SHA:600513 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	265.5	349.09	227.72	281.38	330.65	330.69
Cash & Short-Term Investments	265.5	349.09	227.72	281.38	330.65	330.69
Cash Growth	-0.92%	53.30%	-19.07%	-14.90%	-0.01%	36.73%
Accounts Receivable	788.86	729.98	593.41	585.63	575.95	517.71
Other Receivables	46.66	84.27	69.39	28.17	14.74	17.06
Receivables	835.52	814.25	662.81	613.8	590.69	534.77
Inventory	618	660.68	439.32	315.45	279.39	202.59
Other Current Assets	261.71	162.11	148.22	142.77	167.83	134.29
Total Current Assets	1,981	1,986	1,478	1,353	1,369	1,202
Property, Plant & Equipment	1,529	1,475	1,210	1,151	1,006	849.99
Long-Term Investments	6.7	6.01	2.59	11.64	2.93	4.62
Goodwill	62.5	62.5	21.07	21.07	21.07	21.07
Other Intangible Assets	236.89	231.17	100.94	101.32	88.17	76.98
Long-Term Deferred Tax Assets	34.66	35.82	22.13	23.34	20.57	7.62
Long-Term Deferred Charges	266.37	250.89	160.79	41.37	41.49	45.92
Other Long-Term Assets	40	49.49	24.21	152.69	166.33	146.25
Total Assets	4,156	4,097	3,019	2,856	2,715	2,355
Accounts Payable	619.37	570.95	351.32	263.38	248.11	227.96
Accrued Expenses	35.46	61.58	57.32	75.53	74.13	46.26
Short-Term Debt	1,036	958.59	697.72	591.76	590.63	504.55
Current Portion of Long-Term Debt	-	229.33	98.05	30.4	49.41	4.17
Current Portion of Leases	-	1.51	1.16	0.71	-	-
Current Income Taxes Payable	-	7.33	4.88	9.14	10.26	5.55
Current Unearned Revenue	34.19	56.74	38.3	27.13	29.07	21.82
Other Current Liabilities	391.58	142.61	91.01	248.46	242.22	207.02
Total Current Liabilities	2,116	2,029	1,340	1,247	1,244	1,017
Long-Term Debt	320.24	355.09	80	79	49.65	49.9
Long-Term Leases	4.57	5.18	6.39	3.91	-	-
Long-Term Unearned Revenue	12.56	12.24	11.34	3.93	2.35	2.65
Long-Term Deferred Tax Liabilities	15.16	15.92	4.75	4.43	5.01	3.93
Other Long-Term Liabilities	0	-	-	0.59	0.37	0.07
Total Liabilities	2,469	2,417	1,442	1,338	1,301	1,074
Common Stock	285.46	285.46	285.46	285.46	287.15	287.99
Additional Paid-In Capital	259.94	259.94	259.94	259.94	268.94	268.64
Retained Earnings	733.01	726.59	850.33	808.99	717.05	611.57
Treasury Stock	-	-	-	-	-6.51	-10.09
Comprehensive Income & Other	0.39	-0.24	-0.12	-0.2	-	-
Total Common Equity	1,279	1,272	1,396	1,354	1,267	1,158
Minority Interest	408.94	408.01	181.61	163.12	147.11	122.81
Shareholders' Equity	1,688	1,680	1,577	1,517	1,414	1,281
Total Liabilities & Equity	4,156	4,097	3,019	2,856	2,715	2,355
Total Debt	1,360	1,550	883.33	705.78	689.69	558.63
Net Cash (Debt)	-1,095	-1,201	-655.61	-424.4	-359.05	-227.93
Net Cash Per Share	-3.68	-4.15	-2.26	-1.48	-1.24	-0.79
Filing Date Shares Outstanding	321.24	285.46	285.46	285.46	287.15	287.99
Total Common Shares Outstanding	321.24	285.46	285.46	285.46	287.15	287.99
Working Capital	-135.49	-42.51	138.3	106.88	124.73	185.02
Book Value Per Share	3.98	4.46	4.89	4.74	4.41	4.02
Tangible Book Value	979.41	978.07	1,274	1,232	1,157	1,060
Tangible Book Value Per Share	3.05	3.43	4.46	4.32	4.03	3.68
Buildings	-	813.26	629	517.38	516.88	381.24
Machinery	-	901.78	658.82	539.58	514.41	341.36
Construction In Progress	-	84.34	100.22	225.81	68.31	184.84

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