Changchun UP Optotech 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	155.54	227.4	315.09	137	136.36	146.81
Trading Asset Securities	14	10	11.03	46.18	10	-
Cash & Short-Term Investments	169.54	237.4	326.12	183.18	146.36	146.81
Cash Growth	33.91%	-27.21%	78.03%	25.16%	-0.31%	15.24%
Accounts Receivable	641.41	509.32	321.88	283.04	228.78	216.47
Other Receivables	12.26	7.99	6.6	6.77	4.21	2.9
Receivables	653.67	517.31	328.48	289.82	232.99	219.36
Inventory	427.63	361.47	423.98	422.22	332.7	290.77
Prepaid Expenses	-	0.01	0.01	0.32	-	1.49
Other Current Assets	131.56	80.05	90.54	96.4	94.17	84.95
Total Current Assets	1,382	1,196	1,169	991.93	806.22	743.39
Property, Plant & Equipment	338.43	328.35	340.25	326.75	191.39	183.27
Long-Term Investments	388.1	344.82	277.45	221.55	132.55	113.66
Goodwill	294.48	294.48	294.48	294.48	0.36	0.36
Other Intangible Assets	52.38	49.63	56.94	63.69	16.65	18.96
Long-Term Deferred Tax Assets	38.16	38.16	27.77	18.5	11.09	9.12
Long-Term Deferred Charges	2.31	2.5	2.37	1.12	0.99	0.78
Other Long-Term Assets	5.82	7.41	8.22	13.05	15.88	9.35
Total Assets	2,502	2,262	2,177	1,931	1,175	1,079
Accounts Payable	92.77	73.6	63.96	96.69	54.09	41.9
Accrued Expenses	12.01	15.13	15.47	23.58	6.06	7.89
Short-Term Debt	235.95	106.69	124.8	45.44	-	-
Current Portion of Long-Term Debt	-	33.66	7.15	-	-	-
Current Portion of Leases	44.34	10.68	7.07	8.3	7.25	-
Current Income Taxes Payable	11.79	7.62	9.43	9.33	1.64	0.46
Current Unearned Revenue	97.13	14.79	42.35	56.47	18.03	10.59
Other Current Liabilities	24.44	118.72	141.96	72.62	15.66	12.1
Total Current Liabilities	518.45	380.89	412.2	312.43	102.73	72.94
Long-Term Debt	160.5	125.75	114.22	98.72	-	-
Long-Term Leases	11.02	11.02	3.85	5.67	4.2	-
Long-Term Unearned Revenue	68.97	60.3	53.94	32.41	37.17	31.61
Long-Term Deferred Tax Liabilities	7.35	7.35	8.82	10.93	2.19	2.49
Other Long-Term Liabilities	25.1	25.2	118.17	125.12	-	-
Total Liabilities	791.39	610.51	711.19	585.28	146.29	107.04
Common Stock	240	240	240	240	240	240
Additional Paid-In Capital	488.25	480.74	445.04	433.26	309.84	252.35
Retained Earnings	629.78	606.13	548.11	463.87	391.65	392.2
Comprehensive Income & Other	3.49	-0.69	-0.66	-0.36	-0.09	3.01
Total Common Equity	1,362	1,326	1,232	1,137	941.4	887.56
Minority Interest	349.18	324.91	232.93	209.02	87.43	84.29
Shareholders' Equity	1,711	1,651	1,465	1,346	1,029	971.85
Total Liabilities & Equity	2,502	2,262	2,177	1,931	1,175	1,079
Total Debt	451.82	287.8	257.1	158.12	11.45	-
Net Cash (Debt)	-282.28	-50.4	69.02	25.06	134.91	146.81
Net Cash Growth	-	-	175.43%	-81.42%	-8.11%	21.68%
Net Cash Per Share	-1.19	-0.21	0.29	0.10	0.55	0.60
Filing Date Shares Outstanding	240	240	240	240	240	240
Total Common Shares Outstanding	240	240	240	240	240	240
Working Capital	863.95	815.34	756.93	679.5	703.49	670.44
Book Value Per Share	5.67	5.53	5.14	4.74	3.92	3.70
Tangible Book Value	1,015	982.06	881.06	778.6	924.39	868.24
Tangible Book Value Per Share	4.23	4.09	3.67	3.24	3.85	3.62
Buildings	-	221.6	218.33	213.71	135.2	135.2
Machinery	-	423.35	421.46	357.4	272.6	258.13
Construction In Progress	-	2.55	2.88	23.73	6.73	1.97

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