Sichuan Em Technology 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	846.93	968.52	949.89	1,189	1,428	315.3
Trading Asset Securities	37.68	217.46	76.71	105.63	588.4	420.36
Cash & Short-Term Investments	884.61	1,186	1,027	1,294	2,016	735.66
Cash Growth	-20.62%	15.53%	-20.68%	-35.81%	174.06%	217.34%
Accounts Receivable	1,952	1,933	1,612	1,406	1,308	1,198
Other Receivables	86.06	54.28	55.36	49.57	25.34	12.64
Receivables	2,038	1,987	1,667	1,456	1,334	1,210
Inventory	497.11	465.98	417.92	498.48	427.82	278.48
Prepaid Expenses	-	-	-	-	-	2.42
Other Current Assets	482.11	493	380.66	301.37	221.98	205.4
Total Current Assets	3,902	4,132	3,492	3,550	4,000	2,432
Property, Plant & Equipment	6,150	6,234	5,855	5,364	4,157	2,855
Long-Term Investments	275.22	195.63	174.23	214.56	191.1	188.72
Goodwill	-	2.06	2.06	2.06	2.06	2.06
Other Intangible Assets	517.99	532.89	518.98	537.32	373.84	256.34
Long-Term Deferred Tax Assets	171.19	172.35	116.24	78.84	54.9	40.88
Long-Term Deferred Charges	7.69	13.99	0.3	0.88	3.6	8.03
Other Long-Term Assets	59.8	35.54	284.11	171.64	273.23	322.86
Total Assets	11,084	11,318	10,443	9,919	9,055	6,106
Accounts Payable	1,037	1,170	914.61	1,019	598.6	571.74
Accrued Expenses	42.62	77.21	77.82	69.19	62.22	54.51
Short-Term Debt	936.76	778.02	832.56	880.93	876.65	447.18
Current Portion of Long-Term Debt	-	923.6	705.67	232.08	509.08	86.73
Current Portion of Leases	-	-	74.55	8.38	3.46	1.86
Current Income Taxes Payable	54.04	41.95	10.14	21.74	8.77	13.56
Current Unearned Revenue	20.92	16.93	19.82	24.93	31.91	48.86
Other Current Liabilities	1,665	433.79	455.91	484.91	627.35	416.42
Total Current Liabilities	3,757	3,441	3,091	2,741	2,718	1,641
Long-Term Debt	707.9	1,222	2,134	2,061	1,679	529.53
Long-Term Leases	1.04	4.09	137.56	13.08	2.99	2.05
Long-Term Unearned Revenue	342.67	358.35	362.92	352.45	254.73	213
Long-Term Deferred Tax Liabilities	8.96	9.19	9.48	2.97	3.03	0.04
Other Long-Term Liabilities	159.99	144.8	48.44	44.21	30.17	17.77
Total Liabilities	4,977	5,180	5,783	5,215	4,688	2,403
Common Stock	1,010	1,018	896.78	917.72	916.52	898.19
Additional Paid-In Capital	3,194	3,299	1,900	1,994	1,919	1,776
Retained Earnings	1,866	1,780	1,584	1,536	1,305	985.26
Treasury Stock	-	-69.99	-69.99	-115.09	-153.65	-70.73
Comprehensive Income & Other	17.78	15.34	231.16	228.61	224.58	-
Total Common Equity	6,088	6,042	4,542	4,562	4,211	3,589
Minority Interest	18.97	96.38	118.19	142.4	156.26	114.29
Shareholders' Equity	6,107	6,139	4,660	4,704	4,367	3,703
Total Liabilities & Equity	11,084	11,318	10,443	9,919	9,055	6,106
Total Debt	1,646	2,928	3,884	3,195	3,071	1,067
Net Cash (Debt)	-761.09	-1,742	-2,858	-1,901	-1,055	-331.69
Net Cash Per Share	-0.78	-1.83	-3.00	-1.98	-1.17	-0.40
Filing Date Shares Outstanding	1,038	1,068	888.85	748.56	907.19	888.86
Total Common Shares Outstanding	1,038	1,068	888.85	748.56	907.19	888.86
Working Capital	145.14	690.83	401.09	808.48	1,282	791.33
Book Value Per Share	5.87	5.66	5.11	6.09	4.64	4.04
Tangible Book Value	5,570	5,507	4,021	4,022	3,835	3,330
Tangible Book Value Per Share	5.37	5.16	4.52	5.37	4.23	3.75
Buildings	-	-	1,905	1,742	1,214	1,089
Machinery	-	-	4,257	3,304	2,700	2,139
Construction In Progress	-	-	1,514	1,863	1,530	727.76

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