SHA:600113 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	576.44	769.22	935.97	588.57	397.25
Cash & Short-Term Investments	576.44	769.22	935.97	588.57	397.25
Cash Growth	-25.06%	-17.82%	59.03%	48.16%	56.98%
Accounts Receivable	51.78	32.25	26.59	36.16	28.35
Other Receivables	74.37	81.66	67.46	510.96	844.13
Receivables	126.15	113.91	94.05	547.12	872.48
Inventory	389.92	521.47	570.39	107.96	340.73
Prepaid Expenses	9.14	9.49	9.19	0.02	5.01
Other Current Assets	203.22	48.03	40.49	1.25	20.36
Total Current Assets	1,305	1,462	1,650	1,245	1,636
Property, Plant & Equipment	525.76	498.07	442.43	353.55	350.41
Long-Term Investments	414.77	402.69	395.57	385.95	369.38
Goodwill	7.68	7.95	7.98	-	-
Other Intangible Assets	374.21	387.23	400.57	389.22	341.02
Long-Term Deferred Tax Assets	43.28	31.68	24.85	16.13	4.95
Long-Term Deferred Charges	20.89	18.17	20.06	17.18	12.91
Other Long-Term Assets	850.35	800.57	794.92	461.57	342.69
Total Assets	3,542	3,609	3,736	2,869	3,057
Accounts Payable	212.59	284.12	307.77	117.93	141.08
Accrued Expenses	89.47	84.21	83.48	81.56	33.77
Short-Term Debt	38.94	28.38	13.01	0.13	1.4
Current Portion of Long-Term Debt	44.15	119.16	118.92	1	1
Current Portion of Leases	13.22	10.9	12.85	15.85	12.41
Current Income Taxes Payable	48.16	60.84	164.55	218.78	219.38
Current Unearned Revenue	103.87	110.08	121.04	43.19	251.12
Other Current Liabilities	118.89	111.91	108.62	52.29	90.75
Total Current Liabilities	669.3	809.6	930.23	530.73	750.92
Long-Term Debt	60.04	103.79	162.74	1.5	52.62
Long-Term Leases	40.49	44.24	52.25	40.49	55.22
Long-Term Unearned Revenue	74	56.67	57.83	8.98	11.4
Long-Term Deferred Tax Liabilities	13.82	43.88	49.08	42.61	28.77
Total Liabilities	857.64	1,058	1,252	624.32	898.93
Common Stock	415.33	418.39	421.53	411.43	411.43
Additional Paid-In Capital	427.36	385.79	379.28	342.48	342.48
Retained Earnings	1,724	1,629	1,569	1,412	1,351
Treasury Stock	-13.33	-24.62	-37.57	-	-
Total Common Equity	2,553	2,408	2,333	2,166	2,105
Minority Interest	131.19	141.93	151.67	78.55	52.91
Shareholders' Equity	2,684	2,550	2,484	2,244	2,158
Total Liabilities & Equity	3,542	3,609	3,736	2,869	3,057
Total Debt	196.85	306.47	359.77	58.97	122.65
Net Cash (Debt)	379.59	462.75	576.2	529.59	274.6
Net Cash Growth	-17.97%	-19.69%	8.80%	92.86%	55.11%
Net Cash Per Share	0.92	1.20	1.36	1.29	0.67
Filing Date Shares Outstanding	421.18	276.17	421.53	411.43	411.43
Total Common Shares Outstanding	421.18	276.17	421.53	411.43	411.43
Working Capital	635.56	652.53	719.87	714.18	884.91
Book Value Per Share	6.06	8.72	5.53	5.26	5.12
Tangible Book Value	2,171	2,013	1,924	1,776	1,764
Tangible Book Value Per Share	5.15	7.29	4.56	4.32	4.29
Buildings	467.65	448.12	447.03	378.98	375.01
Machinery	80.98	70.13	65.38	40.49	32.11
Construction In Progress	151.59	127.61	39.6	33.51	6.35

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