Ledman Optoelectronic Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	294.79	420.55	368.59	271.76	281.89
Trading Asset Securities	331.19	275.69	356.14	2.1	8.64
Cash & Short-Term Investments	625.98	696.24	724.73	273.86	290.53
Cash Growth	-10.09%	-3.93%	164.64%	-5.74%	-0.79%
Accounts Receivable	219.09	279.64	233.4	219.58	281.72
Other Receivables	11.93	3.69	4.54	1.54	11.44
Receivables	231.03	283.33	237.94	221.12	293.16
Inventory	308.63	318.1	368.48	426.27	408.98
Other Current Assets	33.01	35.25	30.62	28.61	54.62
Total Current Assets	1,199	1,333	1,362	949.85	1,047
Property, Plant & Equipment	261.48	268.31	334.97	311.22	323.97
Long-Term Investments	20.27	21.21	18.95	22.98	21.52
Goodwill	-	4.21	33.61	45.77	45.77
Other Intangible Assets	26.97	29.11	31.71	31.57	14.07
Long-Term Accounts Receivable	-	1.5	2.5	3.35	2.35
Long-Term Deferred Tax Assets	50.15	41.67	35.02	36.3	27.12
Long-Term Deferred Charges	11.52	13.15	9.69	12.74	13.18
Other Long-Term Assets	23.46	13.27	9.9	9.52	14.33
Total Assets	1,593	1,725	1,838	1,423	1,510
Accounts Payable	473.75	527.71	470.14	405.01	521.44
Accrued Expenses	29.6	46.03	40.92	35.09	43.22
Short-Term Debt	71.65	103.58	115	140	134.9
Current Portion of Long-Term Debt	16.13	-	-	-	-
Current Portion of Leases	-	16.81	21.84	21.58	19.53
Current Income Taxes Payable	8.56	1.02	0.95	1.19	0.27
Current Unearned Revenue	40.09	48.42	58.48	49.01	50.49
Other Current Liabilities	18.73	17.48	13.49	15.38	13.33
Total Current Liabilities	658.52	761.05	720.83	667.27	783.19
Long-Term Leases	30.66	29.9	31.8	34.88	51.1
Long-Term Unearned Revenue	23.49	7.61	11.71	11.55	7
Long-Term Deferred Tax Liabilities	8.57	9.79	9.49	8.56	-
Other Long-Term Liabilities	5.53	4.91	4.73	4.27	5.81
Total Liabilities	726.77	813.26	778.57	726.53	847.11
Common Stock	419.51	419.51	419.51	349.51	349.51
Additional Paid-In Capital	1,025	1,024	1,022	648.14	644.33
Retained Earnings	-371.55	-329.44	-237.56	-161.08	-192.66
Treasury Stock	-54.68	-54.68	-	-	-
Comprehensive Income & Other	-177.47	-170.98	-169.27	-162.79	-165.22
Total Common Equity	840.97	887.95	1,034	673.78	635.97
Minority Interest	24.77	24.14	25.11	23	26.53
Shareholders' Equity	865.74	912.09	1,060	696.78	662.49
Total Liabilities & Equity	1,593	1,725	1,838	1,423	1,510
Total Debt	118.44	150.29	168.64	196.47	205.53
Net Cash (Debt)	507.54	545.94	556.1	77.39	85
Net Cash Growth	-7.03%	-1.82%	618.58%	-8.95%	-60.98%
Net Cash Per Share	1.21	1.31	1.60	0.22	0.25
Filing Date Shares Outstanding	464.46	407.3	419.51	349.51	349.51
Total Common Shares Outstanding	464.46	407.3	419.51	349.51	349.51
Working Capital	540.14	571.86	640.93	282.59	264.1
Book Value Per Share	1.81	2.18	2.47	1.93	1.82
Tangible Book Value	814.01	854.63	969.12	596.44	576.13
Tangible Book Value Per Share	1.75	2.10	2.31	1.71	1.65
Buildings	-	155.9	111.38	111.38	111.38
Machinery	-	248.82	341.23	365.65	341.37
Construction In Progress	-	3.47	32.15	-	-