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 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	3,469	3,680	2,484	1,084	622.78	421.2
Trading Asset Securities	36.1	18.54	8.52	3.01	15.02	15.03
Cash & Short-Term Investments	3,505	3,698	2,492	1,087	637.79	436.23
Cash Growth	2.87%	48.39%	129.31%	70.40%	46.21%	-9.33%
Accounts Receivable	1,636	1,278	1,145	2,056	1,477	1,452
Other Receivables	22.4	22.13	23.32	6.22	6.58	7.07
Receivables	1,658	1,301	1,168	2,062	1,484	1,459
Inventory	11.42	5.71	8.35	25.31	53.35	30.75
Other Current Assets	220.08	167.63	171.69	148.97	131.69	108.18
Total Current Assets	5,395	5,172	3,841	3,323	2,307	2,034
Property, Plant & Equipment	49.44	50.21	52.5	59.71	67.79	55.17
Long-Term Investments	48.51	47.6	21.02	21.44	20.01	-
Other Intangible Assets	4.84	4.92	5.48	5.62	5.62	3.96
Long-Term Accounts Receivable	-	79.44	74.56	0.02	1.09	-
Long-Term Deferred Tax Assets	22.85	28.87	24.66	41.98	39.91	36.99
Other Long-Term Assets	91.57	8.79	20.74	90.56	133.16	124.68
Total Assets	5,613	5,392	4,040	3,542	2,574	2,255
Accounts Payable	1,959	2,281	1,579	1,627	1,080	986.98
Accrued Expenses	13.22	76.26	35.99	32.44	31.5	10.8
Short-Term Debt	100	-	-	-	-	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	271.63	171.33	99.03	3.04	7.18	5.54
Current Unearned Revenue	713.57	540.36	467.97	423.05	198.63	111.23
Other Current Liabilities	13.68	4.46	5.11	2.85	29.5	16.78
Total Current Liabilities	3,071	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	0.42	-	0.02	3	3.76	0.05
Other Long-Term Liabilities	-	-	2	-	-	-
Total Liabilities	3,071	3,074	2,190	2,094	1,385	1,203
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	2,068	1,820	1,355	932.12	698.58	569.32
Comprehensive Income & Other	-11.69	14.31	4.45	23.54	3.4	-1.94
Total Common Equity	2,526	2,304	1,829	1,425	1,172	1,037
Minority Interest	15.48	14.16	21.25	23.71	17.83	15.38
Shareholders' Equity	2,541	2,318	1,850	1,449	1,189	1,052
Total Liabilities & Equity	5,613	5,392	4,040	3,542	2,574	2,255
Total Debt	100	-	0.13	2.67	34.61	71.53
Net Cash (Debt)	3,405	3,698	2,492	1,084	603.18	364.7
Net Cash Growth	-0.07%	48.40%	129.86%	79.74%	65.39%	0.67%
Net Cash Per Share	15.96	17.33	11.68	5.06	2.84	1.75
Filing Date Shares Outstanding	213.37	213.36	213.36	213.36	213.36	213.36
Total Common Shares Outstanding	213.37	213.36	213.36	213.36	213.36	213.36
Working Capital	2,325	2,098	1,653	1,233	927.9	858.86
Book Value Per Share	11.84	10.80	8.57	6.68	5.49	4.86
Tangible Book Value	2,521	2,299	1,823	1,420	1,166	1,033
Tangible Book Value Per Share	11.82	10.78	8.55	6.65	5.46	4.84
Buildings	-	72.17	72.17	65.32	65.32	65.32
Machinery	-	45.69	43.24	42.51	40.38	30.24
Order Backlog	-	4,830	-	-	-	-

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