SHA:601026 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	426.34	855.91	429.07	621.46	506.23	688.08
Trading Asset Securities	-	-	-	200	-	-
Cash & Short-Term Investments	426.34	855.91	429.07	821.46	506.23	688.08
Cash Growth	-0.64%	99.48%	-47.77%	62.27%	-26.43%	-
Accounts Receivable	1,583	1,211	1,110	1,506	1,200	1,461
Other Receivables	312.09	297.92	644.85	361.8	152.07	153.85
Receivables	1,895	1,509	1,755	1,867	1,353	1,615
Inventory	271.64	266.92	216.15	226.55	282.18	178.49
Other Current Assets	86.14	89.01	87.28	52.2	49.29	34.31
Total Current Assets	2,679	2,721	2,488	2,968	2,190	2,516
Property, Plant & Equipment	893.04	942.97	821.27	595.83	263.84	59.23
Long-Term Investments	50.63	49.25	41.9	35.15	22.64	0.3
Other Intangible Assets	29.39	30.35	26.71	14.41	0.14	0.24
Long-Term Deferred Tax Assets	37.17	37.23	32.92	35.93	32.78	37.19
Long-Term Deferred Charges	83.48	87.78	81.9	69.41	30.03	3.32
Other Long-Term Assets	38.07	10.51	23.93	40.03	10.46	18.79
Total Assets	3,811	3,879	3,516	3,758	2,550	2,635
Accounts Payable	960.34	1,323	1,257	1,603	1,093	947.8
Accrued Expenses	19.7	20.71	30.26	21.3	13.14	27.13
Short-Term Debt	263.39	196.46	95.09	196.21	237.45	253.23
Current Income Taxes Payable	11.92	13.16	-	12.9	1.49	19.07
Current Unearned Revenue	16.53	15.61	0.18	0.04	2.56	0.84
Other Current Liabilities	139.12	36.3	31.06	16.77	245.65	519.6
Total Current Liabilities	1,411	1,605	1,413	1,850	1,593	1,768
Long-Term Debt	234.49	254.49	271.31	182.53	-	-
Long-Term Leases	115.95	143.02	146.63	141.12	133.83	-
Long-Term Unearned Revenue	61.86	47.09	13.43	8.88	9.95	-
Long-Term Deferred Tax Liabilities	1.57	1.82	1.99	2	-	-
Total Liabilities	1,825	2,052	1,847	2,185	1,737	1,768
Common Stock	527.52	527.52	527.52	527.52	432	432
Additional Paid-In Capital	833.97	826.52	819.63	807.91	278.15	272.43
Retained Earnings	577.46	423.96	269.13	174.32	94.39	168.9
Treasury Stock	-	-	-	-	-10.5	-10.5
Comprehensive Income & Other	23.41	23.36	23.19	23.19	14.91	-
Total Common Equity	1,962	1,801	1,639	1,533	808.95	862.83
Minority Interest	23.92	25.92	30.06	40.84	4.36	4.77
Shareholders' Equity	1,986	1,827	1,670	1,574	813.31	867.6
Total Liabilities & Equity	3,811	3,879	3,516	3,758	2,550	2,635
Total Debt	613.83	593.97	513.04	519.87	371.28	253.23
Net Cash (Debt)	-187.49	261.94	-83.97	301.6	134.95	434.85
Net Cash Growth	-	-	-	123.49%	-68.97%	-
Net Cash Per Share	-0.34	0.49	-0.16	0.71	0.32	1.04
Filing Date Shares Outstanding	527.52	527.52	527.52	527.52	427.44	416.7
Total Common Shares Outstanding	527.52	527.52	527.52	527.52	427.44	416.7
Working Capital	1,268	1,116	1,074	1,118	597.19	748.53
Book Value Per Share	3.72	3.41	3.11	2.91	1.89	2.07
Tangible Book Value	1,933	1,771	1,613	1,519	808.82	862.59
Tangible Book Value Per Share	3.66	3.36	3.06	2.88	1.89	2.07
Buildings	-	340.37	255.19	103.95	-	-
Machinery	-	460.76	185.77	125.91	98.51	54.01
Construction In Progress	-	116.4	301.83	265.76	48.55	24.33

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