Shenzhen Cereals Holdings 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	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	116.78	69.93	164.85	238.18	52.91	49.2
Short-Term Investments	-	-	-	30.23	-	10
Trading Asset Securities	-	-	-	1.12	46.68	211.06
Cash & Short-Term Investments	116.78	69.93	164.85	269.52	99.58	270.26
Cash Growth	-40.24%	-57.58%	-38.83%	170.65%	-63.15%	-25.16%
Accounts Receivable	238.49	188.17	238.12	179.94	237.1	283.73
Other Receivables	76.62	23.49	19.98	29.14	32.91	32.38
Receivables	315.11	211.66	258.1	209.08	270.01	316.11
Inventory	4,161	3,969	4,045	3,458	3,599	3,461
Prepaid Expenses	-	1.65	1.94	26.76	1.15	1.4
Other Current Assets	148.15	162.57	124.43	189.8	98.13	194.16
Total Current Assets	4,741	4,415	4,594	4,154	4,068	4,243
Property, Plant & Equipment	2,445	2,101	2,164	2,281	2,404	2,431
Long-Term Investments	28.96	43.27	45.41	74.07	70.73	73.55
Goodwill	-	-	-	-	1.95	1.95
Other Intangible Assets	435.93	436.59	523.37	546.33	594.43	609.41
Long-Term Deferred Tax Assets	54.54	57.19	52.9	52.76	40.4	40.53
Long-Term Deferred Charges	20.42	21.18	26.01	24.69	33.08	28.8
Other Long-Term Assets	285.97	298.37	308.1	270.9	229.3	242.13
Total Assets	8,012	7,372	7,715	7,403	7,441	7,670

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	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Accounts Payable	318.84	345.77	392.79	336.17	390.15	426.91
Accrued Expenses	95.88	147.86	186.46	273.59	351.92	333.76
Short-Term Debt	1,335	1,156	1,485	1,223	1,192	504.77
Current Portion of Long-Term Debt	139.11	-	-	-	-	108.96
Current Portion of Leases	-	26.39	42.93	22.81	21.77	19.78
Current Income Taxes Payable	87.72	223.83	95.22	78.61	59.14	75.86
Current Unearned Revenue	317.16	77.78	126.59	86.57	110.18	182.97
Other Current Liabilities	312.13	269.51	280.17	350.53	301.47	381.25
Total Current Liabilities	2,606	2,247	2,609	2,372	2,427	2,034
Long-Term Debt	-	-	-	-	-	730.52
Long-Term Leases	288.81	29.47	78.08	37.74	60.44	80.17
Long-Term Unearned Revenue	74.53	78.67	79.2	82.82	87.08	93.13
Long-Term Deferred Tax Liabilities	9.77	10.08	10.5	10.94	13.39	13.87
Other Long-Term Liabilities	16.78	16.73	16.64	17.99	21.12	20.77
Total Liabilities	2,996	2,382	2,793	2,521	2,609	2,973

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	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Common Stock	1,153	1,153	1,153	1,153	1,153	1,153
Additional Paid-In Capital	1,272	1,263	1,263	1,267	1,251	1,251
Retained Earnings	2,591	2,565	2,495	2,400	2,351	2,218
Comprehensive Income & Other	-0.94	8.17	9.43	8.81	9.12	8.9
Total Common Equity	5,014	4,989	4,920	4,828	4,763	4,630
Minority Interest	1.45	1.75	1.7	53.21	69.51	66.61
Shareholders' Equity	5,016	4,990	4,921	4,882	4,833	4,697
Total Liabilities & Equity	8,012	7,372	7,715	7,403	7,441	7,670

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	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Total Debt	1,763	1,212	1,606	1,284	1,274	1,444
Net Cash (Debt)	-1,646	-1,142	-1,441	-1,014	-1,175	-1,174
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.43	-0.99	-1.25	-0.88	-1.02	-1.02
Filing Date Shares Outstanding	1,154	1,153	1,153	1,153	1,153	1,153
Total Common Shares Outstanding	1,154	1,153	1,153	1,153	1,153	1,153
Working Capital	2,135	2,168	1,986	1,782	1,641	2,208
Book Value Per Share	4.35	4.33	4.27	4.19	4.13	4.02
Tangible Book Value	4,579	4,552	4,396	4,282	4,167	4,019
Tangible Book Value Per Share	3.97	3.95	3.81	3.72	3.62	3.49
Buildings	-	1,891	1,941	2,031	1,909	1,866
Machinery	-	926.5	907.39	897.62	893.91	838.92
Construction In Progress	-	51.95	39.31	51.29	186.88	207.95