Phenix Optical Company 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	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	320.01	209.13	245.22	332.97	297.83
Cash & Short-Term Investments	320.01	209.13	245.22	332.97	297.83
Cash Growth	53.02%	-14.72%	-26.35%	11.80%	-16.69%
Accounts Receivable	546.18	622.88	609.18	654.94	567.14
Other Receivables	3.3	36.04	2.18	5.17	4.1
Receivables	549.48	658.92	611.36	660.11	571.25
Inventory	227.46	254.83	250.35	273.75	286.52
Prepaid Expenses	-	0.55	0.14	-	-
Other Current Assets	11.55	37.7	20.74	15.67	13.51
Total Current Assets	1,109	1,161	1,128	1,282	1,169
Property, Plant & Equipment	726.07	570.07	642.85	622.35	525.99
Long-Term Investments	41.66	11.22	12.61	12.19	21.16
Goodwill	4.2	4.2	4.2	4.2	4.2
Other Intangible Assets	16.92	18.01	23.88	20.7	18
Long-Term Deferred Tax Assets	10.4	15.87	26.94	25.94	6.56
Long-Term Deferred Charges	74.49	87.74	78.51	23.68	19.67
Other Long-Term Assets	13.99	10.48	29.34	107.9	82.75
Total Assets	1,996	1,879	1,946	2,099	1,847
Accounts Payable	386.98	516	515.41	494.42	462.66
Accrued Expenses	66.82	65.72	65.91	64.25	58.4
Short-Term Debt	520.42	400.35	450.27	490.55	540.25
Current Portion of Long-Term Debt	-	240.26	30.25	26.25	-
Current Portion of Leases	-	23.5	50.29	37.49	20.86
Current Income Taxes Payable	-	1.56	1.56	1.56	1.56
Current Unearned Revenue	11.62	7.55	11.31	10.88	7.79
Other Current Liabilities	272.3	16.47	24.63	67.56	118.02
Total Current Liabilities	1,258	1,271	1,150	1,193	1,210
Long-Term Debt	149.43	43.93	253.58	234	-
Long-Term Leases	2.75	-	1.76	30.85	13.13
Long-Term Unearned Revenue	24.38	9.44	11.35	13.48	15.85
Long-Term Deferred Tax Liabilities	-	-	10.95	16.94	0.75
Total Liabilities	1,435	1,325	1,427	1,488	1,239
Common Stock	281.57	281.57	281.57	281.57	281.57
Additional Paid-In Capital	91.55	90.8	66.68	66.68	66.68
Retained Earnings	137.38	102.96	89.51	173.98	172.26
Comprehensive Income & Other	-0.12	-0.08	-0.01	0.01	0.01
Total Common Equity	510.39	475.25	437.75	522.24	520.53
Minority Interest	51.18	78.68	81.12	88.97	87.64
Shareholders' Equity	561.56	553.93	518.87	611.22	608.17
Total Liabilities & Equity	1,996	1,879	1,946	2,099	1,847
Total Debt	672.59	708.04	786.15	819.15	574.23
Net Cash (Debt)	-352.59	-498.91	-540.93	-486.18	-276.4
Net Cash Per Share	-1.23	-1.86	-1.92	-2.82	-1.04
Filing Date Shares Outstanding	302.29	281.57	281.57	281.57	281.57
Total Common Shares Outstanding	302.29	281.57	281.57	281.57	281.57
Working Capital	-149.63	-110.3	-21.81	89.53	-40.43
Book Value Per Share	1.69	1.69	1.55	1.85	1.85
Tangible Book Value	489.26	453.03	409.67	497.34	498.32
Tangible Book Value Per Share	1.62	1.61	1.45	1.77	1.77
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

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