Shang Hai Ya Tong Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	-	1,144	325.71	671.35	453.97
Cash & Short-Term Investments	903.25	1,144	325.71	671.35	453.97
Cash Growth	-21.02%	251.12%	-51.48%	47.88%	-22.75%
Accounts Receivable	-	351.7	367.59	461.45	261.36
Other Receivables	-	24.4	9.22	46.15	4.97
Receivables	-	377.28	378.04	510.15	267.75
Inventory	-	2,695	1,466	1,033	1,161
Prepaid Expenses	-	-	-	0.09	1.7
Other Current Assets	-	227.53	122.15	95.6	112.5
Total Current Assets	-	4,443	2,292	2,310	1,997
Property, Plant & Equipment	-	319.11	174.14	168.57	141.52
Long-Term Investments	-	142.11	186.72	180.37	186.53
Goodwill	-	18.88	18.88	18.88	18.88
Other Intangible Assets	-	14.46	8.9	9.23	9.56
Long-Term Deferred Tax Assets	-	12.33	23.46	17.26	13.55
Long-Term Deferred Charges	-	36.46	26.92	33.21	37.92
Other Long-Term Assets	-	201.03	238.38	218.41	226.49
Total Assets	-	5,188	2,970	2,956	2,631
Accounts Payable	-	877.14	403.34	427.29	269.37
Accrued Expenses	-	25.82	50.03	57.3	20.68
Short-Term Debt	-	341.73	269.07	283.92	197.29
Current Portion of Long-Term Debt	-	25.73	11.26	8.64	58.86
Current Portion of Leases	-	7.39	9.23	6.27	1.76
Current Income Taxes Payable	-	6.89	14.69	4.95	1.11
Current Unearned Revenue	-	1,924	273.92	148.98	491.6
Other Current Liabilities	-	464.34	342.33	407.77	276.45
Total Current Liabilities	-	3,673	1,374	1,345	1,317
Long-Term Debt	-	56.33	72.28	544.5	279.32
Long-Term Leases	-	19.14	24.66	43.75	3.61
Long-Term Unearned Revenue	-	-	1.39	4.18	6.96
Long-Term Deferred Tax Liabilities	-	13.53	21.97	16.93	19.69
Other Long-Term Liabilities	-	-	52.11	12.5	24.42
Total Liabilities	-	3,762	1,546	1,967	1,651
Common Stock	-	351.76	351.76	351.76	351.76
Additional Paid-In Capital	-	60.76	60.76	60.76	60.76
Retained Earnings	-	504.37	505.04	502.6	498.02
Comprehensive Income & Other	-	20.83	9.12	11.28	15.28
Total Common Equity	924.64	937.72	926.69	926.4	925.83
Minority Interest	-	487.52	496.72	62.31	54.42
Shareholders' Equity	1,414	1,425	1,423	988.71	980.25
Total Liabilities & Equity	-	5,188	2,970	2,956	2,631
Total Debt	255.12	450.31	386.49	887.09	540.83
Net Cash (Debt)	648.13	693.32	-60.78	-215.74	-86.86
Net Cash Growth	-6.52%	-	-	-	-
Net Cash Per Share	1.84	1.97	-0.17	-0.61	-0.25
Filing Date Shares Outstanding	352.3	351.76	351.76	351.76	351.76
Total Common Shares Outstanding	352.3	351.76	351.76	351.76	351.76
Working Capital	-	769.86	918.4	964.65	679.8
Book Value Per Share	2.63	2.67	2.63	2.63	2.63
Tangible Book Value	887.16	904.39	898.91	898.3	897.39
Tangible Book Value Per Share	2.52	2.57	2.56	2.55	2.55
Buildings	-	117.19	87.74	113.67	108.28
Machinery	-	131.19	115.97	95.9	86.33
Construction In Progress	-	123.15	10.38	1.62	-

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