Shenwu Energy Saving 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	24.08	7.64	18.47	9.72	23.76	1.86
Trading Asset Securities	-	-	-	-	6.29	-
Cash & Short-Term Investments	24.08	7.64	18.47	9.72	30.05	1.86
Cash Growth	673.42%	-58.64%	90.01%	-67.66%	1519.02%	-65.04%
Accounts Receivable	174.84	152.74	127.8	169.91	101.47	0.98
Other Receivables	7.1	11.45	10.94	13.8	21.76	7.71
Receivables	181.94	164.19	138.75	183.71	123.23	8.69
Inventory	4.54	2.89	2.82	1.17	0.83	1.2
Prepaid Expenses	-	0	-	-	-	-
Other Current Assets	211.09	40.75	13.96	7.29	9.61	0.06
Total Current Assets	421.66	215.47	173.99	201.89	163.72	11.81
Property, Plant & Equipment	1.5	1.45	0.21	0.21	0.22	0.4
Goodwill	128.01	128.01	128.01	128.01	128.01	-
Other Intangible Assets	1.73	2.08	2.46	2.93	3.32	-
Long-Term Deferred Tax Assets	29.42	26.68	18.21	19.17	20.71	-
Long-Term Deferred Charges	0.23	0.07	-	-	0.08	-
Other Long-Term Assets	-	-	-	-	-	1.22
Total Assets	582.54	373.76	322.88	352.21	316.05	13.42
Accounts Payable	96.91	79.88	88.54	92.15	64.73	408.19
Accrued Expenses	7	26.87	18.32	14.9	18.35	278.96
Short-Term Debt	35.05	17.97	62.59	74.9	70.19	957.16
Current Portion of Long-Term Debt	-	-	-	-	-	166.37
Current Portion of Leases	-	-	-	-	-	51.21
Current Income Taxes Payable	11.96	0.26	0.79	2.04	1.53	-
Current Unearned Revenue	164.35	4.29	2.91	0.21	0.17	1.07
Other Current Liabilities	30.49	13.59	15.08	44.89	24.6	131.82
Total Current Liabilities	345.75	142.87	188.23	229.1	179.58	1,995
Long-Term Deferred Tax Liabilities	0.32	0.38	0.33	0.39	0.45	-
Other Long-Term Liabilities	7.59	7.59	5.19	5.19	-	398.76
Total Liabilities	353.66	150.83	193.74	234.67	180.02	2,394
Common Stock	101.8	95.62	91.19	91.19	91.19	91.19
Additional Paid-In Capital	601.16	591.57	513.38	486.6	484.21	8.95
Retained Earnings	-554.07	-545.7	-523.58	-506.54	-490.63	-2,480
Total Common Equity	148.89	141.49	81	71.25	84.78	-2,380
Minority Interest	80	81.45	48.14	46.29	51.25	-
Shareholders' Equity	228.88	222.93	129.14	117.54	136.03	-2,380
Total Liabilities & Equity	582.54	373.76	322.88	352.21	316.05	13.42
Total Debt	35.05	17.97	62.59	74.9	70.19	1,175
Net Cash (Debt)	-10.96	-10.34	-44.13	-65.18	-40.14	-1,173
Net Cash Per Share	-0.02	-0.02	-0.07	-0.10	-0.06	-1.84
Filing Date Shares Outstanding	646.18	643.62	637.25	637.25	637.25	637.25
Total Common Shares Outstanding	646.18	643.62	637.25	637.25	637.25	637.25
Working Capital	75.91	72.61	-14.24	-27.21	-15.86	-1,983
Book Value Per Share	0.23	0.22	0.13	0.11	0.13	-3.74
Tangible Book Value	19.15	11.4	-49.47	-59.69	-46.55	-2,380
Tangible Book Value Per Share	0.03	0.02	-0.08	-0.09	-0.07	-3.74
Machinery	-	8.58	3.69	3.67	3.81	4.49

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