SHA:600368 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	526.73	612.51	455.62	719.65	936.76	549.76
Cash & Short-Term Investments	526.73	612.51	455.62	719.65	936.76	549.76
Cash Growth	-13.81%	34.44%	-36.69%	-23.18%	70.39%	10.36%
Accounts Receivable	156.88	154.23	195.8	204.37	188.35	139.65
Other Receivables	27.08	11.2	60.64	-257.6	11.12	1,137
Receivables	183.97	165.5	256.56	-53.22	199.47	1,276
Inventory	117.01	120.14	130.03	523.79	304.32	278.72
Prepaid Expenses	-	37.59	32.64	36.61	32.69	33.69
Other Current Assets	205.81	165.73	70.74	341.05	64.7	46.81
Total Current Assets	1,034	1,101	945.58	1,568	1,538	2,185
Property, Plant & Equipment	6,479	6,278	5,031	5,105	5,377	5,051
Long-Term Investments	2,023	1,980	1,905	1,913	1,892	1,365
Goodwill	1.12	1.12	1.12	1.12	1.12	1.12
Other Intangible Assets	44.84	45.63	56.47	58.92	34.63	36.21
Long-Term Deferred Tax Assets	59.48	60.61	43.77	43.71	43.94	46.57
Long-Term Deferred Charges	59.46	60.8	29.17	33.12	38.88	10.95
Other Long-Term Assets	2,251	2,161	1,589	730.25	865.36	887.67
Total Assets	11,951	11,689	9,615	9,463	9,804	9,621
Accounts Payable	108.01	395.76	80.19	51.22	55.57	56.06
Accrued Expenses	30.42	48.84	50.25	60.83	87.22	67.26
Short-Term Debt	210	210	465.04	473.6	851.73	400
Current Portion of Long-Term Debt	337.8	337.07	359.21	429.72	461.16	593.65
Current Portion of Leases	-	-	-	-	-	0.07
Current Income Taxes Payable	40.32	22.46	21.47	24.83	49.95	45.59
Current Unearned Revenue	3.33	16.96	19.51	17.17	9.46	23.91
Other Current Liabilities	124.46	106.83	101.18	85.89	66.85	79.92
Total Current Liabilities	854.34	1,138	1,097	1,143	1,582	1,266
Long-Term Debt	3,460	3,395	1,700	2,061	2,547	3,047
Long-Term Unearned Revenue	24.8	26.06	29.89	30.27	35.65	41.04
Other Long-Term Liabilities	287.77	2.94	1.82	2.82	7.23	-
Total Liabilities	4,627	4,562	2,828	3,237	4,172	4,355
Common Stock	1,610	1,610	1,610	1,238	1,126	1,126
Additional Paid-In Capital	467.71	467.71	467.65	467.65	467.65	467.65
Retained Earnings	5,336	5,139	4,793	4,599	4,109	3,739
Total Common Equity	7,413	7,216	6,870	6,305	5,702	5,332
Minority Interest	-88.35	-88.86	-83.41	-79.33	-70.32	-66.11
Shareholders' Equity	7,325	7,127	6,787	6,225	5,632	5,266
Total Liabilities & Equity	11,951	11,689	9,615	9,463	9,804	9,621
Total Debt	4,007	3,942	2,524	2,964	3,860	4,041
Net Cash (Debt)	-3,481	-3,330	-2,068	-2,245	-2,924	-3,491
Net Cash Per Share	-2.16	-2.07	-1.28	-1.39	-2.00	-2.17
Filing Date Shares Outstanding	1,610	1,610	1,610	1,610	1,610	1,610
Total Common Shares Outstanding	1,610	1,610	1,610	1,610	1,610	1,610
Working Capital	179.17	-36.46	-151.28	424.63	-44.02	918.76
Book Value Per Share	4.61	4.48	4.27	3.92	3.54	3.31
Tangible Book Value	7,367	7,169	6,813	6,244	5,667	5,295
Tangible Book Value Per Share	4.58	4.45	4.23	3.88	3.52	3.29
Buildings	-	315.48	381.18	877.77	880.19	319.13
Machinery	-	332.19	313.75	315.96	306.79	304.19
Construction In Progress	-	2,196	663.95	-	0.96	0.92

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