Luenmei Quantum Co.,Ltd 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	6,607	7,448	7,479	7,999	7,903	5,462
Trading Asset Securities	369.9	275.68	219.29	50.28	56.04	110.53
Cash & Short-Term Investments	6,977	7,724	7,698	8,049	7,960	5,573
Cash Growth	-8.57%	0.33%	-4.36%	1.13%	42.83%	-8.39%
Accounts Receivable	1,043	1,098	1,038	867.21	836.94	738.63
Other Receivables	110.03	100.6	171.24	133.59	103.19	166.26
Receivables	1,153	1,199	1,209	1,001	940.13	904.89
Inventory	120.39	335.3	317.53	291.41	296.36	293.04
Other Current Assets	576.92	573.08	499.93	498.14	409.72	455.89
Total Current Assets	8,828	9,831	9,725	9,840	9,606	7,226
Property, Plant & Equipment	3,894	4,040	4,688	5,042	4,339	3,841
Long-Term Investments	2,522	2,571	1,918	1,848	1,951	1,905
Goodwill	32.23	32.23	32.23	71.79	57.54	39.56
Other Intangible Assets	640.75	643.31	638.11	645.86	599.26	297.79
Long-Term Deferred Tax Assets	110.74	107.42	77.41	59.89	47.58	42.75
Long-Term Deferred Charges	18.1	13.79	14.36	14.35	16.25	15.97
Other Long-Term Assets	112.14	112.89	125.21	124.07	119.37	122.85
Total Assets	16,157	17,352	17,219	17,646	16,736	13,492
Accounts Payable	427.96	465.12	585.46	467.23	360.88	381.07
Accrued Expenses	13.36	27.33	28.26	39.04	34.37	43.59
Short-Term Debt	1,035	1,528	1,510	1,540	1,684	1,310
Current Portion of Long-Term Debt	362.76	-	-	-	-	-
Current Portion of Leases	-	358.83	369.9	332.27	194.67	188.04
Current Income Taxes Payable	205.1	82.55	96.85	86.64	70.17	81.72
Current Unearned Revenue	281.29	1,433	1,444	1,431	1,350	1,152
Other Current Liabilities	110.37	115.62	123.63	136.45	115.39	104.45
Total Current Liabilities	2,435	4,011	4,158	4,033	3,810	3,261
Long-Term Debt	42.61	45.54	50.01	57.58	63.44	70.75
Long-Term Leases	553.06	612.47	945.05	1,038	436.37	136.08
Long-Term Unearned Revenue	211.55	249.85	397.67	577.57	797.62	992.34
Long-Term Deferred Tax Liabilities	128.47	137.61	44.36	45.82	63.08	65.3
Total Liabilities	3,371	5,056	5,595	5,753	5,170	4,526
Common Stock	2,263	2,263	2,288	2,288	2,288	2,288
Additional Paid-In Capital	1,773	1,784	2,061	2,061	1,941	743.78
Retained Earnings	7,540	7,007	6,766	6,821	6,437	5,785
Treasury Stock	-199.97	-199.97	-450.08	-255.1	-250.11	-250.11
Comprehensive Income & Other	599	633.04	121.82	120.23	156.14	155.87
Total Common Equity	11,974	11,487	10,787	11,035	10,572	8,723
Minority Interest	811.51	808.5	837.11	857.86	993.85	243.57
Shareholders' Equity	12,786	12,295	11,624	11,893	11,566	8,966
Total Liabilities & Equity	16,157	17,352	17,219	17,646	16,736	13,492
Total Debt	1,993	2,545	2,875	2,968	2,379	1,705
Net Cash (Debt)	4,984	5,179	4,823	5,081	5,581	3,868
Net Cash Growth	12.75%	7.38%	-5.07%	-8.96%	44.30%	-14.48%
Net Cash Per Share	2.24	2.33	2.15	2.25	2.47	1.71
Filing Date Shares Outstanding	2,224	2,225	2,225	2,259	2,263	2,263
Total Common Shares Outstanding	2,224	2,225	2,225	2,259	2,263	2,263
Working Capital	6,392	5,820	5,568	5,807	5,796	3,965
Book Value Per Share	5.38	5.16	4.85	4.88	4.67	3.85
Tangible Book Value	11,301	10,811	10,117	10,318	9,915	8,385
Tangible Book Value Per Share	5.08	4.86	4.55	4.57	4.38	3.71
Buildings	-	-	-	1,285	1,223	1,099
Machinery	-	6,189	6,096	6,036	5,779	5,244
Construction In Progress	-	75.4	94.88	80.13	75.73	171.02

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