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 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	3,153	2,397	2,056	1,283	2,056	1,998
Short-Term Investments	-	-	150	-	-	0.2
Trading Asset Securities	598.2	1,094	693.97	723.8	267.7	1.73
Cash & Short-Term Investments	3,751	3,491	2,900	2,007	2,324	2,000
Cash Growth	26.25%	20.38%	44.49%	-13.65%	16.21%	-0.89%
Accounts Receivable	773.83	937.58	910.69	944.36	840.39	909.68
Other Receivables	47.99	35.45	27.28	22.17	89.86	74.19
Receivables	821.82	973.03	937.98	966.53	930.25	983.87
Inventory	2,148	2,107	2,020	2,124	2,108	2,345
Prepaid Expenses	-	9.62	8.8	4.26	0.43	0.13
Restricted Cash	-	-	-	275.13	11.28	1.69
Other Current Assets	117.16	78.38	144.58	192.72	171.44	110.21
Total Current Assets	6,837	6,659	6,011	5,570	5,545	5,441
Property, Plant & Equipment	6,128	6,233	6,619	6,929	6,489	6,054
Long-Term Investments	99.88	648.24	727.88	382.29	672.28	710.5
Goodwill	20.56	20.56	20.56	20.56	20.56	20.56
Other Intangible Assets	320.07	322.55	333.38	343.35	352.89	363.13
Long-Term Deferred Tax Assets	142.65	147.57	148.53	157.89	155.77	138.52
Long-Term Deferred Charges	-	2.97	5.63	1.82	2.95	0.67
Other Long-Term Assets	476.52	72.78	63.63	25.27	112	258.4
Total Assets	14,025	14,107	13,930	13,430	13,351	12,987
Accounts Payable	201.4	232.35	272.08	275.5	302.04	335.4
Accrued Expenses	272.78	320.95	329.81	311.36	352.59	292.69
Short-Term Debt	641.77	652.84	849.69	580.7	518.95	1,011
Current Portion of Long-Term Debt	-	1,854	12.68	88.93	300.8	8.5
Current Portion of Leases	-	16.09	15.11	7.28	7.12	0.38
Current Income Taxes Payable	-	37.23	27.1	14.35	7.85	8.17
Current Unearned Revenue	157.87	178.74	191.55	188.07	206.88	204.97
Other Current Liabilities	2,024	53.7	77.71	159.25	155.59	218.24
Total Current Liabilities	3,298	3,346	1,776	1,625	1,852	2,079
Long-Term Debt	161.44	247.91	1,906	1,737	1,625	2,080
Long-Term Leases	71.24	74.16	91.35	86.58	98.5	121.36
Long-Term Unearned Revenue	137.64	139.47	145.4	151.77	159.62	188.96
Pension & Post-Retirement Benefits	58.24	-	-	-	57.42	57.38
Long-Term Deferred Tax Liabilities	109.86	110.51	131.52	155.18	151.24	92.57
Other Long-Term Liabilities	-	58.24	58.49	57.28	-	-
Total Liabilities	3,837	3,977	4,108	3,813	3,943	4,620
Common Stock	817.5	817.31	817.31	863.61	887.63	882.34
Additional Paid-In Capital	-	178.93	178.52	249.15	294.88	253.65
Retained Earnings	8,728	8,635	8,205	8,023	7,706	6,804
Treasury Stock	-	-	-	-193.44	-154.4	-78.91
Comprehensive Income & Other	323.87	180.1	238.31	288.37	280.01	121.9
Total Common Equity	9,870	9,811	9,439	9,231	9,014	7,983
Minority Interest	318.55	319.04	382.84	386.66	393.75	383.81
Shareholders' Equity	10,188	10,130	9,822	9,617	9,408	8,367
Total Liabilities & Equity	14,025	14,107	13,930	13,430	13,351	12,987
Total Debt	874.44	2,845	2,874	2,500	2,550	3,222
Net Cash (Debt)	2,876	645.45	25.34	-493.14	-225.77	-1,222
Net Cash Growth	1868.20%	2447.53%	-	-	-	-
Net Cash Per Share	3.22	0.72	0.03	-0.51	-0.22	-1.27
Filing Date Shares Outstanding	851.86	817.31	817.31	863.61	887.63	917.04
Total Common Shares Outstanding	851.86	817.31	817.31	863.61	887.63	917.04
Working Capital	3,539	3,313	4,235	3,944	3,694	3,362
Book Value Per Share	11.59	12.00	11.55	10.69	10.16	8.71
Tangible Book Value	9,529	9,468	9,085	8,867	8,641	7,600
Tangible Book Value Per Share	11.19	11.58	11.12	10.27	9.73	8.29
Buildings	-	4,224	4,128	3,771	3,652	3,401
Machinery	-	8,084	8,160	7,642	7,577	7,151
Construction In Progress	-	90.16	95.03	868.5	199.94	237.58

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