Focus Lightings Tech Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

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	1,460	1,327	1,553	2,336	1,021	443.33
Trading Asset Securities	92.12	250	140	0.06	-	-
Cash & Short-Term Investments	1,552	1,577	1,693	2,336	1,021	443.33
Cash Growth	0.42%	-6.86%	-27.52%	128.90%	130.20%	60.06%
Accounts Receivable	947.93	732.11	747.74	686.84	766.52	729.13
Other Receivables	17.7	-	-	-	-	-
Receivables	965.63	732.11	747.74	686.84	766.52	729.13
Inventory	686.48	625.77	239.52	221.28	292.44	212.35
Other Current Assets	69.02	92.08	41.48	29.72	32.42	287.53
Total Current Assets	3,274	3,027	2,722	3,274	2,112	1,672
Property, Plant & Equipment	1,958	1,847	1,647	1,259	1,371	1,125
Other Intangible Assets	21.96	22.6	23.74	25.02	24.8	24.07
Long-Term Deferred Tax Assets	73.03	82.61	85.9	97.93	54.06	37.74
Long-Term Deferred Charges	-	-	-	0.04	0.15	0.25
Other Long-Term Assets	150.83	113.91	153.85	83.87	76.32	148.14
Total Assets	5,477	5,093	4,632	4,740	3,639	3,008
Accounts Payable	1,352	1,544	1,294	861.34	1,225	935.54
Accrued Expenses	28.51	34.05	34.29	31.71	20.49	17.53
Short-Term Debt	990.6	461.6	525	875.2	609.15	91.35
Current Portion of Long-Term Debt	0.83	-	-	-	1.33	40.72
Current Portion of Leases	-	0.39	0.4	0.67	1.23	1.24
Current Income Taxes Payable	3	6.72	1.49	0.03	-	0.04
Current Unearned Revenue	43.09	0.45	7.61	3.61	1.98	1.25
Other Current Liabilities	113.34	176.65	48.62	83.8	82.68	6.69
Total Current Liabilities	2,531	2,224	1,912	1,856	1,942	1,094
Long-Term Debt	-	-	-	-	83.1	259.6
Long-Term Leases	2.23	2.64	3.51	0.19	0.56	1.81
Long-Term Unearned Revenue	-	5.77	-	-	-	-
Total Liabilities	2,533	2,232	1,915	1,857	2,025	1,356
Common Stock	943.33	938.92	676.21	670.98	544.69	543.63
Additional Paid-In Capital	1,348	1,318	1,839	1,801	757.24	711.65
Retained Earnings	651.98	603.11	501.03	411.01	311.64	396.78
Treasury Stock	-	-	-300.05	-	-	-
Comprehensive Income & Other	0.17	0.21	0.93	0.29	-	-
Shareholders' Equity	2,944	2,861	2,717	2,883	1,614	1,652
Total Liabilities & Equity	5,477	5,093	4,632	4,740	3,639	3,008
Total Debt	993.65	464.63	528.92	876.06	695.36	394.73
Net Cash (Debt)	558.78	1,112	1,164	1,460	325.17	48.6
Net Cash Growth	-55.03%	-4.45%	-20.26%	348.97%	569.06%	-
Net Cash Per Share	0.71	1.52	1.79	1.74	0.43	0.06
Filing Date Shares Outstanding	939.57	938.92	932.9	972.93	789.8	788.27
Total Common Shares Outstanding	939.57	938.92	932.9	972.93	789.8	788.27
Working Capital	742.35	803.29	809.87	1,417	170.4	577.96
Book Value Per Share	3.13	3.05	2.91	2.96	2.04	2.10
Tangible Book Value	2,922	2,838	2,693	2,858	1,589	1,628
Tangible Book Value Per Share	3.11	3.02	2.89	2.94	2.01	2.07
Buildings	-	408.34	395.05	201.67	171.67	131.92
Machinery	-	2,203	1,881	1,684	1,493	1,273
Construction In Progress	-	220.43	156.57	16.04	185.72	58.71