SHA:600867 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	1,434	586.6	1,104	788.06	865.04
Trading Asset Securities	63.22	55.4	55.52	58.46	37
Cash & Short-Term Investments	1,497	642	1,160	846.52	902.04
Cash Growth	133.19%	-44.64%	37.00%	-6.15%	21.28%
Accounts Receivable	483.16	547.57	869.74	455.99	650.94
Other Receivables	10.52	7.88	8.79	20.56	7.63
Receivables	493.69	555.45	878.53	476.55	658.57
Inventory	704.22	736.31	705.35	653.9	537.92
Prepaid Expenses	-	-	-	0.02	0.03
Other Current Assets	51.76	72.56	72.76	79.43	63.9
Total Current Assets	2,747	2,006	2,816	2,056	2,162
Property, Plant & Equipment	2,538	2,732	2,671	2,678	2,392
Long-Term Investments	569.27	627.75	435.01	362.49	457.91
Other Intangible Assets	547.98	628.05	670.02	487.01	389.07
Long-Term Deferred Tax Assets	66.35	142.91	38.55	46.19	42.41
Long-Term Deferred Charges	1,147	977.32	690.91	607.25	447.29
Other Long-Term Assets	291.02	264.08	449.84	513.13	628.85
Total Assets	7,906	7,379	7,771	6,750	6,520
Accounts Payable	91.1	96.62	115.9	80.86	75
Accrued Expenses	8.91	51.07	30.93	11.03	31.74
Short-Term Debt	33.02	416.76	150	-	-
Current Portion of Long-Term Debt	275.34	-	-	-	-
Current Portion of Leases	-	4.4	-	-	-
Current Income Taxes Payable	35.23	-	52.46	-	80.45
Current Unearned Revenue	7.13	16.07	10.48	21.08	7.89
Other Current Liabilities	94.78	80.52	160.39	49.08	73.47
Total Current Liabilities	545.51	665.44	520.16	162.05	268.55
Long-Term Debt	192.19	253.49	-	2.65	2.65
Long-Term Leases	25.33	19.5	-	-	-
Long-Term Unearned Revenue	28.41	27.66	27.51	28.53	28.67
Long-Term Deferred Tax Liabilities	7.4	11.99	7.41	7.51	-
Total Liabilities	798.84	978.08	555.08	200.74	299.87
Common Stock	1,959	1,982	1,994	1,994	2,034
Additional Paid-In Capital	301.67	508.77	622.56	641.9	1,006
Retained Earnings	4,920	4,186	4,725	4,053	3,567
Treasury Stock	-88.11	-300.28	-134.83	-150.37	-398.13
Comprehensive Income & Other	10.67	6.91	5.28	6.39	6.94
Total Common Equity	7,103	6,384	7,211	6,544	6,215
Minority Interest	4.42	16.89	5.09	5.31	5.35
Shareholders' Equity	7,108	6,400	7,216	6,550	6,220
Total Liabilities & Equity	7,906	7,379	7,771	6,750	6,520
Total Debt	525.89	694.15	150	2.65	2.65
Net Cash (Debt)	971.17	-52.15	1,010	843.87	899.39
Net Cash Growth	-	-	19.65%	-6.17%	21.36%
Net Cash Per Share	0.49	-0.02	0.51	0.42	0.44
Filing Date Shares Outstanding	1,952	1,907	1,916	1,984	2,018
Total Common Shares Outstanding	1,952	1,907	1,916	1,984	2,018
Working Capital	2,201	1,341	2,296	1,894	1,894
Book Value Per Share	3.64	3.35	3.76	3.30	3.08
Tangible Book Value	6,555	5,755	6,541	6,057	5,826
Tangible Book Value Per Share	3.36	3.02	3.41	3.05	2.89
Buildings	-	1,829	1,437	1,452	1,305
Machinery	-	2,356	1,532	1,591	1,301
Construction In Progress	-	226.11	1,319	1,158	1,203

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