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 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	282.2	264.19	366.71	507.31	510.64	887.67
Trading Asset Securities	-	100.05	-	-	-	102.68
Cash & Short-Term Investments	282.2	364.24	366.71	507.31	510.64	990.34
Cash Growth	-6.41%	-0.67%	-27.71%	-0.65%	-48.44%	-26.89%
Accounts Receivable	96.46	32.71	89.3	176.67	225.45	223.82
Other Receivables	0.93	2.87	8.25	5.5	15.43	35.49
Receivables	97.4	35.58	97.55	182.17	240.87	259.3
Inventory	1,510	1,530	1,539	1,467	1,329	1,342
Other Current Assets	7.75	3.22	2.34	31.7	33.5	25.99
Total Current Assets	1,897	1,933	2,006	2,189	2,114	2,617
Property, Plant & Equipment	810.68	821.51	869.95	840.1	810.24	763.39
Long-Term Investments	-	-	-	118.98	118.73	117.49
Other Intangible Assets	215.84	218.43	234.47	241.67	252.37	261.87
Long-Term Deferred Tax Assets	-	-	0.74	2.57	3.6	6.19
Long-Term Deferred Charges	2.04	2.23	2.26	-	-	-
Other Long-Term Assets	82.87	83.66	81.68	84.33	95.98	99.36
Total Assets	3,008	3,058	3,195	3,476	3,395	3,866
Accounts Payable	185.32	159.18	171.35	309.91	212.63	548.54
Accrued Expenses	41.15	88.99	134.35	169.82	140.01	152.65
Short-Term Debt	299.23	293.47	198.26	-	29.14	-
Current Income Taxes Payable	30.23	0.02	0.13	13.85	12.36	3.08
Current Unearned Revenue	129.4	161.03	190.45	111.41	114.08	98.77
Other Current Liabilities	148.93	167.69	187.37	178.71	165.04	148.53
Total Current Liabilities	834.27	870.39	881.92	783.69	673.25	951.58
Long-Term Debt	104.31	103.79	-	-	-	-
Long-Term Unearned Revenue	124.56	123.47	128.06	133.63	138.78	142.59
Long-Term Deferred Tax Liabilities	-	-	-	27.71	27.71	27.71
Total Liabilities	1,063	1,098	1,010	945.04	839.75	1,122
Common Stock	657.8	657.8	657.8	657.8	657.8	657.8
Additional Paid-In Capital	1,175	1,175	1,175	1,175	1,175	1,175
Retained Earnings	111.78	127.02	325.6	583.19	605.26	792.38
Comprehensive Income & Other	0.66	1.03	13.65	103.18	107.01	110.06
Total Common Equity	1,945	1,961	2,172	2,519	2,545	2,735
Minority Interest	-	-	13.2	12.09	9.73	8.69
Shareholders' Equity	1,945	1,961	2,185	2,531	2,555	2,744
Total Liabilities & Equity	3,008	3,058	3,195	3,476	3,395	3,866
Total Debt	403.54	397.27	198.26	-	29.14	-
Net Cash (Debt)	-121.34	-33.03	168.45	507.31	481.5	990.34
Net Cash Growth	-	-	-66.80%	5.36%	-51.38%	-26.89%
Net Cash Per Share	-0.18	-0.05	0.26	0.69	0.72	1.49
Filing Date Shares Outstanding	656.95	657.8	657.8	657.8	657.8	657.8
Total Common Shares Outstanding	656.95	657.8	657.8	657.8	657.8	657.8
Working Capital	1,063	1,062	1,124	1,405	1,440	1,666
Book Value Per Share	2.96	2.98	3.30	3.83	3.87	4.16
Tangible Book Value	1,729	1,742	1,938	2,277	2,293	2,473
Tangible Book Value Per Share	2.63	2.65	2.95	3.46	3.49	3.76
Buildings	-	764.99	774.66	705.68	646.38	627.45
Machinery	-	399.79	438.64	414.18	289.11	272.32
Construction In Progress	-	13.15	38.41	57.51	169.55	123.22