Suzhou Mingzhi Technology 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	-	117.87	188.96	135.57	167.96
Short-Term Investments	-	-	11.02	-	-
Trading Asset Securities	-	433.21	390.06	527.63	564.44
Cash & Short-Term Investments	656.32	551.08	590.04	663.19	732.4
Cash Growth	19.10%	-6.60%	-11.03%	-9.45%	316.12%
Accounts Receivable	-	166.43	161.56	217.7	242.63
Other Receivables	-	0.57	0.31	0.75	1.09
Receivables	-	167	161.87	218.45	243.72
Inventory	-	139.37	179.96	215.64	163.34
Other Current Assets	-	11.84	16.87	27.3	24.38
Total Current Assets	-	869.28	948.74	1,125	1,164
Property, Plant & Equipment	-	326.94	354.39	253.82	188.59
Long-Term Investments	-	69.01	21.24	11.52	0.9
Other Intangible Assets	-	29.52	26.93	26.24	19.27
Long-Term Deferred Tax Assets	-	10.53	13.45	9.05	5.56
Long-Term Deferred Charges	-	13.15	12.54	3.98	2.39
Other Long-Term Assets	-	6.26	8.83	33.35	24.53
Total Assets	-	1,325	1,386	1,463	1,405
Accounts Payable	-	99.64	107.83	129.76	151.24
Accrued Expenses	-	9.26	10.79	6.7	18.54
Short-Term Debt	-	38.18	73.27	153.95	36.19
Current Portion of Long-Term Debt	-	-	-	0.08	18.79
Current Portion of Leases	-	0.87	2.52	0.73	0.09
Current Income Taxes Payable	-	-	-	-	9.84
Current Unearned Revenue	-	61.88	106.44	74.19	57.63
Other Current Liabilities	-	4.32	5.29	8.31	27.89
Total Current Liabilities	-	214.15	306.15	373.71	320.21
Long-Term Leases	-	-	-	2.48	0.08
Long-Term Unearned Revenue	-	3.4	3.81	3.87	4.02
Other Long-Term Liabilities	-	22.24	16.93	12.58	6.9
Total Liabilities	-	239.79	326.89	392.64	331.21
Common Stock	-	123.96	123.96	123.96	123.08
Additional Paid-In Capital	-	677.59	681.54	677.34	655.97
Retained Earnings	-	295.88	284.77	276.25	288.57
Treasury Stock	-	-13.29	-30.41	-11.39	-
Comprehensive Income & Other	-	0.77	-0.63	3.77	6.25
Total Common Equity	1,065	1,085	1,059	1,070	1,074
Shareholders' Equity	1,065	1,085	1,059	1,070	1,074
Total Liabilities & Equity	-	1,325	1,386	1,463	1,405
Total Debt	-	39.06	75.79	157.24	55.15
Net Cash (Debt)	656.32	512.02	514.25	505.96	677.26
Net Cash Growth	28.18%	-0.43%	1.64%	-25.29%	726.16%
Net Cash Per Share	5.35	4.17	4.21	4.10	6.15
Filing Date Shares Outstanding	122.82	123.42	122.73	123.45	123.08
Total Common Shares Outstanding	123.42	123.42	122.73	123.45	123.08
Working Capital	-	655.13	642.6	750.87	843.63
Book Value Per Share	8.63	8.79	8.63	8.67	8.73
Tangible Book Value	1,037	1,055	1,032	1,044	1,055
Tangible Book Value Per Share	8.40	8.55	8.41	8.45	8.57
Buildings	-	156.38	156.35	89.5	86.16
Machinery	-	400.44	367.65	291.37	247.84
Construction In Progress	-	3.83	23.12	42.08	7.12

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