SFC Holdings 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	498.34	454.84	449.61	539.65	153.04	85.21
Short-Term Investments	-	18.66	17.07	11.93	-	-
Trading Asset Securities	790.19	850.66	747.01	813.27	249.78	136.67
Cash & Short-Term Investments	1,289	1,324	1,214	1,365	402.82	221.88
Cash Growth	7.20%	9.10%	-11.07%	238.82%	81.55%	-35.12%
Accounts Receivable	52.1	44.89	40.16	42.2	51.97	66.56
Other Receivables	21.38	2.97	2.52	1.18	2.89	2.29
Receivables	73.49	47.86	42.68	43.38	54.85	68.85
Inventory	76.58	75.21	125.59	66.15	70.65	117.25
Other Current Assets	23.55	22.09	35.17	20.8	26.95	41.23
Total Current Assets	1,462	1,469	1,417	1,495	555.27	449.21
Property, Plant & Equipment	53.38	56.42	59.58	37.01	59.39	138.37
Long-Term Investments	-	-	-	-	0.21	-
Other Intangible Assets	0.24	0.26	0.36	0.58	1.11	1.51
Long-Term Deferred Tax Assets	9.84	8.93	15.87	8.46	9.85	4.37
Long-Term Deferred Charges	4.56	3.72	2.06	1.16	17.44	14.7
Other Long-Term Assets	5.35	5.39	5.53	5.66	5.8	5.94
Total Assets	1,536	1,544	1,501	1,548	649.07	614.1
Accounts Payable	37.18	52.6	59.21	50.48	37.97	54.71
Accrued Expenses	11.02	12.34	20.76	20.38	8.31	21.26
Current Portion of Leases	-	9.78	11.99	11.69	21.22	18.48
Current Income Taxes Payable	2.5	0.79	0.8	4.63	3.96	1.6
Current Unearned Revenue	31.46	34.8	37.65	34.93	32.22	36.91
Other Current Liabilities	10.72	13.11	4.43	2.67	6.28	4.69
Total Current Liabilities	103.07	123.42	134.84	124.77	109.96	137.65
Long-Term Leases	35.44	38.19	36.28	7.61	18.91	101.89
Long-Term Deferred Tax Liabilities	12.77	12.83	0.01	0.06	5.14	1.58
Other Long-Term Liabilities	1.05	1.05	7.16	5.12	5.51	5.65
Total Liabilities	152.33	175.5	178.29	137.57	139.52	246.77
Common Stock	788.85	788.85	788.85	788.85	670.39	670.39
Additional Paid-In Capital	9.44	5.54	5.6	-	-	-
Retained Earnings	582.71	568.46	519.82	615.89	492.19	351.42
Comprehensive Income & Other	2.19	5.69	7.95	5.72	-653.03	-654.48
Total Common Equity	1,383	1,369	1,322	1,410	509.55	367.34
Shareholders' Equity	1,383	1,369	1,322	1,410	509.55	367.34
Total Liabilities & Equity	1,536	1,544	1,501	1,548	649.07	614.1
Total Debt	45.63	47.97	48.27	19.3	40.12	120.37
Net Cash (Debt)	1,243	1,276	1,165	1,346	362.69	101.5
Net Cash Growth	8.22%	9.50%	-13.39%	270.99%	257.32%	-70.32%
Net Cash Per Share	1.58	1.62	1.48	1.92	0.54	0.15
Filing Date Shares Outstanding	787.02	788.85	788.85	788.85	670.39	670.39
Total Common Shares Outstanding	787.02	788.85	788.85	788.85	670.39	670.39
Working Capital	1,359	1,346	1,282	1,370	445.31	311.56
Book Value Per Share	1.76	1.73	1.68	1.79	0.76	0.55
Tangible Book Value	1,383	1,368	1,322	1,410	508.44	365.82
Tangible Book Value Per Share	1.76	1.73	1.68	1.79	0.76	0.55
Machinery	-	32.18	31.58	28.28	30.4	29.92