Sieyuan Electric Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	3,677	4,930	4,028	3,328	2,462	1,878
Trading Asset Securities	4,209	2,841	2,651	1,612	1,155	161.17
Cash & Short-Term Investments	7,886	7,771	6,679	4,940	3,617	2,039
Cash Growth	40.63%	16.35%	35.21%	36.58%	77.39%	-12.88%
Accounts Receivable	11,292	10,826	7,725	6,278	5,327	4,333
Other Receivables	273.69	90.61	88.62	34.07	28.19	6.03
Receivables	11,566	11,033	7,951	6,434	5,468	4,439
Inventory	5,999	4,079	3,477	2,861	2,459	2,607
Prepaid Expenses	-	-	-	-	-	10.77
Other Current Assets	1,483	1,224	804.25	521.3	530.36	403.59
Total Current Assets	26,934	24,107	18,911	14,756	12,074	9,499
Property, Plant & Equipment	3,726	3,401	2,711	1,715	1,397	1,082
Long-Term Investments	434.01	487.6	145.04	353.49	1,420	2,696
Goodwill	541	541	541	648.48	51.31	51.31
Other Intangible Assets	632.59	558.5	572.25	482.34	393.77	289.4
Long-Term Deferred Tax Assets	651.92	573.9	424	302.33	245.71	189.5
Long-Term Deferred Charges	69.64	76.72	51.13	45.18	19.88	10.97
Other Long-Term Assets	121.15	94.66	117.87	430.43	113.5	95.78
Total Assets	33,110	29,840	23,474	18,733	15,715	13,914

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	9,252	8,153	6,485	4,967	4,055	3,329
Accrued Expenses	735.34	1,132	780.49	573.48	439.82	456.89
Short-Term Debt	604.42	360.11	148.55	81.82	109.29	43.33
Current Portion of Long-Term Debt	31.45	0.05	1	20	-	-
Current Portion of Leases	21.42	19.95	13.12	12.17	13.48	12.08
Current Income Taxes Payable	157	196.26	209.49	119.33	98.74	34.58
Current Unearned Revenue	3,829	2,977	2,370	1,483	775.2	712.58
Other Current Liabilities	1,339	965.09	610.44	593.54	524.95	421.23
Total Current Liabilities	15,969	13,803	10,618	7,851	6,016	5,010
Long-Term Debt	139.65	60.27	28	30	-	-
Long-Term Leases	58.06	56.2	16.42	12.75	13.78	15.52
Long-Term Unearned Revenue	65.05	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	70.92	72.51	71.1	65.76	56.36	50.4
Total Liabilities	16,303	14,039	10,818	8,067	6,279	5,316

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	782.57	782.06	777.64	773.91	769.93	766.04
Additional Paid-In Capital	802.9	748.27	408.38	159.22	277.33	203.75
Retained Earnings	14,883	13,967	11,206	9,387	7,637	6,150
Comprehensive Income & Other	-14.49	-3.74	-12.07	64.45	486.5	1,251
Total Common Equity	16,454	15,493	12,380	10,384	9,171	8,370
Minority Interest	353.18	307.51	275.79	281.67	264.96	227.71
Shareholders' Equity	16,807	15,801	12,655	10,666	9,436	8,598
Total Liabilities & Equity	33,110	29,840	23,474	18,733	15,715	13,914

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	854.99	496.58	207.1	156.74	136.56	70.93
Net Cash (Debt)	7,031	7,275	6,472	4,783	3,480	1,968
Net Cash Growth	32.94%	12.40%	35.31%	37.44%	76.85%	-13.97%
Net Cash Per Share	8.88	9.26	8.34	6.20	4.53	2.58
Filing Date Shares Outstanding	782.57	782.45	777.64	773.91	769.93	766.04
Total Common Shares Outstanding	782.57	782.06	777.64	773.91	769.93	766.04
Working Capital	10,965	10,303	8,293	6,906	6,057	4,489
Book Value Per Share	21.03	19.81	15.92	13.42	11.91	10.93
Tangible Book Value	15,280	14,394	11,266	9,253	8,725	8,030
Tangible Book Value Per Share	19.53	18.40	14.49	11.96	11.33	10.48
Buildings	2,515	2,193	1,886	1,177	988.11	649.18
Machinery	2,321	2,093	1,651	1,404	1,106	914.49
Construction In Progress	316.38	419.81	312.33	106.38	151.47	309.34