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 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	192.66	377.02	227.4	315.09	137	136.36
Trading Asset Securities	23	29.01	10	11.03	46.18	10
Cash & Short-Term Investments	215.66	406.03	237.4	326.12	183.18	146.36
Cash Growth	28.28%	71.03%	-27.21%	78.03%	25.16%	-0.31%
Accounts Receivable	759.28	614.18	509.32	321.88	283.04	228.78
Other Receivables	10.89	7.36	7.99	6.6	6.77	4.21
Receivables	770.17	621.54	517.31	328.48	289.82	232.99
Inventory	344.6	359.97	361.47	423.98	422.22	332.7
Prepaid Expenses	-	0.08	0.01	0.01	0.32	-
Other Current Assets	133.05	104.34	80.05	90.54	96.4	94.17
Total Current Assets	1,463	1,492	1,196	1,169	991.93	806.22
Property, Plant & Equipment	360.77	346.72	328.35	340.25	326.75	191.39
Long-Term Investments	464.08	436.05	344.82	277.45	221.55	132.55
Goodwill	294.48	294.48	294.48	294.48	294.48	0.36
Other Intangible Assets	42.01	43.14	49.63	56.94	63.69	16.65
Long-Term Deferred Tax Assets	46.09	46.56	38.16	27.77	18.5	11.09
Long-Term Deferred Charges	1.83	1.86	2.5	2.37	1.12	0.99
Other Long-Term Assets	10.57	13.24	7.41	8.22	13.05	15.88
Total Assets	2,683	2,674	2,262	2,177	1,931	1,175
Accounts Payable	122.78	117.81	73.6	63.96	96.69	54.09
Accrued Expenses	4.05	28.36	15.14	15.47	23.58	6.06
Short-Term Debt	243.92	248.44	106.69	124.8	45.44	-
Current Portion of Long-Term Debt	59.47	47.79	33.66	7.15	-	-
Current Portion of Leases	-	11.68	10.68	7.07	8.3	7.25
Current Income Taxes Payable	4.77	8.44	7.62	9.43	9.33	1.64
Current Unearned Revenue	163.74	167.63	14.79	42.35	56.47	18.03
Other Current Liabilities	25.7	24.84	118.71	141.96	72.62	15.66
Total Current Liabilities	624.43	654.99	380.89	412.2	312.43	102.73
Long-Term Debt	144.78	140.51	125.75	114.22	98.72	-
Long-Term Leases	5.9	6.9	11.02	3.85	5.67	4.2
Long-Term Unearned Revenue	70.45	72.02	60.3	53.94	32.41	37.17
Long-Term Deferred Tax Liabilities	6.19	6.17	7.35	8.82	10.93	2.19
Other Long-Term Liabilities	20.93	21.03	25.2	118.17	125.12	-
Total Liabilities	872.68	901.61	610.51	711.19	585.28	146.29
Common Stock	240	240	240	240	240	240
Additional Paid-In Capital	496.53	496.53	480.74	445.04	433.26	309.84
Retained Earnings	703.35	672.26	606.13	548.11	463.87	391.65
Comprehensive Income & Other	5.51	5.51	-0.69	-0.66	-0.36	-0.09
Total Common Equity	1,445	1,414	1,326	1,232	1,137	941.4
Minority Interest	365.25	358.13	324.91	232.93	209.02	87.43
Shareholders' Equity	1,811	1,772	1,651	1,465	1,346	1,029
Total Liabilities & Equity	2,683	2,674	2,262	2,177	1,931	1,175
Total Debt	454.08	455.32	287.8	257.1	158.12	11.45
Net Cash (Debt)	-238.41	-49.29	-50.4	69.02	25.06	134.91
Net Cash Growth	-	-	-	175.43%	-81.42%	-8.11%
Net Cash Per Share	-1.00	-0.21	-0.21	0.29	0.10	0.55
Filing Date Shares Outstanding	239.21	240	240	240	240	240
Total Common Shares Outstanding	239.21	240	240	240	240	240
Working Capital	839.06	836.98	815.34	756.93	679.5	703.49
Book Value Per Share	6.04	5.89	5.53	5.14	4.74	3.92
Tangible Book Value	1,109	1,077	982.06	881.06	778.6	924.39
Tangible Book Value Per Share	4.64	4.49	4.09	3.67	3.24	3.85
Buildings	-	221.6	221.6	218.33	213.71	135.2
Machinery	-	507.93	423.35	421.46	357.4	272.6
Construction In Progress	-	23	2.55	2.88	23.73	6.73

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