Sangfor Technologies 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	540.91	525.28	737.2	1,406	579.01	589.08
Short-Term Investments	-	2,772	2,544	1,684	1,872	1,821
Trading Asset Securities	876.2	2,116	2,013	1,496	1,475	1,898
Cash & Short-Term Investments	1,417	5,414	5,294	4,585	3,926	4,308
Cash Growth	-2.21%	2.26%	15.46%	16.80%	-8.88%	118.52%
Accounts Receivable	582.74	825.93	903.38	821.26	564.09	499.96
Other Receivables	21.33	180.3	239.58	194.67	301.12	173.34
Receivables	604.07	1,074	1,219	1,100	930.9	701.89
Inventory	509.03	340.34	382.85	273.55	350.31	179.96
Other Current Assets	5,099	76.32	56.28	50.57	59	56.87
Total Current Assets	7,629	6,904	6,953	6,009	5,266	5,247
Property, Plant & Equipment	1,164	1,228	944.21	859.5	699.52	330.77
Long-Term Investments	885.8	6,458	6,483	4,687	4,298	3,367
Other Intangible Assets	260.94	266.71	271.24	274.6	282.83	293.02
Long-Term Deferred Tax Assets	100.38	22.89	38.39	55.69	91.67	119.79
Long-Term Deferred Charges	14.9	22.81	45.83	55.09	39.04	34.61
Other Long-Term Assets	4,826	198.81	138.52	104.86	107.89	102.1
Total Assets	14,882	15,222	15,029	12,183	10,950	9,656
Accounts Payable	762.07	907.12	975.33	741.31	407.59	439.05
Accrued Expenses	444.61	1,014	786.33	562.96	793.07	720.92
Short-Term Debt	59.8	200.14	825.53	790.83	27.31	321.61
Current Portion of Long-Term Debt	50.74	2.02	1.52	-	-	-
Current Portion of Leases	-	45.13	51.01	52.35	72.89	-
Current Income Taxes Payable	157.59	2.43	0.78	1.95	0.56	2.71
Current Unearned Revenue	1,716	1,621	1,347	1,178	1,157	721.44
Other Current Liabilities	692.5	436.19	482.02	580.39	699.56	720.18
Total Current Liabilities	3,884	4,228	4,469	3,908	3,158	2,926
Long-Term Debt	1,183	1,155	1,118	-	-	10
Long-Term Leases	41.86	49.17	87.36	100.39	139.32	-
Long-Term Unearned Revenue	564.54	621.2	545.11	451.43	345.71	203.63
Long-Term Deferred Tax Liabilities	0.7	0.84	2.18	2.82	2.58	3.84
Other Long-Term Liabilities	-	-	-	-	-	1.5
Total Liabilities	5,674	6,054	6,221	4,463	3,646	3,145
Common Stock	421.88	421.86	419.79	415.62	415.71	413.82
Additional Paid-In Capital	5,572	5,395	5,184	4,526	4,223	3,725
Retained Earnings	3,351	3,392	3,129	2,931	2,766	2,576
Treasury Stock	-350.94	-330.99	-131.01	-131.2	-83.41	-213.09
Comprehensive Income & Other	213.76	290.4	203.12	-21.44	-16.34	9.23
Total Common Equity	9,208	9,168	8,805	7,720	7,305	6,511
Minority Interest	-	-	2.33	-	-	-
Shareholders' Equity	9,208	9,168	8,808	7,720	7,305	6,511
Total Liabilities & Equity	14,882	15,222	15,029	12,183	10,950	9,656
Total Debt	1,335	1,452	2,083	943.58	239.52	331.61
Net Cash (Debt)	81.63	3,962	3,211	3,641	3,686	3,977
Net Cash Growth	-	23.38%	-11.82%	-1.21%	-7.31%	101.70%
Net Cash Per Share	0.19	9.46	7.63	8.81	8.92	9.78
Filing Date Shares Outstanding	416.74	416.73	417.41	415.73	415.71	413.81
Total Common Shares Outstanding	416.74	416.73	417.41	415.73	415.71	413.82
Working Capital	3,746	2,676	2,484	2,101	2,108	2,321
Book Value Per Share	22.10	22.00	21.10	18.57	17.57	15.73
Tangible Book Value	8,947	8,901	8,534	7,446	7,022	6,218
Tangible Book Value Per Share	21.47	21.36	20.45	17.91	16.89	15.03
Buildings	-	585.28	74.29	74.29	74.29	74.46
Machinery	-	1,060	886.21	878.89	738.34	549.66
Construction In Progress	-	292.41	491.94	324.73	137.47	49.7

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