Liaoning Shidai Wanheng 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
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
Cash & Equivalents	381.64	499.67	550.37	629.18	426.89	223.52
Trading Asset Securities	240.42	100.01	-	-	-	-
Cash & Short-Term Investments	622.06	599.68	550.37	629.18	426.89	223.52
Cash Growth	13.58%	8.96%	-12.53%	47.38%	90.98%	-21.85%
Accounts Receivable	111.63	131.05	172.77	151.85	172.64	131.9
Other Receivables	0.97	0.53	0.85	0.76	0.59	108.05
Receivables	112.6	131.58	173.62	152.62	173.23	239.95
Inventory	98.75	113.46	101.36	241.5	228.16	138.12
Prepaid Expenses	-	-	0	-	-	-
Other Current Assets	10.34	8.39	6.74	8.58	42.19	56.55
Total Current Assets	843.75	853.11	832.09	1,032	870.48	658.15
Property, Plant & Equipment	248.25	266.53	285	283.71	305.72	327.09
Long-Term Investments	66.91	66.42	71.21	71.21	85.07	124.96
Goodwill	-	-	-	-	32.21	54.17
Other Intangible Assets	20.96	21.43	22.07	22.71	23.44	24.17
Long-Term Deferred Tax Assets	0.29	-	0.59	0.67	0.06	0.02
Long-Term Deferred Charges	3.02	3.83	3.62	0.06	0.22	0.38
Other Long-Term Assets	31.03	29.4	31.17	48.4	51.15	53.9
Total Assets	1,214	1,241	1,246	1,459	1,368	1,243
Accounts Payable	89.28	105.66	118.05	389.88	409.6	204.99
Accrued Expenses	7.54	16.1	32.11	58.5	45.96	29.34
Short-Term Debt	-	0.65	-	-	-	132.44
Current Portion of Leases	0.38	0.37	0.56	-	0.15	-
Current Income Taxes Payable	2.45	0.17	-	-	0.05	0.13
Current Unearned Revenue	6.5	1.25	0.53	6.41	17.88	0.83
Other Current Liabilities	8.17	17.36	13.4	8.76	7.92	1.44
Total Current Liabilities	114.32	141.56	164.65	463.55	481.56	369.17
Long-Term Leases	0.16	0.51	0.2	-	-	-
Long-Term Deferred Tax Liabilities	4.31	4.01	4.95	4.76	5.18	5.55
Total Liabilities	118.79	146.08	169.81	468.31	486.74	374.72
Common Stock	294.3	294.3	294.3	294.3	294.3	294.3
Additional Paid-In Capital	1,185	1,110	1,110	1,170	1,144	1,134
Retained Earnings	-310.91	-312.59	-331.97	-392.6	-443.83	-430.45
Comprehensive Income & Other	-	75.17	75.17	-	-	-
Total Common Equity	1,168	1,167	1,147	1,072	994	997.72
Minority Interest	-73.01	-72.1	-71.43	-81.8	-112.39	-129.6
Shareholders' Equity	1,095	1,095	1,076	990.33	881.61	868.12
Total Liabilities & Equity	1,214	1,241	1,246	1,459	1,368	1,243
Total Debt	0.54	1.53	0.77	-	0.15	132.44
Net Cash (Debt)	621.52	598.16	549.6	629.18	426.74	91.09
Net Cash Growth	13.48%	8.83%	-12.65%	47.44%	368.49%	-35.33%
Net Cash Per Share	3.71	2.16	1.90	2.09	1.59	0.32
Filing Date Shares Outstanding	294.3	294.3	294.3	294.3	294.3	294.3
Total Common Shares Outstanding	294.3	294.3	294.3	294.3	294.3	294.3
Working Capital	729.43	711.55	667.44	568.32	388.91	288.98
Book Value Per Share	3.97	3.96	3.90	3.64	3.38	3.39
Tangible Book Value	1,147	1,145	1,125	1,049	938.34	919.38
Tangible Book Value Per Share	3.90	3.89	3.82	3.57	3.19	3.12
Buildings	-	246.67	246.52	215.64	215.41	215.94
Machinery	-	218.68	220.26	217.88	219	215.76
Construction In Progress	-	1.42	1.02	2.09	2.05	1.92

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