MCLON JEWELLERY 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	694.5	676.26	720.33	942.75	211.06	225.15
Short-Term Investments	-	50	-	-	-	-
Trading Asset Securities	170.53	135.15	250	30	13.5	-
Cash & Short-Term Investments	865.03	861.41	970.33	972.75	224.56	225.15
Cash Growth	-13.36%	-11.22%	-0.25%	333.19%	-0.26%	24.49%
Accounts Receivable	62.83	52.59	52.95	52.82	37.51	60.17
Other Receivables	9.23	9.6	8.05	6.26	4.24	4.08
Receivables	72.06	62.18	61	59.08	41.75	64.25
Inventory	766.81	767.2	531.51	518.65	447.88	441.94
Other Current Assets	78.12	28.07	25.65	36.58	53.58	5.18
Total Current Assets	1,782	1,719	1,588	1,587	767.77	736.53
Property, Plant & Equipment	100.91	106.02	104.46	95.98	90.98	43.74
Long-Term Investments	-	-	0.02	0.02	-	-
Other Intangible Assets	0.19	0.24	0.47	0.64	1.48	2.27
Long-Term Deferred Tax Assets	2.4	1.88	2.71	1.81	1.18	1.92
Long-Term Deferred Charges	7.77	9.24	7.59	5.22	2.51	5.62
Other Long-Term Assets	116.06	116.06	105	-	7.2	59.65
Total Assets	2,009	1,952	1,809	1,691	871.12	849.73
Accounts Payable	20.18	31.1	17.34	21.54	16.44	36.98
Accrued Expenses	14.36	30.27	19.83	18.71	10.2	15.03
Short-Term Debt	125.01	130.01	95.01	50	-	-
Current Portion of Leases	14.54	16.44	12.85	10.84	9.08	8.79
Current Income Taxes Payable	64.11	25.92	10.64	3.47	2.43	4.98
Current Unearned Revenue	0.44	6.16	6.04	6.32	2.38	3.35
Other Current Liabilities	23.79	20.34	18.23	19.46	15.79	13.71
Total Current Liabilities	262.41	260.24	179.95	130.33	56.31	82.83
Long-Term Leases	8.36	11.18	11.64	3.4	4.76	4.48
Long-Term Deferred Tax Liabilities	0.01	0.03	0.01	0.03	0.18	0.01
Other Long-Term Liabilities	-	-	-	3.48	-	-
Total Liabilities	270.79	271.44	191.61	137.25	61.25	87.32
Common Stock	262.07	262.07	261.95	261.95	204.58	204
Additional Paid-In Capital	779.45	779.28	778.37	779.7	153.29	139.49
Retained Earnings	693.27	636.14	573.98	509.81	451.41	418.92
Total Common Equity	1,735	1,677	1,614	1,551	809.28	762.42
Minority Interest	3.78	3.37	2.83	2.03	0.59	-
Shareholders' Equity	1,739	1,681	1,617	1,553	809.87	762.42
Total Liabilities & Equity	2,009	1,952	1,809	1,691	871.12	849.73
Total Debt	147.91	157.63	119.5	64.23	13.84	13.26
Net Cash (Debt)	717.12	703.79	850.82	908.52	210.72	211.89
Net Cash Growth	-17.01%	-17.28%	-6.35%	331.15%	-0.55%	17.16%
Net Cash Per Share	2.78	2.70	3.27	3.97	1.05	1.09
Filing Date Shares Outstanding	262.07	262.07	261.95	261.95	204.58	204
Total Common Shares Outstanding	262.07	262.07	261.95	261.95	204.58	204
Working Capital	1,520	1,459	1,409	1,457	711.45	653.7
Book Value Per Share	6.62	6.40	6.16	5.92	3.96	3.74
Tangible Book Value	1,735	1,677	1,614	1,551	807.79	760.15
Tangible Book Value Per Share	6.62	6.40	6.16	5.92	3.95	3.73
Buildings	-	87.38	87.38	87.19	79.14	31.14
Machinery	-	14.62	13.31	11.75	11.31	11.52
Construction In Progress	-	-	-	-	0.14	-