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	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	367.08	556.67	681.22	913.3	841.71	1,088
Short-Term Investments	-	-	-	30	-	-
Trading Asset Securities	137.36	24.84	-	0.75	0.77	1.01
Cash & Short-Term Investments	504.44	581.51	681.22	944.05	842.48	1,089
Cash Growth	-8.83%	-14.64%	-27.84%	12.06%	-22.66%	216.40%
Accounts Receivable	975.52	1,099	1,062	1,019	866.83	833.72
Other Receivables	2.13	1.73	2.11	2.51	10.22	13.82
Receivables	977.64	1,101	1,064	1,022	877.05	847.54
Inventory	326.45	285.19	375.6	436.19	463.49	438.09
Other Current Assets	40.4	43.61	53.53	40.3	65.42	45.5
Total Current Assets	1,849	2,011	2,175	2,442	2,248	2,420
Property, Plant & Equipment	931.5	930.45	930.65	929.36	850.02	671.15
Long-Term Investments	718.54	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	133.97	135.39	139.69	143.69	140.36	144.38
Long-Term Deferred Tax Assets	21.65	21.04	15.23	25.73	41.94	39.34
Long-Term Deferred Charges	13.86	17.45	18.51	19.76	16.3	11.99
Other Long-Term Assets	17.28	22.73	34.36	33.53	28.84	22.22
Total Assets	3,720	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	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	846.5	778.45	861.86	955.63	871.64	819.21
Accrued Expenses	26.28	57.14	43.8	42.21	40.85	43.79
Short-Term Debt	133.64	250.05	390.85	673.92	665.88	697.36
Current Portion of Long-Term Debt	3.25	56.52	115.84	40	100	40
Current Portion of Leases	-	-	-	0.38	2.58	5.08
Current Income Taxes Payable	12.12	9.07	9.19	2.77	1.31	0.43
Current Unearned Revenue	10.37	7.67	6.25	3.82	2.49	4.83
Other Current Liabilities	21.76	22.11	33.75	70.35	56.15	22.1
Total Current Liabilities	1,054	1,181	1,462	1,789	1,741	1,633
Long-Term Debt	15.99	119.06	138.16	226	28.5	70
Long-Term Leases	-	-	-	-	0.36	1.56
Long-Term Unearned Revenue	58.73	63.62	71.77	68.88	79.45	73.73
Long-Term Deferred Tax Liabilities	65.7	16.51	13.2	10.59	0.33	6.83
Total Liabilities	1,194	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	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	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	1,072	1,008	856.72	705.72	572.23	540.12
Treasury Stock	-30	-60.93	-60.93	-30.93	-9.94	-
Comprehensive Income & Other	415.52	142	120.57	107.64	45.49	36.61
Total Common Equity	2,515	2,170	1,994	1,836	1,682	1,683
Minority Interest	11.52	7.2	4.72	25.57	41.79	40.69
Shareholders' Equity	2,526	2,178	1,999	1,861	1,724	1,724
Total Liabilities & Equity	3,720	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	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	152.88	425.63	644.85	940.31	797.32	814
Net Cash (Debt)	351.57	155.87	36.37	3.74	45.16	275.34
Net Cash Growth	-	328.53%	873.16%	-91.72%	-83.60%	-
Net Cash Per Share	1.35	0.60	0.14	0.01	0.17	1.18
Filing Date Shares Outstanding	265.7	259.72	259.72	261.29	263.11	262.09
Total Common Shares Outstanding	265.7	259.72	259.72	262.1	263.11	262.09
Working Capital	795.04	830.28	713.15	653.28	507.54	787.67
Book Value Per Share	9.46	8.36	7.68	7.00	6.39	6.42
Tangible Book Value	2,346	2,000	1,820	1,657	1,507	1,504
Tangible Book Value Per Share	8.83	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