Sunpower 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	845.48	1,194	663.09	585.27	398.4
Short-Term Investments	51.52	69.19	36.26	50.46	3.01
Cash & Short-Term Investments	897	1,263	699.35	635.73	401.41
Cash Growth	-28.98%	80.60%	10.01%	58.37%	-52.49%
Accounts Receivable	932.39	878.99	813.03	638.12	422.86
Other Receivables	147.43	191.83	249.58	349.41	359.8
Receivables	1,080	1,071	1,063	987.53	782.67
Inventory	138.21	167.01	138.03	175.32	122.71
Other Current Assets	308.18	212.96	84.68	128.74	60.79
Total Current Assets	2,423	2,714	1,985	1,927	1,368
Property, Plant & Equipment	696.05	721.47	747.86	869.92	892.86
Long-Term Investments	101.34	68.05	61.09	56.33	23.45
Goodwill	415.58	415.58	415.58	415.58	415.58
Other Intangible Assets	4,175	4,229	4,336	4,323	3,835
Long-Term Deferred Tax Assets	79.85	75.95	34.01	31.93	24.3
Other Long-Term Assets	34.68	83.65	50.12	44.72	58.96
Total Assets	7,925	8,307	7,629	7,669	6,618
Accounts Payable	771.58	500.56	380.12	790.81	522.36
Accrued Expenses	-	99.25	122.71	101.31	112.72
Current Portion of Long-Term Debt	1,739	2,734	1,191	1,811	594.01
Current Portion of Leases	1.09	1.29	1.24	1.65	1.65
Current Income Taxes Payable	50.99	27.7	25.93	6.76	31.45
Current Unearned Revenue	-	118.08	119.36	178.64	146.34
Other Current Liabilities	-	56.38	90.71	74.06	67.95
Total Current Liabilities	2,563	3,537	1,932	2,964	1,476
Long-Term Debt	2,202	2,009	3,166	2,424	3,052
Long-Term Leases	2.42	0.44	1.74	4.18	5.51
Long-Term Deferred Tax Liabilities	214.72	217	217.46	225.67	219.5
Total Liabilities	4,982	5,764	5,316	5,619	4,754
Common Stock	57.88	57.66	57.66	57.66	57.66
Additional Paid-In Capital	317.64	313.65	313.65	313.65	313.65
Retained Earnings	1,967	1,635	1,516	1,346	1,207
Comprehensive Income & Other	-1.58	7.77	13.35	13.48	13.79
Total Common Equity	2,341	2,014	1,900	1,730	1,592
Minority Interest	602.01	529.2	412.23	319.53	272
Shareholders' Equity	2,943	2,543	2,313	2,050	1,864
Total Liabilities & Equity	7,925	8,307	7,629	7,669	6,618
Total Debt	3,945	4,745	4,360	4,242	3,654
Net Cash (Debt)	-3,048	-3,482	-3,661	-3,606	-3,252
Net Cash Per Share	-3.83	-4.38	-4.60	-2.45	-2.82
Filing Date Shares Outstanding	798.74	795.69	795.69	795.69	795.69
Total Common Shares Outstanding	798.74	795.69	795.69	795.69	795.69
Working Capital	-139.91	-823.57	53.12	-1,037	-108.9
Book Value Per Share	2.93	2.53	2.39	2.17	2.00
Tangible Book Value	-2,249	-2,630	-2,851	-3,008	-2,659
Tangible Book Value Per Share	-2.82	-3.31	-3.58	-3.78	-3.34
Buildings	-	303.27	291.85	290.12	295.26
Machinery	-	448.26	408.69	444.85	428.58
Construction In Progress	-	1.13	24.62	58.24	65.95
Leasehold Improvements	-	24.89	24.89	24.58	16.02

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.