SHA:600727 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	2,536	2,507	2,482	1,992	935.52
Trading Asset Securities	14	42	-	200.66	171.45
Cash & Short-Term Investments	2,550	2,549	2,482	2,193	1,107
Cash Growth	0.07%	2.69%	13.18%	98.11%	-23.24%
Accounts Receivable	803.35	941.51	841.51	271.85	288.58
Other Receivables	1.32	26.6	86.46	12.26	11.9
Receivables	804.66	968.12	927.97	284.1	300.47
Inventory	657.43	742.54	686.24	721.31	616.72
Prepaid Expenses	-	-	-	0.04	0.28
Other Current Assets	273.03	206.01	120.5	241.72	321.96
Total Current Assets	4,285	4,465	4,217	3,440	2,346
Property, Plant & Equipment	3,747	3,449	3,517	3,508	3,418
Long-Term Investments	29.72	62.46	30.46	29.3	28.24
Goodwill	173.61	173.61	173.61	173.61	173.61
Other Intangible Assets	618.46	571.65	500.38	426.03	165.68
Long-Term Deferred Tax Assets	33.05	24.95	46.27	37.19	7.71
Long-Term Deferred Charges	0.35	0.39	0.43	5.87	3.8
Other Long-Term Assets	10.14	8.07	32.41	25	25
Total Assets	8,898	8,755	8,517	7,645	6,168
Accounts Payable	684.95	1,146	1,377	3,261	1,941
Accrued Expenses	135.97	220.27	169.08	162.14	140.83
Short-Term Debt	2,771	2,613	2,502	263	-
Current Portion of Long-Term Debt	-	20.33	120.11	69.5	50
Current Portion of Leases	-	35.68	64.3	61.11	58.08
Current Income Taxes Payable	59.13	25.14	20.73	20.58	33.87
Current Unearned Revenue	196.64	170.87	187.98	177.68	204.1
Other Current Liabilities	746.41	489.36	586.12	83.06	87.51
Total Current Liabilities	4,594	4,721	5,027	4,098	2,515
Long-Term Debt	624.78	350	-	120	50
Long-Term Leases	46.94	42.16	101.98	166.67	228.15
Long-Term Unearned Revenue	2.78	3.5	4.22	8	8.72
Long-Term Deferred Tax Liabilities	66.95	58.17	73.72	55.37	47.55
Other Long-Term Liabilities	-	-	-	-	27.15
Total Liabilities	5,336	5,175	5,207	4,448	2,877
Common Stock	528.58	528.58	528.58	528.58	528.58
Additional Paid-In Capital	1,558	1,558	1,558	1,558	1,558
Retained Earnings	1,066	1,054	872.71	770.3	911.46
Comprehensive Income & Other	44.65	38.79	31.73	33.24	26.47
Total Common Equity	3,198	3,180	2,991	2,890	3,025
Minority Interest	364.99	400.16	318.57	306.37	266.77
Shareholders' Equity	3,563	3,580	3,310	3,197	3,291
Total Liabilities & Equity	8,898	8,755	8,517	7,645	6,168
Total Debt	3,443	3,061	2,789	680.28	386.23
Net Cash (Debt)	-892.38	-512.82	-306.85	1,513	720.74
Net Cash Growth	-	-	-	109.89%	-36.50%
Net Cash Per Share	-1.63	-0.96	-0.57	2.91	1.36
Filing Date Shares Outstanding	559.85	528.58	528.58	528.58	528.58
Total Common Shares Outstanding	559.85	528.58	528.58	528.58	528.58
Working Capital	-308.64	-256	-810.7	-658.25	-169.03
Book Value Per Share	5.71	6.02	5.66	5.47	5.72
Tangible Book Value	2,406	2,435	2,317	2,291	2,685
Tangible Book Value Per Share	4.30	4.61	4.38	4.33	5.08
Buildings	-	2,518	2,418	2,346	2,231
Machinery	-	2,832	2,722	2,615	2,487
Construction In Progress	-	177.54	198.74	122.37	89.13

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.