SHA:600727 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	2,060	2,536	2,507	2,482	1,992	935.52
Trading Asset Securities	400	14	42	-	200.66	171.45
Cash & Short-Term Investments	2,460	2,550	2,549	2,482	2,193	1,107
Cash Growth	-4.12%	0.07%	2.69%	13.18%	98.11%	-23.24%
Accounts Receivable	947.85	803.35	941.51	841.51	271.85	288.58
Other Receivables	8.19	1.32	26.6	86.46	12.26	11.9
Receivables	956.04	804.66	968.12	927.97	284.1	300.47
Inventory	919.88	657.43	742.54	686.24	721.31	616.72
Prepaid Expenses	-	5.66	0.04	-	0.04	0.28
Other Current Assets	280.14	267.37	205.97	120.5	241.72	321.96
Total Current Assets	4,616	4,285	4,465	4,217	3,440	2,346
Property, Plant & Equipment	4,039	3,747	3,449	3,517	3,508	3,418
Long-Term Investments	29.72	29.72	62.46	30.46	29.3	28.24
Goodwill	173.61	173.61	173.61	173.61	173.61	173.61
Other Intangible Assets	622.47	618.46	571.65	500.38	426.03	165.68
Long-Term Deferred Tax Assets	20.27	33.05	24.95	46.27	37.19	7.71
Long-Term Deferred Charges	0.29	0.35	0.39	0.43	5.87	3.8
Other Long-Term Assets	9.88	10.14	8.07	32.41	25	25
Total Assets	9,512	8,898	8,755	8,517	7,645	6,168

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	1,131	684.95	1,146	1,377	3,261	1,941
Accrued Expenses	127.7	195.89	220.27	169.08	162.14	140.83
Short-Term Debt	2,272	2,771	2,613	2,502	263	-
Current Portion of Long-Term Debt	26.54	211.73	20.33	120.11	69.5	50
Current Portion of Leases	-	8.21	35.68	64.3	61.11	58.08
Current Income Taxes Payable	74.4	15.44	25.14	20.73	20.58	33.87
Current Unearned Revenue	272.34	196.64	170.87	187.98	177.68	204.1
Other Current Liabilities	401.72	510.23	489.36	586.12	83.06	87.51
Total Current Liabilities	4,306	4,594	4,721	5,027	4,098	2,515
Long-Term Debt	1,326	624.78	350	-	120	50
Long-Term Leases	33.35	46.94	42.16	101.98	166.67	228.15
Long-Term Unearned Revenue	5.42	2.78	3.5	4.22	8	8.72
Long-Term Deferred Tax Liabilities	71.88	66.95	58.17	73.72	55.37	47.55
Other Long-Term Liabilities	-	-	-	-	-	27.15
Total Liabilities	5,742	5,336	5,175	5,207	4,448	2,877

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	528.58	528.58	528.58	528.58	528.58	528.58
Additional Paid-In Capital	1,558	1,558	1,558	1,558	1,558	1,558
Retained Earnings	1,312	1,066	1,054	872.71	770.3	911.46
Comprehensive Income & Other	50.72	44.65	38.79	31.73	33.24	26.47
Total Common Equity	3,449	3,198	3,180	2,991	2,890	3,025
Minority Interest	320.4	364.99	400.16	318.57	306.37	266.77
Shareholders' Equity	3,770	3,563	3,580	3,310	3,197	3,291
Total Liabilities & Equity	9,512	8,898	8,755	8,517	7,645	6,168

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	3,658	3,663	3,061	2,789	680.28	386.23
Net Cash (Debt)	-1,197	-1,112	-512.82	-306.85	1,513	720.74
Net Cash Growth	-	-	-	-	109.89%	-36.50%
Net Cash Per Share	-2.22	-2.03	-0.96	-0.57	2.91	1.36
Filing Date Shares Outstanding	528.58	528.58	528.58	528.58	528.58	528.58
Total Common Shares Outstanding	528.58	528.58	528.58	528.58	528.58	528.58
Working Capital	310.33	-308.64	-256	-810.7	-658.25	-169.03
Book Value Per Share	6.53	6.05	6.02	5.66	5.47	5.72
Tangible Book Value	2,653	2,406	2,435	2,317	2,291	2,685
Tangible Book Value Per Share	5.02	4.55	4.61	4.38	4.33	5.08
Buildings	-	2,532	2,518	2,418	2,346	2,231
Machinery	-	2,872	2,832	2,722	2,615	2,487
Construction In Progress	-	595.34	177.54	198.74	122.37	89.13