L&K Engineering (Suzhou) Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	3,062	2,484	1,084	622.78	421.2	410.98
Trading Asset Securities	65.23	8.52	3.01	15.02	15.03	70.11
Cash & Short-Term Investments	3,127	2,492	1,087	637.79	436.23	481.1
Cash Growth	40.04%	129.31%	70.40%	46.21%	-9.33%	-20.38%
Accounts Receivable	1,545	1,145	2,056	1,477	1,452	1,207
Other Receivables	23.9	23.3	6.22	6.58	7.07	9.88
Receivables	1,569	1,168	2,062	1,484	1,459	1,217
Inventory	8.72	8.35	25.31	53.35	30.75	13.28
Other Current Assets	97.59	171.71	148.97	131.69	108.18	64.83
Total Current Assets	4,802	3,841	3,323	2,307	2,034	1,777
Property, Plant & Equipment	51.31	52.5	59.71	67.79	55.17	59.39
Long-Term Investments	40.74	21.02	21.44	20.01	-	-
Other Intangible Assets	5.07	5.48	5.62	5.62	3.96	4.07
Long-Term Accounts Receivable	-	-	0.02	1.09	-	-
Long-Term Deferred Tax Assets	34.4	24.66	41.98	39.91	36.99	28.61
Other Long-Term Assets	54.31	95.3	90.56	133.16	124.68	108.95
Total Assets	4,988	4,040	3,542	2,574	2,255	1,978
Accounts Payable	2,039	1,579	1,627	1,080	986.98	719.37
Accrued Expenses	10.34	34.74	30.64	31.5	10.8	9.02
Short-Term Debt	-	-	-	-	30	77.61
Current Portion of Long-Term Debt	-	-	-	27.19	14.05	-
Current Portion of Leases	-	0.13	2.54	5.07	0.2	-
Current Income Taxes Payable	101.8	99.03	3.04	7.18	5.54	0.77
Current Unearned Revenue	947.57	467.97	423.05	198.63	111.23	66.71
Other Current Liabilities	4.48	6.35	4.65	29.5	16.78	12.46
Total Current Liabilities	3,103	2,188	2,090	1,379	1,176	885.93
Long-Term Debt	-	-	-	-	27.16	41.21
Long-Term Leases	-	-	0.13	2.35	0.12	-
Long-Term Deferred Tax Liabilities	0.08	0.02	3	3.76	0.05	0.03
Other Long-Term Liabilities	-	2	-	-	-	0.31
Total Liabilities	3,103	2,190	2,094	1,385	1,203	927.49
Common Stock	213.36	213.36	213.36	213.36	213.36	213.36
Additional Paid-In Capital	256.2	256.2	256.2	256.2	256.2	256.2
Retained Earnings	1,370	1,355	932.12	698.58	569.32	565.72
Comprehensive Income & Other	26.55	4.45	23.54	3.4	-1.94	-0.47
Total Common Equity	1,867	1,829	1,425	1,172	1,037	1,035
Minority Interest	18.48	21.25	23.71	17.83	15.38	15.26
Shareholders' Equity	1,885	1,850	1,449	1,189	1,052	1,050
Total Liabilities & Equity	4,988	4,040	3,542	2,574	2,255	1,978
Total Debt	-	0.13	2.67	34.61	71.53	118.82
Net Cash (Debt)	3,127	2,492	1,084	603.18	364.7	362.27
Net Cash Growth	40.05%	129.86%	79.74%	65.39%	0.67%	-40.05%
Net Cash Per Share	14.62	11.68	5.06	2.84	1.75	1.65
Filing Date Shares Outstanding	213.36	213.36	213.36	213.36	213.36	213.36
Total Common Shares Outstanding	213.36	213.36	213.36	213.36	213.36	213.36
Working Capital	1,699	1,653	1,233	927.9	858.86	890.6
Book Value Per Share	8.75	8.57	6.68	5.49	4.86	4.85
Tangible Book Value	1,861	1,823	1,420	1,166	1,033	1,031
Tangible Book Value Per Share	8.72	8.55	6.65	5.46	4.84	4.83
Buildings	-	72.17	65.32	65.32	65.32	64.72
Machinery	-	43.24	42.51	40.38	30.24	30.36
Order Backlog	-	3,031	-	-	-	-

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