SHA:600479 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	780.15	1,344	1,998	1,240	632.88
Short-Term Investments	-	-	-	182	51.94
Trading Asset Securities	1.94	4.76	-	491.74	736.84
Cash & Short-Term Investments	782.08	1,349	1,998	1,914	1,422
Cash Growth	-42.03%	-32.47%	4.40%	34.61%	-5.74%
Accounts Receivable	819.27	823.34	912.54	847.17	830.93
Other Receivables	17.75	15.75	28.26	27.83	31.23
Receivables	837.02	839.09	940.8	875	862.16
Inventory	490.35	485.94	534.14	598.99	547.78
Prepaid Expenses	-	6.18	0.24	0.73	3.44
Other Current Assets	54.15	48.48	41.4	125.07	82.22
Total Current Assets	2,164	2,729	3,514	3,513	2,917
Property, Plant & Equipment	606.08	561.31	589.93	547.02	630.19
Long-Term Investments	1,812	953.32	247.61	187.59	190.77
Goodwill	14.07	14.07	14.07	14.07	14.07
Other Intangible Assets	231.77	208.22	212.21	195.11	201.9
Long-Term Deferred Tax Assets	22.94	16.97	22.67	19.29	4.12
Long-Term Deferred Charges	90.43	67.44	71.73	71.41	76.98
Other Long-Term Assets	22.68	6.03	4.18	86.64	24.93
Total Assets	4,964	4,556	4,677	4,635	4,060
Accounts Payable	702.98	565.64	647.49	780.92	511.67
Accrued Expenses	197.54	376.14	402.93	376.04	267.41
Short-Term Debt	59.71	11.9	56.69	58.13	67.09
Current Portion of Long-Term Debt	13.32	7	5	3.5	3
Current Portion of Leases	-	13.78	16.56	17.84	18.55
Current Income Taxes Payable	32.65	3.63	37.28	31.29	23.89
Current Unearned Revenue	98.24	95.27	123.61	131.21	99.59
Other Current Liabilities	386.67	259.43	252.27	298.3	237.22
Total Current Liabilities	1,491	1,333	1,542	1,697	1,228
Long-Term Debt	-	-	7	12	15.5
Long-Term Leases	28.51	25.96	31.46	32.76	44.79
Long-Term Unearned Revenue	62.11	33.66	38.04	44.44	51.27
Pension & Post-Retirement Benefits	-	1.9	1.9	1.9	1.9
Long-Term Deferred Tax Liabilities	23.83	17.65	24.72	24.06	13.22
Other Long-Term Liabilities	7.95	5.19	5.19	5.19	5.19
Total Liabilities	1,614	1,417	1,650	1,818	1,360
Common Stock	492.21	424	428.92	429.81	418.51
Additional Paid-In Capital	941.57	603.25	631.18	635.44	585.49
Retained Earnings	1,593	1,450	1,363	1,192	1,146
Treasury Stock	-	-16.56	-35.02	-41.81	-
Comprehensive Income & Other	1.76	1.58	1.59	1.4	0.75
Total Common Equity	3,028	2,462	2,390	2,217	2,150
Minority Interest	321.86	676.87	637.08	600.07	549.55
Shareholders' Equity	3,350	3,139	3,027	2,817	2,700
Total Liabilities & Equity	4,964	4,556	4,677	4,635	4,060
Total Debt	101.54	58.64	116.71	124.24	148.93
Net Cash (Debt)	680.55	1,291	1,881	1,789	1,273
Net Cash Growth	-47.27%	-31.39%	5.13%	40.60%	-5.93%
Net Cash Per Share	1.58	3.12	4.45	4.18	3.04
Filing Date Shares Outstanding	492.21	424	428.92	428.12	418.51
Total Common Shares Outstanding	492.21	424	428.92	428.12	418.51
Working Capital	672.49	1,396	1,973	1,816	1,689
Book Value Per Share	6.15	5.81	5.57	5.18	5.14
Tangible Book Value	2,782	2,240	2,163	2,008	1,934
Tangible Book Value Per Share	5.65	5.28	5.04	4.69	4.62
Buildings	-	799.74	780.42	765.95	650.15
Machinery	-	491.41	485.55	395.8	436.31
Construction In Progress	-	13.35	6.12	5.78	94.34

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