SHA:600356 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	617.24	320.76	360.64	308.59	185.75
Trading Asset Securities	-	-	-	-	30.02
Cash & Short-Term Investments	617.24	320.76	360.64	308.59	215.77
Cash Growth	92.43%	-11.06%	16.86%	43.02%	-40.15%
Accounts Receivable	759.38	809.42	656.66	569.81	514.96
Other Receivables	19.84	19.73	21.81	32.44	22.77
Receivables	779.22	829.15	678.47	602.25	537.73
Inventory	885.41	748.39	763.55	614.35	498.69
Other Current Assets	64.86	88.75	59.15	194.53	223.98
Total Current Assets	2,347	1,987	1,862	1,720	1,476
Property, Plant & Equipment	1,162	1,115	991.12	1,039	1,147
Other Intangible Assets	272.41	290.27	270.17	278.72	289.62
Long-Term Deferred Tax Assets	27.79	25.05	20.3	22.15	17.36
Other Long-Term Assets	1.08	55.01	23.63	0.25	11.52
Total Assets	3,810	3,473	3,167	3,060	2,942
Accounts Payable	202.99	221.27	135.69	109.24	72.31
Accrued Expenses	80.49	57.53	46.31	27.7	16.5
Short-Term Debt	380.29	225.21	298.28	237.22	254.24
Current Portion of Long-Term Debt	70.51	24.63	27.75	50.14	40.05
Current Portion of Leases	0.29	-	-	-	-
Current Income Taxes Payable	6.5	11.37	6.03	11.35	0.3
Current Unearned Revenue	15.07	13.72	12.09	29.7	28.66
Other Current Liabilities	9.74	10.77	9.34	44.18	36.18
Total Current Liabilities	765.88	564.48	535.49	509.53	448.24
Long-Term Debt	189.6	187.99	32.24	56.93	102.25
Long-Term Unearned Revenue	43.2	38.03	25.99	22.32	17.65
Other Long-Term Liabilities	-	32.41	-	-	-
Total Liabilities	998.68	822.91	593.72	588.78	568.14
Common Stock	298.73	298.73	298.73	298.73	298.73
Additional Paid-In Capital	865.62	865.62	865.62	865.66	865.66
Retained Earnings	1,571	1,409	1,334	1,237	1,138
Total Common Equity	2,735	2,573	2,498	2,401	2,302
Minority Interest	75.99	76.49	75.05	69.95	71.34
Shareholders' Equity	2,811	2,650	2,573	2,471	2,374
Total Liabilities & Equity	3,810	3,473	3,167	3,060	2,942
Total Debt	640.69	437.82	358.27	344.29	396.54
Net Cash (Debt)	-23.45	-117.06	2.37	-35.69	-180.77
Net Cash Per Share	-0.08	-0.39	0.01	-0.12	-0.45
Filing Date Shares Outstanding	329.54	298.73	298.73	298.73	298.73
Total Common Shares Outstanding	298.73	298.73	298.73	298.73	298.73
Working Capital	1,581	1,423	1,326	1,210	1,028
Book Value Per Share	9.16	8.61	8.36	8.04	7.71
Tangible Book Value	2,463	2,283	2,228	2,122	2,013
Tangible Book Value Per Share	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.