SHA:600272 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	322.56	105.01	158.15	300.93	173.5
Trading Asset Securities	180.74	120.36	100.31	20.03	30.62
Cash & Short-Term Investments	503.3	225.36	258.46	320.96	204.12
Cash Growth	123.33%	-12.81%	-19.47%	57.24%	-41.70%
Accounts Receivable	580.47	581.6	365.6	166.31	97.84
Other Receivables	2.19	2.61	25.19	4.96	5.04
Receivables	582.66	584.21	390.79	171.27	102.88
Inventory	69.95	78.19	74.56	88.72	90.74
Prepaid Expenses	-	-	-	0	-
Other Current Assets	6.62	5.87	4.76	8.34	18.86
Total Current Assets	1,163	893.63	728.57	589.29	416.6
Property, Plant & Equipment	256.76	264.55	341.62	347.68	369.66
Long-Term Investments	106.96	108.58	117.78	117.31	117.11
Other Intangible Assets	3.95	5.46	2.82	3.69	2.39
Long-Term Deferred Tax Assets	3.38	3.5	1.93	3.28	0.13
Long-Term Deferred Charges	9.36	6.24	2.89	4.4	5.99
Other Long-Term Assets	193.18	202.9	131.1	144.75	151.09
Total Assets	1,736	1,485	1,327	1,210	1,063
Accounts Payable	574.18	480.32	367.07	209.33	141.99
Accrued Expenses	6.72	10.24	12.76	19.24	11.89
Short-Term Debt	10.01	10.01	10.01	45.03	-
Current Portion of Long-Term Debt	9.6	-	-	-	-
Current Portion of Leases	-	9.89	4.96	9.5	10.71
Current Income Taxes Payable	10.33	8.62	5.22	3.23	8.31
Current Unearned Revenue	5.58	8.69	9.99	22.63	13.11
Other Current Liabilities	122.93	124.71	122.54	126.25	121.56
Total Current Liabilities	739.34	652.47	532.55	435.21	307.57
Long-Term Leases	5.74	5.37	3.41	5.19	12.98
Long-Term Unearned Revenue	166.78	174.06	181.33	188.6	195.88
Long-Term Deferred Tax Liabilities	3.68	3.96	2.23	3.05	-
Total Liabilities	915.55	835.87	719.52	632.06	516.43
Common Stock	262.65	243	243	243	243
Additional Paid-In Capital	150.96	15.12	15.18	15.18	15.42
Retained Earnings	364.39	362.15	339.05	311.9	278.43
Comprehensive Income & Other	-1.41	-1.41	-1.41	-1.41	-1.41
Total Common Equity	776.6	618.86	595.83	568.68	535.43
Minority Interest	43.98	30.13	11.37	9.67	11.11
Shareholders' Equity	820.57	648.99	607.2	578.35	546.54
Total Liabilities & Equity	1,736	1,485	1,327	1,210	1,063
Total Debt	25.34	25.27	18.38	59.71	23.69
Net Cash (Debt)	477.96	200.1	240.09	261.24	180.43
Net Cash Growth	138.86%	-16.66%	-8.10%	44.79%	-48.46%
Net Cash Per Share	1.85	0.80	0.98	1.05	0.75
Filing Date Shares Outstanding	292.63	243	243	243	243
Total Common Shares Outstanding	292.63	243	243	243	243
Working Capital	423.2	241.16	196.02	154.08	109.04
Book Value Per Share	2.65	2.55	2.45	2.34	2.20
Tangible Book Value	772.64	613.4	593.01	564.99	533.05
Tangible Book Value Per Share	2.64	2.52	2.44	2.33	2.19
Buildings	-	336.3	429.74	417.85	422.91
Machinery	-	34.02	36.26	34.96	34.34
Construction In Progress	-	0.07	2.6	-	-

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