SHA:600796 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	974.49	948.5	876.28	873.21	918.79
Cash & Short-Term Investments	974.49	948.5	876.28	873.21	918.79
Cash Growth	2.74%	8.24%	0.35%	-4.96%	72.87%
Accounts Receivable	1,025	1,155	1,148	939.8	901.39
Other Receivables	44.39	21.9	38.57	44.33	27.61
Receivables	1,069	1,177	1,187	984.13	929
Inventory	132.62	193.14	195.91	129.63	111.7
Prepaid Expenses	9.85	12.78	11.58	7.51	11.31
Other Current Assets	61.57	54.92	62.4	75.72	93.27
Total Current Assets	2,248	2,386	2,333	2,070	2,064
Property, Plant & Equipment	1,165	1,398	1,254	1,307	1,138
Long-Term Investments	604.6	597.38	524.26	552.02	563.55
Other Intangible Assets	3,377	3,050	2,640	2,669	2,625
Long-Term Deferred Tax Assets	59.26	42.44	41.09	37.3	38.98
Long-Term Deferred Charges	18.67	21.24	15.35	14.62	10.71
Other Long-Term Assets	122.68	56.08	63.49	47.22	50.06
Total Assets	7,594	7,551	6,871	6,697	6,490
Accounts Payable	655.89	606.99	571.77	409.17	470.39
Accrued Expenses	60.64	74.72	83.39	72.55	76.54
Short-Term Debt	332.65	488.7	592.57	366.66	646.68
Current Portion of Long-Term Debt	212.91	247.59	399.57	277.04	236.25
Current Portion of Leases	0.67	0.89	0.16	0.3	0.16
Current Income Taxes Payable	19.11	8.34	9.23	13.48	18.12
Current Unearned Revenue	67.48	17.86	24.74	27.56	34.07
Other Current Liabilities	377.05	197.02	265.53	315.47	160.02
Total Current Liabilities	1,726	1,642	1,947	1,482	1,642
Long-Term Debt	1,402	1,739	974.5	1,363	1,292
Long-Term Leases	0.68	1.58	0.08	0.24	0.08
Long-Term Unearned Revenue	308.16	224.14	120.98	121.41	130.78
Long-Term Deferred Tax Liabilities	-	0.88	0.45	0.48	0.51
Other Long-Term Liabilities	451.96	386.49	331.62	327.37	120.5
Total Liabilities	3,889	3,994	3,375	3,295	3,186
Common Stock	866.59	866.59	866.59	866.59	866.59
Additional Paid-In Capital	1,464	1,463	1,463	1,463	1,463
Retained Earnings	1,091	928.81	795.67	673.38	553.99
Comprehensive Income & Other	18.35	17.29	12.81	11.96	9.75
Total Common Equity	3,440	3,276	3,138	3,015	2,893
Minority Interest	265.07	280.61	358.6	387.49	411.09
Shareholders' Equity	3,705	3,557	3,497	3,402	3,304
Total Liabilities & Equity	7,594	7,551	6,871	6,697	6,490
Total Debt	1,949	2,478	1,967	2,007	2,175
Net Cash (Debt)	-974.29	-1,529	-1,091	-1,134	-1,256
Net Cash Per Share	-1.11	-1.72	-1.24	-1.32	-1.87
Filing Date Shares Outstanding	866.59	866.59	866.59	866.59	866.59
Total Common Shares Outstanding	866.59	866.59	866.59	866.59	866.59
Working Capital	521.18	743.77	385.76	587.99	421.85
Book Value Per Share	3.97	3.78	3.62	3.48	3.34
Tangible Book Value	63.29	225.8	498.18	345.66	268.46
Tangible Book Value Per Share	0.07	0.26	0.57	0.40	0.31
Buildings	674.15	640.86	599.12	580	556.83
Machinery	595.28	904.74	942.78	903.54	897.63
Construction In Progress	405.81	431.04	206.4	298.61	84.39

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