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 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	540.85	499.66	829.05	1,311	997.44	1,309
Trading Asset Securities	-	-	-	68.54	40.2	141.76
Cash & Short-Term Investments	540.85	499.66	829.05	1,380	1,038	1,451
Cash Growth	-38.97%	-39.73%	-39.92%	32.99%	-28.48%	16.84%
Accounts Receivable	200.69	342.55	272.82	132.32	249.55	27.99
Other Receivables	1,138	1,155	226.57	183.87	159.69	118.64
Receivables	1,338	1,497	499.39	316.19	409.24	146.63
Inventory	2,206	2,241	2,749	3,296	3,868	4,484
Prepaid Expenses	-	-	-	-	-	55.05
Other Current Assets	977.63	671.48	949.71	1,029	873.51	788.88
Total Current Assets	5,063	4,910	5,027	6,021	6,188	6,926
Property, Plant & Equipment	461.38	466.28	483.71	499.77	537.85	534.87
Long-Term Investments	411.22	411.09	469.75	608.03	627.31	512.37
Goodwill	-	-	-	74.87	126.08	137.1
Other Intangible Assets	0.61	0.65	0.81	3.89	4.35	1.74
Long-Term Deferred Tax Assets	4.51	4.52	5.27	6.31	10.25	11.26
Long-Term Deferred Charges	6.22	6.48	4.98	3.52	5.33	8.67
Other Long-Term Assets	2,481	2,481	2,526	2,659	2,266	1,800
Total Assets	8,429	8,280	8,517	9,876	9,765	9,932
Accounts Payable	803.55	931.64	815.22	1,139	1,284	1,764
Accrued Expenses	12.07	14.47	109.9	67.05	112.58	85.74
Short-Term Debt	2,319	2,119	2,680	2,744	2,399	1,882
Current Portion of Long-Term Debt	414.99	394.86	867.3	418.01	619.68	164.96
Current Portion of Leases	-	-	0.98	1.04	1.77	1.73
Current Income Taxes Payable	146.81	150.94	44.31	42.37	42.88	50.84
Current Unearned Revenue	579.35	549.73	781.47	1,095	1,371	1,126
Other Current Liabilities	1,257	1,215	437.91	358.61	524.03	753.35
Total Current Liabilities	5,532	5,376	5,737	5,865	6,355	5,828
Long-Term Debt	1,886	1,858	862.34	1,488	1,120	1,826
Long-Term Leases	-	-	0.48	1.49	3.16	4.86
Long-Term Deferred Tax Liabilities	455.98	455.98	461.97	469.98	340.21	331.66
Other Long-Term Liabilities	103.85	79.29	-	-	-	-
Total Liabilities	7,978	7,769	7,062	7,825	7,818	7,990
Common Stock	465.52	465.52	465.52	465.52	465.52	465.52
Retained Earnings	-1,480	-1,422	-525.25	6.19	323.46	309.4
Comprehensive Income & Other	1,077	1,077	1,077	1,077	644.59	644.59
Total Common Equity	62.73	120.65	1,017	1,549	1,434	1,420
Minority Interest	388.14	390.11	438.03	502.61	512.74	521.91
Shareholders' Equity	450.87	510.77	1,455	2,051	1,946	1,941
Total Liabilities & Equity	8,429	8,280	8,517	9,876	9,765	9,932
Total Debt	4,619	4,372	4,411	4,653	4,144	3,879
Net Cash (Debt)	-4,078	-3,872	-3,582	-3,273	-3,106	-2,428
Net Cash Per Share	-8.76	-8.32	-7.69	-7.03	-6.66	-5.21
Filing Date Shares Outstanding	465.61	465.29	465.52	465.52	465.52	465.52
Total Common Shares Outstanding	465.61	465.29	465.52	465.52	465.52	465.52
Working Capital	-468.98	-466.06	-710.33	155.97	-166.83	1,098
Book Value Per Share	0.13	0.26	2.18	3.33	3.08	3.05
Tangible Book Value	62.12	120	1,016	1,470	1,303	1,281
Tangible Book Value Per Share	0.13	0.26	2.18	3.16	2.80	2.75
Buildings	-	-	602	602	663.71	632.04
Machinery	-	-	42.33	40.33	39.9	40.57
Construction In Progress	-	-	1.09	0.59	0.35	8.04