Shang Gong 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	1,617	1,035	968.2	1,103	1,029	1,056
Trading Asset Securities	372.02	452.14	633.62	622.35	591.37	71.95
Cash & Short-Term Investments	1,989	1,487	1,602	1,725	1,620	1,128
Cash Growth	43.06%	-7.18%	-7.16%	6.49%	43.69%	18.32%
Accounts Receivable	1,322	1,100	805.72	761.31	689.88	683.79
Other Receivables	181.26	150.22	251.98	153.67	81.94	64.3
Receivables	1,503	1,250	1,058	914.98	771.83	748.1
Inventory	1,367	1,273	1,142	1,077	997.04	862.53
Prepaid Expenses	-	17.31	17.39	7.87	9.55	11.99
Other Current Assets	120.09	91.01	73.99	65.45	53.69	119.91
Total Current Assets	4,979	4,118	3,893	3,790	3,452	2,870
Property, Plant & Equipment	1,199	1,181	921.01	892.08	842.94	887.07
Long-Term Investments	57.61	384.63	459.58	569.01	578.58	336.63
Goodwill	65.56	62.95	84.9	108.64	123.45	128.57
Other Intangible Assets	217.92	196.3	188.1	218.94	217.06	240.7
Long-Term Accounts Receivable	58.65	59.59	52.5	45.7	16.42	11.42
Long-Term Deferred Tax Assets	132.76	118.19	116.53	90.68	72.84	70.06
Long-Term Deferred Charges	42.89	45.83	33.36	48.06	56.47	28.79
Other Long-Term Assets	160.05	164.38	146.54	74.08	76.55	103.35
Total Assets	6,913	6,331	5,896	5,838	5,437	4,677
Accounts Payable	672.19	667.35	342.84	424.05	407.11	383.81
Accrued Expenses	101.38	140.17	122.9	185.6	159.55	148.73
Short-Term Debt	1,524	1,105	884.24	971.23	827.17	731.87
Current Portion of Long-Term Debt	46.86	7.52	7.05	97.57	13.26	-
Current Portion of Leases	-	37.64	18.34	11.66	2	-
Current Income Taxes Payable	78.94	9.65	57.95	69.22	12.85	9.82
Current Unearned Revenue	56.39	100.34	127.59	127.58	170.53	144.3
Other Current Liabilities	281.6	334.16	163.04	83.48	94.3	79.88
Total Current Liabilities	2,761	2,402	1,724	1,970	1,687	1,498
Long-Term Debt	407.4	363.35	251.77	129.96	157	211.09
Long-Term Leases	160.75	166.04	120.29	66.25	8.64	2.3
Long-Term Unearned Revenue	1.77	2.05	1.79	4.19	4.68	4.75
Pension & Post-Retirement Benefits	131.47	126.11	135.76	145.1	189.66	234.45
Long-Term Deferred Tax Liabilities	90.14	79.15	79.07	71.63	54.42	69.06
Other Long-Term Liabilities	0.7	7.8	2.17	1.46	3.32	2.62
Total Liabilities	3,554	3,147	2,315	2,389	2,104	2,023
Common Stock	713.17	713.17	713.17	713.17	713.17	548.59
Additional Paid-In Capital	1,532	1,526	1,523	1,531	1,552	918.86
Retained Earnings	889	874.44	1,154	1,099	1,061	1,011
Treasury Stock	-62.85	-62.85	-	-44	-44	-44
Comprehensive Income & Other	-27.88	-98.87	-34.1	-101.97	-171.55	-85.6
Total Common Equity	3,044	2,952	3,356	3,197	3,110	2,349
Minority Interest	316.04	231.78	225.12	251.22	221.91	305.39
Shareholders' Equity	3,360	3,184	3,581	3,449	3,332	2,654
Total Liabilities & Equity	6,913	6,331	5,896	5,838	5,437	4,677
Total Debt	2,139	1,680	1,282	1,277	1,008	945.27
Net Cash (Debt)	-150.08	-193.13	320.13	448.71	612.15	182.35
Net Cash Growth	-	-	-28.66%	-26.70%	235.71%	95.38%
Net Cash Per Share	-0.21	-0.27	0.45	0.63	1.02	0.34
Filing Date Shares Outstanding	702.17	702.17	713.17	707.41	707.41	542.84
Total Common Shares Outstanding	702.17	702.17	713.17	707.41	707.41	542.84
Working Capital	2,218	1,716	2,169	1,820	1,766	1,372
Book Value Per Share	4.33	4.20	4.71	4.52	4.40	4.33
Tangible Book Value	2,760	2,693	3,083	2,870	2,770	1,979
Tangible Book Value Per Share	3.93	3.84	4.32	4.06	3.92	3.65
Buildings	-	948.96	859.77	871.06	691.36	732.74
Machinery	-	1,224	962.64	886.78	831.55	841.92
Construction In Progress	-	76.07	21.3	28.64	164.77	192.62

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