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	Jun '26 Jun 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	1,068	311.43	349.88	138.93	72.29	191.25
Short-Term Investments	-	-	-	38.43	5.12	-
Trading Asset Securities	43.63	-	-	-	-	-
Cash & Short-Term Investments	1,112	311.43	349.88	177.35	77.41	191.25
Cash Growth	218.84%	-10.99%	97.28%	129.11%	-59.52%	-12.17%
Accounts Receivable	780.15	678.25	1,026	659.43	420.3	339.61
Other Receivables	489.84	462.69	236.39	214.79	212.37	218.28
Receivables	1,270	1,141	1,262	874.22	632.67	557.89
Inventory	1,529	900.9	650.55	526.32	490.39	395.56
Restricted Cash	-	-	-	9.58	12.83	-
Other Current Assets	146.26	118.98	17.73	17.81	56.24	62.06
Total Current Assets	4,057	2,472	2,281	1,605	1,270	1,207
Property, Plant & Equipment	296.33	31.97	27.03	45.72	66.01	64.01
Long-Term Investments	236.75	235.6	237.63	294.3	264.94	135.1
Other Intangible Assets	99.39	111.48	109.08	118.67	75.45	48.6
Long-Term Deferred Tax Assets	87.2	92	88.41	59.56	41.09	46.9
Long-Term Deferred Charges	9.55	16.94	13.93	18.1	9.24	1.08
Other Long-Term Assets	45.82	6.8	2.87	3.09	0.45	0.15
Total Assets	4,833	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	Jun '26 Jun 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	771.53	552.28	579.92	485.88	331.38	272.74
Accrued Expenses	61.11	53.22	58.83	58.68	65.77	19.43
Short-Term Debt	704.43	385.88	352.61	5.02	70	290.52
Current Portion of Long-Term Debt	-	-	-	-	240.72	-
Current Portion of Leases	6.62	7.21	8.59	16.47	16.81	15.87
Current Income Taxes Payable	15.66	2.63	8.31	-	-	1.13
Current Unearned Revenue	321.9	192.1	109.34	52.33	67.45	73.05
Other Current Liabilities	133.95	38.75	50.31	6.07	5.33	101.25
Total Current Liabilities	2,015	1,232	1,168	624.45	797.46	774
Long-Term Debt	-	-	-	-	60	-
Long-Term Leases	6.07	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	2,043	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	Jun '26 Jun 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	302.07	261.76	261.8	261.64	239.67	184.73
Additional Paid-In Capital	-	797.24	798.13	-	-	239.91
Retained Earnings	797.78	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	1,738	0.16	3.41	807.92	221.55	-0.82
Total Common Equity	2,789	1,702	1,567	1,481	819.42	689.26
Minority Interest	-	-	-	-1.07	0.83	2.05
Shareholders' Equity	2,789	1,702	1,567	1,480	820.25	691.31
Total Liabilities & Equity	4,833	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	Jun '26 Jun 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	717.12	402.92	362.61	30.79	414.61	331.15
Net Cash (Debt)	394.88	-91.49	-12.74	146.57	-337.2	-139.91
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	1.45	-0.35	-0.05	0.56	-1.42	-0.59
Filing Date Shares Outstanding	304.57	259.86	261	259.38	237.4	236.96
Total Common Shares Outstanding	304.57	259.86	261	259.38	237.4	236.96
Working Capital	2,042	1,240	1,113	980.84	472.08	432.75
Book Value Per Share	9.16	6.55	6.00	5.71	3.45	2.91
Tangible Book Value	2,690	1,591	1,458	1,362	743.97	640.66
Tangible Book Value Per Share	8.83	6.12	5.59	5.25	3.13	2.70
Buildings	273.2	4.52	4.52	4.52	4.52	4.52
Machinery	51.99	51.43	47.78	45.07	42.46	37.8
Leasehold Improvements	-	-	-	3.78	3.7	-