Sieyuan Electric 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	Dec '21 Dec 31, 2021
Cash & Equivalents	3,489	4,930	4,028	3,328	2,462	1,878
Trading Asset Securities	3,839	2,841	2,651	1,612	1,155	161.17
Cash & Short-Term Investments	7,328	7,771	6,679	4,940	3,617	2,039
Cash Growth	23.02%	16.35%	35.21%	36.58%	77.39%	-12.88%
Accounts Receivable	10,441	10,826	7,725	6,278	5,327	4,333
Other Receivables	277.87	90.9	88.62	34.07	28.19	6.03
Receivables	10,719	11,033	7,951	6,434	5,468	4,439
Inventory	5,031	4,079	3,477	2,861	2,459	2,607
Prepaid Expenses	-	-	-	-	-	10.77
Other Current Assets	1,315	1,223	804.25	521.3	530.36	403.59
Total Current Assets	24,392	24,107	18,911	14,756	12,074	9,499
Property, Plant & Equipment	3,570	3,401	2,711	1,715	1,397	1,082
Long-Term Investments	489.83	487.6	145.04	251.49	1,420	2,696
Goodwill	541	541	541	648.48	51.31	51.31
Other Intangible Assets	552.82	558.5	572.25	482.34	393.77	289.4
Long-Term Deferred Tax Assets	649.1	573.9	424	302.33	245.71	189.5
Long-Term Deferred Charges	73.08	76.72	51.13	45.18	19.88	10.97
Other Long-Term Assets	104.58	94.66	117.87	532.43	113.5	95.78
Total Assets	30,373	29,840	23,474	18,733	15,715	13,914
Accounts Payable	8,249	8,153	6,485	4,967	4,055	3,329
Accrued Expenses	398.12	1,132	780.49	573.48	439.82	456.89
Short-Term Debt	605.53	360.11	148.55	81.82	109.29	43.33
Current Portion of Long-Term Debt	17.42	0.05	1	20	-	-
Current Portion of Leases	-	19.95	13.12	12.17	13.48	12.08
Current Income Taxes Payable	211.63	196.26	209.49	119.33	98.74	34.58
Current Unearned Revenue	3,150	2,977	2,370	1,483	775.2	712.58
Other Current Liabilities	1,001	965.09	610.44	593.54	524.95	421.23
Total Current Liabilities	13,632	13,803	10,618	7,851	6,016	5,010
Long-Term Debt	124.06	60.27	28	30	-	-
Long-Term Leases	51.06	56.2	16.42	12.75	13.78	15.52
Long-Term Unearned Revenue	46.72	46.72	26.48	25.7	11.28	12.04
Long-Term Deferred Tax Liabilities	-	-	57.95	82.64	181.57	228.63
Other Long-Term Liabilities	71.73	72.51	71.1	65.76	56.36	50.4
Total Liabilities	13,926	14,039	10,818	8,067	6,279	5,316
Common Stock	782.45	782.06	777.64	773.91	769.93	766.04
Additional Paid-In Capital	830.19	748.27	408.38	159.22	277.33	203.75
Retained Earnings	14,517	13,967	11,206	9,387	7,637	6,150
Comprehensive Income & Other	-11.67	-3.74	-12.07	64.45	486.5	1,251
Total Common Equity	16,118	15,493	12,380	10,384	9,171	8,370
Minority Interest	329.35	307.51	275.79	281.67	264.96	227.71
Shareholders' Equity	16,447	15,801	12,655	10,666	9,436	8,598
Total Liabilities & Equity	30,373	29,840	23,474	18,733	15,715	13,914
Total Debt	798.06	496.58	207.1	156.74	136.56	70.93
Net Cash (Debt)	6,530	7,275	6,472	4,783	3,480	1,968
Net Cash Growth	14.16%	12.40%	35.31%	37.44%	76.85%	-13.97%
Net Cash Per Share	8.31	9.26	8.34	6.20	4.53	2.58
Filing Date Shares Outstanding	782.45	782.45	777.64	773.91	769.93	766.04
Total Common Shares Outstanding	782.45	782.06	777.64	773.91	769.93	766.04
Working Capital	10,760	10,303	8,293	6,906	6,057	4,489
Book Value Per Share	20.60	19.81	15.92	13.42	11.91	10.93
Tangible Book Value	15,024	14,394	11,266	9,253	8,725	8,030
Tangible Book Value Per Share	19.20	18.40	14.49	11.96	11.33	10.48
Buildings	-	2,193	1,886	1,177	988.11	649.18
Machinery	-	2,093	1,651	1,404	1,106	914.49
Construction In Progress	-	419.81	312.33	106.38	151.47	309.34

Source: S&P Global Market Intelligence. Standard template. Financial Sources.