SHA:600560 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	181.71	167.11	122.66	43.92	43.24
Short-Term Investments	-	-	119.5	78.29	47.12
Trading Asset Securities	0.02	0.02	0.02	0.02	0.03
Cash & Short-Term Investments	181.73	167.13	242.19	122.23	90.39
Cash Growth	8.73%	-30.99%	98.14%	35.23%	-37.55%
Accounts Receivable	718.99	693.23	652.69	634.5	593.28
Other Receivables	334.88	231.79	10.43	18.17	10.69
Receivables	1,054	925.02	663.13	652.67	603.97
Inventory	310.95	329.83	391.27	657.28	750.71
Prepaid Expenses	3.79	12.67	0.7	-	-
Other Current Assets	127.75	104.65	89.29	157.2	154.5
Total Current Assets	1,678	1,539	1,387	1,589	1,600
Property, Plant & Equipment	130.21	134.98	140.83	103.68	105.98
Long-Term Investments	13.52	19.78	32.13	21.5	22.85
Other Intangible Assets	21.36	22.06	22.61	23.3	23.98
Long-Term Deferred Tax Assets	42.32	37.86	34.26	33.29	35.11
Long-Term Deferred Charges	11.94	6.58	0.22	0.3	0.37
Other Long-Term Assets	508.01	19.47	20.29	192.67	208.84
Total Assets	2,405	1,780	1,637	1,964	1,997
Accounts Payable	481.02	320.9	266.07	297.18	248.26
Accrued Expenses	71.89	31.4	28.53	33.98	22.8
Short-Term Debt	20.01	-	-	0.2	0.49
Current Portion of Long-Term Debt	5.3	0.01	-	-	-
Current Portion of Leases	0.73	0.43	-	-	-
Current Income Taxes Payable	3.73	4.25	1.87	-	-
Current Unearned Revenue	252.64	213.27	271.05	591.43	671.97
Other Current Liabilities	316.44	203.02	107.29	118.51	160.14
Total Current Liabilities	1,152	773.27	674.81	1,041	1,104
Long-Term Debt	218.65	10	-	-	-
Long-Term Leases	0.59	0.85	-	-	-
Long-Term Unearned Revenue	10.08	11.38	12.69	14	15.45
Long-Term Deferred Tax Liabilities	-	-	-	-	0.31
Other Long-Term Liabilities	-	-	5	5.5	5.5
Total Liabilities	1,381	795.49	692.5	1,061	1,125
Common Stock	223.65	223.65	223.65	223.65	223.65
Additional Paid-In Capital	206.9	206.9	206.9	206.9	206.9
Retained Earnings	550.29	513.17	476.44	437.35	407.42
Comprehensive Income & Other	-	-	-	-	1.11
Total Common Equity	980.84	943.72	906.99	867.9	839.08
Minority Interest	43.53	40.83	37.43	35.42	32.7
Shareholders' Equity	1,024	984.54	944.42	903.32	871.78
Total Liabilities & Equity	2,405	1,780	1,637	1,964	1,997
Total Debt	245.29	11.28	-	0.2	0.49
Net Cash (Debt)	-63.56	155.85	242.19	122.03	89.9
Net Cash Growth	-	-35.65%	98.46%	35.75%	-37.41%
Net Cash Per Share	-0.28	0.70	1.08	0.55	0.40
Filing Date Shares Outstanding	223.65	223.65	223.65	223.65	223.65
Total Common Shares Outstanding	223.65	223.65	223.65	223.65	223.65
Working Capital	526.33	766.04	711.76	548.08	495.9
Book Value Per Share	4.39	4.22	4.06	3.88	3.75
Tangible Book Value	959.48	921.65	884.38	844.6	815.1
Tangible Book Value Per Share	4.29	4.12	3.95	3.78	3.64
Buildings	207.3	207.3	207.28	136.22	139.47
Machinery	52.69	51.82	56.03	56.26	49.44

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.