SHA:600543 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	87.46	65.21	123.43	49.82	211.74	240.06
Cash & Short-Term Investments	87.46	65.21	123.43	49.82	211.74	240.06
Cash Growth	0.49%	-47.17%	147.75%	-76.47%	-11.80%	-26.92%
Accounts Receivable	76.63	45.57	76.68	47.16	49.87	68.57
Other Receivables	0.45	0.75	1.6	0.47	1.06	1.11
Receivables	77.08	46.32	78.28	47.63	50.93	69.68
Inventory	241.07	245.11	159.89	153.26	159.55	131.83
Other Current Assets	68.98	59.61	13.3	165.81	10.16	23.08
Total Current Assets	474.59	416.25	374.9	416.52	432.39	464.65
Property, Plant & Equipment	502.96	512.67	567.01	566.12	617.32	691.91
Long-Term Investments	2.3	2.36	2.75	1.05	-	-
Other Intangible Assets	25.6	26.02	26.86	25.42	26.33	27.18
Long-Term Deferred Tax Assets	15.35	15.25	15.12	14.93	14.98	15.03
Long-Term Deferred Charges	8.34	6.48	2.85	-	-	-
Other Long-Term Assets	1.38	2.15	0.96	0.91	1.78	2.22
Total Assets	1,031	981.17	990.46	1,025	1,093	1,201
Accounts Payable	43.24	49.49	38.4	36.73	40.92	48.93
Accrued Expenses	3.59	10.97	15.08	14.13	14.63	11.58
Short-Term Debt	129.59	107.98	39.91	-	-	-
Current Portion of Long-Term Debt	4.1	-	-	-	-	-
Current Portion of Leases	-	4.05	4.05	3.86	3.29	-
Current Income Taxes Payable	9.67	3.43	3.44	3.43	3.43	3.43
Current Unearned Revenue	34.86	51.84	29.26	37.87	46.84	31.5
Other Current Liabilities	40.32	27.45	19.12	17.27	28.06	29.11
Total Current Liabilities	265.37	255.21	149.26	113.28	137.18	124.54
Long-Term Debt	54.61	4.77	5.81	6.63	6.91	7.31
Long-Term Leases	-	-	3.84	7.89	10.89	-
Long-Term Unearned Revenue	12.1	13.18	14.46	15.41	16.69	17.97
Other Long-Term Liabilities	0.91	0.94	1.55	2.05	-	-
Total Liabilities	332.99	274.1	174.92	145.26	171.67	149.82
Common Stock	321.12	321.12	321.12	321.12	321.12	321.12
Additional Paid-In Capital	466.07	466.07	465.93	465.93	465.93	465.93
Retained Earnings	-75.77	-66.81	40.56	92.64	175.27	286.58
Treasury Stock	-18	-18	-18	-	-	-
Total Common Equity	693.41	702.38	809.62	879.7	962.33	1,074
Minority Interest	4.13	4.69	5.92	-	-41.19	-22.47
Shareholders' Equity	697.54	707.07	815.54	879.7	921.13	1,051
Total Liabilities & Equity	1,031	981.17	990.46	1,025	1,093	1,201
Total Debt	188.3	116.8	53.61	18.37	21.1	7.31
Net Cash (Debt)	-100.85	-51.59	69.82	31.45	190.65	232.75
Net Cash Growth	-	-	122.02%	-83.51%	-18.09%	-3.00%
Net Cash Per Share	-0.31	-0.16	0.22	0.10	0.59	0.73
Filing Date Shares Outstanding	321.35	317.8	317.8	321.12	321.12	321.12
Total Common Shares Outstanding	321.35	317.8	317.8	321.12	321.12	321.12
Working Capital	209.22	161.04	225.64	303.24	295.21	340.11
Book Value Per Share	2.16	2.21	2.55	2.74	3.00	3.34
Tangible Book Value	667.82	676.37	782.76	854.27	936	1,046
Tangible Book Value Per Share	2.08	2.13	2.46	2.66	2.91	3.26
Buildings	-	738.2	744.47	719.05	741.58	742.44
Machinery	-	358.8	350.9	336.71	364.92	376.12
Construction In Progress	-	9.91	-	0.25	0.25	29.62