SHA:600300 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	1,551	1,649	833.75	661.38	570.25	680.3
Trading Asset Securities	0.03	0.02	0.01	0.09	14.05	6.99
Cash & Short-Term Investments	1,551	1,649	833.76	661.47	584.31	687.29
Cash Growth	90.14%	97.75%	26.05%	13.21%	-14.98%	-69.21%
Accounts Receivable	79.19	69.91	53.1	73.11	106.17	70.37
Other Receivables	52.48	105.22	101.71	145.47	217.16	264.39
Receivables	131.67	175.13	154.81	218.59	323.33	334.76
Inventory	511.27	543.21	837.04	699.62	790.22	612.58
Other Current Assets	322.92	192.74	222.98	39.55	98.19	101.07
Total Current Assets	2,517	2,560	2,049	1,619	1,796	1,736
Property, Plant & Equipment	1,435	1,469	1,603	1,735	1,905	2,087
Long-Term Investments	279.82	279.26	270.37	252.92	325.51	335.16
Other Intangible Assets	503.38	519.74	584.68	659.41	735.5	807.6
Long-Term Deferred Tax Assets	9.59	9.59	10.18	11.96	6.71	10.23
Long-Term Deferred Charges	2.03	2.1	2.42	2.77	3	3.3
Other Long-Term Assets	160.96	162.23	166.06	184.58	218.13	180.22
Total Assets	4,907	5,002	4,686	4,466	4,990	5,159
Accounts Payable	319.81	456.16	249.37	240.24	258.71	316.89
Accrued Expenses	32.5	232.15	205.52	198.95	188.31	152.77
Short-Term Debt	141.36	269.42	195.07	134.98	534	779.7
Current Portion of Long-Term Debt	2.14	-	-	165.64	131.77	50
Current Portion of Leases	-	2.01	2.67	2.97	3.74	4.06
Current Income Taxes Payable	76.38	46.81	92.09	77.8	67.57	65.27
Current Unearned Revenue	218.56	119.93	185.59	91.37	128.36	119.58
Other Current Liabilities	292.97	132.18	136.92	154	139.21	135.46
Total Current Liabilities	1,084	1,259	1,067	1,066	1,452	1,624
Long-Term Debt	-	-	-	89.22	313.93	335.7
Long-Term Leases	8.5	10.63	12.19	14.3	19.08	22.4
Long-Term Unearned Revenue	40.74	42.62	43.37	53.99	65	70.62
Long-Term Deferred Tax Liabilities	15.4	15.42	17.47	19.37	18.92	18.33
Other Long-Term Liabilities	1.61	0.33	0.34	0.36	0.72	1.17
Total Liabilities	1,150	1,328	1,141	1,243	1,869	2,072
Common Stock	1,617	1,617	1,617	1,617	1,617	1,672
Additional Paid-In Capital	107.31	107.31	107.21	107.21	107.21	233.48
Retained Earnings	2,043	1,959	1,831	1,525	1,345	1,291
Treasury Stock	-	-	-	-	-	-167.21
Comprehensive Income & Other	-60.31	-60.31	-68.85	-85.99	-13.96	1.72
Total Common Equity	3,707	3,623	3,487	3,164	3,055	3,031
Minority Interest	50.43	50.97	58.23	59.16	65.1	55.76
Shareholders' Equity	3,758	3,674	3,545	3,223	3,120	3,087
Total Liabilities & Equity	4,907	5,002	4,686	4,466	4,990	5,159
Total Debt	152	282.06	209.93	407.12	1,003	1,192
Net Cash (Debt)	1,399	1,367	623.83	254.35	-418.21	-504.58
Net Cash Growth	116.75%	119.08%	145.26%	-	-	-
Net Cash Per Share	0.89	0.86	0.38	0.16	-0.26	-0.32
Filing Date Shares Outstanding	1,683	1,617	1,617	1,617	1,617	1,617
Total Common Shares Outstanding	1,683	1,617	1,617	1,617	1,617	1,617
Working Capital	1,433	1,301	981.36	553.27	344.36	111.96
Book Value Per Share	2.20	2.24	2.16	1.96	1.89	1.87
Tangible Book Value	3,204	3,103	2,902	2,504	2,320	2,224
Tangible Book Value Per Share	1.90	1.92	1.79	1.55	1.43	1.37
Buildings	-	1,895	1,907	1,923	1,912	2,011
Machinery	-	1,320	1,322	1,530	1,556	1,554
Construction In Progress	-	0.73	1.83	3.99	5.69	48.69

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