SHA:600391 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	581.51	303.35	617.51	328.6	259.92
Short-Term Investments	-	-	4.79	-	-
Cash & Short-Term Investments	581.51	303.35	622.3	328.6	259.92
Cash Growth	91.70%	-51.25%	89.38%	26.42%	-48.67%
Accounts Receivable	2,390	2,344	1,284	1,046	941.62
Other Receivables	64.18	33.03	5.55	2.28	38.74
Receivables	2,454	2,377	1,290	1,048	980.36
Inventory	2,428	2,906	2,921	2,674	2,695
Prepaid Expenses	-	-	-	2.78	1.62
Other Current Assets	104.72	235.68	165.71	101.96	92.77
Total Current Assets	5,569	5,822	4,999	4,156	4,030
Property, Plant & Equipment	2,519	2,108	1,983	2,014	2,075
Other Intangible Assets	159.91	119.3	120.86	109.9	100.86
Long-Term Deferred Tax Assets	101.78	56.85	24.09	36.25	13.46
Other Long-Term Assets	184.74	90.93	5.2	95.05	73.03
Total Assets	8,534	8,197	7,132	6,411	6,292
Accounts Payable	3,285	2,961	3,274	2,524	2,452
Accrued Expenses	78.11	75.2	130.16	179.51	52.97
Short-Term Debt	680.43	1,430	348.08	332.36	365.34
Current Portion of Long-Term Debt	421.35	8.29	152.1	430.45	370.66
Current Portion of Leases	124.47	132.51	12.45	91.34	80.63
Current Income Taxes Payable	5.59	7.24	-	6.18	4.79
Current Unearned Revenue	28.02	32.88	62.51	75.3	111.45
Other Current Liabilities	65.44	39.69	49.44	48.31	62.89
Total Current Liabilities	4,688	4,687	4,029	3,687	3,501
Long-Term Debt	267.3	600.5	436.95	161.8	467.8
Long-Term Leases	410.9	109.45	12.8	23.61	110.91
Long-Term Unearned Revenue	78.38	70.7	84.07	91.55	96.43
Long-Term Deferred Tax Liabilities	97.89	54.22	20.43	18.73	2.03
Other Long-Term Liabilities	15.39	24.13	17.16	235.74	101.78
Total Liabilities	5,558	5,546	4,600	4,219	4,280
Common Stock	330.13	330.13	330.13	330.13	330.13
Additional Paid-In Capital	1,092	1,027	1,027	1,009	1,013
Retained Earnings	322.32	261.45	192.65	144.5	97.17
Comprehensive Income & Other	40.93	40.61	46.01	51.82	42.17
Total Common Equity	1,785	1,659	1,595	1,535	1,483
Minority Interest	1,191	992.13	936.85	656.99	529.9
Shareholders' Equity	2,976	2,651	2,532	2,192	2,013
Total Liabilities & Equity	8,534	8,197	7,132	6,411	6,292
Total Debt	1,904	2,281	962.38	1,040	1,395
Net Cash (Debt)	-1,323	-1,977	-340.08	-710.97	-1,135
Net Cash Per Share	-3.91	-6.04	-1.06	-2.13	-3.20
Filing Date Shares Outstanding	330.13	330.13	330.13	330.13	330.13
Total Common Shares Outstanding	330.13	330.13	330.13	330.13	330.13
Working Capital	880.46	1,135	970.38	468.48	528.75
Book Value Per Share	5.41	5.02	4.83	4.65	4.49
Tangible Book Value	1,625	1,539	1,475	1,425	1,382
Tangible Book Value Per Share	4.92	4.66	4.47	4.32	4.19
Buildings	1,265	1,203	1,188	1,162	1,198
Machinery	2,794	2,625	2,563	2,241	1,980
Construction In Progress	172.97	104.36	83.29	201.02	166.1

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