Sipai Health Technology Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	158.44	259.15	252.92	495.43	1,455	535.85
Short-Term Investments	5.06	114.6	95.34	155.85	75.15	5.05
Trading Asset Securities	304.98	244.25	571.52	478.35	-	1,067
Cash & Short-Term Investments	468.48	618	919.77	1,130	1,531	1,608
Cash Growth	-21.64%	-32.81%	-18.58%	-26.20%	-4.83%	-3.77%
Accounts Receivable	427.48	363.16	457.92	461.54	336.88	285.96
Other Receivables	7.57	-	15.59	25.24	27.33	22.15
Receivables	435.04	363.16	520.99	528.76	388.82	308.11
Inventory	37.52	67.15	193.53	246.06	280.33	269.04
Other Current Assets	635.67	214.26	345.84	538.03	495.59	302.88
Total Current Assets	1,577	1,263	1,980	2,442	2,695	2,488
Property, Plant & Equipment	23.23	31.37	57.74	81.11	88.86	113.8
Long-Term Investments	59.56	274.95	175.06	184.09	1.97	1.64
Goodwill	-	-	16.56	50.65	79.82	79.82
Other Intangible Assets	19.92	22.39	27.34	48.19	56.18	61.53
Long-Term Deferred Tax Assets	0.06	0.23	1.06	1.06	-	-
Long-Term Deferred Charges	-	-	-	-	-	6.89
Other Long-Term Assets	14.31	11.39	7.41	7.48	7.38	140.91
Total Assets	1,694	1,603	2,265	2,815	2,930	2,893

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Accounts Payable	65.27	118.63	412.93	464.75	342.43	238.39
Accrued Expenses	-	-	163.36	141.29	126.33	129.4
Short-Term Debt	-	-	-	2	-	-
Current Portion of Leases	7.62	9.97	19.73	26.22	29.02	34.12
Current Income Taxes Payable	0.07	0.04	1.5	0.07	1.39	1.46
Current Unearned Revenue	240.43	223.79	188.75	181.9	170.72	167.29
Other Current Liabilities	475.71	337.83	250.35	325.71	385.44	260.15
Total Current Liabilities	789.1	690.26	1,037	1,142	1,055	830.8
Long-Term Debt	-	-	-	-	-	7,435
Long-Term Leases	9.7	12.61	25.76	39.34	38.75	52.9
Long-Term Deferred Tax Liabilities	0.03	0.03	1.33	2.62	1.34	1.52
Other Long-Term Liabilities	-	-	-	-	-	3.68
Total Liabilities	798.83	702.9	1,064	1,184	1,095	8,324

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Common Stock	0.52	0.52	0.52	0.52	0.52	0.14
Retained Earnings	-	-	-	-7,436	-7,180	-5,810
Treasury Stock	-	-	-	-61.23	-0.08	-0.08
Comprehensive Income & Other	931.89	935.8	1,225	9,116	9,017	380.35
Total Common Equity	932.41	936.31	1,226	1,619	1,837	-5,429
Minority Interest	-37.45	-36.31	-24.29	12.29	-2.77	-1.69
Shareholders' Equity	894.96	900.01	1,202	1,631	1,834	-5,431
Total Liabilities & Equity	1,694	1,603	2,265	2,815	2,930	2,893

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Total Debt	17.32	22.58	45.49	67.56	67.76	7,522
Net Cash (Debt)	451.16	595.42	874.28	1,062	1,463	-5,914
Net Cash Growth	-21.29%	-31.90%	-17.68%	-27.40%	-	-
Net Cash Per Share	0.74	0.99	1.37	1.65	13.01	-59.46
Filing Date Shares Outstanding	618.49	749.49	764.18	761.5	763.03	219.2
Total Common Shares Outstanding	618.49	749.49	764.18	761.5	763.03	219.2
Working Capital	787.61	572.3	943.51	1,301	1,640	1,657
Book Value Per Share	1.51	1.25	1.60	2.13	2.41	-24.77
Tangible Book Value	912.49	913.92	1,182	1,520	1,701	-5,571
Tangible Book Value Per Share	1.48	1.22	1.55	2.00	2.23	-25.41
Machinery	-	-	12.2	18.77	19.79	20.95
Construction In Progress	-	-	0.56	0.87	0.37	0.34
Leasehold Improvements	-	-	27.53	31.45	42.62	42.98