Pinming 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	97.06	148.46	237.27	259.73	107.03	183.3
Short-Term Investments	-	-	291.6	172.76	123.62	484.63
Trading Asset Securities	119.03	59	60.01	85.07	324.41	61.05
Cash & Short-Term Investments	216.09	207.46	588.87	517.57	555.06	728.98
Cash Growth	-15.87%	-64.77%	13.78%	-6.75%	-23.86%	268.15%
Accounts Receivable	222.82	235.54	298.34	316.1	308.69	218.67
Other Receivables	9.96	7.81	4.11	8.65	8.46	8.42
Receivables	232.78	243.35	302.45	324.75	317.16	227.1
Inventory	35.27	31.26	25.48	22.8	28.35	23.74
Other Current Assets	395.82	459.36	5.02	13.07	15.66	15.87
Total Current Assets	879.96	941.43	921.82	878.19	916.22	995.69
Property, Plant & Equipment	16.6	19.03	12.43	18.53	20.78	26.04
Long-Term Investments	-	-	4.27	-	-	-
Goodwill	1.61	1.61	1.61	1.61	1.61	1.61
Other Intangible Assets	1.48	1.72	2.51	3.69	3.24	3.34
Long-Term Deferred Tax Assets	5.86	6.03	8.1	7.44	4.63	2.77
Long-Term Deferred Charges	0.14	0.18	0.84	1.83	3.03	3.94
Other Long-Term Assets	-	0.13	-	-	-	-
Total Assets	905.64	970.14	951.58	911.28	949.5	1,033
Accounts Payable	45.7	52.57	47.18	32.31	31.41	27.57
Accrued Expenses	12.63	55.03	75.66	75.94	69.14	61.37
Current Portion of Long-Term Debt	4.48	5.49	-	-	-	-
Current Portion of Leases	-	-	1.3	7.51	5.99	8.27
Current Income Taxes Payable	1.67	7.83	-	-	-	0.11
Current Unearned Revenue	24.81	15.62	13.63	6.56	9.55	11.17
Other Current Liabilities	18.92	23.51	25.98	4.46	5.96	4.57
Total Current Liabilities	108.22	160.04	163.75	126.78	122.05	113.06
Long-Term Leases	4.2	5.46	2.4	3.88	6.24	10.43
Long-Term Deferred Tax Liabilities	-	-	0.6	1.43	-	0.1
Other Long-Term Liabilities	-	-	0.44	-	-	-
Total Liabilities	112.42	165.5	167.19	132.09	128.29	123.6
Common Stock	78.84	78.84	78.84	78.84	54.37	54.37
Additional Paid-In Capital	584.72	582.31	581.14	583.27	612.69	612.63
Retained Earnings	154.81	168.64	174.27	166.51	154.15	242.78
Treasury Stock	-25.15	-25.15	-49.86	-49.43	-	-
Comprehensive Income & Other	-0	-0	-	-	-	-
Total Common Equity	793.22	804.64	784.39	779.19	821.21	909.78
Shareholders' Equity	793.22	804.64	784.39	779.19	821.21	909.78
Total Liabilities & Equity	905.64	970.14	951.58	911.28	949.5	1,033
Total Debt	8.68	10.95	3.7	11.39	12.23	18.7
Net Cash (Debt)	207.41	196.51	585.17	506.18	542.83	710.28
Net Cash Growth	-17.18%	-66.42%	15.61%	-6.75%	-23.57%	258.71%
Net Cash Per Share	2.84	2.49	7.44	6.52	6.88	9.61
Filing Date Shares Outstanding	76.82	78	77.54	76.9	78.84	78.84
Total Common Shares Outstanding	76.82	78	77.54	76.9	78.84	78.84
Working Capital	771.74	781.39	758.06	751.41	794.17	882.63
Book Value Per Share	10.33	10.32	10.12	10.13	10.42	11.54
Tangible Book Value	790.14	801.31	780.27	773.9	816.37	904.83
Tangible Book Value Per Share	10.29	10.27	10.06	10.06	10.35	11.48
Buildings	-	-	6.66	3.39	3.39	-
Machinery	-	-	16.23	16.64	15.6	14.76

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