SHA:600568 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	377.41	389.37	404.14	536.05	577.18	527.35
Short-Term Investments	-	21.93	21.83	22	-	-
Trading Asset Securities	-	-	-	50	35	116.24
Cash & Short-Term Investments	377.41	411.3	425.97	608.06	612.18	643.59
Cash Growth	-11.15%	-3.44%	-29.95%	-0.67%	-4.88%	-7.88%
Accounts Receivable	95.31	91.05	90.52	116.56	151.77	85.02
Other Receivables	369.16	291.38	330.67	334.83	414.32	490.86
Receivables	464.47	382.43	421.2	451.39	566.09	575.89
Inventory	185.07	191.29	305.7	545.25	631.21	641.68
Prepaid Expenses	-	18.84	21	16.58	22.38	30.66
Other Current Assets	80.16	111.41	59.3	63.98	7.47	11.38
Total Current Assets	1,107	1,115	1,233	1,685	1,839	1,903
Property, Plant & Equipment	290.11	343.68	501.98	528.64	841.1	1,266
Long-Term Investments	10.44	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	30.64	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	2.09	2.97	4.94	7.38	7.19	48.48
Long-Term Deferred Charges	7.65	8.84	6.41	6.51	226.7	8.38
Other Long-Term Assets	391.71	342.07	209.51	258.56	260.68	391.66
Total Assets	1,951	1,974	2,121	3,019	3,713	4,458
Accounts Payable	75.54	68.23	71.39	96.94	62.53	86.78
Accrued Expenses	12.05	48.19	40.38	43.61	27.87	61.14
Short-Term Debt	8.46	8.46	-	2.67	1.75	1.99
Current Portion of Long-Term Debt	3.28	-	-	-	-	-
Current Portion of Leases	-	3.01	3.55	3.02	12.73	13.1
Current Income Taxes Payable	71.41	51.72	51.58	58.03	185.45	108.56
Current Unearned Revenue	28.23	18.66	43.66	59.68	63.03	37.24
Other Current Liabilities	117.73	118.96	123.69	108.72	109.91	93.84
Total Current Liabilities	316.7	317.23	334.25	372.68	463.27	402.66
Long-Term Leases	10.07	10.64	12.08	12.76	258.54	268.81
Long-Term Unearned Revenue	1.97	2.39	4.07	5.74	7.41	9.09
Long-Term Deferred Tax Liabilities	12.85	12.88	26.96	36.9	46.33	48.29
Other Long-Term Liabilities	0.31	0.41	0.51	0.27	0.42	0.39
Total Liabilities	341.9	343.56	377.87	428.35	775.97	729.24
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	-3,298	-3,278	-3,164	-2,543	-2,199	-1,400
Treasury Stock	-90	-90	-90	-	-	-
Comprehensive Income & Other	3.43	3.5	2.59	2.58	2.63	3.08
Total Common Equity	1,616	1,636	1,749	2,454	2,798	3,597
Minority Interest	-7.19	-5.26	-6.51	136.47	138.94	131.18
Shareholders' Equity	1,609	1,631	1,743	2,590	2,937	3,729
Total Liabilities & Equity	1,951	1,974	2,121	3,019	3,713	4,458
Total Debt	21.82	22.12	15.63	18.46	273.02	283.9
Net Cash (Debt)	355.59	389.18	410.33	589.6	339.17	359.69
Net Cash Growth	-13.25%	-5.16%	-30.40%	73.84%	-5.70%	-45.71%
Net Cash Per Share	0.19	0.20	0.21	0.30	0.17	0.18
Filing Date Shares Outstanding	1,909	1,931	1,931	1,993	1,993	1,993
Total Common Shares Outstanding	1,909	1,931	1,931	1,993	1,993	1,993
Working Capital	790.4	798.05	898.91	1,313	1,376	1,501
Book Value Per Share	0.85	0.85	0.91	1.23	1.40	1.81
Tangible Book Value	1,474	1,494	1,594	2,297	2,638	3,407
Tangible Book Value Per Share	0.77	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

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