SHA:600433 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	646.8	740.23	1,205	926.4	1,729	1,308
Short-Term Investments	-	632.89	159.47	-	-	-
Cash & Short-Term Investments	646.8	1,373	1,364	926.4	1,729	1,308
Cash Growth	-31.48%	0.65%	47.26%	-46.42%	32.22%	26.83%
Accounts Receivable	1,073	1,133	1,305	1,917	1,627	1,711
Other Receivables	688.11	27.37	22.28	34.93	23.23	37.94
Receivables	1,761	1,160	1,327	1,952	1,650	1,749
Inventory	1,423	1,398	1,469	1,034	1,086	823.52
Prepaid Expenses	-	5.22	3.42	8.73	11.86	3.99
Other Current Assets	400.9	385.59	459.75	394.54	227.63	237.3
Total Current Assets	4,232	4,322	4,624	4,315	4,704	4,121
Property, Plant & Equipment	5,729	5,678	4,700	4,236	3,793	3,776
Long-Term Investments	677.84	673.1	1,294	1,181	924.57	883.31
Goodwill	2.42	2.42	11.55	11.55	11.55	11.55
Other Intangible Assets	374.91	405.68	417.2	448.67	463.55	346.98
Long-Term Deferred Tax Assets	109.03	109.02	65.7	66.03	46.62	47.41
Long-Term Deferred Charges	65.28	49.32	32.15	67.94	65.15	58.51
Other Long-Term Assets	2.58	33.57	82.37	17.69	30.18	34.39
Total Assets	11,193	11,635	11,227	10,343	10,039	9,280

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	1,159	1,192	1,387	1,581	1,121	1,064
Accrued Expenses	33.77	141.78	78.99	110.93	124.87	139.7
Short-Term Debt	1,868	1,892	1,618	1,491	1,189	830.85
Current Portion of Long-Term Debt	287.12	522.44	34.13	49.16	-	5
Current Portion of Leases	-	3.64	11.75	12.45	14.07	6.02
Current Income Taxes Payable	27.96	0.49	21.46	2.65	8.31	24.9
Current Unearned Revenue	51.89	76.46	102.19	73.1	219.34	80.46
Other Current Liabilities	103.56	93.46	153.81	181.69	183.16	60.29
Total Current Liabilities	3,532	3,923	3,407	3,503	2,860	2,211
Long-Term Debt	1,462	2,074	1,512	624.95	50	90.26
Long-Term Leases	-	0.33	13.87	20.3	32.44	38.1
Long-Term Unearned Revenue	10.35	10.77	20.77	22.07	23.8	26.3
Long-Term Deferred Tax Liabilities	4.88	4.88	4.6	6.48	8.36	1.98
Other Long-Term Liabilities	106.33	0.57	0.21	1.24	2.09	2.77
Total Liabilities	5,115	6,013	4,958	4,178	2,977	2,371

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	1,750	1,750	1,760	1,845	1,845	1,839
Additional Paid-In Capital	616.18	616.18	633.44	825.03	831.51	878.31
Retained Earnings	2,107	1,866	2,274	2,083	2,597	2,398
Treasury Stock	-	-	-26.96	-281.72	-95.43	-99.98
Comprehensive Income & Other	0.22	-0.12	0.86	0.44	-4.56	-4.03
Total Common Equity	4,474	4,232	4,641	4,472	5,173	5,011
Minority Interest	1,603	1,390	1,627	1,694	1,889	1,898
Shareholders' Equity	6,077	5,622	6,268	6,166	7,062	6,909
Total Liabilities & Equity	11,193	11,635	11,227	10,343	10,039	9,280

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	3,617	4,493	3,190	2,198	1,285	970.22
Net Cash (Debt)	-2,970	-3,120	-1,825	-1,271	443.81	337.54
Net Cash Growth	-	-	-	-	31.48%	-
Net Cash Per Share	-1.78	-1.75	-0.99	-0.82	0.24	0.19
Filing Date Shares Outstanding	1,636	1,750	2,100	1,790	1,816	1,810
Total Common Shares Outstanding	1,636	1,750	2,100	1,790	1,816	1,810
Working Capital	700.09	399.29	1,217	812.77	1,844	1,910
Book Value Per Share	2.73	2.42	2.21	2.50	2.85	2.77
Tangible Book Value	4,097	3,824	4,213	4,012	4,698	4,652
Tangible Book Value Per Share	2.50	2.18	2.01	2.24	2.59	2.57
Buildings	-	2,343	2,259	2,120	2,125	2,127
Machinery	-	6,004	5,394	5,007	4,899	4,846
Construction In Progress	-	1,398	833.71	817.39	244.46	69.22