Shenguan Holdings (Group) 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	533.85	503.8	824.01	953.95	998.9
Cash & Short-Term Investments	533.85	503.8	824.01	953.95	998.9
Cash Growth	5.96%	-38.86%	-13.62%	-4.50%	39.26%
Accounts Receivable	190.47	159.11	182.67	206.98	190.29
Other Receivables	2.9	0.07	0.02	1.43	-
Receivables	193.37	159.18	182.68	208.41	190.29
Inventory	835.55	813.98	504.48	496.28	422.28
Prepaid Expenses	28.46	34.1	53.16	53.85	57.45
Restricted Cash	21.5	28.48	65.96	254.16	60
Other Current Assets	-	-	-	3.1	-
Total Current Assets	1,613	1,540	1,630	1,970	1,729
Property, Plant & Equipment	924.72	1,082	1,111	1,118	1,172
Long-Term Investments	-	114	137.13	113	180.68
Long-Term Accounts Receivable	0.14	0.37	-	-	-
Long-Term Deferred Tax Assets	23.57	15.34	13.9	25.84	18.86
Other Long-Term Assets	203.47	77.98	65.15	127.91	211.85
Total Assets	2,765	2,829	2,957	3,354	3,312
Accounts Payable	84.95	111.16	101.66	85	48.98
Accrued Expenses	32.35	31.17	28.62	29.19	28.13
Short-Term Debt	400.2	240.29	272.84	535.24	418.17
Current Portion of Long-Term Debt	-	-	-	-	0.12
Current Portion of Leases	2.66	3.61	3.27	3.39	4.11
Current Income Taxes Payable	9.94	12.77	27.08	20.77	32.15
Current Unearned Revenue	24.96	63.38	47.2	25.99	20.82
Other Current Liabilities	63.32	45.98	73.27	106.15	65.55
Total Current Liabilities	618.38	508.36	553.94	805.73	618.02
Long-Term Leases	3	4.09	1.25	2.09	5.67
Long-Term Unearned Revenue	16.35	16.4	19.5	20.94	24.32
Long-Term Deferred Tax Liabilities	0.57	7.65	6.39	6.21	8.47
Total Liabilities	638.3	536.49	581.08	834.97	656.48
Common Stock	27.81	27.81	27.81	27.81	27.81
Additional Paid-In Capital	98.14	98.14	98.14	98.14	98.14
Retained Earnings	2,301	2,489	2,580	2,727	2,869
Comprehensive Income & Other	-300.11	-318.05	-323.08	-329.01	-337.16
Total Common Equity	2,127	2,297	2,383	2,524	2,658
Minority Interest	-0.41	-4.19	-6.43	-4.73	-2.64
Shareholders' Equity	2,126	2,293	2,376	2,519	2,656
Total Liabilities & Equity	2,765	2,829	2,957	3,354	3,312
Total Debt	405.86	247.98	277.37	540.73	428.07
Net Cash (Debt)	127.99	255.83	546.64	413.23	570.83
Net Cash Growth	-49.97%	-53.20%	32.29%	-27.61%	0.85%
Net Cash Per Share	0.04	0.08	0.17	0.13	0.18
Filing Date Shares Outstanding	3,230	3,230	3,230	3,230	3,230
Total Common Shares Outstanding	3,230	3,230	3,230	3,230	3,230
Working Capital	994.35	1,031	1,076	1,164	1,111
Book Value Per Share	0.66	0.71	0.74	0.78	0.82
Tangible Book Value	2,127	2,297	2,383	2,524	2,658
Tangible Book Value Per Share	0.66	0.71	0.74	0.78	0.82
Land	38.7	75.4	73.2	69.66	69.52
Buildings	827.74	842.68	817.33	814.24	790.42
Machinery	1,143	1,126	1,050	1,033	1,023
Construction In Progress	10.14	65.75	121.83	52.83	51.98

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