Limin Group 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	759.24	768.73	666.12	806.57	764.17	970.17
Trading Asset Securities	124.84	102.74	105.13	10.47	7.04	122.1
Cash & Short-Term Investments	884.09	871.47	771.25	817.04	771.21	1,092
Cash Growth	31.76%	13.00%	-5.60%	5.94%	-29.39%	47.38%
Accounts Receivable	1,167	911.05	777.54	637.49	619.06	474.89
Other Receivables	4.79	6.42	5.34	12.67	17.17	14.9
Receivables	1,172	917.47	782.88	650.15	636.23	489.79
Inventory	576.45	696.27	763.15	765.59	977.45	1,066
Prepaid Expenses	-	-	-	-	-	0.16
Other Current Assets	140.47	140.73	125.81	111.23	154.86	282.4
Total Current Assets	2,773	2,626	2,443	2,344	2,540	2,930
Property, Plant & Equipment	2,919	2,971	3,242	3,347	3,368	2,620
Long-Term Investments	447.71	397.94	330.25	299.43	303.86	312.34
Goodwill	32.34	32.34	32.34	33.59	33.59	33.59
Other Intangible Assets	435.36	444.39	479.82	462.8	461.15	485.47
Long-Term Deferred Tax Assets	19.73	20.86	17.17	6.04	1.04	8.08
Long-Term Deferred Charges	24.14	24.86	30.88	39.32	22.1	12.93
Other Long-Term Assets	57.41	68.74	84.27	283.61	326.98	480.51
Total Assets	6,709	6,586	6,660	6,815	7,056	6,883
Accounts Payable	780.34	698.5	917.5	1,054	1,079	856.36
Accrued Expenses	60.43	130.9	134.44	107.73	199.51	200.74
Short-Term Debt	519.08	555.18	763.36	677.48	945.1	1,064
Current Portion of Long-Term Debt	234.88	320.41	309.63	340.72	60.57	83.55
Current Portion of Leases	-	1.29	0.75	0.51	0.24	-
Current Income Taxes Payable	39.58	26.78	17.16	2.98	6.43	6.98
Current Unearned Revenue	128.9	193.14	257.63	231.46	355.44	368.31
Other Current Liabilities	286.12	246.2	263.85	243.69	248.23	267.32
Total Current Liabilities	2,049	2,172	2,664	2,658	2,894	2,847
Long-Term Debt	432	331	1,239	1,251	1,208	1,024
Long-Term Leases	2.91	2.84	2.61	0.74	0.78	-
Long-Term Unearned Revenue	27.04	28.52	30.24	33.23	35.8	34.25
Long-Term Deferred Tax Liabilities	10.03	9.45	27.63	41.47	62.39	92.44
Other Long-Term Liabilities	1.05	1.05	1.03	14.82	14.83	7.12
Total Liabilities	2,522	2,545	3,965	4,000	4,216	4,004
Common Stock	475.84	475.84	366.87	366.86	372.57	372.56
Additional Paid-In Capital	1,777	1,777	829.99	829.69	851.11	911.85
Retained Earnings	1,866	1,733	1,358	1,400	1,431	1,322
Treasury Stock	-30	-30	-100	-	-24.81	-54.28
Comprehensive Income & Other	8.11	5.07	188.02	176.75	168.79	149.12
Total Common Equity	4,096	3,961	2,643	2,773	2,798	2,701
Minority Interest	89.97	80.31	52.7	41.81	41.67	177.49
Shareholders' Equity	4,186	4,041	2,696	2,815	2,840	2,879
Total Liabilities & Equity	6,709	6,586	6,660	6,815	7,056	6,883
Total Debt	1,189	1,211	2,315	2,271	2,215	2,171
Net Cash (Debt)	-304.79	-339.24	-1,544	-1,454	-1,443	-1,079
Net Cash Per Share	-0.70	-0.83	-4.18	-3.98	-3.56	-2.74
Filing Date Shares Outstanding	471.97	471.62	352.82	366.86	341.46	368.2
Total Common Shares Outstanding	471.97	471.62	352.82	366.86	341.46	368.2
Working Capital	723.95	453.55	-221.23	-314.42	-354.44	83.44
Book Value Per Share	8.68	8.40	7.49	7.56	8.20	7.34
Tangible Book Value	3,629	3,484	2,131	2,277	2,304	2,182
Tangible Book Value Per Share	7.69	7.39	6.04	6.21	6.75	5.93
Buildings	-	1,841	1,828	1,663	1,579	1,229
Machinery	-	3,444	3,462	3,254	2,449	2,042
Construction In Progress	-	48.43	36.51	156	806.75	606.87

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