SHA:600197 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	1,087	685.05	365.91	579.95	730.89	1,027
Short-Term Investments	-	-	-	-	-	200
Cash & Short-Term Investments	1,087	685.05	365.91	579.95	730.89	1,227
Cash Growth	165.11%	87.22%	-36.91%	-20.65%	-40.45%	-1.59%
Accounts Receivable	309.5	102.57	61.91	117.41	100.88	140.36
Other Receivables	28.81	68.91	22.91	23.43	40.54	48.68
Receivables	338.31	171.48	84.81	140.85	141.42	189.03
Inventory	2,503	2,513	2,242	1,893	1,661	1,361
Other Current Assets	104.03	189.12	77.46	91.44	59.76	105.14
Total Current Assets	4,032	3,559	2,770	2,706	2,593	2,882
Property, Plant & Equipment	1,947	1,978	1,932	1,905	1,764	1,732
Long-Term Investments	179.73	209.27	201.54	200.48	200.52	201.11
Other Intangible Assets	80.86	81.5	82.81	86.11	84.98	98.7
Long-Term Deferred Tax Assets	159.2	163.43	48.52	14.63	19.76	19.92
Long-Term Deferred Charges	3.03	3.17	5.53	3.44	7.82	5.78
Other Long-Term Assets	29.68	1.87	2.92	19.81	15.93	1.72
Total Assets	6,432	5,996	5,043	4,935	4,686	4,942
Accounts Payable	463.15	372.03	309.87	394.2	255.35	387.22
Accrued Expenses	78.56	183.7	176.61	190.69	239.08	253.1
Short-Term Debt	587.21	1,158	55.69	-	-	-
Current Portion of Leases	3.49	3.58	3.39	0.44	0.37	-
Current Income Taxes Payable	147.82	49.55	93.35	50.61	41.21	60.85
Current Unearned Revenue	34.19	41.16	55.14	73.23	79.61	83.85
Other Current Liabilities	576.4	254.9	146.85	119.28	117.85	147.8
Total Current Liabilities	1,891	2,063	840.91	828.45	733.47	932.82
Long-Term Debt	502.56	-	260.21	190.44	190.6	190.74
Long-Term Leases	2.52	2.79	4.45	1.01	-	-
Long-Term Unearned Revenue	33.31	33.87	7.77	11.01	9.05	11.54
Long-Term Deferred Tax Liabilities	2.15	2.39	2.02	0.51	0.17	-
Other Long-Term Liabilities	-	-	-	0.1	0.12	0.2
Total Liabilities	2,431	2,102	1,115	1,032	933.41	1,135
Common Stock	473.17	473.17	472.02	471.97	471.96	471.95
Additional Paid-In Capital	781.52	781.52	748.87	782	776.27	769.12
Retained Earnings	2,726	2,621	2,618	2,516	2,370	2,398
Comprehensive Income & Other	0.31	0.28	35.17	49.31	49.19	49.22
Total Common Equity	3,981	3,876	3,874	3,819	3,667	3,688
Minority Interest	19.27	18.01	53.99	84.44	85.25	118.44
Shareholders' Equity	4,000	3,894	3,928	3,904	3,752	3,807
Total Liabilities & Equity	6,432	5,996	5,043	4,935	4,686	4,942
Total Debt	1,096	1,164	323.74	191.89	190.96	190.74
Net Cash (Debt)	-8.81	-479.2	42.17	388.06	539.92	1,037
Net Cash Growth	-	-	-89.13%	-28.13%	-47.91%	4.74%
Net Cash Per Share	-0.02	-1.01	0.09	0.82	1.14	2.19
Filing Date Shares Outstanding	473.17	473.17	472.02	471.97	471.96	471.95
Total Common Shares Outstanding	473.17	473.17	472.02	471.97	471.96	471.95
Working Capital	2,141	1,496	1,929	1,877	1,859	1,950
Book Value Per Share	8.41	8.19	8.21	8.09	7.77	7.81
Tangible Book Value	3,900	3,795	3,791	3,733	3,582	3,590
Tangible Book Value Per Share	8.24	8.02	8.03	7.91	7.59	7.61
Buildings	-	2,121	1,939	1,711	1,647	1,589
Machinery	-	666.71	651.4	602.91	597.34	596.19
Construction In Progress	-	2.84	23.11	175.92	57.87	11.39