Shui On Land 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	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	4,635	4,954	5,745	11,176	17,284
Cash & Short-Term Investments	4,635	4,954	5,745	11,176	17,284
Cash Growth	-6.44%	-13.77%	-48.59%	-35.34%	19.34%
Accounts Receivable	332	444	646	706	690
Other Receivables	548	602	653	749	591
Receivables	4,832	12,056	7,274	6,381	1,836
Inventory	3,697	3,511	3,026	6,300	13,916
Prepaid Expenses	-	-	79	26	209
Other Current Assets	2,837	5,167	11,033	4,023	3,893
Total Current Assets	16,001	25,688	27,157	27,906	37,138
Property, Plant & Equipment	806	956	1,061	1,327	1,341
Long-Term Investments	24,170	23,447	22,628	21,164	23,510
Long-Term Accounts Receivable	220	262	317	298	289
Long-Term Deferred Tax Assets	301	259	230	282	279
Other Long-Term Assets	41,061	41,326	49,597	53,879	51,317
Total Assets	82,577	91,938	100,998	104,878	113,896
Accounts Payable	1,288	1,401	1,817	3,103	3,875
Accrued Expenses	255	1,538	1,097	1,318	2,074
Short-Term Debt	-	30	90	-	2,548
Current Portion of Long-Term Debt	6,894	8,264	12,013	11,560	6,420
Current Portion of Leases	3	8	8	11	13
Current Income Taxes Payable	2,836	4,171	3,404	4,035	4,617
Current Unearned Revenue	522	1	4,005	5,416	11,056
Other Current Liabilities	2,696	2,300	3,207	2,081	3,546
Total Current Liabilities	14,494	17,713	25,641	27,524	34,149
Long-Term Debt	26,619	27,524	25,745	27,527	25,439
Long-Term Leases	46	92	50	56	64
Pension & Post-Retirement Benefits	-	2	9	11	8
Long-Term Deferred Tax Liabilities	2,681	3,398	4,677	4,799	5,058
Other Long-Term Liabilities	507	540	727	560	-
Total Liabilities	44,347	49,269	56,849	60,477	64,718
Common Stock	146	146	146	146	146
Additional Paid-In Capital	18,052	18,052	18,052	18,052	18,078
Retained Earnings	19,915	21,965	22,204	22,096	22,019
Comprehensive Income & Other	-1,636	-1,678	-1,539	-1,144	3,742
Total Common Equity	36,477	38,485	38,863	39,150	43,985
Minority Interest	1,753	4,184	5,286	5,251	5,193
Shareholders' Equity	38,230	42,669	44,149	44,401	49,178
Total Liabilities & Equity	82,577	91,938	100,998	104,878	113,896
Total Debt	33,562	35,918	37,906	39,154	34,484
Net Cash (Debt)	-28,927	-30,964	-32,161	-27,978	-17,200
Net Cash Per Share	-3.61	-3.87	-4.02	-3.48	-2.14
Filing Date Shares Outstanding	8,027	8,027	8,027	8,027	8,062
Total Common Shares Outstanding	8,027	8,027	8,027	8,027	8,062
Working Capital	1,507	7,975	1,516	382	2,989
Book Value Per Share	4.54	4.79	4.84	4.88	4.95
Tangible Book Value	36,477	38,485	38,863	39,150	43,985
Tangible Book Value Per Share	4.54	4.79	4.84	4.88	4.95
Land	611	619	743	958	940
Machinery	397	372	535	537	447
Construction In Progress	53	52	52	51	51

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