Sineng Electric 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	Jan '22 Jan 1, 2022
Cash & Equivalents	2,395	3,976	2,424	2,028	1,483	786.24
Trading Asset Securities	669.79	-	2.15	30.22	105	14
Cash & Short-Term Investments	3,065	3,976	2,426	2,058	1,588	800.24
Cash Growth	52.54%	63.92%	17.88%	29.63%	98.38%	-4.35%
Accounts Receivable	3,312	3,133	2,574	2,410	1,121	679.1
Other Receivables	246.18	75.85	100.18	189.49	38.23	24.94
Receivables	3,558	3,209	2,674	2,600	1,159	704.05
Inventory	1,958	1,687	1,458	1,332	1,337	697.78
Prepaid Expenses	-	50.4	37.39	-	0.41	48.02
Other Current Assets	409.62	264.5	210.04	140.97	58.84	20.87
Total Current Assets	8,990	9,187	6,805	6,131	4,143	2,271
Property, Plant & Equipment	1,263	1,197	555.42	357.23	277.26	212.56
Long-Term Investments	2	2	2	2	2	-
Other Intangible Assets	184.38	179.79	181.75	130.98	19.29	21.47
Long-Term Deferred Tax Assets	119.76	122.32	72.72	54.19	33.93	30.58
Long-Term Deferred Charges	50.91	47.24	73.9	55.05	23.88	5.06
Other Long-Term Assets	366.72	372.41	409.46	210.24	115.68	156.44
Total Assets	10,977	11,108	8,100	6,941	4,615	2,697
Accounts Payable	4,076	4,247	3,858	3,762	2,368	1,558
Accrued Expenses	23.51	123.18	95.19	76.93	51.56	21.1
Short-Term Debt	1,555	1,810	1,532	733.95	295.59	157.72
Current Portion of Long-Term Debt	61.86	47.54	84.14	140.82	4.27	-
Current Portion of Leases	-	16.07	12.2	6.64	5.53	3.55
Current Income Taxes Payable	39.8	33.94	33.95	20.97	2.95	8.63
Current Unearned Revenue	145.24	68.22	74.34	79.94	263.45	27.41
Other Current Liabilities	260.76	100.38	116.34	157.45	75.76	11.71
Total Current Liabilities	6,163	6,446	5,806	4,978	3,067	1,788
Long-Term Debt	90	90	83.7	152.5	485.98	-
Long-Term Leases	139.1	137.41	14.14	23.71	16.66	5.74
Long-Term Unearned Revenue	13.52	13.82	14.4	13.47	11.87	1.27
Long-Term Deferred Tax Liabilities	41.93	42.63	4.91	6.13	0.76	0.35
Other Long-Term Liabilities	226.66	172.89	10.2	3.44	4.72	12.83
Total Liabilities	6,674	6,903	5,933	5,178	3,587	1,809
Common Stock	556.69	556.69	359.56	358.04	237.61	132
Additional Paid-In Capital	2,242	2,242	760.71	709.62	311.14	395.74
Retained Earnings	1,592	1,495	1,075	691.79	429.61	361.25
Treasury Stock	-79.99	-79.99	-29.99	-	-	-
Comprehensive Income & Other	-9.2	-9.3	-2.58	-3.01	49.7	-0.54
Total Common Equity	4,302	4,204	2,162	1,756	1,028	888.45
Minority Interest	1.72	1.74	4.57	6.49	-	-
Shareholders' Equity	4,303	4,205	2,167	1,763	1,028	888.45
Total Liabilities & Equity	10,977	11,108	8,100	6,941	4,615	2,697
Total Debt	1,846	2,101	1,726	1,058	808.03	167.01
Net Cash (Debt)	1,219	1,875	699.68	1,000	779.49	633.23
Net Cash Growth	1819.42%	168.04%	-30.05%	28.32%	23.10%	-7.07%
Net Cash Per Share	2.39	3.73	1.40	2.02	1.64	1.34
Filing Date Shares Outstanding	543.28	553.96	502.03	501.25	475.49	475.47
Total Common Shares Outstanding	543.28	553.96	502.03	501.25	475.49	475.47
Working Capital	2,828	2,742	999.11	1,152	1,076	482.52
Book Value Per Share	7.92	7.59	4.31	3.50	2.16	1.87
Tangible Book Value	4,117	4,024	1,981	1,625	1,009	866.98
Tangible Book Value Per Share	7.58	7.26	3.95	3.24	2.12	1.82
Buildings	-	295.37	123.41	122.67	122.03	108.65
Machinery	-	410.34	336.94	262.4	181.65	123.38
Construction In Progress	-	484.89	190.91	18.47	-	0.41

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