Ledman Optoelectronic 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	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	272.53	299.12	420.55	368.59	271.76	281.89
Trading Asset Securities	223.45	331.19	275.69	356.14	2.1	8.64
Cash & Short-Term Investments	495.97	630.31	696.24	724.73	273.86	290.53
Cash Growth	-10.14%	-9.47%	-3.93%	164.64%	-5.74%	-0.79%
Accounts Receivable	260.58	219.09	279.64	233.4	219.58	281.72
Other Receivables	25.06	2.2	3.69	4.54	1.54	11.44
Receivables	285.65	221.3	283.33	237.94	221.12	293.16
Inventory	374.58	308.63	318.1	368.48	426.27	408.98
Other Current Assets	36.04	38.42	35.25	30.62	28.61	54.62
Total Current Assets	1,192	1,199	1,333	1,362	949.85	1,047
Property, Plant & Equipment	265.87	261.48	268.31	334.97	311.22	323.97
Long-Term Investments	25.41	20.27	21.21	18.95	22.98	21.52
Goodwill	-	-	4.21	33.61	45.77	45.77
Other Intangible Assets	25.1	26.97	29.11	31.71	31.57	14.07
Long-Term Accounts Receivable	-	0.89	1.5	2.5	3.35	2.35
Long-Term Deferred Tax Assets	42.16	50.15	41.67	35.02	36.3	27.12
Long-Term Deferred Charges	11.33	11.52	13.15	9.69	12.74	13.18
Other Long-Term Assets	31.5	22.57	13.27	9.9	9.52	14.33
Total Assets	1,594	1,593	1,725	1,838	1,423	1,510

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Accounts Payable	450.58	473.75	527.71	470.14	405.01	521.44
Accrued Expenses	35.86	35.84	46.03	40.92	35.09	43.22
Short-Term Debt	72.51	71.65	103.58	115	140	134.9
Current Portion of Leases	-	16.13	16.81	21.84	21.58	19.53
Current Income Taxes Payable	-	1.6	1.02	0.95	1.19	0.27
Current Unearned Revenue	54.65	40.09	48.42	58.48	49.01	50.49
Other Current Liabilities	34.42	19.46	17.48	13.49	15.38	13.33
Total Current Liabilities	648	658.52	761.05	720.83	667.27	783.19
Long-Term Leases	24.6	30.66	29.9	31.8	34.88	51.1
Long-Term Unearned Revenue	26.43	23.49	7.61	11.71	11.55	7
Long-Term Deferred Tax Liabilities	7.8	8.57	9.79	9.49	8.56	-
Other Long-Term Liabilities	3.68	5.53	4.91	4.73	4.27	5.81
Total Liabilities	710.51	726.77	813.26	778.57	726.53	847.11

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Common Stock	419.51	419.51	419.51	419.51	349.51	349.51
Additional Paid-In Capital	1,060	1,025	1,024	1,022	648.14	644.33
Retained Earnings	-422.61	-371.55	-329.44	-237.56	-161.08	-192.66
Treasury Stock	-19.98	-54.68	-54.68	-	-	-
Comprehensive Income & Other	-174.62	-177.47	-170.98	-169.27	-162.79	-165.22
Total Common Equity	862.2	840.97	887.95	1,034	673.78	635.97
Minority Interest	20.89	24.77	24.14	25.11	23	26.53
Shareholders' Equity	883.09	865.74	912.09	1,060	696.78	662.49
Total Liabilities & Equity	1,594	1,593	1,725	1,838	1,423	1,510

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Total Debt	97.11	118.44	150.29	168.64	196.47	205.53
Net Cash (Debt)	398.87	511.87	545.94	556.1	77.39	85
Net Cash Growth	0.18%	-6.24%	-1.82%	618.58%	-8.95%	-60.98%
Net Cash Per Share	0.94	1.22	1.31	1.60	0.22	0.25
Filing Date Shares Outstanding	452.19	407.3	407.3	419.51	349.51	349.51
Total Common Shares Outstanding	452.19	407.3	407.3	419.51	349.51	349.51
Working Capital	544.24	540.14	571.86	640.93	282.59	264.1
Book Value Per Share	1.91	2.06	2.18	2.47	1.93	1.82
Tangible Book Value	837.11	814.01	854.63	969.12	596.44	576.13
Tangible Book Value Per Share	1.85	2.00	2.10	2.31	1.71	1.65
Buildings	-	153.62	155.9	111.38	111.38	111.38
Machinery	-	257.11	248.82	341.23	365.65	341.37
Construction In Progress	-	-	3.47	32.15	-	-