SEC Electric Machinery Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	119.35	110.05	93.04	59.24	108.1
Trading Asset Securities	136.64	27.43	62.32	50.36	100.3
Cash & Short-Term Investments	255.99	137.48	155.37	109.6	208.41
Cash Growth	86.20%	-11.51%	41.75%	-47.41%	-49.58%
Accounts Receivable	441.04	539.08	514.15	534.81	487.3
Other Receivables	3	2.18	2.51	3.25	2.92
Receivables	444.04	541.26	516.66	538.06	490.22
Inventory	235.45	275.04	264.9	347.49	336.41
Other Current Assets	3.13	8.24	15.7	12.54	10.11
Total Current Assets	938.62	962.02	952.63	1,008	1,045
Property, Plant & Equipment	100.12	108.11	117.17	127.86	121.07
Other Intangible Assets	25.33	26.52	25.92	26.74	27.56
Long-Term Deferred Tax Assets	20.22	19.41	16.11	16.4	13.87
Other Long-Term Assets	0.46	-	-	-	-
Total Assets	1,085	1,116	1,112	1,179	1,208
Accounts Payable	229.21	328.28	297.66	382.15	435.59
Accrued Expenses	18.97	19.24	23.15	25.66	21.09
Short-Term Debt	50	-	-	-	-
Current Portion of Leases	1.27	-	-	-	-
Current Income Taxes Payable	3.1	4.19	4.6	2.15	5.92
Current Unearned Revenue	89.77	77.01	69.11	86.99	103.79
Other Current Liabilities	28.46	9.87	9.28	10.48	13.9
Total Current Liabilities	420.79	438.6	403.79	507.44	580.29
Long-Term Leases	1.25	-	-	0.47	0.91
Long-Term Deferred Tax Liabilities	-	0.74	5.97	6.26	12.03
Other Long-Term Liabilities	0.73	35.34	37.48	31.27	22.68
Total Liabilities	422.77	474.68	447.25	545.44	615.91
Common Stock	235.2	235.2	235.2	235.2	235.2
Additional Paid-In Capital	172.84	172.84	172.84	172.84	172.84
Retained Earnings	244.38	223.14	247.58	219.85	181.6
Comprehensive Income & Other	9.56	10.21	8.97	5.37	2.09
Shareholders' Equity	661.98	641.39	664.59	633.26	591.73
Total Liabilities & Equity	1,085	1,116	1,112	1,179	1,208
Total Debt	52.52	-	-	0.47	0.91
Net Cash (Debt)	203.47	137.48	155.37	109.14	207.5
Net Cash Growth	48.00%	-11.51%	42.36%	-47.40%	-49.80%
Net Cash Per Share	0.86	0.53	0.65	0.47	0.88
Filing Date Shares Outstanding	235.2	235.2	235.2	235.2	235.2
Total Common Shares Outstanding	235.2	235.2	235.2	235.2	235.2
Working Capital	517.83	523.43	548.83	500.25	464.86
Book Value Per Share	2.81	2.73	2.83	2.69	2.52
Tangible Book Value	636.65	614.88	638.66	606.52	564.18
Tangible Book Value Per Share	2.71	2.61	2.72	2.58	2.40
Buildings	90.67	88.9	88.9	88.9	88.9
Machinery	210.2	210.51	204.19	203.58	187.19
Construction In Progress	-	-	0.71	-	-

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