Lians 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	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	99.75	71.26	249.9	563.03	39.87	70.07
Cash & Short-Term Investments	99.75	71.26	249.9	563.03	39.87	70.07
Cash Growth	-31.47%	-71.48%	-55.61%	1312.27%	-43.11%	-35.05%
Accounts Receivable	16.95	24.85	49.29	45.19	2.7	7.17
Other Receivables	16.43	17.08	21.31	22.16	14.68	16.99
Receivables	33.39	41.93	70.6	67.35	17.38	24.15
Inventory	30.99	28.23	49.15	97.26	1.76	0.47
Other Current Assets	153.82	154.73	181.45	114.43	6.48	13.8
Total Current Assets	317.95	296.15	551.1	842.06	65.49	108.49
Property, Plant & Equipment	2,020	2,021	2,548	2,476	443.02	455.52
Long-Term Investments	4.38	4.45	2.13	8.37	5.47	7.21
Goodwill	-	-	-	-	17	17
Other Intangible Assets	165.36	166.89	167.88	100.24	29.41	30.37
Long-Term Deferred Tax Assets	18.98	19.44	25.4	13.63	5.71	5.63
Long-Term Deferred Charges	2.25	2.64	5.94	11.73	18.36	24.62
Other Long-Term Assets	1.98	8.56	4.23	3.11	0.33	0.25
Total Assets	2,531	2,519	3,304	3,455	584.8	649.08
Accounts Payable	500.37	502.63	1,060	1,373	10.31	11.52
Accrued Expenses	25.65	33.38	25.45	19.67	17.58	13.65
Short-Term Debt	85.23	56.46	65.44	16.59	21	35
Current Portion of Long-Term Debt	74.78	25.52	35.89	110.81	25.2	39.62
Current Portion of Leases	-	2.83	0.15	-	0.99	1.05
Current Income Taxes Payable	18.6	14.56	15.06	3.78	2.09	1.87
Current Unearned Revenue	34.18	29.2	40.37	36.54	37.81	29.81
Other Current Liabilities	64.38	79.76	90.65	29.96	11.32	11.09
Total Current Liabilities	803.21	744.33	1,333	1,590	126.3	143.6
Long-Term Debt	640.31	646.81	531.94	363.72	263.68	273.34
Long-Term Leases	472.48	468.57	448.45	426.62	-	0.99
Long-Term Unearned Revenue	93.82	94.25	88.77	14.25	14.42	14.6
Other Long-Term Liabilities	106.16	86.2	55.36	0.66	0.24	-
Total Liabilities	2,116	2,040	2,457	2,395	404.64	432.53
Common Stock	372.02	372.02	371.98	365.7	365.7	365.7
Additional Paid-In Capital	701.97	703.19	704.93	657.6	482.29	482.2
Retained Earnings	-951.44	-930.65	-799.44	-688.01	-643.13	-610.92
Treasury Stock	-16.78	-16.78	-27.18	-	-	-
Comprehensive Income & Other	-10.22	-10.22	-8.43	-9.2	-13.53	-11.86
Total Common Equity	95.55	117.56	241.84	326.08	191.33	225.12
Minority Interest	319.29	361.41	605.06	733.73	-11.17	-8.57
Shareholders' Equity	414.84	478.97	846.9	1,060	180.16	216.56
Total Liabilities & Equity	2,531	2,519	3,304	3,455	584.8	649.08
Total Debt	1,273	1,200	1,082	917.75	310.87	350
Net Cash (Debt)	-1,173	-1,129	-831.97	-354.72	-271	-279.92
Net Cash Per Share	-3.13	-3.01	-2.26	-0.98	-0.76	-0.80
Filing Date Shares Outstanding	372.02	372.02	371.98	365.7	365.7	365.7
Total Common Shares Outstanding	372.02	372.02	371.98	365.7	365.7	365.7
Working Capital	-485.26	-448.18	-781.74	-747.87	-60.81	-35.12
Book Value Per Share	0.26	0.32	0.65	0.89	0.52	0.62
Tangible Book Value	-69.81	-49.34	73.97	225.84	144.91	177.75
Tangible Book Value Per Share	-0.19	-0.13	0.20	0.62	0.40	0.49
Buildings	-	-	-	657.6	522.6	522.6
Machinery	-	1,300	984.95	759.87	31.29	30.52
Construction In Progress	-	108.33	728.45	775.06	-	-