Sunfonda Group Holdings Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	440.28	597.21	761.13	726.38	936.08	759.75
Short-Term Investments	15.55	52.3	1	1.74	32.51	74.54
Trading Asset Securities	6.86	5.4	2.67	3.07	3.55	-
Cash & Short-Term Investments	462.69	654.91	764.79	731.19	972.14	834.29
Cash Growth	-32.38%	-14.37%	4.60%	-24.79%	16.52%	-8.00%
Accounts Receivable	79.83	40.54	37.31	42.73	36.48	46.71
Other Receivables	345.55	420.54	443.94	327.06	285.8	224.54
Receivables	425.38	461.08	481.25	369.79	322.28	271.26
Inventory	707.14	1,012	1,277	1,347	1,054	900.43
Other Current Assets	1,102	1,105	1,151	927.61	1,259	995.05
Total Current Assets	2,697	3,232	3,675	3,375	3,608	3,001
Property, Plant & Equipment	2,124	2,162	2,541	2,429	2,192	1,937
Goodwill	10.28	10.28	10.28	10.28	10.28	10.28
Other Intangible Assets	9.15	24.58	25.45	25.15	26.18	26.73
Long-Term Deferred Tax Assets	70.83	65.19	63.98	41.73	30.12	48.65
Other Long-Term Assets	186.45	171.15	7.24	32.16	12.8	12.72
Total Assets	5,098	5,665	6,323	5,913	5,879	5,036
Accounts Payable	823.31	953.15	823.28	481.31	632.26	596.76
Accrued Expenses	-	39.72	40.91	48.94	79.77	71.48
Short-Term Debt	251.08	282.29	347.04	-	-	-
Current Portion of Long-Term Debt	1,066	1,338	1,465	2,120	1,546	1,663
Current Portion of Leases	8.75	9.57	16.78	28.69	21.56	7.28
Current Income Taxes Payable	19.23	18.71	25.64	13.17	31.4	29.01
Current Unearned Revenue	-	139.46	178.38	172.59	192.86	183.8
Other Current Liabilities	270.2	98.34	161.38	134.27	102.69	97.86
Total Current Liabilities	2,438	2,879	3,058	2,999	2,607	2,649
Long-Term Debt	382.9	442.96	709.4	361.46	760.77	197.38
Long-Term Leases	48.08	55.25	71.85	66.29	51.29	13.57
Long-Term Deferred Tax Liabilities	29.25	34.04	20.99	24.29	21.49	17.87
Total Liabilities	2,899	3,411	3,860	3,451	3,440	2,878
Common Stock	0.38	0.38	0.38	0.38	0.38	0.38
Additional Paid-In Capital	110.24	87.28	87.28	97.84	161.2	229.84
Retained Earnings	1,749	1,834	2,047	2,036	1,954	1,608
Comprehensive Income & Other	331.57	331.98	327.8	329.08	322.99	319.66
Total Common Equity	2,191	2,254	2,463	2,463	2,439	2,158
Minority Interest	8.81	-	-	-	-	-
Shareholders' Equity	2,200	2,254	2,463	2,463	2,439	2,158
Total Liabilities & Equity	5,098	5,665	6,323	5,913	5,879	5,036
Total Debt	1,757	2,128	2,610	2,576	2,380	1,881
Net Cash (Debt)	-1,294	-1,473	-1,845	-1,845	-1,408	-1,047
Net Cash Per Share	-2.16	-2.45	-3.07	-3.07	-2.35	-1.74
Filing Date Shares Outstanding	600	600	600	600	600	600
Total Common Shares Outstanding	600	600	600	600	600	600
Working Capital	259.09	353.33	616.92	376.82	1,001	351.88
Book Value Per Share	3.65	3.76	4.10	4.10	4.06	3.60
Tangible Book Value	2,172	2,219	2,427	2,427	2,402	2,121
Tangible Book Value Per Share	3.62	3.70	4.05	4.05	4.00	3.54
Buildings	-	1,770	1,243	1,197	1,195	1,126
Machinery	-	556.94	630.73	577.65	550.05	492.76
Construction In Progress	-	55.88	713.05	638.17	362.96	261.99
Leasehold Improvements	-	244.82	222.68	159.99	122.61	80.16

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