SGXC:VI2 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	11.42	33.77	74.96	106.31	153.32
Cash & Short-Term Investments	11.42	33.77	74.96	106.31	153.32
Cash Growth	-66.20%	-54.95%	-29.49%	-30.67%	41.55%
Accounts Receivable	190.36	12.31	7.01	6.79	9
Other Receivables	-	234.6	244.42	232.74	186.51
Receivables	190.36	246.92	251.42	239.52	195.51
Inventory	218.23	177.57	323.92	478.71	330.92
Prepaid Expenses	75.86	79.49	66.5	126.54	385.2
Other Current Assets	423.68	370.46	272.89	238.03	330.37
Total Current Assets	919.55	908.21	989.69	1,189	1,395
Property, Plant & Equipment	364.93	482.14	532.84	538.41	502.19
Goodwill	-	48.75	48.75	52.92	52.92
Other Intangible Assets	56.21	8.27	9.07	25.99	26.79
Long-Term Deferred Tax Assets	8.06	7.91	11.47	9.76	5.37
Other Long-Term Assets	8.44	-	-	-	-
Total Assets	1,357	1,455	1,592	1,816	1,983
Accounts Payable	684.69	531.2	516.76	611.48	459.53
Accrued Expenses	41.14	28.06	33.33	25.26	54.19
Short-Term Debt	49.71	319.61	294.78	354.36	577.7
Current Portion of Long-Term Debt	241.1	22.2	59.01	28.02	4.64
Current Portion of Leases	36.7	38.45	27.16	20.84	16.2
Current Income Taxes Payable	0.03	0.02	4.79	3.51	21.6
Current Unearned Revenue	75.35	107.43	104.43	121.57	182.99
Other Current Liabilities	-	20.59	26.37	22.2	1.28
Total Current Liabilities	1,129	1,068	1,067	1,187	1,318
Long-Term Debt	4.04	13.6	9.24	-	17.92
Long-Term Leases	171.66	186.17	211.03	219.93	218.16
Long-Term Deferred Tax Liabilities	28.64	30.76	32.7	41.13	41.31
Other Long-Term Liabilities	62.59	65.68	73.9	71.79	94.75
Total Liabilities	1,396	1,364	1,393	1,520	1,690
Common Stock	41.99	41.99	41.99	41.99	38.45
Additional Paid-In Capital	82.8	82.8	82.8	82.8	81.72
Retained Earnings	-233.57	142.57	245.97	341.55	335.62
Comprehensive Income & Other	70.33	-175.86	-172.44	-170.26	-163.43
Shareholders' Equity	-38.45	91.5	198.32	296.08	292.36
Total Liabilities & Equity	1,357	1,455	1,592	1,816	1,983
Total Debt	503.2	580.03	601.21	623.15	834.61
Net Cash (Debt)	-491.78	-546.26	-526.25	-516.84	-681.29
Net Cash Per Share	-0.84	-0.93	-0.89	-0.88	-1.33
Filing Date Shares Outstanding	565.71	589.62	589.62	589.62	584.32
Total Common Shares Outstanding	565.71	589.62	589.62	589.62	584.32
Working Capital	-209.16	-159.35	-76.94	1.86	77.22
Book Value Per Share	-0.07	0.16	0.34	0.50	0.50
Tangible Book Value	-94.66	34.49	140.5	217.17	212.65
Tangible Book Value Per Share	-0.17	0.06	0.24	0.37	0.36
Buildings	-	316.48	303.28	269.75	-
Machinery	-	201.65	187.71	161	148.72
Construction In Progress	-	0.66	0.32	0.95	0.14
Leasehold Improvements	-	-	-	-	223.79

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.