Shang Hai Ya Tong 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	1,022	1,252	1,144	325.71	671.35	453.97
Cash & Short-Term Investments	1,022	1,252	1,144	325.71	671.35	453.97
Cash Growth	11.26%	9.46%	251.12%	-51.48%	47.88%	-22.75%
Accounts Receivable	229.66	266.83	351.7	367.59	461.45	261.36
Other Receivables	59.38	251.93	24.4	9.22	46.15	4.97
Receivables	289.04	519.94	377.28	378.04	510.15	267.75
Inventory	2,493	2,656	2,695	1,466	1,033	1,161
Prepaid Expenses	-	-	-	-	0.09	1.7
Other Current Assets	60.48	122.1	227.53	122.15	95.6	112.5
Total Current Assets	3,865	4,550	4,443	2,292	2,310	1,997
Property, Plant & Equipment	467.5	439.38	319.11	174.14	168.57	141.52
Long-Term Investments	171.63	167.99	142.11	186.72	180.37	186.53
Goodwill	18.88	18.88	18.88	18.88	18.88	18.88
Other Intangible Assets	18.31	18.46	14.46	8.9	9.23	9.56
Long-Term Deferred Tax Assets	11.41	11.03	12.33	23.46	17.26	13.55
Long-Term Deferred Charges	25.19	27.55	36.46	26.92	33.21	37.92
Other Long-Term Assets	188.48	194.97	201.03	238.38	218.41	226.49
Total Assets	4,766	5,428	5,187	2,970	2,956	2,631
Accounts Payable	987.99	1,231	877.14	403.34	427.29	269.37
Accrued Expenses	5.51	20.11	25.82	50.03	57.3	20.68
Short-Term Debt	72.71	72.75	341.73	269.07	283.92	197.29
Current Portion of Long-Term Debt	9.79	10.74	25.73	11.26	8.64	58.86
Current Portion of Leases	-	6.19	7.39	9.23	6.27	1.76
Current Income Taxes Payable	10.97	12.26	6.89	14.69	4.95	1.11
Current Unearned Revenue	1,817	2,031	1,925	273.92	148.98	491.6
Other Current Liabilities	375.6	382.62	464.14	342.33	407.77	276.45
Total Current Liabilities	3,279	3,767	3,673	1,374	1,345	1,317
Long-Term Debt	200.16	148.74	56.33	72.28	544.5	279.32
Long-Term Leases	18.14	14.43	19.14	24.66	43.75	3.61
Long-Term Unearned Revenue	-	-	-	1.39	4.18	6.96
Long-Term Deferred Tax Liabilities	17.31	16.99	13.53	21.97	16.93	19.69
Other Long-Term Liabilities	-	-	-	52.11	12.5	24.42
Total Liabilities	3,515	3,947	3,762	1,546	1,967	1,651
Common Stock	351.76	351.76	351.76	351.76	351.76	351.76
Additional Paid-In Capital	60.76	60.76	60.76	60.76	60.76	60.76
Retained Earnings	520.92	519.03	504.23	505.04	502.6	498.02
Comprehensive Income & Other	38.85	36.15	20.83	9.12	11.28	15.28
Total Common Equity	972.3	967.71	937.59	926.69	926.4	925.83
Minority Interest	279.26	514.07	487.52	496.72	62.31	54.42
Shareholders' Equity	1,252	1,482	1,425	1,423	988.71	980.25
Total Liabilities & Equity	4,766	5,428	5,187	2,970	2,956	2,631
Total Debt	300.8	252.85	450.31	386.49	887.09	540.83
Net Cash (Debt)	721.43	998.99	693.32	-60.78	-215.74	-86.86
Net Cash Growth	68.97%	44.09%	-	-	-	-
Net Cash Per Share	2.05	2.84	1.97	-0.17	-0.61	-0.25
Filing Date Shares Outstanding	351.76	351.76	351.76	351.76	351.76	351.76
Total Common Shares Outstanding	351.76	351.76	351.76	351.76	351.76	351.76
Working Capital	585.77	783.69	769.72	918.4	964.65	679.8
Book Value Per Share	2.76	2.75	2.67	2.63	2.63	2.63
Tangible Book Value	935.12	930.37	904.26	898.91	898.3	897.39
Tangible Book Value Per Share	2.66	2.64	2.57	2.56	2.55	2.55
Buildings	-	155.68	117.19	87.74	113.67	108.28
Machinery	-	288.46	131.19	115.97	95.9	86.33
Construction In Progress	-	67.41	123.15	10.38	1.62	-

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