UE Furniture 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	1,018	1,002	1,035	663.94	688.49	404.46
Trading Asset Securities	-	-	-	0	-	4.35
Cash & Short-Term Investments	1,018	1,002	1,035	663.95	688.49	408.81
Cash Growth	-10.13%	-3.20%	55.93%	-3.56%	68.42%	-22.20%
Accounts Receivable	578.88	716.11	667.15	589.04	435.76	620.13
Other Receivables	10.33	11.12	13.97	82.45	8.67	13.1
Receivables	589.21	727.23	681.11	671.49	444.42	633.23
Inventory	570.98	572.34	584.41	396.45	406.65	714.36
Other Current Assets	154.29	155.57	148.23	120.04	108.24	203.35
Total Current Assets	2,333	2,457	2,449	1,852	1,648	1,960
Property, Plant & Equipment	1,306	1,336	1,292	1,096	1,088	1,015
Long-Term Investments	80.47	78.24	34.11	16.68	10.5	10.5
Goodwill	5.06	5.06	5.06	5.06	5.06	5.06
Other Intangible Assets	373.65	382.7	353.72	370.07	209.12	199.93
Long-Term Deferred Tax Assets	31.59	31.26	21.09	14	7.67	6.92
Long-Term Deferred Charges	7.12	7.98	10.29	11.62	15.7	19.54
Other Long-Term Assets	8.75	8.91	140.96	11.55	3.62	4.04
Total Assets	4,145	4,308	4,306	3,377	2,987	3,221
Accounts Payable	654.04	884.4	878.46	657.8	623.46	838.57
Accrued Expenses	86.54	128.53	124.61	102.84	137.52	119.02
Short-Term Debt	837.03	765.55	847.93	251.6	327.78	723.44
Current Portion of Long-Term Debt	56.97	76.2	40	50.06	-	-
Current Portion of Leases	-	-	8.5	2.54	4.91	4.59
Current Income Taxes Payable	25.2	33.28	11.78	23.54	11.2	1.42
Current Unearned Revenue	24.75	18.31	15.63	18.48	15.05	16.13
Other Current Liabilities	51.91	39.26	39.35	61.49	10.82	9.81
Total Current Liabilities	1,736	1,946	1,966	1,168	1,131	1,713
Long-Term Debt	-	-	20	-	50.06	20.04
Long-Term Leases	19.36	20.14	25.47	2.63	3.51	12.73
Long-Term Unearned Revenue	4.09	1.95	3.12	3.85	4.91	0.3
Long-Term Deferred Tax Liabilities	21.25	21.08	25.91	24.12	22.04	14.64
Other Long-Term Liabilities	5.28	10.39	14.61	8.28	2.14	2.45
Total Liabilities	1,786	1,999	2,055	1,207	1,213	1,763
Common Stock	330.43	330.43	331.21	332.91	302.51	302.51
Additional Paid-In Capital	687.98	687.98	692.65	723.84	563.53	546.43
Retained Earnings	1,391	1,319	1,239	1,128	935.32	666.29
Treasury Stock	-	-	-8.17	-34.11	-45.01	-45.01
Comprehensive Income & Other	-62.08	-39.02	-26.16	3	3.57	-23.71
Total Common Equity	2,348	2,299	2,228	2,154	1,760	1,447
Minority Interest	10.9	9.86	22.4	16.55	13.8	10.88
Shareholders' Equity	2,359	2,309	2,251	2,170	1,774	1,457
Total Liabilities & Equity	4,145	4,308	4,306	3,377	2,987	3,221
Total Debt	913.37	861.88	941.91	306.83	386.26	760.8
Net Cash (Debt)	104.75	140.25	93.36	357.12	302.23	-352
Net Cash Growth	-	50.23%	-73.86%	18.16%	-	-
Net Cash Per Share	0.32	0.42	0.28	1.14	1.00	-1.16
Filing Date Shares Outstanding	327.47	339.67	329.65	329.65	298.22	298.22
Total Common Shares Outstanding	327.47	339.67	329.65	329.65	298.22	298.22
Working Capital	596.15	511.75	482.76	683.58	517.06	246.76
Book Value Per Share	7.17	6.77	6.76	6.53	5.90	4.85
Tangible Book Value	1,969	1,911	1,869	1,778	1,546	1,242
Tangible Book Value Per Share	6.01	5.63	5.67	5.39	5.18	4.16
Buildings	-	-	992.04	921.19	950.2	750.34
Machinery	-	-	507.85	449.7	426.05	356.1
Construction In Progress	-	-	206.77	92.85	28.7	166.73

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