SHA:600497 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	1,125	961.18	1,486	1,113	1,238
Trading Asset Securities	0.01	0.02	0.02	14.31	0.5
Cash & Short-Term Investments	1,125	961.2	1,486	1,127	1,239
Cash Growth	17.03%	-35.31%	31.79%	-9.01%	45.51%
Accounts Receivable	82.37	178.69	182.68	101.75	18.61
Other Receivables	91.42	71.32	467.12	29.64	36.53
Receivables	173.79	250.01	649.81	131.39	55.14
Inventory	1,904	2,031	1,625	1,464	1,469
Prepaid Expenses	-	-	-	23.87	3.43
Other Current Assets	441.3	259.22	165.1	257.44	222.72
Total Current Assets	3,644	3,502	3,926	3,004	2,989
Property, Plant & Equipment	10,033	10,428	11,363	11,609	13,347
Long-Term Investments	552.14	248.53	100.35	98.76	107.26
Goodwill	39.43	39.43	39.43	39.43	39.43
Other Intangible Assets	10,955	11,339	11,768	11,311	11,285
Long-Term Deferred Tax Assets	264.21	390.08	207.16	103.8	93.53
Long-Term Deferred Charges	255.84	269.55	297.92	286.09	279.08
Other Long-Term Assets	155.45	152.7	154.02	151.81	449.47
Total Assets	25,899	26,368	27,855	26,603	28,590
Accounts Payable	1,957	1,496	1,521	1,448	1,437
Accrued Expenses	177.76	115.98	150.63	198.26	218.45
Short-Term Debt	614.38	611.99	710.36	866.88	2,722
Current Portion of Long-Term Debt	448.27	1,919	1,025	1,397	739.39
Current Portion of Leases	15.14	26.93	12.45	9.95	10.99
Current Income Taxes Payable	52.49	84.25	170.22	25.03	177.25
Current Unearned Revenue	223.64	104.48	79.23	128.51	178.96
Other Current Liabilities	569.58	450.33	590.51	473.22	523.6
Total Current Liabilities	4,058	4,809	4,260	4,547	6,007
Long-Term Debt	1,583	1,211	2,369	3,533	4,504
Long-Term Leases	52.97	70.41	91.24	24	32.47
Long-Term Unearned Revenue	22.3	18.9	33.67	15.1	13.51
Long-Term Deferred Tax Liabilities	-	-	0.02	0.64	0.55
Other Long-Term Liabilities	1,458	1,476	1,711	1,259	835.04
Total Liabilities	7,175	7,585	8,465	9,379	11,393
Common Stock	5,040	5,091	5,091	5,091	5,091
Additional Paid-In Capital	7,698	7,907	9,014	8,184	8,183
Retained Earnings	3,722	3,495	2,915	1,839	1,776
Treasury Stock	-	-0.5	-	-	-
Comprehensive Income & Other	-196.88	-190.14	-127.13	-193.05	-228.54
Total Common Equity	16,264	16,303	16,893	14,921	14,822
Minority Interest	2,461	2,481	2,497	2,304	2,375
Shareholders' Equity	18,724	18,783	19,390	17,225	17,197
Total Liabilities & Equity	25,899	26,368	27,855	26,603	28,590
Total Debt	2,714	3,840	4,208	5,831	8,008
Net Cash (Debt)	-1,589	-2,879	-2,722	-4,703	-6,770
Net Cash Per Share	-0.31	-0.57	-0.53	-0.92	-1.33
Filing Date Shares Outstanding	5,040	5,091	5,091	5,091	5,091
Total Common Shares Outstanding	5,040	5,091	5,091	5,091	5,091
Working Capital	-414.07	-1,307	-334.11	-1,543	-3,018
Book Value Per Share	3.23	3.20	3.32	2.93	2.91
Tangible Book Value	5,270	4,924	5,086	3,571	3,498
Tangible Book Value Per Share	1.05	0.97	1.00	0.70	0.69
Buildings	8,677	8,628	9,279	8,255	8,650
Machinery	8,858	8,792	8,787	8,473	8,908
Construction In Progress	2,191	2,105	2,067	2,606	2,852

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.