Shenzhen Laibao Hi-Tech Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	2,091	4,347	3,024	2,650	2,318
Trading Asset Securities	-	-	-	25.84	34.23
Cash & Short-Term Investments	2,091	4,347	3,024	2,676	2,352
Cash Growth	-51.89%	43.76%	13.00%	13.75%	17.45%
Accounts Receivable	1,448	1,529	1,409	1,417	2,000
Other Receivables	2.64	5.56	5.32	6.83	6.64
Receivables	1,451	1,535	1,414	1,423	2,007
Inventory	510.14	557.96	561.92	585.01	831.64
Other Current Assets	656.62	68.2	25.86	31.26	19.64
Total Current Assets	4,709	6,508	5,026	4,716	5,210
Property, Plant & Equipment	6,267	1,281	1,380	1,297	1,113
Long-Term Investments	61.05	54.23	50.64	13.4	11.65
Other Intangible Assets	96.09	99.84	104.69	86.78	89.68
Long-Term Deferred Tax Assets	129.5	92.99	74.66	71.55	63.35
Long-Term Deferred Charges	46.57	51.88	51.85	34.71	22.3
Other Long-Term Assets	79.04	1,358	18	28.46	21.97
Total Assets	11,389	9,446	6,706	6,247	6,532
Accounts Payable	1,301	982.26	976.25	787.25	1,349
Accrued Expenses	203.37	207.7	190.22	158.01	210.11
Current Portion of Long-Term Debt	14.62	-	-	-	-
Current Portion of Leases	5.69	6.62	6.4	6.59	6.35
Current Income Taxes Payable	3.67	12.91	23.25	28.05	20.2
Current Unearned Revenue	8.2	9.36	9.55	11.24	12.25
Other Current Liabilities	27.04	27.72	26.66	21.95	6.12
Total Current Liabilities	1,564	1,247	1,232	1,013	1,604
Long-Term Debt	1,446	-	-	-	-
Long-Term Leases	-	5.69	12.32	19.41	26.09
Long-Term Unearned Revenue	106.51	113.59	118.66	134.48	147.22
Other Long-Term Liabilities	2,199	2,165	122.98	96.56	73.91
Total Liabilities	5,316	3,531	1,486	1,264	1,851
Common Stock	705.82	705.82	705.82	705.82	705.82
Additional Paid-In Capital	2,038	2,038	2,038	2,038	2,038
Retained Earnings	2,966	2,791	2,593	2,358	2,062
Comprehensive Income & Other	-124.8	-121.61	-122.96	-124.24	-130.14
Total Common Equity	5,585	5,413	5,214	4,978	4,676
Minority Interest	488.22	501.66	6.09	5.8	5.27
Shareholders' Equity	6,073	5,915	5,220	4,984	4,681
Total Liabilities & Equity	11,389	9,446	6,706	6,247	6,532
Total Debt	1,466	12.32	18.71	26.01	32.44
Net Cash (Debt)	625.13	4,335	3,005	2,650	2,320
Net Cash Growth	-85.58%	44.25%	13.40%	14.22%	15.83%
Net Cash Per Share	0.89	6.14	4.26	3.75	3.29
Filing Date Shares Outstanding	705.82	705.82	705.82	705.82	705.82
Total Common Shares Outstanding	705.82	705.82	705.82	705.82	705.82
Working Capital	3,145	5,262	3,794	3,702	3,607
Book Value Per Share	7.91	7.67	7.39	7.05	6.62
Tangible Book Value	5,489	5,313	5,109	4,891	4,586
Tangible Book Value Per Share	7.78	7.53	7.24	6.93	6.50
Land	17.33	-	-	-	-
Buildings	897.04	896.27	608.13	608.13	608.13
Machinery	2,928	2,795	2,726	2,463	2,362
Construction In Progress	5,036	122.83	392.39	398.58	175.08

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