Lihe Technology (Hunan) 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	Mar '26 Mar 31, 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	524.09	750.47	690.31	574.96	600.43	584.92
Trading Asset Securities	537	454	448	664.55	732.5	828
Cash & Short-Term Investments	1,061	1,204	1,138	1,240	1,333	1,413
Cash Growth	8.30%	5.81%	-8.16%	-7.01%	-5.66%	-7.84%
Accounts Receivable	683.29	650.93	563.63	463.67	387.81	404.99
Other Receivables	24.62	23.29	20.49	24.9	31.09	70.22
Receivables	707.91	674.23	584.11	488.57	418.9	475.21
Inventory	264.73	233.44	186.09	182.86	175.08	133.46
Other Current Assets	192.77	180.16	52.44	55.38	56.08	42
Total Current Assets	2,226	2,292	1,961	1,966	1,983	2,064
Property, Plant & Equipment	238.91	234.4	219.19	208.1	214.28	222.5
Long-Term Investments	-	10	236.22	232.92	129.94	-
Other Intangible Assets	9.85	10.2	11.25	12.26	13.74	12.38
Long-Term Deferred Tax Assets	29.4	27.75	22.82	19.16	14.66	14.74
Long-Term Deferred Charges	2.13	2.34	3.35	6.92	13.43	15.46
Other Long-Term Assets	19.2	12.49	0.14	3.53	0.78	3.23
Total Assets	2,526	2,589	2,454	2,449	2,370	2,332
Accounts Payable	202.61	241.38	162.75	120.89	97.74	121.57
Accrued Expenses	12.78	39.36	49.24	42.48	35.98	46.28
Short-Term Debt	-	-	-	-	1.17	-
Current Portion of Long-Term Debt	2.14	2.82	-	-	-	0.17
Current Portion of Leases	-	-	2.11	2.2	1.98	3.35
Current Income Taxes Payable	1.65	13.95	0.23	0.25	0.32	24.04
Current Unearned Revenue	163.51	171.79	146.55	143.6	133.66	75.18
Other Current Liabilities	7.75	7.21	14.96	6.5	6.28	3.95
Total Current Liabilities	390.44	476.52	375.84	315.92	277.12	274.53
Long-Term Leases	4.27	4.18	1.94	2.67	3.21	0.9
Long-Term Unearned Revenue	52.47	45.29	42.69	44.09	39.71	35.31
Long-Term Deferred Tax Liabilities	0.74	0.99	0.85	1.54	1.86	-
Other Long-Term Liabilities	16.55	18.25	8.09	7.23	2.25	7.95
Total Liabilities	464.47	545.24	429.41	371.46	324.15	318.69
Common Stock	236.76	236.76	236.76	238.4	238.4	238.4
Additional Paid-In Capital	763.78	760.8	756.81	802.97	831.16	821.71
Retained Earnings	1,109	1,094	1,078	1,081	1,069	1,046
Treasury Stock	-50.03	-50.03	-50.03	-47.8	-93.22	-93.22
Comprehensive Income & Other	-0.7	-0.09	0.07	-	-	-
Total Common Equity	2,059	2,042	2,022	2,075	2,046	2,013
Minority Interest	2.52	2.55	2.4	3.2	-	-
Shareholders' Equity	2,062	2,044	2,025	2,078	2,046	2,013
Total Liabilities & Equity	2,526	2,589	2,454	2,449	2,370	2,332
Total Debt	6.42	7.01	4.05	4.87	6.35	4.42
Net Cash (Debt)	1,055	1,197	1,134	1,235	1,327	1,409
Net Cash Growth	8.06%	5.57%	-8.13%	-6.93%	-5.82%	-8.11%
Net Cash Per Share	4.39	5.06	4.84	5.24	5.69	5.97
Filing Date Shares Outstanding	248.68	213.18	231.13	236.76	235.2	235.2
Total Common Shares Outstanding	248.68	213.18	231.13	236.76	235.2	235.2
Working Capital	1,836	1,816	1,585	1,650	1,706	1,789
Book Value Per Share	8.28	9.58	8.75	8.76	8.70	8.56
Tangible Book Value	2,049	2,031	2,011	2,062	2,032	2,001
Tangible Book Value Per Share	8.24	9.53	8.70	8.71	8.64	8.51
Buildings	-	-	135.07	130.42	130.42	130.42
Machinery	-	-	261.71	220.78	203.92	173.16
Construction In Progress	-	-	14.15	4.61	5.05	7.86

Source: S&P Global Market Intelligence. Standard template. Financial Sources.