Sublime China Information 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	108.11	148.95	135.89	186.93	317.91
Short-Term Investments	-	64.46	57.3	-	-
Trading Asset Securities	24.57	121.52	333.64	593.01	-
Cash & Short-Term Investments	132.69	334.93	526.84	779.94	317.91
Cash Growth	-60.38%	-36.43%	-32.45%	145.33%	42.81%
Accounts Receivable	11.65	11.48	5.17	4.52	4.12
Other Receivables	0.76	0.46	0.66	0.05	0.07
Receivables	12.41	11.94	5.83	4.57	4.18
Inventory	0.13	0.11	0.14	0.19	0.05
Prepaid Expenses	-	0.22	1.05	-	1.13
Other Current Assets	213.09	1.8	0.74	4.23	7.51
Total Current Assets	358.31	349	534.6	788.93	330.79
Property, Plant & Equipment	162.64	172.1	185.87	179.73	184.12
Long-Term Investments	-	314.92	216.08	-	-
Goodwill	51.05	-	-	-	-
Other Intangible Assets	82.8	57.63	25.91	26.75	27.8
Long-Term Deferred Tax Assets	8.86	7.49	4.42	4.01	2.32
Long-Term Deferred Charges	20.12	21.98	11.68	6.31	5.89
Other Long-Term Assets	309.76	14.9	1.04	-	-
Total Assets	993.56	938.02	979.6	1,006	550.93
Accounts Payable	2.97	5.13	3.36	3.52	4.1
Accrued Expenses	41.63	32.19	35.33	33.81	31.36
Current Portion of Long-Term Debt	4.66	-	-	-	-
Current Portion of Leases	-	4.04	3.08	2.55	2.12
Current Income Taxes Payable	5.08	4.35	-	-	-
Current Unearned Revenue	298.48	212.92	215.05	226.32	229.16
Other Current Liabilities	6.1	24.73	0.68	0.7	0.49
Total Current Liabilities	358.92	283.37	257.49	266.89	267.24
Long-Term Leases	6.61	8.24	10.87	9.02	11.57
Long-Term Unearned Revenue	23.53	24.62	25.7	26.86	27.4
Long-Term Deferred Tax Liabilities	16.5	14.15	12.37	9.86	6.02
Total Liabilities	405.56	330.37	306.44	312.63	312.23
Common Stock	60.38	60	60	60	45
Additional Paid-In Capital	411.98	395.5	381.52	381.52	0.61
Retained Earnings	115.15	152.16	231.65	251.58	193.08
Total Common Equity	587.51	607.65	673.16	693.1	238.7
Minority Interest	0.49	-	-	-	-
Shareholders' Equity	588	607.65	673.16	693.1	238.7
Total Liabilities & Equity	993.56	938.02	979.6	1,006	550.93
Total Debt	11.27	12.28	13.95	11.56	13.69
Net Cash (Debt)	121.41	322.65	512.88	768.38	304.22
Net Cash Growth	-62.37%	-37.09%	-33.25%	152.57%	36.66%
Net Cash Per Share	2.02	5.40	8.57	16.18	6.75
Filing Date Shares Outstanding	59.71	60	60	60	45
Total Common Shares Outstanding	59.71	60	60	60	45
Working Capital	-0.61	65.63	277.11	522.03	63.55
Book Value Per Share	9.84	10.13	11.22	11.55	5.30
Tangible Book Value	453.66	550.02	647.26	666.35	210.89
Tangible Book Value Per Share	7.60	9.17	10.79	11.11	4.69
Buildings	-	194.01	194.01	193.38	192.28
Machinery	-	37.37	33.68	29.3	25.14
Construction In Progress	-	1.48	7.83	-	0.04

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