SHA:600356 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	723.06	617.24	320.76	360.64	308.59	185.75
Trading Asset Securities	90	-	-	-	-	30.02
Cash & Short-Term Investments	813.06	617.24	320.76	360.64	308.59	215.77
Cash Growth	103.13%	92.43%	-11.06%	16.86%	43.02%	-40.15%
Accounts Receivable	795.6	759.38	809.42	656.66	569.81	514.96
Other Receivables	20.23	19.84	19.73	21.81	32.44	22.77
Receivables	815.83	779.22	829.15	678.47	602.25	537.73
Inventory	802.49	885.41	748.39	763.55	614.35	498.69
Other Current Assets	89.87	64.86	88.75	59.15	194.53	223.98
Total Current Assets	2,521	2,347	1,987	1,862	1,720	1,476
Property, Plant & Equipment	1,591	1,162	1,115	991.12	1,039	1,147
Other Intangible Assets	331.23	272.41	290.27	270.17	278.72	289.62
Long-Term Deferred Tax Assets	32.05	27.79	25.05	20.3	22.15	17.36
Long-Term Deferred Charges	0.09	-	-	-	-	-
Other Long-Term Assets	12.69	1.08	55.01	23.63	0.25	11.52
Total Assets	4,494	3,810	3,473	3,167	3,060	2,942
Accounts Payable	218.32	202.99	221.27	135.69	109.24	72.31
Accrued Expenses	19.5	80.49	57.53	46.31	27.7	16.5
Short-Term Debt	511.92	380.29	225.21	298.28	237.22	254.24
Current Portion of Long-Term Debt	46.99	70.51	24.63	27.75	50.14	40.05
Current Portion of Leases	-	0.29	-	-	-	-
Current Income Taxes Payable	30.31	6.5	11.37	6.03	11.35	0.3
Current Unearned Revenue	22.87	15.07	13.72	12.09	29.7	28.66
Other Current Liabilities	67.95	9.74	10.77	9.34	44.18	36.18
Total Current Liabilities	917.87	765.88	564.48	535.49	509.53	448.24
Long-Term Debt	358.24	189.6	187.99	32.24	56.93	102.25
Long-Term Unearned Revenue	55	43.2	38.03	25.99	22.32	17.65
Other Long-Term Liabilities	-	-	32.41	-	-	-
Total Liabilities	1,333	998.68	822.91	593.72	588.78	568.14
Common Stock	329.54	298.73	298.73	298.73	298.73	298.73
Additional Paid-In Capital	1,164	865.62	865.62	865.62	865.66	865.66
Retained Earnings	1,589	1,571	1,409	1,334	1,237	1,138
Total Common Equity	3,082	2,735	2,573	2,498	2,401	2,302
Minority Interest	77.87	75.99	76.49	75.05	69.95	71.34
Shareholders' Equity	3,160	2,811	2,650	2,573	2,471	2,374
Total Liabilities & Equity	4,494	3,810	3,473	3,167	3,060	2,942
Total Debt	917.44	640.69	437.82	358.27	344.29	396.54
Net Cash (Debt)	-104.38	-23.45	-117.06	2.37	-35.69	-180.77
Net Cash Per Share	-0.34	-0.08	-0.39	0.01	-0.12	-0.45
Filing Date Shares Outstanding	334.71	329.54	298.73	298.73	298.73	298.73
Total Common Shares Outstanding	334.71	298.73	298.73	298.73	298.73	298.73
Working Capital	1,603	1,581	1,423	1,326	1,210	1,028
Book Value Per Share	9.21	9.16	8.61	8.36	8.04	7.71
Tangible Book Value	2,746	2,463	2,283	2,228	2,122	2,013
Tangible Book Value Per Share	8.20	8.24	7.64	7.46	7.10	6.74
Buildings	-	697.56	654.05	648.96	619.53	616.11
Machinery	-	3,165	2,955	2,892	2,857	2,818
Construction In Progress	-	17.1	190.73	13.31	1.29	0.04

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