Shanghai Laiyifen Co.,Ltd 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	282.78	343.08	380.3	628.79	1,318	879.34
Trading Asset Securities	980.95	776.24	690.54	587.99	307.81	474.37
Cash & Short-Term Investments	1,264	1,119	1,071	1,217	1,626	1,354
Cash Growth	12.25%	4.53%	-11.99%	-25.18%	20.14%	12.35%
Accounts Receivable	71.24	43.42	43.28	58.86	77.8	44.8
Other Receivables	80.38	75.52	76.43	71.82	74.53	76.53
Receivables	151.62	118.94	119.71	130.68	152.33	121.32
Inventory	229.61	278.87	338.51	330.63	379.29	340.04
Other Current Assets	170.38	175.45	183.29	65.49	55.38	70.09
Total Current Assets	1,815	1,693	1,712	1,744	2,213	1,885
Property, Plant & Equipment	582.06	664.12	822.01	935.42	986.93	1,084
Long-Term Investments	194.02	202.06	178.14	239.44	239.17	99.4
Other Intangible Assets	39.93	41.67	45.37	53.77	49.01	28.74
Long-Term Accounts Receivable	-	-	0.69	-	-	-
Long-Term Deferred Tax Assets	40.74	40.86	41.18	29.25	34.99	27.79
Long-Term Deferred Charges	50.74	63.05	66.16	63.1	53.33	76.32
Other Long-Term Assets	188.39	385.46	298.38	310.52	111.97	182.67
Total Assets	2,911	3,090	3,164	3,375	3,689	3,384
Accounts Payable	306.33	395.51	532.35	555.05	702.64	629.24
Accrued Expenses	67.21	68.39	67.13	96.96	159.44	222.77
Short-Term Debt	199	190	-	-	100	-
Current Portion of Long-Term Debt	152.92	130.83	-	-	-	-
Current Portion of Leases	-	-	173.74	230.39	271.82	255.85
Current Income Taxes Payable	15.28	21.54	1.94	0.27	125.45	2.81
Current Unearned Revenue	221.26	257.53	243.29	211.38	205.42	210.7
Other Current Liabilities	219.02	206.4	194.23	216.5	110.93	127.15
Total Current Liabilities	1,181	1,270	1,213	1,311	1,676	1,449
Long-Term Leases	120.89	188.05	164.63	167.16	155.41	227.01
Long-Term Unearned Revenue	2.99	2.57	3.35	4.03	3.26	2.6
Long-Term Deferred Tax Liabilities	4.52	3.57	2.47	6.82	5.45	10.65
Other Long-Term Liabilities	20.85	34.9	45.43	44.08	37.45	-
Total Liabilities	1,330	1,499	1,429	1,533	1,877	1,689
Common Stock	334.42	334.42	336.56	336.56	336.56	336.8
Additional Paid-In Capital	901.75	899.69	927.57	927.62	904.79	918.99
Retained Earnings	328.32	342.36	503.35	595.77	569.36	467.33
Treasury Stock	-6.05	-6.05	-34.03	-20	-	-27.47
Total Common Equity	1,558	1,570	1,733	1,840	1,811	1,696
Minority Interest	22.49	20.06	2.28	2.49	0.71	-
Shareholders' Equity	1,581	1,590	1,736	1,842	1,811	1,696
Total Liabilities & Equity	2,911	3,090	3,164	3,375	3,689	3,384
Total Debt	472.81	508.88	338.37	397.55	527.22	482.86
Net Cash (Debt)	790.92	610.44	732.48	819.22	1,099	870.85
Net Cash Growth	17.91%	-16.66%	-10.59%	-25.46%	26.20%	-27.72%
Net Cash Per Share	2.29	1.82	2.20	2.44	3.29	2.53
Filing Date Shares Outstanding	350.98	325.3	333.3	335.06	336.56	334.66
Total Common Shares Outstanding	350.98	325.3	333.3	335.06	336.56	334.66
Working Capital	634.31	422.37	499.68	433.04	537.58	436.65
Book Value Per Share	4.44	4.83	5.20	5.49	5.38	5.07
Tangible Book Value	1,519	1,529	1,688	1,786	1,762	1,667
Tangible Book Value Per Share	4.33	4.70	5.06	5.33	5.23	4.98
Buildings	-	-	628.92	600.17	569.36	563.09
Machinery	-	-	262.91	261.88	267.2	263.39
Construction In Progress	-	-	3.46	2.06	-	8.97