Guangdong Shirongzhaoye 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	905.64	1,019	349.61	940.74	1,294	1,786
Trading Asset Securities	-	-	-	60	-	370
Cash & Short-Term Investments	905.64	1,019	349.61	1,001	1,294	2,156
Cash Growth	178.38%	191.42%	-65.06%	-22.66%	-40.00%	3.18%
Accounts Receivable	376.27	371.31	481.14	467.23	380.8	28.6
Other Receivables	24.37	23	100.93	93.43	106.73	80.3
Receivables	400.64	394.31	582.07	607.24	741.39	426.22
Inventory	2,432	2,460	3,246	3,001	3,046	3,181
Prepaid Expenses	-	-	46.89	18.82	-	33.73
Other Current Assets	136.88	119.45	144.46	80.05	175.12	114.63
Total Current Assets	3,875	3,992	4,369	4,708	5,257	5,912
Property, Plant & Equipment	714.65	675.45	522.21	1,078	696.28	474.04
Long-Term Investments	224.13	205.07	111.1	89.59	89.05	25.11
Goodwill	7.26	7.26	7.26	7.26	7.26	7.26
Other Intangible Assets	19.63	19.88	19.63	1.31	1.61	2.35
Long-Term Accounts Receivable	-	-	305.33	147.56	-	-
Long-Term Deferred Tax Assets	404.66	403.33	409.33	377.81	350.87	313.34
Long-Term Deferred Charges	5.4	4.84	6.57	3.39	0.12	0.14
Other Long-Term Assets	2,215	2,218	1,522	196.34	179.04	185.3
Total Assets	7,466	7,525	7,272	6,609	6,581	6,919
Accounts Payable	527.74	642.72	619.82	396.51	285.03	392.98
Accrued Expenses	28.57	36.43	597.85	1,045	999.56	1,031
Short-Term Debt	186.69	188.76	184.75	-	-	-
Current Portion of Long-Term Debt	100.7	117.38	-	-	-	284
Current Portion of Leases	-	-	4.25	3.26	5.78	0.98
Current Income Taxes Payable	16.59	23.77	33.38	47.45	56.1	181.36
Current Unearned Revenue	108.95	87.34	352.99	42.52	364.17	138.65
Other Current Liabilities	281.03	297.16	226.3	209.95	224.81	205.01
Total Current Liabilities	1,250	1,394	2,019	1,745	1,935	2,234
Long-Term Debt	1,162	1,105	360	-	-	-
Long-Term Leases	15.83	15.83	18.98	6.1	9.36	8.21
Long-Term Unearned Revenue	7.68	7.72	7.88	-	-	-
Long-Term Deferred Tax Liabilities	5.83	5.69	5.96	2.95	7.09	0.86
Total Liabilities	2,441	2,527	2,412	1,754	1,952	2,243
Common Stock	809.1	809.1	809.1	809.1	809.1	809.1
Additional Paid-In Capital	135.16	135.16	135.16	135.16	135.16	135.16
Retained Earnings	3,989	3,969	3,840	3,843	3,640	3,741
Total Common Equity	4,934	4,913	4,784	4,787	4,584	4,685
Minority Interest	90.41	84.85	76.42	68.38	44.81	-8.69
Shareholders' Equity	5,024	4,998	4,860	4,855	4,629	4,677
Total Liabilities & Equity	7,466	7,525	7,272	6,609	6,581	6,919
Total Debt	1,465	1,427	567.98	9.36	15.14	293.19
Net Cash (Debt)	-559.39	-407.84	-218.37	991.38	1,279	1,863
Net Cash Growth	-	-	-	-22.47%	-31.37%	3.75%
Net Cash Per Share	-0.69	-0.50	-0.27	1.23	1.58	2.30
Filing Date Shares Outstanding	807.93	808.38	809.1	809.1	809.1	809.1
Total Common Shares Outstanding	807.93	808.38	809.1	809.1	809.1	809.1
Working Capital	2,625	2,599	2,350	2,963	3,321	3,678
Book Value Per Share	6.11	6.08	5.91	5.92	5.67	5.79
Tangible Book Value	4,907	4,886	4,757	4,778	4,575	4,676
Tangible Book Value Per Share	6.07	6.04	5.88	5.91	5.65	5.78
Buildings	-	-	139.84	141.7	146.76	120.48
Machinery	-	-	80.78	76.87	62.45	22.79
Construction In Progress	-	-	346.31	907.33	519.68	362.62

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.