Leyard 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	2,996	3,214	2,640	2,214	2,115	2,366
Short-Term Investments	-	-	143.78	182.78	-	4.39
Trading Asset Securities	12.85	14.4	15.33	-	5.25	0.41
Cash & Short-Term Investments	3,009	3,228	2,799	2,397	2,120	2,371
Cash Growth	4.69%	15.33%	16.76%	13.06%	-10.58%	-9.77%
Accounts Receivable	3,865	4,132	4,617	5,144	5,161	5,232
Other Receivables	61.41	74.3	61.55	66.25	84.28	109.45
Receivables	3,927	4,207	4,679	5,211	5,245	5,341
Inventory	2,835	2,774	2,754	3,095	3,285	3,611
Prepaid Expenses	32.99	38.35	40.43	34.96	18.6	33.62
Other Current Assets	308.17	216.76	169.13	132	163.1	298.88
Total Current Assets	10,112	10,464	10,442	10,870	10,832	11,655
Property, Plant & Equipment	1,687	1,790	1,699	1,848	1,660	1,588
Long-Term Investments	506.03	407.12	364.59	524.65	444.9	470.79
Goodwill	87.28	89.63	130.81	762.55	725.45	932.6
Other Intangible Assets	342.15	357.51	361.41	401.96	455.7	505.66
Long-Term Accounts Receivable	50.28	59.87	50.07	45.83	82.52	80.05
Long-Term Deferred Tax Assets	366.43	375.63	355.35	297.53	284.13	234.77
Long-Term Deferred Charges	95.57	106.55	53.99	43.96	88.15	65.18
Other Long-Term Assets	248.17	254.01	255.81	241.94	320.99	315.85
Total Assets	13,495	13,905	13,713	15,037	14,894	15,848

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	2,557	2,698	2,843	2,849	2,981	4,043
Accrued Expenses	231.72	316.75	284.68	325.42	310.75	328.1
Short-Term Debt	523.35	405.6	335.19	432.78	638.5	637.98
Current Portion of Long-Term Debt	104.47	89.14	236.48	30.44	220.95	102.33
Current Portion of Leases	25.6	30.94	31.09	56.62	55.47	47.63
Current Income Taxes Payable	11.66	15.46	10.1	20.34	28.74	87.17
Current Unearned Revenue	987.78	976.33	923.22	885.46	1,003	1,082
Other Current Liabilities	517.99	453.81	433.96	754.35	374.75	412.28
Total Current Liabilities	4,960	4,986	5,098	5,355	5,613	6,740
Long-Term Debt	170.69	242.57	178.9	824.52	711.28	931.13
Long-Term Leases	135.67	139.12	51.59	75.51	105.91	102.37
Long-Term Unearned Revenue	93.37	110.05	126.22	109.9	105.7	88.71
Long-Term Deferred Tax Liabilities	66.7	68.84	30.05	58.92	84.73	99.62
Other Long-Term Liabilities	105.13	95.14	79.64	81.68	103.49	86.15
Total Liabilities	5,532	5,641	5,564	6,505	6,724	8,048

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	2,712	2,712	2,676	2,529	2,529	2,543
Additional Paid-In Capital	2,511	2,511	2,383	1,947	1,940	2,013
Retained Earnings	2,499	2,701	2,665	3,681	3,496	3,338
Treasury Stock	-16.62	-16.62	-15.72	-9.43	-9.45	-113.72
Comprehensive Income & Other	101.45	203.79	193.11	115.2	88.3	-6.57
Total Common Equity	7,807	8,111	7,902	8,263	8,045	7,774
Minority Interest	156.66	151.99	246.81	268.53	124.82	26.43
Shareholders' Equity	7,964	8,263	8,149	8,532	8,170	7,800
Total Liabilities & Equity	13,495	13,905	13,713	15,037	14,894	15,848

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	959.78	907.37	833.26	1,420	1,732	1,821
Net Cash (Debt)	2,050	2,321	1,966	977.39	388.24	549.7
Net Cash Growth	7.44%	18.06%	101.12%	151.75%	-29.37%	-30.00%
Net Cash Per Share	0.73	0.83	0.77	0.38	0.15	0.21
Filing Date Shares Outstanding	2,709	2,709	2,709	2,801	2,528	2,527
Total Common Shares Outstanding	2,709	2,709	2,709	2,801	2,528	2,527
Working Capital	5,152	5,479	5,344	5,515	5,219	4,915
Book Value Per Share	2.88	2.99	2.92	2.95	3.18	3.08
Tangible Book Value	7,378	7,664	7,410	7,099	6,864	6,336
Tangible Book Value Per Share	2.72	2.83	2.74	2.53	2.72	2.51
Buildings	1,070	1,077	964.96	880.12	860.97	787.4
Machinery	1,551	1,602	1,552	1,674	1,405	1,282
Construction In Progress	43.75	41.07	86.4	72.22	10.7	8.15