Solareast Holdings Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	535.94	752.53	450.61	415	680.96	937.25
Short-Term Investments	-	72.69	868.73	181.45	70	331
Trading Asset Securities	431.42	251.14	121.19	509.03	115.6	66.04
Cash & Short-Term Investments	967.37	1,076	1,441	1,105	866.56	1,334
Cash Growth	15.82%	-25.28%	30.31%	27.57%	-35.05%	-16.44%
Accounts Receivable	445.57	548.12	434.55	443.58	329.51	335
Other Receivables	135.63	103.39	89.58	115.3	85.16	86.3
Receivables	581.2	651.51	524.13	558.88	414.67	421.29
Inventory	580.77	524.92	894.68	727.96	724.98	506.47
Prepaid Expenses	-	0.47	0.03	0.01	-	-
Other Current Assets	397.47	133.09	69.37	85.84	87.37	53.08
Total Current Assets	2,527	2,386	2,929	2,478	2,094	2,315
Property, Plant & Equipment	1,304	1,239	1,168	1,142	1,064	1,126
Long-Term Investments	2,080	2,339	2,164	1,908	2,041	1,695
Goodwill	101.14	101.14	101.07	199.19	221.27	220.5
Other Intangible Assets	1,265	1,018	428.38	431.84	482.23	493.83
Long-Term Accounts Receivable	-	-	-	9.97	19.91	-
Long-Term Deferred Tax Assets	92.84	93.4	100.05	110.85	115.34	101.3
Long-Term Deferred Charges	43.27	56.82	71.91	78.64	86.59	94.41
Other Long-Term Assets	95.22	107.55	110.33	132.84	152.63	161.58
Total Assets	7,508	7,342	7,072	6,492	6,276	6,208
Accounts Payable	883.75	976.67	1,148	864.15	910.97	941.35
Accrued Expenses	89.92	220.43	235.29	227.94	220.93	177.56
Short-Term Debt	239.91	745.03	504.38	506.76	495.28	777.14
Current Portion of Long-Term Debt	-	3.3	-	-	-	-
Current Income Taxes Payable	58.52	45.84	26.38	16	13.1	6.06
Current Unearned Revenue	466.36	441.4	623.87	545.28	449.87	459.57
Other Current Liabilities	912.66	344.04	346.06	354.19	330.59	278.91
Total Current Liabilities	2,651	2,777	2,884	2,514	2,421	2,641
Long-Term Debt	526.7	206.75	-	-	9.91	9.99
Long-Term Unearned Revenue	42.92	47.91	55.41	63.38	68.34	72.32
Long-Term Deferred Tax Liabilities	66.65	67.11	61.63	61.58	54.04	54.16
Other Long-Term Liabilities	38.16	37.85	30.07	20.22	39.49	26.77
Total Liabilities	3,326	3,136	3,031	2,660	2,593	2,804
Common Stock	813.05	813.28	813.97	820.87	822.9	800
Additional Paid-In Capital	1,933	1,933	1,931	1,932	1,921	1,801
Retained Earnings	1,451	1,458	1,312	1,080	880.87	744.55
Treasury Stock	-	-0.47	-16.78	-31.55	-50.84	-
Comprehensive Income & Other	-42.06	-42.81	-53.88	-40.95	22.75	-1.67
Total Common Equity	4,155	4,161	3,986	3,761	3,597	3,344
Minority Interest	27.65	43.87	54.69	71.43	86.43	59.67
Shareholders' Equity	4,182	4,205	4,040	3,832	3,683	3,404
Total Liabilities & Equity	7,508	7,342	7,072	6,492	6,276	6,208
Total Debt	766.61	955.08	504.38	506.76	505.19	787.13
Net Cash (Debt)	200.76	121.28	936.14	598.71	361.37	547.16
Net Cash Growth	-65.09%	-87.04%	56.36%	65.68%	-33.95%	32.90%
Net Cash Per Share	0.25	0.15	1.10	0.75	0.45	0.68
Filing Date Shares Outstanding	813.05	833.69	1,005	479.17	800	800
Total Common Shares Outstanding	813.05	833.69	1,005	479.17	800	800
Working Capital	-124.31	-390.36	44.45	-36.17	-327.16	-325.45
Book Value Per Share	5.11	4.99	3.96	7.85	4.50	4.18
Tangible Book Value	2,788	3,043	3,456	3,130	2,893	2,630
Tangible Book Value Per Share	3.43	3.65	3.44	6.53	3.62	3.29
Buildings	-	1,291	1,277	1,169	1,120	1,164
Machinery	-	816.62	721.88	672.15	574.08	535.74
Construction In Progress	-	131.6	58.96	85.03	29.8	16.13

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