Montage Technology Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	14,624	8,479	6,843	5,744	5,870	5,104
Short-Term Investments	-	-	-	-	-	151.43
Trading Asset Securities	2,131	823.3	1,783	1,703	1,610	1,562
Cash & Short-Term Investments	16,755	9,302	8,627	7,447	7,481	6,818
Cash Growth	91.53%	7.83%	15.85%	-0.45%	9.72%	7.44%
Accounts Receivable	619.9	567.53	387.79	294.25	322.38	172.43
Other Receivables	3.91	0	0.03	0.03	0.11	0.05
Receivables	623.82	567.53	387.82	294.29	322.49	172.49
Inventory	982.27	896.14	352.2	482.39	738.43	375.29
Other Current Assets	224.87	268.12	94.5	72.61	95.03	57.35
Total Current Assets	18,586	11,034	9,461	8,296	8,636	7,423
Property, Plant & Equipment	1,415	1,341	1,135	848.71	596.89	1,053
Long-Term Investments	1,002	703.23	706.74	676.22	605.74	290.24
Other Intangible Assets	109.57	113.43	133.75	137.49	131.08	124.6
Long-Term Deferred Tax Assets	47.12	43.3	83.1	90.58	92.4	64.53
Long-Term Deferred Charges	142.54	136.63	180.46	111.75	56.29	3.21
Other Long-Term Assets	378.77	376.95	519.03	536.67	567.16	-
Total Assets	21,681	13,748	12,219	10,698	10,686	8,959
Accounts Payable	246.95	208.23	211.15	131.12	197.17	206.71
Accrued Expenses	174.34	310.6	246.94	171.5	221.39	96.74
Current Portion of Leases	16.53	14.78	15.96	13.28	11.89	13.21
Current Income Taxes Payable	150.33	96.1	56.01	18.21	116.47	66.15
Current Unearned Revenue	-	1.11	25.21	1.61	22.73	-
Other Current Liabilities	165.4	138.82	124.6	55.45	69.78	54.49
Total Current Liabilities	753.55	769.64	679.88	391.17	639.43	437.3
Long-Term Leases	17.67	19.36	28.8	2.2	8.82	19.64
Long-Term Unearned Revenue	78.31	78.89	92.02	92.38	87.72	91.32
Long-Term Deferred Tax Liabilities	6.7	9.1	2.11	5.17	22.82	19.6
Other Long-Term Liabilities	-	-	19.59	-	-	-
Total Liabilities	905.06	876.99	822.41	490.92	758.79	567.86
Common Stock	1,222	1,146	1,145	1,139	1,134	1,131
Additional Paid-In Capital	13,199	6,114	5,626	5,432	5,329	5,113
Retained Earnings	7,218	6,371	4,805	3,732	3,622	2,646
Treasury Stock	-848.36	-848.36	-427.56	-300.03	-300.08	-300.08
Comprehensive Income & Other	55.39	141.12	255.29	188.45	126.83	-200.01
Total Common Equity	20,846	12,924	11,403	10,191	9,912	8,391
Minority Interest	-70.22	-52.57	-6.93	15.21	15.07	-
Shareholders' Equity	20,775	12,871	11,397	10,207	9,927	8,391
Total Liabilities & Equity	21,681	13,748	12,219	10,698	10,686	8,959
Total Debt	83.02	34.14	44.76	15.49	20.71	32.85
Net Cash (Debt)	16,672	9,268	8,582	7,431	7,460	6,785
Net Cash Growth	91.50%	7.99%	15.48%	-0.38%	9.95%	6.92%
Net Cash Per Share	13.78	8.13	7.60	6.59	6.58	5.97
Filing Date Shares Outstanding	1,210	1,210	1,136	1,139	1,132	1,133
Total Common Shares Outstanding	1,210	1,134	1,145	1,139	1,130	1,131
Working Capital	17,833	10,264	8,781	7,905	7,997	6,986
Book Value Per Share	17.23	11.39	9.96	8.95	8.77	7.42
Tangible Book Value	20,736	12,810	11,270	10,054	9,781	8,266
Tangible Book Value Per Share	17.14	11.29	9.84	8.83	8.65	7.31
Land	-	11.3	11.56	11.39	-	-
Buildings	-	687.46	516.88	513.19	475.22	-
Machinery	-	307.04	261.87	227.88	134.7	105.87
Construction In Progress	-	590.73	507.42	226.8	61.86	988.02

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