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 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	1,024	1,533	1,624	1,609	1,123	996.88
Trading Asset Securities	281	-	-	-	-	-
Cash & Short-Term Investments	1,305	1,533	1,624	1,609	1,123	996.88
Cash Growth	-7.25%	-5.63%	0.92%	43.26%	12.69%	2.36%
Accounts Receivable	644.41	411.09	406.39	325.99	228.03	156.15
Other Receivables	16.29	23.14	33.91	21.25	21.15	28.79
Receivables	660.7	434.22	440.3	347.24	249.18	184.98
Inventory	67.4	63.13	74.43	81.12	33.78	21.07
Other Current Assets	68.55	55.76	45.05	33.06	24.78	43.02
Total Current Assets	2,102	2,086	2,184	2,071	1,431	1,246
Property, Plant & Equipment	1,086	1,096	918.92	783.8	732.54	764.27
Long-Term Investments	198.26	197.57	68.01	60.74	56.29	55.96
Goodwill	10.26	10.26	10.96	4	3.3	3.3
Other Intangible Assets	279.16	281.72	297.25	284.21	215.18	202.64
Long-Term Deferred Tax Assets	23.94	18.3	18.45	14.23	11.99	9.77
Long-Term Deferred Charges	59.86	63.2	77.08	79.69	86.15	46.35
Other Long-Term Assets	50.76	51.76	42.02	44.71	76.2	48.02
Total Assets	3,810	3,805	3,617	3,342	2,613	2,376
Accounts Payable	231.4	270.71	181.91	90.37	81.95	56.28
Accrued Expenses	205.15	243.95	296.8	296.31	280.12	272.07
Short-Term Debt	85.51	72.87	80.55	54.98	28.03	60.5
Current Portion of Long-Term Debt	14.16	21.32	0	3	2.52	2.5
Current Portion of Leases	-	-	22.96	14.83	39.78	17.75
Current Income Taxes Payable	38.48	62.26	34.8	29.95	25.56	30.51
Current Unearned Revenue	133.26	95.79	81.23	66.96	58.21	53.3
Other Current Liabilities	85.91	73.24	67.1	49.83	45.75	56.89
Total Current Liabilities	793.86	840.14	765.35	606.24	561.9	549.8
Long-Term Debt	25.05	25.05	2.3	9.51	12.5	15.02
Long-Term Leases	81	79.69	91.33	98.5	86.03	103.26
Long-Term Unearned Revenue	-	-	-	-	0.02	0.13
Long-Term Deferred Tax Liabilities	0.94	0.9	1.08	0.01	0.06	-
Total Liabilities	900.85	945.78	860.06	714.27	660.52	668.22
Common Stock	107.53	107.53	107.53	107.53	80.65	80.65
Additional Paid-In Capital	845.83	845.83	846.19	841.84	397.49	390.44
Retained Earnings	858.61	835.31	783.98	712.25	594	483.18
Comprehensive Income & Other	59.16	58.36	53.79	52.32	52.56	47.38
Total Common Equity	1,871	1,847	1,791	1,714	1,125	1,002
Minority Interest	1,038	1,012	965.13	913.94	827.57	706.39
Shareholders' Equity	2,909	2,859	2,757	2,628	1,952	1,708
Total Liabilities & Equity	3,810	3,805	3,617	3,342	2,613	2,376
Total Debt	205.72	198.93	197.14	180.83	168.86	199.04
Net Cash (Debt)	1,099	1,334	1,427	1,429	954.52	797.84
Net Cash Growth	-7.96%	-6.54%	-0.10%	49.66%	19.64%	-9.67%
Net Cash Per Share	10.25	12.43	13.30	17.76	11.86	9.92
Filing Date Shares Outstanding	105.93	107.7	107.53	107.53	80.65	80.65
Total Common Shares Outstanding	105.93	107.7	107.53	107.53	80.65	80.65
Working Capital	1,308	1,246	1,419	1,465	869.22	696.14
Book Value Per Share	17.66	17.15	16.66	15.94	13.95	12.42
Tangible Book Value	1,582	1,555	1,483	1,426	906.2	795.71
Tangible Book Value Per Share	14.93	14.44	13.79	13.26	11.24	9.87
Buildings	-	-	758.11	708.97	660.67	661.59
Machinery	-	-	671.23	644.66	622.67	628.32
Construction In Progress	-	-	166.28	57.76	26.41	14.1

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