Redsun Services Group 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	2017 - 2019
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	2017 - 2019
Cash & Equivalents	478.04	560.57	638.15	545.73	697.61	826.25	Upgrade
Trading Asset Securities	-	-	-	1.01	-	-	Upgrade
Cash & Short-Term Investments	478.04	560.57	638.15	546.74	697.61	826.25	Upgrade
Cash Growth	-1.47%	-12.16%	16.72%	-21.63%	-15.57%	353.46%	Upgrade
Accounts Receivable	704.28	681.35	639.64	631.53	212.47	160.03	Upgrade
Other Receivables	-	-	-	41.7	3.79	5.63	Upgrade
Receivables	704.28	681.35	639.64	673.23	216.26	165.66	Upgrade
Inventory	4.88	0.27	5.36	6.84	9.54	0.04	Upgrade
Other Current Assets	120.14	133.01	123.4	68.45	52.1	24.72	Upgrade
Total Current Assets	1,307	1,375	1,407	1,295	975.51	1,017	Upgrade
Property, Plant & Equipment	22.08	25.33	20.56	19.11	17.76	14.69	Upgrade
Goodwill	175.05	175.05	175.05	175.05	205.46	31.3	Upgrade
Other Intangible Assets	49.5	57.73	73.55	87.73	136.02	38.22	Upgrade
Long-Term Deferred Tax Assets	25.53	25.01	18.18	3	8.03	6.73	Upgrade
Total Assets	1,579	1,658	1,694	1,580	1,343	1,108	Upgrade
Accounts Payable	120.92	183.78	195.87	151.14	80.52	49.83	Upgrade
Accrued Expenses	54.18	49.93	56.26	56.84	83.41	83.13	Upgrade
Current Portion of Long-Term Debt	13.86	13.83	13.79	13.82	-	-	Upgrade
Current Portion of Leases	-	-	2.36	1.4	1.38	1.36	Upgrade
Current Income Taxes Payable	84.65	85.14	78.14	51.18	34.6	17.35	Upgrade
Current Unearned Revenue	258.01	258.59	252.6	229.04	187.99	134.75	Upgrade
Other Current Liabilities	88.9	127.74	148.4	120.89	109.5	90.42	Upgrade
Total Current Liabilities	620.54	719.01	747.42	624.32	497.4	376.85	Upgrade
Long-Term Debt	10.34	17.24	31.06	44.74	-	-	Upgrade
Long-Term Deferred Tax Liabilities	11.07	13	16.83	20.91	33.12	10.34	Upgrade
Total Liabilities	641.94	749.24	795.31	689.96	530.52	387.19	Upgrade
Common Stock	3.76	3.76	3.76	3.76	3.76	3.76	Upgrade
Additional Paid-In Capital	-	387.26	387.26	387.26	387.26	408.65	Upgrade
Retained Earnings	-	419.18	404.8	393.93	301.94	173.99	Upgrade
Comprehensive Income & Other	918.74	87.85	87.85	87.85	87.85	103.79	Upgrade
Total Common Equity	922.5	898.06	883.67	872.81	780.82	690.19	Upgrade
Minority Interest	15.05	11.02	14.9	17.38	31.44	30.23	Upgrade
Shareholders' Equity	937.55	909.08	898.57	890.19	812.26	720.42	Upgrade
Total Liabilities & Equity	1,579	1,658	1,694	1,580	1,343	1,108	Upgrade
Total Debt	24.2	31.07	47.21	59.96	1.38	1.36	Upgrade
Net Cash (Debt)	453.84	529.51	590.93	486.78	696.23	824.89	Upgrade
Net Cash Growth	2.17%	-10.39%	21.40%	-30.08%	-15.60%	352.71%	Upgrade
Net Cash Per Share	1.09	1.28	1.42	1.17	1.68	2.32	Upgrade
Filing Date Shares Outstanding	415	415	415	415	415	415	Upgrade
Total Common Shares Outstanding	415	415	415	415	415	415	Upgrade
Working Capital	686.8	656.19	659.13	670.94	478.11	639.81	Upgrade
Book Value Per Share	2.22	2.16	2.13	2.10	1.88	1.66	Upgrade
Tangible Book Value	697.95	665.28	635.08	610.02	439.34	620.67	Upgrade
Tangible Book Value Per Share	1.68	1.60	1.53	1.47	1.06	1.50	Upgrade
Machinery	-	34.56	29.06	24.76	21.67	17.83	Upgrade
Construction In Progress	-	2.74	0.2	2.18	2.19	1.63	Upgrade
Leasehold Improvements	-	20.12	15.47	10.08	6.65	3.46	Upgrade

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