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 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	832.82	728.33	506.71	707.5	659.7	1,818
Short-Term Investments	53.06	103.06	-	-	-	30
Trading Asset Securities	250	120	70	70	70	84.31
Cash & Short-Term Investments	1,136	951.39	576.71	777.5	729.7	1,932
Cash Growth	66.20%	64.97%	-25.82%	6.55%	-62.24%	-38.02%
Accounts Receivable	1,959	2,092	2,129	2,552	2,687	2,307
Other Receivables	68.8	60.35	102.37	84.31	142.8	167.88
Receivables	2,028	2,152	2,231	2,636	2,830	2,475
Inventory	1,027	899.16	1,072	1,585	1,199	942.42
Prepaid Expenses	-	-	-	-	-	6.54
Other Current Assets	1,789	1,772	296.51	162.58	188.76	203.18
Total Current Assets	5,980	5,774	4,176	5,161	4,947	5,560
Property, Plant & Equipment	1,082	1,098	1,194	1,484	1,499	1,216
Long-Term Investments	68.61	66.89	104.14	251.89	37.73	96.84
Goodwill	5.28	5.28	191.86	348.95	494.82	501.93
Other Intangible Assets	93.87	95.32	101.61	125.73	203.91	136.11
Long-Term Deferred Tax Assets	98.36	97.61	101.47	84.61	77.78	53.12
Long-Term Deferred Charges	32.25	34.73	41.04	53.71	45.47	86.91
Other Long-Term Assets	517.72	521.37	551.17	577.11	578.78	672.63
Total Assets	7,878	7,694	6,461	8,087	7,884	8,324
Accounts Payable	1,449	1,505	1,406	1,834	1,704	1,215
Accrued Expenses	137.57	164.24	155.8	109.21	132.97	175.34
Short-Term Debt	1,655	1,727	996.07	1,212	1,243	1,644
Current Portion of Long-Term Debt	694.1	150.37	42.37	15.52	8.09	45.66
Current Portion of Leases	-	37.55	32.12	41.04	39.28	36.55
Current Income Taxes Payable	12.43	8.17	39.15	15.49	8.46	13.38
Current Unearned Revenue	86.09	82.38	93.72	420.16	199.76	81.7
Other Current Liabilities	1,357	1,104	369.85	250.72	313.17	276.88
Total Current Liabilities	5,391	4,778	3,135	3,898	3,649	3,489
Long-Term Debt	683.01	1,179	1,164	1,505	1,678	2,087
Long-Term Leases	65.47	48.73	59.46	98.1	99.84	143.34
Long-Term Unearned Revenue	9.99	9.91	13.33	36.69	31.27	32.79
Long-Term Deferred Tax Liabilities	27.12	27.84	26.35	58.86	57.61	50.14
Other Long-Term Liabilities	0.93	1.03	4.83	2.21	1.64	0.87
Total Liabilities	6,177	6,045	4,403	5,599	5,518	5,803
Common Stock	900.34	900.34	900.34	900.34	844.59	844.58
Additional Paid-In Capital	1,503	1,503	1,503	1,503	1,102	1,102
Retained Earnings	-1,205	-1,195	-699.73	-297.16	-24.68	-38.27
Treasury Stock	-193.8	-193.8	-193.8	-193.8	-193.8	-
Comprehensive Income & Other	-4.56	-1.23	-8.74	-6.22	68.86	68.54
Total Common Equity	1,001	1,013	1,502	1,907	1,797	1,977
Minority Interest	699.97	635.64	556.54	582.03	569.78	543.35
Shareholders' Equity	1,701	1,649	2,058	2,489	2,366	2,521
Total Liabilities & Equity	7,878	7,694	6,461	8,087	7,884	8,324
Total Debt	3,097	3,142	2,295	2,871	3,069	3,957
Net Cash (Debt)	-1,961	-2,191	-1,718	-2,094	-2,339	-2,025
Net Cash Per Share	-2.18	-2.43	-1.91	-2.38	-2.77	-2.46
Filing Date Shares Outstanding	868.39	868.39	868.39	868.39	812.64	844.58
Total Common Shares Outstanding	868.39	868.39	868.39	868.39	812.64	844.58
Working Capital	589.05	996.01	1,041	1,263	1,298	2,071
Book Value Per Share	1.15	1.17	1.73	2.20	2.21	2.34
Tangible Book Value	901.44	912.86	1,208	1,432	1,098	1,339
Tangible Book Value Per Share	1.04	1.05	1.39	1.65	1.35	1.59
Buildings	-	802.26	702.59	718.04	609.37	361.14
Machinery	-	1,329	1,375	1,619	1,436	998.28
Construction In Progress	-	2.4	77.05	28.07	222.65	529.01

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