Shanghai Pioneer Holding 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	166.61	103.57	114.43	214.01	224.85
Short-Term Investments	-	21.38	23.62	-	-
Trading Asset Securities	20	-	-	75	177.23
Cash & Short-Term Investments	186.61	124.95	138.04	289.01	402.08
Cash Growth	49.34%	-9.48%	-52.23%	-28.12%	57.92%
Accounts Receivable	449.95	337.07	448.42	413.15	251.84
Other Receivables	18.19	105.68	50.58	50.23	43.21
Receivables	468.14	442.75	499	463.39	295.05
Inventory	297.11	321.17	417.93	321.13	294.95
Other Current Assets	24.04	44.99	51.95	61.4	21.06
Total Current Assets	975.91	933.87	1,107	1,135	1,013
Property, Plant & Equipment	184.85	218.65	247.44	221.57	91.1
Long-Term Investments	183.47	200.78	117.14	156.16	82.17
Goodwill	-	-	6.21	6.21	-
Other Intangible Assets	16.43	20.39	30.19	37.05	45.92
Long-Term Deferred Tax Assets	11.59	7.99	2.27	8.6	11.96
Other Long-Term Assets	117.24	76.41	20.73	7.16	84.19
Total Assets	1,489	1,458	1,531	1,572	1,328
Accounts Payable	216.91	120.57	284.95	329.35	262
Accrued Expenses	-	22.9	8.87	35.07	14.49
Short-Term Debt	56.6	62.36	59.97	28.86	13.87
Current Portion of Leases	2.35	1.4	1.3	0.73	0.11
Current Income Taxes Payable	25.03	32.75	17.27	39.7	24.61
Current Unearned Revenue	2.25	3.25	20.28	12.49	10.52
Other Current Liabilities	-	32.2	50.05	26.66	22.6
Total Current Liabilities	303.13	275.42	442.69	472.85	348.2
Long-Term Debt	58	-	-	-	-
Long-Term Leases	4.44	11.46	12.75	8.01	0.07
Long-Term Unearned Revenue	37.06	39.24	41.42	43.6	43.6
Long-Term Deferred Tax Liabilities	21.65	16.4	16.28	24.73	25.63
Other Long-Term Liabilities	20	-	-	-	-
Total Liabilities	444.28	342.52	513.14	549.18	417.49
Common Stock	77.4	77.4	77.4	77.4	77.57
Additional Paid-In Capital	-	621.73	621.73	621.73	626.04
Retained Earnings	-	709.03	673.34	594.85	444.21
Treasury Stock	-	-252.88	-224.83	-202.1	-180.8
Comprehensive Income & Other	972	-44.83	-141.19	-84.07	-59.04
Total Common Equity	1,049	1,110	1,006	1,008	907.97
Minority Interest	-4.18	5.11	11.32	14.69	3.02
Shareholders' Equity	1,045	1,116	1,018	1,022	910.99
Total Liabilities & Equity	1,489	1,458	1,531	1,572	1,328
Total Debt	121.39	75.22	74.02	37.59	14.05
Net Cash (Debt)	65.22	49.73	64.02	251.42	388.03
Net Cash Growth	31.13%	-22.32%	-74.53%	-35.21%	62.01%
Net Cash Per Share	0.06	0.04	0.05	0.21	0.32
Filing Date Shares Outstanding	1,123	1,159	1,174	1,185	1,198
Total Common Shares Outstanding	1,123	1,159	1,174	1,185	1,198
Working Capital	672.78	658.45	664.24	662.08	664.95
Book Value Per Share	0.93	0.96	0.86	0.85	0.76
Tangible Book Value	1,033	1,090	970.04	964.54	862.05
Tangible Book Value Per Share	0.92	0.94	0.83	0.81	0.72
Buildings	-	134.79	111.34	106.82	42.05
Machinery	-	60.3	45.96	42.17	27.03
Construction In Progress	-	26.51	104.11	85.67	48.94
Leasehold Improvements	-	18.69	4.58	4.58	4.55

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