Stanley Agriculture Group 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	1,375	1,209	2,590	3,995	1,612	1,447
Short-Term Investments	375.81	267.24	1,094	150.04	-	-
Trading Asset Securities	2,298	1,363	640.94	36.18	1,394	1,489
Cash & Short-Term Investments	4,048	2,840	4,325	4,181	3,007	2,936
Cash Growth	38.57%	-34.34%	3.45%	39.06%	2.40%	49.33%
Accounts Receivable	45.26	18.91	5.41	10.33	32.63	15.83
Other Receivables	29.09	10.79	16.98	7.6	44.24	19.07
Receivables	74.34	29.71	22.38	19.24	76.86	34.9
Inventory	2,081	2,020	1,553	1,242	1,412	878.91
Other Current Assets	717.46	669.89	404.35	507.29	322.32	363.66
Total Current Assets	6,921	5,560	6,305	5,950	4,817	4,213
Property, Plant & Equipment	4,816	4,812	3,785	2,443	2,273	2,241
Long-Term Investments	1,081	983.89	1,026	947.38	132.03	146.68
Goodwill	131.73	131.73	131.73	131.73	131.73	-
Other Intangible Assets	900.1	864.02	813.13	569.68	439.44	417.22
Long-Term Deferred Tax Assets	95.02	104.79	74.28	84.33	85.58	85.07
Long-Term Deferred Charges	25.23	-	-	-	-	13.33
Other Long-Term Assets	1,125	1,561	647.99	215.13	93.07	1.07
Total Assets	15,095	14,018	12,782	10,341	7,972	7,118
Accounts Payable	2,075	2,681	2,799	1,606	1,305	1,243
Accrued Expenses	177.47	215.67	212.54	177.99	140.83	149.66
Short-Term Debt	278.98	80.06	150.14	140.77	40.04	15.04
Current Income Taxes Payable	87.02	76.2	44.25	13.42	40.6	32.07
Current Unearned Revenue	2,019	1,519	1,612	1,856	827.47	553.26
Other Current Liabilities	448.46	373.85	314.95	322.58	201.95	193.44
Total Current Liabilities	5,086	4,945	5,133	4,116	2,556	2,186
Long-Term Debt	1,558	1,079	351.89	-	-	-
Long-Term Unearned Revenue	182.5	176.14	168.68	184.9	204.38	209.85
Long-Term Deferred Tax Liabilities	8.36	9.69	16.56	20.43	19.65	0.1
Total Liabilities	6,834	6,209	5,670	4,321	2,780	2,396
Common Stock	1,152	1,152	1,157	1,157	1,157	1,157
Additional Paid-In Capital	274.42	273.42	297.18	296.17	296.87	296.87
Retained Earnings	5,678	5,214	4,538	3,895	3,535	3,191
Comprehensive Income & Other	218.34	182.82	126.4	76.45	43.43	14.3
Total Common Equity	7,323	6,822	6,119	5,425	5,033	4,659
Minority Interest	937.44	986.27	993.97	594.2	160.25	62.13
Shareholders' Equity	8,260	7,809	7,113	6,019	5,193	4,721
Total Liabilities & Equity	15,095	14,018	12,782	10,341	7,972	7,118
Total Debt	1,837	1,159	502.02	140.77	40.04	15.04
Net Cash (Debt)	2,212	1,682	3,823	4,040	2,966	2,921
Net Cash Growth	1.12%	-56.02%	-5.37%	36.19%	1.56%	74.27%
Net Cash Per Share	1.93	1.47	3.33	3.48	2.58	2.54
Filing Date Shares Outstanding	1,152	1,152	1,157	1,157	1,157	1,157
Total Common Shares Outstanding	1,152	1,152	1,157	1,157	1,157	1,157
Working Capital	1,835	614.73	1,172	1,833	2,262	2,027
Book Value Per Share	6.36	5.92	5.29	4.69	4.35	4.03
Tangible Book Value	6,291	5,827	5,174	4,723	4,461	4,242
Tangible Book Value Per Share	5.46	5.06	4.47	4.08	3.86	3.67
Buildings	-	3,493	2,530	2,449	2,422	2,356
Machinery	-	2,492	1,187	1,068	1,025	913.09
Construction In Progress	-	645.51	1,627	319.97	34.91	25.69

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