Sunfonda 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	368.17	597.21	761.13	726.38	936.08
Short-Term Investments	46.9	52.3	1	1.74	32.51
Trading Asset Securities	7.37	5.4	2.67	3.07	3.55
Cash & Short-Term Investments	422.44	654.91	764.79	731.19	972.14
Cash Growth	-35.50%	-14.37%	4.60%	-24.79%	16.52%
Accounts Receivable	33.05	40.54	37.31	42.73	36.48
Other Receivables	349.83	420.54	443.94	327.06	285.8
Receivables	382.87	461.08	481.25	369.79	322.28
Inventory	874.7	1,012	1,277	1,347	1,054
Other Current Assets	1,218	1,105	1,151	927.61	1,259
Total Current Assets	2,898	3,232	3,675	3,375	3,608
Property, Plant & Equipment	1,989	2,162	2,541	2,429	2,192
Goodwill	10.28	10.28	10.28	10.28	10.28
Other Intangible Assets	21.48	24.58	25.45	25.15	26.18
Long-Term Deferred Tax Assets	47.45	65.19	63.98	41.73	30.12
Other Long-Term Assets	170.87	171.15	7.24	32.16	12.8
Total Assets	5,137	5,665	6,323	5,913	5,879
Accounts Payable	1,049	953.15	823.28	481.31	632.26
Accrued Expenses	25.18	39.72	40.91	48.94	79.77
Short-Term Debt	235.59	282.29	347.04	-	-
Current Portion of Long-Term Debt	1,167	1,338	1,465	2,120	1,546
Current Portion of Leases	2.7	9.57	16.78	28.69	21.56
Current Income Taxes Payable	4.15	18.71	25.64	13.17	31.4
Current Unearned Revenue	120.67	139.46	178.38	172.59	192.86
Other Current Liabilities	88.16	98.34	161.38	134.27	102.69
Total Current Liabilities	2,692	2,879	3,058	2,999	2,607
Long-Term Debt	359.38	442.96	709.4	361.46	760.77
Long-Term Leases	19.63	55.25	71.85	66.29	51.29
Long-Term Deferred Tax Liabilities	24.76	34.04	20.99	24.29	21.49
Total Liabilities	3,096	3,411	3,860	3,451	3,440
Common Stock	0.38	0.38	0.38	0.38	0.38
Additional Paid-In Capital	110.24	87.28	87.28	97.84	161.2
Retained Earnings	1,589	1,834	2,047	2,036	1,954
Comprehensive Income & Other	332.88	331.98	327.8	329.08	322.99
Total Common Equity	2,033	2,254	2,463	2,463	2,439
Minority Interest	8.56	-	-	-	-
Shareholders' Equity	2,041	2,254	2,463	2,463	2,439
Total Liabilities & Equity	5,137	5,665	6,323	5,913	5,879
Total Debt	1,784	2,128	2,610	2,576	2,380
Net Cash (Debt)	-1,361	-1,473	-1,845	-1,845	-1,408
Net Cash Per Share	-2.27	-2.45	-3.07	-3.07	-2.35
Filing Date Shares Outstanding	600	600	600	600	600
Total Common Shares Outstanding	600	600	600	600	600
Working Capital	205.89	353.33	616.92	376.82	1,001
Book Value Per Share	3.39	3.76	4.10	4.10	4.06
Tangible Book Value	2,001	2,219	2,427	2,427	2,402
Tangible Book Value Per Share	3.33	3.70	4.05	4.05	4.00
Buildings	1,770	1,770	1,243	1,197	1,195
Machinery	564.78	556.94	630.73	577.65	550.05
Construction In Progress	57.65	55.88	713.05	638.17	362.96
Leasehold Improvements	295.49	244.82	222.68	159.99	122.61

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