SHA:600303 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	60.9	139.17	115.51	111.55	386.47
Cash & Short-Term Investments	60.9	139.17	115.51	111.55	386.47
Cash Growth	-56.24%	20.49%	3.54%	-71.14%	-56.69%
Accounts Receivable	522.88	681.86	847.58	697.88	512.56
Other Receivables	5.91	14.94	23.66	69.25	185.96
Receivables	528.79	696.81	871.24	767.13	698.52
Inventory	609.88	254.3	278.31	313.26	462.05
Other Current Assets	113.68	59.77	69.44	76.36	121.7
Total Current Assets	1,313	1,150	1,334	1,268	1,669
Property, Plant & Equipment	1,417	1,676	1,691	1,818	1,912
Long-Term Investments	2	2.84	2	2	2
Other Intangible Assets	384.65	521.15	537.32	553.26	570.65
Long-Term Accounts Receivable	-	126.94	198.94	291.18	22.81
Long-Term Deferred Tax Assets	23.8	25.53	13.3	10.09	12.22
Long-Term Deferred Charges	3.02	4.26	3.87	3.08	3.82
Other Long-Term Assets	83.2	30.94	21.31	79.89	79.32
Total Assets	3,227	3,537	3,803	4,026	4,272
Accounts Payable	774.01	755.54	693.88	710.39	761.22
Accrued Expenses	84.17	114.42	90.96	93.5	75.15
Short-Term Debt	275.98	169.2	335.31	145.16	192.84
Current Portion of Long-Term Debt	-	51.71	102.28	151.16	60.66
Current Portion of Leases	-	-	2.17	1.94	2.18
Current Income Taxes Payable	-	0.91	0.25	1.6	2.17
Current Unearned Revenue	33.05	22.75	29.48	29.19	25.11
Other Current Liabilities	696.99	349.89	449.23	381.64	271.05
Total Current Liabilities	1,864	1,464	1,704	1,515	1,390
Long-Term Debt	40.45	408.54	155.65	115.31	119.18
Long-Term Leases	52.61	48.88	0.91	3	6.5
Long-Term Unearned Revenue	128.17	154.18	155.72	168.69	182.71
Long-Term Deferred Tax Liabilities	12.37	11.06	1.13	2.92	2.32
Other Long-Term Liabilities	102.92	73.71	43.86	-	-
Total Liabilities	2,201	2,161	2,061	1,805	1,701
Common Stock	683.6	683.6	675.6	675.6	675.6
Additional Paid-In Capital	1,118	1,113	1,110	1,110	1,110
Retained Earnings	-791.09	-445.13	-104.31	365.63	699.85
Treasury Stock	-9.76	-9.76	-	-	-
Total Common Equity	1,001	1,341	1,682	2,152	2,486
Minority Interest	25.59	35.11	60.16	70.02	84.93
Shareholders' Equity	1,027	1,376	1,742	2,222	2,571
Total Liabilities & Equity	3,227	3,537	3,803	4,026	4,272
Total Debt	369.05	678.33	596.32	416.57	381.37
Net Cash (Debt)	-308.15	-539.16	-480.81	-305.02	5.1
Net Cash Growth	-	-	-	-	-98.97%
Net Cash Per Share	-0.45	-0.79	-0.72	-0.45	0.01
Filing Date Shares Outstanding	675.23	693.25	675.6	675.6	675.6
Total Common Shares Outstanding	675.23	693.25	675.6	675.6	675.6
Working Capital	-550.95	-314.38	-369.06	-246.28	278.35
Book Value Per Share	1.48	1.93	2.49	3.18	3.68
Tangible Book Value	616.38	820.16	1,144	1,598	1,915
Tangible Book Value Per Share	0.91	1.18	1.69	2.37	2.83
Buildings	-	1,146	1,145	1,163	1,170
Machinery	-	2,086	2,074	2,121	2,107
Construction In Progress	-	284.9	287.2	278.42	264.4

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