GuangDong ShaoNeng Group 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	605.27	456.34	323.32	311.2	426.1	483.76
Short-Term Investments	-	-	0.22	2	2	-
Accounts Receivable	2,258	1,862	2,328	2,158	1,825	1,538
Other Receivables	129.91	55.11	14.3	25.9	112.22	67.58
Inventory	742.74	646.23	530.11	505.36	475.89	581.95
Prepaid Expenses	-	-	-	-	0.01	0.46
Other Current Assets	151.74	199.13	177.28	183.97	224.75	277.87
Total Current Assets	3,887	3,218	3,373	3,186	3,066	2,950
Property, Plant & Equipment	8,586	8,868	8,969	9,290	9,282	9,178
Other Intangible Assets	350.69	360.28	361.04	373.52	331.72	340.2
Long-Term Investments	35.06	36.16	42.73	44.21	39.49	44.22
Long-Term Deferred Tax Assets	157.37	180.99	214.76	124.69	60.02	49.04
Long-Term Deferred Charges	12.39	16.92	19.78	27.34	39.23	48.52
Other Long-Term Assets	99.06	113.23	94.01	112.67	146.81	59.31
Total Assets	13,128	12,794	13,074	13,159	12,965	12,669
Accounts Payable	543.79	635.72	667.59	539.49	498.21	507.74
Accrued Expenses	29.34	79.35	56.95	54.45	52.44	68.93
Short-Term Debt	1,078	1,279	1,527	1,204	873.64	914.35
Current Portion of Long-Term Debt	474.54	844.96	840.96	794.16	857.4	671.66
Current Unearned Revenue	64.38	30.45	25.63	23.92	12.54	17.76
Current Portion of Leases	-	5.16	1.19	0.12	4.09	-
Current Income Taxes Payable	83.49	3.66	12.92	4.27	10.26	31.18
Other Current Liabilities	517.51	394.53	386.13	448.01	447.25	536.89
Total Current Liabilities	2,791	3,273	3,519	3,069	2,756	2,749
Long-Term Debt	5,539	4,515	4,636	4,837	4,704	4,262
Long-Term Leases	71.68	69.68	3.53	1.77	1.64	-
Long-Term Unearned Revenue	271.39	272.49	293.96	324.08	379.99	400.47
Long-Term Deferred Tax Liabilities	0.14	0.14	0.15	0.49	0.31	0.55
Other Long-Term Liabilities	7.74	7.38	9.78	42.2	97.75	200.33
Total Liabilities	8,681	8,138	8,462	8,274	7,940	7,612
Common Stock	1,081	1,081	1,081	1,081	1,081	1,081
Additional Paid-In Capital	1,566	1,583	1,583	1,581	1,581	1,581
Retained Earnings	1,654	1,694	1,617	1,883	2,011	2,039
Treasury Stock	-119.35	-46.63	-	-	-	-
Comprehensive Income & Other	6.73	-2.67	0.97	0.22	-1.26	-1.24
Total Common Equity	4,188	4,308	4,282	4,545	4,672	4,699
Minority Interest	259.52	348	330.1	339.19	353.38	357.94
Shareholders' Equity	4,447	4,657	4,612	4,885	5,026	5,057
Total Liabilities & Equity	13,128	12,794	13,074	13,159	12,965	12,669
Total Debt	7,163	6,714	7,009	6,837	6,441	5,848
Net Cash (Debt)	-6,558	-6,258	-6,686	-6,524	-6,013	-5,364
Net Cash Per Share	-6.09	-5.71	-6.28	-6.15	-5.56	-5.01
Filing Date Shares Outstanding	1,049	1,062	1,081	1,081	1,081	1,081
Total Common Shares Outstanding	1,049	1,062	1,081	1,081	1,081	1,081
Working Capital	1,096	-54.76	-145.9	117.37	310.11	201.23
Book Value Per Share	3.99	4.06	3.96	4.21	4.32	4.35
Tangible Book Value	3,837	3,948	3,921	4,172	4,340	4,359
Tangible Book Value Per Share	3.66	3.72	3.63	3.86	4.02	4.03
Buildings	-	7,369	7,327	7,260	6,965	6,933
Machinery	-	7,765	7,475	7,252	6,548	6,299
Construction In Progress	-	197.97	118.76	188.68	633.16	343.94

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