Linhai 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	126.27	205.93	195.69	240.83	117.68	182.46
Short-Term Investments	30	100	180	80	100	-
Trading Asset Securities	-	-	0.02	-	-	-
Cash & Short-Term Investments	156.27	305.93	375.71	320.83	217.68	182.46
Cash Growth	-31.17%	-18.57%	17.11%	47.38%	19.30%	-2.56%
Accounts Receivable	333.73	247.31	208.48	153.48	173.19	143.03
Other Receivables	4.77	4.39	3.12	1.91	2.77	1.75
Receivables	338.5	251.7	211.6	155.39	175.96	144.79
Inventory	152.88	130.47	143.36	129.06	172.19	149.86
Other Current Assets	112.8	30.02	14.15	18.06	21.24	44.68
Total Current Assets	760.45	718.12	744.82	623.34	587.08	521.79
Property, Plant & Equipment	124.19	126.3	127.27	106.69	85.74	88.21
Long-Term Investments	327.48	257.48	106.71	65.66	44.82	23.97
Other Intangible Assets	17.3	17.44	18.04	18.77	19.93	21.08
Long-Term Deferred Tax Assets	12.25	12.25	10.28	6.58	4.85	3.4
Long-Term Deferred Charges	0.45	0.51	0.84	1.36	1.15	1.02
Other Long-Term Assets	21.94	22.3	23.25	25.01	26.78	28.24
Total Assets	1,264	1,154	1,031	847.41	770.34	687.72
Accounts Payable	588.99	495.58	333.47	244.41	191.73	150.49
Accrued Expenses	11.27	25.48	6.22	0.67	2.91	2.02
Short-Term Debt	-	-	-	-	30.03	-
Current Portion of Long-Term Debt	-	-	30.03	-	-	-
Current Income Taxes Payable	2.35	2.08	3.08	0.82	2.91	1.66
Current Unearned Revenue	58.55	50.01	107.95	44.2	26	33.38
Other Current Liabilities	32.53	16.24	18.71	12.32	8.72	4.14
Total Current Liabilities	693.69	589.39	499.46	302.41	262.29	191.69
Long-Term Debt	-	-	-	30	-	-
Long-Term Unearned Revenue	1.35	1.35	-	-	-	-
Long-Term Deferred Tax Liabilities	-	-	2.52	2.25	2.04	1.86
Other Long-Term Liabilities	18.02	17.3	4.38	3.02	3.66	1.78
Total Liabilities	713.06	608.04	506.35	337.69	267.99	195.33
Common Stock	219.12	219.12	219.12	219.12	219.12	219.12
Additional Paid-In Capital	202.74	202.74	202.74	202.74	202.74	202.74
Retained Earnings	116.72	112.56	94.56	80.95	74.2	64.88
Comprehensive Income & Other	12.41	11.95	8.44	6.91	6.29	5.65
Shareholders' Equity	550.99	546.37	524.86	509.72	502.34	492.38
Total Liabilities & Equity	1,264	1,154	1,031	847.41	770.34	687.72
Total Debt	-	-	30.03	30	30.03	-
Net Cash (Debt)	156.27	305.93	345.68	290.82	187.65	182.46
Net Cash Growth	-20.69%	-11.50%	18.86%	54.98%	2.84%	-2.56%
Net Cash Per Share	0.71	1.40	1.58	1.33	0.87	0.82
Filing Date Shares Outstanding	219.12	219.12	219.12	219.12	219.12	219.12
Total Common Shares Outstanding	219.12	219.12	219.12	219.12	219.12	219.12
Working Capital	66.76	128.73	245.36	320.92	324.79	330.1
Book Value Per Share	2.51	2.49	2.40	2.33	2.29	2.25
Tangible Book Value	533.69	528.92	506.82	490.94	482.42	471.3
Tangible Book Value Per Share	2.44	2.41	2.31	2.24	2.20	2.15
Buildings	-	105.25	104.78	84.94	84.94	84.25
Machinery	-	159.84	150.57	148.8	128.87	131.5
Construction In Progress	-	3.99	2.69	7.8	-	-

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