SHA:600527 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	188.23	160.91	155.83	302.33	268.05	347.73
Short-Term Investments	-	-	-	-	50.88	51.04
Trading Asset Securities	0.99	0.96	304.79	546.74	705.52	604.51
Cash & Short-Term Investments	189.22	161.87	460.63	849.07	1,024	1,003
Cash Growth	-59.64%	-64.86%	-45.75%	-17.12%	2.11%	-18.91%
Accounts Receivable	61	41.99	30.36	49.96	57.93	76.86
Other Receivables	0.14	0.03	0.13	-	0.05	0.15
Receivables	61.14	42.01	30.48	49.96	57.98	77.01
Inventory	263.01	322.05	306.88	367.83	332.54	351.28
Prepaid Expenses	-	-	0.06	0.06	-	0.06
Other Current Assets	772.83	719.48	5.02	2.68	3.87	13.21
Total Current Assets	1,286	1,245	803.07	1,270	1,419	1,445
Property, Plant & Equipment	713.78	731.56	821.26	890.89	892.76	878.33
Long-Term Investments	10.8	10.79	10.95	10.93	11.83	17.16
Goodwill	-	-	-	-	-	1.5
Other Intangible Assets	31.24	31.52	32.93	34.08	35.22	36.48
Long-Term Deferred Tax Assets	1.05	1.57	1.02	0.69	0.41	2.39
Other Long-Term Assets	124.75	127.71	580.19	131.13	141.7	146.28
Total Assets	2,168	2,149	2,249	2,337	2,501	2,527
Accounts Payable	23.28	19.32	28.73	42.27	51.91	60.08
Accrued Expenses	0.69	2.5	4.62	5.52	9.41	3.84
Short-Term Debt	-	5.97	3.67	-	18.33	-
Current Portion of Long-Term Debt	0.61	2.41	-	-	-	-
Current Portion of Leases	-	-	2.31	2.2	2.46	1.87
Current Income Taxes Payable	6.25	2.65	0.14	0.74	0.82	2.34
Current Unearned Revenue	16.33	8.71	11.05	14.77	13.23	12.58
Other Current Liabilities	13.03	6.4	4.95	5.2	5.7	6.37
Total Current Liabilities	60.19	47.96	55.47	70.69	101.87	87.09
Long-Term Leases	-	-	2.41	4.72	6.57	6.66
Long-Term Unearned Revenue	33.77	34.61	38.23	41.85	45.17	48.48
Long-Term Deferred Tax Liabilities	-	-	-	0.05	-	-
Total Liabilities	93.96	82.57	96.11	117.31	153.6	142.23
Common Stock	1,732	1,732	1,732	1,732	1,732	1,732
Additional Paid-In Capital	20.42	20.42	20.42	20.42	20.42	20.42
Retained Earnings	361.89	354.05	418.79	467.3	594.48	632.06
Treasury Stock	-40.9	-40.9	-18.34	-	-	-
Comprehensive Income & Other	0.68	0.68	0.68	0.51	0.51	0.51
Total Common Equity	2,074	2,066	2,153	2,220	2,347	2,385
Shareholders' Equity	2,074	2,066	2,153	2,220	2,347	2,385
Total Liabilities & Equity	2,168	2,149	2,249	2,337	2,501	2,527
Total Debt	0.61	8.38	8.39	6.92	27.36	8.53
Net Cash (Debt)	188.61	153.49	452.24	842.14	997.1	994.75
Net Cash Growth	-59.57%	-66.06%	-46.30%	-15.54%	0.24%	-19.41%
Net Cash Per Share	0.11	0.09	0.26	0.49	0.57	0.57
Filing Date Shares Outstanding	1,705	1,868	1,717	1,732	1,732	1,732
Total Common Shares Outstanding	1,705	1,868	1,718	1,732	1,732	1,732
Working Capital	1,226	1,197	747.6	1,199	1,317	1,358
Book Value Per Share	1.22	1.11	1.25	1.28	1.36	1.38
Tangible Book Value	2,043	2,034	2,120	2,186	2,312	2,347
Tangible Book Value Per Share	1.20	1.09	1.23	1.26	1.34	1.36
Buildings	-	-	443.39	430.6	332.12	324.7
Machinery	-	-	1,390	1,379	1,241	1,101
Construction In Progress	-	-	0.46	4.55	167.97	259.95

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