Solareast 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	1,208	554.38	752.53	450.61	415	680.96
Short-Term Investments	-	-	72.69	868.73	181.45	70
Trading Asset Securities	327.37	763.85	251.14	121.19	509.03	115.6
Cash & Short-Term Investments	1,535	1,318	1,076	1,441	1,105	866.56
Cash Growth	55.55%	22.47%	-25.28%	30.31%	27.57%	-35.05%
Accounts Receivable	429.54	487.02	548.12	434.55	443.58	329.51
Other Receivables	127.22	118.88	103.39	89.58	115.3	85.16
Receivables	556.76	605.9	651.51	524.13	558.88	414.67
Inventory	645.43	609.64	524.92	894.68	727.96	724.98
Prepaid Expenses	-	-	0.47	0.03	0.01	-
Other Current Assets	354.6	490.44	133.09	69.37	85.84	87.37
Total Current Assets	3,092	3,024	2,386	2,929	2,478	2,094
Property, Plant & Equipment	1,296	1,313	1,239	1,168	1,142	1,064
Long-Term Investments	2,482	2,418	2,339	2,164	1,908	2,041
Goodwill	63.41	63.41	101.14	101.07	199.19	221.27
Other Intangible Assets	1,048	1,051	1,018	428.38	431.84	482.23
Long-Term Accounts Receivable	-	-	-	-	9.97	19.91
Long-Term Deferred Tax Assets	96.61	96.72	93.4	100.05	110.85	115.34
Long-Term Deferred Charges	43.96	47.24	56.82	71.91	78.64	86.59
Other Long-Term Assets	87.55	87.43	107.55	110.33	132.84	152.63
Total Assets	8,210	8,101	7,342	7,072	6,492	6,276
Accounts Payable	897.57	1,013	976.67	1,148	864.15	910.97
Accrued Expenses	90.68	125.12	220.43	235.29	227.94	220.93
Short-Term Debt	275.49	250.83	745.03	504.38	506.76	495.28
Current Portion of Long-Term Debt	8.12	11.42	3.3	-	-	-
Current Income Taxes Payable	48.79	85.83	45.84	26.38	16	13.1
Current Unearned Revenue	906.59	619.18	441.4	623.87	545.28	449.87
Other Current Liabilities	989.7	961.69	344.04	346.06	354.19	330.59
Total Current Liabilities	3,217	3,067	2,777	2,884	2,514	2,421
Long-Term Debt	531.4	531.4	206.75	-	-	9.91
Long-Term Unearned Revenue	40.17	41.55	47.91	55.41	63.38	68.34
Long-Term Deferred Tax Liabilities	68.87	68.94	67.11	61.63	61.58	54.04
Other Long-Term Liabilities	46.35	46.37	37.85	30.07	20.22	39.49
Total Liabilities	3,904	3,755	3,136	3,031	2,660	2,593
Common Stock	813.05	813.05	813.28	813.97	820.87	822.9
Additional Paid-In Capital	1,938	1,938	1,933	1,931	1,932	1,921
Retained Earnings	1,574	1,614	1,458	1,312	1,080	880.87
Treasury Stock	-	-	-0.47	-16.78	-31.55	-50.84
Comprehensive Income & Other	-41.33	-45.18	-42.81	-53.88	-40.95	22.75
Total Common Equity	4,284	4,320	4,161	3,986	3,761	3,597
Minority Interest	22.06	25.65	43.87	54.69	71.43	86.43
Shareholders' Equity	4,306	4,345	4,205	4,040	3,832	3,683
Total Liabilities & Equity	8,210	8,101	7,342	7,072	6,492	6,276
Total Debt	815.01	793.65	955.08	504.38	506.76	505.19
Net Cash (Debt)	719.99	524.58	121.28	936.14	598.71	361.37
Net Cash Growth	133.01%	332.55%	-87.04%	56.36%	65.68%	-33.95%
Net Cash Per Share	0.89	0.65	0.15	1.10	0.75	0.45
Filing Date Shares Outstanding	812.24	813	833.69	1,005	479.17	800
Total Common Shares Outstanding	812.24	813	833.69	1,005	479.17	800
Working Capital	-125.14	-43	-390.36	44.45	-36.17	-327.16
Book Value Per Share	5.27	5.31	4.99	3.96	7.85	4.50
Tangible Book Value	3,173	3,205	3,043	3,456	3,130	2,893
Tangible Book Value Per Share	3.91	3.94	3.65	3.44	6.53	3.62
Buildings	-	-	1,291	1,277	1,169	1,120
Machinery	-	-	816.62	721.88	672.15	574.08
Construction In Progress	-	-	131.6	58.96	85.03	29.8

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