UE Furniture Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	1,047	1,002	1,035	663.94	688.49	404.46
Trading Asset Securities	-	-	-	0	-	4.35
Cash & Short-Term Investments	1,047	1,002	1,035	663.95	688.49	408.81
Cash Growth	-14.51%	-3.20%	55.93%	-3.56%	68.42%	-22.20%
Accounts Receivable	726.86	716.11	667.15	589.04	435.76	620.13
Other Receivables	10.38	11.12	13.97	82.45	8.67	13.1
Receivables	737.24	727.23	681.11	671.49	444.42	633.23
Inventory	572.02	572.34	584.41	396.45	406.65	714.36
Prepaid Expenses	0.53	-	-	-	-	-
Other Current Assets	141.91	155.57	148.23	120.04	108.24	203.35
Total Current Assets	2,499	2,457	2,449	1,852	1,648	1,960
Property, Plant & Equipment	1,282	1,336	1,292	1,096	1,088	1,015
Long-Term Investments	82.58	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	370.68	382.7	353.72	370.07	209.12	199.93
Long-Term Deferred Tax Assets	30.94	31.26	21.09	14	7.67	6.92
Long-Term Deferred Charges	7.04	7.98	10.29	11.62	15.7	19.54
Other Long-Term Assets	8.59	8.91	140.96	11.55	3.62	4.04
Total Assets	4,286	4,308	4,306	3,377	2,987	3,221

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	847.32	884.4	878.46	657.8	623.46	838.57
Accrued Expenses	129.83	159.05	139.5	102.84	137.52	119.02
Short-Term Debt	877.9	765.55	847.93	251.6	327.78	723.44
Current Portion of Long-Term Debt	-	68	40	50.06	-	-
Current Portion of Leases	8.38	8.2	8.5	2.54	4.91	4.59
Current Income Taxes Payable	5.17	15.66	11.78	23.54	11.2	1.42
Current Unearned Revenue	23	19.08	15.63	18.48	15.05	16.13
Other Current Liabilities	35.43	25.59	24.46	61.49	10.82	9.81
Total Current Liabilities	1,927	1,946	1,966	1,168	1,131	1,713
Long-Term Debt	-	-	20	-	50.06	20.04
Long-Term Leases	16.63	20.14	25.47	2.63	3.51	12.73
Long-Term Unearned Revenue	3.82	1.95	3.12	3.85	4.91	0.3
Long-Term Deferred Tax Liabilities	24.77	21.08	25.91	24.12	22.04	14.64
Other Long-Term Liabilities	10.15	10.39	14.61	8.28	2.14	2.45
Total Liabilities	1,982	1,999	2,055	1,207	1,213	1,763

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
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	1,357	1,319	1,239	1,128	935.32	666.29
Treasury Stock	-	-	-8.17	-34.11	-45.01	-45.01
Comprehensive Income & Other	-82.53	-39.02	-26.16	3	3.57	-23.71
Total Common Equity	2,293	2,299	2,228	2,154	1,760	1,447
Minority Interest	10.32	9.86	22.4	16.55	13.8	10.88
Shareholders' Equity	2,303	2,309	2,251	2,170	1,774	1,457
Total Liabilities & Equity	4,286	4,308	4,306	3,377	2,987	3,221

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	902.91	861.88	941.91	306.83	386.26	760.8
Net Cash (Debt)	144.52	140.25	93.36	357.12	302.23	-352
Net Cash Growth	138.33%	50.23%	-73.86%	18.16%	-	-
Net Cash Per Share	0.43	0.42	0.28	1.14	1.00	-1.16
Filing Date Shares Outstanding	330.43	330.43	329.65	329.65	298.22	298.22
Total Common Shares Outstanding	330.43	330.43	329.65	329.65	298.22	298.22
Working Capital	572.11	511.75	482.76	683.58	517.06	246.76
Book Value Per Share	6.94	6.96	6.76	6.53	5.90	4.85
Tangible Book Value	1,917	1,911	1,869	1,778	1,546	1,242
Tangible Book Value Per Share	5.80	5.78	5.67	5.39	5.18	4.16
Buildings	1,238	1,147	992.04	921.19	950.2	750.34
Machinery	564.2	558.24	507.85	449.7	426.05	356.1
Construction In Progress	39.99	142.15	206.77	92.85	28.7	166.73