SHA:600237 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	491.84	430.43	457.96	616.73	435.15	352.36
Short-Term Investments	-	-	-	60	-	-
Trading Asset Securities	360.07	360.12	240	160.12	-	-
Cash & Short-Term Investments	851.92	790.54	697.96	836.86	435.15	352.36
Cash Growth	25.79%	13.26%	-16.60%	92.31%	23.49%	20.47%
Accounts Receivable	550.12	602.14	513.1	456.2	443.25	432.77
Other Receivables	13.67	2.67	2.24	1.9	3.13	3.16
Receivables	563.79	604.81	515.35	458.09	446.37	435.94
Inventory	258.26	256.13	231.82	240.37	253.44	206.92
Prepaid Expenses	-	-	-	0.02	2.87	2.86
Other Current Assets	38.54	44.77	44.98	42.11	44.67	29.91
Total Current Assets	1,713	1,696	1,490	1,577	1,183	1,028
Property, Plant & Equipment	927.63	964.39	856.07	754.91	618.75	643.48
Other Intangible Assets	20.33	20.34	21.21	10.19	11.02	11.33
Long-Term Deferred Tax Assets	20.77	19.79	15.71	12.74	10.74	10.44
Long-Term Deferred Charges	1.32	1.49	1.77	2.41	3.02	0.79
Other Long-Term Assets	44.12	32.14	33.42	44.04	96.03	42.14
Total Assets	2,727	2,734	2,418	2,402	1,922	1,736
Accounts Payable	249.45	342	248.7	232.58	198.41	219.11
Accrued Expenses	111.53	162.31	126.58	112.89	71.16	47.74
Short-Term Debt	80	-	5	149.09	238.75	141.46
Current Portion of Long-Term Debt	5.09	4.05	-	-	2	-
Current Portion of Leases	-	1	1.13	0.89	1.71	2.04
Current Income Taxes Payable	26.9	26.95	18.12	2.03	1.93	1.66
Current Unearned Revenue	16.08	12.69	13.32	9.77	8.17	10.99
Other Current Liabilities	90.27	78.58	78.28	90.57	93.32	90.63
Total Current Liabilities	579.32	627.57	491.14	597.81	615.46	513.63
Long-Term Debt	66	66	-	-	1.5	-
Long-Term Leases	1.63	2.93	3.33	-	0.89	3.66
Long-Term Unearned Revenue	46.1	44.99	27.99	26.2	18.25	16.88
Long-Term Deferred Tax Liabilities	0.98	1.42	-	-	-	2.81
Total Liabilities	694.02	742.9	522.46	624.01	636.09	536.98
Common Stock	630.49	630.7	630.71	630.63	564.37	564.37
Additional Paid-In Capital	1,245	1,244	1,225	1,208	841.83	841.83
Retained Earnings	149.86	125.3	5.4	-90.33	-177.08	-251.03
Treasury Stock	-22.97	-35.3	-35.32	-35.01	-	-
Comprehensive Income & Other	-0.59	-3.04	-3.16	-4.94	-4.94	-4.94
Total Common Equity	2,002	1,962	1,823	1,708	1,224	1,150
Minority Interest	30.48	29.48	73.24	69.35	61.79	48.96
Shareholders' Equity	2,033	1,991	1,896	1,778	1,286	1,199
Total Liabilities & Equity	2,727	2,734	2,418	2,402	1,922	1,736
Total Debt	152.72	73.97	9.47	149.98	244.85	147.16
Net Cash (Debt)	699.2	716.57	688.5	686.88	190.3	205.21
Net Cash Growth	20.19%	4.08%	0.24%	260.94%	-7.27%	537.40%
Net Cash Per Share	1.11	1.14	1.08	1.19	0.33	0.36
Filing Date Shares Outstanding	630.43	630.7	630.71	630.63	564.37	564.37
Total Common Shares Outstanding	630.43	630.7	630.71	630.63	564.37	564.37
Working Capital	1,133	1,069	998.97	979.64	567.05	514.36
Book Value Per Share	3.18	3.11	2.89	2.71	2.17	2.04
Tangible Book Value	1,982	1,942	1,801	1,698	1,213	1,139
Tangible Book Value Per Share	3.14	3.08	2.86	2.69	2.15	2.02
Buildings	-	428.95	386.87	380.06	328.91	335
Machinery	-	1,423	1,403	1,260	1,122	1,088
Construction In Progress	-	124.21	8.92	15.91	34.19	35.95

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