SHA:600721 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	298.65	272.05	202.07	135.73	86.88
Cash & Short-Term Investments	298.65	272.05	202.07	135.73	86.88
Cash Growth	9.78%	34.63%	48.88%	56.22%	56.22%
Accounts Receivable	229.06	202.04	217.65	204.24	167.04
Other Receivables	5.03	6.45	6.18	3.95	7.94
Receivables	234.09	208.48	223.82	208.19	174.98
Inventory	30.36	99.72	124.83	149.43	194.05
Other Current Assets	2.31	3.02	14.04	12.32	12.18
Total Current Assets	565.41	583.27	564.77	505.67	468.09
Property, Plant & Equipment	138.27	140.11	138.19	147.8	161.64
Long-Term Investments	55.15	63.77	63.7	60.74	58.51
Goodwill	11.49	11.49	11.49	11.49	11.49
Other Intangible Assets	6.59	8.41	10.07	11.49	11.67
Long-Term Deferred Tax Assets	34.84	31.78	14.82	15.4	14.94
Long-Term Deferred Charges	37.13	30.19	13.47	4.17	4.68
Other Long-Term Assets	248.69	245.53	245.51	244.93	251.29
Total Assets	1,098	1,115	1,062	1,002	982.31
Accounts Payable	56.81	86.65	100.73	92.82	58.39
Accrued Expenses	26.57	29.57	29.15	26.8	25.18
Short-Term Debt	-	-	-	-	6.3
Current Portion of Leases	-	0.1	0.44	0.51	-
Current Income Taxes Payable	2.08	1.78	1.45	1.22	1.17
Current Unearned Revenue	110.13	140.51	111.27	98.85	85.73
Other Current Liabilities	51.25	50.51	65.4	69	77.11
Total Current Liabilities	246.84	309.12	308.44	289.2	253.89
Long-Term Leases	-	-	1.13	1.82	-
Long-Term Unearned Revenue	1.3	1.06	1.81	2.35	3.02
Pension & Post-Retirement Benefits	0.96	1.16	0.83	0.99	0.88
Long-Term Deferred Tax Liabilities	45.47	43.52	42.09	39.8	36.88
Other Long-Term Liabilities	1.16	1.1	1.1	0.5	1.39
Total Liabilities	295.73	355.96	355.39	334.66	296.06
Common Stock	384.55	384.03	381.69	377.67	375.13
Additional Paid-In Capital	362.34	2,266	2,258	2,235	2,217
Retained Earnings	47.72	-1,898	-1,940	-1,953	-1,918
Comprehensive Income & Other	7.24	7.2	7.29	7.43	7.66
Total Common Equity	801.84	758.58	706.62	667.01	681.3
Minority Interest	-	-	-	-	4.95
Shareholders' Equity	801.84	758.58	706.62	667.01	686.25
Total Liabilities & Equity	1,098	1,115	1,062	1,002	982.31
Total Debt	-	0.1	1.57	2.33	6.3
Net Cash (Debt)	298.65	271.95	200.5	133.4	80.59
Net Cash Growth	9.82%	35.64%	50.29%	65.54%	44.90%
Net Cash Per Share	0.78	0.71	0.53	0.35	0.21
Filing Date Shares Outstanding	384.55	384.03	381.69	377.67	375.13
Total Common Shares Outstanding	384.55	384.03	381.69	377.67	375.13
Working Capital	318.57	274.15	256.33	216.47	214.21
Book Value Per Share	2.09	1.98	1.85	1.77	1.82
Tangible Book Value	783.76	738.68	685.06	644.04	658.14
Tangible Book Value Per Share	2.04	1.92	1.79	1.71	1.75
Buildings	161.92	161.92	161.92	161.73	158.52
Machinery	185.39	174.08	158.62	150.41	146.97

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