Sino-High (China) 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	156.71	114.23	134.71	282.5	139.53	186.6
Trading Asset Securities	520	580	540	290.8	560	520
Cash & Short-Term Investments	676.71	694.23	674.71	573.3	699.53	706.6
Cash Growth	1.80%	2.89%	17.69%	-18.05%	-1.00%	222.35%
Accounts Receivable	112.2	93.98	79.79	81.9	88.53	75.01
Other Receivables	0.04	0.02	0.04	0.01	0.02	0.03
Receivables	112.24	93.99	79.82	81.91	88.55	75.03
Inventory	58.37	51.43	55.11	95.06	47.78	39.04
Other Current Assets	2.32	1.3	1.34	9.05	0.24	3.56
Total Current Assets	849.64	840.96	810.99	759.32	836.1	824.23
Property, Plant & Equipment	335.78	334.04	320.13	335.42	321.94	194.75
Long-Term Investments	67.73	60	60	60	35	10
Other Intangible Assets	34.36	58.66	60.52	56.53	56.73	58.04
Long-Term Deferred Tax Assets	-	-	1.48	1.94	0.59	0.5
Long-Term Deferred Charges	1	1.11	0.73	1.15	0.64	1.17
Other Long-Term Assets	0.9	0.58	-	0.06	1.73	5.26
Total Assets	1,289	1,295	1,254	1,214	1,253	1,094
Accounts Payable	53.31	28.07	26.04	15	44.78	19.97
Accrued Expenses	5.32	19.31	19.76	16.96	21	17.55
Current Portion of Leases	-	-	-	-	0.02	0.28
Current Income Taxes Payable	6.46	4.4	2.93	-	10.06	2.52
Current Unearned Revenue	10.3	9.01	4.89	0.87	10.87	5.19
Other Current Liabilities	2.14	39.44	42.19	56.37	82.46	34.31
Total Current Liabilities	77.53	100.24	95.8	89.19	169.2	79.83
Long-Term Leases	-	-	-	-	-	0.02
Long-Term Unearned Revenue	2.63	2.63	-	-	-	-
Long-Term Deferred Tax Liabilities	5.04	5.62	10.54	11	2.13	0.84
Total Liabilities	85.2	108.5	106.34	100.2	171.33	80.69
Common Stock	174.88	174.88	134.52	134.52	103.48	79.6
Additional Paid-In Capital	521.01	520.39	556.57	558.36	584.4	608.28
Retained Earnings	495.06	479.31	443.64	407.86	376.6	309.46
Comprehensive Income & Other	13.26	12.26	12.78	13.48	16.93	15.94
Shareholders' Equity	1,204	1,187	1,148	1,114	1,081	1,013
Total Liabilities & Equity	1,289	1,295	1,254	1,214	1,253	1,094
Total Debt	-	-	-	-	0.02	0.31
Net Cash (Debt)	676.71	694.23	674.71	573.3	699.5	706.29
Net Cash Growth	1.80%	2.89%	17.69%	-18.04%	-0.96%	259.77%
Net Cash Per Share	3.89	3.96	3.86	3.26	4.03	4.98
Filing Date Shares Outstanding	174.91	174.88	174.88	174.88	174.88	174.88
Total Common Shares Outstanding	174.91	174.88	174.88	174.88	174.88	174.88
Working Capital	772.11	740.71	715.19	670.12	666.9	744.41
Book Value Per Share	6.88	6.79	6.56	6.37	6.18	5.79
Tangible Book Value	1,170	1,128	1,087	1,058	1,025	955.23
Tangible Book Value Per Share	6.69	6.45	6.22	6.05	5.86	5.46
Buildings	-	187.54	185.55	185.55	168.63	37.82
Machinery	-	242.44	238.8	227.1	69.23	59.95
Construction In Progress	-	56.62	17.57	14.25	153.06	158.19

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