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

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