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	-	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	357.75	838.18	643.05	584.18	620.27	577.54
Cash Growth	-53.21%	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	-	0.01	-	-	-	-
Other Current Assets	560.37	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	108.35	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	52.99	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	167.04	100.06	91.21	74.26	87.46	124.21
Accrued Expenses	17.45	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	16.2	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	24.87	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)	261.07	804.01	608.35	570.94	611.81	577.54
Net Cash Growth	-64.04%	32.16%	6.55%	-6.68%	5.93%	-11.59%
Net Cash Per Share	0.64	1.97	1.50	1.40	1.51	1.42
Filing Date Shares Outstanding	404.61	410.68	407.12	407.13	407.33	405.13
Total Common Shares Outstanding	404.61	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	4.01	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	3.99	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