Anhui Golden Seed Winery Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Cash & Equivalents	366.79	366.71	507.31	510.64	887.67	1,013	Upgrade
Trading Asset Securities	-	-	-	-	102.68	341.27	Upgrade
Cash & Short-Term Investments	366.79	366.71	507.31	510.64	990.34	1,355	Upgrade
Cash Growth	3.77%	-27.71%	-0.65%	-48.44%	-26.89%	0.80%	Upgrade
Accounts Receivable	99.18	89.3	176.67	225.45	223.82	156.7	Upgrade
Other Receivables	9.18	8.25	5.5	15.43	35.49	17.35	Upgrade
Receivables	108.37	97.55	182.17	240.87	259.3	174.05	Upgrade
Inventory	1,531	1,539	1,467	1,329	1,342	969.27	Upgrade
Other Current Assets	5.25	2.34	31.7	33.5	25.99	13.07	Upgrade
Total Current Assets	2,011	2,006	2,189	2,114	2,617	2,511	Upgrade
Property, Plant & Equipment	866.3	869.95	840.1	810.24	763.39	741.81	Upgrade
Long-Term Investments	-	-	118.98	118.73	117.49	237.15	Upgrade
Other Intangible Assets	226.4	234.47	241.67	252.37	261.87	259.07	Upgrade
Long-Term Deferred Tax Assets	0.34	0.74	2.57	3.6	6.19	5.81	Upgrade
Long-Term Deferred Charges	2.95	2.26	-	-	-	-	Upgrade
Other Long-Term Assets	79.16	81.68	84.33	95.98	99.36	103.16	Upgrade
Total Assets	3,186	3,195	3,476	3,395	3,866	3,858	Upgrade
Accounts Payable	281.79	171.35	309.91	212.63	548.54	321.01	Upgrade
Accrued Expenses	19.84	134.35	169.82	140.01	152.65	173.41	Upgrade
Short-Term Debt	269.81	198.26	-	29.14	-	-	Upgrade
Current Income Taxes Payable	19.71	0.13	13.85	12.36	3.08	5.99	Upgrade
Current Unearned Revenue	174.28	190.45	111.41	114.08	98.77	132.32	Upgrade
Other Current Liabilities	115.87	187.37	178.71	165.04	148.53	154.57	Upgrade
Total Current Liabilities	881.31	881.92	783.69	673.25	951.58	787.31	Upgrade
Long-Term Unearned Revenue	121.33	128.06	133.63	138.78	142.59	137.4	Upgrade
Long-Term Deferred Tax Liabilities	-	-	27.71	27.71	27.71	31.32	Upgrade
Total Liabilities	1,107	1,010	945.04	839.75	1,122	956.03	Upgrade
Common Stock	657.8	657.8	657.8	657.8	657.8	657.8	Upgrade
Additional Paid-In Capital	1,175	1,175	1,175	1,175	1,175	1,175	Upgrade
Retained Earnings	225.11	325.6	583.19	605.26	792.38	942.11	Upgrade
Comprehensive Income & Other	10.61	13.65	103.18	107.01	110.06	119.29	Upgrade
Total Common Equity	2,068	2,172	2,519	2,545	2,735	2,894	Upgrade
Minority Interest	10.45	13.2	12.09	9.73	8.69	7.75	Upgrade
Shareholders' Equity	2,079	2,185	2,531	2,555	2,744	2,902	Upgrade
Total Liabilities & Equity	3,186	3,195	3,476	3,395	3,866	3,858	Upgrade
Total Debt	374.59	198.26	-	29.14	-	-	Upgrade
Net Cash (Debt)	-7.8	168.45	507.31	481.5	990.34	1,355	Upgrade
Net Cash Growth	-	-66.80%	5.36%	-51.38%	-26.89%	0.80%	Upgrade
Net Cash Per Share	-0.01	0.26	0.69	0.72	1.49	2.15	Upgrade
Filing Date Shares Outstanding	657.8	657.8	657.8	657.8	657.8	657.8	Upgrade
Total Common Shares Outstanding	657.8	657.8	657.8	657.8	657.8	657.8	Upgrade
Working Capital	1,130	1,124	1,405	1,440	1,666	1,724	Upgrade
Book Value Per Share	3.14	3.30	3.83	3.87	4.16	4.40	Upgrade
Tangible Book Value	1,842	1,938	2,277	2,293	2,473	2,635	Upgrade
Tangible Book Value Per Share	2.80	2.95	3.46	3.49	3.76	4.01	Upgrade
Buildings	-	774.66	705.68	646.38	627.45	572.16	Upgrade
Machinery	-	438.64	414.18	289.11	272.32	260.75	Upgrade
Construction In Progress	-	38.41	57.51	169.55	123.22	139.44	Upgrade

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