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	10,987	5,054	3,317	2,831	3,515
Short-Term Investments	-	-	10	-	30.06
Trading Asset Securities	10.02	522.55	416.04	1,019	-
Cash & Short-Term Investments	10,997	5,576	3,743	3,850	3,545
Cash Growth	97.21%	48.97%	-2.77%	8.62%	74.47%
Accounts Receivable	6,409	4,721	2,949	1,624	2,175
Other Receivables	151.73	236.56	28.08	52.93	359.17
Receivables	6,561	4,958	2,977	1,677	2,534
Inventory	12,681	7,051	4,295	3,888	3,799
Other Current Assets	845.4	610.41	304.48	171.72	144.09
Total Current Assets	31,084	18,196	11,319	9,587	10,022
Property, Plant & Equipment	8,607	5,906	4,303	3,465	3,305
Long-Term Investments	2,058	1,322	1,299	948.7	710.65
Goodwill	1,939	1,939	1,939	1,949	1,980
Other Intangible Assets	377.55	377.73	400.52	322.14	382.09
Long-Term Deferred Tax Assets	540.54	221.73	81.94	48.4	46.16
Long-Term Deferred Charges	608.56	480.49	240.38	191.57	60.71
Other Long-Term Assets	73.98	423.37	423.78	45.81	58.54
Total Assets	45,289	28,866	20,007	16,557	16,565
Accounts Payable	7,800	3,508	2,163	1,378	1,441
Accrued Expenses	475.96	333.31	306.25	419.36	184.22
Short-Term Debt	301.35	1,426	791.71	385.19	793.85
Current Portion of Long-Term Debt	680.57	579.07	467.15	832.38	477.36
Current Portion of Leases	34.91	12.46	11.36	7.95	10.26
Current Income Taxes Payable	1,218	226.87	175.47	44.67	58.74
Current Unearned Revenue	26.33	10	2.61	22.41	0.59
Other Current Liabilities	1,021	402.17	442.45	174.06	199.68
Total Current Liabilities	11,558	6,497	4,360	3,264	3,166
Long-Term Debt	510	606.28	318.72	695.89	1,262
Long-Term Leases	74.73	23.18	17.04	2.4	9.45
Long-Term Unearned Revenue	211.36	216.62	215.77	198.59	215.74
Long-Term Deferred Tax Liabilities	291.22	269.74	215.98	263.97	276.57
Other Long-Term Liabilities	1,022	960.24	104.25	62.89	32.59
Total Liabilities	13,668	8,573	5,232	4,488	4,962
Common Stock	1,111	1,121	802.83	800.96	800.1
Additional Paid-In Capital	8,107	7,731	8,058	7,932	7,799
Retained Earnings	20,596	10,799	5,982	3,966	2,917
Treasury Stock	-46.88	-569.36	-620.48	-782.27	-7.2
Comprehensive Income & Other	-1.87	51.93	38.68	28.5	-19.9
Total Common Equity	29,765	19,134	14,261	11,945	11,489
Minority Interest	1,856	1,159	513.48	123.79	114.09
Shareholders' Equity	31,621	20,293	14,774	12,069	11,603
Total Liabilities & Equity	45,289	28,866	20,007	16,557	16,565
Total Debt	1,602	2,647	1,606	1,924	2,553
Net Cash (Debt)	9,395	2,930	2,137	1,926	992.13
Net Cash Growth	220.69%	37.07%	10.96%	94.15%	-
Net Cash Per Share	8.45	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	19,526	11,698	6,959	6,323	6,856
Book Value Per Share	26.79	17.32	12.95	11.03	10.63
Tangible Book Value	27,449	16,817	11,922	9,675	9,127
Tangible Book Value Per Share	24.70	15.22	10.83	8.94	8.44
Land	96.16	-	-	-	-
Buildings	1,858	1,825	1,197	1,009	960.56
Machinery	7,910	6,097	4,375	3,490	3,118
Construction In Progress	1,422	52.54	328.57	236.33	132.5

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