SHA:600722 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	1,101	1,103	1,135	1,052	1,090	927.93
Trading Asset Securities	-	-	-	-	15	80
Cash & Short-Term Investments	1,101	1,103	1,135	1,052	1,105	1,008
Cash Growth	-3.39%	-2.85%	7.93%	-4.78%	9.59%	13.24%
Accounts Receivable	2.71	0.56	1.26	2.72	2.71	40.52
Other Receivables	0.05	0.05	0.07	0.52	0.48	0.01
Receivables	2.76	0.61	1.33	3.25	3.19	40.53
Inventory	10.1	6.75	4.2	4.88	6.9	3.98
Other Current Assets	9.95	10.22	10.31	11.02	92.22	90.54
Total Current Assets	1,124	1,120	1,151	1,071	1,207	1,143
Property, Plant & Equipment	120.41	120.25	122.01	130.71	141.14	142.07
Long-Term Investments	205.32	200.82	189.95	178.2	0.57	0.56
Other Intangible Assets	17.7	17.82	19.9	21.71	24.41	26.64
Long-Term Deferred Tax Assets	2.09	2.09	2.1	2.1	2.09	2.1
Other Long-Term Assets	23.46	23.75	26.18	25.41	26.08	27.17
Total Assets	1,493	1,485	1,511	1,429	1,401	1,342
Accounts Payable	52.25	-	-	58.52	69.8	63.66
Accrued Expenses	9.22	14.99	18.38	21.75	20.35	18.65
Current Portion of Leases	-	-	-	0.49	0.11	0.11
Current Income Taxes Payable	2.77	2.18	1.97	1.25	-	6.32
Current Unearned Revenue	9.71	69.34	71.08	22.91	19.59	25.48
Other Current Liabilities	23.65	30.08	28.91	32.11	34.66	31.8
Total Current Liabilities	98.42	116.59	120.34	137.03	144.52	146.03
Long-Term Leases	2.61	-	-	0.09	-	0.1
Long-Term Deferred Tax Liabilities	1.36	1.36	1.56	1.75	1.94	-
Total Liabilities	102.39	117.96	121.89	138.87	146.46	146.13
Common Stock	680.32	680.32	680.32	680.32	680.32	680.32
Additional Paid-In Capital	1,650	1,650	1,649	1,646	1,645	1,645
Retained Earnings	-1,070	-1,083	-1,130	-1,183	-1,217	-1,266
Comprehensive Income & Other	0.21	0.02	-	2.43	0.9	-
Total Common Equity	1,261	1,248	1,199	1,145	1,110	1,059
Minority Interest	128.98	119.05	190.63	144.85	144.93	135.91
Shareholders' Equity	1,390	1,367	1,389	1,290	1,255	1,195
Total Liabilities & Equity	1,493	1,485	1,511	1,429	1,401	1,342
Total Debt	3.42	-	-	0.58	0.11	0.21
Net Cash (Debt)	1,098	1,103	1,135	1,051	1,105	1,008
Net Cash Growth	-3.69%	-2.85%	7.99%	-4.82%	9.61%	13.21%
Net Cash Per Share	1.61	1.62	1.67	1.55	1.62	1.48
Filing Date Shares Outstanding	679.55	680.32	680.32	680.32	680.32	680.32
Total Common Shares Outstanding	679.55	680.32	680.32	680.32	680.32	680.32
Working Capital	1,025	1,004	1,031	933.97	1,062	996.95
Book Value Per Share	1.86	1.83	1.76	1.68	1.63	1.56
Tangible Book Value	1,244	1,230	1,179	1,124	1,085	1,033
Tangible Book Value Per Share	1.83	1.81	1.73	1.65	1.60	1.52
Buildings	-	145.42	143.71	146.13	146.13	143.53
Machinery	-	595.02	590.09	584.04	579.75	564.61
Construction In Progress	-	7.31	1.99	0.4	-	5.04

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