Sunrise Group Company Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	749.67	1,029	1,628	811.52	753.78
Short-Term Investments	-	-	32.51	-	-
Trading Asset Securities	-	-	-	0.2	160.83
Cash & Short-Term Investments	749.67	1,029	1,660	811.72	914.61
Cash Growth	-27.12%	-38.04%	104.52%	-11.25%	133.90%
Accounts Receivable	1,877	1,981	1,861	1,984	1,557
Other Receivables	10.79	21.39	11.82	50.23	164.56
Receivables	1,888	2,003	1,873	2,034	1,722
Inventory	1,028	841.54	830.93	946.88	1,049
Prepaid Expenses	0.03	0.19	0.12	0.03	-
Other Current Assets	322.52	248.15	275.88	217.8	407
Total Current Assets	3,987	4,121	4,640	4,011	4,092
Property, Plant & Equipment	3,077	3,193	3,261	3,315	2,707
Long-Term Investments	48.81	39.76	39.18	28.87	23.76
Goodwill	71.38	71.38	88.6	146.57	146.57
Other Intangible Assets	352.46	363.62	374.54	366.49	332.71
Long-Term Deferred Tax Assets	80.71	81.04	96.1	78.5	57.46
Long-Term Deferred Charges	51.05	24.47	31.32	32.04	30.81
Other Long-Term Assets	98.03	44.42	60.59	148.76	369.06
Total Assets	7,767	7,938	8,592	8,127	7,759
Accounts Payable	2,352	2,263	2,587	2,364	2,315
Accrued Expenses	122.43	130.1	120.66	135.09	77.51
Short-Term Debt	851.29	1,218	1,899	1,348	1,066
Current Portion of Long-Term Debt	116.13	212.25	138.36	145.45	217.78
Current Portion of Leases	28.9	17.4	47.19	75.44	101.23
Current Income Taxes Payable	21.06	36.73	50.59	29.8	27.77
Current Unearned Revenue	53.07	35.49	43.96	52.12	108.64
Other Current Liabilities	75.77	67.79	22.92	24.35	92.5
Total Current Liabilities	3,620	3,981	4,910	4,175	4,006
Long-Term Debt	373.39	286.69	369.98	612.97	420.8
Long-Term Leases	39.39	68.17	81.33	108.76	126.45
Long-Term Unearned Revenue	84.47	71.88	56.6	56.57	51.08
Long-Term Deferred Tax Liabilities	52.16	43.93	29.76	30.91	21.88
Other Long-Term Liabilities	29.86	-	-	-	-
Total Liabilities	4,200	4,452	5,447	4,984	4,627
Common Stock	976.92	976.92	976.92	976.92	976.92
Additional Paid-In Capital	797.16	859.1	864.75	1,160	1,304
Retained Earnings	1,770	1,561	1,235	950.84	810.55
Comprehensive Income & Other	4.87	19.6	8.55	2.52	-15.22
Total Common Equity	3,549	3,416	3,085	3,090	3,076
Minority Interest	17.95	70.61	59.11	52.95	56.46
Shareholders' Equity	3,567	3,487	3,144	3,143	3,133
Total Liabilities & Equity	7,767	7,938	8,592	8,127	7,759
Total Debt	1,409	1,803	2,536	2,291	1,933
Net Cash (Debt)	-659.44	-774.37	-876.19	-1,479	-1,018
Net Cash Per Share	-0.67	-0.79	-0.89	-1.49	-1.08
Filing Date Shares Outstanding	976.92	976.92	976.92	976.92	976.92
Total Common Shares Outstanding	976.92	976.92	976.92	976.92	976.92
Working Capital	366.99	140.16	-269.68	-163.86	85.39
Book Value Per Share	3.63	3.50	3.16	3.16	3.15
Tangible Book Value	3,125	2,981	2,622	2,577	2,597
Tangible Book Value Per Share	3.20	3.05	2.68	2.64	2.66
Land	-	-	-	23.32	21.35
Buildings	1,348	1,381	1,305	1,227	948.1
Machinery	4,658	4,446	4,241	4,157	3,369
Construction In Progress	132.02	207.52	216.69	360.06	246.82

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