Xiamen Leading Optics 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	625.63	362.54	487.1	332.94	228.47	288.53
Short-Term Investments	-	456.9	36.69	-	54.93	109.92
Trading Asset Securities	18.84	18.73	119.26	251.23	336.87	179.1
Cash & Short-Term Investments	644.46	838.18	643.05	584.18	620.27	577.54
Cash Growth	-8.75%	30.34%	10.08%	-5.82%	7.40%	-11.59%
Accounts Receivable	136.11	130.75	103.17	82.7	87.61	81.64
Other Receivables	2.09	1.2	0.44	0.3	2.94	5.91
Receivables	138.2	131.95	103.61	83	90.55	87.55
Inventory	222.68	206.93	176.48	190.88	274.16	259.97
Prepaid Expenses	-	0.01	-	-	-	-
Other Current Assets	326.36	9.25	16.65	20.25	10.37	16.6
Total Current Assets	1,332	1,186	939.78	878.31	995.34	941.67
Property, Plant & Equipment	506.99	512.08	419.09	424.44	372.63	276.85
Long-Term Investments	103.5	121.22	339.69	307	88.97	98.53
Other Intangible Assets	8.23	7.7	7.91	5.65	6.13	6.59
Long-Term Deferred Tax Assets	24.99	20.13	14.07	13.8	16.86	15.56
Long-Term Deferred Charges	11.99	13.26	7.69	11.46	16.83	8.42
Other Long-Term Assets	22.05	2.39	7.91	4.28	31.59	70.17
Total Assets	2,009	1,863	1,736	1,645	1,528	1,418
Accounts Payable	131.83	100.06	91.21	74.26	87.46	124.21
Accrued Expenses	15.5	22.17	16.64	15.69	14.56	17.48
Short-Term Debt	63.2	26.27	22.99	-	-	-
Current Portion of Long-Term Debt	1.09	0.64	11.72	1.52	0.45	-
Current Income Taxes Payable	18.32	10.19	13.92	5.23	3.43	3.56
Current Unearned Revenue	45.45	44.34	22.3	17.19	15.23	11.05
Other Current Liabilities	42.22	56.68	12.27	21.92	10.1	15.14
Total Current Liabilities	317.61	260.35	191.04	135.82	131.22	171.43
Long-Term Debt	10.81	7.26	-	11.72	8.01	-
Long-Term Unearned Revenue	35.69	33.38	24.41	19.88	19.65	15.16
Long-Term Deferred Tax Liabilities	23.99	22.87	14.86	16.09	18.25	15.41
Total Liabilities	388.11	323.85	230.31	183.5	177.14	202.01
Common Stock	411.33	410.68	407.12	407.13	407.33	407.53
Additional Paid-In Capital	416.75	400.01	348.77	348.81	348.43	346.34
Retained Earnings	803.91	733.46	723.94	687.03	581.68	474.38
Treasury Stock	-38.74	-33.15	-	-3.13	-7.77	-14.34
Comprehensive Income & Other	24.38	24.86	23.02	19.42	19.43	-0.47
Total Common Equity	1,618	1,536	1,503	1,459	1,349	1,213
Minority Interest	3.72	3.37	3	2.16	2.12	2.34
Shareholders' Equity	1,621	1,539	1,506	1,461	1,351	1,216
Total Liabilities & Equity	2,009	1,863	1,736	1,645	1,528	1,418
Total Debt	75.1	34.17	34.7	13.24	8.46	-
Net Cash (Debt)	569.37	804.01	608.35	570.94	611.81	577.54
Net Cash Growth	-12.39%	32.16%	6.55%	-6.68%	5.93%	-11.59%
Net Cash Per Share	1.39	1.97	1.50	1.40	1.51	1.42
Filing Date Shares Outstanding	410.74	410.68	407.12	407.13	407.33	405.13
Total Common Shares Outstanding	410.74	410.68	407.12	407.13	407.33	405.13
Working Capital	1,014	925.96	748.75	742.49	864.12	770.24
Book Value Per Share	3.94	3.74	3.69	3.58	3.31	3.00
Tangible Book Value	1,609	1,528	1,495	1,454	1,343	1,207
Tangible Book Value Per Share	3.92	3.72	3.67	3.57	3.30	2.98
Buildings	-	177.25	178.18	177.07	48.23	47.07
Machinery	-	533.43	434.8	385.66	363.73	273.24
Construction In Progress	-	65.57	20.37	30.9	91.34	58.07

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