SHA:600223 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	2,873	2,895	2,948	1,734	4,318	5,139
Cash & Short-Term Investments	2,873	2,895	2,948	1,734	4,318	5,139
Cash Growth	1.21%	-1.79%	70.04%	-59.85%	-15.97%	1.27%
Accounts Receivable	544.27	509.05	511.85	599.06	428.31	306.23
Other Receivables	42.71	47.67	31.67	3,062	1,307	1,226
Receivables	586.97	556.72	543.52	3,661	1,740	1,532
Inventory	452.23	437.16	558.71	525.44	46,047	48,204
Prepaid Expenses	-	0	0.08	-	491.91	608.15
Other Current Assets	151.45	94.07	93.47	64.02	3,032	3,187
Total Current Assets	4,064	3,983	4,144	5,984	55,629	58,670
Property, Plant & Equipment	1,183	1,199	1,192	1,203	1,382	1,345
Long-Term Investments	199.65	187.84	168.53	191.76	926.97	874.1
Goodwill	153.74	153.74	153.74	153.74	155.59	160.33
Other Intangible Assets	167.73	168.02	163.22	148.7	196.5	210.1
Long-Term Deferred Tax Assets	28.71	27.61	29.82	23.66	105.04	101.25
Long-Term Deferred Charges	85.66	84.04	91.11	53.96	52.34	40.51
Other Long-Term Assets	48.17	54.26	58.73	58.26	26.22	13.92
Total Assets	5,930	5,858	6,000	7,818	58,474	61,415
Accounts Payable	287.49	289.39	413.35	452.98	9,266	8,694
Accrued Expenses	54.62	139.48	136.53	127.32	1,003	948.47
Short-Term Debt	161.01	121.05	212.12	705.22	2,270	3,219
Current Portion of Long-Term Debt	4.99	1.01	12.51	790.34	3,222	2,307
Current Portion of Leases	-	4.59	9.21	8.16	5.68	1.99
Current Income Taxes Payable	44.44	19.08	16.35	9.52	26.59	18.81
Current Unearned Revenue	109.23	112.01	122.97	108.44	17,869	21,686
Other Current Liabilities	220.54	159.52	183.3	199.78	16,944	14,217
Total Current Liabilities	882.31	846.13	1,106	2,402	50,606	51,093
Long-Term Debt	6	6	44.55	665.04	2,215	3,751
Long-Term Leases	3.8	4.29	7.53	12.98	21.37	7.69
Long-Term Unearned Revenue	51.08	51.81	51.23	55.18	55.63	59.17
Long-Term Deferred Tax Liabilities	1.82	1.89	2.31	2.73	8.55	5.24
Total Liabilities	945.01	910.12	1,212	3,138	52,907	54,916
Common Stock	1,017	1,017	1,017	1,017	1,017	1,009
Additional Paid-In Capital	614.02	614.02	612.86	612.51	617.8	616.38
Retained Earnings	2,634	2,602	2,475	2,385	2,082	2,202
Comprehensive Income & Other	-	-	-	0.29	0.33	900
Total Common Equity	4,265	4,233	4,105	4,015	3,717	4,727
Minority Interest	720.58	714.95	683.47	665.37	1,850	1,773
Shareholders' Equity	4,985	4,948	4,788	4,680	5,567	6,500
Total Liabilities & Equity	5,930	5,858	6,000	7,818	58,474	61,415
Total Debt	175.8	136.94	285.92	2,182	7,735	9,287
Net Cash (Debt)	2,697	2,758	2,662	-448.16	-3,417	-4,149
Net Cash Growth	7.65%	3.62%	-	-	-	-
Net Cash Per Share	2.56	2.64	2.62	-0.44	-3.01	-4.01
Filing Date Shares Outstanding	1,063	1,017	1,017	1,017	1,017	1,009
Total Common Shares Outstanding	1,063	1,017	1,017	1,017	1,017	1,009
Working Capital	3,181	3,137	3,037	3,583	5,023	7,577
Book Value Per Share	4.01	4.16	4.04	3.95	3.66	3.79
Tangible Book Value	3,943	3,911	3,788	3,712	3,365	4,357
Tangible Book Value Per Share	3.71	3.85	3.73	3.65	3.31	3.43
Buildings	-	1,089	1,045	917	1,312	1,294
Machinery	-	738.73	681.06	620.81	604.52	551.66
Construction In Progress	-	13.99	16.12	131.36	72.95	40.99

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