Shenzhen Longtu Photomask 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	193.29	178.11	51.61	212.44	242.9	19.65
Short-Term Investments	-	50.04	-	-	-	-
Trading Asset Securities	-	60.14	330.36	-	-	-
Cash & Short-Term Investments	193.29	288.29	381.97	212.44	242.9	19.65
Cash Growth	6.91%	-24.53%	79.80%	-12.54%	1136.42%	1188.70%
Accounts Receivable	102.34	91.47	86.26	75.44	64.34	41.97
Other Receivables	0.52	93.88	57.99	0.47	-	0.03
Receivables	102.86	185.35	144.24	75.91	64.34	42
Inventory	12.91	11.77	11.56	8.57	8.08	5.18
Other Current Assets	115.22	0.35	3.61	9.8	2.24	1.06
Total Current Assets	424.28	485.76	541.38	306.72	317.56	67.88
Property, Plant & Equipment	1,072	893.46	664.74	232.48	148.02	85.4
Other Intangible Assets	17.17	17.68	17.29	16.76	15.55	0.79
Long-Term Deferred Tax Assets	17.63	14.99	5.54	3.29	2.3	1.27
Long-Term Deferred Charges	3.16	3.24	2.79	3.15	1.94	2.08
Other Long-Term Assets	26.04	131.7	81.41	69.17	28.46	9.69
Total Assets	1,561	1,547	1,313	631.59	513.82	167.12
Accounts Payable	12.83	16.63	13.48	11.47	11.79	14.49
Accrued Expenses	3.11	15.56	10.26	8.97	4.26	2.33
Short-Term Debt	21.74	21.73	0.35	-	-	12.81
Current Portion of Long-Term Debt	27.45	17.65	-	-	-	-
Current Portion of Leases	-	1.66	0.81	0.82	0.95	0.63
Current Income Taxes Payable	4.46	3.12	4.54	3.46	2.91	2.34
Current Unearned Revenue	1.06	1.16	0.81	1.35	1.05	1.34
Other Current Liabilities	33.08	31.46	65.83	41.49	17.92	30.2
Total Current Liabilities	103.72	108.96	96.08	67.56	38.87	64.16
Long-Term Debt	222.03	213.68	-	-	-	-
Long-Term Leases	1.36	1.72	1.94	2.78	3.52	4.18
Long-Term Unearned Revenue	10.06	10.56	11.27	6.02	4.47	1.07
Long-Term Deferred Tax Liabilities	-	-	-	1.98	2.29	0.69
Total Liabilities	337.18	334.92	109.29	78.34	49.16	70.1
Common Stock	133.5	133.5	133.5	100.13	100.13	21.6
Additional Paid-In Capital	870.64	869.3	863.95	338.53	333.56	4.34
Retained Earnings	219.32	209.11	206.42	114.59	30.98	71.08
Shareholders' Equity	1,223	1,212	1,204	553.24	464.66	97.02
Total Liabilities & Equity	1,561	1,547	1,313	631.59	513.82	167.12
Total Debt	272.58	256.44	3.1	3.6	4.48	17.63
Net Cash (Debt)	-79.29	31.85	378.87	208.84	238.43	2.02
Net Cash Growth	-	-91.59%	81.41%	-12.41%	11701.36%	32.53%
Net Cash Per Share	-0.60	0.24	3.42	2.10	2.48	0.09
Filing Date Shares Outstanding	127.69	133.5	133.5	100.13	100.13	21.6
Total Common Shares Outstanding	127.69	133.5	133.5	100.13	100.13	21.6
Working Capital	320.56	376.79	445.3	239.17	278.68	3.73
Book Value Per Share	9.58	9.08	9.02	5.53	4.64	4.49
Tangible Book Value	1,206	1,194	1,187	536.48	449.11	96.23
Tangible Book Value Per Share	9.45	8.95	8.89	5.36	4.49	4.46
Buildings	-	151.58	-	-	-	-
Machinery	-	581.07	184.75	183.26	166.11	97.53
Construction In Progress	-	252.25	541.12	92.76	12.25	8.41

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