Anbang Save-Guard Group Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	948.46	1,533	1,624	1,609	1,123	996.88
Trading Asset Securities	410	-	-	-	-	-
Cash & Short-Term Investments	1,358	1,533	1,624	1,609	1,123	996.88
Cash Growth	-4.55%	-5.63%	0.92%	43.26%	12.69%	2.36%
Accounts Receivable	668.93	411.09	406.39	325.99	228.03	156.15
Other Receivables	18.52	23.14	33.91	21.25	21.15	28.79
Receivables	687.44	434.22	440.3	347.24	249.18	184.98
Inventory	66.69	63.13	74.43	81.12	33.78	21.07
Prepaid Expenses	-	7.18	9.56	-	-	-
Other Current Assets	74.86	48.58	35.49	33.06	24.78	43.02
Total Current Assets	2,187	2,086	2,184	2,071	1,431	1,246
Property, Plant & Equipment	1,062	1,096	918.92	783.8	732.54	764.27
Long-Term Investments	219.01	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	274.36	281.72	297.25	284.21	215.18	202.64
Long-Term Deferred Tax Assets	24.46	18.3	18.45	14.23	11.99	9.77
Long-Term Deferred Charges	56.6	63.2	77.08	79.69	86.15	46.35
Other Long-Term Assets	41.55	51.76	42.02	44.71	76.2	48.02
Total Assets	3,876	3,805	3,617	3,342	2,613	2,376

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	211.27	270.71	181.91	90.37	81.95	56.28
Accrued Expenses	260.23	279.25	296.8	296.31	280.12	272.07
Short-Term Debt	82	72.87	80.55	54.98	28.03	60.5
Current Portion of Long-Term Debt	13.84	0.03	0	3	2.52	2.5
Current Portion of Leases	-	21.3	22.96	14.83	39.78	17.75
Current Income Taxes Payable	49.47	32.03	34.8	29.95	25.56	30.51
Current Unearned Revenue	107.23	95.79	81.23	66.96	58.21	53.3
Other Current Liabilities	128.33	68.17	67.1	49.83	45.75	56.89
Total Current Liabilities	852.37	840.14	765.35	606.24	561.9	549.8
Long-Term Debt	50	25.05	2.3	9.51	12.5	15.02
Long-Term Leases	67.95	79.69	91.33	98.5	86.03	103.26
Long-Term Unearned Revenue	-	-	-	-	0.02	0.13
Long-Term Deferred Tax Liabilities	0.93	0.9	1.08	0.01	0.06	-
Total Liabilities	971.24	945.78	860.06	714.27	660.52	668.22

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	150.54	107.53	107.53	107.53	80.65	80.65
Additional Paid-In Capital	802.82	845.83	846.19	841.84	397.49	390.44
Retained Earnings	894.21	835.31	783.98	712.25	594	483.18
Comprehensive Income & Other	60.28	58.36	53.79	52.32	52.56	47.38
Total Common Equity	1,908	1,847	1,791	1,714	1,125	1,002
Minority Interest	996.7	1,012	965.13	913.94	827.57	706.39
Shareholders' Equity	2,905	2,859	2,757	2,628	1,952	1,708
Total Liabilities & Equity	3,876	3,805	3,617	3,342	2,613	2,376

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	213.78	198.93	197.14	180.83	168.86	199.04
Net Cash (Debt)	1,145	1,334	1,427	1,429	954.52	797.84
Net Cash Growth	-5.60%	-6.54%	-0.10%	49.66%	19.64%	-9.67%
Net Cash Per Share	7.58	8.88	9.50	12.68	8.47	7.09
Filing Date Shares Outstanding	152.63	150.54	150.54	150.54	112.9	112.9
Total Common Shares Outstanding	152.63	150.54	150.54	150.54	112.9	112.9
Working Capital	1,335	1,246	1,419	1,465	869.22	696.14
Book Value Per Share	12.50	12.27	11.90	11.39	9.96	8.87
Tangible Book Value	1,623	1,555	1,483	1,426	906.2	795.71
Tangible Book Value Per Share	10.63	10.33	9.85	9.47	8.03	7.05
Buildings	-	735.9	758.11	708.97	660.67	661.59
Machinery	-	625.54	671.23	644.66	622.67	628.32
Construction In Progress	-	420.42	166.28	57.76	26.41	14.1