MeHow Innovative 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	1,535	1,452	1,252	1,708	1,230	419.87
Trading Asset Securities	127.05	212.1	491.73	15.83	525.64	13.9
Cash & Short-Term Investments	1,662	1,664	1,744	1,724	1,756	433.77
Cash Growth	-2.31%	-4.58%	1.16%	-1.82%	304.83%	-18.99%
Accounts Receivable	372.63	386.55	352.04	228.02	203.92	217.91
Other Receivables	5.71	5.72	5.3	3.17	2.52	4.68
Receivables	378.34	392.27	357.33	231.19	206.44	222.6
Inventory	395.4	379.15	329.5	374.74	433.46	314.32
Other Current Assets	25.11	19.58	29.69	29.01	29.02	79.71
Total Current Assets	2,461	2,455	2,461	2,359	2,425	1,050
Property, Plant & Equipment	1,637	1,625	1,349	1,045	866.3	744.52
Other Intangible Assets	125.18	127.21	81.51	79.72	81.37	82.39
Long-Term Deferred Tax Assets	14.81	13.58	12.76	4.38	6.91	9.63
Long-Term Deferred Charges	0.71	0.18	0.9	3.86	5.43	0.14
Other Long-Term Assets	13.09	13.05	17.29	30.9	3.47	14.09
Total Assets	4,252	4,234	3,922	3,523	3,388	1,901
Accounts Payable	165.38	178.01	216.08	137.69	182.68	232.04
Accrued Expenses	46.05	62.17	60.03	53.2	46.7	32.52
Short-Term Debt	106	106	-	-	-	30.03
Current Portion of Long-Term Debt	2.55	2.74	-	-	-	-
Current Portion of Leases	-	-	6.12	6.52	5.96	10.25
Current Income Taxes Payable	9.78	15.24	8.23	3.53	3.09	13.13
Current Unearned Revenue	60.61	60.65	78.74	67.52	61.95	55.07
Other Current Liabilities	2.34	4.78	3.16	3.86	6.9	2.15
Total Current Liabilities	392.71	429.59	372.36	272.31	307.27	375.19
Long-Term Debt	-	-	-	-	-	82.09
Long-Term Leases	2.82	2.7	9.17	11.61	3.93	7.66
Long-Term Unearned Revenue	19.63	20.46	26.42	29.87	29.2	28.74
Long-Term Deferred Tax Liabilities	52.45	47.68	34.01	27.19	26.66	15.75
Total Liabilities	467.62	500.43	441.96	340.98	367.07	509.44
Common Stock	568.87	568.87	406.66	406.66	406.66	362.39
Additional Paid-In Capital	1,461	1,456	1,624	1,597	1,597	416.52
Retained Earnings	1,751	1,694	1,497	1,198	1,027	625.1
Treasury Stock	-29.43	-29.43	-50.1	-	-	-
Comprehensive Income & Other	33.19	44.22	1.83	-19.57	-9.51	-12.27
Shareholders' Equity	3,785	3,733	3,480	3,182	3,021	1,392
Total Liabilities & Equity	4,252	4,234	3,922	3,523	3,388	1,901
Total Debt	111.38	111.44	15.29	18.13	9.88	130.04
Net Cash (Debt)	1,551	1,553	1,729	1,706	1,746	303.74
Net Cash Growth	-7.66%	-10.19%	1.33%	-2.30%	474.90%	-43.27%
Net Cash Per Share	2.75	2.74	3.06	2.99	3.35	0.60
Filing Date Shares Outstanding	566.84	576.52	566.01	569.32	569.32	507.35
Total Common Shares Outstanding	566.84	576.52	566.01	569.32	569.32	507.35
Working Capital	2,069	2,025	2,088	2,087	2,118	675.21
Book Value Per Share	6.68	6.48	6.15	5.59	5.31	2.74
Tangible Book Value	3,659	3,606	3,398	3,103	2,940	1,309
Tangible Book Value Per Share	6.46	6.26	6.00	5.45	5.16	2.58
Land	-	-	1.78	1.69	1.73	1.68
Buildings	-	-	613.88	599.57	542.32	94.84
Machinery	-	-	597.75	523.6	457.95	304.26
Construction In Progress	-	-	463.31	161.66	39.62	456.66

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