SHA:600217 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	900.83	701.29	884.92	822.12	898.47	1,189
Trading Asset Securities	-	150	200	-	-	-
Cash & Short-Term Investments	900.83	851.29	1,085	822.12	898.47	1,189
Cash Growth	-29.48%	-21.53%	31.96%	-8.50%	-24.40%	59.16%
Accounts Receivable	3,098	3,578	5,215	5,254	4,774	4,600
Other Receivables	20.48	10.79	89.62	79.19	72.86	54.81
Receivables	3,119	3,589	5,305	5,333	4,847	4,655
Inventory	150.89	87.78	172.03	113.92	373.33	223.71
Prepaid Expenses	-	-	3.36	0.22	-	-
Other Current Assets	25.51	29.1	11.58	27.36	67.73	95.93
Total Current Assets	4,196	4,557	6,576	6,297	6,186	6,163
Property, Plant & Equipment	840.78	863.02	774.1	799.66	688.55	644
Long-Term Investments	58.99	67.49	73.6	81.84	85.94	110.16
Goodwill	10.48	10.48	35.83	35.83	35.83	35.83
Other Intangible Assets	307.97	315.62	206.7	212.15	217.8	156.92
Long-Term Deferred Tax Assets	0.3	0.2	59.74	89.74	79.03	41.23
Long-Term Deferred Charges	3.3	3.47	4.14	3.63	0.4	0.82
Other Long-Term Assets	18.02	5.54	73.92	36.8	37.43	38.06
Total Assets	5,436	5,823	7,805	7,557	7,331	7,190
Accounts Payable	184.95	113.8	225.13	200.26	202.75	275.59
Accrued Expenses	30.97	33.65	86.22	68.07	92.51	109.19
Short-Term Debt	30.02	400.24	1,013	1,199	973.91	2,442
Current Portion of Long-Term Debt	316.05	169.95	2,038	862.39	351.24	203.62
Current Portion of Leases	-	-	9.08	0.15	13.88	12.89
Current Income Taxes Payable	56.11	47.48	133.39	150.66	89.13	92.18
Current Unearned Revenue	5.1	6.76	6.33	8.14	22.87	30.7
Other Current Liabilities	40.99	36.02	54.84	44	34.48	38.2
Total Current Liabilities	664.18	807.89	3,565	2,533	1,781	3,204
Long-Term Debt	1,800	2,025	662.61	2,283	2,292	546.38
Long-Term Leases	7.29	8.74	9.87	0.61	0.78	13.51
Long-Term Unearned Revenue	103.23	106.11	99.1	110.87	83.33	56.08
Long-Term Deferred Tax Liabilities	5.86	6.37	7	7.87	11.5	7.77
Other Long-Term Liabilities	4.77	4.77	6.99	4.77	611.71	861.37
Total Liabilities	2,585	2,959	4,351	4,940	4,780	4,689
Common Stock	1,108	1,108	1,108	838.88	838.88	838.88
Additional Paid-In Capital	602.86	602.86	602.86	-	-	-
Retained Earnings	1,138	1,151	1,736	1,765	1,699	1,649
Total Common Equity	2,848	2,862	3,447	2,604	2,538	2,488
Minority Interest	1.76	1.98	6.78	13.1	13.01	13.16
Shareholders' Equity	2,850	2,864	3,454	2,617	2,551	2,501
Total Liabilities & Equity	5,436	5,823	7,805	7,557	7,331	7,190
Total Debt	2,153	2,604	3,732	4,345	3,632	3,218
Net Cash (Debt)	-1,253	-1,752	-2,647	-3,523	-2,734	-2,030
Net Cash Per Share	-0.76	-1.06	-1.79	-2.54	-1.97	-1.46
Filing Date Shares Outstanding	1,661	1,657	1,658	1,389	1,389	1,389
Total Common Shares Outstanding	1,661	1,657	1,658	1,389	1,389	1,389
Working Capital	3,532	3,749	3,011	3,764	4,405	2,959
Book Value Per Share	1.72	1.73	2.08	1.88	1.83	1.79
Tangible Book Value	2,530	2,536	3,204	2,356	2,284	2,295
Tangible Book Value Per Share	1.52	1.53	1.93	1.70	1.64	1.65
Buildings	-	-	797.52	791.85	608.89	587.87
Machinery	-	-	523.87	512.21	456.96	428.53
Construction In Progress	-	-	31.06	24.8	103.26	37.97

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