Sunshine Global Circuits Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	247.17	242.63	252.44	229.69	369.9	266.35
Short-Term Investments	-	-	-	110.51	-	-
Trading Asset Securities	382.79	539.34	649.19	724.7	532.37	722.12
Cash & Short-Term Investments	629.97	781.96	901.63	1,065	902.27	988.46
Cash Growth	-29.52%	-13.27%	-15.33%	18.02%	-8.72%	-29.33%
Accounts Receivable	445.55	400.36	307.34	317.03	325.51	416.93
Other Receivables	17.1	18.53	41.18	41.15	19.75	53.98
Receivables	462.66	418.9	348.52	358.17	345.26	470.91
Inventory	397.68	352.52	233.63	209.94	250.25	347.53
Other Current Assets	52.43	84.69	20.66	12.52	18.8	19.88
Total Current Assets	1,543	1,638	1,504	1,646	1,517	1,827
Property, Plant & Equipment	1,761	1,729	1,639	1,574	1,331	1,211
Long-Term Investments	33.9	35.59	76.07	54.85	30.05	4.01
Goodwill	1.99	1.99	1.99	4.29	-	-
Other Intangible Assets	102.1	100.73	100.82	100.07	90.07	82.54
Long-Term Deferred Tax Assets	36.82	36.81	38.02	33.35	31.98	23.78
Long-Term Deferred Charges	26.78	28.81	16.41	16.76	24.09	23.32
Other Long-Term Assets	207.82	94.56	79.15	51.36	58.92	72
Total Assets	3,713	3,665	3,456	3,481	3,083	3,243
Accounts Payable	671.2	652.81	549.94	504.03	526.2	767.1
Accrued Expenses	53.3	58.95	56.23	67.1	77.46	72.32
Short-Term Debt	0.01	0.01	-	-	54.24	158.99
Current Portion of Long-Term Debt	8.29	8.97	-	-	-	-
Current Portion of Leases	-	-	11.56	9.43	10.66	8.83
Current Income Taxes Payable	16.62	15.53	4.45	8.35	3.28	5.04
Current Unearned Revenue	8.95	4.86	4.87	2.37	3.72	6.08
Other Current Liabilities	75.84	56.2	11.62	18.62	35.22	12.94
Total Current Liabilities	834.22	797.33	638.67	609.89	710.77	1,031
Long-Term Debt	-	-	309.74	832.23	385.1	372.79
Long-Term Leases	12.4	12.99	21.02	29.33	8.99	17.35
Long-Term Unearned Revenue	44.86	44.78	32.38	36.58	42.72	32.56
Long-Term Deferred Tax Liabilities	44.14	45.84	49.82	59.92	68.11	48.36
Total Liabilities	935.63	900.95	1,052	1,568	1,216	1,502
Common Stock	373.46	373.46	343.95	298.77	298.8	294.76
Additional Paid-In Capital	1,896	1,893	1,555	1,026	1,015	987.39
Retained Earnings	531.61	516.98	478.61	526.71	528.59	425.92
Treasury Stock	-35.99	-35.99	-6.97	-16.23	-32.97	-11
Comprehensive Income & Other	7.61	13.92	31.94	74.43	57.26	45.27
Total Common Equity	2,773	2,761	2,402	1,909	1,867	1,742
Minority Interest	5.05	3.17	1.95	3.32	-	-1.63
Shareholders' Equity	2,778	2,764	2,404	1,913	1,867	1,741
Total Liabilities & Equity	3,713	3,665	3,456	3,481	3,083	3,243
Total Debt	20.71	21.97	342.32	870.99	458.99	557.95
Net Cash (Debt)	609.26	759.99	559.31	193.91	443.28	430.51
Net Cash Growth	10.55%	35.88%	188.43%	-56.26%	2.96%	-35.72%
Net Cash Per Share	1.81	2.20	1.97	0.64	1.48	1.49
Filing Date Shares Outstanding	365.81	366.62	343.95	298.77	298.8	294.76
Total Common Shares Outstanding	365.81	366.62	343.95	298.77	298.8	294.76
Working Capital	708.51	840.74	865.78	1,036	805.8	795.48
Book Value Per Share	7.58	7.53	6.98	6.39	6.25	5.91
Tangible Book Value	2,669	2,658	2,300	1,805	1,777	1,660
Tangible Book Value Per Share	7.29	7.25	6.69	6.04	5.95	5.63
Buildings	-	-	423.19	422.17	421.3	425.12
Machinery	-	-	1,407	1,227	1,195	983.03
Construction In Progress	-	-	461.85	455.57	157.35	146.42

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