Seazen Holdings 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	8,237	6,803	10,296	18,971	31,463	55,226
Trading Asset Securities	20.61	30.61	25.64	15.64	110.84	140.25
Cash & Short-Term Investments	8,258	6,834	10,322	18,987	31,573	55,366
Cash Growth	-8.27%	-33.79%	-45.64%	-39.86%	-42.97%	-11.43%
Accounts Receivable	506.72	509.97	567.42	718.72	669.61	477.58
Other Receivables	25,382	25,861	32,720	36,713	42,709	52,143
Receivables	25,888	26,371	33,287	37,432	43,378	52,621
Inventory	70,643	71,050	97,008	142,507	204,365	250,351
Prepaid Expenses	-	1,033	1,302	2,424	3,724	4,610
Other Current Assets	7,444	6,984	10,759	16,108	20,042	26,327
Total Current Assets	112,234	112,273	152,678	217,457	303,083	389,275
Property, Plant & Equipment	5,511	5,589	4,765	5,036	4,319	3,841
Long-Term Investments	19,628	19,867	21,041	24,188	25,263	26,593
Other Intangible Assets	883.22	892.62	1,045	1,319	1,426	1,016
Long-Term Deferred Tax Assets	5,972	5,842	6,124	6,513	7,452	6,100
Long-Term Deferred Charges	118.64	110.16	109.84	80.78	70.41	59.09
Other Long-Term Assets	120,898	121,069	121,429	119,516	116,294	107,409
Total Assets	265,245	265,643	307,193	374,109	457,907	534,293
Accounts Payable	35,472	36,810	45,690	48,428	50,365	59,928
Accrued Expenses	210.08	13,550	12,989	7,557	8,294	10,358
Short-Term Debt	117.73	124.16	364.04	1,972	2,362	558.9
Current Portion of Long-Term Debt	-	12,975	11,986	19,249	29,565	29,266
Current Portion of Leases	-	292.96	92.06	74.84	78.16	79.88
Current Income Taxes Payable	12,333	5,893	5,461	3,591	3,366	5,035
Current Unearned Revenue	30,297	32,547	56,285	107,084	165,491	194,266
Other Current Liabilities	49,503	30,129	34,878	47,294	54,946	64,466
Total Current Liabilities	127,933	132,321	167,745	235,249	314,467	363,957
Long-Term Debt	41,909	45,819	48,029	43,174	45,729	66,056
Long-Term Leases	2,399	2,443	1,225	1,301	599.71	620.99
Long-Term Deferred Tax Liabilities	7,734	7,529	7,521	7,981	7,650	6,535
Other Long-Term Liabilities	7,693	-	-	-	-	-
Total Liabilities	187,667	188,112	224,520	287,705	368,446	437,169
Common Stock	2,256	2,256	2,256	2,256	2,256	2,260
Additional Paid-In Capital	-	1,593	1,544	1,852	1,906	2,264
Retained Earnings	56,936	56,624	55,944	55,192	54,455	53,061
Treasury Stock	-	-	-	-	-	-60.88
Comprehensive Income & Other	2,717	1,125	1,125	778.16	865.6	1,786
Total Common Equity	61,908	61,598	60,869	60,078	59,481	59,310
Minority Interest	15,669	15,933	21,804	26,326	29,980	37,814
Shareholders' Equity	77,577	77,531	82,673	86,403	89,461	97,124
Total Liabilities & Equity	265,245	265,643	307,193	374,109	457,907	534,293
Total Debt	44,426	61,654	61,697	65,771	78,334	96,582
Net Cash (Debt)	-36,168	-54,820	-51,375	-46,784	-46,761	-41,216
Net Cash Per Share	-16.16	-24.18	-22.53	-20.95	-20.70	-18.27
Filing Date Shares Outstanding	2,226	2,256	2,256	2,256	2,256	2,260
Total Common Shares Outstanding	2,226	2,256	2,256	2,256	2,256	2,260
Working Capital	-15,699	-20,048	-15,067	-17,793	-11,384	25,318
Book Value Per Share	27.81	27.31	26.99	26.63	26.37	26.24
Tangible Book Value	61,025	60,705	59,824	58,759	58,055	58,294
Tangible Book Value Per Share	27.41	26.91	26.52	26.05	25.74	25.79
Buildings	-	2,071	2,354	2,831	2,421	2,018
Machinery	-	514.12	521.2	533.21	640.65	657.38
Construction In Progress	-	1,181	1,376	1,350	1,604	1,365

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