Ningbo Exciton Technology 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	Sep '26 Sep 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	398.83	556.67	681.22	913.3	841.71	1,088
Short-Term Investments	-	-	-	30	-	-
Trading Asset Securities	218.18	24.84	-	0.75	0.77	1.01
Cash & Short-Term Investments	617.01	581.51	681.22	944.05	842.48	1,089
Cash Growth	-3.90%	-14.64%	-27.84%	12.06%	-22.66%	216.40%
Accounts Receivable	1,030	1,099	1,062	1,019	866.83	833.72
Other Receivables	2.27	1.73	2.11	2.51	10.22	13.82
Receivables	1,033	1,101	1,064	1,022	877.05	847.54
Inventory	313.99	285.19	375.6	436.19	463.49	438.09
Other Current Assets	38.18	43.61	53.53	40.3	65.42	45.5
Total Current Assets	2,002	2,011	2,175	2,442	2,248	2,420
Property, Plant & Equipment	932.93	930.45	930.65	929.36	850.02	671.15
Long-Term Investments	620.94	384.78	335.68	326.86	212.66	164.69
Goodwill	34.66	34.66	34.66	34.66	34.93	34.66
Other Intangible Assets	133.49	135.39	139.69	143.69	140.36	144.38
Long-Term Deferred Tax Assets	21.19	21.04	15.23	25.73	41.94	39.34
Long-Term Deferred Charges	16.64	17.45	18.51	19.76	16.3	11.99
Other Long-Term Assets	14.87	22.73	34.36	33.53	28.84	22.22
Total Assets	3,777	3,558	3,683	3,956	3,573	3,509

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	948.53	778.45	861.86	955.63	871.64	819.21
Accrued Expenses	33.48	57.14	43.8	42.21	40.85	43.79
Short-Term Debt	164.64	250.05	390.85	673.92	665.88	697.36
Current Portion of Long-Term Debt	3.74	56.52	115.84	40	100	40
Current Portion of Leases	-	-	-	0.38	2.58	5.08
Current Income Taxes Payable	21.37	9.07	9.19	2.77	1.31	0.43
Current Unearned Revenue	6.65	7.67	6.25	3.82	2.49	4.83
Other Current Liabilities	18.5	22.11	33.75	70.35	56.15	22.1
Total Current Liabilities	1,197	1,181	1,462	1,789	1,741	1,633
Long-Term Debt	10.32	119.06	138.16	226	28.5	70
Long-Term Leases	-	-	-	-	0.36	1.56
Long-Term Unearned Revenue	56.74	63.62	71.77	68.88	79.45	73.73
Long-Term Deferred Tax Liabilities	51.79	16.51	13.2	10.59	0.33	6.83
Total Liabilities	1,316	1,380	1,685	2,095	1,850	1,785

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	262.1	263.74	263.74	263.74	263.74	262.09
Additional Paid-In Capital	795.04	817.14	813.99	789.67	810.63	844.45
Retained Earnings	1,087	1,008	856.72	705.72	572.23	540.12
Treasury Stock	-30	-60.93	-60.93	-30.93	-9.94	-
Comprehensive Income & Other	333.76	142	120.57	107.64	45.49	36.61
Total Common Equity	2,448	2,170	1,994	1,836	1,682	1,683
Minority Interest	13.07	7.2	4.72	25.57	41.79	40.69
Shareholders' Equity	2,461	2,178	1,999	1,861	1,724	1,724
Total Liabilities & Equity	3,777	3,558	3,683	3,956	3,573	3,509

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	178.7	425.63	644.85	940.31	797.32	814
Net Cash (Debt)	438.32	155.87	36.37	3.74	45.16	275.34
Net Cash Growth	718.84%	328.53%	873.16%	-91.72%	-83.60%	-
Net Cash Per Share	1.70	0.60	0.14	0.01	0.17	1.18
Filing Date Shares Outstanding	259.72	259.72	259.72	261.29	263.11	262.09
Total Common Shares Outstanding	259.72	259.72	259.72	262.1	263.11	262.09
Working Capital	804.94	830.28	713.15	653.28	507.54	787.67
Book Value Per Share	9.42	8.36	7.68	7.00	6.39	6.42
Tangible Book Value	2,280	2,000	1,820	1,657	1,507	1,504
Tangible Book Value Per Share	8.78	7.70	7.01	6.32	5.73	5.74
Land	-	34.7	-	-	-	-
Buildings	-	628.44	583.7	554.56	371.3	329.93
Machinery	-	799.99	728.5	654.16	571.17	496.17
Construction In Progress	-	59.23	118.95	135.74	249.53	124.65