Shenzhen Qingyi Photomask 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	799.27	354.79	342.88	224.12	154.86	218.15
Cash & Short-Term Investments	799.27	354.79	342.88	224.12	154.86	218.15
Cash Growth	67.71%	3.47%	52.99%	44.72%	-29.01%	-30.87%
Accounts Receivable	381.84	345.36	315.75	231.95	169.5	111.41
Other Receivables	1.14	0.98	1.89	2	2.6	3.64
Receivables	382.98	346.34	317.64	233.94	172.1	115.05
Inventory	259.42	200.8	170.01	143.43	87.37	60.39
Other Current Assets	85.46	13.99	13.98	4.69	4.31	77.84
Total Current Assets	1,527	915.92	844.5	606.18	418.65	471.43
Property, Plant & Equipment	1,761	1,240	1,105	1,071	1,058	897.81
Long-Term Investments	13	13	-	-	-	-
Other Intangible Assets	77.89	76.49	18.06	17.44	18.15	17.36
Long-Term Deferred Tax Assets	11.45	13.65	7.96	8.2	3.63	3.62
Long-Term Deferred Charges	0.09	0.17	-	-	-	-
Other Long-Term Assets	471.48	483.42	101.1	39.83	25.17	34.84
Total Assets	3,862	2,743	2,077	1,743	1,523	1,425
Accounts Payable	280.86	228	156.35	162.43	91.35	122.51
Accrued Expenses	19.47	20.92	13.58	12.38	16.94	13.56
Short-Term Debt	197.59	216.77	210.89	50	-	-
Current Portion of Long-Term Debt	169.48	55.24	87.36	39.22	28.94	-
Current Portion of Leases	-	1.04	0.06	0.19	0.08	-
Current Income Taxes Payable	5.66	5.75	9.72	1.4	2.06	2.11
Current Unearned Revenue	1.15	1.2	1.04	1.29	27.02	26.32
Other Current Liabilities	42.77	181.79	20.77	18.55	7.88	10.93
Total Current Liabilities	716.97	710.69	499.78	285.46	174.26	175.43
Long-Term Debt	289.83	418.11	77.84	79.26	79.95	36.12
Long-Term Leases	1.32	2.13	-	0.08	-	-
Long-Term Unearned Revenue	112.83	128.64	115.44	96.46	70.52	35.27
Total Liabilities	1,121	1,260	693.06	461.26	324.74	246.83
Common Stock	314.8	266.8	266.8	266.8	266.8	266.8
Additional Paid-In Capital	1,621	482.13	482.13	482.13	482.13	482.13
Retained Earnings	826.84	764.5	634.9	533.05	450.02	429.51
Treasury Stock	-30.02	-30.02	-	-	-	-
Comprehensive Income & Other	-0.2	-0.2	-0.2	-0.2	-0.2	-0.2
Shareholders' Equity	2,741	1,483	1,384	1,282	1,199	1,178
Total Liabilities & Equity	3,862	2,743	2,077	1,743	1,523	1,425
Total Debt	658.21	693.28	376.15	168.74	108.97	36.12
Net Cash (Debt)	141.05	-338.49	-33.27	55.37	45.89	182.02
Net Cash Growth	-	-	-	20.66%	-74.79%	-32.72%
Net Cash Per Share	0.50	-1.28	-0.12	0.21	0.18	0.69
Filing Date Shares Outstanding	313.08	313.08	266.8	266.8	266.8	266.8
Total Common Shares Outstanding	313.08	265.08	266.8	266.8	266.8	266.8
Working Capital	810.16	205.23	344.73	320.72	244.39	296
Book Value Per Share	8.73	5.60	5.19	4.80	4.49	4.42
Tangible Book Value	2,655	1,407	1,366	1,264	1,181	1,161
Tangible Book Value Per Share	8.48	5.31	5.12	4.74	4.43	4.35
Buildings	-	320.34	320.34	319.4	263.3	228.79
Machinery	-	1,531	1,468	1,276	1,174	674.48
Construction In Progress	-	238.26	44.09	36.98	135.58	438.95

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.