SHA:600337 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	104.4	334.42	775.88	798.3	1,124
Trading Asset Securities	-	-	-	-	50
Cash & Short-Term Investments	104.4	334.42	775.88	798.3	1,174
Cash Growth	-68.78%	-56.90%	-2.81%	-32.02%	15.93%
Accounts Receivable	255.49	245.74	307.37	298.3	302.41
Other Receivables	120.61	130.93	140.44	191.35	203.89
Receivables	376.09	376.67	447.8	489.65	506.31
Inventory	1,091	1,860	2,153	2,304	2,278
Other Current Assets	91.63	135.95	214.82	156.88	169.93
Total Current Assets	1,663	2,707	3,592	3,749	4,128
Property, Plant & Equipment	2,247	3,074	3,722	3,918	3,910
Long-Term Investments	98.86	220.08	218.25	216.37	133.64
Goodwill	29.18	43.08	63.76	63.76	63.76
Other Intangible Assets	449.77	493.42	581.32	626.03	664.61
Long-Term Deferred Tax Assets	169.92	706.42	626.11	506.07	89.06
Long-Term Deferred Charges	511.68	713.59	844.15	900.78	955.35
Other Long-Term Assets	13.95	14.57	15.19	15.81	16.43
Total Assets	5,183	7,973	9,662	9,996	9,961
Accounts Payable	705.56	625.78	1,030	945.55	1,026
Accrued Expenses	368.62	97.72	112.72	105.62	140.86
Short-Term Debt	1,079	995.21	1,163	845.64	786.62
Current Portion of Long-Term Debt	776.14	1,041	700.49	513.01	342.08
Current Portion of Leases	-	313.1	335.5	316.42	278.99
Current Income Taxes Payable	123.32	6.24	8.4	3.61	59.55
Current Unearned Revenue	119.22	114.12	96.86	120.43	199.19
Other Current Liabilities	178.94	217.82	95.23	100.34	140.43
Total Current Liabilities	3,351	3,411	3,543	2,951	2,973
Long-Term Debt	347.19	348.65	659.74	953.26	888.02
Long-Term Leases	681.6	1,176	1,421	1,573	1,631
Long-Term Unearned Revenue	24.77	15.98	21.03	29.59	38.1
Pension & Post-Retirement Benefits	-	1.37	1.47	1.54	1.54
Long-Term Deferred Tax Liabilities	111.48	248.27	311.7	292.87	-
Other Long-Term Liabilities	13.62	-	-	-	15.34
Total Liabilities	4,530	5,202	5,957	5,801	5,548
Common Stock	1,437	1,437	1,480	1,496	1,628
Additional Paid-In Capital	160.35	160.35	217.27	250.87	707
Retained Earnings	-1,025	1,079	1,959	2,424	2,711
Treasury Stock	-2.67	-2.67	-17.25	-24.78	-588.52
Comprehensive Income & Other	50.74	73.04	49.28	30.89	-54.12
Total Common Equity	620.4	2,746	3,688	4,177	4,404
Minority Interest	32.75	24.64	16.16	17.6	9.27
Shareholders' Equity	653.15	2,771	3,704	4,195	4,413
Total Liabilities & Equity	5,183	7,973	9,662	9,996	9,961
Total Debt	2,884	3,875	4,280	4,202	3,927
Net Cash (Debt)	-2,780	-3,540	-3,504	-3,403	-2,753
Net Cash Per Share	-1.94	-2.45	-2.36	-2.35	-1.80
Filing Date Shares Outstanding	1,341	1,378	1,489	1,487	1,496
Total Common Shares Outstanding	1,341	1,378	1,489	1,487	1,496
Working Capital	-1,688	-704.1	48.95	798.65	1,155
Book Value Per Share	0.46	1.99	2.48	2.81	2.94
Tangible Book Value	141.45	2,210	3,043	3,487	3,675
Tangible Book Value Per Share	0.11	1.60	2.04	2.34	2.46
Buildings	-	2,080	2,297	2,162	2,012
Machinery	-	1,309	1,302	1,260	1,136
Construction In Progress	-	39.71	71.42	182.44	344.5

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