Shenglan Technology 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	652.43	601	342.77	449.61	512.72	279.51
Trading Asset Securities	89	170	7	18	30.01	-
Cash & Short-Term Investments	741.43	771	349.77	467.61	542.73	279.51
Cash Growth	-4.39%	120.43%	-25.20%	-13.84%	94.17%	-37.45%
Accounts Receivable	1,144	832.27	614.91	670.74	571.91	591.47
Other Receivables	17.87	6.14	5.46	5.13	10.03	4.97
Receivables	1,162	838.41	620.38	675.88	581.94	596.44
Inventory	312.07	240.29	167.1	157.2	145.48	156.08
Prepaid Expenses	-	0.01	-	-	0.02	-
Other Current Assets	161.33	122.98	96.11	66.44	30.54	19.6
Total Current Assets	2,376	1,973	1,233	1,367	1,301	1,052
Property, Plant & Equipment	911.95	797.35	679.61	563.55	481.29	390.12
Long-Term Investments	165.72	135.11	107.75	92.76	78.14	46.58
Goodwill	-	-	-	1.94	-	-
Other Intangible Assets	92.43	92.91	89.72	74.45	22.63	21.89
Long-Term Deferred Tax Assets	40.65	36.24	35.38	34.52	19.71	19.28
Long-Term Deferred Charges	12.43	13.92	18.09	12.56	3.92	5.94
Other Long-Term Assets	4.38	9.13	2.64	18.85	6.76	33.83
Total Assets	3,604	3,057	2,167	2,166	1,913	1,569

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	1,076	734.66	506.35	540.74	466.27	464.04
Accrued Expenses	48.56	67.06	54.46	41.02	38.09	45.41
Short-Term Debt	151.07	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	6.22	6.4	2.94	3.6	2.78	2.68
Other Current Liabilities	18.73	12.41	3.95	10.15	23.29	0.87
Total Current Liabilities	1,300	969.54	609.69	698.9	546.8	571.92
Long-Term Debt	113.3	437.83	-	297.22	280.54	-
Long-Term Leases	12.03	7.36	10.88	14.06	4.17	13.31
Long-Term Unearned Revenue	7.18	5.86	7.12	6.8	7.86	6.91
Long-Term Deferred Tax Liabilities	7.46	6.88	3.43	10.68	11.65	4.13
Other Long-Term Liabilities	0.16	0.21	0.72	0.04	-	-
Total Liabilities	1,440	1,428	631.84	1,028	851.01	596.28

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	171.7	163.7	163.7	149.6	149.59	148.9
Additional Paid-In Capital	1,178	743.03	742.7	398.15	400.87	385.6
Retained Earnings	858.24	685.73	611.49	523.6	454.57	405.24
Comprehensive Income & Other	-0.4	19.73	0.84	52.09	51.74	-0.39
Total Common Equity	2,142	1,612	1,519	1,123	1,057	939.35
Minority Interest	21.4	17.49	15.97	14.59	5.39	33.65
Shareholders' Equity	2,164	1,630	1,535	1,138	1,062	973
Total Liabilities & Equity	3,604	3,057	2,167	2,166	1,913	1,569

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	276.4	592.89	51.05	412.33	300.06	69.21
Net Cash (Debt)	465.03	178.11	298.72	55.28	242.68	210.3
Net Cash Growth	149.82%	-40.37%	440.37%	-77.22%	15.39%	-51.87%
Net Cash Per Share	2.68	1.07	1.98	0.37	1.54	1.42
Filing Date Shares Outstanding	186.46	163.7	163.7	149.6	149.59	148.9
Total Common Shares Outstanding	186.46	163.7	163.7	149.6	149.59	148.9
Working Capital	1,076	1,003	623.67	668.23	753.92	479.71
Book Value Per Share	11.49	9.85	9.28	7.51	7.06	6.31
Tangible Book Value	2,050	1,519	1,429	1,047	1,034	917.46
Tangible Book Value Per Share	10.99	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