Redsun Properties 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	496.3	1,242	2,754	4,858	16,039
Trading Asset Securities	49.5	-	17.54	49.35	206.97
Cash & Short-Term Investments	545.8	1,242	2,771	4,908	16,246
Cash Growth	-56.07%	-55.17%	-43.53%	-69.79%	18.80%
Accounts Receivable	9,078	9,812	10,787	12,762	456.62
Other Receivables	616.8	10,424	10,975	11,900	26,966
Receivables	9,695	20,236	21,762	24,662	27,423
Inventory	12,629	17,822	26,346	41,977	55,417
Other Current Assets	10,027	1,311	1,358	2,061	3,079
Total Current Assets	32,896	40,611	52,237	73,607	102,165
Property, Plant & Equipment	169.51	163.91	617.06	651.39	848.67
Long-Term Investments	6,946	8,339	10,086	12,355	14,192
Other Intangible Assets	3.09	2.49	2.81	7.55	11.07
Long-Term Deferred Tax Assets	157.23	140.68	304.58	1,141	1,419
Other Long-Term Assets	10,443	10,748	11,660	13,971	14,114
Total Assets	50,614	60,005	74,906	101,733	132,749
Accounts Payable	5,976	7,453	7,041	7,682	6,765
Accrued Expenses	-	2,923	2,020	737.62	287.65
Short-Term Debt	10,404	13,613	13,174	13,765	2,280
Current Portion of Long-Term Debt	7,052	3,876	4,062	2,929	9,107
Current Portion of Leases	17.71	42.68	88.77	46.83	51.2
Current Income Taxes Payable	3,624	3,801	3,427	3,388	3,632
Current Unearned Revenue	2,670	5,646	13,332	26,250	33,192
Other Current Liabilities	13,638	9,512	10,076	11,805	18,902
Total Current Liabilities	43,383	46,866	53,220	66,604	74,217
Long-Term Debt	3,012	3,684	4,240	7,726	22,748
Long-Term Leases	278.33	442.82	806.43	1,328	1,665
Long-Term Deferred Tax Liabilities	1,949	1,839	1,816	2,277	2,373
Total Liabilities	48,623	52,832	60,083	77,934	101,003
Common Stock	28.41	28.41	28.41	28.41	28.41
Additional Paid-In Capital	1,888	1,888	1,888	1,888	1,888
Retained Earnings	-	-4,114	881.79	8,096	11,978
Comprehensive Income & Other	-6,472	1,764	1,886	1,910	1,872
Total Common Equity	-4,555	-432.78	4,685	11,923	15,766
Minority Interest	6,546	7,606	10,139	11,875	15,979
Shareholders' Equity	1,991	7,174	14,824	23,798	31,746
Total Liabilities & Equity	50,614	60,005	74,906	101,733	132,749
Total Debt	20,765	21,659	22,370	25,795	35,851
Net Cash (Debt)	-20,219	-20,416	-19,599	-20,887	-19,605
Net Cash Per Share	-6.06	-6.11	-5.87	-6.26	-5.87
Filing Date Shares Outstanding	3,339	3,339	3,339	3,339	3,339
Total Common Shares Outstanding	3,339	3,339	3,339	3,339	3,339
Working Capital	-10,487	-6,256	-983.37	7,003	27,948
Book Value Per Share	-1.36	-0.13	1.40	3.57	4.72
Tangible Book Value	-4,558	-435.26	4,682	11,916	15,755
Tangible Book Value Per Share	-1.37	-0.13	1.40	3.57	4.72
Buildings	-	145.89	145.89	145.98	143.6
Machinery	-	71.41	320.7	329.98	455.24
Construction In Progress	-	102.84	95.16	89.82	98.3
Leasehold Improvements	-	193.84	197.09	183.05	184

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