SHA:600250 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

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	408.62	458.7	418.26	360.52	378.98	439.28
Trading Asset Securities	70	20.01	45.05	20.01	10.03	20.1
Cash & Short-Term Investments	478.62	478.71	463.31	380.53	389.01	459.38
Cash Growth	-33.00%	3.33%	21.75%	-2.18%	-15.32%	-23.79%
Accounts Receivable	154.84	161.23	124.02	104.59	106.41	132.45
Other Receivables	19.02	21.81	41.18	10.94	11.29	10.17
Receivables	173.86	183.04	165.19	115.54	117.7	142.62
Inventory	46.06	48.02	55.41	33.97	42.08	54.32
Other Current Assets	51.66	47.87	59.12	53.34	61.85	36.57
Total Current Assets	750.2	757.64	743.03	583.37	610.64	692.9
Property, Plant & Equipment	172.03	176.9	181.9	200.67	198.99	203.68
Long-Term Investments	481.98	476.69	485.37	498.6	515.47	713.35
Goodwill	63.7	63.7	65.05	65.05	63.7	71.52
Other Intangible Assets	208.59	213.19	231.11	243.38	257.61	275.25
Long-Term Accounts Receivable	-	1.35	2.1	2.83	1.19	-
Long-Term Deferred Tax Assets	37.39	36.19	33.39	33.87	7.26	4.14
Long-Term Deferred Charges	52.27	54.72	55.32	41.07	35.81	43.44
Other Long-Term Assets	7.54	6.39	9.48	5.71	10.68	16.22
Total Assets	1,774	1,787	1,807	1,675	1,701	2,021

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
Accounts Payable	214.87	271.86	282.6	207.79	302	430.42
Accrued Expenses	8.56	27.63	31.82	29.69	21.19	25.64
Short-Term Debt	119.05	95.07	295.26	275.27	245.26	336.2
Current Portion of Long-Term Debt	5.6	6.93	15.58	10.3	14	14
Current Portion of Leases	-	5.59	6.93	6.44	4.5	4.29
Current Income Taxes Payable	9.06	3.74	6.5	10.67	5.64	6.8
Current Unearned Revenue	31.68	18.42	19.35	15.76	27.34	27.53
Other Current Liabilities	66.05	61.51	69.34	81.52	80.02	93.23
Total Current Liabilities	454.87	490.76	727.37	637.45	699.95	938.11
Long-Term Debt	300	300	63.05	44.7	79	93
Long-Term Leases	103.61	104.91	109.97	116.89	120.17	124.67
Long-Term Deferred Tax Liabilities	78.65	78.49	85.32	90.2	66.87	71.1
Other Long-Term Liabilities	3.69	3.69	3.69	3.69	3.69	3.69
Total Liabilities	940.82	977.85	989.4	892.93	969.68	1,231

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
Common Stock	312.79	310.59	310.59	310.59	310.59	310.59
Additional Paid-In Capital	271.49	263.03	262.77	263.19	261.32	314.93
Retained Earnings	299.17	294.56	285.72	236.06	201.92	159.7
Comprehensive Income & Other	-258.87	-258.87	-255.68	-242.11	-220.81	-168.93
Total Common Equity	624.58	609.31	603.41	567.73	553.02	616.3
Minority Interest	208.31	199.63	213.95	213.89	178.65	173.63
Shareholders' Equity	832.89	808.93	817.36	781.61	731.67	789.93
Total Liabilities & Equity	1,774	1,787	1,807	1,675	1,701	2,021

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
Total Debt	528.26	512.5	490.78	453.61	462.93	572.16
Net Cash (Debt)	-49.63	-33.79	-27.47	-73.08	-73.92	-112.77
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.15	-0.11	-0.09	-0.21	-0.19	-0.36
Filing Date Shares Outstanding	461.43	310.59	310.59	310.59	310.59	310.59
Total Common Shares Outstanding	461.43	310.59	310.59	310.59	310.59	310.59
Working Capital	295.33	266.89	15.66	-54.09	-89.31	-245.21
Book Value Per Share	1.35	1.96	1.94	1.83	1.78	1.98
Tangible Book Value	352.29	332.41	307.24	259.29	231.71	269.53
Tangible Book Value Per Share	0.76	1.07	0.99	0.83	0.75	0.87
Buildings	-	70.66	71.82	71.88	71.88	71.88
Machinery	-	169.32	156.75	157.99	21.57	132.36
Construction In Progress	-	-	0.16	-	-	-