SHA:600345 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	1,107	959.1	965.66	396.82	219.15
Short-Term Investments	-	60	-	-	-
Cash & Short-Term Investments	1,107	1,019	965.66	396.82	219.15
Cash Growth	8.66%	5.53%	143.35%	81.07%	-10.25%
Accounts Receivable	812.45	685.37	560.63	532.86	144.63
Other Receivables	39.21	24.01	19.27	19.49	6.66
Receivables	851.66	709.38	579.89	552.34	151.29
Inventory	233.36	296.94	288.45	209.2	15.65
Prepaid Expenses	-	0.22	0.27	-	0.1
Other Current Assets	82.1	23.39	35.61	12.28	7.93
Total Current Assets	2,274	2,049	1,870	1,171	394.12
Property, Plant & Equipment	36.16	331.9	261.94	180.24	60.44
Long-Term Investments	2,313	2,199	2,236	1,953	1,822
Other Intangible Assets	48.93	29.89	26.67	27.18	29.72
Long-Term Accounts Receivable	-	21.23	-	-	-
Long-Term Deferred Tax Assets	21.93	16.4	15.24	13.47	-
Long-Term Deferred Charges	-	-	3.32	3.78	2.3
Other Long-Term Assets	317.66	21.54	23.62	21.34	9.7
Total Assets	5,013	4,669	4,437	3,370	2,318
Accounts Payable	855.67	758.34	620.27	484	124.69
Accrued Expenses	30.2	98.54	72.25	90.09	18.21
Short-Term Debt	8	10	23	30.05	31
Current Portion of Long-Term Debt	4.83	-	-	-	-
Current Portion of Leases	-	4.18	2.05	6.21	0.91
Current Income Taxes Payable	83.5	0	0	0	0
Current Unearned Revenue	100.79	117.33	176.33	166.97	6.42
Other Current Liabilities	36.53	51.39	50.34	38.43	18.17
Total Current Liabilities	1,120	1,040	944.25	815.75	199.41
Long-Term Debt	78.68	80.1	60.8	4.8	-
Long-Term Leases	2.07	4.87	0.67	1.03	2.15
Long-Term Unearned Revenue	5.82	4.51	4.74	5.75	-
Long-Term Deferred Tax Liabilities	6.17	6.18	6.18	6.18	6.18
Total Liabilities	1,212	1,135	1,017	833.52	207.74
Common Stock	329.61	329.61	329.61	198	198
Additional Paid-In Capital	1,387	1,314	1,339	631.3	650.9
Retained Earnings	2,073	1,872	1,728	1,522	1,251
Comprehensive Income & Other	10.57	18.01	23.93	15.19	10.25
Total Common Equity	3,800	3,534	3,420	2,367	2,110
Minority Interest	-	-	-	169.65	-
Shareholders' Equity	3,800	3,534	3,420	2,537	2,110
Total Liabilities & Equity	5,013	4,669	4,437	3,370	2,318
Total Debt	93.58	99.14	86.52	42.09	34.06
Net Cash (Debt)	1,014	919.96	879.14	354.72	185.08
Net Cash Growth	10.20%	4.64%	147.84%	91.66%	-1.70%
Net Cash Per Share	3.05	2.80	4.45	1.79	0.93
Filing Date Shares Outstanding	330.16	329.61	329.61	198	198
Total Common Shares Outstanding	330.16	329.61	329.61	198	198
Working Capital	1,155	1,009	925.64	354.89	194.71
Book Value Per Share	11.51	10.72	10.38	11.95	10.66
Tangible Book Value	3,751	3,504	3,394	2,340	2,081
Tangible Book Value Per Share	11.36	10.63	10.30	11.82	10.51
Buildings	-	342.54	54.27	54.27	55.4
Machinery	-	47.1	45.27	44.54	21.22
Construction In Progress	-	-	223.7	132.19	23.37

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