SHA:600255 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	535.03	672.88	783.77	699.98	840.04	810.47
Cash & Short-Term Investments	535.03	672.88	783.77	699.98	840.04	810.47
Cash Growth	-29.66%	-14.15%	11.97%	-16.67%	3.65%	-10.35%
Accounts Receivable	839.36	753.81	607.71	505.88	409.93	432.33
Other Receivables	46.17	49.34	16.71	16.23	9.44	15.58
Receivables	885.53	803.16	624.42	522.11	419.37	447.91
Inventory	885.3	828.73	712.56	518.72	584.78	565.75
Prepaid Expenses	-	0	0	-	-	-
Other Current Assets	72.64	83.87	77.77	88.82	157.58	118.72
Total Current Assets	2,379	2,389	2,199	1,830	2,002	1,943
Property, Plant & Equipment	1,655	1,658	1,608	1,561	1,416	960.84
Long-Term Investments	293.83	294.23	293.57	291.17	291.18	293.17
Other Intangible Assets	55.8	56.23	58.19	84.44	86.88	57.07
Long-Term Deferred Tax Assets	20.56	18.75	28.74	25.97	19.52	5.42
Long-Term Deferred Charges	3.21	3.5	2.82	3.15	-	-
Other Long-Term Assets	33.53	46.52	18.99	50.36	43.39	105.97
Total Assets	4,441	4,465	4,209	3,846	3,858	3,365
Accounts Payable	1,039	1,232	1,276	1,172	1,177	1,002
Accrued Expenses	2.31	23.74	21.16	24.55	23.87	23.5
Short-Term Debt	969.86	926.43	736.51	537.53	478.33	498.37
Current Portion of Long-Term Debt	115.16	141.15	31	49.3	15.2	-
Current Portion of Leases	-	5.73	5.7	3.89	0.34	0.54
Current Income Taxes Payable	13.56	2.68	7.4	3.22	2.05	0.21
Current Unearned Revenue	0.79	1.86	1.88	5.85	30.85	41.93
Other Current Liabilities	107.05	84.8	83.3	90.43	184.78	156.8
Total Current Liabilities	2,247	2,418	2,163	1,887	1,912	1,723
Long-Term Debt	241.83	117.9	94.11	96.62	93.95	45.08
Long-Term Leases	30.1	31.22	35.53	39.64	4.44	-
Long-Term Unearned Revenue	75.34	74.62	72.88	53.78	56.16	49.15
Long-Term Deferred Tax Liabilities	0.04	-	37.04	59.98	54.33	27.24
Total Liabilities	2,595	2,642	2,402	2,137	2,121	1,844
Common Stock	1,806	1,806	1,806	1,806	1,806	1,800
Additional Paid-In Capital	1,303	1,296	1,298	1,305	1,302	1,276
Retained Earnings	-1,633	-1,650	-1,681	-1,743	-1,682	-1,779
Treasury Stock	-	-	-	-	-17.97	-36.7
Comprehensive Income & Other	-	6.7	6.7	-	-	-
Total Common Equity	1,476	1,459	1,431	1,368	1,408	1,259
Minority Interest	370.13	364.12	376.08	340.75	329.07	261.75
Shareholders' Equity	1,846	1,824	1,807	1,709	1,737	1,521
Total Liabilities & Equity	4,441	4,465	4,209	3,846	3,858	3,365
Total Debt	1,357	1,222	902.85	726.98	592.26	544
Net Cash (Debt)	-821.92	-549.55	-119.08	-26.99	247.79	266.47
Net Cash Growth	-	-	-	-	-7.01%	-49.59%
Net Cash Per Share	-0.53	-0.36	-0.06	-0.01	0.13	0.14
Filing Date Shares Outstanding	1,829	1,806	1,806	1,806	2,669	1,769
Total Common Shares Outstanding	1,829	1,806	1,806	1,806	2,669	1,769
Working Capital	131.01	-29.47	35.79	-57.33	89.56	219.94
Book Value Per Share	0.81	0.81	0.79	0.76	0.53	0.71
Tangible Book Value	1,420	1,403	1,372	1,284	1,321	1,202
Tangible Book Value Per Share	0.78	0.78	0.76	0.71	0.49	0.68
Buildings	-	514.65	441.88	449.05	433.26	312.24
Machinery	-	1,921	1,634	1,618	1,459	1,461
Construction In Progress	-	114.76	297.23	143.78	280.32	140.55

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