SHA:600773 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	277.5	969.71	563.69	583.43	854.3
Short-Term Investments	220.53	291.12	-	-	-
Trading Asset Securities	20.07	-	-	-	-
Cash & Short-Term Investments	518.1	1,261	563.69	583.43	854.3
Cash Growth	-58.91%	123.68%	-3.38%	-31.71%	-33.82%
Accounts Receivable	18.39	7.77	19.55	14.5	11.2
Other Receivables	12.39	24.15	102.02	81.07	65.17
Receivables	30.78	31.92	121.57	95.57	76.37
Inventory	6,168	7,003	8,748	9,337	10,993
Prepaid Expenses	253.07	279.94	330.55	369.18	201.9
Other Current Assets	3.36	9.44	10.33	9.38	50.87
Total Current Assets	6,973	8,585	9,774	10,395	12,176
Property, Plant & Equipment	2,735	2,767	2,491	2,510	1,481
Long-Term Investments	161.07	148.81	177.01	277.88	282.84
Other Intangible Assets	201.49	207.05	214.33	220.9	227.82
Long-Term Deferred Tax Assets	11.4	23.71	170.78	163.97	148.31
Long-Term Deferred Charges	25.67	24.43	25.2	27.05	27.99
Other Long-Term Assets	55.12	65.23	654.17	350.06	243.67
Total Assets	10,163	11,822	13,507	13,945	14,587
Accounts Payable	917.62	1,145	1,374	1,681	1,853
Accrued Expenses	53.75	52.97	221.56	165.25	130.1
Short-Term Debt	143.06	37.03	25.03	-	100.13
Current Portion of Long-Term Debt	133.76	1,048	786.96	1,688	1,688
Current Portion of Leases	81.16	263.92	527.82	167.15	-
Current Income Taxes Payable	1.72	82.45	111.14	87.68	135.19
Current Unearned Revenue	40.04	584.43	841.73	1,883	1,584
Other Current Liabilities	2,126	2,129	3,026	1,073	864.85
Total Current Liabilities	3,498	5,343	6,914	6,746	6,355
Long-Term Debt	2,604	1,538	2,700	3,232	4,535
Long-Term Leases	85.18	263.61	198.18	250.58	-
Long-Term Unearned Revenue	0.18	0.25	0.25	0.33	0.42
Long-Term Deferred Tax Liabilities	35.67	32.71	21.86	23.28	26.89
Total Liabilities	6,222	7,178	9,835	10,251	10,917
Common Stock	951.59	951.59	819.66	819.66	819.66
Additional Paid-In Capital	2,496	2,496	1,642	1,642	1,642
Retained Earnings	742.01	1,304	1,301	1,252	1,150
Comprehensive Income & Other	104.64	95.27	62.2	65.98	76.44
Total Common Equity	4,294	4,847	3,825	3,780	3,688
Minority Interest	-353.73	-203.11	-152.67	-86.56	-17.08
Shareholders' Equity	3,941	4,644	3,672	3,693	3,671
Total Liabilities & Equity	10,163	11,822	13,507	13,945	14,587
Total Debt	3,047	3,151	4,238	5,337	6,322
Net Cash (Debt)	-2,529	-1,890	-3,675	-4,754	-5,468
Net Cash Per Share	-2.65	-1.51	-4.74	-5.68	-6.46
Filing Date Shares Outstanding	951.59	951.59	951.59	819.66	819.66
Total Common Shares Outstanding	951.59	951.59	819.66	819.66	819.66
Working Capital	3,476	3,242	2,860	3,649	5,821
Book Value Per Share	4.51	5.09	4.67	4.61	4.50
Tangible Book Value	4,093	4,640	3,610	3,559	3,460
Tangible Book Value Per Share	4.30	4.88	4.40	4.34	4.22
Buildings	3,078	2,645	2,418	2,696	1,617
Machinery	33.42	19.08	14.52	14.06	13.85
Construction In Progress	-	396.52	293.15	89.81	79.69

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