SHA:600506 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	318.41	111.52	203.38	290.56	533.25	1,430
Cash & Short-Term Investments	318.41	111.52	203.38	290.56	533.25	1,430
Cash Growth	-4.58%	-45.17%	-30.00%	-45.51%	-62.72%	1510.42%
Accounts Receivable	407.36	321.81	298.22	268.38	196.87	281.09
Other Receivables	7.69	12.36	11.62	18.06	28.4	26.35
Receivables	415.05	334.17	309.84	286.44	225.26	307.44
Inventory	161.45	129.96	117.74	154.48	287.87	326.39
Other Current Assets	41.19	10.85	29.29	21.01	19.3	28.92
Total Current Assets	936.09	586.5	660.26	752.49	1,066	2,093
Property, Plant & Equipment	244.18	248.13	276.63	319.16	405.53	450.4
Goodwill	709.71	709.71	717.17	717.17	723.17	771.21
Other Intangible Assets	259.84	262.64	227.49	250.56	266.83	282.48
Long-Term Deferred Tax Assets	18.5	19.18	17.33	27.41	15.06	19.75
Other Long-Term Assets	48.95	49.4	55.93	57.8	34.93	28.31
Total Assets	2,217	1,876	1,955	2,125	2,511	3,645
Accounts Payable	254.6	129.14	154.95	122.45	77.23	158.45
Accrued Expenses	36.11	278.18	261.31	240.97	261	313.32
Short-Term Debt	391.5	284.37	408.45	337.69	268.59	160.11
Current Portion of Long-Term Debt	46.27	45.46	134.93	271.62	49.59	50
Current Portion of Leases	-	0.71	0.57	4.01	7.14	8.96
Current Income Taxes Payable	30.29	0.32	0	1.47	1.53	1.94
Current Unearned Revenue	122.46	64.81	51.82	40.98	34.23	15.41
Other Current Liabilities	245.29	61.99	50.12	59.5	61.17	1,281
Total Current Liabilities	1,127	865	1,062	1,079	760.48	1,989
Long-Term Debt	128.87	128.87	393.96	564.08	1,162	1,110
Long-Term Leases	2.39	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	48.31	48.85	52.45	54.42	62.23	104.17
Other Long-Term Liabilities	-	-	-	-	29	148
Total Liabilities	1,306	1,045	1,511	1,723	2,061	3,403
Common Stock	192.02	192.02	192.02	192.02	192.02	147.71
Additional Paid-In Capital	175.41	175.41	482.63	471.82	471.82	223.98
Retained Earnings	139.25	76.18	-230.92	-262.31	-213.32	-129.1
Total Common Equity	506.69	443.62	443.73	401.53	450.51	242.59
Minority Interest	404.49	386.71	-	-	-	-
Shareholders' Equity	911.18	830.33	443.73	401.53	450.51	242.59
Total Liabilities & Equity	2,217	1,876	1,955	2,125	2,511	3,645
Total Debt	569.03	461.92	940.44	1,192	1,523	1,369
Net Cash (Debt)	-250.62	-350.4	-737.06	-901.89	-990.23	61.01
Net Cash Growth	-	-	-	-	-	-31.31%
Net Cash Per Share	-1.30	-1.82	-3.85	-4.70	-6.61	0.41
Filing Date Shares Outstanding	192.28	192.02	192.02	192.02	192.02	147.71
Total Common Shares Outstanding	192.28	192.02	192.02	192.02	192.02	147.71
Working Capital	-190.43	-278.5	-401.9	-326.21	305.2	103.71
Book Value Per Share	2.64	2.31	2.31	2.09	2.35	1.64
Tangible Book Value	-462.86	-528.73	-500.94	-566.2	-539.5	-811.11
Tangible Book Value Per Share	-2.41	-2.75	-2.61	-2.95	-2.81	-5.49
Buildings	-	172.89	175.62	191.53	220.84	229.19
Machinery	-	134.97	142.46	148.92	171.33	165.17
Construction In Progress	-	0.97	4.46	8.62	3.83	3.98

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