Mingyue Optical Lens 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	366.34	742.93	1,288	953.31	934.01	996.79
Short-Term Investments	-	20.05	-	121.06	-	-
Trading Asset Securities	987.72	661.28	-	122.47	188.34	129.55
Cash & Short-Term Investments	1,354	1,424	1,288	1,197	1,122	1,126
Cash Growth	3.88%	10.58%	7.62%	6.64%	-0.35%	447.39%
Accounts Receivable	199.75	92.5	109.15	123.94	113.27	110.03
Other Receivables	2.47	22.52	20.44	13.61	7.89	17.02
Receivables	202.22	115.01	129.58	137.55	121.16	127.05
Inventory	92.09	95.03	89.9	75.88	89.73	109.59
Other Current Assets	71.36	28.94	29.82	25.66	32.77	16.02
Total Current Assets	1,720	1,663	1,537	1,436	1,366	1,379
Property, Plant & Equipment	270.88	269.03	251.02	239.6	204.14	149.42
Long-Term Investments	0.54	0.54	0.59	0.59	-	-
Other Intangible Assets	57.65	45.7	45.92	39.81	41.16	42.51
Long-Term Deferred Tax Assets	9.44	6.43	4.49	2.1	1.54	7.3
Long-Term Deferred Charges	18.52	16.05	8.24	16.23	32.81	14.11
Other Long-Term Assets	15.37	19.39	13.51	18.48	13.86	3.04
Total Assets	2,092	2,020	1,861	1,753	1,660	1,595
Accounts Payable	54.01	51.43	38.07	58.52	76.53	68.14
Accrued Expenses	28.72	48.91	38.82	33.6	30.12	46.15
Current Portion of Long-Term Debt	-	45.03	-	-	-	-
Current Portion of Leases	46.03	2.3	3.49	3.5	3.58	4.5
Current Income Taxes Payable	19.94	6.2	7.98	6.67	3.78	2.51
Current Unearned Revenue	4.83	9.36	6.76	6.72	4.77	5.7
Other Current Liabilities	65.23	39.96	38	23.24	17.46	18.94
Total Current Liabilities	218.76	203.18	133.12	132.25	136.23	145.94
Long-Term Leases	1.52	2.14	0.52	3.31	5.99	0.17
Long-Term Unearned Revenue	10.66	11.26	10.82	12.63	2.8	3.3
Long-Term Deferred Tax Liabilities	0.22	0.24	0.23	1.01	2.64	0.82
Total Liabilities	231.16	216.82	144.69	149.21	147.66	150.23
Common Stock	201.51	201.51	201.51	201.51	134.34	134.34
Additional Paid-In Capital	968.61	968.61	968.61	969.66	1,037	1,037
Retained Earnings	680.62	624.9	531.92	415.36	298.12	233.17
Treasury Stock	-30	-30	-30	-30	-	-
Comprehensive Income & Other	-2.13	-2.55	-2.52	-0	-0	0
Total Common Equity	1,819	1,762	1,670	1,557	1,469	1,404
Minority Interest	42.36	41.12	46.89	47.01	42.57	40.81
Shareholders' Equity	1,861	1,804	1,716	1,604	1,512	1,445
Total Liabilities & Equity	2,092	2,020	1,861	1,753	1,660	1,595
Total Debt	47.55	49.48	4.01	6.81	9.57	4.67
Net Cash (Debt)	1,307	1,375	1,284	1,190	1,113	1,122
Net Cash Growth	2.59%	7.07%	7.90%	6.94%	-0.79%	445.12%
Net Cash Per Share	6.51	6.85	6.40	5.91	5.52	7.42
Filing Date Shares Outstanding	200.73	200.73	200.73	200.73	201.51	201.51
Total Common Shares Outstanding	200.73	200.73	200.73	200.73	201.51	201.51
Working Capital	1,501	1,460	1,404	1,304	1,230	1,233
Book Value Per Share	9.06	8.78	8.32	7.75	7.29	6.97
Tangible Book Value	1,761	1,717	1,624	1,517	1,428	1,362
Tangible Book Value Per Share	8.77	8.55	8.09	7.56	7.09	6.76
Buildings	-	136.15	132.35	127.91	97.29	97.29
Machinery	-	357.76	312.71	275.49	219.83	208.77
Construction In Progress	-	7.9	4.02	5.52	47.66	1.17

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