Redsun Services Group Limited (HKG:1971)

Redsun Services Group Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	304.48	414.95	560.57	638.15	545.73	697.61
Trading Asset Securities	-	-	-	-	1.01	-
Cash & Short-Term Investments	304.48	414.95	560.57	638.15	546.74	697.61
Cash Growth	-36.31%	-25.98%	-12.16%	16.72%	-21.63%	-15.57%
Accounts Receivable	547.45	544.86	681.35	639.64	631.53	212.47
Other Receivables	-	-	-	-	41.7	3.79
Receivables	547.45	544.86	681.35	639.64	673.23	216.26
Inventory	365.91	367.4	0.27	5.36	6.84	9.54
Other Current Assets	165.24	231.9	133.01	123.4	68.45	52.1
Total Current Assets	1,383	1,559	1,375	1,407	1,295	975.51
Property, Plant & Equipment	22.71	26.35	25.33	20.56	19.11	17.76
Goodwill	156.05	156.05	175.05	175.05	175.05	205.46
Other Intangible Assets	35.16	43.07	57.73	73.55	87.73	136.02
Long-Term Deferred Tax Assets	101.16	86.44	25.01	18.18	3	8.03
Total Assets	1,698	1,871	1,658	1,694	1,580	1,343

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	250.44	312.53	183.78	195.87	151.14	80.52
Accrued Expenses	77.19	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	79.86	82.5	85.14	78.14	51.18	34.6
Current Unearned Revenue	277.25	281.37	258.59	252.6	229.04	187.99
Other Current Liabilities	57.1	142.49	127.74	148.4	120.89	109.5
Total Current Liabilities	741.84	915.13	719.01	747.42	624.32	497.4
Long-Term Debt	-	-	17.24	31.06	44.74	-
Long-Term Deferred Tax Liabilities	16.75	18.77	13	16.83	20.91	33.12
Total Liabilities	758.58	933.9	749.24	795.31	689.96	530.52

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
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	387.26
Retained Earnings	-	380.66	419.18	404.8	393.93	301.94
Comprehensive Income & Other	859.88	87.01	87.85	87.85	87.85	87.85
Total Common Equity	863.65	858.7	898.06	883.67	872.81	780.82
Minority Interest	75.93	78.42	11.02	14.9	17.38	31.44
Shareholders' Equity	939.58	937.12	909.08	898.57	890.19	812.26
Total Liabilities & Equity	1,698	1,871	1,658	1,694	1,580	1,343

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	-	17.26	31.07	47.21	59.96	1.38
Net Cash (Debt)	304.48	397.69	529.51	590.93	486.78	696.23
Net Cash Growth	-32.91%	-24.89%	-10.39%	21.40%	-30.08%	-15.60%
Net Cash Per Share	0.73	0.96	1.28	1.42	1.17	1.68
Filing Date Shares Outstanding	415	415	415	415	415	415
Total Common Shares Outstanding	415	415	415	415	415	415
Working Capital	641.25	643.98	656.19	659.13	670.94	478.11
Book Value Per Share	2.08	2.07	2.16	2.13	2.10	1.88
Tangible Book Value	672.44	659.58	665.28	635.08	610.02	439.34
Tangible Book Value Per Share	1.62	1.59	1.60	1.53	1.47	1.06
Machinery	-	43.53	34.56	29.06	24.76	21.67
Construction In Progress	-	0.75	2.74	0.2	2.18	2.19
Leasehold Improvements	-	22.03	20.12	15.47	10.08	6.65

Data Source: S&P Global Market Intelligence Last updated: Aug 25, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 10, 2026

Data Sources Report a data error