Shenglan Technology 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	601	342.77	449.61	512.72	279.51
Trading Asset Securities	170	7	18	30.01	-
Cash & Short-Term Investments	771	349.77	467.61	542.73	279.51
Cash Growth	120.43%	-25.20%	-13.84%	94.17%	-37.45%
Accounts Receivable	832.27	614.91	670.74	571.91	591.47
Other Receivables	6.14	5.46	5.13	10.03	4.97
Receivables	838.41	620.38	675.88	581.94	596.44
Inventory	240.29	167.1	157.2	145.48	156.08
Prepaid Expenses	0.01	-	-	0.02	-
Other Current Assets	122.98	96.11	66.44	30.54	19.6
Total Current Assets	1,973	1,233	1,367	1,301	1,052
Property, Plant & Equipment	797.35	679.61	563.55	481.29	390.12
Long-Term Investments	135.11	107.75	92.76	78.14	46.58
Goodwill	-	-	1.94	-	-
Other Intangible Assets	92.91	89.72	74.45	22.63	21.89
Long-Term Deferred Tax Assets	36.24	35.38	34.52	19.71	19.28
Long-Term Deferred Charges	13.92	18.09	12.56	3.92	5.94
Other Long-Term Assets	9.13	2.64	18.85	6.76	33.83
Total Assets	3,057	2,167	2,166	1,913	1,569
Accounts Payable	734.66	506.35	540.74	466.27	464.04
Accrued Expenses	67.06	54.46	41.02	38.09	45.41
Short-Term Debt	139.18	30.17	91.6	2.73	40
Current Portion of Leases	8.53	10	9.45	12.62	15.9
Current Income Taxes Payable	1.31	1.82	2.35	1.02	3.02
Current Unearned Revenue	6.4	2.94	3.6	2.78	2.68
Other Current Liabilities	12.41	3.95	10.15	23.29	0.87
Total Current Liabilities	969.54	609.69	698.9	546.8	571.92
Long-Term Debt	437.83	-	297.22	280.54	-
Long-Term Leases	7.36	10.88	14.06	4.17	13.31
Long-Term Unearned Revenue	5.86	7.12	6.8	7.86	6.91
Long-Term Deferred Tax Liabilities	6.88	3.43	10.68	11.65	4.13
Other Long-Term Liabilities	0.21	0.72	0.04	-	-
Total Liabilities	1,428	631.84	1,028	851.01	596.28
Common Stock	163.7	163.7	149.6	149.59	148.9
Additional Paid-In Capital	743.03	742.7	398.15	400.87	385.6
Retained Earnings	685.73	611.49	523.6	454.57	405.24
Comprehensive Income & Other	19.73	0.84	52.09	51.74	-0.39
Total Common Equity	1,612	1,519	1,123	1,057	939.35
Minority Interest	17.49	15.97	14.59	5.39	33.65
Shareholders' Equity	1,630	1,535	1,138	1,062	973
Total Liabilities & Equity	3,057	2,167	2,166	1,913	1,569
Total Debt	592.89	51.05	412.33	300.06	69.21
Net Cash (Debt)	178.11	298.72	55.28	242.68	210.3
Net Cash Growth	-40.37%	440.37%	-77.22%	15.39%	-51.87%
Net Cash Per Share	1.07	1.98	0.37	1.54	1.42
Filing Date Shares Outstanding	163.7	163.7	149.6	149.59	148.9
Total Common Shares Outstanding	163.7	163.7	149.6	149.59	148.9
Working Capital	1,003	623.67	668.23	753.92	479.71
Book Value Per Share	9.85	9.28	7.51	7.06	6.31
Tangible Book Value	1,519	1,429	1,047	1,034	917.46
Tangible Book Value Per Share	9.28	8.73	7.00	6.91	6.16
Buildings	369.69	334.95	327.95	86.9	37.65
Machinery	461.78	398.17	350.4	300.65	273.09
Construction In Progress	203.29	128.33	16.09	197.42	141.78

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