SHA:600097 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	428.37	525.43	518.57	632.85	758.02
Cash & Short-Term Investments	428.37	525.43	518.57	632.85	758.02
Cash Growth	-18.47%	1.32%	-18.06%	-16.51%	0.07%
Accounts Receivable	150.76	146.42	102.51	128.7	108.9
Other Receivables	179.83	141.22	101.3	36.96	11.37
Receivables	330.6	287.64	203.8	165.66	120.27
Inventory	835.18	698.03	802.53	513.78	380.72
Prepaid Expenses	-	-	0.07	0.05	0.02
Other Current Assets	68.04	60.61	43.14	178.51	69.68
Total Current Assets	1,662	1,572	1,568	1,491	1,329
Property, Plant & Equipment	1,550	1,559	1,616	1,723	1,396
Long-Term Investments	-	0.25	0.22	0.16	0.16
Goodwill	103.76	103.76	103.76	103.76	104.18
Other Intangible Assets	102.59	103.13	103.9	101.3	105.34
Long-Term Deferred Tax Assets	2.01	1.63	4.04	3.67	2.35
Long-Term Deferred Charges	10.79	9.41	6.5	12.01	6.9
Total Assets	3,431	3,349	3,403	3,435	2,944
Accounts Payable	425.2	390.55	301.71	267.81	224.46
Accrued Expenses	93.83	82	73.55	67.3	67.82
Current Portion of Long-Term Debt	21.21	14.81	115.38	14.24	-
Current Portion of Leases	177	104.86	-	143.47	22.51
Current Income Taxes Payable	16.5	21.49	30.37	57.11	46.45
Current Unearned Revenue	0.38	2.02	12.75	129.12	44.3
Other Current Liabilities	16.02	10.39	9.72	12.88	21.08
Total Current Liabilities	750.14	626.13	543.47	691.92	426.62
Long-Term Debt	86.78	75.72	94.55	103.8	153.02
Long-Term Leases	201.11	331.33	412.47	444.68	260.76
Long-Term Unearned Revenue	34.46	34.37	39.59	46.3	51.79
Long-Term Deferred Tax Liabilities	0.03	0.16	2.85	3.12	2.34
Other Long-Term Liabilities	9.59	12.68	15.61	17.87	33.21
Total Liabilities	1,082	1,080	1,109	1,308	927.72
Common Stock	410	410	410	410	410
Additional Paid-In Capital	606.96	606.96	611.64	611.64	611.64
Retained Earnings	1,220	1,165	1,150	1,034	985.33
Comprehensive Income & Other	81.76	60.12	70.7	35.15	-32.08
Total Common Equity	2,319	2,242	2,242	2,090	1,975
Minority Interest	29.61	26.08	52.13	36.69	41.05
Shareholders' Equity	2,349	2,268	2,294	2,127	2,016
Total Liabilities & Equity	3,431	3,349	3,403	3,435	2,944
Total Debt	486.11	526.72	622.4	706.19	436.29
Net Cash (Debt)	-57.74	-1.29	-103.84	-73.33	321.73
Net Cash Growth	-	-	-	-	-27.20%
Net Cash Per Share	-0.24	-0.01	-0.43	-0.30	1.33
Filing Date Shares Outstanding	240.94	240.94	240.94	240.94	240.94
Total Common Shares Outstanding	240.94	240.94	240.94	240.94	240.94
Working Capital	912.04	945.58	1,025	798.94	902.1
Book Value Per Share	9.63	9.31	9.31	8.68	8.20
Tangible Book Value	2,113	2,036	2,035	1,885	1,765
Tangible Book Value Per Share	8.77	8.45	8.44	7.83	7.33
Buildings	435.88	420.53	425.01	414.03	295.42
Machinery	1,877	1,692	1,630	1,599	1,690
Construction In Progress	74.4	67.44	2.79	1.14	57.07

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