Fujian Sanmu 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	660.19	829.05	1,311	997.44	1,309	1,141
Trading Asset Securities	-	-	68.54	40.2	141.76	100.56
Cash & Short-Term Investments	660.19	829.05	1,380	1,038	1,451	1,242
Cash Growth	-20.99%	-39.92%	32.99%	-28.48%	16.84%	-43.15%
Accounts Receivable	172.45	272.82	132.32	249.55	27.99	30.66
Other Receivables	130.57	226.57	183.87	159.69	118.64	168.88
Receivables	303.01	499.39	316.19	409.24	146.63	199.54
Inventory	2,675	2,749	3,296	3,868	4,484	3,849
Prepaid Expenses	-	-	-	-	55.05	58.93
Other Current Assets	1,220	949.71	1,029	873.51	788.88	916.81
Total Current Assets	4,858	5,027	6,021	6,188	6,926	6,266
Property, Plant & Equipment	471.61	483.71	499.77	537.85	534.87	536.8
Long-Term Investments	462.45	469.75	608.03	627.31	512.37	413.85
Goodwill	-	-	74.87	126.08	137.1	137.1
Other Intangible Assets	0.69	0.81	3.89	4.35	1.74	2.6
Long-Term Deferred Tax Assets	5.2	5.27	6.31	10.25	11.26	18.18
Long-Term Deferred Charges	4.63	4.98	3.52	5.33	8.67	9.88
Other Long-Term Assets	2,526	2,526	2,659	2,266	1,800	1,798
Total Assets	8,329	8,517	9,876	9,765	9,932	9,182
Accounts Payable	827.54	815.22	1,139	1,284	1,764	1,708
Accrued Expenses	9.53	109.9	67.05	112.58	85.74	142.55
Short-Term Debt	2,152	2,680	2,744	2,399	1,882	2,194
Current Portion of Long-Term Debt	641.83	867.3	418.01	619.68	164.96	658.23
Current Portion of Leases	-	0.98	1.04	1.77	1.73	-
Current Income Taxes Payable	148.51	44.31	42.37	42.88	50.84	62.5
Current Unearned Revenue	777.92	781.47	1,095	1,371	1,126	430.57
Other Current Liabilities	391.27	437.91	358.61	524.03	753.35	729.97
Total Current Liabilities	4,949	5,737	5,865	6,355	5,828	5,926
Long-Term Debt	1,605	862.34	1,488	1,120	1,826	1,041
Long-Term Leases	-	0.48	1.49	3.16	4.86	-
Long-Term Deferred Tax Liabilities	461.97	461.97	469.98	340.21	331.66	327.25
Total Liabilities	7,016	7,062	7,825	7,818	7,990	7,294
Common Stock	465.52	465.52	465.52	465.52	465.52	465.52
Retained Earnings	-661.9	-525.25	6.19	323.46	309.4	283.86
Comprehensive Income & Other	1,077	1,077	1,077	644.59	644.59	644.59
Total Common Equity	880.48	1,017	1,549	1,434	1,420	1,394
Minority Interest	432.59	438.03	502.61	512.74	521.91	494.59
Shareholders' Equity	1,313	1,455	2,051	1,946	1,941	1,889
Total Liabilities & Equity	8,329	8,517	9,876	9,765	9,932	9,182
Total Debt	4,399	4,411	4,653	4,144	3,879	3,893
Net Cash (Debt)	-3,739	-3,582	-3,273	-3,106	-2,428	-2,651
Net Cash Per Share	-8.03	-7.69	-7.03	-6.66	-5.21	-5.70
Filing Date Shares Outstanding	465.52	465.52	465.52	465.52	465.52	465.52
Total Common Shares Outstanding	465.52	465.52	465.52	465.52	465.52	465.52
Working Capital	-90.22	-710.33	155.97	-166.83	1,098	340.01
Book Value Per Share	1.89	2.18	3.33	3.08	3.05	2.99
Tangible Book Value	879.8	1,016	1,470	1,303	1,281	1,254
Tangible Book Value Per Share	1.89	2.18	3.16	2.80	2.75	2.69
Buildings	-	602	602	663.71	632.04	607.54
Machinery	-	42.33	40.33	39.9	40.57	43.45
Construction In Progress	-	1.09	0.59	0.35	8.04	20.55

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