SHA:600976 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	113.71	163.17	305.12	219.33	301.66
Short-Term Investments	136.51	-	-	-	-
Trading Asset Securities	954.14	954.19	694.46	641.38	538.63
Cash & Short-Term Investments	1,204	1,117	999.58	860.71	840.28
Cash Growth	7.79%	11.78%	16.13%	2.43%	45.64%
Accounts Receivable	1,040	957.56	1,150	868.66	674.6
Other Receivables	123.8	25.76	31.43	49.64	21.43
Receivables	1,164	983.33	1,181	918.29	696.03
Inventory	286.57	354.31	450.85	362.88	222.6
Other Current Assets	94.89	146.43	134.06	162.85	104.5
Total Current Assets	2,750	2,601	2,766	2,305	1,863
Property, Plant & Equipment	698.07	595.59	450.7	417.65	396.65
Long-Term Investments	722.3	772.18	650.42	444.94	326.85
Goodwill	0.21	0.21	0.21	0.21	0.21
Other Intangible Assets	27.53	28.19	28.87	31.16	32.98
Long-Term Deferred Tax Assets	180.34	129.49	139.44	117.27	118.33
Long-Term Deferred Charges	136.33	130.78	111.27	91.66	87.64
Other Long-Term Assets	12.16	19.74	21.14	32.56	30.01
Total Assets	4,527	4,278	4,168	3,440	2,856
Accounts Payable	642.52	742.22	782.91	611.06	374.92
Accrued Expenses	716.3	574.78	724.73	620.32	592.57
Short-Term Debt	55.05	140.9	79.45	22.52	45
Current Portion of Leases	5.62	6.39	5.12	7.34	6.1
Current Income Taxes Payable	104.05	52.74	66.23	49.68	71.75
Current Unearned Revenue	36.19	61.43	41.19	82.52	37.04
Other Current Liabilities	176.11	166.66	157.31	140.25	191.85
Total Current Liabilities	1,736	1,745	1,857	1,534	1,319
Long-Term Debt	34.03	4	-	-	-
Long-Term Leases	31.03	24.43	30.29	23.48	20.37
Long-Term Unearned Revenue	44.41	46.55	18.61	12.18	27.72
Long-Term Deferred Tax Liabilities	4.8	7.2	5.62	5.97	0.84
Total Liabilities	1,850	1,827	1,911	1,575	1,368
Common Stock	153.4	153.4	153.4	153.4	153.4
Additional Paid-In Capital	522.73	523.42	520.68	509.17	421.5
Retained Earnings	1,980	1,758	1,580	1,212	931.06
Treasury Stock	-	-	-6.76	-14.99	-25.08
Total Common Equity	2,656	2,435	2,248	1,860	1,481
Minority Interest	20.4	15.03	8.78	4.99	7.04
Shareholders' Equity	2,677	2,450	2,256	1,865	1,488
Total Liabilities & Equity	4,527	4,278	4,168	3,440	2,856
Total Debt	125.73	175.71	114.86	53.34	71.48
Net Cash (Debt)	1,079	941.65	884.72	807.37	768.81
Net Cash Growth	14.55%	6.44%	9.58%	5.02%	38.07%
Net Cash Per Share	7.10	6.19	5.79	5.30	5.06
Filing Date Shares Outstanding	153.4	153.4	153.82	152.78	151.97
Total Common Shares Outstanding	153.4	153.4	153.82	152.78	151.97
Working Capital	1,014	856.33	908.95	771.06	544.18
Book Value Per Share	17.32	15.88	14.61	12.17	9.74
Tangible Book Value	2,629	2,407	2,219	1,829	1,448
Tangible Book Value Per Share	17.14	15.69	14.42	11.97	9.53
Buildings	409.52	287.12	284.12	289.38	298.05
Machinery	485.88	314.22	312.36	301.9	251.25
Construction In Progress	40.17	206.68	41.48	17.19	16.73

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