SHA:600506 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	111.52	203.38	290.56	533.25	1,430
Cash & Short-Term Investments	111.52	203.38	290.56	533.25	1,430
Cash Growth	-45.17%	-30.00%	-45.51%	-62.72%	1510.42%
Accounts Receivable	321.81	298.22	268.38	196.87	281.09
Other Receivables	5.1	11.62	18.06	28.4	26.35
Receivables	326.91	309.84	286.44	225.26	307.44
Inventory	129.96	117.74	154.48	287.87	326.39
Other Current Assets	18.11	29.29	21.01	19.3	28.92
Total Current Assets	586.5	660.26	752.49	1,066	2,093
Property, Plant & Equipment	248.13	276.63	319.16	405.53	450.4
Goodwill	709.71	717.17	717.17	723.17	771.21
Other Intangible Assets	262.64	227.49	250.56	266.83	282.48
Long-Term Deferred Tax Assets	19.18	17.33	27.41	15.06	19.75
Other Long-Term Assets	49.4	55.93	57.8	34.93	28.31
Total Assets	1,876	1,955	2,125	2,511	3,645
Accounts Payable	139.87	154.95	122.45	77.23	158.45
Accrued Expenses	63.71	261.31	240.97	261	313.32
Short-Term Debt	284.37	408.45	337.69	268.59	160.11
Current Portion of Long-Term Debt	46.18	134.93	271.62	49.59	50
Current Portion of Leases	-	0.57	4.01	7.14	8.96
Current Income Taxes Payable	8.81	0	1.47	1.53	1.94
Current Unearned Revenue	63.95	51.82	40.98	34.23	15.41
Other Current Liabilities	258.11	50.12	59.5	61.17	1,281
Total Current Liabilities	865	1,062	1,079	760.48	1,989
Long-Term Debt	128.87	393.96	564.08	1,162	1,110
Long-Term Leases	2.5	2.53	15.06	35.97	40.26
Long-Term Unearned Revenue	-	-	10.82	10.82	10.82
Pension & Post-Retirement Benefits	-	-	-	-	0.03
Long-Term Deferred Tax Liabilities	48.85	52.45	54.42	62.23	104.17
Other Long-Term Liabilities	-	-	-	29	148
Total Liabilities	1,045	1,511	1,723	2,061	3,403
Common Stock	192.02	192.02	192.02	192.02	147.71
Additional Paid-In Capital	175.41	482.63	471.82	471.82	223.98
Retained Earnings	76.18	-230.92	-262.31	-213.32	-129.1
Total Common Equity	443.62	443.73	401.53	450.51	242.59
Minority Interest	386.71	-	-	-	-
Shareholders' Equity	830.33	443.73	401.53	450.51	242.59
Total Liabilities & Equity	1,876	1,955	2,125	2,511	3,645
Total Debt	461.92	940.44	1,192	1,523	1,369
Net Cash (Debt)	-350.4	-737.06	-901.89	-990.23	61.01
Net Cash Growth	-	-	-	-	-31.31%
Net Cash Per Share	-1.82	-3.84	-4.70	-6.61	0.41
Filing Date Shares Outstanding	192.65	192.02	192.02	192.02	147.71
Total Common Shares Outstanding	192.65	192.02	192.02	192.02	147.71
Working Capital	-278.5	-401.9	-326.21	305.2	103.71
Book Value Per Share	2.30	2.31	2.09	2.35	1.64
Tangible Book Value	-528.73	-500.94	-566.2	-539.5	-811.11
Tangible Book Value Per Share	-2.74	-2.61	-2.95	-2.81	-5.49
Buildings	-	175.62	191.53	220.84	229.19
Machinery	-	142.46	148.92	171.33	165.17
Construction In Progress	-	4.46	8.62	3.83	3.98

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