Shanghai Dragon 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	326.38	483.29	430.93	353.5	391.77	385.62
Cash & Short-Term Investments	326.38	483.29	430.93	353.5	391.77	385.62
Cash Growth	-14.99%	12.15%	21.90%	-9.77%	1.60%	16.33%
Accounts Receivable	370.78	278.79	301.55	176.3	281.39	424.85
Other Receivables	43.76	49.68	46.6	77.22	135.96	134.43
Receivables	414.54	328.47	348.15	253.53	417.35	559.28
Inventory	374.98	321.15	379.35	464.59	522.34	596.11
Other Current Assets	139.36	118.76	128.81	149.78	479.88	576.33
Total Current Assets	1,255	1,252	1,287	1,221	1,811	2,117
Property, Plant & Equipment	332.13	348.04	393.08	421.52	485.81	429.9
Long-Term Investments	0.52	0.56	1.11	1.03	0.88	0.95
Other Intangible Assets	31.1	34.27	39.58	30.93	26.14	29.01
Long-Term Deferred Tax Assets	0.24	0.26	0.16	0.06	1.52	1.55
Long-Term Deferred Charges	10.49	5.39	5.16	4.39	11.31	20.59
Other Long-Term Assets	19.91	22.66	21.36	23.55	32.05	27.16
Total Assets	1,650	1,663	1,748	1,703	2,369	2,626
Accounts Payable	375.77	267.17	286.79	129.7	161.11	149.95
Accrued Expenses	14.72	37.54	34.88	40.35	81.26	58.22
Short-Term Debt	150.1	180.16	210.17	258.32	422.41	480.96
Current Portion of Long-Term Debt	19.04	108.6	111.1	110.15	0.09	-
Current Portion of Leases	-	18.92	23.54	23.16	19.99	-
Current Income Taxes Payable	13.77	0.58	1.89	3.79	2.32	2.72
Current Unearned Revenue	104.76	103.89	92.15	142.92	137.21	180.24
Other Current Liabilities	82.64	78.69	82.72	82.54	69.18	92.46
Total Current Liabilities	760.8	795.54	843.24	790.93	893.57	964.55
Long-Term Debt	-	-	58.55	80	100	100.09
Long-Term Leases	34.77	28.72	46.47	43.6	60.67	-
Long-Term Unearned Revenue	1.35	0.95	1.59	4.3	9.68	5.69
Long-Term Deferred Tax Liabilities	6.2	6.31	6.47	7.12	7.67	8.28
Other Long-Term Liabilities	57.6	57.63	57.85	59.09	57.07	-
Total Liabilities	860.73	889.16	1,014	985.05	1,129	1,079
Common Stock	424.86	424.86	424.86	424.86	424.86	424.86
Additional Paid-In Capital	930.52	930.52	930.52	930.52	930.52	932.8
Retained Earnings	-591.25	-604.5	-639.39	-655.34	-133.16	171.44
Comprehensive Income & Other	6.07	4.19	-2.91	-3.09	-3.24	-2.41
Total Common Equity	770.2	755.08	713.08	696.96	1,219	1,527
Minority Interest	18.74	18.6	20.42	20.88	21.37	21.2
Shareholders' Equity	788.94	773.68	733.5	717.83	1,240	1,548
Total Liabilities & Equity	1,650	1,663	1,748	1,703	2,369	2,626
Total Debt	203.91	336.4	449.84	515.24	603.16	581.05
Net Cash (Debt)	122.47	146.89	-18.91	-161.74	-211.39	-195.43
Net Cash Per Share	0.28	0.33	-0.05	-0.38	-0.50	-0.46
Filing Date Shares Outstanding	424.86	424.86	424.86	424.86	424.86	424.86
Total Common Shares Outstanding	424.86	424.86	424.86	424.86	424.86	424.86
Working Capital	494.46	456.12	443.99	430.47	917.76	1,153
Book Value Per Share	1.81	1.78	1.68	1.64	2.87	3.59
Tangible Book Value	739.1	720.81	673.5	666.03	1,193	1,498
Tangible Book Value Per Share	1.74	1.70	1.59	1.57	2.81	3.53
Buildings	-	389.19	389.12	387.21	387.21	398.52
Machinery	-	288.67	303.14	318.23	344.36	334.58
Construction In Progress	-	0.68	0.58	10.35	11.23	14.42

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