SHA:600343 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	439.04	473.98	257.66	333.24	502.99	717.11
Cash & Short-Term Investments	439.04	473.98	257.66	333.24	502.99	717.11
Cash Growth	188.83%	83.95%	-22.68%	-33.75%	-29.86%	13.43%
Accounts Receivable	630.24	738.08	745.71	751.75	654.85	853.22
Other Receivables	8.08	77.28	78.55	15.63	15.43	26.02
Receivables	638.31	815.36	824.26	767.38	670.28	879.24
Inventory	490.65	447.78	498.62	541.23	623.13	812.8
Prepaid Expenses	-	0.41	1.6	-	-	-
Other Current Assets	156.15	55.91	52.41	115.47	134.7	82.22
Total Current Assets	1,724	1,793	1,635	1,757	1,931	2,491
Property, Plant & Equipment	765.83	778.01	772.85	788.06	761.49	911.12
Long-Term Investments	376.21	376.63	396.75	399.14	347.61	-
Other Intangible Assets	93.53	95.7	105.34	107.61	95.6	162.01
Long-Term Deferred Tax Assets	46.31	46.34	60.76	56.45	46.02	64.39
Long-Term Deferred Charges	21.76	20.82	12.3	16.52	11.57	9.83
Other Long-Term Assets	10.62	10.79	11.24	11.94	13.08	29.97
Total Assets	3,038	3,122	2,994	3,137	3,206	3,669
Accounts Payable	471.49	568.67	566.9	543.04	529.36	707.46
Accrued Expenses	20.96	48.96	46.84	51.48	50.63	51.6
Short-Term Debt	307.4	252.3	257.96	307	364	382
Current Portion of Long-Term Debt	49.5	50	-	-	-	-
Current Income Taxes Payable	5.21	0.32	1.17	0.38	1.34	1.22
Current Unearned Revenue	83.52	80.16	73.22	62.85	51.79	188.28
Other Current Liabilities	254.33	261.34	246.17	246.01	220.76	85.7
Total Current Liabilities	1,192	1,262	1,192	1,211	1,218	1,416
Long-Term Debt	165.05	140	190	140	-	-
Long-Term Leases	-	-	-	-	-	0.76
Long-Term Unearned Revenue	10.19	10.19	5.92	3.97	5.64	12.53
Pension & Post-Retirement Benefits	-	88.09	86.63	88.55	76.43	74.87
Other Long-Term Liabilities	118.2	45.93	27.05	8.45	2	-
Total Liabilities	1,486	1,546	1,502	1,452	1,302	1,504
Common Stock	638.21	638.21	638.21	638.21	638.21	638.21
Additional Paid-In Capital	1,233	1,233	1,211	1,211	1,211	1,192
Retained Earnings	-603.24	-581	-388.42	-201.19	-5.83	55.91
Comprehensive Income & Other	5.96	4.95	1.97	-2.12	5.67	4.09
Total Common Equity	1,274	1,295	1,463	1,646	1,849	1,890
Minority Interest	278.94	280.92	28.9	39.12	55.19	274.39
Shareholders' Equity	1,553	1,576	1,492	1,685	1,905	2,164
Total Liabilities & Equity	3,038	3,122	2,994	3,137	3,206	3,669
Total Debt	521.95	442.3	447.96	447	364	382.76
Net Cash (Debt)	-82.91	31.68	-190.3	-113.76	138.99	334.35
Net Cash Growth	-	-	-	-	-58.43%	79.53%
Net Cash Per Share	-0.13	0.05	-0.30	-0.18	0.21	0.52
Filing Date Shares Outstanding	638.16	638.21	638.21	638.21	638.21	638.21
Total Common Shares Outstanding	638.16	638.21	638.21	638.21	638.21	638.21
Working Capital	531.75	531.7	442.3	546.56	713.22	1,075
Book Value Per Share	2.00	2.03	2.29	2.58	2.90	2.96
Tangible Book Value	1,180	1,199	1,358	1,539	1,754	1,728
Tangible Book Value Per Share	1.85	1.88	2.13	2.41	2.75	2.71
Buildings	-	445.08	437.74	434.45	433.97	564.84
Machinery	-	852.83	834.19	805.29	816.37	913.45
Construction In Progress	-	125.63	105.79	101.87	24.72	2.06

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