SHA:600467 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	633.05	439.94	414.49	479.64	554.57	692.68
Short-Term Investments	-	42.39	49.29	111.25	-	-
Cash & Short-Term Investments	633.05	482.33	463.78	590.9	554.57	692.68
Cash Growth	1.04%	4.00%	-21.51%	6.55%	-19.94%	-9.57%
Accounts Receivable	45.21	32.51	70.78	64.72	79.46	73.01
Other Receivables	24.56	43.35	39.69	15.25	106.89	57.47
Receivables	69.77	75.86	110.46	79.97	186.35	130.48
Inventory	801.76	785.17	823.39	1,029	1,408	1,191
Other Current Assets	61.27	7.59	8.26	7.73	12.39	14.08
Total Current Assets	1,566	1,351	1,406	1,707	2,161	2,028
Property, Plant & Equipment	3,246	3,279	3,304	3,300	3,523	3,865
Long-Term Investments	188.85	319.64	355.12	305.14	389.05	350.65
Other Intangible Assets	1,150	1,166	1,061	771.78	124.79	128.43
Long-Term Accounts Receivable	-	-	-	-	3.2	4.64
Long-Term Deferred Tax Assets	3.37	3.37	3.52	3.13	9.92	6.14
Long-Term Deferred Charges	471.15	482.06	523.58	506.1	332.27	300.75
Other Long-Term Assets	221.91	70.6	64	62.68	68.75	37.57
Total Assets	6,847	6,672	6,717	6,656	6,612	6,722
Accounts Payable	136.81	128.69	219.98	363.68	133.48	189.2
Accrued Expenses	69.07	98.11	100.3	93.97	99.86	106.75
Short-Term Debt	2,453	2,229	2,174	1,949	2,326	2,356
Current Portion of Long-Term Debt	124.92	175.17	190.52	324.18	26.09	2
Current Portion of Leases	-	0.88	-	-	71.36	80.89
Current Income Taxes Payable	30.34	21.84	21.27	23.85	29.01	12.86
Current Unearned Revenue	106.1	94.73	72.21	69.4	76.77	40.15
Other Current Liabilities	28.9	35.98	69.86	86.24	49.6	49.36
Total Current Liabilities	2,949	2,785	2,848	2,911	2,812	2,837
Long-Term Debt	302.85	324.31	306.62	207.47	200	255.5
Long-Term Leases	1.87	2.11	-	-	24.6	95.61
Long-Term Unearned Revenue	92.93	94.14	107.94	121.08	147.97	170.31
Long-Term Deferred Tax Liabilities	30.93	30.93	32.58	30.61	34.04	37.6
Other Long-Term Liabilities	26.41	-	-	-	28.5	-
Total Liabilities	3,404	3,236	3,295	3,270	3,247	3,396
Common Stock	1,461	1,461	1,461	1,461	1,461	1,461
Additional Paid-In Capital	394.94	394.94	394.94	394.94	394.94	394.94
Retained Earnings	1,478	1,471	1,454	1,427	1,396	1,357
Comprehensive Income & Other	92.78	92.78	97.73	91.23	101.97	100.41
Total Common Equity	3,427	3,419	3,407	3,374	3,354	3,313
Minority Interest	16.38	16.23	14.5	12.12	10.91	12.29
Shareholders' Equity	3,443	3,435	3,422	3,386	3,365	3,326
Total Liabilities & Equity	6,847	6,672	6,717	6,656	6,612	6,722
Total Debt	2,882	2,732	2,671	2,481	2,648	2,790
Net Cash (Debt)	-2,249	-2,250	-2,207	-1,890	-2,093	-2,097
Net Cash Per Share	-1.53	-1.51	-1.52	-1.30	-1.44	-1.43
Filing Date Shares Outstanding	1,568	1,461	1,461	1,461	1,461	1,461
Total Common Shares Outstanding	1,568	1,461	1,461	1,461	1,461	1,461
Working Capital	-1,383	-1,434	-1,442	-1,203	-651.03	-808.8
Book Value Per Share	2.19	2.34	2.33	2.31	2.30	2.27
Tangible Book Value	2,277	2,254	2,346	2,602	3,229	3,185
Tangible Book Value Per Share	1.45	1.54	1.61	1.78	2.21	2.18
Buildings	-	4,414	4,124	4,082	4,051	4,081
Machinery	-	640.26	831.51	840.38	973.14	1,360
Construction In Progress	-	1.7	184.97	80.99	4.76	53.06

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