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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,373	1,733	1,035	968.2	1,103	1,029
Trading Asset Securities	471.78	471.92	452.14	633.62	622.35	591.37
Cash & Short-Term Investments	1,845	2,205	1,487	1,602	1,725	1,620
Cash Growth	28.77%	48.30%	-7.18%	-7.16%	6.49%	43.69%
Accounts Receivable	1,280	1,119	1,100	805.72	761.31	689.88
Other Receivables	115.92	140.45	150.22	251.98	153.67	81.94
Receivables	1,396	1,259	1,250	1,058	914.98	771.83
Inventory	1,305	1,290	1,273	1,142	1,077	997.04
Prepaid Expenses	-	-	17.31	17.39	7.87	9.55
Other Current Assets	136.6	117.66	91.01	73.99	65.45	53.69
Total Current Assets	4,683	4,872	4,118	3,893	3,790	3,452
Property, Plant & Equipment	1,148	1,182	1,181	921.01	892.08	842.94
Long-Term Investments	44.58	44.91	384.63	459.58	569.01	578.58
Goodwill	48.52	49.25	62.95	84.9	108.64	123.45
Other Intangible Assets	256.67	263.14	196.3	188.1	218.94	217.06
Long-Term Accounts Receivable	-	-	59.59	52.5	45.7	16.42
Long-Term Deferred Tax Assets	131.02	132.32	118.19	116.53	90.68	72.84
Long-Term Deferred Charges	39.16	42.76	45.83	33.36	48.06	56.47
Other Long-Term Assets	230.24	224.3	164.38	146.54	74.08	76.55
Total Assets	6,581	6,811	6,331	5,896	5,838	5,437
Accounts Payable	705.37	770.8	667.35	342.84	424.05	407.11
Accrued Expenses	85.2	112.53	140.17	122.9	185.6	159.55
Short-Term Debt	1,480	1,469	1,105	884.24	971.23	827.17
Current Portion of Long-Term Debt	172.48	175.85	7.52	7.05	97.57	13.26
Current Portion of Leases	-	-	37.64	18.34	11.66	2
Current Income Taxes Payable	47.59	80.2	9.65	57.95	69.22	12.85
Current Unearned Revenue	57.64	72.58	100.34	127.59	127.58	170.53
Other Current Liabilities	232.97	252.89	334.16	163.04	83.48	94.3
Total Current Liabilities	2,782	2,934	2,402	1,724	1,970	1,687
Long-Term Debt	260.46	263.55	363.35	251.77	129.96	157
Long-Term Leases	134	149.87	166.04	120.29	66.25	8.64
Long-Term Unearned Revenue	1.5	1.53	2.05	1.79	4.19	4.68
Pension & Post-Retirement Benefits	-	-	126.11	135.76	145.1	189.66
Long-Term Deferred Tax Liabilities	91.4	90.85	79.15	79.07	71.63	54.42
Other Long-Term Liabilities	241.65	249.04	7.8	2.17	1.46	3.32
Total Liabilities	3,511	3,689	3,147	2,315	2,389	2,104
Common Stock	713.17	713.17	713.17	713.17	713.17	713.17
Additional Paid-In Capital	1,400	1,402	1,526	1,523	1,531	1,552
Retained Earnings	740.42	739.29	874.44	1,154	1,099	1,061
Treasury Stock	-62.85	-62.85	-62.85	-	-44	-44
Comprehensive Income & Other	-77.87	-29.08	-98.87	-34.1	-101.97	-171.55
Total Common Equity	2,713	2,762	2,952	3,356	3,197	3,110
Minority Interest	358.1	359.99	231.78	225.12	251.22	221.91
Shareholders' Equity	3,071	3,122	3,184	3,581	3,449	3,332
Total Liabilities & Equity	6,581	6,811	6,331	5,896	5,838	5,437
Total Debt	2,047	2,059	1,680	1,282	1,277	1,008
Net Cash (Debt)	-202.17	146.44	-193.13	320.13	448.71	612.15
Net Cash Growth	-	-	-	-28.66%	-26.70%	235.71%
Net Cash Per Share	-0.29	0.21	-0.27	0.45	0.63	1.02
Filing Date Shares Outstanding	708.16	704.16	702.17	713.17	707.41	707.41
Total Common Shares Outstanding	708.16	704.16	702.17	713.17	707.41	707.41
Working Capital	1,901	1,938	1,716	2,169	1,820	1,766
Book Value Per Share	3.83	3.92	4.20	4.71	4.52	4.40
Tangible Book Value	2,407	2,450	2,693	3,083	2,870	2,770
Tangible Book Value Per Share	3.40	3.48	3.84	4.32	4.06	3.92
Buildings	-	-	948.96	859.77	871.06	691.36
Machinery	-	-	1,224	962.64	886.78	831.55
Construction In Progress	-	-	76.07	21.3	28.64	164.77

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