SHA:600513 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	349.09	227.72	281.38	330.65	330.69
Cash & Short-Term Investments	349.09	227.72	281.38	330.65	330.69
Cash Growth	53.30%	-19.07%	-14.90%	-0.01%	36.73%
Accounts Receivable	729.98	593.41	585.63	575.95	517.71
Other Receivables	43.43	69.39	28.17	14.74	17.06
Receivables	773.41	662.81	613.8	590.69	534.77
Inventory	660.68	439.32	315.45	279.39	202.59
Other Current Assets	202.95	148.22	142.77	167.83	134.29
Total Current Assets	1,986	1,478	1,353	1,369	1,202
Property, Plant & Equipment	1,475	1,210	1,151	1,006	849.99
Long-Term Investments	6.01	2.59	11.64	2.93	4.62
Goodwill	62.5	21.07	21.07	21.07	21.07
Other Intangible Assets	231.17	100.94	101.32	88.17	76.98
Long-Term Deferred Tax Assets	35.82	22.13	23.34	20.57	7.62
Long-Term Deferred Charges	250.89	160.79	41.37	41.49	45.92
Other Long-Term Assets	49.49	24.21	152.69	166.33	146.25
Total Assets	4,097	3,019	2,856	2,715	2,355
Accounts Payable	570.95	351.32	263.38	248.11	227.96
Accrued Expenses	30.65	57.87	75.53	74.13	46.26
Short-Term Debt	958.59	697.72	591.76	590.63	504.55
Current Portion of Long-Term Debt	234.27	98.05	30.4	49.41	4.17
Current Portion of Leases	-	1.16	0.71	-	-
Current Income Taxes Payable	27.58	4.88	9.14	10.26	5.55
Current Unearned Revenue	56.74	38.3	27.13	29.07	21.82
Other Current Liabilities	149.86	90.46	248.46	242.22	207.02
Total Current Liabilities	2,029	1,340	1,247	1,244	1,017
Long-Term Debt	355.09	80	79	49.65	49.9
Long-Term Leases	5.18	6.39	3.91	-	-
Long-Term Unearned Revenue	12.24	11.34	3.93	2.35	2.65
Long-Term Deferred Tax Liabilities	15.92	4.75	4.43	5.01	3.93
Other Long-Term Liabilities	-	-	0.59	0.37	0.07
Total Liabilities	2,417	1,442	1,338	1,301	1,074
Common Stock	285.46	285.46	285.46	287.15	287.99
Additional Paid-In Capital	259.94	259.94	259.94	268.94	268.64
Retained Earnings	726.59	850.33	808.99	717.05	611.57
Treasury Stock	-	-	-	-6.51	-10.09
Comprehensive Income & Other	-0.24	-0.12	-0.2	-	-
Total Common Equity	1,272	1,396	1,354	1,267	1,158
Minority Interest	408.01	181.61	163.12	147.11	122.81
Shareholders' Equity	1,680	1,577	1,517	1,414	1,281
Total Liabilities & Equity	4,097	3,019	2,856	2,715	2,355
Total Debt	1,553	883.33	705.78	689.69	558.63
Net Cash (Debt)	-1,204	-655.61	-424.4	-359.05	-227.93
Net Cash Per Share	-4.16	-2.26	-1.48	-1.24	-0.79
Filing Date Shares Outstanding	280.3	285.46	285.46	287.15	287.99
Total Common Shares Outstanding	280.3	285.46	285.46	287.15	287.99
Working Capital	-42.51	138.3	106.88	124.73	185.02
Book Value Per Share	4.54	4.89	4.74	4.41	4.02
Tangible Book Value	978.07	1,274	1,232	1,157	1,060
Tangible Book Value Per Share	3.49	4.46	4.32	4.03	3.68
Buildings	-	629	517.38	516.88	381.24
Machinery	-	658.82	539.58	514.41	341.36
Construction In Progress	-	100.22	225.81	68.31	184.84

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