Leascend 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	47.51	249.9	563.03	39.87	70.07	107.9
Cash & Short-Term Investments	47.51	249.9	563.03	39.87	70.07	107.9
Cash Growth	-49.84%	-55.61%	1312.27%	-43.11%	-35.05%	-18.54%
Accounts Receivable	17.99	49.29	45.19	2.7	7.17	9.56
Other Receivables	16.48	21.31	22.16	14.68	16.99	22.7
Receivables	34.46	70.6	67.35	17.38	24.15	32.26
Inventory	32.44	49.15	97.26	1.76	0.47	0.49
Other Current Assets	157.98	181.45	114.43	6.48	13.8	8.51
Total Current Assets	272.4	551.1	842.06	65.49	108.49	149.16
Property, Plant & Equipment	2,146	2,548	2,476	443.02	455.52	467.74
Long-Term Investments	4.52	2.13	8.37	5.47	7.21	0.62
Goodwill	-	-	-	17	17	17
Other Intangible Assets	168.49	167.88	100.24	29.41	30.37	31.13
Long-Term Deferred Tax Assets	22.27	25.4	13.63	5.71	5.63	4.74
Long-Term Deferred Charges	2.78	5.94	11.73	18.36	24.62	29.13
Other Long-Term Assets	0.12	4.23	3.11	0.33	0.25	0.37
Total Assets	2,617	3,304	3,455	584.8	649.08	699.89
Accounts Payable	519.97	1,060	1,373	10.31	11.52	31.3
Accrued Expenses	21.63	25.45	19.67	17.58	13.65	19.55
Short-Term Debt	62.21	65.44	16.59	21	35	40.07
Current Portion of Long-Term Debt	106.29	35.89	110.81	25.2	39.62	-
Current Portion of Leases	-	0.15	-	0.99	1.05	-
Current Income Taxes Payable	16.83	15.06	3.78	2.09	1.87	0.52
Current Unearned Revenue	22.06	40.37	36.54	37.81	29.81	31.29
Other Current Liabilities	63.78	90.65	29.96	11.32	11.09	80.35
Total Current Liabilities	812.76	1,333	1,590	126.3	143.6	203.09
Long-Term Debt	567.28	531.94	363.72	263.68	273.34	241.5
Long-Term Leases	465.55	448.45	426.62	-	0.99	-
Long-Term Unearned Revenue	92.6	88.77	14.25	14.42	14.6	14.88
Other Long-Term Liabilities	75.46	55.36	0.66	0.24	-	-
Total Liabilities	2,014	2,457	2,395	404.64	432.53	459.47
Common Stock	372.14	371.98	365.7	365.7	365.7	365.7
Additional Paid-In Capital	706.84	704.93	657.6	482.29	482.2	481.56
Retained Earnings	-889.56	-799.44	-688.01	-643.13	-610.92	-586.28
Treasury Stock	-19.03	-27.18	-	-	-	-
Comprehensive Income & Other	-8.43	-8.43	-9.2	-13.53	-11.86	-16.19
Total Common Equity	161.96	241.84	326.08	191.33	225.12	244.79
Minority Interest	440.92	605.06	733.73	-11.17	-8.57	-4.37
Shareholders' Equity	602.87	846.9	1,060	180.16	216.56	240.42
Total Liabilities & Equity	2,617	3,304	3,455	584.8	649.08	699.89
Total Debt	1,201	1,082	917.75	310.87	350	281.57
Net Cash (Debt)	-1,154	-831.97	-354.72	-271	-279.92	-173.67
Net Cash Per Share	-3.09	-2.26	-0.98	-0.76	-0.80	-0.48
Filing Date Shares Outstanding	372.14	371.98	365.7	365.7	365.7	365.7
Total Common Shares Outstanding	372.14	371.98	365.7	365.7	365.7	365.7
Working Capital	-540.37	-781.74	-747.87	-60.81	-35.12	-53.93
Book Value Per Share	0.44	0.65	0.89	0.52	0.62	0.67
Tangible Book Value	-6.53	73.97	225.84	144.91	177.75	196.65
Tangible Book Value Per Share	-0.02	0.20	0.62	0.40	0.49	0.54
Buildings	-	661.77	657.6	522.6	522.6	522.6
Machinery	-	984.95	759.87	31.29	30.52	34.01
Construction In Progress	-	728.45	775.06	-	-	-

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