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