Lutian Machinery Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	786.24	988.53	977.54	936.93	744.81	219.52
Trading Asset Securities	100.17	-	0.47	-	-	-
Cash & Short-Term Investments	886.41	988.53	978.01	936.93	744.81	219.52
Cash Growth	0.18%	1.07%	4.38%	25.79%	239.29%	38.62%
Accounts Receivable	336.19	400.57	246.14	230.51	229.57	124.83
Other Receivables	27.17	40.01	19.65	19.2	17.37	12.46
Receivables	363.36	440.58	265.78	249.71	246.93	137.29
Inventory	536.06	685.17	433.09	421.86	463.6	361.3
Other Current Assets	23.24	28.79	11.9	23.1	3.13	15.33
Total Current Assets	1,809	2,143	1,689	1,632	1,458	733.43
Property, Plant & Equipment	593.37	505.24	449.26	469.44	425.99	425.79
Long-Term Investments	-	-	-	-	4	-
Other Intangible Assets	79.66	81.49	44.05	45.23	46.33	47.49
Long-Term Deferred Tax Assets	4.62	3.76	0.55	0.19	5.25	4.6
Other Long-Term Assets	6.14	3.31	1.78	0.88	9.45	1.93
Total Assets	2,497	2,737	2,184	2,147	1,949	1,213
Accounts Payable	541.65	846.96	473.63	529.44	467.84	452.44
Accrued Expenses	37.19	60.79	43.13	38.83	26.04	29.65
Current Portion of Leases	1.98	0.87	1.18	-	0.61	-
Current Income Taxes Payable	9.77	11.32	5.04	-	12.04	6.72
Current Unearned Revenue	62.03	81.38	51.47	62.14	44.87	46.41
Other Current Liabilities	16.8	20.07	19.1	23.86	4.55	1.94
Total Current Liabilities	669.41	1,021	593.56	654.27	555.95	537.16
Long-Term Leases	7.46	0.26	1.08	-	-	-
Long-Term Unearned Revenue	25.41	18.23	17.99	13.07	11.16	11.4
Long-Term Deferred Tax Liabilities	-	-	-	0.88	-	-
Total Liabilities	702.28	1,040	612.63	668.22	567.11	548.56
Common Stock	172.48	172.48	123.2	88	88	66
Additional Paid-In Capital	527.17	526.65	575.23	609.63	-	103.42
Retained Earnings	1,095	997.86	873.38	781.48	682.46	495.26
Comprehensive Income & Other	-	-	-	-	611.93	-
Shareholders' Equity	1,794	1,697	1,572	1,479	1,382	664.68
Total Liabilities & Equity	2,497	2,737	2,184	2,147	1,949	1,213
Total Debt	9.44	1.13	2.26	-	0.61	-
Net Cash (Debt)	876.97	987.4	975.75	936.93	744.2	219.52
Net Cash Growth	-0.75%	1.19%	4.14%	25.90%	239.02%	38.62%
Net Cash Per Share	5.11	5.73	5.64	5.45	4.94	1.70
Filing Date Shares Outstanding	172.48	172.48	172.48	172.48	172.48	129.36
Total Common Shares Outstanding	172.48	172.48	172.48	172.48	172.48	129.36
Working Capital	1,140	1,122	1,095	977.32	902.53	196.27
Book Value Per Share	10.40	9.84	9.11	8.58	8.01	5.14
Tangible Book Value	1,715	1,615	1,528	1,434	1,336	617.19
Tangible Book Value Per Share	9.94	9.37	8.86	8.31	7.75	4.77
Buildings	-	421.59	421.59	385.24	-	375.12
Machinery	-	286.61	259.85	249.76	-	167.9
Construction In Progress	-	74.44	0.45	30.98	-	14.63

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