Sinostar PEC Holdings 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	425.57	407.38	562.89	521.06	702.62
Cash & Short-Term Investments	425.57	407.38	562.89	521.06	702.62
Cash Growth	4.46%	-27.63%	8.03%	-25.84%	99.59%
Accounts Receivable	79.14	29.37	14.82	20.8	55.34
Other Receivables	0.39	-	-	9.72	9.87
Receivables	79.53	29.37	14.82	30.51	65.2
Inventory	224.2	264.32	334.92	242.34	258.81
Prepaid Expenses	6.67	2.16	1.36	8.77	2.98
Other Current Assets	0.3	1.39	1.62	1.66	2.62
Total Current Assets	736.27	704.6	915.6	804.34	1,032
Property, Plant & Equipment	1,139	1,301	1,462	1,628	1,748
Long-Term Investments	-	-	48.95	42.97	79.76
Goodwill	10.35	10.35	10.35	10.35	10.35
Other Intangible Assets	87.03	87.05	88.25	89.49	90.55
Total Assets	1,972	2,103	2,525	2,575	2,961
Accounts Payable	127.03	73.74	84.65	88.2	221.62
Accrued Expenses	17.49	25.81	26.43	37.79	24.85
Short-Term Debt	-	50	-	-	-
Current Portion of Long-Term Debt	100	100	260	260	235
Current Portion of Leases	0.06	0.07	0.18	0.41	0.5
Current Income Taxes Payable	4.76	17.53	69.9	9	13.52
Current Unearned Revenue	23	18.66	16.3	2.09	23.81
Other Current Liabilities	7.78	293.32	13.95	23.6	51.38
Total Current Liabilities	280.11	579.11	471.41	421.08	570.67
Long-Term Debt	100	200	350	610	870
Long-Term Leases	3.42	3.48	3.43	3.61	3.91
Total Liabilities	383.53	782.59	824.84	1,035	1,445
Common Stock	559.01	316.13	316.13	316.13	316.13
Retained Earnings	1,030	1,004	1,137	782.55	897.94
Comprehensive Income & Other	-	-	12.95	145.12	34.52
Total Common Equity	1,589	1,320	1,466	1,244	1,249
Minority Interest	-	-	234.88	296.46	267.87
Shareholders' Equity	1,589	1,320	1,700	1,540	1,516
Total Liabilities & Equity	1,972	2,103	2,525	2,575	2,961
Total Debt	203.48	353.54	613.61	874.02	1,109
Net Cash (Debt)	222.09	53.83	-50.72	-352.95	-406.79
Net Cash Growth	312.54%	-	-	-	-
Net Cash Per Share	0.23	0.08	-0.08	-0.55	-0.64
Filing Date Shares Outstanding	960	960	640	640	640
Total Common Shares Outstanding	960	640	640	640	640
Working Capital	456.16	125.49	444.19	383.26	461.57
Book Value Per Share	1.66	2.06	2.29	1.94	1.95
Tangible Book Value	1,491	1,223	1,367	1,144	1,148
Tangible Book Value Per Share	1.55	1.91	2.14	1.79	1.79
Buildings	1,108	1,118	1,118	1,105	1,084
Machinery	1,055	1,072	1,069	1,063	1,035
Construction In Progress	-	-	-	13.97	26.19

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