SHA:600222 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	181.53	223.59	180.04	196.67	311.38	380.55
Trading Asset Securities	-	100.02	80.02	153.3	74.96	285.67
Cash & Short-Term Investments	181.53	323.61	260.05	349.97	386.34	666.22
Cash Growth	-55.06%	24.44%	-25.69%	-9.41%	-42.01%	-4.11%
Accounts Receivable	1,386	1,319	1,137	1,056	1,038	744.71
Other Receivables	47.63	35.61	36.38	44.01	51.15	56.44
Receivables	1,434	1,355	1,173	1,100	1,089	801.15
Inventory	462.7	353.83	367.67	455.5	450.49	381.85
Other Current Assets	109.28	108.96	105.35	87.88	105.03	94.49
Total Current Assets	2,187	2,141	1,906	1,993	2,031	1,944
Property, Plant & Equipment	475.72	487.21	501.82	529.65	551.13	539.58
Long-Term Investments	473.61	472.61	526.67	520.38	490.93	825.63
Goodwill	286.49	286.49	286.49	286.49	286.49	286.49
Other Intangible Assets	48.33	49.9	51.17	52.5	48.11	53.1
Long-Term Deferred Tax Assets	98.82	97.97	113.2	94.24	95.38	52.4
Long-Term Deferred Charges	55.1	56.04	52.8	49.81	54.23	35.81
Other Long-Term Assets	50.1	50.1	51.55	50.71	49.08	47.05
Total Assets	3,675	3,642	3,490	3,577	3,607	3,784
Accounts Payable	339.63	342.59	294.89	470.29	548.89	355.65
Accrued Expenses	8.42	37.99	28.26	24.27	32.22	22.45
Short-Term Debt	609.81	507.49	663.42	381.84	404.87	973.58
Current Portion of Long-Term Debt	110.78	165.1	270.07	89.76	4.22	158.74
Current Portion of Leases	-	12.01	46.29	35.35	26.89	-
Current Income Taxes Payable	8.27	1.25	1.28	2.53	21.86	3.7
Current Unearned Revenue	3.39	2.63	6.54	11.62	88.26	49.47
Other Current Liabilities	656.54	804.56	483.76	634.5	598.82	86.09
Total Current Liabilities	1,737	1,874	1,795	1,650	1,726	1,650
Long-Term Debt	221.54	61.76	3.02	183.8	192.8	20.37
Long-Term Leases	32.72	24.22	42.04	89.29	37.14	72.06
Long-Term Unearned Revenue	2.35	2.44	2.78	3.26	1.71	-
Long-Term Deferred Tax Liabilities	17.62	16.94	21.16	25.36	33.26	132.42
Other Long-Term Liabilities	-	-	-	1.62	1.62	131.62
Total Liabilities	2,011	1,979	1,864	1,953	1,993	2,006
Common Stock	573.89	573.89	573.89	573.89	573.89	573.89
Additional Paid-In Capital	675.15	675.15	675.17	675.17	675.17	588.14
Retained Earnings	406.04	403.44	316.01	281.01	237.46	232.15
Treasury Stock	-109.8	-109.8	-101.01	-79.72	-37.66	-48.7
Comprehensive Income & Other	60.96	61.67	110.67	128.15	121.56	315.04
Total Common Equity	1,606	1,604	1,575	1,578	1,570	1,661
Minority Interest	57.9	58.19	51.51	44.89	43.62	117.13
Shareholders' Equity	1,664	1,663	1,626	1,623	1,614	1,778
Total Liabilities & Equity	3,675	3,642	3,490	3,577	3,607	3,784
Total Debt	974.84	770.59	1,025	780.03	665.92	1,225
Net Cash (Debt)	-793.31	-446.98	-764.79	-430.07	-279.58	-558.53
Net Cash Per Share	-1.43	-0.81	-1.37	-0.76	-0.50	-1.00
Filing Date Shares Outstanding	553.44	552.92	554.67	559.36	566.69	563.04
Total Common Shares Outstanding	553.44	552.92	554.67	559.36	566.69	563.04
Working Capital	450.21	267.58	111.55	342.93	305.21	294.03
Book Value Per Share	2.90	2.90	2.84	2.82	2.77	2.95
Tangible Book Value	1,271	1,268	1,237	1,239	1,236	1,321
Tangible Book Value Per Share	2.30	2.29	2.23	2.22	2.18	2.35
Buildings	-	558.12	556.93	543.26	534.9	520.76
Machinery	-	374.14	361.45	341.92	316.19	281.14
Construction In Progress	-	26.59	29.2	28.9	31.1	33.02

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