Ledman Optoelectronic 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	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	239.49	420.55	368.59	271.76	281.89	263.14
Trading Asset Securities	312.49	275.69	356.14	2.1	8.64	29.7
Cash & Short-Term Investments	551.97	696.24	724.73	273.86	290.53	292.84
Cash Growth	-4.04%	-3.93%	164.64%	-5.74%	-0.79%	-0.36%
Accounts Receivable	314.29	279.64	233.4	219.58	281.72	167.54
Other Receivables	19.22	3.69	4.54	1.54	11.44	2.85
Receivables	333.51	283.33	237.94	221.12	293.16	170.39
Inventory	274.74	318.1	368.48	426.27	408.98	281.99
Other Current Assets	95.75	35.25	30.62	28.61	54.62	32.86
Total Current Assets	1,256	1,333	1,362	949.85	1,047	778.08
Property, Plant & Equipment	255.01	268.31	334.97	311.22	323.97	204.92
Long-Term Investments	23.35	21.21	18.95	22.98	21.52	36.06
Goodwill	4.21	4.21	33.61	45.77	45.77	45.77
Other Intangible Assets	27.27	29.11	31.71	31.57	14.07	14.58
Long-Term Accounts Receivable	0.8	1.5	2.5	3.35	2.35	1.89
Long-Term Deferred Tax Assets	45.21	41.67	35.02	36.3	27.12	31.74
Long-Term Deferred Charges	10.81	13.15	9.69	12.74	13.18	9.1
Other Long-Term Assets	12.02	13.27	9.9	9.52	14.33	37.54
Total Assets	1,635	1,725	1,838	1,423	1,510	1,160
Accounts Payable	438.9	527.71	470.14	405.01	521.44	321.56
Accrued Expenses	23.78	46.03	40.92	35.09	43.22	26.77
Short-Term Debt	115.54	103.58	115	140	134.9	75
Current Portion of Leases	12.33	16.81	21.84	21.58	19.53	-
Current Income Taxes Payable	13.87	1.02	0.95	1.19	0.27	-
Current Unearned Revenue	35.18	48.42	58.48	49.01	50.49	60.66
Other Current Liabilities	16.27	17.48	13.49	15.38	13.33	17.66
Total Current Liabilities	655.87	761.05	720.83	667.27	783.19	501.65
Long-Term Leases	25.95	29.9	31.8	34.88	51.1	-
Long-Term Unearned Revenue	22.27	7.61	11.71	11.55	7	7.86
Long-Term Deferred Tax Liabilities	7.18	9.79	9.49	8.56	-	-
Other Long-Term Liabilities	2.7	4.91	4.73	4.27	5.81	23.13
Total Liabilities	713.97	813.26	778.57	726.53	847.11	532.65
Common Stock	419.51	419.51	419.51	349.51	349.51	349.51
Additional Paid-In Capital	1,024	1,024	1,022	648.14	644.33	642.13
Retained Earnings	-320.57	-329.44	-237.56	-161.08	-192.66	-240.11
Treasury Stock	-54.68	-54.68	-	-	-	-
Comprehensive Income & Other	-174.03	-170.98	-169.27	-162.79	-165.22	-150.91
Total Common Equity	893.88	887.95	1,034	673.78	635.97	600.63
Minority Interest	26.81	24.14	25.11	23	26.53	26.41
Shareholders' Equity	920.69	912.09	1,060	696.78	662.49	627.04
Total Liabilities & Equity	1,635	1,725	1,838	1,423	1,510	1,160
Total Debt	153.81	150.29	168.64	196.47	205.53	75
Net Cash (Debt)	398.16	545.94	556.1	77.39	85	217.84
Net Cash Growth	-2.99%	-1.82%	618.58%	-8.95%	-60.98%	-25.75%
Net Cash Per Share	0.96	1.31	1.60	0.22	0.25	0.62
Filing Date Shares Outstanding	407.3	407.3	419.51	349.51	349.51	349.51
Total Common Shares Outstanding	407.3	407.3	419.51	349.51	349.51	349.51
Working Capital	600.1	571.86	640.93	282.59	264.1	276.43
Book Value Per Share	2.19	2.18	2.47	1.93	1.82	1.72
Tangible Book Value	862.4	854.63	969.12	596.44	576.13	540.29
Tangible Book Value Per Share	2.12	2.10	2.31	1.71	1.65	1.55
Buildings	-	155.9	111.38	111.38	111.38	111.38
Machinery	-	248.82	341.23	365.65	341.37	265.93
Construction In Progress	-	3.47	32.15	-	-	-

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