SHA:600106 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,196	869.27	1,328	1,413	1,728	1,765
Trading Asset Securities	296.53	490.5	292.76	202.16	178.84	200.77
Cash & Short-Term Investments	1,492	1,360	1,620	1,615	1,907	1,966
Cash Growth	-13.05%	-16.08%	0.31%	-15.28%	-3.00%	-0.30%
Accounts Receivable	0.67	0.22	-	-	-	18.44
Other Receivables	21.1	115.7	46.74	14.22	9.79	0.06
Receivables	21.77	115.92	46.74	14.22	9.79	18.5
Inventory	360.7	360.57	359.07	356.49	355.31	354.18
Other Current Assets	0.1	0.1	0.09	-	-	0.94
Total Current Assets	1,875	1,836	2,026	1,986	2,272	2,339
Property, Plant & Equipment	9.31	9.46	74.92	78.67	109.47	114.47
Long-Term Investments	3,924	3,945	3,675	3,281	3,092	3,224
Other Long-Term Assets	1,249	1,272	1,285	1,359	1,430	1,496
Total Assets	7,057	7,064	7,061	6,705	6,903	7,175
Accounts Payable	1.19	1.55	2.25	3.37	1.78	2.29
Accrued Expenses	10.34	9.62	11.09	12.36	10.79	11.27
Short-Term Debt	300.24	300.24	500.6	500.71	808.86	805.58
Current Portion of Long-Term Debt	37.8	37.92	134.78	109.4	109.64	109.82
Current Income Taxes Payable	14.46	14.64	8.4	11.79	23.04	6.97
Current Unearned Revenue	-	-	-	0.26	0.83	1.39
Other Current Liabilities	5.73	6.04	4.74	4.33	3.73	5.22
Total Current Liabilities	369.75	370.01	661.86	642.22	958.68	942.53
Long-Term Debt	855	855	892	1,026	1,134	1,242
Pension & Post-Retirement Benefits	-	-	5.72	5.97	6.33	6.69
Long-Term Deferred Tax Liabilities	508.81	517.05	450.69	357.42	339.87	422.5
Other Long-Term Liabilities	5.3	5.34	-	-	-	-
Total Liabilities	1,739	1,747	2,010	2,031	2,438	2,613
Common Stock	1,329	1,329	1,329	1,329	1,329	1,329
Additional Paid-In Capital	54.29	54.29	54.29	54.29	54.29	54.29
Retained Earnings	2,742	2,715	2,649	2,555	2,405	2,279
Comprehensive Income & Other	1,193	1,217	1,019	735.7	677.05	899.56
Shareholders' Equity	5,318	5,316	5,051	4,674	4,465	4,562
Total Liabilities & Equity	7,057	7,064	7,061	6,705	6,903	7,175
Total Debt	1,193	1,193	1,527	1,636	2,052	2,157
Net Cash (Debt)	299.32	166.62	92.89	-20.34	-145.31	-191.13
Net Cash Growth	58.35%	79.36%	-	-	-	-
Net Cash Per Share	0.24	0.13	0.07	-0.02	-0.11	-0.14
Filing Date Shares Outstanding	1,327	1,098	1,329	1,329	1,329	1,329
Total Common Shares Outstanding	1,327	1,098	1,329	1,329	1,329	1,329
Working Capital	1,505	1,466	1,364	1,344	1,313	1,397
Book Value Per Share	4.01	4.84	3.80	3.52	3.36	3.43
Tangible Book Value	5,318	5,316	5,051	4,674	4,465	4,562
Tangible Book Value Per Share	4.01	4.84	3.80	3.52	3.36	3.43
Buildings	-	-	111.93	111.93	322	137.72
Machinery	-	-	5.38	5.4	5.44	6.29

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