SHA:600775 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	1,125	757.64	877.14	1,059	963.22
Trading Asset Securities	498.12	491.59	485.16	503.81	472.24
Cash & Short-Term Investments	1,623	1,249	1,362	1,563	1,435
Cash Growth	29.95%	-8.30%	-12.85%	8.90%	-21.00%
Accounts Receivable	1,650	1,680	1,559	1,505	1,348
Other Receivables	29.54	37.89	35.09	50.58	51.03
Receivables	1,680	1,718	1,595	1,556	1,399
Inventory	453.95	487.81	570.78	601.45	975.42
Other Current Assets	275.11	275.02	376.82	162.19	201.4
Total Current Assets	4,032	3,730	3,904	3,883	4,011
Property, Plant & Equipment	732.5	774.38	823.62	867.23	931.83
Long-Term Investments	410.75	492.99	469.85	719.77	706.13
Other Intangible Assets	83.92	98.47	112.25	130.57	150.97
Long-Term Deferred Tax Assets	21.55	19.54	21.27	21.74	17.02
Long-Term Deferred Charges	11.19	16.4	18.65	10.98	10.93
Other Long-Term Assets	176.06	188.63	190.86	232.26	229.79
Total Assets	5,468	5,321	5,541	5,865	6,058
Accounts Payable	1,574	1,439	1,518	1,674	1,822
Accrued Expenses	75.41	90.92	74.22	95.86	61.19
Short-Term Debt	-	42.33	70.11	-	-
Current Portion of Long-Term Debt	5.04	-	-	-	-
Current Portion of Leases	-	4.15	4.09	6.12	9.08
Current Income Taxes Payable	43.63	5.33	9.23	8.48	9.05
Current Unearned Revenue	148.78	124.67	100.77	78.56	170.5
Other Current Liabilities	177.21	177.21	125.27	124.96	122.59
Total Current Liabilities	2,024	1,883	1,902	1,988	2,195
Long-Term Leases	2.63	4.63	9.1	5.2	3.59
Long-Term Unearned Revenue	26.26	32.42	40.34	46.54	44.92
Long-Term Deferred Tax Liabilities	5.62	5.03	6.35	6.74	0.4
Other Long-Term Liabilities	2.29	6	6.45	8.73	11.84
Total Liabilities	2,061	1,931	1,964	2,055	2,256
Common Stock	913.84	913.84	913.84	913.84	913.84
Additional Paid-In Capital	1,470	1,471	1,471	1,471	1,471
Retained Earnings	740.22	729.49	918.34	1,170	1,143
Comprehensive Income & Other	-	0.28	0.36	-0.95	-0.07
Total Common Equity	3,124	3,114	3,303	3,554	3,527
Minority Interest	283	275.32	273.8	256.29	275.15
Shareholders' Equity	3,407	3,390	3,577	3,810	3,802
Total Liabilities & Equity	5,468	5,321	5,541	5,865	6,058
Total Debt	7.67	51.1	83.3	11.31	12.66
Net Cash (Debt)	1,616	1,198	1,279	1,552	1,423
Net Cash Growth	34.85%	-6.32%	-17.58%	9.07%	-20.99%
Net Cash Per Share	1.76	1.31	1.40	1.70	1.56
Filing Date Shares Outstanding	928.15	913.84	913.84	913.84	913.84
Total Common Shares Outstanding	928.15	913.84	913.84	913.84	913.84
Working Capital	2,008	1,847	2,003	1,895	1,816
Book Value Per Share	3.37	3.41	3.61	3.89	3.86
Tangible Book Value	3,040	3,016	3,191	3,423	3,376
Tangible Book Value Per Share	3.28	3.30	3.49	3.75	3.69
Buildings	-	945.93	944.59	921.96	866.34
Machinery	-	751.96	735.56	731.24	741.75
Construction In Progress	-	1.51	0.99	1.22	1.66

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