SHA:600187 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	306.15	209.12	404.16	579.3	400.6
Trading Asset Securities	101.08	143	82.17	193.53	443.06
Accounts Receivable	308.67	237.47	402.21	331.97	279.27
Other Receivables	77.56	8.73	22.28	167.14	671.03
Inventory	111.04	121.46	104.17	106.67	111.68
Prepaid Expenses	-	-	-	0	0.01
Other Current Assets	319.12	594.23	14.91	98.28	1,075
Total Current Assets	1,224	1,314	1,030	1,477	2,981
Property, Plant & Equipment	126.43	133.01	134.02	143.91	210.1
Goodwill	-	-	-	10.12	11.21
Other Intangible Assets	431.15	425.45	833.43	1,026	1,082
Long-Term Investments	1,151	1,334	1,228	1,110	310.61
Long-Term Deferred Tax Assets	56.47	52.1	59.43	60.89	65.38
Long-Term Deferred Charges	3.45	5.45	13.34	12.08	11.96
Long-Term Accounts Receivable	-	53.64	55.66	47.09	-
Other Long-Term Assets	289.52	283.41	281.03	136.26	166.16
Total Assets	3,281	3,601	3,635	4,023	4,839
Accounts Payable	106.42	102.37	150.32	145.04	162.29
Accrued Expenses	3.72	28.71	28.28	31	37.8
Current Portion of Long-Term Debt	28.8	26.58	38.14	34.3	35.36
Current Unearned Revenue	1.02	3.11	4	10.29	12.36
Current Portion of Leases	-	0.62	1.01	1.14	1.7
Current Income Taxes Payable	11.25	4.38	2.26	3.31	3.78
Other Current Liabilities	116.75	166.57	20.82	367.58	961.06
Total Current Liabilities	267.96	332.34	244.83	592.66	1,214
Long-Term Debt	15.5	43.5	102.06	140.01	174.06
Long-Term Leases	2.49	0.29	0.53	1.57	4.65
Long-Term Unearned Revenue	2.12	2.34	101.58	105.08	108.17
Long-Term Deferred Tax Liabilities	1.98	1.45	1.7	1.54	6.94
Other Long-Term Liabilities	0.14	0.66	-	0.06	1.2
Total Liabilities	290.19	380.57	450.7	840.92	1,509
Common Stock	1,614	1,614	1,614	1,614	1,654
Additional Paid-In Capital	1,982	1,982	1,982	1,982	2,063
Retained Earnings	-510.24	-285.06	-328.64	-358.99	-244.92
Treasury Stock	-	-	-	-	-120.53
Comprehensive Income & Other	-126.55	-105.91	-95.44	-69.62	-40.23
Total Common Equity	2,959	3,205	3,172	3,168	3,311
Minority Interest	31.79	14.89	12.01	14.52	18.21
Shareholders' Equity	2,991	3,220	3,184	3,182	3,329
Total Liabilities & Equity	3,281	3,601	3,635	4,023	4,839
Total Debt	46.79	70.98	141.74	177.02	215.76
Net Cash (Debt)	360.44	281.14	344.59	595.81	627.9
Net Cash Growth	28.21%	-18.41%	-42.16%	-5.11%	68.33%
Net Cash Per Share	0.22	0.17	0.21	0.37	0.39
Filing Date Shares Outstanding	1,612	1,614	1,614	1,614	1,614
Total Common Shares Outstanding	1,612	1,614	1,614	1,614	1,614
Working Capital	955.67	981.67	785.07	884.23	1,767
Book Value Per Share	1.84	1.99	1.97	1.96	2.05
Tangible Book Value	2,528	2,780	2,339	2,132	2,218
Tangible Book Value Per Share	1.57	1.72	1.45	1.32	1.37
Buildings	-	134.24	142.94	142.94	143.83
Machinery	-	32.12	35.11	38.53	50.89
Construction In Progress	-	28.88	15.75	15.71	62.91

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