SHA:600508 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	2,000	2,704	3,162	3,186	1,021
Cash & Short-Term Investments	2,000	2,704	3,162	3,186	1,021
Cash Growth	-26.03%	-14.46%	-0.77%	211.97%	70.99%
Accounts Receivable	686.22	785.35	591.62	1,149	1,432
Other Receivables	54.18	6.54	9.55	10.22	12.21
Receivables	740.4	791.89	601.17	1,159	1,444
Inventory	332.99	254.28	289.68	450.16	279.41
Other Current Assets	167.52	153.46	379.67	137.76	32.19
Total Current Assets	3,241	3,904	4,432	4,933	2,777
Property, Plant & Equipment	13,844	13,744	13,522	12,278	12,788
Long-Term Investments	-	-	-	-	47.46
Other Intangible Assets	1,440	1,306	1,307	1,321	1,501
Long-Term Deferred Tax Assets	720.17	679.3	634.98	776.88	537.73
Other Long-Term Assets	122.35	53.91	41.34	31.93	53.92
Total Assets	19,368	19,688	19,938	19,340	17,705
Accounts Payable	322.02	248.01	393.67	450.58	647.43
Accrued Expenses	1,142	1,240	1,234	1,284	647.58
Short-Term Debt	0.08	104.51	-	-	600
Current Portion of Long-Term Debt	38.92	38.75	218.05	17.45	77.46
Current Portion of Leases	113.23	89.2	85.54	67.77	64.6
Current Income Taxes Payable	8.56	15.34	97.62	742.34	198.63
Current Unearned Revenue	95.2	210.74	194.81	267.04	212.56
Other Current Liabilities	1,228	1,291	1,376	1,426	1,584
Total Current Liabilities	2,948	3,237	3,599	4,255	4,032
Long-Term Debt	1,668	1,350	1,257	1,103	1,188
Long-Term Leases	624.59	621.14	710.34	322.33	390.09
Long-Term Unearned Revenue	34.08	34.78	17.51	17.52	0.06
Other Long-Term Liabilities	1,579	1,681	1,742	1,504	1,567
Total Liabilities	6,853	6,925	7,326	7,203	7,177
Common Stock	722.72	722.72	722.72	722.72	722.72
Additional Paid-In Capital	916.98	916.98	916.98	916.98	916.98
Retained Earnings	10,931	10,951	10,708	10,285	8,664
Comprehensive Income & Other	63.47	218.52	264.43	231.41	182.3
Total Common Equity	12,634	12,810	12,612	12,157	10,486
Minority Interest	-118.67	-46.09	0.03	-19.11	41.59
Shareholders' Equity	12,515	12,763	12,612	12,137	10,527
Total Liabilities & Equity	19,368	19,688	19,938	19,340	17,705
Total Debt	2,444	2,204	2,271	1,511	2,320
Net Cash (Debt)	-443.94	500.79	890.33	1,675	-1,299
Net Cash Growth	-	-43.75%	-46.85%	-	-
Net Cash Per Share	-0.61	0.69	1.23	2.32	-1.80
Filing Date Shares Outstanding	722.72	722.72	722.72	722.72	722.72
Total Common Shares Outstanding	722.72	722.72	722.72	722.72	722.72
Working Capital	293.2	666.6	833.05	677.73	-1,256
Book Value Per Share	17.48	17.72	17.45	16.82	14.51
Tangible Book Value	11,193	11,503	11,305	10,836	8,985
Tangible Book Value Per Share	15.49	15.92	15.64	14.99	12.43
Buildings	3,705	3,537	3,373	3,615	3,753
Machinery	12,237	11,667	10,965	9,979	10,536
Construction In Progress	2,027	1,986	1,621	1,626	1,720

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