Aerosun 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	337.56	316.93	1,009	1,108	1,253	1,077
Cash & Short-Term Investments	337.56	316.93	1,009	1,108	1,253	1,077
Cash Growth	-0.06%	-68.60%	-8.91%	-11.61%	16.35%	9.12%
Accounts Receivable	2,018	2,428	1,755	1,579	1,302	1,308
Other Receivables	24.04	31	47.26	55.6	63.51	66.73
Receivables	2,042	2,459	1,802	1,634	1,365	1,375
Inventory	728.1	624.69	1,083	1,503	1,187	875.13
Prepaid Expenses	-	4.81	5.63	-	-	-
Other Current Assets	131.92	80.72	81.79	212.69	250.33	86.09
Total Current Assets	3,239	3,486	3,982	4,458	4,056	3,413
Property, Plant & Equipment	1,054	1,112	1,125	1,171	1,178	1,130
Long-Term Investments	254.63	404.31	466.3	503.36	511.01	469.13
Goodwill	0.24	0.24	0.24	0.24	0.24	0.24
Other Intangible Assets	87.22	92.55	93.65	99.94	97.11	89.93
Long-Term Deferred Tax Assets	39.2	37.6	37.6	33.15	35.1	42.38
Long-Term Deferred Charges	4.34	5.25	6.78	10.52	12.82	15.8
Other Long-Term Assets	146.23	18.61	25.15	25.18	14.43	19.47
Total Assets	4,826	5,156	5,736	6,301	5,905	5,180
Accounts Payable	1,799	2,127	2,440	2,597	2,147	1,799
Accrued Expenses	45.73	84.99	130.18	120.67	84.12	54.7
Short-Term Debt	626.35	589.17	177.66	477.34	629.46	467.02
Current Portion of Leases	0.61	0.61	0.59	-	-	-
Current Income Taxes Payable	17.36	3.66	5.9	3.63	0.22	8.22
Current Unearned Revenue	206.74	131.64	251.54	357.31	477.66	387.46
Other Current Liabilities	153.96	117.16	198.1	218.36	93.91	54.43
Total Current Liabilities	2,849	3,055	3,204	3,774	3,432	2,771
Long-Term Leases	0.31	0.31	0.92	-	-	-
Long-Term Unearned Revenue	25.32	18.8	4.45	17.05	36.54	36.3
Long-Term Deferred Tax Liabilities	24.92	24.92	23.59	27.8	30.63	31.88
Other Long-Term Liabilities	-	-	-	0.29	0.95	1.1
Total Liabilities	2,900	3,099	3,233	3,819	3,500	2,841
Common Stock	427.82	431.21	431.62	431.93	421.28	421.28
Additional Paid-In Capital	1,476	1,496	1,492	1,493	1,418	1,418
Retained Earnings	-90.86	22.32	427.25	368.27	292.56	226.11
Treasury Stock	-25.35	-48.65	-76.69	-79.31	-	-
Comprehensive Income & Other	-64.25	-67.57	-14.02	36.02	49.21	62.27
Total Common Equity	1,723	1,833	2,260	2,250	2,181	2,128
Minority Interest	202.33	224.83	243.52	232.19	223.3	211.71
Shareholders' Equity	1,926	2,058	2,503	2,482	2,405	2,340
Total Liabilities & Equity	4,826	5,156	5,736	6,301	5,905	5,180
Total Debt	627.26	590.09	179.17	477.34	629.46	467.02
Net Cash (Debt)	-289.7	-273.16	830.01	630.6	623.95	610.27
Net Cash Growth	-	-	31.62%	1.07%	2.24%	71.11%
Net Cash Per Share	-0.67	-0.63	1.96	1.50	1.50	1.51
Filing Date Shares Outstanding	427.82	431.33	431.62	431.93	421.28	421.28
Total Common Shares Outstanding	427.82	431.33	431.62	431.93	421.28	421.28
Working Capital	390	431.18	778.01	683.75	624.19	641.79
Book Value Per Share	4.03	4.25	5.24	5.21	5.18	5.05
Tangible Book Value	1,636	1,740	2,166	2,149	2,084	2,038
Tangible Book Value Per Share	3.82	4.03	5.02	4.98	4.95	4.84
Buildings	-	1,120	1,102	1,132	1,117	1,071
Machinery	-	890.12	846.44	809.44	784.96	630.6
Construction In Progress	-	2.42	21.86	37.86	32.28	140.73

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