SHA:600207 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	629.04	498.15	612.76	1,827	725.61
Cash & Short-Term Investments	629.04	498.15	612.76	1,827	725.61
Cash Growth	26.28%	-18.70%	-66.47%	151.82%	127.27%
Accounts Receivable	1,260	1,268	1,705	1,055	516.35
Other Receivables	49.16	152.28	128.18	147.04	128.15
Receivables	1,309	1,420	1,833	1,202	644.51
Inventory	398.13	374.95	300.52	392.3	230.98
Prepaid Expenses	-	-	-	-	0.07
Other Current Assets	160.3	103.31	114.06	148.22	146.95
Total Current Assets	2,496	2,397	2,860	3,570	1,748
Property, Plant & Equipment	3,255	3,434	3,487	3,061	2,077
Long-Term Investments	74.34	83.82	88.85	71.58	68.44
Goodwill	-	4.12	-	-	-
Other Intangible Assets	341.56	364	328.6	329.81	327.04
Long-Term Deferred Tax Assets	2.69	57.32	14.85	11.08	7.17
Long-Term Deferred Charges	3.35	3.38	0.58	2.62	3.22
Other Long-Term Assets	58.91	213.93	196.65	343.08	389.52
Total Assets	6,232	6,557	6,977	7,389	4,621
Accounts Payable	640.78	738.51	681.02	637.08	347.38
Accrued Expenses	10.21	75.36	67.16	59.35	31.39
Short-Term Debt	495.01	254.68	912.4	1,169	1,446
Current Portion of Long-Term Debt	981.42	751.12	270.52	144.23	40.25
Current Portion of Leases	-	61.28	80.89	108.39	32.66
Current Income Taxes Payable	9.58	4.08	40.7	45.94	20.38
Current Unearned Revenue	37.96	37.32	70.28	54.64	77.2
Other Current Liabilities	428.03	341.01	432.19	474.1	339.18
Total Current Liabilities	2,603	2,263	2,555	2,693	2,334
Long-Term Debt	1,364	1,249	850.1	962.69	100
Long-Term Leases	11.19	87.67	196	418.92	179.38
Long-Term Unearned Revenue	69.33	67.85	54.75	55.09	56.82
Long-Term Deferred Tax Liabilities	3.32	3.4	1.94	0.42	-
Other Long-Term Liabilities	89.4	-	-	-	-
Total Liabilities	4,141	3,672	3,658	4,130	2,670
Common Stock	1,089	1,089	1,089	1,089	862.96
Additional Paid-In Capital	3,785	3,783	3,783	3,783	2,849
Retained Earnings	-2,858	-2,130	-1,776	-1,757	-1,835
Comprehensive Income & Other	9.44	7.94	13.64	9.15	6.22
Total Common Equity	2,025	2,751	3,110	3,125	1,884
Minority Interest	65.98	134.29	209.08	133.89	66.5
Shareholders' Equity	2,091	2,885	3,319	3,259	1,951
Total Liabilities & Equity	6,232	6,557	6,977	7,389	4,621
Total Debt	2,852	2,404	2,310	2,804	1,798
Net Cash (Debt)	-2,223	-1,906	-1,697	-976.27	-1,072
Net Cash Per Share	-2.04	-1.75	-1.56	-1.13	-1.24
Filing Date Shares Outstanding	1,089	1,089	1,089	1,089	862.96
Total Common Shares Outstanding	1,089	1,089	1,089	1,089	862.96
Working Capital	-106.82	133.22	305.3	876.58	-585.85
Book Value Per Share	1.86	2.53	2.86	2.87	2.18
Tangible Book Value	1,684	2,383	2,781	2,795	1,557
Tangible Book Value Per Share	1.55	2.19	2.55	2.57	1.80
Buildings	-	1,038	953.2	944.54	540.82
Machinery	-	2,800	2,403	2,407	1,374
Construction In Progress	-	352.91	817.19	296.79	754.24

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