SHA:600211 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	2,327	1,648	1,860	1,140	764.41
Trading Asset Securities	1,123	976.62	515.34	792.49	537.87
Cash & Short-Term Investments	3,450	2,625	2,375	1,932	1,302
Cash Growth	31.44%	10.51%	22.92%	48.38%	66.22%
Accounts Receivable	917.49	732.82	856.71	625.68	632.32
Other Receivables	17.44	11.85	11.82	12.63	12.83
Receivables	934.93	744.67	868.52	638.31	645.15
Inventory	181.27	134.19	111.43	99.95	137.32
Prepaid Expenses	0.07	0.31	0.01	1.5	-
Other Current Assets	70.89	65.91	47.77	40.04	97.16
Total Current Assets	4,637	3,570	3,403	2,712	2,182
Property, Plant & Equipment	655.35	669.85	600.33	551.38	764.54
Long-Term Investments	425.5	132.94	116.62	129.75	130.25
Goodwill	84.01	8.88	8.88	8.88	8.88
Other Intangible Assets	300.78	184.09	202.46	416.48	411.66
Long-Term Deferred Tax Assets	132.52	151.05	115.48	71.34	67.16
Long-Term Deferred Charges	5.62	2.63	1.93	2.79	47.69
Other Long-Term Assets	26.3	27.99	138.79	206.96	190.57
Total Assets	6,267	4,747	4,587	4,100	3,803
Accounts Payable	31.9	13.5	5.51	14.37	13.22
Accrued Expenses	587.08	377.65	530.39	412.7	398.67
Short-Term Debt	840.34	272.17	499.99	486.1	534.66
Current Portion of Leases	0.85	0.92	0.88	1	2.13
Current Income Taxes Payable	29.03	25.5	45.31	27.13	22.13
Current Unearned Revenue	2.95	4.91	9.84	5.34	3.29
Other Current Liabilities	147.97	71.92	92.56	79.56	135.56
Total Current Liabilities	1,640	766.57	1,184	1,026	1,110
Long-Term Leases	0.15	0.3	1.13	1.14	1.86
Long-Term Unearned Revenue	28.11	27.36	25.85	27.53	30.5
Long-Term Deferred Tax Liabilities	25.46	1	2.29	14.01	15.61
Other Long-Term Liabilities	436.06	-	-	-	-
Total Liabilities	2,130	795.23	1,214	1,069	1,158
Common Stock	322.32	322.32	247.94	247.94	247.94
Additional Paid-In Capital	752.2	1,188	1,263	1,266	1,265
Retained Earnings	2,664	2,330	1,773	1,455	1,169
Comprehensive Income & Other	59.51	77.57	61.21	42.98	-51.42
Total Common Equity	3,798	3,918	3,345	3,012	2,630
Minority Interest	339.05	34.29	29.03	19.03	14.66
Shareholders' Equity	4,137	3,952	3,374	3,031	2,645
Total Liabilities & Equity	6,267	4,747	4,587	4,100	3,803
Total Debt	841.34	273.39	501.99	488.25	538.65
Net Cash (Debt)	2,609	2,351	1,873	1,444	763.63
Net Cash Growth	10.95%	25.54%	29.71%	89.11%	-1.22%
Net Cash Per Share	8.09	7.29	5.80	4.48	2.36
Filing Date Shares Outstanding	322.32	322.32	322.32	322.32	322.32
Total Common Shares Outstanding	322.32	322.32	322.32	322.32	322.32
Working Capital	2,997	2,803	2,218	1,686	1,072
Book Value Per Share	11.78	12.16	10.38	9.34	8.16
Tangible Book Value	3,414	3,725	3,133	2,586	2,210
Tangible Book Value Per Share	10.59	11.56	9.72	8.02	6.86
Buildings	535.52	530.79	462.4	389.99	439.89
Machinery	309.36	279.08	446.34	139.22	159.08
Construction In Progress	39.53	65.06	60.71	153.6	272.13

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