SHA:600239 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	701.81	677.93	765.96	569.22	551.89
Trading Asset Securities	1.45	-	-	-	-
Cash & Short-Term Investments	703.25	677.93	765.96	569.22	551.89
Cash Growth	3.74%	-11.49%	34.56%	3.14%	-57.42%
Accounts Receivable	157.5	260.79	223.04	259.05	265.12
Other Receivables	287.37	496.5	735.21	668.02	1,364
Receivables	444.87	757.29	958.24	927.06	1,629
Inventory	1,924	1,483	1,756	1,989	17,301
Other Current Assets	94.89	51.6	45.16	1,276	535.07
Total Current Assets	3,167	2,970	3,526	4,761	20,018
Property, Plant & Equipment	1,690	2,231	2,563	2,664	2,723
Long-Term Investments	293.61	413.84	590.68	711.51	706.01
Other Intangible Assets	1.22	2.49	4.99	7.3	10.04
Long-Term Deferred Tax Assets	183.14	363.88	640.53	337.48	764.08
Long-Term Deferred Charges	32.25	35.74	33.67	57.85	221.54
Other Long-Term Assets	4,325	4,970	4,940	4,963	15,780
Total Assets	9,691	10,987	12,299	13,501	40,223
Accounts Payable	459.86	387.05	394.52	479.67	3,691
Accrued Expenses	37.35	1,079	1,985	1,724	4,024
Short-Term Debt	-	-	-	643.79	256.16
Current Portion of Long-Term Debt	2,343	2,099	-	-	3,186
Current Portion of Leases	-	416.84	423.09	370.07	170.46
Current Income Taxes Payable	175.46	28.28	25.53	16.15	130.22
Current Unearned Revenue	117.98	186.33	265.63	227	637.7
Other Current Liabilities	1,503	900.3	905.29	2,037	15,499
Total Current Liabilities	4,636	5,097	3,999	5,497	27,595
Long-Term Debt	1,935	1,994	3,436	3,401	7,514
Long-Term Leases	465.27	891.03	1,165	1,217	1,310
Long-Term Unearned Revenue	5.8	6.08	6.37	6.65	6.94
Pension & Post-Retirement Benefits	-	0.71	1.22	-	-
Long-Term Deferred Tax Liabilities	637.64	789.72	935.46	580.54	1,258
Other Long-Term Liabilities	267.46	117.44	432.49	275.97	48.2
Total Liabilities	7,947	8,897	9,975	10,979	37,731
Common Stock	1,606	1,606	1,606	1,606	1,606
Additional Paid-In Capital	4,642	4,642	4,642	4,642	2,983
Retained Earnings	-5,249	-4,964	-4,915	-4,839	-4,001
Comprehensive Income & Other	34.29	34.29	34.29	38.29	117.34
Total Common Equity	1,033	1,318	1,367	1,447	705.38
Minority Interest	710.97	772.71	956.36	1,075	1,787
Shareholders' Equity	1,744	2,091	2,324	2,522	2,492
Total Liabilities & Equity	9,691	10,987	12,299	13,501	40,223
Total Debt	4,743	5,401	5,024	5,633	12,436
Net Cash (Debt)	-4,039	-4,723	-4,258	-5,063	-11,884
Net Cash Per Share	-2.55	-2.86	-2.81	-3.14	-7.50
Filing Date Shares Outstanding	1,050	1,606	1,606	1,606	1,606
Total Common Shares Outstanding	1,050	1,606	1,606	1,606	1,606
Working Capital	-1,470	-2,127	-473.05	-736.17	-7,577
Book Value Per Share	0.98	0.82	0.85	0.90	0.44
Tangible Book Value	1,032	1,315	1,362	1,440	695.34
Tangible Book Value Per Share	0.98	0.82	0.85	0.90	0.43
Buildings	-	1,409	1,434	1,444	1,506
Machinery	-	58.71	58.4	58.5	70.3

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