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	Jun '26 Jun 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	288.41	362.54	487.1	332.94	228.47	288.53
Short-Term Investments	552.53	456.9	36.69	-	54.93	109.92
Trading Asset Securities	69.34	18.73	119.26	251.23	336.87	179.1
Cash & Short-Term Investments	910.27	838.18	643.05	584.18	620.27	577.54
Cash Growth	19.05%	30.34%	10.08%	-5.82%	7.40%	-11.59%
Accounts Receivable	187.15	130.75	103.17	82.7	87.61	81.64
Other Receivables	2.88	1.2	0.44	0.3	2.94	5.91
Receivables	190.04	131.95	103.61	83	90.55	87.55
Inventory	225.46	206.93	176.48	190.88	274.16	259.97
Prepaid Expenses	0.02	0.01	-	-	-	-
Other Current Assets	7.83	9.25	16.65	20.25	10.37	16.6
Total Current Assets	1,334	1,186	939.78	878.31	995.34	941.67
Property, Plant & Equipment	513.61	512.08	419.09	424.44	372.63	276.85
Long-Term Investments	115.47	121.22	339.69	307	88.97	98.53
Other Intangible Assets	7.68	7.7	7.91	5.65	6.13	6.59
Long-Term Deferred Tax Assets	26.43	20.13	14.07	13.8	16.86	15.56
Long-Term Deferred Charges	10.72	13.26	7.69	11.46	16.83	8.42
Other Long-Term Assets	45.87	2.39	7.91	4.28	31.59	70.17
Total Assets	2,053	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	Jun '26 Jun 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	124.08	100.06	91.21	74.26	87.46	124.21
Accrued Expenses	22.3	22.17	16.64	15.69	14.56	17.48
Short-Term Debt	83.37	26.27	22.99	-	-	-
Current Portion of Long-Term Debt	1.8	0.64	11.72	1.52	0.45	-
Current Income Taxes Payable	12.09	10.19	13.92	5.23	3.43	3.56
Current Unearned Revenue	43.75	44.34	22.3	17.19	15.23	11.05
Other Current Liabilities	67.09	56.68	12.27	21.92	10.1	15.14
Total Current Liabilities	354.48	260.35	191.04	135.82	131.22	171.43
Long-Term Debt	11.5	7.26	-	11.72	8.01	-
Long-Term Unearned Revenue	33.91	33.38	24.41	19.88	19.65	15.16
Long-Term Deferred Tax Liabilities	26.53	22.87	14.86	16.09	18.25	15.41
Total Liabilities	426.43	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	Jun '26 Jun 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	411.27	410.68	407.12	407.13	407.33	407.53
Additional Paid-In Capital	423.55	400.01	348.77	348.81	348.43	346.34
Retained Earnings	786.85	733.46	723.94	687.03	581.68	474.38
Treasury Stock	-21.87	-33.15	-	-3.13	-7.77	-14.34
Comprehensive Income & Other	23.37	24.86	23.02	19.42	19.43	-0.47
Total Common Equity	1,623	1,536	1,503	1,459	1,349	1,213
Minority Interest	3.81	3.37	3	2.16	2.12	2.34
Shareholders' Equity	1,627	1,539	1,506	1,461	1,351	1,216
Total Liabilities & Equity	2,053	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	Jun '26 Jun 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	96.67	34.17	34.7	13.24	8.46	-
Net Cash (Debt)	813.6	804.01	608.35	570.94	611.81	577.54
Net Cash Growth	12.08%	32.16%	6.55%	-6.68%	5.93%	-11.59%
Net Cash Per Share	1.99	1.97	1.50	1.40	1.51	1.42
Filing Date Shares Outstanding	411.27	410.68	407.12	407.13	407.33	405.13
Total Common Shares Outstanding	411.27	410.68	407.12	407.13	407.33	405.13
Working Capital	979.13	925.96	748.75	742.49	864.12	770.24
Book Value Per Share	3.95	3.74	3.69	3.58	3.31	3.00
Tangible Book Value	1,615	1,528	1,495	1,454	1,343	1,207
Tangible Book Value Per Share	3.93	3.72	3.67	3.57	3.30	2.98
Buildings	177.25	177.25	178.18	177.07	48.23	47.07
Machinery	563	533.43	434.8	385.66	363.73	273.24
Construction In Progress	63.4	65.57	20.37	30.9	91.34	58.07