MeiG Smart Technology Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	1,002	311.43	349.88	138.93	72.29	191.25
Short-Term Investments	-	-	-	38.43	5.12	-
Trading Asset Securities	43.24	-	-	-	-	-
Cash & Short-Term Investments	1,045	311.43	349.88	177.35	77.41	191.25
Cash Growth	225.47%	-10.99%	97.28%	129.11%	-59.52%	-12.17%
Accounts Receivable	776	678.25	1,026	659.43	420.3	339.61
Other Receivables	20.39	462.69	236.39	214.79	212.37	218.28
Receivables	796.39	1,141	1,262	874.22	632.67	557.89
Inventory	1,784	900.9	650.55	526.32	490.39	395.56
Restricted Cash	-	-	-	9.58	12.83	-
Other Current Assets	613.87	118.98	17.73	17.81	56.24	62.06
Total Current Assets	4,239	2,472	2,281	1,605	1,270	1,207
Property, Plant & Equipment	95.48	31.97	27.03	45.72	66.01	64.01
Long-Term Investments	353.11	235.6	237.63	294.3	264.94	135.1
Other Intangible Assets	114.67	111.48	109.08	118.67	75.45	48.6
Long-Term Deferred Tax Assets	85.73	92	88.41	59.56	41.09	46.9
Long-Term Deferred Charges	9.31	16.94	13.93	18.1	9.24	1.08
Other Long-Term Assets	221.95	6.8	2.87	3.09	0.45	0.15
Total Assets	5,120	2,967	2,760	2,145	1,727	1,503

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Accounts Payable	972.65	552.28	579.92	485.88	331.38	272.74
Accrued Expenses	26.95	53.22	58.83	58.68	65.77	19.43
Short-Term Debt	750.58	385.88	352.61	5.02	70	290.52
Current Portion of Long-Term Debt	-	-	-	-	240.72	-
Current Portion of Leases	5.08	7.21	8.59	16.47	16.81	15.87
Current Income Taxes Payable	37.1	2.63	8.31	-	-	1.13
Current Unearned Revenue	265.2	192.1	109.34	52.33	67.45	73.05
Other Current Liabilities	171.5	38.75	50.31	6.07	5.33	101.25
Total Current Liabilities	2,229	1,232	1,168	624.45	797.46	774
Long-Term Debt	-	-	-	-	60	-
Long-Term Leases	3.67	9.83	1.42	9.3	27.08	24.76
Long-Term Unearned Revenue	2.93	2.93	3.88	3.88	0.95	2.52
Long-Term Deferred Tax Liabilities	19.21	19.74	19.24	27.31	20.97	10
Total Liabilities	2,255	1,265	1,192	664.93	906.45	811.28

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Common Stock	302.43	261.76	261.8	261.64	239.67	184.73
Additional Paid-In Capital	1,742	797.24	798.13	-	-	239.91
Retained Earnings	848.59	691.85	583.06	453.3	414.8	334.2
Treasury Stock	-24.18	-48.54	-79.29	-42	-56.61	-68.77
Comprehensive Income & Other	-4.03	0.16	3.41	807.92	221.55	-0.82
Total Common Equity	2,865	1,702	1,567	1,481	819.42	689.26
Minority Interest	-	-	-	-1.07	0.83	2.05
Shareholders' Equity	2,865	1,702	1,567	1,480	820.25	691.31
Total Liabilities & Equity	5,120	2,967	2,760	2,145	1,727	1,503

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Total Debt	759.33	402.92	362.61	30.79	414.61	331.15
Net Cash (Debt)	286.05	-91.49	-12.74	146.57	-337.2	-139.91
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	1.02	-0.35	-0.05	0.56	-1.42	-0.59
Filing Date Shares Outstanding	299.05	259.86	261	259.38	237.4	236.96
Total Common Shares Outstanding	299.05	259.86	261	259.38	237.4	236.96
Working Capital	2,010	1,240	1,113	980.84	472.08	432.75
Book Value Per Share	9.58	6.55	6.00	5.71	3.45	2.91
Tangible Book Value	2,750	1,591	1,458	1,362	743.97	640.66
Tangible Book Value Per Share	9.20	6.12	5.59	5.25	3.13	2.70
Buildings	-	4.52	4.52	4.52	4.52	4.52
Machinery	-	51.43	47.78	45.07	42.46	37.8
Leasehold Improvements	-	-	-	3.78	3.7	-