SHA:600020 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	477.46	497.42	482.67	960.54	1,193
Cash & Short-Term Investments	477.46	497.42	482.67	960.54	1,193
Cash Growth	-4.01%	3.06%	-49.75%	-19.48%	25.02%
Accounts Receivable	1,847	1,315	703.67	266.25	170.77
Other Receivables	79.65	90.48	132.24	164.2	248.16
Receivables	1,927	1,405	835.92	430.45	418.93
Inventory	3,870	4,742	4,819	4,765	3,869
Prepaid Expenses	21.21	18.67	41.76	16.3	77.84
Other Current Assets	5.78	5.46	6.63	6.88	576.79
Total Current Assets	6,301	6,669	6,186	6,179	6,135
Property, Plant & Equipment	10,070	10,519	11,277	11,936	12,539
Long-Term Investments	6,150	5,373	5,197	5,576	5,415
Other Intangible Assets	29,013	27,426	25,387	24,908	21,920
Long-Term Deferred Tax Assets	323.37	344.87	288.38	357.1	183.58
Long-Term Deferred Charges	5.67	8.25	9.42	5.23	6.44
Other Long-Term Assets	1,682	1,823	1,715	769.19	618.23
Total Assets	53,546	52,163	50,061	49,730	46,817
Accounts Payable	349.23	205.32	813.08	401.02	600.54
Accrued Expenses	418.1	486.66	447.62	379.94	376.2
Short-Term Debt	1,617	2,779	2,402	3,778	1,086
Current Portion of Long-Term Debt	1,900	1,919	3,449	4,053	4,102
Current Portion of Leases	9.58	9.88	10.85	9.98	9.43
Current Income Taxes Payable	144.83	50.14	6.56	8.52	14.88
Current Unearned Revenue	40.98	38.84	62.06	51.95	243.83
Other Current Liabilities	302.16	364.57	546.18	861.63	506.47
Total Current Liabilities	4,782	5,853	7,738	9,544	6,939
Long-Term Debt	30,739	28,929	25,455	25,561	25,604
Long-Term Leases	45.69	52.29	62.28	71.38	81.26
Long-Term Unearned Revenue	855.42	872.55	926.21	980.18	1,034
Long-Term Deferred Tax Liabilities	1,492	1,289	1,116	943.67	756.25
Total Liabilities	37,913	36,996	35,297	37,100	34,416
Common Stock	2,247	2,247	2,247	2,247	2,247
Additional Paid-In Capital	1,368	1,339	1,334	1,342	1,349
Retained Earnings	8,195	8,061	7,560	6,892	7,068
Comprehensive Income & Other	3,823	3,520	3,623	2,118	1,687
Total Common Equity	15,633	15,167	14,764	12,599	12,351
Minority Interest	-0.23	0.02	-0.28	31.26	50.72
Shareholders' Equity	15,632	15,167	14,763	12,630	12,402
Total Liabilities & Equity	53,546	52,163	50,061	49,730	46,817
Total Debt	34,311	33,689	31,380	33,473	30,883
Net Cash (Debt)	-33,833	-33,192	-30,897	-32,512	-29,690
Net Cash Per Share	-15.06	-14.77	-13.75	-14.47	-13.21
Filing Date Shares Outstanding	2,247	2,247	2,247	2,247	2,247
Total Common Shares Outstanding	2,247	2,247	2,247	2,247	2,247
Working Capital	1,520	815.97	-1,552	-3,365	-804
Book Value Per Share	5.15	5.07	4.89	4.61	5.50
Tangible Book Value	-13,381	-12,259	-10,624	-12,309	-9,569
Tangible Book Value Per Share	-7.76	-7.13	-6.41	-6.47	-4.26
Buildings	1,278	1,154	12.97	10.32	10.36
Machinery	1,867	1,857	2,961	2,945	2,342
Construction In Progress	141.44	39.65	76.42	52.77	36.14

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