SHA:600359 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	273.77	342.09	252.98	173.35	161.3
Trading Asset Securities	1	1	1	1	1
Cash & Short-Term Investments	274.77	343.09	253.98	174.35	162.3
Cash Growth	-19.91%	35.09%	45.68%	7.42%	53.25%
Accounts Receivable	23.93	21.78	31.53	26.02	13.97
Other Receivables	28.73	30.38	31.59	0.43	227.95
Receivables	52.66	52.16	63.12	26.54	241.92
Inventory	366.61	413.45	457.12	445.25	447.97
Other Current Assets	30.26	25.61	24.5	46.82	3.75
Total Current Assets	724.29	834.32	798.72	692.95	855.93
Property, Plant & Equipment	546.72	436.03	252.76	964.38	749.09
Long-Term Investments	85.07	87.68	88.72	89.12	94.16
Other Intangible Assets	62.32	44.53	86.19	123.76	119.29
Long-Term Deferred Tax Assets	6.26	4.79	0.35	0.38	2.26
Long-Term Deferred Charges	0.93	1.15	-	0.17	-
Other Long-Term Assets	48.75	46.08	21.32	24.31	22.22
Total Assets	1,474	1,455	1,248	1,895	1,843
Accounts Payable	47.65	59.53	59.21	214.38	131.44
Accrued Expenses	13.52	17.32	14.89	18.19	18.58
Short-Term Debt	447.58	435.04	297.97	635.74	691.03
Current Portion of Long-Term Debt	0.16	8.06	-	13.18	43.03
Current Portion of Leases	-	0.22	-	2.01	2.74
Current Income Taxes Payable	1.44	1.97	1.43	1.45	0.41
Current Unearned Revenue	71.93	83.08	138.99	150.74	204.4
Other Current Liabilities	38.17	43.56	49.44	54.9	63.47
Total Current Liabilities	620.45	648.79	561.93	1,091	1,155
Long-Term Debt	156.59	59.87	-	156.98	94.57
Long-Term Leases	2.03	2.17	3.03	6.31	20.61
Long-Term Unearned Revenue	17.35	24.6	20.44	51.74	43.72
Long-Term Deferred Tax Liabilities	-	0.07	-	-	-
Other Long-Term Liabilities	1.16	1.16	1.2	1.26	1.34
Total Liabilities	797.57	736.66	586.61	1,307	1,315
Common Stock	381.51	381.51	381.51	381.51	381.51
Additional Paid-In Capital	956.75	992.1	937.04	937.04	937.04
Retained Earnings	-624.89	-616.76	-618.3	-687.21	-751.32
Comprehensive Income & Other	-60.4	-57.74	-56.89	-56.49	-51.45
Total Common Equity	652.97	699.13	643.36	574.85	515.78
Minority Interest	23.8	18.8	18.09	13.34	11.82
Shareholders' Equity	676.77	717.92	661.46	588.19	527.61
Total Liabilities & Equity	1,474	1,455	1,248	1,895	1,843
Total Debt	606.36	505.36	301.01	814.22	851.98
Net Cash (Debt)	-331.59	-162.27	-47.02	-639.87	-689.68
Net Cash Per Share	-0.82	-0.43	-0.12	-1.70	-1.85
Filing Date Shares Outstanding	381.51	381.51	381.51	381.51	381.51
Total Common Shares Outstanding	381.51	381.51	381.51	381.51	381.51
Working Capital	103.85	185.53	236.79	-397.63	-299.16
Book Value Per Share	1.71	1.83	1.69	1.51	1.35
Tangible Book Value	590.65	654.6	557.18	451.09	396.49
Tangible Book Value Per Share	1.55	1.72	1.46	1.18	1.04
Buildings	318.03	286.82	246.18	430.3	380.29
Machinery	237.02	225.66	179.8	476.2	449.89
Construction In Progress	182.74	87.58	4.66	142.23	41.34

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