Shimao Group 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	8,448	11,353	15,187	22,035	47,814
Trading Asset Securities	110	-	-	37.71	11.41
Cash & Short-Term Investments	8,558	11,353	15,187	22,072	47,826
Cash Growth	-24.62%	-25.24%	-31.20%	-53.85%	-21.65%
Accounts Receivable	4,875	5,979	6,375	7,291	9,022
Other Receivables	13,070	12,323	9,638	8,648	1,963
Receivables	18,304	18,664	16,421	16,401	11,953
Inventory	163,003	218,514	276,518	323,168	332,890
Prepaid Expenses	9,690	9,753	9,940	10,188	1,138
Restricted Cash	3,622	4,399	6,246	11,737	10,070
Other Current Assets	81,840	86,330	103,421	101,634	86,005
Total Current Assets	285,017	349,012	427,732	485,201	489,883
Property, Plant & Equipment	14,985	18,254	24,121	25,448	25,901
Long-Term Investments	15,261	16,393	18,056	22,443	29,905
Goodwill	-	1,308	1,725	1,740	1,458
Other Intangible Assets	2,186	847.37	1,004	1,279	1,270
Long-Term Deferred Tax Assets	609.47	1,061	1,579	3,141	3,352
Other Long-Term Assets	39,156	49,554	69,033	76,959	76,336
Total Assets	357,215	436,429	543,250	616,211	628,104
Accounts Payable	29,434	33,929	42,188	56,710	73,493
Accrued Expenses	30,870	31,958	24,289	12,572	10,652
Short-Term Debt	25,962	47,017	50,464	66,026	54,661
Current Portion of Long-Term Debt	92,600	169,530	155,086	131,401	61,566
Current Portion of Leases	14.53	31.53	56.24	56.22	50.6
Current Income Taxes Payable	22,245	20,016	20,367	24,653	27,134
Current Unearned Revenue	39,712	51,868	89,561	118,515	126,573
Other Current Liabilities	31,957	29,885	37,854	35,594	27,305
Total Current Liabilities	272,794	384,234	419,866	445,528	381,432
Long-Term Debt	63,705	41,836	64,556	82,635	123,922
Long-Term Leases	19.43	25.63	41.48	72.32	45.74
Long-Term Deferred Tax Liabilities	6,027	6,988	7,536	8,470	8,704
Other Long-Term Liabilities	2,030	-	-	-	-
Total Liabilities	344,575	433,083	491,999	536,706	514,104
Common Stock	820.99	384.17	384.17	384.17	384.17
Additional Paid-In Capital	-	4,904	5,375	4,977	4,766
Retained Earnings	-	-35,705	200.37	21,167	42,738
Comprehensive Income & Other	-987.89	8,763	8,757	9,998	9,929
Total Common Equity	-166.9	-21,654	14,716	36,525	57,818
Minority Interest	12,807	25,000	36,535	42,980	56,182
Shareholders' Equity	12,640	3,346	51,251	79,505	114,000
Total Liabilities & Equity	357,215	436,429	543,250	616,211	628,104
Total Debt	182,300	258,440	270,204	280,191	240,244
Net Cash (Debt)	-173,742	-247,087	-255,017	-258,119	-192,419
Net Cash Per Share	-25.86	-65.24	-67.33	-68.15	-54.17
Filing Date Shares Outstanding	7,318	3,788	3,788	3,788	3,788
Total Common Shares Outstanding	7,318	3,788	3,788	3,788	3,788
Working Capital	12,223	-35,223	7,866	39,672	108,450
Book Value Per Share	-0.02	-5.72	3.89	9.64	15.27
Tangible Book Value	-2,353	-23,809	11,987	33,506	55,090
Tangible Book Value Per Share	-0.32	-6.29	3.16	8.85	14.54
Buildings	-	18,331	19,537	19,562	20,939
Machinery	-	647.43	1,045	1,667	1,825
Construction In Progress	-	2,004	3,376	3,346	1,187

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