Guangzhou Sie Consulting Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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	565.99	537.89	519.52	771.42	1,004	1,162
Trading Asset Securities	9.97	12.53	5	58.23	62.07	-
Cash & Short-Term Investments	575.96	550.42	524.52	829.65	1,067	1,162
Cash Growth	57.92%	4.94%	-36.78%	-22.21%	-8.20%	89.31%
Accounts Receivable	1,177	1,131	1,215	981.14	854.27	659.91
Other Receivables	111.07	41.31	143.35	37.78	24.65	21.5
Receivables	1,288	1,172	1,359	1,019	878.92	681.41
Inventory	368.77	218.26	161.16	149.73	118.74	123.83
Other Current Assets	1,801	69.18	50.28	59.39	49.88	31.59
Total Current Assets	4,033	2,010	2,095	2,058	2,114	1,999
Property, Plant & Equipment	2,768	504.71	439.68	377.52	410.81	248.81
Long-Term Investments	716.86	585.47	547.63	480.58	387.89	320.97
Goodwill	277.86	273.5	306.65	306.65	172.89	132.54
Other Intangible Assets	647.31	619.54	582.61	427.15	304.32	186.99
Long-Term Accounts Receivable	-	12.78	5.55	1.4	0.19	1.84
Long-Term Deferred Tax Assets	115.2	111.62	80.03	67.31	52.02	21.94
Long-Term Deferred Charges	6.71	9.55	13.08	9.56	6.34	1.27
Other Long-Term Assets	44.87	19.47	17.16	19.23	-	93.01
Total Assets	8,609	4,147	4,087	3,747	3,449	3,006

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Accounts Payable	151.93	127.65	128.9	75.67	73.38	45.35
Accrued Expenses	142.48	252.27	291.48	254.31	268.99	219.11
Short-Term Debt	2,524	320.12	215.04	116.11	130.12	30.1
Current Portion of Long-Term Debt	510.79	56.74	61.8	52.11	41.81	33.95
Current Portion of Leases	-	13.69	16.62	12.35	15.22	8.65
Current Income Taxes Payable	89.26	8.83	13.92	11.55	13.78	26.39
Current Unearned Revenue	101.47	102.29	52.55	72.84	43.25	73.33
Other Current Liabilities	27.3	45.07	126.04	93.01	41.15	18.12
Total Current Liabilities	3,547	926.65	906.33	687.95	627.71	455
Long-Term Debt	387.18	294.36	243.66	170.31	175.72	144.82
Long-Term Leases	1,628	13.75	27.49	25.2	25.69	3.45
Long-Term Unearned Revenue	99.86	74.51	43.11	23.22	23.76	38.25
Long-Term Deferred Tax Liabilities	0.05	0.25	0.52	0.79	1.07	1.34
Other Long-Term Liabilities	-	-	-	4	4	-
Total Liabilities	5,662	1,310	1,221	911.47	857.95	642.87

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Common Stock	408.41	408.41	410.12	410.12	403.78	398.4
Additional Paid-In Capital	1,234	1,215	1,257	1,270	1,196	1,133
Retained Earnings	1,137	1,015	1,150	1,057	853.28	648.83
Treasury Stock	-30	-	-119.91	-56.79	-50.19	-
Comprehensive Income & Other	10.54	11.73	-27.57	-25.47	10.82	1.74
Total Common Equity	2,760	2,650	2,670	2,655	2,414	2,181
Minority Interest	186.85	187.56	196.43	180.27	176.86	181.67
Shareholders' Equity	2,947	2,837	2,866	2,836	2,591	2,363
Total Liabilities & Equity	8,609	4,147	4,087	3,747	3,449	3,006

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Total Debt	5,050	698.67	564.6	376.08	388.57	220.97
Net Cash (Debt)	-4,474	-148.26	-40.08	453.57	677.95	940.85
Net Cash Growth	-	-	-	-33.10%	-27.94%	409.85%
Net Cash Per Share	-10.85	-0.36	-0.10	1.11	1.68	2.33
Filing Date Shares Outstanding	408.78	408.41	403.77	407.94	401.59	398.4
Total Common Shares Outstanding	408.78	408.41	403.77	407.94	401.59	398.4
Working Capital	486.16	1,084	1,188	1,370	1,486	1,544
Book Value Per Share	6.75	6.49	6.61	6.51	6.01	5.48
Tangible Book Value	1,835	1,757	1,780	1,922	1,936	1,862
Tangible Book Value Per Share	4.49	4.30	4.41	4.71	4.82	4.67
Buildings	-	284.84	296.88	295.56	258.9	230.6
Machinery	-	54.17	50.1	45.98	39.08	28.82
Construction In Progress	-	239.73	131.82	63.69	114.65	-