Sun Art Retail Group Balance Sheet

Financials in millions CNY. Fiscal year is April - March.

Millions CNY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	7,844	6,798	11,908	12,408	11,294	8,096
Short-Term Investments	2,976	2,580	1,040	2,319	700	18
Trading Asset Securities	1,579	3,839	3,474	4,452	6,665	12,002
Cash & Short-Term Investments	12,399	13,217	16,422	19,179	18,659	20,116
Cash Growth	-19.90%	-19.52%	-14.37%	2.79%	-7.24%	15.11%
Accounts Receivable	392	2,268	2,133	3,064	1,898	1,368
Other Receivables	997	-	-	-	1,321	1,379
Receivables	1,389	2,268	2,133	3,064	3,219	2,747
Inventory	7,799	7,467	7,691	8,474	9,723	9,990
Prepaid Expenses	330	-	-	-	883	520
Other Current Assets	6,159	6,591	4,114	2,364	1,253	1,169
Total Current Assets	28,076	29,543	30,360	33,081	33,737	34,542
Property, Plant & Equipment	18,044	21,397	23,193	25,154	30,331	33,388
Long-Term Investments	800	800	1,830	950	1	2
Goodwill	-	-	-	140	140	140
Other Intangible Assets	54	57	55	43	31	29
Long-Term Accounts Receivable	29	22	51	9	-	-
Long-Term Deferred Tax Assets	1,029	1,113	1,438	1,470	1,506	1,126
Other Long-Term Assets	5,603	3,041	3,788	3,271	-	-
Total Assets	53,635	55,973	60,715	64,118	65,746	69,227
Accounts Payable	10,331	9,865	11,003	12,637	13,422	13,561
Accrued Expenses	4,781	4,910	5,000	5,297	5,610	5,724
Short-Term Debt	1,246	1,491	1,749	673	-	-
Current Portion of Leases	1,535	1,648	1,678	1,570	1,271	1,169
Current Income Taxes Payable	100	16	79	229	264	319
Current Unearned Revenue	11,126	11,691	12,675	12,715	12,347	11,984
Other Current Liabilities	1,071	1,103	1,316	860	1,179	1,359
Total Current Liabilities	30,190	30,724	33,500	33,981	34,093	34,116
Long-Term Leases	4,417	4,185	4,950	5,469	6,108	6,882
Long-Term Deferred Tax Liabilities	452	613	443	443	430	325
Other Long-Term Liabilities	343	23	28	28	49	50
Total Liabilities	35,402	35,545	38,921	39,921	40,680	41,373
Common Stock	10,022	10,020	10,020	10,020	10,020	10,020
Retained Earnings	7,316	8,906	10,203	12,209	12,477	14,247
Comprehensive Income & Other	908	1,168	1,180	1,289	1,461	1,956
Total Common Equity	18,246	20,094	21,403	23,518	23,958	26,223
Minority Interest	-13	334	391	679	1,108	1,631
Shareholders' Equity	18,233	20,428	21,794	24,197	25,066	27,854
Total Liabilities & Equity	53,635	55,973	60,715	64,118	65,746	69,227
Total Debt	7,198	7,324	8,377	7,712	7,379	8,051
Net Cash (Debt)	5,201	5,893	8,045	11,467	11,280	12,065
Net Cash Growth	-14.82%	-26.75%	-29.84%	1.66%	-6.51%	24.79%
Net Cash Per Share	0.55	0.62	0.84	1.20	1.18	1.26
Filing Date Shares Outstanding	9,541	9,540	9,540	9,540	9,540	9,540
Total Common Shares Outstanding	9,541	9,540	9,540	9,540	9,540	9,540
Working Capital	-2,114	-1,181	-3,140	-900	-356	426
Book Value Per Share	1.91	2.11	2.24	2.47	2.51	2.75
Tangible Book Value	18,192	20,037	21,348	23,335	23,787	26,054
Tangible Book Value Per Share	1.91	2.10	2.24	2.45	2.49	2.73
Buildings	-	18,069	18,162	18,111	17,816	17,753
Machinery	-	22,825	23,196	24,100	24,313	24,544
Construction In Progress	-	627	565	641	493	404

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