CETC Lantian Technology 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	778.56	1,993	2,415	2,788
Trading Asset Securities	98.04	104.7	99.07	92.96
Cash & Short-Term Investments	876.61	2,098	2,514	2,881
Cash Growth	-	-16.57%	-12.72%	-
Accounts Receivable	2,758	2,407	2,112	1,375
Other Receivables	26.26	3.62	5.61	4.94
Receivables	2,784	2,410	2,117	1,380
Inventory	2,253	1,583	1,360	1,137
Other Current Assets	155.03	97.28	99.34	105.42
Total Current Assets	6,069	6,188	6,091	5,503
Property, Plant & Equipment	890.8	807.76	770.17	692.59
Long-Term Investments	143.9	129.05	126.67	124.85
Other Intangible Assets	42.15	15.03	16.25	6.34
Long-Term Deferred Tax Assets	97.39	77.28	52.01	35.43
Long-Term Deferred Charges	16.81	15.75	14.95	11
Other Long-Term Assets	54.14	44.5	37.52	38.18
Total Assets	7,314	7,278	7,109	6,411
Accounts Payable	2,499	2,621	2,475	1,569
Accrued Expenses	404.32	134.1	178.29	253.8
Short-Term Debt	29.44	27.66	-	-
Current Portion of Leases	90.17	70.94	49.98	44.17
Current Income Taxes Payable	10.24	54.93	40.21	21.26
Current Unearned Revenue	164.35	189.24	540.17	751.97
Other Current Liabilities	249.86	459.98	334.86	405.18
Total Current Liabilities	3,461	3,558	3,619	3,045
Long-Term Leases	8.41	49.14	35.32	66.05
Long-Term Unearned Revenue	145.25	127.09	74.31	56.04
Other Long-Term Liabilities	0.59	-	4.3	4.3
Total Liabilities	3,659	3,735	3,733	3,171
Common Stock	1,563	1,563	1,563	1,563
Additional Paid-In Capital	1,217	1,217	1,216	1,217
Retained Earnings	819.17	708.54	547.57	415.67
Comprehensive Income & Other	35.16	27.11	22.36	17.75
Total Common Equity	3,634	3,516	3,350	3,214
Minority Interest	20.68	27.33	26.56	26.13
Shareholders' Equity	3,655	3,543	3,376	3,240
Total Liabilities & Equity	7,314	7,278	7,109	6,411
Total Debt	185.61	147.75	85.3	110.22
Net Cash (Debt)	690.99	1,950	2,429	2,771
Net Cash Growth	-	-19.72%	-12.33%	-
Net Cash Per Share	0.44	1.25	1.55	1.77
Filing Date Shares Outstanding	1,563	1,563	1,563	1,564
Total Common Shares Outstanding	1,563	1,563	1,563	1,564
Working Capital	2,608	2,630	2,472	2,458
Book Value Per Share	2.32	2.25	2.14	2.06
Tangible Book Value	3,592	3,501	3,333	3,208
Tangible Book Value Per Share	2.30	2.24	2.13	2.05
Buildings	241.11	252.41	252.41	24.94
Machinery	651.86	611.07	550.86	248.8
Construction In Progress	187.26	56.8	38.89	417.51

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