Qingdao Greensum Ecology Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	275.96	168.15	250.8	169.92	162.72	113.05
Trading Asset Securities	60.18	227.84	322.18	50.21	-	-
Cash & Short-Term Investments	336.14	395.99	572.98	220.13	162.72	113.05
Cash Growth	-9.88%	-30.89%	160.30%	35.28%	43.94%	36.86%
Accounts Receivable	910.65	941.22	946.14	814.59	647.29	432.33
Other Receivables	14.74	14.37	14.66	48.47	69.92	6.33
Receivables	925.39	955.59	960.8	863.06	717.21	438.66
Inventory	8.43	4.39	3.22	4.25	5.39	3.23
Prepaid Expenses	17.29	13.36	14.88	-	9.02	3.63
Other Current Assets	11.21	7.55	7.62	15.65	1.08	5.98
Total Current Assets	1,298	1,377	1,560	1,103	895.42	564.54
Property, Plant & Equipment	133.33	93.04	83.59	78.73	74.48	46.31
Long-Term Investments	113.87	111.68	110.95	106.77	95.45	62.56
Other Intangible Assets	18.58	19.19	20	20.83	21.66	22.5
Long-Term Deferred Tax Assets	24.94	23.71	16.99	12.7	10.13	5.75
Total Assets	1,589	1,624	1,791	1,322	1,097	701.66
Accounts Payable	342.8	366.47	382.26	349.69	249.3	180.64
Accrued Expenses	5.73	8.52	11.28	11.42	12.49	10.22
Short-Term Debt	-	15	97.09	90.12	0.53	19
Current Portion of Long-Term Debt	1	1.38	3.72	1	1	9.3
Current Portion of Leases	-	0.59	-	-	0.06	-
Current Income Taxes Payable	1.8	0.74	4.43	3.2	10.84	0.4
Current Unearned Revenue	0.09	2.26	0.89	1.36	1.83	3.34
Other Current Liabilities	47.36	43.4	23.76	20.48	21.61	11.68
Total Current Liabilities	398.78	438.36	523.43	477.27	297.65	234.57
Long-Term Debt	387.68	374.88	356.46	3	4	-
Long-Term Leases	-	0.38	-	-	-	-
Long-Term Deferred Tax Liabilities	0.53	2.91	5.69	0.36	-	-
Total Liabilities	787.97	816.52	885.59	480.64	301.65	234.57
Common Stock	140.13	140.03	140.01	140.01	140.01	70
Additional Paid-In Capital	315.88	314.94	314.71	314.71	317.27	129.53
Retained Earnings	327.09	334.71	413.92	386.74	338.21	267.55
Treasury Stock	-14.93	-14.93	-	-	-	-
Comprehensive Income & Other	33.03	33.23	36.83	-	-	-
Total Common Equity	801.19	807.98	905.46	841.46	795.49	467.09
Minority Interest	-	-	-0	-0	-0	-
Shareholders' Equity	801.19	807.98	905.46	841.46	795.49	467.09
Total Liabilities & Equity	1,589	1,624	1,791	1,322	1,097	701.66
Total Debt	388.68	392.22	457.28	94.12	5.59	28.3
Net Cash (Debt)	-52.53	3.77	115.7	126	157.13	84.75
Net Cash Growth	-	-96.74%	-8.18%	-19.81%	85.42%	154.10%
Net Cash Per Share	-0.38	0.03	0.83	0.90	1.15	0.73
Filing Date Shares Outstanding	138.57	138.47	140.01	140.01	140.01	140.01
Total Common Shares Outstanding	138.57	138.47	140.01	140.01	140.01	105
Working Capital	899.68	938.52	1,036	625.8	597.77	329.97
Book Value Per Share	5.78	5.83	6.47	6.01	5.68	4.45
Tangible Book Value	782.62	788.79	885.46	820.63	773.83	444.59
Tangible Book Value Per Share	5.65	5.70	6.32	5.86	5.53	4.23
Buildings	-	27.58	27.58	27.58	27.58	27.58
Machinery	-	40.05	41.71	42.18	37.52	33.65
Construction In Progress	-	64.38	51.95	43.08	40.31	12.06

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