SHA:600539 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	133.42	100.03	95.18	175.65	230.57
Short-Term Investments	-	-	-	-	0
Trading Asset Securities	0.6	69.07	100.15	141.14	60
Cash & Short-Term Investments	134.02	169.09	195.33	316.79	290.57
Cash Growth	-20.74%	-13.43%	-38.34%	9.02%	-8.66%
Accounts Receivable	32.82	40.51	38.01	67.56	52.29
Other Receivables	4.06	6.22	22.98	6.8	7.75
Receivables	36.88	46.73	60.99	74.35	60.04
Inventory	181.83	153.24	158.72	112.19	131.56
Prepaid Expenses	-	0.31	0.26	0.03	0.54
Other Current Assets	46.26	16.41	51.01	40.13	40.13
Total Current Assets	398.99	385.78	466.31	543.49	522.84
Property, Plant & Equipment	19.78	26.38	24.09	29.54	37.7
Long-Term Investments	3	3.01	2.69	17.99	14.25
Goodwill	37.69	50.67	50.67	76.21	76.21
Other Intangible Assets	1.83	1.84	2.17	1.15	0.15
Long-Term Deferred Tax Assets	10.03	8.25	8.16	4.82	2.41
Long-Term Deferred Charges	1.2	1.52	1.95	2.52	2.95
Other Long-Term Assets	-	-	0.03	28.51	16.45
Total Assets	472.52	477.45	556.06	704.22	672.95
Accounts Payable	26.11	19.28	23.22	15.36	15.81
Accrued Expenses	13.61	11.28	13.14	22.33	13.15
Short-Term Debt	59.05	36.36	35.07	44.27	44.47
Current Portion of Leases	-	4.18	2.1	4.1	6.05
Current Income Taxes Payable	-	0.92	1.12	8.03	11.62
Current Unearned Revenue	3.92	5.1	25.86	2.41	12.01
Other Current Liabilities	8.14	8.15	17.24	6.64	15.51
Total Current Liabilities	110.84	85.27	117.75	103.13	118.61
Long-Term Leases	4.51	8.62	6.17	7.21	13.5
Long-Term Unearned Revenue	0.44	0.61	0.77	0.92	-
Long-Term Deferred Tax Liabilities	0.04	4.08	3.13	4.27	6.05
Total Liabilities	115.83	98.58	127.82	115.54	138.17
Common Stock	230	230	230	230	230
Additional Paid-In Capital	523.08	523.08	523.31	544.52	546.54
Retained Earnings	-453.12	-431.28	-401.66	-324.07	-341.59
Total Common Equity	299.96	321.8	351.65	450.45	434.95
Minority Interest	56.73	57.06	76.59	138.23	99.83
Shareholders' Equity	356.68	378.86	428.24	588.68	534.78
Total Liabilities & Equity	472.52	477.45	556.06	704.22	672.95
Total Debt	63.57	49.17	43.34	55.59	64.03
Net Cash (Debt)	70.45	119.92	151.99	261.2	226.55
Net Cash Growth	-41.25%	-21.10%	-41.81%	15.30%	-26.95%
Net Cash Per Share	0.29	0.53	0.67	1.19	0.94
Filing Date Shares Outstanding	282.38	230	230	230	230
Total Common Shares Outstanding	282.38	230	230	230	230
Working Capital	288.15	300.52	348.56	440.36	404.23
Book Value Per Share	1.06	1.40	1.53	1.96	1.89
Tangible Book Value	260.44	269.29	298.81	373.09	358.6
Tangible Book Value Per Share	0.92	1.17	1.30	1.62	1.56
Buildings	-	10.4	10.4	10.4	10.4
Machinery	-	13.26	13.74	13.98	12.39

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