Daming Electronics 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
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
Cash & Equivalents	154.23	179.08	40.38	61.14	50.67
Trading Asset Securities	-	-	0.97	0.45	0.49
Cash & Short-Term Investments	154.23	179.08	41.35	61.59	51.15
Cash Growth	201.50%	333.11%	-32.87%	20.40%	-
Accounts Receivable	816.5	1,179	1,146	968.24	785.03
Other Receivables	121.79	2.76	1.53	0.93	4.32
Receivables	938.29	1,181	1,147	969.17	789.35
Inventory	545.38	541.7	487.61	387.93	398.87
Other Current Assets	25.19	13.53	4.36	16.6	11.64
Total Current Assets	1,663	1,916	1,680	1,435	1,251
Property, Plant & Equipment	1,046	1,025	767.48	521.88	416.55
Other Intangible Assets	146.49	148.07	147.32	92.12	81.34
Long-Term Deferred Tax Assets	29.47	27.16	40.2	33.6	27.37
Long-Term Deferred Charges	40.73	43.58	49.66	52.49	43.37
Other Long-Term Assets	20.55	16.26	30.7	20.29	19.19
Total Assets	2,946	3,175	2,716	2,156	1,839
Accounts Payable	474.65	588.04	553.33	526.32	489.32
Accrued Expenses	80.46	108.78	142.19	126.08	100.03
Short-Term Debt	170.55	174.35	371.86	260.09	189.21
Current Portion of Long-Term Debt	146.86	168.41	194.86	8.61	47.37
Current Portion of Leases	-	3.44	4.73	3.75	7.94
Current Income Taxes Payable	6.85	5.64	15.58	15.3	7.48
Current Unearned Revenue	38.02	40.09	45.24	57.51	40.23
Other Current Liabilities	81.04	165.86	129.07	75.86	119.46
Total Current Liabilities	998.43	1,255	1,457	1,074	1,001
Long-Term Debt	118.4	108.3	107.8	208.99	178.04
Long-Term Leases	6	6.95	7.21	6.91	2.1
Long-Term Unearned Revenue	49.64	50.79	41.25	42.93	46.2
Long-Term Deferred Tax Liabilities	3.16	0	4.74	5.48	6.67
Other Long-Term Liabilities	17.43	15.73	32.24	36.26	30.39
Total Liabilities	1,193	1,436	1,650	1,374	1,264
Common Stock	400	400	360	360	360
Additional Paid-In Capital	478.51	478.09	92.61	90.59	88.88
Retained Earnings	874.47	860.94	613.08	330.99	125.52
Comprehensive Income & Other	-0.08	-0.06	-	-	-
Shareholders' Equity	1,753	1,739	1,066	781.58	574.4
Total Liabilities & Equity	2,946	3,175	2,716	2,156	1,839
Total Debt	441.81	461.44	686.45	488.35	424.66
Net Cash (Debt)	-287.58	-282.37	-645.11	-426.76	-373.51
Net Cash Per Share	-0.74	-0.77	-1.78	-1.18	-1.09
Filing Date Shares Outstanding	400	400	360	360.47	342.41
Total Common Shares Outstanding	400	400	360	360.47	342.41
Working Capital	664.67	661.04	223.58	361.77	249.97
Book Value Per Share	4.38	4.35	2.96	2.17	1.68
Tangible Book Value	1,606	1,591	918.37	689.46	493.06
Tangible Book Value Per Share	4.02	3.98	2.55	1.91	1.44
Buildings	-	406.16	371.78	217.38	210.01
Machinery	-	834.31	664.58	507.37	395.11
Construction In Progress	-	307.82	132.48	107.4	45

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