MeiG Smart Technology 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	321.19	349.88	148.51	85.12	191.25	217.75
Cash & Short-Term Investments	321.19	349.88	148.51	85.12	191.25	217.75
Cash Growth	30.77%	135.59%	74.48%	-55.49%	-12.17%	14.06%
Accounts Receivable	788.16	1,026	697.85	425.42	339.61	244.42
Other Receivables	11.64	236.39	214.79	212.37	218.28	62.01
Receivables	799.8	1,262	912.64	637.8	557.89	306.43
Inventory	812.16	650.55	526.32	490.39	395.56	215.77
Other Current Assets	442.38	17.73	17.81	55.75	62.06	72.61
Total Current Assets	2,376	2,281	1,605	1,269	1,207	812.56
Property, Plant & Equipment	23.63	27.03	45.31	65.37	64.01	20.95
Long-Term Investments	232.98	237.63	294.3	264.94	135.1	67.44
Other Intangible Assets	104.73	109.08	118.67	75.45	48.6	30.6
Long-Term Accounts Receivable	-	-	-	-	-	12.3
Long-Term Deferred Tax Assets	89.7	88.41	59.56	41.57	46.9	30.84
Long-Term Deferred Charges	18.9	13.93	18.51	9.88	1.08	3.71
Other Long-Term Assets	5.2	2.87	3.09	0.45	0.15	0.17
Total Assets	2,851	2,760	2,145	1,727	1,503	978.56
Accounts Payable	571.11	579.92	485.88	331.38	272.74	247.64
Accrued Expenses	16.23	59.11	21.55	20.03	19.43	14.73
Short-Term Debt	348.18	352.61	5.02	260.6	290.52	20
Current Portion of Long-Term Debt	-	-	-	50.12	-	-
Current Portion of Leases	6.29	8.59	16.47	16.81	15.87	-
Current Income Taxes Payable	13.3	8.31	4.71	2.89	1.13	0.08
Current Unearned Revenue	125.09	109.34	52.33	67.45	73.05	51.03
Other Current Liabilities	63.12	50.03	38.48	48.17	101.25	61.2
Total Current Liabilities	1,143	1,168	624.45	797.45	774	394.68
Long-Term Debt	-	-	-	60	-	-
Long-Term Leases	3.87	1.42	9.3	27.08	24.76	-
Long-Term Unearned Revenue	3.88	3.88	3.88	0.95	2.52	2.12
Long-Term Deferred Tax Liabilities	18.28	19.24	27.31	20.97	10	-
Total Liabilities	1,169	1,192	664.93	906.45	811.28	396.8
Common Stock	262.63	261.8	261.64	239.67	184.73	184.54
Additional Paid-In Capital	822.5	798.13	783.84	197.81	239.91	216.59
Retained Earnings	662.3	583.06	475.84	437.22	334.2	219.71
Treasury Stock	-67.04	-79.29	-42	-56.6	-68.77	-38.69
Comprehensive Income & Other	0.94	3.41	1.53	1.32	-0.82	-0.39
Total Common Equity	1,681	1,567	1,481	819.42	689.26	581.76
Minority Interest	-	-	-1.07	0.83	2.05	-
Shareholders' Equity	1,681	1,567	1,480	820.25	691.31	581.76
Total Liabilities & Equity	2,851	2,760	2,145	1,727	1,503	978.56
Total Debt	358.34	362.61	30.79	414.61	331.15	20
Net Cash (Debt)	-37.15	-12.74	117.72	-329.49	-139.91	197.75
Net Cash Growth	-	-	-	-	-	12.41%
Net Cash Per Share	-0.14	-0.05	0.45	-1.38	-0.59	0.84
Filing Date Shares Outstanding	263.52	261	259.38	237.4	236.96	237.43
Total Common Shares Outstanding	263.52	261	259.38	237.4	236.96	237.43
Working Capital	1,232	1,113	980.83	471.6	432.75	417.87
Book Value Per Share	6.38	6.00	5.71	3.45	2.91	2.45
Tangible Book Value	1,577	1,458	1,362	743.97	640.66	551.16
Tangible Book Value Per Share	5.98	5.59	5.25	3.13	2.70	2.32
Buildings	-	4.52	4.52	4.52	4.52	4.52
Machinery	-	47.78	45.07	42.46	37.8	28.16

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.