SHA:600360 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	433.89	506.9	593.9	1,101	1,426	1,487
Trading Asset Securities	101.94	100.16	-	-	-	-
Cash & Short-Term Investments	535.83	607.07	593.9	1,101	1,426	1,487
Cash Growth	23.34%	2.22%	-46.07%	-22.80%	-4.06%	-21.61%
Accounts Receivable	1,174	1,016	975.33	883.46	936.62	1,040
Other Receivables	7.51	7.77	1,503	1,535	48.56	78.51
Receivables	1,182	1,024	2,478	2,419	985.18	1,118
Inventory	495.13	484.54	373.21	297.59	310.2	180.07
Other Current Assets	36.76	42.67	43.57	34.74	35.3	46.81
Total Current Assets	2,249	2,158	3,489	3,852	2,757	2,832
Property, Plant & Equipment	2,884	2,880	2,593	2,508	3,369	3,176
Long-Term Investments	85.51	83.84	90.34	110.86	97.25	53.22
Other Intangible Assets	97.98	98.97	102.48	106.67	107.61	111.53
Long-Term Deferred Tax Assets	36.18	37.47	32.63	27.12	18.4	10.31
Long-Term Deferred Charges	1.3	1.49	1.8	2.24	1.94	0.53
Other Long-Term Assets	35.74	34.43	85.67	73.74	551.05	603.18
Total Assets	5,390	5,294	6,395	6,680	6,902	6,787
Accounts Payable	1,004	919.22	597.98	619.86	805.92	779.07
Accrued Expenses	7.1	16.67	10.37	7.41	6.06	12.4
Short-Term Debt	304.94	160.15	354.72	135.23	677.6	1,170
Current Portion of Long-Term Debt	224.63	324.53	952.15	924.43	442.93	353.98
Current Portion of Leases	-	-	-	1.42	1.39	0.98
Current Income Taxes Payable	14.69	6.03	8.61	1.23	1.94	2.46
Current Unearned Revenue	4.26	4.64	52.54	70.7	81.97	138.22
Other Current Liabilities	51.26	74.73	148.25	123.58	79.43	44.88
Total Current Liabilities	1,611	1,506	2,125	1,884	2,097	2,502
Long-Term Debt	103.88	173.48	787.89	1,359	1,351	1,037
Long-Term Leases	-	-	-	0.28	1.59	1.48
Long-Term Unearned Revenue	116.65	-	-	116.91	50.81	19.24
Long-Term Deferred Tax Liabilities	2.8	2.88	4.04	5.04	6.01	7.15
Other Long-Term Liabilities	-	116.96	117.74	50	150	-
Total Liabilities	1,834	1,799	3,034	3,415	3,657	3,566
Common Stock	960.3	960.3	960.3	960.3	960.3	960.3
Additional Paid-In Capital	1,132	1,131	1,127	1,156	1,156	1,156
Retained Earnings	1,422	1,364	1,262	1,146	1,127	1,104
Comprehensive Income & Other	-	-	0.01	-0	-0.01	-0.09
Total Common Equity	3,514	3,455	3,350	3,262	3,243	3,221
Minority Interest	41.11	39.15	11.21	3.59	1.94	-0.07
Shareholders' Equity	3,555	3,495	3,361	3,266	3,245	3,221
Total Liabilities & Equity	5,390	5,294	6,395	6,680	6,902	6,787
Total Debt	633.45	658.16	2,095	2,420	2,475	2,563
Net Cash (Debt)	-97.63	-51.1	-1,501	-1,319	-1,049	-1,076
Net Cash Per Share	-0.10	-0.05	-1.53	-1.43	-1.09	-1.12
Filing Date Shares Outstanding	960.3	960.3	960.3	960.3	960.3	960.3
Total Common Shares Outstanding	960.3	960.3	960.3	960.3	960.3	960.3
Working Capital	638.27	651.86	1,364	1,968	659.95	330.14
Book Value Per Share	3.66	3.60	3.49	3.40	3.38	3.35
Tangible Book Value	3,416	3,356	3,247	3,156	3,135	3,109
Tangible Book Value Per Share	3.56	3.50	3.38	3.29	3.27	3.24
Buildings	-	1,422	1,156	1,156	1,158	787.26
Machinery	-	3,041	2,634	2,314	2,274	2,001
Construction In Progress	-	300.66	505.86	544.67	1,562	1,916

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