SHA:600353 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	322.91	294.89	220.14	433.35	197.98
Trading Asset Securities	70	-	122	133	0
Cash & Short-Term Investments	392.91	294.89	342.14	566.35	197.98
Cash Growth	33.24%	-13.81%	-39.59%	186.06%	-32.40%
Accounts Receivable	1,339	1,365	1,214	946.09	796.58
Other Receivables	13.24	13.36	6.67	7.91	7.59
Receivables	1,353	1,378	1,220	953.99	824.17
Inventory	482.82	426.79	373.15	308.69	220.29
Other Current Assets	36.25	31.55	35.64	43.31	19.04
Total Current Assets	2,265	2,131	1,971	1,872	1,261
Property, Plant & Equipment	943.51	751.04	613.28	539.42	306.42
Long-Term Investments	16.15	108.06	125.35	135.3	129.53
Goodwill	85.69	85.69	85.69	85.69	57.45
Other Intangible Assets	73.22	76.45	54.4	51.78	41.77
Long-Term Deferred Tax Assets	57.33	36.02	27.5	21.32	20.38
Long-Term Deferred Charges	41.62	29.19	41.59	15.08	5.24
Other Long-Term Assets	22.48	19.61	78.56	30.7	25.54
Total Assets	3,505	3,237	2,998	2,752	1,848
Accounts Payable	494.69	423.18	391.24	336.19	255.09
Accrued Expenses	86.27	86.51	83.37	83.88	67.55
Short-Term Debt	215.43	158.95	116.13	77.45	32.57
Current Portion of Long-Term Debt	43.09	29.2	11	6.4	4.2
Current Portion of Leases	3.39	1.73	3.44	3.21	1.59
Current Income Taxes Payable	22.12	23.97	28.96	11.57	12.25
Current Unearned Revenue	16.84	27.39	33.35	15.14	8.63
Other Current Liabilities	216.45	279.7	214.06	257.16	71.01
Total Current Liabilities	1,098	1,031	881.56	791.01	452.89
Long-Term Debt	239.94	162.32	161.07	152.54	-
Long-Term Leases	11.06	7.32	9.5	11.75	2.87
Long-Term Unearned Revenue	106.18	98.41	74.07	20.49	18.02
Long-Term Deferred Tax Liabilities	39.99	22.36	16.5	18.68	11
Other Long-Term Liabilities	0.75	0.75	0.75	0.75	0.75
Total Liabilities	1,496	1,322	1,143	995.21	485.53
Common Stock	829.98	831.14	832.79	592.01	543.72
Additional Paid-In Capital	142.04	179.2	182.86	408.81	99.14
Retained Earnings	929.52	817.75	748.52	655.83	555.71
Treasury Stock	-5.69	-11.28	-19.27	-	-
Total Common Equity	1,896	1,817	1,745	1,657	1,199
Minority Interest	112.51	98.64	109.35	99.78	163.71
Shareholders' Equity	2,008	1,915	1,854	1,756	1,362
Total Liabilities & Equity	3,505	3,237	2,998	2,752	1,848
Total Debt	512.91	359.53	301.15	251.35	41.22
Net Cash (Debt)	-120	-64.63	40.99	315	156.76
Net Cash Growth	-	-	-86.99%	100.94%	-43.54%
Net Cash Per Share	-0.14	-0.08	0.06	0.40	0.21
Filing Date Shares Outstanding	829.98	831.14	832.79	828.81	761.21
Total Common Shares Outstanding	829.98	831.14	832.79	828.81	761.21
Working Capital	1,166	1,101	1,090	1,081	808.59
Book Value Per Share	2.28	2.19	2.10	2.00	1.57
Tangible Book Value	1,737	1,655	1,605	1,519	1,099
Tangible Book Value Per Share	2.09	1.99	1.93	1.83	1.44
Buildings	365.12	314.47	279.08	216.56	210.34
Machinery	789.86	585.77	486.55	387.97	322.82
Construction In Progress	165.14	175.83	131.46	185.06	3.67

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.