Jiangsu Skyray Instrument 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	103.86	120.88	86.03	239.17	410.15	330.87
Trading Asset Securities	-	-	-	-	35	35
Cash & Short-Term Investments	103.86	120.88	86.03	239.17	445.15	365.87
Cash Growth	0.51%	40.51%	-64.03%	-46.27%	21.67%	-30.00%
Accounts Receivable	2,249	2,270	2,536	2,412	2,162	1,083
Other Receivables	7.37	6.04	12.74	13.74	12.85	18.71
Receivables	2,256	2,276	2,549	2,426	2,175	1,102
Inventory	289.82	292.72	355.55	541.42	547.73	938.1
Prepaid Expenses	7.77	7.52	3.88	13.57	0.78	37.27
Other Current Assets	18.83	14.27	30.7	64.42	101.11	118.7
Total Current Assets	2,676	2,711	3,025	3,284	3,270	2,562
Property, Plant & Equipment	103.98	111.81	146.79	171.83	189.91	211.59
Long-Term Investments	124.8	124.03	126.57	138.53	157.09	170.72
Goodwill	-	-	41.8	75.41	178.69	275.28
Other Intangible Assets	29.32	31.1	37.52	18.06	20.61	16.67
Long-Term Accounts Receivable	-	-	-	-	-	0.12
Long-Term Deferred Charges	2.36	3.35	8.93	19.64	15.54	15.07
Other Long-Term Assets	27.02	27.87	39.7	48.63	41.12	49.37
Total Assets	2,964	3,009	3,426	3,756	3,873	3,300

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	310.28	360.38	403.6	415.94	487.26	462.47
Accrued Expenses	225.06	234.13	229.69	204.04	189.29	78.29
Short-Term Debt	75.55	84.27	151.82	297.93	312.06	339.38
Current Portion of Long-Term Debt	41.77	51.04	51.04	52.25	50.5	-
Current Portion of Leases	0.76	1.14	2.77	5.92	4.11	5.54
Current Income Taxes Payable	1.15	9.82	2.64	2.14	15.74	13.36
Current Unearned Revenue	101.31	77.2	89.53	133.84	148.86	207.24
Other Current Liabilities	51.39	41.22	43.58	58.36	55.04	47.96
Total Current Liabilities	807.26	859.19	974.67	1,170	1,263	1,154
Long-Term Debt	1,037	1,052	1,103	1,127	1,011	433.14
Long-Term Leases	1	0.22	1.77	6.51	9	11.68
Long-Term Unearned Revenue	4.09	4.34	9.23	8.76	11.34	7.81
Other Long-Term Liabilities	13.12	12.61	12.47	10.41	9.43	8.4
Total Liabilities	1,863	1,929	2,101	2,323	2,304	1,615

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	495.51	495.51	495.51	495.51	495.51	496.99
Additional Paid-In Capital	787.64	787.64	787.64	787.64	787.64	786.16
Retained Earnings	-177.89	-197.41	35.42	132.74	247.17	342.89
Comprehensive Income & Other	-41.81	-43.07	-41.71	-31.17	-10.45	6.9
Total Common Equity	1,063	1,043	1,277	1,385	1,520	1,633
Minority Interest	37.62	38.24	48.25	48.77	49.43	52.12
Shareholders' Equity	1,101	1,081	1,325	1,433	1,569	1,685
Total Liabilities & Equity	2,964	3,009	3,426	3,756	3,873	3,300

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	1,156	1,189	1,311	1,489	1,387	789.73
Net Cash (Debt)	-1,053	-1,068	-1,225	-1,250	-941.48	-423.87
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.13	-2.16	-2.52	-2.51	-1.93	-0.86
Filing Date Shares Outstanding	495.51	495.51	495.51	495.51	495.51	496.99
Total Common Shares Outstanding	495.51	495.51	495.51	495.51	495.51	496.99
Working Capital	1,869	1,852	2,050	2,114	2,007	1,407
Book Value Per Share	2.15	2.10	2.58	2.79	3.07	3.29
Tangible Book Value	1,034	1,012	1,198	1,291	1,321	1,341
Tangible Book Value Per Share	2.09	2.04	2.42	2.61	2.67	2.70
Buildings	153.64	153.64	172.23	195.18	200.77	200.77
Machinery	179.68	185.76	192.09	185.3	177.03	170.03
Construction In Progress	-	-	-	-	0.39	-