Seres Group Co.,Ltd Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	87,287	45,955	13,161	16,365	5,832
Short-Term Investments	4,260	7,904	600.38	-	-
Trading Asset Securities	258.04	4,049	1,134	1,752	320.32
Cash & Short-Term Investments	91,805	57,908	14,895	18,116	6,153
Cash Growth	58.54%	288.77%	-17.78%	194.45%	97.88%
Accounts Receivable	2,008	2,639	2,968	2,961	2,330
Other Receivables	479.8	686.68	2,247	1,011	1,858
Receivables	2,487	3,326	5,214	3,972	4,188
Inventory	2,447	2,552	3,529	3,993	2,773
Prepaid Expenses	-	-	-	23.49	-
Other Current Assets	2,044	2,212	2,478	871.36	1,554
Total Current Assets	98,783	65,998	26,117	26,976	14,668
Property, Plant & Equipment	16,223	12,128	10,925	9,966	9,636
Long-Term Investments	13,727	2,057	2,568	1,142	134.19
Goodwill	497.39	-	46.92	65.01	75.7
Other Intangible Assets	11,711	9,276	9,544	6,910	5,153
Long-Term Accounts Receivable	35.92	37.91	47.83	71.34	185.39
Long-Term Deferred Tax Assets	1,450	1,475	479.67	127.55	151.54
Long-Term Deferred Charges	1,205	962.66	1,154	1,514	1,616
Other Long-Term Assets	273.06	2,428	362.03	275.58	404.29
Total Assets	143,906	94,364	51,245	47,048	32,024
Accounts Payable	79,599	68,451	30,150	25,670	13,911
Accrued Expenses	3,709	2,436	1,145	1,095	632.58
Short-Term Debt	-	-	786.16	2,079	2,109
Current Portion of Long-Term Debt	513.48	10.19	817.96	891.98	511.24
Current Portion of Leases	267.92	511.86	326.86	140.08	75.92
Current Income Taxes Payable	670.93	431.31	20.89	84.81	24.36
Current Unearned Revenue	6,851	2,992	3,270	962.94	756.47
Other Current Liabilities	2,090	1,433	1,059	1,408	902.94
Total Current Liabilities	93,700	76,265	37,576	32,331	18,924
Long-Term Debt	3,858	687	2,599	2,498	1,988
Long-Term Leases	769.94	2,218	1,707	424.9	460.88
Long-Term Unearned Revenue	1,583	1,656	1,739	1,889	1,185
Long-Term Deferred Tax Liabilities	425.7	482.99	371.04	50.51	56.48
Other Long-Term Liabilities	1,710	1,150	52.6	51.41	1,680
Total Liabilities	102,048	82,458	44,045	37,245	24,295
Common Stock	1,742	1,510	1,510	1,497	1,360
Additional Paid-In Capital	37,413	13,045	17,874	15,295	8,087
Retained Earnings	1,618	-2,248	-7,694	-5,248	-1,417
Treasury Stock	-	-	-205.24	-99.99	-
Comprehensive Income & Other	144.86	-42.34	-77.94	-24.12	-71.16
Total Common Equity	40,918	12,264	11,406	11,420	7,960
Minority Interest	940.2	-358.69	-4,206	-1,617	-230.25
Shareholders' Equity	41,858	11,906	7,200	9,802	7,729
Total Liabilities & Equity	143,906	94,364	51,245	47,048	32,024
Total Debt	5,410	3,427	6,237	6,033	5,145
Net Cash (Debt)	86,395	54,481	8,658	12,083	1,007
Net Cash Growth	58.58%	529.24%	-28.34%	1099.65%	-
Net Cash Per Share	53.23	36.10	5.76	8.45	0.76
Filing Date Shares Outstanding	1,742	1,510	1,506	1,495	1,360
Total Common Shares Outstanding	1,742	1,510	1,506	1,495	1,360
Working Capital	5,083	-10,267	-11,459	-5,356	-4,256
Book Value Per Share	23.49	8.12	7.57	7.64	5.85
Tangible Book Value	28,710	2,988	1,814	4,444	2,731
Tangible Book Value Per Share	16.48	1.98	1.20	2.97	2.01
Buildings	7,645	3,686	3,620	3,840	3,251
Machinery	15,469	12,771	11,282	10,539	8,850
Construction In Progress	582.88	212.9	195.04	345.66	1,533

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