	-0.01	0.01	0.01	0.12
Total Common Equity	503.88	475.25	437.75	522.24	520.53	510.04
Minority Interest	50.27	78.68	81.12	88.97	87.64	84.99
Shareholders' Equity	554.15	553.93	518.87	611.22	608.17	595.03
Total Liabilities & Equity	1,626	1,879	1,946	2,099	1,847	1,693
Total Debt	577.42	708.04	786.15	819.15	574.23	508.55
Net Cash (Debt)	-385.07	-498.91	-540.93	-486.18	-276.4	-151.04
Net Cash Per Share	-1.43	-1.86	-1.92	-2.82	-1.04	-0.53
Filing Date Shares Outstanding	281.57	281.57	281.57	281.57	281.57	281.57
Total Common Shares Outstanding	281.57	281.57	281.57	281.57	281.57	281.57
Working Capital	33.68	-110.3	-21.81	89.53	-40.43	-6.2
Book Value Per Share	1.79	1.69	1.55	1.85	1.85	1.81
Tangible Book Value	483.22	453.03	409.67	497.34	498.32	489.76
Tangible Book Value Per Share	1.72	1.61	1.45	1.77	1.77	1.74
Buildings	-	182.52	177.91	149.71	146.92	-
Machinery	-	1,103	1,092	994.59	906.78	-
Construction In Progress	-	3.55	10.13	15.54	1.81	-

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