Xiamen Leading Optics Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	366.25	362.54	487.1	332.94	228.47	288.53
Short-Term Investments	26.91	456.9	36.69	-	54.93	109.92
Trading Asset Securities	58.18	18.73	119.26	251.23	336.87	179.1
Cash & Short-Term Investments	451.34	838.18	643.05	584.18	620.27	577.54
Cash Growth	18.96%	30.34%	10.08%	-5.82%	7.40%	-11.59%
Accounts Receivable	165.55	130.75	103.17	82.7	87.61	81.64
Other Receivables	8.95	1.2	0.44	0.3	2.94	5.91
Receivables	174.49	131.95	103.61	83	90.55	87.55
Inventory	262.5	206.93	176.48	190.88	274.16	259.97
Prepaid Expenses	-	0.01	-	-	-	-
Other Current Assets	469.11	9.25	16.65	20.25	10.37	16.6
Total Current Assets	1,357	1,186	939.78	878.31	995.34	941.67
Property, Plant & Equipment	536.64	512.08	419.09	424.44	372.63	276.85
Long-Term Investments	108.35	121.22	339.69	307	88.97	98.53
Other Intangible Assets	7.77	7.7	7.91	5.65	6.13	6.59
Long-Term Deferred Tax Assets	25.67	20.13	14.07	13.8	16.86	15.56
Long-Term Deferred Charges	10.56	13.26	7.69	11.46	16.83	8.42
Other Long-Term Assets	50.35	2.39	7.91	4.28	31.59	70.17
Total Assets	2,097	1,863	1,736	1,645	1,528	1,418

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	167.93	100.06	91.21	74.26	87.46	124.21
Accrued Expenses	16.86	22.17	16.64	15.69	14.56	17.48
Short-Term Debt	69.16	26.27	22.99	-	-	-
Current Portion of Long-Term Debt	2.8	0.64	11.72	1.52	0.45	-
Current Income Taxes Payable	9.27	10.19	13.92	5.23	3.43	3.56
Current Unearned Revenue	45.89	44.34	22.3	17.19	15.23	11.05
Other Current Liabilities	25.47	56.68	12.27	21.92	10.1	15.14
Total Current Liabilities	337.39	260.35	191.04	135.82	131.22	171.43
Long-Term Debt	12.5	7.26	-	11.72	8.01	-
Long-Term Unearned Revenue	32.18	33.38	24.41	19.88	19.65	15.16
Long-Term Deferred Tax Liabilities	27.09	22.87	14.86	16.09	18.25	15.41
Total Liabilities	409.16	323.85	230.31	183.5	177.14	202.01

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	411.22	410.68	407.12	407.13	407.33	407.53
Additional Paid-In Capital	427.75	400.01	348.77	348.81	348.43	346.34
Retained Earnings	843.54	733.46	723.94	687.03	581.68	474.38
Treasury Stock	-21.45	-33.15	-	-3.13	-7.77	-14.34
Comprehensive Income & Other	22.75	24.86	23.02	19.42	19.43	-0.47
Total Common Equity	1,684	1,536	1,503	1,459	1,349	1,213
Minority Interest	3.79	3.37	3	2.16	2.12	2.34
Shareholders' Equity	1,688	1,539	1,506	1,461	1,351	1,216
Total Liabilities & Equity	2,097	1,863	1,736	1,645	1,528	1,418

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	84.46	34.17	34.7	13.24	8.46	-
Net Cash (Debt)	366.88	804.01	608.35	570.94	611.81	577.54
Net Cash Growth	4.73%	32.16%	6.55%	-6.68%	5.93%	-11.59%
Net Cash Per Share	0.90	1.97	1.50	1.40	1.51	1.42
Filing Date Shares Outstanding	411.22	410.68	407.12	407.13	407.33	405.13
Total Common Shares Outstanding	411.22	410.68	407.12	407.13	407.33	405.13
Working Capital	1,020	925.96	748.75	742.49	864.12	770.24
Book Value Per Share	4.09	3.74	3.69	3.58	3.31	3.00
Tangible Book Value	1,676	1,528	1,495	1,454	1,343	1,207
Tangible Book Value Per Share	4.08	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