Redsun Services 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	414.95	560.57	638.15	545.73	697.61
Trading Asset Securities	-	-	-	1.01	-
Cash & Short-Term Investments	414.95	560.57	638.15	546.74	697.61
Cash Growth	-25.98%	-12.16%	16.72%	-21.63%	-15.57%
Accounts Receivable	544.86	681.35	639.64	631.53	212.47
Other Receivables	-	-	-	41.7	3.79
Receivables	544.86	681.35	639.64	673.23	216.26
Inventory	367.4	0.27	5.36	6.84	9.54
Other Current Assets	231.9	133.01	123.4	68.45	52.1
Total Current Assets	1,559	1,375	1,407	1,295	975.51
Property, Plant & Equipment	26.35	25.33	20.56	19.11	17.76
Goodwill	156.05	175.05	175.05	175.05	205.46
Other Intangible Assets	43.07	57.73	73.55	87.73	136.02
Long-Term Deferred Tax Assets	86.44	25.01	18.18	3	8.03
Total Assets	1,871	1,658	1,694	1,580	1,343
Accounts Payable	312.53	183.78	195.87	151.14	80.52
Accrued Expenses	78.99	49.93	56.26	56.84	83.41
Current Portion of Long-Term Debt	17.26	13.83	13.79	13.82	-
Current Portion of Leases	-	-	2.36	1.4	1.38
Current Income Taxes Payable	82.5	85.14	78.14	51.18	34.6
Current Unearned Revenue	281.37	258.59	252.6	229.04	187.99
Other Current Liabilities	142.49	127.74	148.4	120.89	109.5
Total Current Liabilities	915.13	719.01	747.42	624.32	497.4
Long-Term Debt	-	17.24	31.06	44.74	-
Long-Term Deferred Tax Liabilities	18.77	13	16.83	20.91	33.12
Total Liabilities	933.9	749.24	795.31	689.96	530.52
Common Stock	3.76	3.76	3.76	3.76	3.76
Additional Paid-In Capital	-	387.26	387.26	387.26	387.26
Retained Earnings	-	419.18	404.8	393.93	301.94
Comprehensive Income & Other	854.93	87.85	87.85	87.85	87.85
Total Common Equity	858.7	898.06	883.67	872.81	780.82
Minority Interest	78.42	11.02	14.9	17.38	31.44
Shareholders' Equity	937.12	909.08	898.57	890.19	812.26
Total Liabilities & Equity	1,871	1,658	1,694	1,580	1,343
Total Debt	17.26	31.07	47.21	59.96	1.38
Net Cash (Debt)	397.69	529.51	590.93	486.78	696.23
Net Cash Growth	-24.89%	-10.39%	21.40%	-30.08%	-15.60%
Net Cash Per Share	0.96	1.28	1.42	1.17	1.68
Filing Date Shares Outstanding	415	415	415	415	415
Total Common Shares Outstanding	415	415	415	415	415
Working Capital	643.98	656.19	659.13	670.94	478.11
Book Value Per Share	2.07	2.16	2.13	2.10	1.88
Tangible Book Value	659.58	665.28	635.08	610.02	439.34
Tangible Book Value Per Share	1.59	1.60	1.53	1.47	1.06
Machinery	-	34.56	29.06	24.76	21.67
Construction In Progress	-	2.74	0.2	2.18	2.19
Leasehold Improvements	-	20.12	15.47	10.08	6.65

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