MLOptic 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	231.97	272.71	188.39	177.21	82.42	101.86
Short-Term Investments	-	142.59	20.04	31.96	-	-
Trading Asset Securities	390.35	383.19	70.76	306.67	13	0.08
Cash & Short-Term Investments	622.32	798.5	279.19	515.84	95.42	101.95
Cash Growth	122.99%	186.01%	-45.88%	440.58%	-6.40%	5.86%
Accounts Receivable	210.22	198.51	128.63	99.31	69.96	52.93
Other Receivables	2.08	1.96	2.22	2.24	1.57	1.88
Receivables	212.3	200.47	130.85	101.55	71.54	54.81
Inventory	265.05	244.71	203.02	159.8	123.78	111.82
Other Current Assets	157.75	23.33	17.09	10.14	16.33	15.08
Total Current Assets	1,257	1,267	630.15	787.33	307.07	283.65
Property, Plant & Equipment	733.11	726.58	626.31	355.76	224.27	144.9
Long-Term Investments	18.37	18.37	18.59	-	-	-
Other Intangible Assets	78.25	78.1	79.77	69.38	23.73	23.54
Long-Term Deferred Tax Assets	26.04	21.51	13.44	8.5	6.69	6.98
Long-Term Deferred Charges	7.12	6.84	7.15	6	12.11	14.78
Other Long-Term Assets	34.05	17.38	85.16	129.06	10.31	15.85
Total Assets	2,154	2,136	1,461	1,356	584.18	489.69
Accounts Payable	138.84	110.13	91.34	62.46	44.03	42.26
Accrued Expenses	25.06	57.16	26.52	31.71	31.86	18.49
Short-Term Debt	162.07	102.09	95.26	22.01	25.06	51.81
Current Portion of Long-Term Debt	3.15	0.56	0.42	-	15.56	2.72
Current Portion of Leases	-	2.67	4.1	3.41	7.55	4.6
Current Income Taxes Payable	4.76	1.31	2.8	5.03	1.02	0.35
Current Unearned Revenue	12.08	11.53	5.2	5.46	11.35	20.03
Other Current Liabilities	3.96	31.27	26.91	18.6	23.74	2.82
Total Current Liabilities	349.92	316.72	252.54	148.67	160.18	143.07
Long-Term Debt	519.48	524.5	23.69	-	44.77	19
Long-Term Leases	5.12	3.29	2.59	3.6	5.26	4.54
Long-Term Unearned Revenue	10.73	11.42	9.65	11.5	9.95	14.02
Long-Term Deferred Tax Liabilities	10.56	11.64	0.37	1.31	0	-
Other Long-Term Liabilities	0.69	0.51	-	-	-	-
Total Liabilities	896.5	868.08	288.84	165.08	220.17	180.62
Common Stock	52.8	52.8	52.8	52.8	39.6	39.6
Additional Paid-In Capital	893.55	889.42	889.42	883.67	79.7	73.88
Retained Earnings	273.32	284.43	255.97	254.47	244.7	195.59
Treasury Stock	-26.93	-26.93	-26.93	-	-	-
Comprehensive Income & Other	65.11	67.99	0.48	0.02	-	-
Shareholders' Equity	1,258	1,268	1,172	1,191	364.01	309.07
Total Liabilities & Equity	2,154	2,136	1,461	1,356	584.18	489.69
Total Debt	689.82	633.11	126.06	29.02	98.21	82.66
Net Cash (Debt)	-67.51	165.39	153.13	486.82	-2.78	19.29
Net Cash Growth	-	8.01%	-68.55%	-	-	10.07%
Net Cash Per Share	-1.28	3.15	2.91	9.83	-0.07	0.49
Filing Date Shares Outstanding	52.54	52.55	52.55	52.8	52.8	39.6
Total Common Shares Outstanding	52.54	52.55	52.55	52.8	39.6	39.6
Working Capital	907.5	950.28	377.61	638.66	146.89	140.59
Book Value Per Share	23.94	24.12	22.30	22.56	9.19	7.80
Tangible Book Value	1,180	1,190	1,092	1,122	340.28	285.53
Tangible Book Value Per Share	22.45	22.64	20.78	21.24	8.59	7.21
Buildings	-	253.85	185.13	97.23	26.48	26.48
Machinery	-	672.33	431.66	279.52	222.98	184.72
Construction In Progress	-	27.13	170.35	104.08	78.5	21.19

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