SHA:600552 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	544.16	300	920.82	805.91	678.14
Trading Asset Securities	0.88	301.98	70.68	736.62	-
Cash & Short-Term Investments	545.05	601.98	991.5	1,543	678.14
Cash Growth	-9.46%	-39.29%	-35.72%	127.47%	-20.89%
Accounts Receivable	1,937	1,680	1,847	1,498	1,614
Other Receivables	230.87	324.4	202.23	10.76	127.69
Receivables	2,168	2,005	2,050	1,509	1,742
Inventory	2,730	2,414	2,039	1,976	1,849
Prepaid Expenses	4.6	9.55	3.47	-	10.08
Other Current Assets	503.71	421.41	335.99	384.91	366.28
Total Current Assets	5,951	5,452	5,419	5,412	4,645
Property, Plant & Equipment	5,254	4,886	3,791	3,522	3,082
Goodwill	192.18	192.18	192.18	196.26	196.26
Other Intangible Assets	763.16	630.98	601.8	568.21	490.91
Long-Term Deferred Tax Assets	49.2	43.55	40.8	47.1	52.31
Long-Term Deferred Charges	52.41	39.43	10.74	17.27	26.08
Other Long-Term Assets	54.42	25.34	176.92	142.69	15.82
Total Assets	12,316	11,269	10,233	9,906	8,509
Accounts Payable	1,781	1,200	928.86	908.9	1,544
Accrued Expenses	129.97	125.56	101.73	82.45	184.24
Short-Term Debt	3,036	2,394	1,893	1,003	1,695
Current Portion of Long-Term Debt	1,087	730.29	1,169	839.15	352.56
Current Portion of Leases	0.99	0.99	0.47	11.15	13.19
Current Income Taxes Payable	31.92	29.96	31.8	23.38	27.2
Current Unearned Revenue	27.44	47.07	37.56	50.06	55.17
Other Current Liabilities	408.59	369.61	437.77	1,180	70.11
Total Current Liabilities	6,502	4,897	4,600	4,098	3,942
Long-Term Debt	853.08	1,576	976.38	1,120	1,022
Long-Term Leases	1.67	2.54	-	9.28	21.74
Long-Term Unearned Revenue	234.64	159.83	155.36	105.49	98.95
Long-Term Deferred Tax Liabilities	0.37	0.6	0	-	-
Other Long-Term Liabilities	0.15	0.37	2.59	0.02	-
Total Liabilities	7,592	6,637	5,734	5,334	5,084
Common Stock	944.61	944.61	944.61	944.61	763.88
Additional Paid-In Capital	2,509	2,509	2,509	2,666	1,883
Retained Earnings	797.04	715.6	622.67	562.71	485.49
Total Common Equity	4,251	4,170	4,077	4,173	3,132
Minority Interest	473.17	462.61	422.32	398.84	292.6
Shareholders' Equity	4,724	4,632	4,499	4,572	3,425
Total Liabilities & Equity	12,316	11,269	10,233	9,906	8,509
Total Debt	4,978	4,704	4,039	2,983	3,104
Net Cash (Debt)	-4,433	-4,102	-3,047	-1,440	-2,426
Net Cash Per Share	-4.69	-4.34	-3.23	-1.85	-3.18
Filing Date Shares Outstanding	944.61	944.61	944.61	944.61	763.88
Total Common Shares Outstanding	944.61	944.61	944.61	944.61	763.88
Working Capital	-551.05	554.6	819.47	1,314	703.77
Book Value Per Share	4.50	4.41	4.32	4.42	4.10
Tangible Book Value	3,296	3,346	3,283	3,409	2,445
Tangible Book Value Per Share	3.49	3.54	3.48	3.61	3.20
Buildings	1,797	1,497	1,010	1,032	908.17
Machinery	3,682	3,763	3,286	3,376	3,024
Construction In Progress	1,452	1,350	987.61	528.19	280.99

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