SHA:600560 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	136.67	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	0.02	0.03
Cash & Short-Term Investments	136.69	181.73	167.13	242.19	122.23	90.39
Cash Growth	17.78%	8.73%	-30.99%	98.14%	35.23%	-37.55%
Accounts Receivable	679.31	718.99	693.23	652.69	634.5	593.28
Other Receivables	342.85	334.88	231.79	10.43	18.17	10.69
Receivables	1,022	1,054	925.02	663.13	652.67	603.97
Inventory	358.26	310.95	329.83	391.27	657.28	750.71
Prepaid Expenses	-	3.79	12.67	0.7	-	-
Other Current Assets	157.38	127.75	104.65	89.29	157.2	154.5
Total Current Assets	1,674	1,678	1,539	1,387	1,589	1,600
Property, Plant & Equipment	128.24	130.21	134.98	140.83	103.68	105.98
Long-Term Investments	13.52	13.52	19.78	32.13	21.5	22.85
Other Intangible Assets	21.19	21.36	22.06	22.61	23.3	23.98
Long-Term Deferred Tax Assets	40.21	42.32	37.86	34.26	33.29	35.11
Long-Term Deferred Charges	13.35	11.94	6.58	0.22	0.3	0.37
Other Long-Term Assets	575.14	508.01	19.47	20.29	192.67	208.84
Total Assets	2,466	2,405	1,780	1,637	1,964	1,997
Accounts Payable	491.05	481.02	320.9	266.07	297.18	248.26
Accrued Expenses	21.75	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	4.31	5.3	0.01	-	-	-
Current Portion of Leases	-	0.73	0.43	-	-	-
Current Income Taxes Payable	5.08	3.73	4.25	1.87	-	-
Current Unearned Revenue	311.67	252.64	213.27	271.05	591.43	671.97
Other Current Liabilities	349.61	316.44	203.02	107.29	118.51	160.14
Total Current Liabilities	1,183	1,152	773.27	674.81	1,041	1,104
Long-Term Debt	240.9	218.65	10	-	-	-
Long-Term Leases	0.6	0.59	0.85	-	-	-
Long-Term Unearned Revenue	9.75	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	1,435	1,381	795.49	692.5	1,061	1,125
Common Stock	223.65	223.65	223.65	223.65	223.65	223.65
Additional Paid-In Capital	206.9	206.9	206.9	206.9	206.9	206.9
Retained Earnings	556.64	550.29	513.17	476.44	437.35	407.42
Comprehensive Income & Other	-	-	-	-	-	1.11
Total Common Equity	987.18	980.84	943.72	906.99	867.9	839.08
Minority Interest	44.23	43.53	40.83	37.43	35.42	32.7
Shareholders' Equity	1,031	1,024	984.54	944.42	903.32	871.78
Total Liabilities & Equity	2,466	2,405	1,780	1,637	1,964	1,997
Total Debt	245.82	245.29	11.28	-	0.2	0.49
Net Cash (Debt)	-109.13	-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	-0.49	-0.28	0.70	1.08	0.55	0.40
Filing Date Shares Outstanding	223.65	223.65	223.65	223.65	223.65	223.65
Total Common Shares Outstanding	223.65	223.65	223.65	223.65	223.65	223.65
Working Capital	491.02	526.33	766.04	711.76	548.08	495.9
Book Value Per Share	4.41	4.39	4.22	4.06	3.88	3.75
Tangible Book Value	965.99	959.48	921.65	884.38	844.6	815.1
Tangible Book Value Per Share	4.32	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

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