Gansu Dunhuang Seed Group 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	771.73	839.45	783.66	765.47	514.98	501.65
Cash & Short-Term Investments	771.73	839.45	783.66	765.47	514.98	501.65
Cash Growth	-11.05%	7.12%	2.38%	48.64%	2.66%	33.89%
Accounts Receivable	50.56	42.14	60.64	77.55	102.11	93.72
Other Receivables	16.39	15.42	13.2	131.44	22.39	16.32
Receivables	66.95	57.56	73.85	208.99	124.51	110.04
Inventory	269.52	518.88	443.81	363.57	302.06	398.25
Prepaid Expenses	-	-	-	-	-	3.68
Other Current Assets	92.07	19.34	23.99	22.17	28.75	46.26
Total Current Assets	1,200	1,435	1,325	1,360	970.3	1,060
Property, Plant & Equipment	345.71	366.26	398.02	410.04	449.06	414.26
Long-Term Investments	17.17	14.65	16.27	16.78	15.94	17.7
Goodwill	0.58	0.58	0.58	0.58	0.58	0.58
Other Intangible Assets	107.68	112.14	113.34	127.29	128.68	151.18
Long-Term Deferred Tax Assets	11.29	11.33	12.61	19.52	10.18	2.32
Long-Term Deferred Charges	45.67	45.43	14.79	11.64	12.03	17.56
Other Long-Term Assets	9.51	8.47	37.33	1.08	0.77	0.59
Total Assets	1,738	1,994	1,918	1,947	1,588	1,664
Accounts Payable	50.36	77.43	96.37	87.05	89.17	150.2
Accrued Expenses	23.27	71.22	73.01	109.54	84.91	77.72
Short-Term Debt	127.06	264.33	409.87	457.07	460.06	563.1
Current Portion of Leases	2.18	8.26	8.24	7.11	7.08	-
Current Income Taxes Payable	13.16	12.64	15.44	8.06	6.2	4.99
Current Unearned Revenue	424.36	588.09	391.73	292.89	149.99	145.19
Other Current Liabilities	122.72	17.25	28.17	156.57	22.07	47.38
Total Current Liabilities	763.11	1,039	1,023	1,118	819.49	988.58
Long-Term Leases	43.03	41.42	46.71	44.74	49.61	-
Long-Term Unearned Revenue	37.2	41.77	38.02	36.81	32.55	22.92
Other Long-Term Liabilities	15.18	41.6	37.42	17.21	23.62	27.85
Total Liabilities	858.53	1,164	1,145	1,217	925.27	1,039
Common Stock	527.8	527.8	527.8	527.8	527.8	527.8
Additional Paid-In Capital	954.62	954.62	954.62	954.62	951.27	951.27
Retained Earnings	-799.41	-836.63	-882.61	-841.25	-861.25	-868.38
Comprehensive Income & Other	5.95	5.95	-1.43	-0.92	-1.76	-
Total Common Equity	688.97	651.75	598.38	640.27	616.06	610.69
Minority Interest	190.4	178.33	174.9	89.81	46.22	14.05
Shareholders' Equity	879.38	830.08	773.28	730.07	662.27	624.73
Total Liabilities & Equity	1,738	1,994	1,918	1,947	1,588	1,664
Total Debt	172.27	314.01	464.82	508.93	516.76	563.1
Net Cash (Debt)	599.46	525.44	318.84	256.55	-1.77	-61.45
Net Cash Growth	19.65%	64.80%	24.28%	-	-	-
Net Cash Per Share	1.14	1.00	0.60	0.49	-0.00	-0.12
Filing Date Shares Outstanding	527.8	527.8	527.8	527.8	527.8	527.8
Total Common Shares Outstanding	527.8	527.8	527.8	527.8	527.8	527.8
Working Capital	437.16	396.02	302.48	241.9	150.82	71.31
Book Value Per Share	1.31	1.23	1.13	1.21	1.17	1.16
Tangible Book Value	580.71	539.03	484.45	512.39	486.79	458.92
Tangible Book Value Per Share	1.10	1.02	0.92	0.97	0.92	0.87
Buildings	-	514.91	514.75	506.09	508.78	499.26
Machinery	-	566.32	560.79	564.39	562.8	555.38
Construction In Progress	-	0.05	-	2.2	5.76	9.46

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