Shenzhen SDG Information Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	617.95	506.71	707.5	659.7	1,818	3,006
Short-Term Investments	-	-	-	-	30	-
Trading Asset Securities	70	70	70	70	84.31	112.02
Cash & Short-Term Investments	687.95	576.71	777.5	729.7	1,932	3,118
Cash Growth	-28.78%	-25.82%	6.55%	-62.24%	-38.02%	248.41%
Accounts Receivable	2,250	2,129	2,552	2,687	2,307	1,892
Other Receivables	74.97	102.37	84.31	142.8	167.88	158.92
Receivables	2,325	2,231	2,636	2,830	2,475	2,050
Inventory	1,304	1,072	1,585	1,199	942.42	2,218
Prepaid Expenses	-	-	-	-	6.54	0.33
Other Current Assets	657.62	296.51	162.58	188.76	203.18	371.64
Total Current Assets	4,975	4,176	5,161	4,947	5,560	7,758
Property, Plant & Equipment	1,198	1,194	1,484	1,499	1,216	911.84
Long-Term Investments	176.81	104.14	251.89	37.73	96.84	62.67
Goodwill	191.86	191.86	348.95	494.82	501.93	501.93
Other Intangible Assets	98.15	101.61	125.73	203.91	136.11	145.12
Long-Term Deferred Tax Assets	99.49	101.47	84.61	77.78	53.12	58.38
Long-Term Deferred Charges	38.85	41.04	53.71	45.47	86.91	65.67
Other Long-Term Assets	528.52	551.17	577.11	578.78	672.63	582.45
Total Assets	7,307	6,461	8,087	7,884	8,324	10,086
Accounts Payable	1,629	1,406	1,834	1,704	1,215	1,917
Accrued Expenses	116.01	155.8	109.21	132.97	175.34	195
Short-Term Debt	1,015	996.07	1,212	1,243	1,644	2,841
Current Portion of Long-Term Debt	163.23	42.37	15.52	8.09	45.66	18.22
Current Portion of Leases	-	32.12	41.04	39.28	36.55	-
Current Income Taxes Payable	33.51	39.15	15.49	8.46	13.38	41.81
Current Unearned Revenue	139.36	93.72	420.16	199.76	81.7	636.66
Other Current Liabilities	429.76	369.85	250.72	313.17	276.88	300.83
Total Current Liabilities	3,525	3,135	3,898	3,649	3,489	5,951
Long-Term Debt	1,549	1,164	1,505	1,678	2,087	1,023
Long-Term Leases	71.1	59.46	98.1	99.84	143.34	-
Long-Term Unearned Revenue	11.4	13.33	36.69	31.27	32.79	42.65
Long-Term Deferred Tax Liabilities	25.15	26.35	58.86	57.61	50.14	68.45
Other Long-Term Liabilities	7.18	4.83	2.21	1.64	0.87	25.41
Total Liabilities	5,189	4,403	5,599	5,518	5,803	7,111
Common Stock	900.34	900.34	900.34	844.59	844.58	816.58
Additional Paid-In Capital	1,503	1,503	1,503	1,102	1,102	929.67
Retained Earnings	-691.73	-699.73	-297.16	-24.68	-38.27	581.77
Treasury Stock	-193.8	-193.8	-193.8	-193.8	-	-
Comprehensive Income & Other	-10.52	-8.74	-6.22	68.86	68.54	104.05
Total Common Equity	1,508	1,502	1,907	1,797	1,977	2,432
Minority Interest	609.73	556.54	582.03	569.78	543.35	542.82
Shareholders' Equity	2,117	2,058	2,489	2,366	2,521	2,975
Total Liabilities & Equity	7,307	6,461	8,087	7,884	8,324	10,086
Total Debt	2,798	2,295	2,871	3,069	3,957	3,883
Net Cash (Debt)	-2,110	-1,718	-2,094	-2,339	-2,025	-765.06
Net Cash Per Share	-2.35	-1.91	-2.38	-2.77	-2.46	-0.94
Filing Date Shares Outstanding	868.39	868.39	868.39	812.64	844.58	816.58
Total Common Shares Outstanding	868.39	868.39	868.39	812.64	844.58	816.58
Working Capital	1,450	1,041	1,263	1,298	2,071	1,806
Book Value Per Share	1.74	1.73	2.20	2.21	2.34	2.98
Tangible Book Value	1,218	1,208	1,432	1,098	1,339	1,785
Tangible Book Value Per Share	1.40	1.39	1.65	1.35	1.59	2.19
Buildings	-	702.59	718.04	609.37	361.14	361.14
Machinery	-	1,375	1,619	1,436	998.28	977.07
Construction In Progress	-	77.05	28.07	222.65	529.01	348.49

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.