SHA:600573 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	1,031	1,081	1,256	1,075	962.4	788.85
Trading Asset Securities	120.37	90.33	20.21	-	-	20.18
Cash & Short-Term Investments	1,151	1,172	1,276	1,075	962.4	809.03
Cash Growth	-10.60%	-8.19%	18.75%	11.67%	18.96%	9.53%
Accounts Receivable	2.09	0.64	0.69	0.72	-	-
Other Receivables	1.31	1.41	0.72	0.16	0.3	0.23
Receivables	3.4	2.05	1.41	0.88	0.3	0.23
Inventory	78.57	81.98	70.46	72.8	83.5	105.11
Prepaid Expenses	-	0.11	0	0.08	-	0.1
Other Current Assets	10.25	5.95	5.32	5.8	4.17	3.52
Total Current Assets	1,244	1,262	1,353	1,154	1,050	918
Property, Plant & Equipment	243.22	246.52	264.26	272.81	297.38	319.88
Other Intangible Assets	50.49	50.75	52.2	54.08	56.07	58.06
Long-Term Deferred Tax Assets	11.29	11.29	8.93	9.92	5.59	8.55
Other Long-Term Assets	173.43	175.91	2.27	2.34	-	-
Total Assets	1,722	1,746	1,681	1,493	1,409	1,304
Accounts Payable	175.97	186.11	152.43	95.83	93.66	54.82
Accrued Expenses	13.6	18.74	17.1	8.09	25.74	6.26
Short-Term Debt	20	40	82	20	-	-
Current Portion of Long-Term Debt	0.9	0.48	-	-	-	-
Current Income Taxes Payable	9.46	0.33	0.18	5.47	0	1.22
Current Unearned Revenue	70.16	81.6	74	67.46	27.19	14.83
Other Current Liabilities	46.88	45.38	48.19	37.54	39.69	32.34
Total Current Liabilities	336.97	372.62	373.91	234.39	186.29	109.47
Long-Term Debt	9.75	6.4	-	-	-	-
Long-Term Deferred Tax Liabilities	-	-	-	1.84	2.08	4.16
Other Long-Term Liabilities	0.09	0.09	0.11	0.25	0.38	0.73
Total Liabilities	346.82	379.11	374.01	236.48	188.74	114.36
Common Stock	250	250	250	250	250	250
Additional Paid-In Capital	506.07	506.07	506.07	506.07	506.07	506.07
Retained Earnings	609.74	601.52	541.53	491.7	455.67	425.32
Total Common Equity	1,366	1,358	1,298	1,248	1,212	1,181
Minority Interest	9.4	9.6	9.45	9.2	8.94	8.75
Shareholders' Equity	1,375	1,367	1,307	1,257	1,221	1,190
Total Liabilities & Equity	1,722	1,746	1,681	1,493	1,409	1,304
Total Debt	30.65	46.88	82	20	-	-
Net Cash (Debt)	1,121	1,125	1,194	1,055	962.4	809.03
Net Cash Growth	-7.06%	-5.81%	13.23%	9.59%	18.96%	9.53%
Net Cash Per Share	4.50	4.50	4.77	4.22	3.84	3.23
Filing Date Shares Outstanding	250	250	250	250	250	250
Total Common Shares Outstanding	250	250	250	250	250	250
Working Capital	906.64	889.21	979.49	919.89	864.09	808.53
Book Value Per Share	5.46	5.43	5.19	4.99	4.85	4.73
Tangible Book Value	1,315	1,307	1,245	1,194	1,156	1,123
Tangible Book Value Per Share	5.26	5.23	4.98	4.77	4.62	4.49
Buildings	-	426.32	425.76	425.68	425.08	425.08
Machinery	-	753.58	839.79	851.39	861.73	860.26

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