Sangfor Technologies 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	Jan '22 Jan 1, 2022
Cash & Equivalents	535.17	525.28	737.2	1,406	579.01
Short-Term Investments	4,794	2,772	2,544	1,684	1,872
Trading Asset Securities	1,932	2,116	2,013	1,496	1,475
Cash & Short-Term Investments	7,262	5,414	5,294	4,585	3,926
Cash Growth	34.14%	2.26%	15.46%	16.80%	-8.88%
Accounts Receivable	783.44	825.93	903.38	821.26	564.09
Other Receivables	317.55	180.3	239.58	194.67	301.12
Receivables	1,160	1,074	1,219	1,100	930.9
Inventory	860.84	340.34	382.85	273.55	350.31
Other Current Assets	67.94	76.32	56.28	50.57	59
Total Current Assets	9,350	6,904	6,953	6,009	5,266
Property, Plant & Equipment	1,154	1,228	944.21	859.5	699.52
Long-Term Investments	5,608	6,458	6,483	4,687	4,298
Other Intangible Assets	258.85	266.71	271.24	274.6	282.83
Long-Term Deferred Tax Assets	107.92	22.89	38.39	55.69	91.67
Long-Term Deferred Charges	13.3	22.81	45.83	55.09	39.04
Other Long-Term Assets	79.53	198.81	138.52	104.86	107.89
Total Assets	16,648	15,222	15,029	12,183	10,950
Accounts Payable	1,507	907.12	975.33	741.31	407.59
Accrued Expenses	1,125	1,014	786.33	562.96	793.07
Short-Term Debt	-	200.14	825.53	790.83	27.31
Current Portion of Long-Term Debt	4.05	2.02	1.52	-	-
Current Portion of Leases	42.14	45.13	51.01	52.35	72.89
Current Income Taxes Payable	2.95	2.43	0.78	1.95	0.56
Current Unearned Revenue	1,817	1,621	1,347	1,178	1,157
Other Current Liabilities	438.3	436.19	482.02	580.39	699.56
Total Current Liabilities	4,937	4,228	4,469	3,908	3,158
Long-Term Debt	1,192	1,155	1,118	-	-
Long-Term Leases	33.65	49.17	87.36	100.39	139.32
Long-Term Unearned Revenue	788.51	621.2	545.11	451.43	345.71
Long-Term Deferred Tax Liabilities	1.03	0.84	2.18	2.82	2.58
Total Liabilities	6,952	6,054	6,221	4,463	3,646
Common Stock	420.63	421.86	419.79	415.62	415.71
Additional Paid-In Capital	5,477	5,395	5,184	4,526	4,223
Retained Earnings	3,824	3,392	3,129	2,931	2,766
Treasury Stock	-219.93	-330.99	-131.01	-131.2	-83.41
Comprehensive Income & Other	194.08	290.4	203.12	-21.44	-16.34
Total Common Equity	9,696	9,168	8,805	7,720	7,305
Minority Interest	-	-	2.33	-	-
Shareholders' Equity	9,696	9,168	8,808	7,720	7,305
Total Liabilities & Equity	16,648	15,222	15,029	12,183	10,950
Total Debt	1,272	1,452	2,083	943.58	239.52
Net Cash (Debt)	5,990	3,962	3,211	3,641	3,686
Net Cash Growth	51.20%	23.38%	-11.82%	-1.21%	-7.31%
Net Cash Per Share	13.73	9.46	7.63	8.81	8.92
Filing Date Shares Outstanding	427.67	416.73	417.41	415.73	415.71
Total Common Shares Outstanding	416.74	416.73	417.41	415.73	415.71
Working Capital	4,413	2,676	2,484	2,101	2,108
Book Value Per Share	23.27	22.00	21.10	18.57	17.57
Tangible Book Value	9,438	8,901	8,534	7,446	7,022
Tangible Book Value Per Share	22.65	21.36	20.45	17.91	16.89
Buildings	586.13	585.28	74.29	74.29	74.29
Machinery	1,049	1,060	886.21	878.89	738.34
Construction In Progress	336.86	292.41	491.94	324.73	137.47

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