Lontrue 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	Dec '21 Dec 31, 2021
Cash & Equivalents	29.3	67.93	21.94	10.12	8.51
Cash & Short-Term Investments	29.3	67.93	21.94	10.12	8.51
Cash Growth	-56.87%	209.56%	116.89%	18.86%	-72.07%
Accounts Receivable	48.4	59.41	138.17	119.35	131.9
Other Receivables	0.86	0.28	71.09	118.61	138.13
Receivables	49.26	59.69	209.26	237.96	270.03
Inventory	182.69	115.06	93.24	101	132.52
Other Current Assets	43.15	249.25	5.96	3.87	8.66
Total Current Assets	304.39	491.92	330.4	352.95	419.72
Property, Plant & Equipment	211.75	209.08	260.28	286.67	313.25
Long-Term Investments	11.7	13.15	51.96	51.96	51.96
Other Intangible Assets	5.68	5.91	6.14	6.37	10.32
Long-Term Deferred Tax Assets	-	-	5.44	3.04	2.15
Long-Term Deferred Charges	3.1	-	0.71	0.67	0.64
Other Long-Term Assets	24.12	7.45	7.55	10.87	10.87
Total Assets	560.74	727.52	662.49	712.52	808.9
Accounts Payable	17.99	25.43	71.92	73.87	83.87
Accrued Expenses	1.88	2.65	31.15	29.83	17.66
Short-Term Debt	30.03	-	28.72	28.72	78.74
Current Portion of Long-Term Debt	1.2	0.06	0.1	-	-
Current Portion of Leases	-	0.02	2.33	2.1	1.9
Current Income Taxes Payable	0.8	-	1.54	1.86	1.87
Current Unearned Revenue	1.9	1.74	2.64	1.63	1.63
Other Current Liabilities	0.53	160.98	26.61	27.31	38.96
Total Current Liabilities	54.33	190.88	165	165.31	224.62
Long-Term Debt	-	14.88	24.9	-	-
Long-Term Leases	1.69	0.42	5.96	8.33	10.75
Long-Term Unearned Revenue	0.8	1.02	-	-	-
Other Long-Term Liabilities	-	-	-	3.28	3.28
Total Liabilities	56.82	207.2	195.86	176.92	238.65
Common Stock	470.8	470.8	470.8	470.8	470.8
Additional Paid-In Capital	150	150	54.68	54.68	54.68
Retained Earnings	-76.64	-61.67	-25.22	28.4	55.75
Comprehensive Income & Other	-40.26	-38.81	-0.75	-0.75	-0.75
Total Common Equity	503.9	520.32	499.51	553.14	580.49
Minority Interest	0.02	-	-32.89	-17.53	-10.24
Shareholders' Equity	503.92	520.32	466.62	535.6	570.25
Total Liabilities & Equity	560.74	727.52	662.49	712.52	808.9
Total Debt	32.92	15.37	62.01	39.14	91.38
Net Cash (Debt)	-3.62	52.55	-40.07	-29.03	-82.87
Net Cash Per Share	-0.01	0.12	-0.08	-0.06	-0.17
Filing Date Shares Outstanding	474.96	470.8	470.8	470.8	470.8
Total Common Shares Outstanding	474.96	470.8	470.8	470.8	470.8
Working Capital	250.06	301.04	165.4	187.65	195.1
Book Value Per Share	1.06	1.11	1.06	1.17	1.23
Tangible Book Value	498.22	514.41	493.37	546.77	570.17
Tangible Book Value Per Share	1.05	1.09	1.05	1.16	1.21
Buildings	-	210.76	208.67	208.6	222.77
Machinery	-	122.6	210.97	218.56	243.85

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.