Linewell Software 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	108.43	308.45	295.62	371.42	568.73	282.07
Trading Asset Securities	-	-	-	8.08	7.46	145.28
Cash & Short-Term Investments	108.43	308.45	295.62	379.51	576.19	427.35
Cash Growth	-44.67%	4.34%	-22.10%	-34.14%	34.83%	-32.34%
Accounts Receivable	1,729	1,776	2,268	2,805	2,448	1,661
Other Receivables	21.57	22.71	27.15	41.56	28.82	31.54
Receivables	1,750	1,799	2,295	2,846	2,477	1,693
Inventory	447.35	431.68	561.13	301.27	181.36	197.2
Prepaid Expenses	-	-	1.89	1.83	1.48	1.87
Other Current Assets	140.17	149.11	140.29	219.77	149.21	96.55
Total Current Assets	2,446	2,688	3,294	3,749	3,385	2,416
Property, Plant & Equipment	447.11	386.34	285.42	177.7	204.08	229.32
Long-Term Investments	461.69	357.5	475.82	491.11	462.6	429.38
Goodwill	46.48	46.48	181.57	181.57	181.57	181.57
Other Intangible Assets	457.97	454.05	525.58	567.25	282.15	160.9
Long-Term Accounts Receivable	-	-	517.18	720.07	731.13	840.36
Long-Term Deferred Tax Assets	243.19	221.05	173.74	86.19	64.61	47.29
Long-Term Deferred Charges	19.78	34.41	47.65	60.29	68.09	156.8
Other Long-Term Assets	579.42	686.76	339.16	99.27	24.09	24.09
Total Assets	4,702	4,875	5,840	6,132	5,404	4,485
Accounts Payable	938.43	1,034	1,159	1,331	1,233	815.64
Accrued Expenses	24.04	277.28	301.25	458.79	398.74	260.6
Short-Term Debt	651.02	648.52	896.62	1,188	665.67	405.86
Current Portion of Long-Term Debt	137.98	-	69.7	10.11	4.04	-
Current Portion of Leases	-	-	19.46	35.77	16.27	12.89
Current Income Taxes Payable	215.12	-	4.96	14.04	16.2	12.44
Current Unearned Revenue	318.64	341.02	348.24	83.42	108.59	133.35
Other Current Liabilities	70.95	232.81	78.38	64.5	75.47	67.43
Total Current Liabilities	2,356	2,534	2,878	3,186	2,518	1,708
Long-Term Debt	351.9	323.12	459.61	81	34	-
Long-Term Leases	4.93	5.21	10.27	15.9	15.12	25
Long-Term Unearned Revenue	0.64	0.65	0.5	2.92	6.23	9.63
Long-Term Deferred Tax Liabilities	54.7	42.19	52.53	47.27	45.42	38.57
Other Long-Term Liabilities	16.85	0.2	-	-	-	15.69
Total Liabilities	2,785	2,905	3,400	3,333	2,618	1,797
Common Stock	580.36	580.36	580.36	590.79	590.79	590.79
Additional Paid-In Capital	1,222	1,222	1,232	1,323	1,321	1,325
Retained Earnings	51.35	101.17	547.71	885.98	879.02	790.46
Treasury Stock	-	-	-	-101.16	-101.16	-101.16
Comprehensive Income & Other	-3.75	-3.75	0.31	0.31	-	-
Total Common Equity	1,850	1,900	2,360	2,699	2,690	2,605
Minority Interest	66.13	69.48	79.28	100.1	95.13	83.3
Shareholders' Equity	1,916	1,970	2,440	2,799	2,785	2,688
Total Liabilities & Equity	4,702	4,875	5,840	6,132	5,404	4,485
Total Debt	1,146	976.85	1,456	1,331	735.1	443.75
Net Cash (Debt)	-1,037	-668.4	-1,160	-951.62	-158.91	-16.4
Net Cash Per Share	-1.81	-1.15	-1.98	-1.69	-0.28	-0.03
Filing Date Shares Outstanding	553.51	544.47	580.36	580.36	580.36	580.36
Total Common Shares Outstanding	553.51	544.47	580.36	580.36	580.36	580.36
Working Capital	89.85	154.41	416.44	562.38	867.64	707.33
Book Value Per Share	3.34	3.49	4.07	4.65	4.64	4.49
Tangible Book Value	1,346	1,400	1,653	1,950	2,226	2,262
Tangible Book Value Per Share	2.43	2.57	2.85	3.36	3.84	3.90
Buildings	-	-	149.87	149.87	149.87	149.87
Machinery	-	-	98.57	108.43	109.19	105.17
Construction In Progress	-	-	125.19	3.19	1.98	4.29

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