L&K Engineering (Suzhou) Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	3,680	2,484	1,084	622.78	421.2
Trading Asset Securities	18.54	8.52	3.01	15.02	15.03
Cash & Short-Term Investments	3,698	2,492	1,087	637.79	436.23
Cash Growth	48.39%	129.31%	70.40%	46.21%	-9.33%
Accounts Receivable	1,278	1,145	2,056	1,477	1,452
Other Receivables	22.13	23.3	6.22	6.58	7.07
Receivables	1,301	1,168	2,062	1,484	1,459
Inventory	5.71	8.35	25.31	53.35	30.75
Other Current Assets	167.63	171.71	148.97	131.69	108.18
Total Current Assets	5,172	3,841	3,323	2,307	2,034
Property, Plant & Equipment	50.21	52.5	59.71	67.79	55.17
Long-Term Investments	47.6	21.02	21.44	20.01	-
Other Intangible Assets	4.92	5.48	5.62	5.62	3.96
Long-Term Accounts Receivable	-	-	0.02	1.09	-
Long-Term Deferred Tax Assets	28.87	24.66	41.98	39.91	36.99
Other Long-Term Assets	88.23	95.3	90.56	133.16	124.68
Total Assets	5,392	4,040	3,542	2,574	2,255
Accounts Payable	2,281	1,579	1,627	1,080	986.98
Accrued Expenses	34.12	34.74	30.64	31.5	10.8
Short-Term Debt	-	-	-	-	30
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	214.39	99.03	3.04	7.18	5.54
Current Unearned Revenue	538.84	467.97	423.05	198.63	111.23
Other Current Liabilities	5.04	6.35	4.65	29.5	16.78
Total Current Liabilities	3,074	2,188	2,090	1,379	1,176
Long-Term Debt	-	-	-	-	27.16
Long-Term Leases	-	-	0.13	2.35	0.12
Long-Term Deferred Tax Liabilities	-	0.02	3	3.76	0.05
Other Long-Term Liabilities	-	2	-	-	-
Total Liabilities	3,074	2,190	2,094	1,385	1,203
Common Stock	213.36	213.36	213.36	213.36	213.36
Additional Paid-In Capital	256.2	256.2	256.2	256.2	256.2
Retained Earnings	1,820	1,355	932.12	698.58	569.32
Comprehensive Income & Other	14.31	4.45	23.54	3.4	-1.94
Total Common Equity	2,304	1,829	1,425	1,172	1,037
Minority Interest	14.16	21.25	23.71	17.83	15.38
Shareholders' Equity	2,318	1,850	1,449	1,189	1,052
Total Liabilities & Equity	5,392	4,040	3,542	2,574	2,255
Total Debt	-	0.13	2.67	34.61	71.53
Net Cash (Debt)	3,698	2,492	1,084	603.18	364.7
Net Cash Growth	48.40%	129.86%	79.74%	65.39%	0.67%
Net Cash Per Share	17.33	11.68	5.06	2.84	1.75
Filing Date Shares Outstanding	212.46	213.36	213.36	213.36	213.36
Total Common Shares Outstanding	212.46	213.36	213.36	213.36	213.36
Working Capital	2,098	1,653	1,233	927.9	858.86
Book Value Per Share	10.84	8.57	6.68	5.49	4.86
Tangible Book Value	2,299	1,823	1,420	1,166	1,033
Tangible Book Value Per Share	10.82	8.55	6.65	5.46	4.84
Buildings	-	72.17	65.32	65.32	65.32
Machinery	-	43.24	42.51	40.38	30.24
Order Backlog	-	3,031	-	-	-

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