SHA:600568 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	408.42	389.37	404.14	536.05	577.18	527.35
Short-Term Investments	-	21.93	21.83	22	-	-
Trading Asset Securities	13.5	-	-	50	35	116.24
Cash & Short-Term Investments	421.92	411.3	425.97	608.06	612.18	643.59
Cash Growth	-3.52%	-3.44%	-29.95%	-0.67%	-4.88%	-7.88%
Accounts Receivable	92.89	91.05	90.52	116.56	151.77	85.02
Other Receivables	352.11	291.38	330.67	334.83	414.32	490.86
Receivables	445	382.43	421.2	451.39	566.09	575.89
Inventory	127.97	191.29	305.7	545.25	631.21	641.68
Prepaid Expenses	-	18.84	21	16.58	22.38	30.66
Other Current Assets	77.52	111.41	59.3	63.98	7.47	11.38
Total Current Assets	1,072	1,115	1,233	1,685	1,839	1,903
Property, Plant & Equipment	278.34	343.68	501.98	528.64	841.1	1,266
Long-Term Investments	10.31	10.51	9.59	348.51	362.15	619.6
Goodwill	110.86	110.86	111.61	111.61	111.61	138.34
Other Intangible Assets	29.47	31.11	43.43	45.38	47.91	52.55
Long-Term Accounts Receivable	-	8.98	-	26.96	16.22	29.48
Long-Term Deferred Tax Assets	3.33	2.97	4.94	7.38	7.19	48.48
Long-Term Deferred Charges	24.77	8.84	6.41	6.51	226.7	8.38
Other Long-Term Assets	388.27	342.07	209.51	258.56	260.68	391.66
Total Assets	1,918	1,974	2,121	3,019	3,713	4,458

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	66.25	68.23	71.39	96.94	62.53	86.78
Accrued Expenses	13.18	48.19	40.38	43.61	27.87	61.14
Short-Term Debt	16.46	8.46	-	2.67	1.75	1.99
Current Portion of Long-Term Debt	4	-	-	-	-	-
Current Portion of Leases	-	3.01	3.55	3.02	12.73	13.1
Current Income Taxes Payable	68.05	51.72	51.58	58.03	185.45	108.56
Current Unearned Revenue	33.32	18.66	43.66	59.68	63.03	37.24
Other Current Liabilities	138.08	118.96	123.69	108.72	109.91	93.84
Total Current Liabilities	339.35	317.23	334.25	372.68	463.27	402.66
Long-Term Leases	24.02	10.64	12.08	12.76	258.54	268.81
Long-Term Unearned Revenue	1.14	2.39	4.07	5.74	7.41	9.09
Long-Term Deferred Tax Liabilities	13.71	12.88	26.96	36.9	46.33	48.29
Other Long-Term Liabilities	0.41	0.41	0.51	0.27	0.42	0.39
Total Liabilities	378.62	343.56	377.87	428.35	775.97	729.24

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	1,993	1,993	1,993	1,993	1,993	1,993
Additional Paid-In Capital	3,007	3,007	3,007	3,002	3,002	3,002
Retained Earnings	-3,351	-3,278	-3,164	-2,543	-2,199	-1,400
Treasury Stock	-90	-90	-90	-	-	-
Comprehensive Income & Other	3.3	3.5	2.59	2.58	2.63	3.08
Total Common Equity	1,563	1,636	1,749	2,454	2,798	3,597
Minority Interest	-23.58	-5.26	-6.51	136.47	138.94	131.18
Shareholders' Equity	1,539	1,631	1,743	2,590	2,937	3,729
Total Liabilities & Equity	1,918	1,974	2,121	3,019	3,713	4,458

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	44.48	22.12	15.63	18.46	273.02	283.9
Net Cash (Debt)	377.44	389.18	410.33	589.6	339.17	359.69
Net Cash Growth	-12.05%	-5.16%	-30.40%	73.84%	-5.70%	-45.71%
Net Cash Per Share	0.24	0.20	0.21	0.30	0.17	0.18
Filing Date Shares Outstanding	1,256	1,931	1,931	1,993	1,993	1,993
Total Common Shares Outstanding	1,256	1,931	1,931	1,993	1,993	1,993
Working Capital	733.07	798.05	898.91	1,313	1,376	1,501
Book Value Per Share	1.24	0.85	0.91	1.23	1.40	1.81
Tangible Book Value	1,422	1,494	1,594	2,297	2,638	3,407
Tangible Book Value Per Share	1.13	0.77	0.83	1.15	1.32	1.71
Buildings	-	301.89	503.54	474.17	476	653.81
Machinery	-	418.61	426.47	425.98	436.77	375.25
Construction In Progress	-	14.17	2.28	1.16	20.99	259.48