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$MTEN
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Consolidated Balance Sheets

In millions of USD, except per-share amounts
Q4 FY2025
As of Dec 31, 2025
Q4 FY2024
As of Dec 31, 2024
Q4 FY2023
As of Dec 31, 2023
Current Assets
Cash and cash equivalents
Short-term investments
Accounts receivable, net
Other receivables-bank acceptance notes, net
Advances to suppliers
Other receivables
Inventories, net
Contract costs, net
Total current assets
Non-current Assets
Property and equipment, net
Intangible assets
Operating lease right-of-use assets, net
Deferred offering costs
Long-term investments
Other assets, non-current
Total non-current assets
Total Assets
LIABILITIES AND EQUITY
Current Liabilities
Short-term loans
Accounts payable
Other payables and other current liabilities
Income tax payable
Advance from customers
Amounts due to related parties
Related Party
Total amounts due to related parties
Payroll payable
Current portion of lease liabilities
Total current liabilities
Non-current Liabilities
Deferred tax liabilities
Non-current portion of lease liabilities
Total non-current liabilities
Total liabilities
Shareholders’ Equity:
Common Stock Value
Class A Ordinary Shares
Class B Ordinary Shares
Total common Stock Value
Additional paid-in capital
Statutory reserves
Retained earnings (accumulated deficit)
Accumulated other comprehensive loss
Total shareholders’ equity
Total Liabilities and Shareholders’ Equity

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