ACM Research (Shanghai) Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	4,796	2,635	1,523	1,562	3,403
Short-Term Investments	-	50.54	21.38	-	-
Trading Asset Securities	249.64	138.14	141.21	140.73	188.13
Cash & Short-Term Investments	5,045	2,823	1,686	1,703	3,591
Cash Growth	78.70%	67.46%	-1.01%	-52.57%	688.33%
Accounts Receivable	3,263	2,202	1,610	1,093	542.19
Other Receivables	65.58	34.27	79.26	151.63	56.23
Receivables	3,328	2,236	1,689	1,245	598.42
Inventory	4,822	4,232	3,925	2,690	1,443
Other Current Assets	2,689	204.31	288.91	662.65	174.84
Total Current Assets	15,884	9,496	7,589	6,300	5,807
Property, Plant & Equipment	1,932	1,795	1,435	568.06	101.05
Long-Term Investments	226.94	300.5	413.31	78.33	61.5
Other Intangible Assets	136.48	93.18	91.06	86.61	64.69
Long-Term Deferred Tax Assets	148.86	106.99	95.8	16.18	3.09
Long-Term Deferred Charges	380.39	191.25	86.7	52.8	14.76
Other Long-Term Assets	185.91	145.94	42.78	1,073	285.06
Total Assets	18,895	12,128	9,754	8,176	6,337
Accounts Payable	2,237	1,488	1,491	961.44	733.43
Accrued Expenses	250.43	263.02	163.92	132.78	51.85
Short-Term Debt	520.32	236.04	222.19	390.37	61.72
Current Portion of Long-Term Debt	367.33	220.35	48.08	16.26	15.37
Current Portion of Leases	-	14.31	18.63	9.63	14.29
Current Income Taxes Payable	-	145.66	39.46	42.74	4.42
Current Unearned Revenue	737.44	1,106	876.31	822.06	364.3
Other Current Liabilities	118.42	55.9	18.79	21.25	19.23
Total Current Liabilities	4,231	3,530	2,879	2,397	1,265
Long-Term Debt	1,058	758.19	282.29	130.13	146.41
Long-Term Leases	30.41	21.62	23.25	7.73	12.51
Long-Term Unearned Revenue	74.87	57.9	34.29	46.98	50.65
Pension & Post-Retirement Benefits	8.68	7.95	5.99	3.43	-
Long-Term Deferred Tax Liabilities	-	-	-	-	2.22
Other Long-Term Liabilities	21.31	87.6	71.19	66.72	46.04
Total Liabilities	5,424	4,463	3,296	2,652	1,522
Common Stock	480.16	438.74	435.71	433.56	433.56
Additional Paid-In Capital	-	4,388	4,064	3,882	3,845
Retained Earnings	3,941	2,834	1,954	1,205	536.08
Treasury Stock	-50.02	-	-	-	-
Comprehensive Income & Other	9,098	5.24	5.21	3.71	0.41
Total Common Equity	13,470	7,666	6,458	5,524	4,815
Minority Interest	1.26	0	-	-	-
Shareholders' Equity	13,471	7,666	6,458	5,524	4,815
Total Liabilities & Equity	18,895	12,128	9,754	8,176	6,337
Total Debt	1,976	1,251	594.45	554.12	250.31
Net Cash (Debt)	3,069	1,573	1,091	1,149	3,340
Net Cash Growth	95.13%	44.09%	-5.00%	-65.60%	1906.91%
Net Cash Per Share	6.75	3.56	2.46	2.63	8.41
Filing Date Shares Outstanding	477.78	438.74	435.71	439.71	433.56
Total Common Shares Outstanding	477.78	438.74	435.71	439.71	433.56
Working Capital	11,654	5,967	4,711	3,904	4,543
Book Value Per Share	28.19	17.47	14.82	12.56	11.11
Tangible Book Value	13,333	7,572	6,367	5,437	4,750
Tangible Book Value Per Share	27.91	17.26	14.61	12.37	10.96
Buildings	-	960.85	588.59	249.75	-
Machinery	-	304.02	151.79	93.15	64.91
Construction In Progress	-	592.11	729.76	251.43	35.75

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.