SHA:600237 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	430.43	457.96	616.73	435.15	352.36
Short-Term Investments	-	-	60	-	-
Trading Asset Securities	360.12	240	160.12	-	-
Cash & Short-Term Investments	790.54	697.96	836.86	435.15	352.36
Cash Growth	13.26%	-16.60%	92.31%	23.49%	20.47%
Accounts Receivable	602.14	513.1	456.2	443.25	432.77
Other Receivables	2.67	2.24	1.9	3.13	3.16
Receivables	604.81	515.35	458.09	446.37	435.94
Inventory	256.13	231.82	240.37	253.44	206.92
Prepaid Expenses	16.18	-	0.02	2.87	2.86
Other Current Assets	28.58	44.98	42.11	44.67	29.91
Total Current Assets	1,696	1,490	1,577	1,183	1,028
Property, Plant & Equipment	964.39	856.07	754.91	618.75	643.48
Other Intangible Assets	20.34	21.21	10.19	11.02	11.33
Long-Term Deferred Tax Assets	19.79	15.71	12.74	10.74	10.44
Long-Term Deferred Charges	1.49	1.77	2.41	3.02	0.79
Other Long-Term Assets	32.14	33.42	44.04	96.03	42.14
Total Assets	2,734	2,418	2,402	1,922	1,736
Accounts Payable	342	248.7	232.58	198.41	219.11
Accrued Expenses	154.12	126.58	112.89	71.16	47.74
Short-Term Debt	-	5	149.09	238.75	141.46
Current Portion of Long-Term Debt	-	-	-	2	-
Current Portion of Leases	-	1.13	0.89	1.71	2.04
Current Income Taxes Payable	-	18.12	2.03	1.93	1.66
Current Unearned Revenue	12.69	13.32	9.77	8.17	10.99
Other Current Liabilities	118.76	78.28	90.57	93.32	90.63
Total Current Liabilities	627.57	491.14	597.81	615.46	513.63
Long-Term Debt	66	-	-	1.5	-
Long-Term Leases	2.93	3.33	-	0.89	3.66
Long-Term Unearned Revenue	44.99	27.99	26.2	18.25	16.88
Long-Term Deferred Tax Liabilities	1.42	-	-	-	2.81
Total Liabilities	742.9	522.46	624.01	636.09	536.98
Common Stock	630.7	630.71	630.63	564.37	564.37
Additional Paid-In Capital	1,244	1,225	1,208	841.83	841.83
Retained Earnings	125.3	5.4	-90.33	-177.08	-251.03
Treasury Stock	-35.3	-35.32	-35.01	-	-
Comprehensive Income & Other	-3.04	-3.16	-4.94	-4.94	-4.94
Total Common Equity	1,962	1,823	1,708	1,224	1,150
Minority Interest	29.48	73.24	69.35	61.79	48.96
Shareholders' Equity	1,991	1,896	1,778	1,286	1,199
Total Liabilities & Equity	2,734	2,418	2,402	1,922	1,736
Total Debt	68.93	9.47	149.98	244.85	147.16
Net Cash (Debt)	721.62	688.5	686.88	190.3	205.21
Net Cash Growth	4.81%	0.24%	260.94%	-7.27%	537.40%
Net Cash Per Share	1.14	1.08	1.19	0.33	0.36
Filing Date Shares Outstanding	632.08	630.71	630.63	564.37	564.37
Total Common Shares Outstanding	632.08	630.71	630.63	564.37	564.37
Working Capital	1,069	998.97	979.64	567.05	514.36
Book Value Per Share	3.10	2.89	2.71	2.17	2.04
Tangible Book Value	1,942	1,801	1,698	1,213	1,139
Tangible Book Value Per Share	3.07	2.86	2.69	2.15	2.02
Buildings	-	386.87	380.06	328.91	335
Machinery	-	1,403	1,260	1,122	1,088
Construction In Progress	-	8.92	15.91	34.19	35.95

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