Seres Group Co.,Ltd 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	63,854	87,287	45,955	13,161	16,365	5,832
Short-Term Investments	-	4,260	7,904	600.38	-	-
Trading Asset Securities	280.38	258.04	4,049	1,134	1,752	320.32
Cash & Short-Term Investments	64,135	91,805	57,908	14,895	18,116	6,153
Cash Growth	45.65%	58.54%	288.77%	-17.78%	194.45%	97.88%
Accounts Receivable	1,642	2,008	2,639	2,968	2,961	2,330
Other Receivables	1,177	479.8	686.68	2,247	1,011	1,858
Receivables	2,819	2,487	3,326	5,214	3,972	4,188
Inventory	1,957	2,447	2,552	3,529	3,993	2,773
Prepaid Expenses	-	-	-	-	23.49	-
Other Current Assets	9,703	2,044	2,212	2,478	871.36	1,554
Total Current Assets	78,614	98,783	65,998	26,117	26,976	14,668
Property, Plant & Equipment	16,162	16,223	12,128	10,925	9,966	9,636
Long-Term Investments	13,400	13,727	2,057	2,568	1,142	134.19
Goodwill	497.39	497.39	-	46.92	65.01	75.7
Other Intangible Assets	11,100	11,711	9,276	9,544	6,910	5,153
Long-Term Accounts Receivable	30.59	35.92	37.91	47.83	71.34	185.39
Long-Term Deferred Tax Assets	1,362	1,450	1,475	479.67	127.55	151.54
Long-Term Deferred Charges	2,316	1,205	962.66	1,154	1,514	1,616
Other Long-Term Assets	266.68	273.06	2,428	362.03	275.58	404.29
Total Assets	123,748	143,906	94,364	51,245	47,048	32,024
Accounts Payable	62,650	79,599	68,451	30,150	25,670	13,911
Accrued Expenses	1,265	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	701.2	670.93	431.31	20.89	84.81	24.36
Current Unearned Revenue	5,672	6,851	2,992	3,270	962.94	756.47
Other Current Liabilities	3,272	2,090	1,433	1,059	1,408	902.94
Total Current Liabilities	73,561	93,700	76,265	37,576	32,331	18,924
Long-Term Debt	3,648	3,858	687	2,599	2,498	1,988
Long-Term Leases	732.75	769.94	2,218	1,707	424.9	460.88
Long-Term Unearned Revenue	1,558	1,583	1,656	1,739	1,889	1,185
Long-Term Deferred Tax Liabilities	416.37	425.7	482.99	371.04	50.51	56.48
Other Long-Term Liabilities	1,661	1,710	1,150	52.6	51.41	1,680
Total Liabilities	81,578	102,048	82,458	44,045	37,245	24,295
Common Stock	1,742	1,742	1,510	1,510	1,497	1,360
Additional Paid-In Capital	37,030	37,413	13,045	17,874	15,295	8,087
Retained Earnings	2,372	1,618	-2,248	-7,694	-5,248	-1,417
Treasury Stock	-	-	-	-205.24	-99.99	-
Comprehensive Income & Other	165.39	144.86	-42.34	-77.94	-24.12	-71.16
Total Common Equity	41,310	40,918	12,264	11,406	11,420	7,960
Minority Interest	859.86	940.2	-358.69	-4,206	-1,617	-230.25
Shareholders' Equity	42,170	41,858	11,906	7,200	9,802	7,729
Total Liabilities & Equity	123,748	143,906	94,364	51,245	47,048	32,024
Total Debt	4,381	5,410	3,427	6,237	6,033	5,145
Net Cash (Debt)	59,753	86,395	54,481	8,658	12,083	1,007
Net Cash Growth	63.32%	58.58%	529.24%	-28.34%	1099.65%	-
Net Cash Per Share	35.40	53.23	36.10	5.76	8.45	0.76
Filing Date Shares Outstanding	1,742	1,742	1,510	1,506	1,495	1,360
Total Common Shares Outstanding	1,742	1,742	1,510	1,506	1,495	1,360
Working Capital	5,053	5,083	-10,267	-11,459	-5,356	-4,256
Book Value Per Share	23.71	23.49	8.12	7.57	7.64	5.85
Tangible Book Value	29,713	28,710	2,988	1,814	4,444	2,731
Tangible Book Value Per Share	17.06	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.