Lanpec Technologies 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	296.07	220.62	247.01	280.72	221.24
Trading Asset Securities	1.61	1.38	1.46	1.49	1.97
Cash & Short-Term Investments	297.68	222	248.47	282.21	223.21
Cash Growth	34.09%	-10.66%	-11.95%	26.43%	-26.09%
Accounts Receivable	725.88	602.81	928.63	903.72	1,023
Other Receivables	9.34	11.95	31.82	61.48	13.82
Receivables	735.22	614.76	960.45	965.2	1,037
Inventory	628.26	487.63	480.15	545.3	499.88
Prepaid Expenses	-	-	-	0	-
Other Current Assets	76.6	63.93	32.19	73.61	84.73
Total Current Assets	1,738	1,388	1,721	1,866	1,845
Property, Plant & Equipment	502.65	517.05	566.86	615.11	671.03
Long-Term Investments	226.86	161.43	151	148.32	263.85
Other Intangible Assets	78.99	84.4	89.9	95.44	101.02
Long-Term Deferred Tax Assets	56.36	56.55	57.61	56.94	47.07
Other Long-Term Assets	0.89	60.16	68.69	68.43	0.65
Total Assets	2,604	2,268	2,655	2,851	2,928
Accounts Payable	352.05	215.3	463.47	450.7	395.73
Accrued Expenses	32.25	45.26	51.99	59.46	70.16
Short-Term Debt	228.91	250.23	443.41	415.55	398.79
Current Portion of Long-Term Debt	0.02	0.05	0.05	87.16	2.14
Current Portion of Leases	-	-	0.06	0.06	0.06
Current Income Taxes Payable	8.32	0.12	1.88	0.72	0.19
Current Unearned Revenue	538.87	342.93	225.14	257.92	227.93
Other Current Liabilities	107.86	103.5	105.62	109.51	90.8
Total Current Liabilities	1,268	957.39	1,292	1,381	1,186
Long-Term Debt	30	40	40	-	87
Long-Term Leases	-	-	0.22	0.27	0.31
Long-Term Unearned Revenue	9.81	20.26	26.1	32.27	37.48
Long-Term Deferred Tax Liabilities	-	-	0.24	0.14	-
Total Liabilities	1,308	1,018	1,358	1,414	1,311
Common Stock	354.53	354.53	354.53	354.53	354.53
Additional Paid-In Capital	1,040	1,040	996.96	996.96	996.96
Retained Earnings	-118.17	-166.81	-78.41	61.21	245.39
Comprehensive Income & Other	5.38	9.41	11.86	12.86	10.02
Total Common Equity	1,282	1,237	1,285	1,426	1,607
Minority Interest	13.81	13.27	12.2	11.25	10.72
Shareholders' Equity	1,295	1,250	1,297	1,437	1,618
Total Liabilities & Equity	2,604	2,268	2,655	2,851	2,928
Total Debt	258.94	290.28	483.74	503.04	488.31
Net Cash (Debt)	38.75	-68.28	-235.26	-220.83	-265.1
Net Cash Per Share	0.11	-0.19	-0.66	-0.62	-0.75
Filing Date Shares Outstanding	326.57	354.53	354.53	354.53	354.53
Total Common Shares Outstanding	326.57	354.53	354.53	354.53	354.53
Working Capital	469.47	430.93	429.65	485.24	658.79
Book Value Per Share	3.92	3.49	3.62	4.02	4.53
Tangible Book Value	1,203	1,153	1,195	1,330	1,506
Tangible Book Value Per Share	3.68	3.25	3.37	3.75	4.25
Buildings	-	772.74	770.9	769.25	769.25
Machinery	-	538.24	566.5	576.35	572.81
Construction In Progress	-	0.1	-	1.01	2.25

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