SHA:600815 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	216.66	342.87	469.33	429.82	310.19
Short-Term Investments	424.99	555.23	401.41	65.08	9.03
Trading Asset Securities	70.02	30.13	62.41	500.95	-
Cash & Short-Term Investments	711.67	928.23	933.16	995.85	319.22
Cash Growth	-23.33%	-0.53%	-6.30%	211.96%	-31.98%
Accounts Receivable	401.54	300.44	358.21	576.36	627.29
Other Receivables	14.16	11.42	12.49	8.7	7.39
Receivables	415.71	311.86	370.7	585.06	1,036
Inventory	301.53	240.34	353.1	531.86	702.74
Prepaid Expenses	44.93	46.65	46.6	65.58	3.93
Other Current Assets	112.08	60.93	59.93	80.96	118.15
Total Current Assets	1,586	1,588	1,763	2,259	2,180
Property, Plant & Equipment	486.81	448.47	358.1	347.72	453.38
Long-Term Investments	135.43	144.35	1.53	2.75	70.53
Other Intangible Assets	118.23	91.7	92.33	95.47	124.16
Long-Term Accounts Receivable	33.53	1.49	-	3.38	9.7
Long-Term Deferred Tax Assets	28.78	28.69	29.57	34.15	36.75
Long-Term Deferred Charges	11.29	9.8	2.93	4.41	3.33
Other Long-Term Assets	7.83	9.72	142.47	7.71	111.49
Total Assets	2,408	2,322	2,390	2,755	2,990
Accounts Payable	274.77	156.86	137.1	260.25	265.77
Accrued Expenses	44.11	46.8	72.83	87.75	84.23
Short-Term Debt	125.81	10.08	20	24.03	89.08
Current Portion of Long-Term Debt	-	51.81	51.84	40.93	103.66
Current Portion of Leases	3.47	3.64	0.22	0.27	1.13
Current Income Taxes Payable	1.77	0.22	3.11	3.12	2.87
Current Unearned Revenue	60.48	88.99	119.48	120.72	114.95
Other Current Liabilities	62.18	67.55	99.41	257.42	251.14
Total Current Liabilities	572.59	425.95	503.98	794.48	912.83
Long-Term Debt	-	-	51.77	135.97	446.94
Long-Term Leases	32.81	38.9	0.12	-	0.49
Long-Term Unearned Revenue	79.51	84.91	95.12	101.38	114.48
Pension & Post-Retirement Benefits	15.04	21.07	29.43	31.18	43.9
Long-Term Deferred Tax Liabilities	-	-	-	0.09	-
Other Long-Term Liabilities	13.13	14.26	13.29	16.96	21.9
Total Liabilities	713.09	585.09	693.72	1,080	1,541
Common Stock	1,774	1,774	1,774	1,774	1,774
Additional Paid-In Capital	4,147	4,147	4,147	3,920	3,959
Retained Earnings	-4,482	-4,408	-4,415	-4,197	-4,455
Comprehensive Income & Other	13.26	9.55	4.51	2.31	5.15
Total Common Equity	1,452	1,522	1,510	1,500	1,283
Minority Interest	242.59	215.26	186.62	175.13	166.24
Shareholders' Equity	1,695	1,737	1,697	1,675	1,449
Total Liabilities & Equity	2,408	2,322	2,390	2,755	2,990
Total Debt	162.09	104.44	123.96	201.19	641.3
Net Cash (Debt)	549.59	823.79	809.21	794.66	-322.08
Net Cash Growth	-33.29%	1.80%	1.83%	-	-
Net Cash Per Share	0.31	0.49	0.45	0.46	-0.19
Filing Date Shares Outstanding	1,774	1,774	1,774	1,774	1,774
Total Common Shares Outstanding	1,774	1,774	1,774	1,774	1,774
Working Capital	1,013	1,162	1,260	1,465	1,267
Book Value Per Share	0.82	0.86	0.85	0.85	0.72
Tangible Book Value	1,334	1,430	1,418	1,404	1,159
Tangible Book Value Per Share	0.75	0.81	0.80	0.79	0.65
Buildings	232.67	233.28	238.57	242.95	466.49
Machinery	492.25	475.89	385.71	378.12	482.38
Construction In Progress	51.11	3.22	3.76	58.37	1.33

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