Sanbian Sci Tech 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	276.38	256.69	238.97	168.3	169.71	77.68
Cash & Short-Term Investments	276.38	256.69	238.97	168.3	169.71	77.68
Cash Growth	74.26%	7.41%	41.99%	-0.83%	118.48%	113.19%
Accounts Receivable	1,023	983.84	950.81	821.77	633.94	578.3
Other Receivables	41.26	30.7	32.58	17.86	13.85	16.1
Receivables	1,064	1,015	983.4	839.63	647.79	594.41
Inventory	766.5	801.12	530.21	593.75	394.32	250.53
Prepaid Expenses	-	-	1.94	1.3	0.43	-
Other Current Assets	18.42	9.3	5.25	23.25	6.86	16.89
Total Current Assets	2,125	2,082	1,760	1,626	1,219	939.51
Property, Plant & Equipment	240.86	241.42	204.6	189.14	189.17	175.26
Long-Term Investments	28.82	29.06	23.44	75.88	77.64	80.92
Other Intangible Assets	32.61	32.79	33.88	34.96	36.04	37.13
Long-Term Accounts Receivable	-	-	100.76	120.27	64.85	23.03
Long-Term Deferred Tax Assets	30.17	29.64	28.45	-	-	-
Long-Term Deferred Charges	-	-	0.14	0.51	0.89	1.26
Other Long-Term Assets	51.41	72.65	1.59	0.01	0.7	2.49
Total Assets	2,509	2,487	2,153	2,047	1,588	1,260
Accounts Payable	642.24	540.43	472.4	431.71	374.25	177.79
Accrued Expenses	15.08	19.87	65.87	69.76	63.03	62.51
Short-Term Debt	367.66	358.89	535.35	688.35	585.15	515.29
Current Portion of Long-Term Debt	157.47	187.48	45.79	43.16	0.53	-
Current Portion of Leases	-	-	0.32	0.26	-	-
Current Income Taxes Payable	7.67	4.12	4.06	-	-	-
Current Unearned Revenue	168.56	243.93	109.48	113.36	34.69	34.28
Other Current Liabilities	142.33	144.26	22.13	23.93	11.15	8.25
Total Current Liabilities	1,501	1,499	1,255	1,371	1,069	798.12
Long-Term Debt	73.54	75.54	196.24	90.82	22.8	-
Long-Term Leases	20.02	19.86	1.05	0.84	-	-
Long-Term Unearned Revenue	49.13	48.46	43.58	44.83	44.31	44.37
Total Liabilities	1,644	1,643	1,496	1,507	1,136	842.49
Common Stock	294.13	294.13	262.08	262.08	262.08	201.6
Additional Paid-In Capital	184.42	184.42	23.77	23.77	23.77	84.25
Retained Earnings	416.56	395.49	399.9	286.99	197.6	158.95
Comprehensive Income & Other	-29.83	-29.68	-29.41	-32.85	-30.96	-27.71
Shareholders' Equity	865.28	844.37	656.34	539.99	452.5	417.1
Total Liabilities & Equity	2,509	2,487	2,153	2,047	1,588	1,260
Total Debt	618.69	641.77	778.75	823.42	608.49	515.29
Net Cash (Debt)	-342.31	-385.08	-539.78	-655.12	-438.77	-437.61
Net Cash Per Share	-1.19	-1.38	-2.06	-2.49	-1.64	-1.63
Filing Date Shares Outstanding	300.97	311.7	262.08	262.08	262.08	262.08
Total Common Shares Outstanding	300.97	311.7	262.08	262.08	262.08	262.08
Working Capital	624.11	582.66	504.36	255.7	150.31	141.39
Book Value Per Share	2.87	2.71	2.50	2.06	1.73	1.59
Tangible Book Value	832.67	811.57	622.46	505.03	416.45	379.97
Tangible Book Value Per Share	2.77	2.60	2.38	1.93	1.59	1.45
Buildings	-	-	200.97	200.96	200.96	200.96
Machinery	-	-	242.72	214.75	211.18	179.74
Construction In Progress	-	-	-	-	-	8.49

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