Sinostar PEC Holdings Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	559.35	425.57	407.38	562.89	521.06	702.62
Cash & Short-Term Investments	559.35	425.57	407.38	562.89	521.06	702.62
Cash Growth	-22.03%	4.46%	-27.63%	8.03%	-25.84%	99.59%
Accounts Receivable	39.71	79.14	29.37	14.82	20.8	55.34
Other Receivables	0.55	0.39	-	-	9.72	9.87
Receivables	40.26	79.53	29.37	14.82	30.51	65.2
Inventory	261.34	224.2	264.32	334.92	242.34	258.81
Prepaid Expenses	5.58	6.67	2.16	1.36	8.77	2.98
Other Current Assets	0.3	0.3	1.39	1.62	1.66	2.62
Total Current Assets	866.83	736.27	704.6	915.6	804.34	1,032
Property, Plant & Equipment	1,095	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	10.35
Other Intangible Assets	86.76	87.03	87.05	88.25	89.49	90.55
Total Assets	2,059	1,972	2,103	2,525	2,575	2,961
Accounts Payable	99.99	127.03	73.74	84.65	88.2	221.62
Accrued Expenses	23.08	17.49	25.81	26.43	37.79	24.85
Short-Term Debt	-	-	50	-	-	-
Current Portion of Long-Term Debt	200	100	100	260	260	235
Current Portion of Leases	0.06	0.06	0.07	0.18	0.41	0.5
Current Income Taxes Payable	24.61	4.76	17.53	69.9	9	13.52
Current Unearned Revenue	42.15	23	18.66	16.3	2.09	23.81
Other Current Liabilities	6.98	7.78	293.32	13.95	23.6	51.38
Total Current Liabilities	396.86	280.11	579.11	471.41	421.08	570.67
Long-Term Debt	-	100	200	350	610	870
Long-Term Leases	3.42	3.42	3.48	3.43	3.61	3.91
Total Liabilities	400.28	383.53	782.59	824.84	1,035	1,445
Common Stock	559.01	559.01	316.13	316.13	316.13	316.13
Retained Earnings	1,099	1,030	1,004	1,137	782.55	897.94
Comprehensive Income & Other	-	-	-	12.95	145.12	34.52
Total Common Equity	1,658	1,589	1,320	1,466	1,244	1,249
Minority Interest	-	-	-	234.88	296.46	267.87
Shareholders' Equity	1,658	1,589	1,320	1,700	1,540	1,516
Total Liabilities & Equity	2,059	1,972	2,103	2,525	2,575	2,961
Total Debt	203.48	203.48	353.54	613.61	874.02	1,109
Net Cash (Debt)	355.88	222.09	53.83	-50.72	-352.95	-406.79
Net Cash Growth	-14.00%	312.54%	-	-	-	-
Net Cash Per Share	0.37	0.23	0.08	-0.08	-0.55	-0.64
Filing Date Shares Outstanding	960	960	960	640	640	640
Total Common Shares Outstanding	960	960	640	640	640	640
Working Capital	469.97	456.16	125.49	444.19	383.26	461.57
Book Value Per Share	1.73	1.66	2.06	2.29	1.94	1.95
Tangible Book Value	1,561	1,491	1,223	1,367	1,144	1,148
Tangible Book Value Per Share	1.63	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