Balance Sheet

Current Liabilities	145.5m
Accounts Payable	53.7m
Accrued Liabilities	27.3m
Short-Term Debt	3.4m
Other Current Liabilities	61.1m
Non-Current Liabilities	61.8m
Long-Term Debt	2.5m
Other Non-Current Liabilities	59.2m

Currency: CNY

	Dec-2018	Dec-2019	Dec-2020	Dec-2021	Dec-2022	Dec-2023
Assets
Cash & Cash Equivalents	62	145	206	997	934	688
Cash	62	144	205	997	934	688
Cash Equivalents	0	1	1	0	0	0
Short-Term Investments	3	0	0	130	188	509
Total Receivables	116	131	146	130	127	143
Accounts Receivables	104	120	128	110	113	124
Other Receivables	13	11	17	20	13	19
Inventory	123	121	101	110	90	76
Other Current Assets	11	15	20	13	27	21
Total Current Assets	315	412	472	1 379	1 366	1 436
PP&E Net	149	151	148	149	204	240
PP&E Gross	149	151	148	149	204	240
Accumulated Depreciation	115	132	150	169	181	192
Intangible Assets	42	43	44	43	41	40
Long-Term Investments	1	1	0	0	0	1
Other Long-Term Assets	24	21	28	24	48	37
Total Assets	531 N/A	628 +18%	692 +10%	1 595 +131%	1 660 +4%	1 753 +6%
Liabilities
Accounts Payable	72	67	70	68	77	59
Accrued Liabilities	18	18	18	21	19	21
Short-Term Debt	88	13	0	0	1	0
Current Portion of Long-Term Debt	0	0	0	4	4	4
Other Current Liabilities	42	36	38	52	37	49
Total Current Liabilities	220	134	126	146	136	132
Long-Term Debt	0	0	0	0	6	3
Deferred Income Tax	1	1	1	1	3	1
Minority Interest	20	27	36	41	43	47
Other Liabilities	10	11	2	3	3	13
Total Liabilities	251 N/A	174 -31%	165 -5%	191 +16%	190 0%	196 +3%
Equity
Common Stock	55	101	101	134	134	202
Retained Earnings	83	81	151	233	298	415
Additional Paid In Capital	142	272	275	1 037	1 037	970
Treasury Stock	0	0	0	0	0	30
Other Equity	0	0	0	0	0	0
Total Equity	280 N/A	454 +62%	527 +16%	1 404 +166%	1 469 +5%	1 557 +6%
Total Liabilities & Equity	531 N/A	628 +18%	692 +10%	1 595 +131%	1 660 +4%	1 753 +6%
Shares Outstanding
Common Shares Outstanding	134	134	202	202	202	201

Mingyue Optical Lens Co Ltd
SZSE:301101

52 Week Range	20.18 41.86
Price Target