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 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	1,313	311.43	349.88	138.93	72.29	191.25
Short-Term Investments	-	-	-	38.43	5.12	-
Trading Asset Securities	44.22	-	-	-	-	-
Cash & Short-Term Investments	1,358	311.43	349.88	177.35	77.41	191.25
Cash Growth	194.89%	-10.99%	97.28%	129.11%	-59.52%	-12.17%
Accounts Receivable	724.01	678.25	1,026	659.43	420.3	339.61
Other Receivables	20.19	462.69	236.39	214.79	212.37	218.28
Receivables	744.21	1,141	1,262	874.22	632.67	557.89
Inventory	1,309	900.9	650.55	526.32	490.39	395.56
Restricted Cash	-	-	-	9.58	12.83	-
Other Current Assets	504.41	118.98	17.73	17.81	56.24	62.06
Total Current Assets	3,916	2,472	2,281	1,605	1,270	1,207
Property, Plant & Equipment	29.25	31.97	27.03	45.72	66.01	64.01
Long-Term Investments	231.37	235.6	237.63	294.3	264.94	135.1
Other Intangible Assets	109.84	111.48	109.08	118.67	75.45	48.6
Long-Term Deferred Tax Assets	83.51	92	88.41	59.56	41.09	46.9
Long-Term Deferred Charges	20.31	16.94	13.93	18.1	9.24	1.08
Other Long-Term Assets	18.77	6.8	2.87	3.09	0.45	0.15
Total Assets	4,409	2,967	2,760	2,145	1,727	1,503
Accounts Payable	620.01	552.28	579.92	485.88	331.38	272.74
Accrued Expenses	17.1	53.22	58.83	58.68	65.77	19.43
Short-Term Debt	645.57	385.88	352.61	5.02	70	290.52
Current Portion of Long-Term Debt	-	-	-	-	240.72	-
Current Portion of Leases	6.28	7.21	8.59	16.47	16.81	15.87
Current Income Taxes Payable	10.97	2.63	8.31	-	-	1.13
Current Unearned Revenue	271.06	192.1	109.34	52.33	67.45	73.05
Other Current Liabilities	81.51	38.75	50.31	6.07	5.33	101.25
Total Current Liabilities	1,653	1,232	1,168	624.45	797.46	774
Long-Term Debt	-	-	-	-	60	-
Long-Term Leases	7.9	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	1,683	1,265	1,192	664.93	906.45	811.28
Common Stock	302.01	261.76	261.8	261.64	239.67	184.73
Additional Paid-In Capital	-	797.24	798.13	-	-	239.91
Retained Earnings	738.51	691.85	583.06	453.3	414.8	334.2
Treasury Stock	-48.54	-48.54	-79.29	-42	-56.61	-68.77
Comprehensive Income & Other	1,734	0.16	3.41	807.92	221.55	-0.82
Total Common Equity	2,726	1,702	1,567	1,481	819.42	689.26
Minority Interest	-	-	-	-1.07	0.83	2.05
Shareholders' Equity	2,726	1,702	1,567	1,480	820.25	691.31
Total Liabilities & Equity	4,409	2,967	2,760	2,145	1,727	1,503
Total Debt	659.76	402.92	362.61	30.79	414.61	331.15
Net Cash (Debt)	697.77	-91.49	-12.74	146.57	-337.2	-139.91
Net Cash Per Share	2.64	-0.35	-0.05	0.56	-1.42	-0.59
Filing Date Shares Outstanding	259.19	259.86	261	259.38	237.4	236.96
Total Common Shares Outstanding	259.19	259.86	261	259.38	237.4	236.96
Working Capital	2,263	1,240	1,113	980.84	472.08	432.75
Book Value Per Share	10.52	6.55	6.00	5.71	3.45	2.91
Tangible Book Value	2,616	1,591	1,458	1,362	743.97	640.66
Tangible Book Value Per Share	10.09	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	-

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