SHA:600543 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	65.21	123.43	49.82	211.74	240.06
Cash & Short-Term Investments	65.21	123.43	49.82	211.74	240.06
Cash Growth	-47.17%	147.75%	-76.47%	-11.80%	-26.92%
Accounts Receivable	45.57	76.68	47.16	49.87	68.57
Other Receivables	0.75	1.6	0.47	1.06	1.11
Receivables	46.32	78.28	47.63	50.93	69.68
Inventory	245.11	159.89	153.26	159.55	131.83
Other Current Assets	59.61	13.3	165.81	10.16	23.08
Total Current Assets	416.25	374.9	416.52	432.39	464.65
Property, Plant & Equipment	512.67	567.01	566.12	617.32	691.91
Long-Term Investments	2.36	2.75	1.05	-	-
Other Intangible Assets	26.02	26.86	25.42	26.33	27.18
Long-Term Deferred Tax Assets	15.25	15.12	14.93	14.98	15.03
Long-Term Deferred Charges	6.48	2.85	-	-	-
Other Long-Term Assets	2.15	0.96	0.91	1.78	2.22
Total Assets	981.17	990.46	1,025	1,093	1,201
Accounts Payable	49.49	38.4	36.73	40.92	48.93
Accrued Expenses	4.78	15.08	14.13	14.63	11.58
Short-Term Debt	107.98	39.91	-	-	-
Current Portion of Long-Term Debt	4.05	-	-	-	-
Current Portion of Leases	-	4.05	3.86	3.29	-
Current Income Taxes Payable	8.39	3.44	3.43	3.43	3.43
Current Unearned Revenue	51.84	29.26	37.87	46.84	31.5
Other Current Liabilities	28.69	19.12	17.27	28.06	29.11
Total Current Liabilities	255.21	149.26	113.28	137.18	124.54
Long-Term Debt	4.77	5.81	6.63	6.91	7.31
Long-Term Leases	-	3.84	7.89	10.89	-
Long-Term Unearned Revenue	12.43	14.46	15.41	16.69	17.97
Other Long-Term Liabilities	1.7	1.55	2.05	-	-
Total Liabilities	274.1	174.92	145.26	171.67	149.82
Common Stock	321.12	321.12	321.12	321.12	321.12
Additional Paid-In Capital	466.07	465.93	465.93	465.93	465.93
Retained Earnings	-66.81	40.56	92.64	175.27	286.58
Treasury Stock	-18	-18	-	-	-
Total Common Equity	702.38	809.62	879.7	962.33	1,074
Minority Interest	4.69	5.92	-	-41.19	-22.47
Shareholders' Equity	707.07	815.54	879.7	921.13	1,051
Total Liabilities & Equity	981.17	990.46	1,025	1,093	1,201
Total Debt	116.8	53.61	18.37	21.1	7.31
Net Cash (Debt)	-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	-0.16	0.22	0.10	0.59	0.73
Filing Date Shares Outstanding	349.2	317.8	321.12	321.12	321.12
Total Common Shares Outstanding	349.2	317.8	321.12	321.12	321.12
Working Capital	161.04	225.64	303.24	295.21	340.11
Book Value Per Share	2.01	2.55	2.74	3.00	3.34
Tangible Book Value	676.37	782.76	854.27	936	1,046
Tangible Book Value Per Share	1.94	2.46	2.66	2.91	3.26
Buildings	-	744.47	719.05	741.58	742.44
Machinery	-	350.9	336.71	364.92	376.12
Construction In Progress	-	-	0.25	0.25	29.62

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