Zhongji Innolight 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	Jan '22 Jan 1, 2022
Cash & Equivalents	-	5,054	3,317	2,831	3,515
Short-Term Investments	-	-	10	-	30.06
Trading Asset Securities	-	522.55	416.04	1,019	-
Cash & Short-Term Investments	7,802	5,576	3,743	3,850	3,545
Cash Growth	39.92%	48.97%	-2.77%	8.62%	74.47%
Accounts Receivable	-	4,721	2,949	1,624	2,175
Other Receivables	-	236.56	28.08	52.93	359.17
Receivables	-	4,958	2,977	1,677	2,534
Inventory	-	7,051	4,295	3,888	3,799
Other Current Assets	-	610.41	304.48	171.72	144.09
Total Current Assets	-	18,196	11,319	9,587	10,022
Property, Plant & Equipment	-	5,906	4,303	3,465	3,305
Long-Term Investments	-	1,322	1,299	948.7	710.65
Goodwill	-	1,939	1,939	1,949	1,980
Other Intangible Assets	-	377.73	400.52	322.14	382.09
Long-Term Deferred Tax Assets	-	221.73	81.94	48.4	46.16
Long-Term Deferred Charges	-	480.49	240.38	191.57	60.71
Other Long-Term Assets	-	423.37	423.78	45.81	58.54
Total Assets	-	28,866	20,007	16,557	16,565
Accounts Payable	-	3,508	2,163	1,378	1,441
Accrued Expenses	-	334.48	306.25	419.36	184.22
Short-Term Debt	-	1,426	791.71	385.19	793.85
Current Portion of Long-Term Debt	-	579.07	467.15	832.38	477.36
Current Portion of Leases	-	12.46	11.36	7.95	10.26
Current Income Taxes Payable	-	226.87	175.47	44.67	58.74
Current Unearned Revenue	-	10	2.61	22.41	0.59
Other Current Liabilities	-	401	442.45	174.06	199.68
Total Current Liabilities	-	6,497	4,360	3,264	3,166
Long-Term Debt	-	606.28	318.72	695.89	1,262
Long-Term Leases	-	23.18	17.04	2.4	9.45
Long-Term Unearned Revenue	-	216.62	215.77	198.59	215.74
Long-Term Deferred Tax Liabilities	-	269.74	215.98	263.97	276.57
Other Long-Term Liabilities	-	960.24	104.25	62.89	32.59
Total Liabilities	-	8,573	5,232	4,488	4,962
Common Stock	-	1,121	802.83	800.96	800.1
Additional Paid-In Capital	-	7,731	8,058	7,932	7,799
Retained Earnings	-	10,799	5,982	3,966	2,917
Treasury Stock	-	-569.36	-620.48	-782.27	-7.2
Comprehensive Income & Other	-	51.93	38.68	28.5	-19.9
Total Common Equity	26,389	19,134	14,261	11,945	11,489
Minority Interest	-	1,159	513.48	123.79	114.09
Shareholders' Equity	28,018	20,293	14,774	12,069	11,603
Total Liabilities & Equity	-	28,866	20,007	16,557	16,565
Total Debt	1,845	2,647	1,606	1,924	2,553
Net Cash (Debt)	5,957	2,930	2,137	1,926	992.13
Net Cash Growth	103.34%	37.07%	10.96%	94.15%	-
Net Cash Per Share	5.41	2.62	1.94	1.73	0.98
Filing Date Shares Outstanding	1,111	1,105	1,101	1,083	1,081
Total Common Shares Outstanding	1,111	1,105	1,101	1,083	1,081
Working Capital	-	11,698	6,959	6,323	6,856
Book Value Per Share	23.75	17.32	12.95	11.03	10.63
Tangible Book Value	23,984	16,817	11,922	9,675	9,127
Tangible Book Value Per Share	21.59	15.22	10.83	8.94	8.44
Buildings	-	1,825	1,197	1,009	960.56
Machinery	-	6,097	4,375	3,490	3,118
Construction In Progress	-	52.54	328.57	236.33	132.5

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