SHA:600594 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	489.9	447.13	521.01	699.47	592.36	379.63
Short-Term Investments	-	-	20	-	-	-
Cash & Short-Term Investments	489.9	447.13	541.01	699.47	592.36	379.63
Cash Growth	7.18%	-17.35%	-22.66%	18.08%	56.04%	-47.15%
Accounts Receivable	327.34	376.97	528.94	692.32	722.23	698.66
Other Receivables	37.92	31.88	38.88	53.84	56.42	38.42
Receivables	365.27	408.86	567.82	746.16	778.65	737.07
Inventory	540.24	546.9	607.77	586.65	625.08	554.63
Other Current Assets	47.67	44.83	33.43	36.87	44.54	48.65
Total Current Assets	1,443	1,448	1,750	2,069	2,041	1,720
Property, Plant & Equipment	1,439	1,474	1,648	1,755	1,827	1,709
Long-Term Investments	35.78	35.9	36.41	36.66	37.46	38.27
Goodwill	-	-	131.26	164.04	164.04	777.66
Other Intangible Assets	308.26	312.29	319.56	330.89	362.03	378.54
Long-Term Deferred Tax Assets	76.14	77.81	90.34	55.58	229.96	202.28
Long-Term Deferred Charges	73.09	77.82	103.47	123.13	145.72	169.81
Other Long-Term Assets	23.33	16.18	20.58	62.42	63.17	72.4
Total Assets	3,398	3,442	4,100	4,597	4,870	5,068
Accounts Payable	82.6	102.99	117.98	124.54	133.25	108.47
Accrued Expenses	27.7	45.51	57.79	72.43	103.61	86.57
Short-Term Debt	438.87	413.93	380.93	446.05	537.11	454.45
Current Portion of Long-Term Debt	123.81	188.17	227.68	115.05	162.15	120.15
Current Portion of Leases	-	-	8.98	13.97	15.37	9.16
Current Income Taxes Payable	21.14	17.69	8.85	7.54	21.07	47.42
Current Unearned Revenue	25.55	24.28	27.12	29.52	67.51	54.15
Other Current Liabilities	128.28	116.32	119.68	120.49	132.64	199.01
Total Current Liabilities	847.95	908.88	949.01	929.59	1,173	1,079
Long-Term Debt	150.19	100.14	307.52	387.22	343.04	315.93
Long-Term Leases	2.28	2.36	26.78	30.36	29.3	12.41
Long-Term Unearned Revenue	85.57	88.17	94.64	106.31	100.18	67.6
Long-Term Deferred Tax Liabilities	31.44	31.94	34.74	37.44	33.9	30.26
Other Long-Term Liabilities	39.16	39.76	80.9	88.07	0.65	-
Total Liabilities	1,157	1,171	1,494	1,579	1,680	1,506
Common Stock	791.93	791.93	791.93	791.93	791.93	791.93
Additional Paid-In Capital	681.59	681.59	653.84	653.84	733.84	766.15
Retained Earnings	709.47	738.99	1,069	1,438	1,518	1,944
Treasury Stock	-25	-25	-25	-	-	-
Comprehensive Income & Other	0.28	0.28	0.45	0.65	0.99	1.19
Total Common Equity	2,158	2,188	2,490	2,884	3,044	3,503
Minority Interest	83.38	82.82	116.35	133.81	145.85	59.25
Shareholders' Equity	2,242	2,271	2,606	3,018	3,190	3,562
Total Liabilities & Equity	3,398	3,442	4,100	4,597	4,870	5,068
Total Debt	715.15	704.59	951.89	992.65	1,087	912.11
Net Cash (Debt)	-225.25	-257.46	-410.88	-293.18	-494.6	-532.48
Net Cash Per Share	-0.29	-0.33	-0.52	-0.37	-0.62	-0.67
Filing Date Shares Outstanding	776.97	777.89	784.39	791.93	791.93	791.93
Total Common Shares Outstanding	776.97	777.89	784.39	791.93	791.93	791.93
Working Capital	595.13	538.84	801.01	1,140	867.92	640.59
Book Value Per Share	2.78	2.81	3.17	3.64	3.84	4.42
Tangible Book Value	1,850	1,875	2,039	2,390	2,518	2,347
Tangible Book Value Per Share	2.38	2.41	2.60	3.02	3.18	2.96
Buildings	-	-	1,911	1,865	1,686	1,326
Machinery	-	-	924.43	933.15	906.77	809.92
Construction In Progress	-	-	0.7	4.99	145.94	472.4

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