Zhejiang Sunflower Health Technology Co., Ltd. 2025 Annual Financial Report
Zhejiang Sunflower Health Technology Co., Ltd. (hereinafter referred to as the "Company" or "Sunflower") financial statements were audited by Lixin Certified Public Accountants (Special General Partnership), which issued a standard unqualified audit report [Xin Hui Shi Bao Zi [2026] No. ZF10315]. The auditor's opinion is that the Company's financial statements are prepared in all material respects in accordance with the requirements of the Accounting Standards for Business Enterprises, and fairly reflect the consolidated and parent company's financial position as of December 31, 2025, and the consolidated and parent company's operating results and cash flows for 2025.
I. Overview of 2025 Financial Position
| 2025 | 2024 | Year-on-year increase/decrease | 2023 | |
|---|---|---|---|---|
| Operating Revenue (RMB) | 271,534,667.17 | 330,368,712.17 | -17.81% | 338,419,251.07 |
| Net Profit Attributable to Shareholders of Listed Companies (RMB) | -4,384,751.45 | 7,827,252.98 | -156.02% | 21,747,861.40 |
| Net Profit Attributable to Shareholders of Listed Companies, Excluding Non-recurring Gains and Losses (RMB) | -4,629,937.01 | 6,263,678.83 | -173.92% | -15,689,777.70 |
| Net Cash Flow from Operating Activities (RMB) | 4,197,351.37 | 31,436,632.22 | -86.65% | 2,869,789.87 |
| Basic Earnings Per Share (RMB/share) | -0.003 | 0.006 | -150.00% | 0.017 |
| Diluted Earnings Per Share (RMB/share) | -0.003 | 0.006 | -150.00% | 0.017 |
| Weighted Average Return on Equity | -0.64% | 1.15% | -1.79% | 3.59% |
| As of Year-end 2025 | As of Year-end 2024 | Year-on-year increase/decrease | As of Year-end 2023 | |
| Total Assets (RMB) | 984,182,324.89 | 999,118,426.12 | -1.49% | 1,242,046,575.23 |
| Net Assets Attributable to Shareholders of Listed Companies (RMB) | 682,027,032.17 | 686,244,996.62 | -0.61% | 678,325,719.64 |
II. Asset Situation
Unit: RMB
| Asset | As of December 31, 2025 | As of December 31, 2024 | Change Rate |
|---|---|---|---|
| Cash and Cash Equivalents | 504,867,988.61 | 567,369,613.62 | -11.02% |
| Notes Receivable | 787,500.00 | 2,860,000.00 | -72.47% |
| Accounts Receivable | 46,411,616.74 | 67,979,049.18 | -31.73% |
| Contract Assets | 18,402,202.60 | 2,974,976.82 | 518.57% |
| Prepayments | 757,213.20 | 1,042,598.88 | -27.37% |
| Other Receivables | 44,152,579.52 | 126,719.06 | 34,742.89% |
| Inventory | 170,582,567.98 | 142,833,425.13 | 19.43% |
| Other Current Assets | 2,410,797.73 | 2,711,880.68 | -11.10% |
| Total Current Assets | 788,372,466.38 | 787,898,263.37 | 0.06% |
| Investments in Debt Instruments | 51,720,069.44 | 50,528,750.00 | 2.36% |
| Investments in Equity Instruments | 822,785.00 | 655,998.00 | 25.42% |
| Property, Plant and Equipment | 64,741,487.26 | 76,444,775.45 | -15.31% |
| Construction in Progress | 13,937,350.00 | 18,804,120.30 | -25.88% |
| Right-of-Use Assets | 0.00 | 720,574.39 | -100.00% |
| Intangible Assets | 44,260,060.12 | 47,311,718.32 | -6.45% |
| Development Expenses | 13,271,570.73 | 11,791,242.79 | 12.55% |
| Long-term Prepaid Expenses | 1,283,101.97 | 1,896,365.45 | -32.34% |
| Deferred Tax Assets | 3,982,287.50 | 2,600,218.05 | 53.15% |
| Other Non-current Assets | 1,791,146.49 | 466,400.00 | 284.04% |
| Total Non-current Assets | 195,809,858.51 | 211,220,162.75 | -7.30% |
| Total Assets | 984,182,324.89 | 999,118,426.12 | -1.49% |