Lu Thai Textile 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	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	1,888	2,056	1,283	2,056	1,998	1,398
Short-Term Investments	-	150.2	0.2	0.2	0.2	351.58
Trading Asset Securities	1,392	693.97	723.8	267.7	1.73	268.46
Cash & Short-Term Investments	3,280	2,900	2,007	2,324	2,000	2,018
Cash Growth	26.12%	44.49%	-13.65%	16.22%	-0.89%	116.39%
Accounts Receivable	834.57	910.69	944.36	840.39	909.68	760.57
Other Receivables	25	27.28	22.17	89.86	74.19	151.46
Receivables	859.56	937.98	966.53	930.25	983.87	912.03
Inventory	2,157	2,020	2,124	2,108	2,345	1,989
Prepaid Expenses	-	8.8	4.26	0.43	0.13	3.66
Restricted Cash	-	-	275.13	11.28	1.69	2.66
Other Current Assets	331.88	144.38	192.52	171.24	110.21	97.8
Total Current Assets	6,628	6,011	5,570	5,545	5,441	5,023
Property, Plant & Equipment	6,331	6,619	6,929	6,489	6,054	5,980
Long-Term Investments	191.08	727.88	382.29	672.28	710.5	295
Goodwill	20.56	20.56	20.56	20.56	20.56	20.56
Other Intangible Assets	325.16	333.38	343.35	352.89	363.13	373.54
Long-Term Deferred Tax Assets	139.37	148.53	157.89	155.77	138.52	122.87
Long-Term Deferred Charges	3.24	5.63	1.82	2.95	0.67	118.34
Other Long-Term Assets	529.97	63.63	25.27	112	258.4	196.71
Total Assets	14,168	13,930	13,430	13,351	12,987	12,130
Accounts Payable	197	272.08	275.5	302.04	335.4	243.26
Accrued Expenses	262.99	329.81	311.36	352.59	292.69	290.16
Short-Term Debt	793.24	849.69	580.7	518.95	1,011	930.87
Current Portion of Long-Term Debt	28.53	12.68	88.93	300.8	8.5	43.15
Current Portion of Leases	-	15.11	7.28	7.12	0.38	-
Current Income Taxes Payable	46.61	27.1	14.35	7.85	8.17	11.53
Current Unearned Revenue	160.52	191.55	188.07	206.88	204.97	141.34
Other Current Liabilities	132.01	77.71	159.25	155.59	218.24	210.58
Total Current Liabilities	1,621	1,776	1,625	1,852	2,079	1,871
Long-Term Debt	2,079	1,906	1,737	1,625	2,080	1,846
Long-Term Leases	77.09	91.35	86.58	98.5	121.36	-
Long-Term Unearned Revenue	141.3	145.4	151.77	159.62	188.96	173.86
Pension & Post-Retirement Benefits	58.49	-	-	57.42	57.38	-
Long-Term Deferred Tax Liabilities	121.01	131.52	155.18	151.24	92.57	85.63
Other Long-Term Liabilities	-	58.49	57.28	-	-	62.14
Total Liabilities	4,098	4,108	3,813	3,943	4,620	4,038
Common Stock	817.31	817.31	863.61	887.63	882.34	858.13
Additional Paid-In Capital	178.93	125.36	249.15	294.88	253.65	197.7
Retained Earnings	8,544	8,205	8,023	7,706	6,804	6,501
Treasury Stock	-	-	-193.44	-154.4	-78.91	-
Comprehensive Income & Other	213.19	291.47	288.37	280.01	121.9	130.91
Total Common Equity	9,753	9,439	9,231	9,014	7,983	7,688
Minority Interest	317.35	382.84	386.66	393.75	383.81	404.1
Shareholders' Equity	10,071	9,822	9,617	9,408	8,367	8,092
Total Liabilities & Equity	14,168	13,930	13,430	13,351	12,987	12,130
Total Debt	2,978	2,874	2,500	2,550	3,222	2,820
Net Cash (Debt)	302.23	25.54	-492.94	-225.57	-1,222	-801.86
Net Cash Per Share	0.33	0.03	-0.51	-0.22	-1.27	-0.91
Filing Date Shares Outstanding	817.31	817.31	863.61	887.63	917.04	858.13
Total Common Shares Outstanding	817.31	817.31	863.61	887.63	917.04	858.13
Working Capital	5,007	4,235	3,944	3,694	3,362	3,152
Book Value Per Share	11.93	11.55	10.69	10.16	8.71	8.96
Tangible Book Value	9,408	9,085	8,867	8,641	7,600	7,293
Tangible Book Value Per Share	11.51	11.12	10.27	9.73	8.29	8.50
Buildings	-	4,128	3,771	3,652	3,401	3,322
Machinery	-	8,160	7,642	7,577	7,151	6,966
Construction In Progress	-	95.03	868.5	199.94	237.58	356.27

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.