SHA:600101 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	766.54	886.56	861.89	863.93	884.3
Accounts Receivable	126.59	118.71	146.99	158.98	92.33
Other Receivables	9.76	10.1	7.75	88.83	12.59
Inventory	13.44	15.36	21.04	26.92	26.21
Prepaid Expenses	13.47	47.84	17.09	16	3.1
Other Current Assets	1.73	2.73	5.1	14.47	7.57
Total Current Assets	931.53	1,081	1,060	1,169	1,026
Property, Plant & Equipment	2,655	2,526	2,345	2,176	2,111
Goodwill	4.51	4.51	4.51	4.51	4.51
Other Intangible Assets	244.44	231.46	224.45	208.88	184.54
Long-Term Investments	208.62	204.39	220.01	216.46	218.02
Long-Term Deferred Tax Assets	43.13	33.93	28.1	26.41	17.11
Long-Term Deferred Charges	17.85	16.21	2.49	-	-
Other Long-Term Assets	11.44	7.7	10.07	9.47	20.81
Total Assets	4,117	4,106	3,895	3,811	3,582
Accounts Payable	311.47	465.81	360.38	351.4	265.08
Accrued Expenses	26.22	32.33	23.05	21.13	22.64
Short-Term Debt	-	-	-	-	81
Current Portion of Long-Term Debt	31	1	50	30	-
Current Unearned Revenue	204.85	179.04	195.19	270.93	201.64
Current Portion of Leases	0.43	0.42	0.37	0.28	0.33
Current Income Taxes Payable	12.86	1.5	9.61	15.33	8.76
Other Current Liabilities	140.84	110.57	146.32	149.67	150.03
Total Current Liabilities	727.68	790.67	784.93	838.74	729.48
Long-Term Debt	33	64	30	50	80
Long-Term Leases	1.67	1.9	1.59	1.03	1.32
Long-Term Unearned Revenue	81.32	65.03	60.25	51.75	44.51
Long-Term Deferred Tax Liabilities	0.03	1.06	0.98	1.03	1.09
Other Long-Term Liabilities	188.32	189.22	198.08	202.73	186.77
Total Liabilities	1,032	1,112	1,076	1,145	1,043
Common Stock	547.86	547.86	421.43	421.43	421.43
Additional Paid-In Capital	400.35	400.17	518.16	510.81	509.72
Retained Earnings	2,109	2,012	1,845	1,700	1,574
Comprehensive Income & Other	27.73	33.45	33.96	34.19	23.62
Total Common Equity	3,085	2,994	2,819	2,666	2,529
Minority Interest	-	-	-	-	10.01
Shareholders' Equity	3,085	2,994	2,819	2,666	2,539
Total Liabilities & Equity	4,117	4,106	3,895	3,811	3,582
Total Debt	66.1	67.32	81.96	81.31	162.65
Net Cash (Debt)	700.44	819.24	779.93	782.62	721.65
Net Cash Growth	-14.50%	5.04%	-0.34%	8.45%	2.55%
Net Cash Per Share	1.28	1.50	1.42	1.43	1.32
Filing Date Shares Outstanding	547.86	547.86	547.86	547.86	547.86
Total Common Shares Outstanding	547.86	547.86	547.86	547.86	547.86
Working Capital	203.84	290.63	274.93	330.41	296.62
Book Value Per Share	5.63	5.46	5.15	4.87	4.62
Tangible Book Value	2,836	2,758	2,590	2,453	2,340
Tangible Book Value Per Share	5.18	5.03	4.73	4.48	4.27
Buildings	1,318	1,219	1,062	1,019	1,216
Machinery	2,364	2,202	1,993	1,779	1,657
Construction In Progress	114.9	85.74	189.57	241.75	148.18

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.