Lontrue Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	72.5	29.3	67.93	21.94	10.12	8.51
Cash & Short-Term Investments	72.5	29.3	67.93	21.94	10.12	8.51
Cash Growth	-31.18%	-56.87%	209.56%	116.89%	18.86%	-72.07%
Accounts Receivable	33.37	71.28	59.41	138.17	119.35	131.9
Other Receivables	0.88	0.86	0.28	71.09	118.61	138.13
Receivables	34.24	72.14	59.69	209.26	237.96	270.03
Inventory	159.19	182.69	115.06	93.24	101	132.52
Other Current Assets	44.11	20.26	249.25	5.96	3.87	8.66
Total Current Assets	310.04	304.39	491.92	330.4	352.95	419.72
Property, Plant & Equipment	209.08	211.73	209.08	260.28	286.67	313.25
Long-Term Investments	11.7	11.7	13.15	51.96	51.96	51.96
Other Intangible Assets	5.62	5.68	5.91	6.14	6.37	10.32
Long-Term Accounts Receivable	-	24.12	-	-	-	-
Long-Term Deferred Tax Assets	-	-	-	5.44	3.04	2.15
Long-Term Deferred Charges	2.25	3.1	-	0.71	0.67	0.64
Other Long-Term Assets	15.78	0.01	7.45	7.55	10.87	10.87
Total Assets	554.48	560.74	727.52	662.49	712.52	808.9
Accounts Payable	17.64	17.99	25.43	71.92	73.87	83.87
Accrued Expenses	2.09	2.81	2.78	31.12	29.83	17.66
Short-Term Debt	30.03	30.03	-	28.72	28.72	78.74
Current Portion of Long-Term Debt	0.53	-	0.08	0.13	-	-
Current Portion of Leases	-	1.2	0.02	2.33	2.1	1.9
Current Income Taxes Payable	0.65	-	-	1.54	1.86	1.87
Current Unearned Revenue	2.37	1.9	1.74	2.64	1.63	1.63
Other Current Liabilities	0.54	0.4	160.83	26.61	27.31	38.96
Total Current Liabilities	53.85	54.33	190.88	165	165.31	224.62
Long-Term Debt	-	-	14.88	24.9	-	-
Long-Term Leases	1.59	1.69	0.42	5.96	8.33	10.75
Long-Term Unearned Revenue	0.73	0.8	1.02	-	-	-
Other Long-Term Liabilities	-	-	-	-	3.28	3.28
Total Liabilities	56.18	56.82	207.2	195.86	176.92	238.65
Common Stock	470.8	470.8	470.8	470.8	470.8	470.8
Additional Paid-In Capital	150	150	150	54.68	54.68	54.68
Retained Earnings	-82.25	-76.64	-61.67	-25.22	28.4	55.75
Comprehensive Income & Other	-40.26	-40.26	-38.81	-0.75	-0.75	-0.75
Total Common Equity	498.28	503.9	520.32	499.51	553.14	580.49
Minority Interest	0.02	0.02	-	-32.89	-17.53	-10.24
Shareholders' Equity	498.3	503.92	520.32	466.62	535.6	570.25
Total Liabilities & Equity	554.48	560.74	727.52	662.49	712.52	808.9
Total Debt	32.15	32.92	15.39	62.05	39.14	91.38
Net Cash (Debt)	40.35	-3.62	52.53	-40.1	-29.03	-82.87
Net Cash Per Share	0.09	-0.01	0.11	-0.08	-0.06	-0.17
Filing Date Shares Outstanding	471.86	470.8	470.8	470.8	470.8	470.8
Total Common Shares Outstanding	471.86	470.8	470.8	470.8	470.8	470.8
Working Capital	256.19	250.06	301.04	165.4	187.65	195.1
Book Value Per Share	1.06	1.07	1.11	1.06	1.17	1.23
Tangible Book Value	492.66	498.22	514.41	493.37	546.77	570.17
Tangible Book Value Per Share	1.04	1.06	1.09	1.05	1.16	1.21
Buildings	-	217.06	210.76	208.67	208.6	222.77
Machinery	-	125.38	122.6	210.97	218.56	243.85

Source: S&P Global Market Intelligence. Standard template. Financial Sources.