Star Shine 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	243.35	231.94	268.98	187.91	182.29
Short-Term Investments	0.33	0.51	0.23	0.04	-
Trading Asset Securities	0.01	8.01	-	-	-
Cash & Short-Term Investments	243.69	240.45	269.21	187.95	182.29
Cash Growth	1.35%	-10.68%	43.24%	3.10%	66.50%
Accounts Receivable	43.74	76.68	85.04	12.34	27.09
Other Receivables	3.02	3.59	0.77	0	1.01
Receivables	46.76	80.27	85.8	12.34	28.11
Inventory	3.22	5.29	6.3	7.96	9.74
Other Current Assets	17.89	15.04	1.95	0.54	0.61
Total Current Assets	311.55	341.05	363.26	208.77	220.75
Property, Plant & Equipment	77.95	118.96	128.34	145.12	150.12
Long-Term Investments	-	32.41	-	-	-
Other Intangible Assets	0.81	0.42	0.45	0.74	1.24
Other Long-Term Assets	0.64	-	0.12	0.31	8.12
Total Assets	390.96	492.84	492.18	354.94	380.22
Accounts Payable	66.48	109.57	108.79	10.1	20.22
Accrued Expenses	9.89	8.93	15.91	5.98	5.71
Short-Term Debt	77.68	52.35	36.85	-	-
Current Portion of Leases	0.74	1.98	1.36	-	-
Current Income Taxes Payable	3.36	4.32	4.76	4.95	5.45
Current Unearned Revenue	0.8	1.15	0.22	0.37	0.59
Other Current Liabilities	5.03	4.48	3.97	5.67	11.53
Total Current Liabilities	163.98	182.77	171.86	27.07	43.5
Long-Term Leases	2.79	4.53	2.53	-	-
Long-Term Deferred Tax Liabilities	0.61	0.55	0.53	0.55	0.54
Other Long-Term Liabilities	1.27	1.32	1.37	1.43	1.48
Total Liabilities	168.64	189.16	176.29	29.05	45.51
Common Stock	10.51	10.51	10.51	10.51	10.51
Additional Paid-In Capital	-	80.08	80.08	80.08	80.08
Retained Earnings	-	107.88	120.64	130.73	139.67
Comprehensive Income & Other	211.8	105.2	104.66	104.58	104.45
Shareholders' Equity	222.31	303.68	315.88	325.9	334.71
Total Liabilities & Equity	390.96	492.84	492.18	354.94	380.22
Total Debt	81.21	58.85	40.73	-	-
Net Cash (Debt)	162.48	181.6	228.48	187.95	182.29
Net Cash Growth	-10.53%	-20.52%	21.57%	3.10%	88.94%
Net Cash Per Share	0.13	0.14	0.18	0.15	0.15
Filing Date Shares Outstanding	1,260	1,260	1,260	1,260	1,260
Total Common Shares Outstanding	1,260	1,260	1,260	1,260	1,260
Working Capital	147.58	158.28	191.4	181.7	177.25
Book Value Per Share	0.16	0.24	0.25	0.26	0.27
Tangible Book Value	221.5	303.25	315.43	325.16	333.47
Tangible Book Value Per Share	0.16	0.24	0.25	0.26	0.26
Buildings	43.71	43.71	43.71	42.78	42.48
Machinery	252.4	291.7	291.85	297.23	286.47
Construction In Progress	-	-	0.1	1.3	-
Leasehold Improvements	1.6	-	-	-	-

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