Sanquan Food 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	1,758	572.53	814.7	1,517	1,115	1,046
Trading Asset Securities	984.62	1,226	1,023	1,380	905.35	849.7
Cash & Short-Term Investments	2,743	1,799	1,838	2,896	2,021	1,896
Cash Growth	98.67%	-2.11%	-36.55%	43.33%	6.60%	97.67%
Accounts Receivable	454.84	198.29	470.81	404.16	429.15	322.13
Other Receivables	50.32	45.23	55.5	54.31	60.12	85.75
Receivables	505.16	243.52	526.31	458.48	489.27	407.88
Inventory	572.3	1,070	1,107	1,217	1,270	1,200
Prepaid Expenses	-	3.06	2.42	-	-	-
Other Current Assets	91.52	84.7	87.5	94.26	133.96	107.95
Total Current Assets	3,912	3,200	3,561	4,667	3,914	3,611
Property, Plant & Equipment	1,879	1,908	1,886	2,040	1,912	1,817
Long-Term Investments	504.71	2,356	1,429	370.73	291.92	94.6
Goodwill	15.51	15.51	15.51	15.51	16.06	16.06
Other Intangible Assets	204.84	375.55	385.79	227.69	234.61	212.97
Long-Term Deferred Tax Assets	114.99	115.61	125.99	100.73	101.28	89.67
Long-Term Deferred Charges	4.13	3.6	2.28	2.82	3.19	1.25
Other Long-Term Assets	934	167.98	116.84	113.83	109.44	153.23
Total Assets	7,569	8,142	7,521	7,537	6,583	5,996
Accounts Payable	1,131	1,467	1,179	1,416	1,400	1,184
Accrued Expenses	121.72	140.22	143.43	226.4	175.22	266.45
Short-Term Debt	600.28	599.7	100.07	150.12	-	-
Current Portion of Long-Term Debt	-	-	150.08	0.09	-	-
Current Portion of Leases	-	7.85	10.29	5.18	7.16	-
Current Income Taxes Payable	150.58	85.42	190.25	191.76	167.31	167.36
Current Unearned Revenue	458.86	820.33	737.79	914.44	787.35	746.95
Other Current Liabilities	370.06	358.65	403.1	476.14	443.35	354.44
Total Current Liabilities	2,833	3,479	2,914	3,380	2,981	2,720
Long-Term Leases	10.38	13.41	25.76	22.15	26.85	-
Long-Term Unearned Revenue	98.84	103.19	109.56	107.38	105.88	109.3
Long-Term Deferred Tax Liabilities	62.46	74.56	69.81	66.75	49.96	55.21
Other Long-Term Liabilities	35.3	58.84	60.83	80.28	186.32	119.2
Total Liabilities	3,040	3,729	3,180	3,656	3,350	3,003
Common Stock	879.18	879.18	879.18	879.18	879.18	799.26
Additional Paid-In Capital	265.01	283.67	305.8	289.53	268.37	269.72
Retained Earnings	3,387	3,255	3,153	2,711	2,086	1,924
Comprehensive Income & Other	-4.24	-5.87	2.01	0.55	-	-
Total Common Equity	4,527	4,412	4,340	3,880	3,233	2,993
Minority Interest	1.52	1.34	1.24	0.61	0.1	-0.31
Shareholders' Equity	4,529	4,413	4,341	3,881	3,233	2,993
Total Liabilities & Equity	7,569	8,142	7,521	7,537	6,583	5,996
Total Debt	610.65	620.97	286.21	177.54	34.01	-
Net Cash (Debt)	2,132	1,178	1,551	2,719	1,987	1,896
Net Cash Growth	136.43%	-24.08%	-42.94%	36.85%	4.81%	113.25%
Net Cash Per Share	2.43	1.35	1.76	3.09	2.26	2.15
Filing Date Shares Outstanding	879.18	879.18	879.18	879.18	879.18	879.18
Total Common Shares Outstanding	879.18	879.18	879.18	879.18	879.18	879.18
Working Capital	1,079	-278.5	646.3	1,287	933.5	891.84
Book Value Per Share	5.15	5.02	4.94	4.41	3.68	3.40
Tangible Book Value	4,307	4,021	3,939	3,637	2,982	2,764
Tangible Book Value Per Share	4.90	4.57	4.48	4.14	3.39	3.14
Buildings	-	1,319	1,275	1,265	1,194	1,185
Machinery	-	1,373	1,412	1,368	1,581	1,496
Construction In Progress	-	223.51	214.11	313.36	110.25	132.64

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