Sailvan Times 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	949.17	924.41	764.3	723.09	400.46	359.09
Short-Term Investments	-	11.47	63.63	-	-	-
Trading Asset Securities	321.2	199.68	617.14	10	-	-
Cash & Short-Term Investments	1,270	1,136	1,445	733.09	400.46	359.09
Cash Growth	-9.67%	-21.42%	97.12%	83.06%	11.52%	102.31%
Accounts Receivable	352.17	318.84	226.57	271.67	158.76	262.88
Other Receivables	95.46	124.86	82.43	84	88.1	77.27
Receivables	447.63	443.7	309	355.67	246.86	340.15
Inventory	1,530	1,805	802.5	604.78	892.01	851.34
Other Current Assets	306.32	54.27	36.5	39.5	39.68	26.88
Total Current Assets	3,554	3,438	2,593	1,733	1,579	1,577
Property, Plant & Equipment	753.39	744.47	421.1	496.3	549.92	19.9
Long-Term Investments	168.21	186.81	53.68	3.84	3.05	2.41
Other Intangible Assets	1.7	2.52	3.08	1.01	1.64	1.63
Long-Term Accounts Receivable	16.92	23.49	15.39	14.07	12.37	-
Long-Term Deferred Tax Assets	62.86	57.83	43.54	39.4	31.1	28.02
Long-Term Deferred Charges	45.14	52.23	59.75	71.26	59.77	1.55
Other Long-Term Assets	223.74	237.04	433.54	2.88	6.04	-
Total Assets	4,826	4,743	3,623	2,362	2,243	1,631
Accounts Payable	769.66	569.69	380.86	182.1	231.75	435.61
Accrued Expenses	74.74	148.87	110.91	87.15	91.17	108.25
Short-Term Debt	424.92	608.25	109.65	17.83	-	15.03
Current Portion of Leases	163.84	145.65	97.93	82.33	86.67	-
Current Income Taxes Payable	66.97	24.72	37.97	22.67	27.95	57.2
Current Unearned Revenue	25.93	43.32	28.33	23.97	22.48	41.36
Other Current Liabilities	11.97	31.34	25.88	19.42	15	14.19
Total Current Liabilities	1,538	1,572	791.53	435.46	475.02	671.65
Long-Term Leases	567.24	589.26	334.25	416.59	460.52	-
Long-Term Deferred Tax Liabilities	1.07	0.72	1.93	0.06	-	-
Other Long-Term Liabilities	58.4	120.07	81	53.89	41.49	42.4
Total Liabilities	2,165	2,282	1,209	906	977.04	714.05
Common Stock	403.46	400.1	400.1	360	360	360
Additional Paid-In Capital	915.23	825.6	775.21	92.21	92.21	92.21
Retained Earnings	1,344	1,236	1,241	1,006	819.57	469.64
Comprehensive Income & Other	-1.43	-0.47	-2.37	-2.37	-5.91	-4.91
Shareholders' Equity	2,662	2,461	2,414	1,456	1,266	916.94
Total Liabilities & Equity	4,826	4,743	3,623	2,362	2,243	1,631
Total Debt	1,156	1,343	541.82	516.75	547.2	15.03
Net Cash (Debt)	114.37	-207.59	903.24	216.34	-146.73	344.06
Net Cash Growth	-37.38%	-	317.50%	-	-	432.60%
Net Cash Per Share	0.29	-0.52	2.40	0.60	-0.41	0.96
Filing Date Shares Outstanding	403.46	400.1	400.1	360	360	360
Total Common Shares Outstanding	403.46	400.1	400.1	360	360	360
Working Capital	2,016	1,866	1,802	1,298	1,104	905.82
Book Value Per Share	6.60	6.15	6.03	4.04	3.52	2.55
Tangible Book Value	2,660	2,458	2,411	1,455	1,264	915.3
Tangible Book Value Per Share	6.59	6.14	6.03	4.04	3.51	2.54
Machinery	-	122.79	82.03	72.53	59.25	41.1
Construction In Progress	-	9.94	-	-	-	-

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