Kong Sun Holdings 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	68.54	76.71	254.78	301.98	699.57
Accounts Receivable	1,852	1,402	949.02	1,276	1,542
Other Receivables	-	488.37	651.14	631.91	750.44
Inventory	-	-	14.99	1.92	0.94
Prepaid Expenses	-	57.14	90.09	56.61	69.28
Restricted Cash	19.08	18.26	-	-	-
Loans Receivable Current	121.32	118.73	0.61	1.82	-
Other Current Assets	-	41.88	1,296	60.17	736.77
Total Current Assets	2,061	2,203	3,257	2,330	3,799
Property, Plant & Equipment	1,403	1,533	1,102	2,231	3,067
Goodwill	-	-	-	0.55	0.55
Other Intangible Assets	4.59	-	2.14	-	-
Long-Term Investments	692.49	633.02	894.68	857.73	1,077
Long-Term Loans Receivable	10.9	5.91	124.89	119.58	-
Long-Term Deferred Tax Assets	1.2	12.16	12.16	11.96	8.12
Long-Term Deferred Charges	-	-	8.5	-	-
Long-Term Accounts Receivable	131.66	124.37	191.84	176.23	1.88
Other Long-Term Assets	-	256.99	129.54	276.63	281.37
Total Assets	4,305	4,768	5,723	6,004	8,235
Accounts Payable	603.52	78.42	24.48	104.31	167.56
Accrued Expenses	10.65	391.9	644.06	-	-
Short-Term Debt	962.11	-	26.1	-	-
Current Portion of Long-Term Debt	8.13	967.38	1,036	401.6	1,882
Current Portion of Leases	5.3	24.46	22.63	13.41	19.99
Current Income Taxes Payable	-	16.85	5.31	2.97	6.98
Other Current Liabilities	-	-	269.68	282.13	484.65
Total Current Liabilities	1,590	1,479	2,028	804.41	2,561
Long-Term Debt	678.14	855	639.68	1,649	1,787
Long-Term Leases	47.9	96.61	124.67	116.57	125.25
Total Liabilities	2,316	2,431	2,792	2,570	4,473
Common Stock	6,487	6,487	6,487	6,487	6,487
Retained Earnings	-	-3,277	-2,754	-2,418	-2,171
Comprehensive Income & Other	-4,538	-933.59	-890.78	-722.26	-637.19
Total Common Equity	1,949	2,276	2,842	3,346	3,678
Minority Interest	40.93	61.97	88.29	88.05	83.49
Shareholders' Equity	1,989	2,338	2,930	3,434	3,762
Total Liabilities & Equity	4,305	4,768	5,723	6,004	8,235
Total Debt	1,702	1,943	1,849	2,180	3,814
Net Cash (Debt)	-1,633	-1,867	-1,594	-1,878	-3,115
Net Cash Per Share	-0.11	-0.12	-0.11	-0.13	-0.21
Filing Date Shares Outstanding	14,957	14,964	14,964	14,964	14,964
Total Common Shares Outstanding	14,957	14,964	14,964	14,964	14,964
Working Capital	471.35	724.07	1,229	1,526	1,237
Book Value Per Share	0.13	0.15	0.19	0.22	0.25
Tangible Book Value	1,944	2,276	2,840	3,346	3,677
Tangible Book Value Per Share	0.13	0.15	0.19	0.22	0.25
Buildings	-	23.09	24.24	20.6	20.47
Machinery	-	2,135	1,281	2,637	3,426
Construction In Progress	-	3.39	3.39	3.39	6.9

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