MCLON JEWELLERY Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	758.95	720.33	942.75	211.06	225.15	180.86
Trading Asset Securities	202	250	30	13.5	-	-
Cash & Short-Term Investments	960.95	970.33	972.75	224.56	225.15	180.86
Cash Growth	2.51%	-0.25%	333.19%	-0.26%	24.49%	74.20%
Accounts Receivable	45.32	52.95	52.82	37.51	60.17	38.76
Other Receivables	8.33	8.05	6.26	4.24	4.08	2.69
Receivables	53.65	61	59.08	41.75	64.25	41.45
Inventory	668.83	531.51	518.65	447.88	441.94	337.7
Other Current Assets	75.64	25.65	36.58	53.58	5.18	10.61
Total Current Assets	1,759	1,588	1,587	767.77	736.53	570.62
Property, Plant & Equipment	104.87	104.46	95.98	90.98	43.74	27.68
Long-Term Investments	-	0.02	0.02	-	-	-
Other Intangible Assets	0.29	0.47	0.64	1.48	2.27	2.6
Long-Term Deferred Tax Assets	3.9	2.71	1.81	1.18	1.92	2.01
Long-Term Deferred Charges	7.8	7.59	5.22	2.51	5.62	3.38
Other Long-Term Assets	95.38	105	-	7.2	59.65	-
Total Assets	1,971	1,809	1,691	871.12	849.73	606.29
Accounts Payable	58.96	17.34	21.54	16.44	36.98	26.23
Accrued Expenses	13.59	19.83	18.71	10.2	15.03	21.15
Short-Term Debt	140.01	95.01	50	-	-	-
Current Portion of Leases	15.81	12.85	10.84	9.08	8.79	-
Current Income Taxes Payable	28.04	10.64	3.47	2.43	4.98	7.32
Current Unearned Revenue	1.91	6.04	6.32	2.38	3.35	2.04
Other Current Liabilities	33.38	18.23	19.46	15.79	13.71	10.63
Total Current Liabilities	291.69	179.95	130.33	56.31	82.83	67.37
Long-Term Leases	10.44	11.64	3.4	4.76	4.48	-
Long-Term Deferred Tax Liabilities	0.59	0.01	0.03	0.18	0.01	0.02
Other Long-Term Liabilities	-	-	3.48	-	-	-
Total Liabilities	302.72	191.61	137.25	61.25	87.32	67.39
Common Stock	262.07	261.95	261.95	204.58	204	153
Additional Paid-In Capital	779.28	778.37	779.7	153.29	139.49	17.88
Retained Earnings	623.76	573.98	509.81	451.41	418.92	368.02
Total Common Equity	1,665	1,614	1,551	809.28	762.42	538.9
Minority Interest	3.48	2.83	2.03	0.59	-	-
Shareholders' Equity	1,669	1,617	1,553	809.87	762.42	538.9
Total Liabilities & Equity	1,971	1,809	1,691	871.12	849.73	606.29
Total Debt	166.26	119.5	64.23	13.84	13.26	-
Net Cash (Debt)	794.69	850.82	908.52	210.72	211.89	180.86
Net Cash Growth	-1.40%	-6.35%	331.15%	-0.55%	17.16%	74.20%
Net Cash Per Share	3.09	3.27	3.97	1.05	1.09	1.19
Filing Date Shares Outstanding	262.07	261.95	261.95	204.58	204	204
Total Common Shares Outstanding	262.07	261.95	261.95	204.58	204	153
Working Capital	1,467	1,409	1,457	711.45	653.7	503.25
Book Value Per Share	6.35	6.16	5.92	3.96	3.74	3.52
Tangible Book Value	1,665	1,614	1,551	807.79	760.15	536.3
Tangible Book Value Per Share	6.35	6.16	5.92	3.95	3.73	3.51
Buildings	-	87.38	87.19	79.14	31.14	31.14
Machinery	-	13.31	11.75	11.31	11.52	10.5
Construction In Progress	-	-	-	0.14	-	-

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