Shuhua Sports 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	510.73	507.12	546.36	226.46	222.52	202.3
Trading Asset Securities	-	-	47.43	381.77	150.57	0.94
Cash & Short-Term Investments	510.73	507.12	593.78	608.23	373.09	203.24
Cash Growth	9.59%	-14.59%	-2.38%	63.02%	83.57%	-52.29%
Accounts Receivable	248.86	368	344.8	308.22	244.03	260.82
Other Receivables	12.11	13.54	11.75	15.66	41.63	55.09
Receivables	260.97	381.54	356.55	323.88	285.66	315.91
Inventory	318.93	268.91	235.29	198.12	277.98	324.61
Other Current Assets	71.84	68.56	53.38	29.27	49.61	81.24
Total Current Assets	1,162	1,226	1,239	1,159	986.34	925
Property, Plant & Equipment	531.93	543.47	582.39	624.79	676.37	710.23
Long-Term Investments	6.38	6.38	6.42	5.92	5.62	4.9
Other Intangible Assets	114	114.99	79.86	89.27	96.13	97.54
Long-Term Deferred Tax Assets	53.38	55.06	53.52	45.01	49.23	44.44
Long-Term Deferred Charges	20.31	22.11	12.52	13.14	11.37	14.08
Other Long-Term Assets	68.39	67.98	51.83	27.62	11.06	16.35
Total Assets	1,957	2,036	2,026	1,965	1,836	1,813
Accounts Payable	225.1	207.82	164.88	128.38	95.81	143.27
Accrued Expenses	34.12	147.55	161.54	125.83	106.45	104.56
Short-Term Debt	230.22	211.6	233.85	205	136.65	65.25
Current Portion of Long-Term Debt	8.37	-	-	-	-	-
Current Portion of Leases	-	8.74	6.24	4.57	3.32	1.77
Current Income Taxes Payable	15.95	14.83	16.58	19.26	20.87	15.4
Current Unearned Revenue	60.29	64.08	46.9	58.17	89.98	100.88
Other Current Liabilities	12.48	17.16	22.51	26.7	15.81	22.78
Total Current Liabilities	586.53	671.78	652.51	567.92	468.89	453.91
Long-Term Leases	26.89	30.06	28.14	15.91	10.52	3.55
Long-Term Unearned Revenue	59.17	59.8	62.34	64.88	67.42	69.44
Long-Term Deferred Tax Liabilities	-	-	-	-	1.06	0.98
Total Liabilities	672.59	761.64	742.99	648.71	547.89	527.88
Common Stock	409.23	409.23	411.67	411.67	411.5	411.5
Additional Paid-In Capital	331.9	331.9	344.01	348.73	350.46	350.46
Retained Earnings	561.47	537.14	529.71	561.83	535.43	520.48
Treasury Stock	-21.63	-7.12	-6.21	-8.68	-11.92	-
Comprehensive Income & Other	3.3	3.33	3.37	2.99	2.76	2.22
Shareholders' Equity	1,284	1,274	1,283	1,317	1,288	1,285
Total Liabilities & Equity	1,957	2,036	2,026	1,965	1,836	1,813
Total Debt	265.48	250.4	268.24	225.49	150.49	70.57
Net Cash (Debt)	245.25	256.72	325.54	382.74	222.6	132.67
Net Cash Growth	1.82%	-21.14%	-14.95%	71.94%	67.78%	-32.93%
Net Cash Per Share	0.61	0.63	0.79	0.92	0.55	0.32
Filing Date Shares Outstanding	410.22	408.31	371.88	410.44	410.27	411.5
Total Common Shares Outstanding	410.22	408.31	371.88	410.44	410.27	411.5
Working Capital	575.94	554.35	586.49	591.58	517.46	471.09
Book Value Per Share	3.13	3.12	3.45	3.21	3.14	3.12
Tangible Book Value	1,170	1,159	1,203	1,227	1,192	1,187
Tangible Book Value Per Share	2.85	2.84	3.23	2.99	2.91	2.88
Buildings	-	660.44	681.23	700.31	715.19	715.19
Machinery	-	295.88	285.34	281.78	276.58	271.72

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