SHA:600195 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	1,873	1,091	1,493	875.16	1,230
Trading Asset Securities	351.47	-	-	-	-
Cash & Short-Term Investments	2,225	1,091	1,493	875.16	1,230
Cash Growth	103.84%	-26.89%	70.59%	-28.85%	-8.78%
Accounts Receivable	787.93	1,352	1,091	1,153	633.92
Other Receivables	30.55	30.64	55.79	28.15	34.36
Receivables	818.48	1,383	1,147	1,181	668.28
Inventory	942.65	934.84	1,094	1,062	879.09
Other Current Assets	312.21	110.96	86	169.6	62.53
Total Current Assets	4,298	3,520	3,820	3,288	2,840
Property, Plant & Equipment	3,144	3,529	3,317	2,940	2,746
Long-Term Investments	1,120	895.45	826.41	840.63	962.77
Goodwill	42.3	42.3	42.3	-	-
Other Intangible Assets	514.62	646.46	689.24	668.01	659.9
Long-Term Deferred Tax Assets	30.81	33.42	41.43	55.8	61.5
Long-Term Deferred Charges	145.4	132.06	134.54	77.06	99.94
Other Long-Term Assets	50.69	44.85	75.01	67.31	66.44
Total Assets	9,345	8,844	8,946	7,937	7,437
Accounts Payable	947.93	670.62	416.88	388.22	413.48
Accrued Expenses	88.79	117.2	173.52	120.01	327.88
Short-Term Debt	462.3	369.06	473.34	301.94	147.72
Current Portion of Long-Term Debt	283.22	6.33	4.89	4.4	-
Current Portion of Leases	-	4.51	1.4	-	-
Current Income Taxes Payable	24.29	12.56	11.12	44.89	16.28
Current Unearned Revenue	154.46	175.06	171.65	157.12	157.78
Other Current Liabilities	485.2	275.11	185.46	414.21	288.14
Total Current Liabilities	2,446	1,630	1,438	1,431	1,351
Long-Term Debt	299.63	661.04	899.03	34.22	78.22
Long-Term Leases	1.07	4.48	2.22	1.19	5.81
Long-Term Unearned Revenue	17.3	20.63	22.14	21.67	51.33
Long-Term Deferred Tax Liabilities	17.56	18.73	24.08	16.81	17.17
Other Long-Term Liabilities	3.55	9.21	19.83	91.2	58.94
Total Liabilities	2,785	2,345	2,406	1,596	1,563
Common Stock	1,021	1,021	1,021	1,021	1,016
Additional Paid-In Capital	569.62	554.58	554.58	567.9	540.9
Retained Earnings	4,017	3,869	3,920	3,701	3,305
Comprehensive Income & Other	62.97	60.05	25.05	6.15	52.01
Total Common Equity	5,671	5,505	5,521	5,296	4,913
Minority Interest	889.37	994.41	1,020	1,046	960.37
Shareholders' Equity	6,560	6,499	6,541	6,342	5,874
Total Liabilities & Equity	9,345	8,844	8,946	7,937	7,437
Total Debt	1,046	1,045	1,381	341.75	231.75
Net Cash (Debt)	1,179	46.06	112.07	533.42	998.28
Net Cash Growth	2458.94%	-58.90%	-78.99%	-46.57%	-13.90%
Net Cash Per Share	1.15	0.05	0.11	0.52	0.98
Filing Date Shares Outstanding	1,021	1,021	1,021	1,021	1,016
Total Common Shares Outstanding	1,021	1,021	1,021	1,021	1,016
Working Capital	1,852	1,890	2,382	1,858	1,489
Book Value Per Share	5.56	5.39	5.41	5.19	4.84
Tangible Book Value	5,114	4,816	4,789	4,628	4,254
Tangible Book Value Per Share	5.01	4.72	4.69	4.53	4.19
Buildings	-	2,478	2,314	1,972	1,823
Machinery	-	2,918	2,557	2,409	2,193
Construction In Progress	-	225.84	330.24	260.81	275.72

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