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	Jun '26 Jun 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	203.06	299.12	420.55	368.59	271.76	281.89
Trading Asset Securities	355.46	331.19	275.69	356.14	2.1	8.64
Cash & Short-Term Investments	558.52	630.31	696.24	724.73	273.86	290.53
Cash Growth	-2.38%	-9.47%	-3.93%	164.64%	-5.74%	-0.79%
Accounts Receivable	239.31	219.09	279.64	233.4	219.58	281.72
Other Receivables	24.86	2.2	3.69	4.54	1.54	11.44
Receivables	264.17	221.3	283.33	237.94	221.12	293.16
Inventory	344.5	308.63	318.1	368.48	426.27	408.98
Other Current Assets	27.03	38.42	35.25	30.62	28.61	54.62
Total Current Assets	1,194	1,199	1,333	1,362	949.85	1,047
Property, Plant & Equipment	259.22	261.48	268.31	334.97	311.22	323.97
Long-Term Investments	28.19	20.27	21.21	18.95	22.98	21.52
Goodwill	-	-	4.21	33.61	45.77	45.77
Other Intangible Assets	25.52	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	47.24	50.15	41.67	35.02	36.3	27.12
Long-Term Deferred Charges	10.32	11.52	13.15	9.69	12.74	13.18
Other Long-Term Assets	30.99	22.57	13.27	9.9	9.52	14.33
Total Assets	1,596	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	Jun '26 Jun 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	430.76	473.75	527.71	470.14	405.01	521.44
Accrued Expenses	26.02	35.84	46.03	40.92	35.09	43.22
Short-Term Debt	92.51	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	8.88	1.6	1.02	0.95	1.19	0.27
Current Unearned Revenue	53.28	40.09	48.42	58.48	49.01	50.49
Other Current Liabilities	23.36	19.46	17.48	13.49	15.38	13.33
Total Current Liabilities	652.66	658.52	761.05	720.83	667.27	783.19
Long-Term Leases	26.04	30.66	29.9	31.8	34.88	51.1
Long-Term Unearned Revenue	23.27	23.49	7.61	11.71	11.55	7
Long-Term Deferred Tax Liabilities	8.67	8.57	9.79	9.49	8.56	-
Other Long-Term Liabilities	4.19	5.53	4.91	4.73	4.27	5.81
Total Liabilities	714.82	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	Jun '26 Jun 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	1,049	1,025	1,024	1,022	648.14	644.33
Retained Earnings	-398.68	-371.55	-329.44	-237.56	-161.08	-192.66
Treasury Stock	-35.89	-54.68	-54.68	-	-	-
Comprehensive Income & Other	-174.91	-177.47	-170.98	-169.27	-162.79	-165.22
Total Common Equity	859.17	840.97	887.95	1,034	673.78	635.97
Minority Interest	21.71	24.77	24.14	25.11	23	26.53
Shareholders' Equity	880.88	865.74	912.09	1,060	696.78	662.49
Total Liabilities & Equity	1,596	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	Jun '26 Jun 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	136.4	118.44	150.29	168.64	196.47	205.53
Net Cash (Debt)	422.12	511.87	545.94	556.1	77.39	85
Net Cash Growth	-1.40%	-6.24%	-1.82%	618.58%	-8.95%	-60.98%
Net Cash Per Share	1.15	1.22	1.31	1.60	0.22	0.25
Filing Date Shares Outstanding	368.25	407.3	407.3	419.51	349.51	349.51
Total Common Shares Outstanding	368.25	407.3	407.3	419.51	349.51	349.51
Working Capital	541.56	540.14	571.86	640.93	282.59	264.1
Book Value Per Share	2.33	2.06	2.18	2.47	1.93	1.82
Tangible Book Value	833.65	814.01	854.63	969.12	596.44	576.13
Tangible Book Value Per Share	2.26	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	-	-