CETC Lantian Technology Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	1,567	1,993	2,415	2,788
Trading Asset Securities	111.54	104.7	99.07	92.96
Cash & Short-Term Investments	1,679	2,098	2,514	2,881
Cash Growth	-19.98%	-16.57%	-12.72%	-
Accounts Receivable	2,657	2,407	2,112	1,375
Other Receivables	8.89	3.62	5.61	4.94
Receivables	2,666	2,410	2,117	1,380
Inventory	2,021	1,583	1,360	1,137
Other Current Assets	83.57	97.28	99.34	105.42
Total Current Assets	6,449	6,188	6,091	5,503
Property, Plant & Equipment	954.27	807.76	770.17	692.59
Long-Term Investments	136.65	129.05	126.67	124.85
Other Intangible Assets	45.16	15.03	16.25	6.34
Long-Term Deferred Tax Assets	86.68	77.28	52.01	35.43
Long-Term Deferred Charges	45.84	15.75	14.95	11
Other Long-Term Assets	42.67	44.5	37.52	38.18
Total Assets	7,760	7,278	7,109	6,411
Accounts Payable	2,995	2,621	2,475	1,569
Accrued Expenses	94.91	134.1	178.29	253.8
Short-Term Debt	25.02	27.66	-	-
Current Portion of Long-Term Debt	77.77	-	-	-
Current Portion of Leases	-	70.94	49.98	44.17
Current Income Taxes Payable	55.26	54.93	40.21	21.26
Current Unearned Revenue	257.48	189.24	540.17	751.97
Other Current Liabilities	121.94	459.98	334.86	405.18
Total Current Liabilities	3,628	3,558	3,619	3,045
Long-Term Debt	77.45	-	-	-
Long-Term Leases	6.13	49.14	35.32	66.05
Long-Term Unearned Revenue	164.63	127.09	74.31	56.04
Other Long-Term Liabilities	4.3	-	4.3	4.3
Total Liabilities	3,880	3,735	3,733	3,171
Common Stock	1,563	1,563	1,563	1,563
Additional Paid-In Capital	1,215	1,217	1,216	1,217
Retained Earnings	1,033	708.54	547.57	415.67
Comprehensive Income & Other	41.29	27.11	22.36	17.75
Total Common Equity	3,852	3,516	3,350	3,214
Minority Interest	27.97	27.33	26.56	26.13
Shareholders' Equity	3,880	3,543	3,376	3,240
Total Liabilities & Equity	7,760	7,278	7,109	6,411
Total Debt	186.37	147.75	85.3	110.22
Net Cash (Debt)	1,492	1,950	2,429	2,771
Net Cash Growth	-23.48%	-19.72%	-12.33%	-
Net Cash Per Share	0.95	1.25	1.55	1.77
Filing Date Shares Outstanding	-	1,563	1,563	1,564
Total Common Shares Outstanding	-	1,563	1,563	1,564
Working Capital	2,821	2,630	2,472	2,458
Book Value Per Share	-	2.25	2.14	2.06
Tangible Book Value	3,807	3,501	3,333	3,208
Tangible Book Value Per Share	-	2.24	2.13	2.05
Buildings	-	252.41	252.41	24.94
Machinery	-	611.07	550.86	248.8
Construction In Progress	-	56.8	38.89	417.51

Source: S&P Capital IQ. Standard template. Financial Sources.