Suzhou Mingzhi 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	57.2	63.49	117.87	188.96	135.57	167.96
Short-Term Investments	-	-	-	11.02	-	-
Trading Asset Securities	226.42	201.3	433.21	390.06	527.63	564.44
Cash & Short-Term Investments	283.61	264.79	551.08	590.04	663.19	732.4
Cash Growth	-49.96%	-51.95%	-6.60%	-11.03%	-9.45%	316.12%
Accounts Receivable	145.99	209.98	166.43	161.56	217.7	242.63
Other Receivables	1.13	0.5	0.57	0.31	0.75	1.09
Receivables	147.12	210.48	167	161.87	218.45	243.72
Inventory	126.55	123.24	139.37	179.96	215.64	163.34
Other Current Assets	114.1	14.3	11.84	16.87	27.3	24.38
Total Current Assets	671.39	612.82	869.28	948.74	1,125	1,164
Property, Plant & Equipment	286.47	295.95	326.94	354.39	253.82	188.59
Long-Term Investments	5.64	436.82	69.01	21.24	11.52	0.9
Other Intangible Assets	31.12	31.9	29.52	26.93	26.24	19.27
Long-Term Deferred Tax Assets	6.86	7.1	10.53	13.45	9.05	5.56
Long-Term Deferred Charges	11.47	11.91	13.15	12.54	3.98	2.39
Other Long-Term Assets	417.38	2.14	6.26	8.83	33.35	24.53
Total Assets	1,430	1,399	1,325	1,386	1,463	1,405
Accounts Payable	131.5	125.23	99.64	107.83	129.76	151.24
Accrued Expenses	1.98	12.5	9.26	10.79	6.7	18.54
Short-Term Debt	34.06	-	38.18	73.27	153.95	36.19
Current Portion of Long-Term Debt	-	-	-	-	0.08	18.79
Current Portion of Leases	27.32	2.74	0.87	2.52	0.73	0.09
Current Income Taxes Payable	0.73	-	-	-	-	9.84
Current Unearned Revenue	116.04	125.87	61.88	106.44	74.19	57.63
Other Current Liabilities	8.55	27.49	4.32	5.29	8.31	27.89
Total Current Liabilities	320.18	293.84	214.15	306.15	373.71	320.21
Long-Term Leases	-	-	-	-	2.48	0.08
Long-Term Unearned Revenue	3.42	3.59	3.4	3.81	3.87	4.02
Other Long-Term Liabilities	-	-	22.24	16.93	12.58	6.9
Total Liabilities	323.6	297.42	239.79	326.89	392.64	331.21
Common Stock	123.96	123.96	123.96	123.96	123.96	123.08
Additional Paid-In Capital	675.7	675.62	677.59	681.54	677.34	655.97
Retained Earnings	323.44	320.23	295.88	284.77	276.25	288.57
Treasury Stock	-13.29	-13.29	-13.29	-30.41	-11.39	-
Comprehensive Income & Other	-2.6	-4.91	0.77	-0.63	3.77	6.25
Total Common Equity	1,107	1,102	1,085	1,059	1,070	1,074
Minority Interest	-0.49	-0.39	-	-	-	-
Shareholders' Equity	1,107	1,101	1,085	1,059	1,070	1,074
Total Liabilities & Equity	1,430	1,399	1,325	1,386	1,463	1,405
Total Debt	61.38	2.74	39.06	75.79	157.24	55.15
Net Cash (Debt)	222.23	262.05	512.02	514.25	505.96	677.26
Net Cash Growth	-58.58%	-48.82%	-0.43%	1.64%	-25.29%	726.16%
Net Cash Per Share	1.86	2.13	4.17	4.21	4.10	6.15
Filing Date Shares Outstanding	123.42	123.42	123.42	122.73	123.45	123.08
Total Common Shares Outstanding	123.42	123.42	123.42	122.73	123.45	123.08
Working Capital	351.21	318.98	655.13	642.6	750.87	843.63
Book Value Per Share	8.97	8.93	8.79	8.63	8.67	8.73
Tangible Book Value	1,076	1,070	1,055	1,032	1,044	1,055
Tangible Book Value Per Share	8.72	8.67	8.55	8.41	8.45	8.57
Buildings	-	168.44	156.38	156.35	89.5	86.16
Machinery	-	399.17	400.44	367.65	291.37	247.84
Construction In Progress	-	1.17	3.83	23.12	42.08	7.12