Anbang Save-Guard Group 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	1,423	1,624	1,609	1,123	996.88	973.85
Cash & Short-Term Investments	1,423	1,624	1,609	1,123	996.88	973.85
Cash Growth	3.06%	0.92%	43.26%	12.69%	2.36%	95.03%
Accounts Receivable	619.43	406.39	325.99	228.03	156.15	116.78
Other Receivables	30.63	33.91	21.25	21.15	28.79	37.44
Receivables	650.06	440.3	347.24	249.18	184.98	154.22
Inventory	75.82	74.43	81.12	33.78	21.07	10.78
Other Current Assets	62.56	45.05	33.06	24.78	43.02	54.25
Total Current Assets	2,212	2,184	2,071	1,431	1,246	1,193
Property, Plant & Equipment	950.62	918.92	783.8	732.54	764.27	715.64
Long-Term Investments	99.66	68.01	60.74	56.29	55.96	52.05
Goodwill	10.96	10.96	4	3.3	3.3	3.3
Other Intangible Assets	290.29	297.25	284.21	215.18	202.64	207.08
Long-Term Deferred Tax Assets	22.05	18.45	14.23	11.99	9.77	7.86
Long-Term Deferred Charges	64.67	77.08	79.69	86.15	46.35	53.18
Other Long-Term Assets	42.76	42.02	44.71	76.2	48.02	1.72
Total Assets	3,693	3,617	3,342	2,613	2,376	2,234
Accounts Payable	144.47	181.91	90.37	81.95	56.28	59.02
Accrued Expenses	266.21	296.8	296.31	280.12	272.07	244.07
Short-Term Debt	90.62	80.55	54.98	28.03	60.5	74.41
Current Portion of Long-Term Debt	9.62	0	3	2.52	2.5	3.03
Current Portion of Leases	-	22.96	14.83	39.78	17.75	-
Current Income Taxes Payable	47.14	34.8	29.95	25.56	30.51	36.24
Current Unearned Revenue	104.38	81.23	66.96	58.21	53.3	45.36
Other Current Liabilities	142.4	67.1	49.83	45.75	56.89	151.71
Total Current Liabilities	804.84	765.35	606.24	561.9	549.8	613.84
Long-Term Debt	25.05	2.3	9.51	12.5	15.02	13.15
Long-Term Leases	85.32	91.33	98.5	86.03	103.26	-
Long-Term Unearned Revenue	-	-	-	0.02	0.13	-
Long-Term Deferred Tax Liabilities	1.08	1.08	0.01	0.06	-	-
Total Liabilities	916.29	860.06	714.27	660.52	668.22	627
Common Stock	107.53	107.53	107.53	80.65	80.65	80.65
Additional Paid-In Capital	846.19	846.19	841.84	397.49	390.44	375.24
Retained Earnings	800.41	783.98	712.25	594	483.18	419.75
Comprehensive Income & Other	53.32	53.79	52.32	52.56	47.38	39.71
Total Common Equity	1,807	1,791	1,714	1,125	1,002	915.34
Minority Interest	968.9	965.13	913.94	827.57	706.39	691.6
Shareholders' Equity	2,776	2,757	2,628	1,952	1,708	1,607
Total Liabilities & Equity	3,693	3,617	3,342	2,613	2,376	2,234
Total Debt	210.61	197.14	180.83	168.86	199.04	90.6
Net Cash (Debt)	1,213	1,427	1,429	954.52	797.84	883.26
Net Cash Growth	3.60%	-0.10%	49.66%	19.64%	-9.67%	143.78%
Net Cash Per Share	11.34	13.30	17.76	11.86	9.92	14.08
Filing Date Shares Outstanding	107.53	107.53	107.53	80.65	80.65	80.65
Total Common Shares Outstanding	107.53	107.53	107.53	80.65	80.65	80.65
Working Capital	1,407	1,419	1,465	869.22	696.14	579.25
Book Value Per Share	16.81	16.66	15.94	13.95	12.42	11.35
Tangible Book Value	1,506	1,483	1,426	906.2	795.71	704.95
Tangible Book Value Per Share	14.01	13.79	13.26	11.24	9.87	8.74
Buildings	-	758.11	708.97	660.67	661.59	723.42
Machinery	-	671.23	644.66	622.67	628.32	636.82
Construction In Progress	-	166.28	57.76	26.41	14.1	2.57

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.