Sany Renewable Energy 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	-	10,996	11,547	9,098	3,980
Short-Term Investments	-	421.01	-	-	-
Trading Asset Securities	-	1,749	35.86	1,166	76.94
Cash & Short-Term Investments	11,095	13,166	11,583	10,264	4,057
Cash Growth	-15.73%	13.67%	12.84%	153.02%	114.02%
Accounts Receivable	-	9,521	6,480	4,521	3,811
Other Receivables	-	466.11	638.47	678.48	186.23
Receivables	-	9,988	7,118	5,199	3,997
Inventory	-	5,161	3,087	1,636	1,528
Prepaid Expenses	-	12.67	71.55	-	9.05
Other Current Assets	-	1,079	995.12	890.17	690.1
Total Current Assets	-	29,406	22,855	17,990	10,281
Property, Plant & Equipment	-	5,679	5,416	5,194	5,154
Long-Term Investments	-	1,482	1,241	295.46	191.49
Other Intangible Assets	-	922.72	715.78	375.24	284.27
Long-Term Accounts Receivable	-	2,846	1,882	1,445	1,080
Long-Term Deferred Tax Assets	-	808.25	718.71	745.16	682.09
Long-Term Deferred Charges	-	0.02	0.04	0.11	3.71
Other Long-Term Assets	-	259.48	547.16	370.45	122.07
Total Assets	-	41,403	33,376	26,415	17,799
Accounts Payable	-	12,231	10,132	6,548	4,754
Accrued Expenses	-	916.32	1,044	497.24	554.98
Short-Term Debt	-	5	770.57	3,089	2,659
Current Portion of Long-Term Debt	-	878.91	1,331	23.6	87.17
Current Portion of Leases	-	87.7	25.02	-	-
Current Income Taxes Payable	-	262.87	149.26	58.09	94.2
Current Unearned Revenue	-	6,123	2,705	2,150	2,546
Other Current Liabilities	-	4,049	2,917	2,073	1,768
Total Current Liabilities	-	24,554	19,073	14,439	12,463
Long-Term Debt	-	2,662	1,135	614	1,342
Long-Term Leases	-	74.03	58.67	-	-
Long-Term Unearned Revenue	-	155.48	132.15	75.08	37.29
Long-Term Deferred Tax Liabilities	-	-	2.11	-	1.51
Other Long-Term Liabilities	-	234.04	180.73	104.6	78.04
Total Liabilities	-	27,680	20,582	15,233	13,922
Common Stock	-	1,226	1,206	1,189	988.5
Additional Paid-In Capital	-	6,535	6,480	6,350	800.92
Retained Earnings	-	6,320	5,214	3,719	2,072
Treasury Stock	-	-431.04	-149.47	-101.56	-
Comprehensive Income & Other	-	73.4	42.81	25.53	15.76
Total Common Equity	13,273	13,724	12,793	11,183	3,877
Minority Interest	-	0	0	0	0
Shareholders' Equity	13,273	13,724	12,793	11,183	3,877
Total Liabilities & Equity	-	41,403	33,376	26,415	17,799
Total Debt	3,212	3,708	3,320	3,726	4,088
Net Cash (Debt)	7,883	9,458	8,262	6,538	-31.54
Net Cash Growth	-16.65%	14.47%	26.38%	-	-
Net Cash Per Share	6.50	7.78	6.81	5.94	-0.03
Filing Date Shares Outstanding	1,212	1,217	1,195	1,186	988.5
Total Common Shares Outstanding	1,220	1,217	1,195	1,186	988.5
Working Capital	-	4,853	3,781	3,551	-2,182
Book Value Per Share	10.88	11.28	10.71	9.43	3.92
Tangible Book Value	12,328	12,801	12,078	10,808	3,593
Tangible Book Value Per Share	10.11	10.52	10.11	9.11	3.63
Buildings	-	3,241	3,133	1,365	868.53
Machinery	-	3,069	2,667	3,480	3,771
Construction In Progress	-	651.42	553.21	1,155	1,107

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