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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	305.81	320.01	209.13	245.22	332.97	297.83
Cash & Short-Term Investments	305.81	320.01	209.13	245.22	332.97	297.83
Cash Growth	53.08%	53.02%	-14.72%	-26.35%	11.80%	-16.69%
Accounts Receivable	510.1	546.18	622.88	609.18	654.94	567.14
Other Receivables	3.53	3.3	36.04	2.18	5.17	4.1
Receivables	513.63	549.48	658.92	611.36	660.11	571.25
Inventory	266.06	227.46	254.83	250.35	273.75	286.52
Prepaid Expenses	-	-	0.55	0.14	-	-
Other Current Assets	13.77	11.55	37.7	20.74	15.67	13.51
Total Current Assets	1,099	1,109	1,161	1,128	1,282	1,169
Property, Plant & Equipment	717.2	726	570.07	642.85	622.35	525.99
Long-Term Investments	40.7	41.66	11.22	12.61	12.19	21.16
Goodwill	4.2	4.2	4.2	4.2	4.2	4.2
Other Intangible Assets	16.26	16.92	18.01	23.88	20.7	18
Long-Term Deferred Tax Assets	9.49	10.4	15.87	26.94	25.94	6.56
Long-Term Deferred Charges	70.38	74.49	87.74	78.51	23.68	19.67
Other Long-Term Assets	12.52	14.07	10.48	29.34	107.9	82.75
Total Assets	1,970	1,996	1,879	1,946	2,099	1,847
Accounts Payable	380.89	386.98	516	515.41	494.42	462.66
Accrued Expenses	42.85	65.12	65.72	65.91	64.25	58.4
Short-Term Debt	539.61	520.42	400.35	450.27	490.55	540.25
Current Portion of Long-Term Debt	-	0.12	240.26	30.25	26.25	-
Current Portion of Leases	-	252.72	23.5	50.29	37.49	20.86
Current Income Taxes Payable	-	0.35	1.56	1.56	1.56	1.56
Current Unearned Revenue	11.24	11.62	7.55	11.31	10.88	7.79
Other Current Liabilities	267.7	20.81	16.47	24.63	67.56	118.02
Total Current Liabilities	1,242	1,258	1,271	1,150	1,193	1,210
Long-Term Debt	136.31	149.43	43.93	253.58	234	-
Long-Term Leases	5.21	2.75	-	1.76	30.85	13.13
Long-Term Unearned Revenue	23.8	24.38	9.44	11.35	13.48	15.85
Long-Term Deferred Tax Liabilities	-	-	-	10.95	16.94	0.75
Total Liabilities	1,408	1,435	1,325	1,427	1,488	1,239
Common Stock	281.57	281.57	281.57	281.57	281.57	281.57
Additional Paid-In Capital	92.37	91.55	90.8	66.68	66.68	66.68
Retained Earnings	135.6	137.38	102.96	89.51	173.98	172.26
Comprehensive Income & Other	-0.16	-0.12	-0.08	-0.01	0.01	0.01
Total Common Equity	509.38	510.39	475.25	437.75	522.24	520.53
Minority Interest	53.03	51.18	78.68	81.12	88.97	87.64
Shareholders' Equity	562.41	561.56	553.93	518.87	611.22	608.17
Total Liabilities & Equity	1,970	1,996	1,879	1,946	2,099	1,847
Total Debt	681.13	925.43	708.04	786.15	819.15	574.23
Net Cash (Debt)	-375.32	-605.43	-498.91	-540.93	-486.18	-276.4
Net Cash Per Share	-1.43	-2.11	-1.86	-1.92	-2.82	-1.04
Filing Date Shares Outstanding	178.21	281.57	281.57	281.57	281.57	281.57
Total Common Shares Outstanding	178.21	281.57	281.57	281.57	281.57	281.57
Working Capital	-143.03	-149.63	-110.3	-21.81	89.53	-40.43
Book Value Per Share	2.86	1.81	1.69	1.55	1.85	1.85
Tangible Book Value	488.91	489.26	453.03	409.67	497.34	498.32
Tangible Book Value Per Share	2.74	1.74	1.61	1.45	1.77	1.77
Buildings	-	153.31	182.52	177.91	149.71	146.92
Machinery	-	1,032	1,103	1,092	994.59	906.78
Construction In Progress	-	3.64	3.55	10.13	15.54	1.81

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