SHA:600984 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	-	1,329	1,028	1,245	1,676
Short-Term Investments	-	62.67	55.05	-	-
Cash & Short-Term Investments	799.37	1,391	1,083	1,245	1,676
Cash Growth	-42.54%	28.45%	-12.98%	-25.75%	-29.19%
Accounts Receivable	-	4,780	5,325	5,836	5,488
Other Receivables	-	58.87	72.87	78.91	86.03
Receivables	-	4,839	5,398	5,915	5,574
Inventory	-	376.99	352.97	333.47	413.76
Prepaid Expenses	-	9.19	9.56	16.89	25.02
Other Current Assets	-	354.62	363.52	414.64	489.39
Total Current Assets	-	6,971	7,207	7,924	8,179
Property, Plant & Equipment	-	8,512	8,718	8,726	8,145
Long-Term Investments	-	50	50	-	-
Goodwill	-	154.36	254.47	371.37	371.37
Other Intangible Assets	-	254.14	255.41	263.17	257.1
Long-Term Deferred Tax Assets	-	365.87	393.3	363.06	344.58
Long-Term Deferred Charges	-	38.69	57.86	74.4	77.9
Other Long-Term Assets	-	633.83	637.3	270.69	227.73
Total Assets	-	16,980	17,574	17,993	17,603
Accounts Payable	-	1,373	1,615	1,943	2,501
Accrued Expenses	-	137.03	148.43	148.05	181
Short-Term Debt	-	2,029	2,086	1,956	2,470
Current Portion of Long-Term Debt	-	2,211	2,561	1,016	950.63
Current Portion of Leases	-	395.25	686.67	969.18	266.57
Current Income Taxes Payable	-	5.37	4.41	19.33	77.33
Current Unearned Revenue	-	23.85	22.01	6.9	30.81
Other Current Liabilities	-	101.35	97.55	138.44	1,215
Total Current Liabilities	-	6,276	7,221	6,198	7,691
Long-Term Debt	-	3,555	3,973	4,477	2,101
Long-Term Leases	-	824.16	852.84	1,035	1,464
Long-Term Unearned Revenue	-	10.86	9.72	5.91	1.86
Long-Term Deferred Tax Liabilities	-	59.95	253.85	266.37	243.9
Other Long-Term Liabilities	-	1,976	-	-	-
Total Liabilities	-	12,703	12,311	11,982	11,503
Common Stock	-	1,257	1,257	1,257	966.96
Additional Paid-In Capital	-	3,625	3,625	3,625	3,915
Retained Earnings	-	-629.54	358.9	1,104	1,196
Comprehensive Income & Other	-	24.66	21.7	23.67	18.54
Total Common Equity	4,334	4,277	5,263	6,009	6,097
Minority Interest	-	-	-	1.32	3.29
Shareholders' Equity	4,383	4,277	5,263	6,011	6,100
Total Liabilities & Equity	-	16,980	17,574	17,993	17,603
Total Debt	7,649	9,015	10,160	9,454	7,252
Net Cash (Debt)	-6,850	-7,624	-9,077	-8,209	-5,576
Net Cash Per Share	-5.45	-6.06	-7.22	-6.54	-4.44
Filing Date Shares Outstanding	1,257	1,257	1,257	1,257	1,257
Total Common Shares Outstanding	1,257	1,257	1,257	1,257	1,257
Working Capital	-	694.79	-14.18	1,726	487.47
Book Value Per Share	2.65	3.40	4.19	4.78	4.85
Tangible Book Value	4,097	3,869	4,753	5,375	5,468
Tangible Book Value Per Share	2.46	3.08	3.78	4.28	4.35
Buildings	-	1,145	804.57	591.45	385.23
Machinery	-	10,878	10,822	10,628	9,006
Construction In Progress	-	280.45	477.77	454.62	291.22

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