SHA:600773 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	526.08	277.5	969.71	563.69	583.43	854.3
Short-Term Investments	-	220.53	291.12	-	-	-
Trading Asset Securities	20.07	20.07	-	-	-	-
Cash & Short-Term Investments	546.15	518.1	1,261	563.69	583.43	854.3
Cash Growth	-44.55%	-58.91%	123.68%	-3.38%	-31.71%	-33.82%
Accounts Receivable	12.14	18.39	7.77	19.55	14.5	11.2
Other Receivables	13.3	12.39	24.15	102.02	81.07	65.17
Receivables	25.43	30.78	31.92	121.57	95.57	76.37
Inventory	6,150	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	315.33	3.36	9.44	10.33	9.38	50.87
Total Current Assets	7,037	6,973	8,585	9,774	10,395	12,176
Property, Plant & Equipment	2,714	2,735	2,767	2,491	2,510	1,481
Long-Term Investments	158.16	161.07	148.81	177.01	277.88	282.84
Other Intangible Assets	200.09	201.49	207.05	214.33	220.9	227.82
Long-Term Deferred Tax Assets	11.31	11.4	23.71	170.78	163.97	148.31
Long-Term Deferred Charges	22.84	25.67	24.43	25.2	27.05	27.99
Other Long-Term Assets	54.37	55.12	65.23	654.17	350.06	243.67
Total Assets	10,198	10,163	11,822	13,507	13,945	14,587
Accounts Payable	800.7	917.62	1,145	1,374	1,681	1,853
Accrued Expenses	53.36	53.75	52.97	221.56	165.25	130.1
Short-Term Debt	183.34	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	50.45	40.04	584.43	841.73	1,883	1,584
Other Current Liabilities	2,606	2,126	2,129	3,026	1,073	864.85
Total Current Liabilities	3,694	3,498	5,343	6,914	6,746	6,355
Long-Term Debt	2,603	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	0.16	0.18	0.25	0.25	0.33	0.42
Long-Term Deferred Tax Liabilities	34.95	35.67	32.71	21.86	23.28	26.89
Total Liabilities	6,332	6,222	7,178	9,835	10,251	10,917
Common Stock	951.59	951.59	951.59	819.66	819.66	819.66
Additional Paid-In Capital	2,496	2,496	2,496	1,642	1,642	1,642
Retained Earnings	688.97	742.01	1,304	1,301	1,252	1,150
Comprehensive Income & Other	102.48	104.64	95.27	62.2	65.98	76.44
Total Common Equity	4,239	4,294	4,847	3,825	3,780	3,688
Minority Interest	-373.21	-353.73	-203.11	-152.67	-86.56	-17.08
Shareholders' Equity	3,866	3,941	4,644	3,672	3,693	3,671
Total Liabilities & Equity	10,198	10,163	11,822	13,507	13,945	14,587
Total Debt	2,786	3,047	3,151	4,238	5,337	6,322
Net Cash (Debt)	-2,240	-2,529	-1,890	-3,675	-4,754	-5,468
Net Cash Per Share	-2.36	-2.65	-1.51	-4.74	-5.68	-6.46
Filing Date Shares Outstanding	947.16	951.59	951.59	951.59	819.66	819.66
Total Common Shares Outstanding	947.16	951.59	951.59	819.66	819.66	819.66
Working Capital	3,343	3,476	3,242	2,860	3,649	5,821
Book Value Per Share	4.48	4.51	5.09	4.67	4.61	4.50
Tangible Book Value	4,039	4,093	4,640	3,610	3,559	3,460
Tangible Book Value Per Share	4.26	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.