SHA:601026 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	952.82	855.91	429.07	621.46	506.23
Trading Asset Securities	400	-	-	200	-
Cash & Short-Term Investments	1,353	855.91	429.07	821.46	506.23
Cash Growth	58.06%	99.48%	-47.77%	62.27%	-26.43%
Accounts Receivable	1,378	1,506	1,110	1,506	1,200
Other Receivables	3.85	3.21	644.85	361.8	152.07
Receivables	1,382	1,509	1,755	1,867	1,353
Inventory	243.8	266.92	216.15	226.55	282.18
Other Current Assets	51.74	89.01	87.28	52.2	49.29
Total Current Assets	3,030	2,721	2,488	2,968	2,190
Property, Plant & Equipment	907.92	942.97	821.27	595.83	263.84
Long-Term Investments	52.32	49.25	41.9	35.15	22.64
Other Intangible Assets	29.02	30.35	26.71	14.41	0.14
Long-Term Deferred Tax Assets	35.27	37.23	32.92	35.93	32.78
Long-Term Deferred Charges	80.58	87.78	81.9	69.41	30.03
Other Long-Term Assets	12.34	10.51	23.93	40.03	10.46
Total Assets	4,148	3,879	3,516	3,758	2,550
Accounts Payable	828.9	1,323	1,257	1,603	1,093
Accrued Expenses	37.89	20.13	30.26	21.3	13.14
Short-Term Debt	203.02	196.46	95.09	196.21	237.45
Current Portion of Long-Term Debt	23.29	20.3	-	-	-
Current Portion of Leases	11.15	12.71	-	-	-
Current Income Taxes Payable	5.95	13.16	-	12.9	1.49
Current Unearned Revenue	6.9	15.61	0.18	0.04	2.56
Other Current Liabilities	4.48	3.87	31.06	16.77	245.65
Total Current Liabilities	1,122	1,605	1,413	1,850	1,593
Long-Term Debt	278.3	254.49	271.31	182.53	-
Long-Term Leases	51.46	143.02	146.63	141.12	133.83
Long-Term Unearned Revenue	68.51	47.09	13.43	8.88	9.95
Long-Term Deferred Tax Liabilities	1.74	1.82	1.99	2	-
Total Liabilities	1,522	2,052	1,847	2,185	1,737
Common Stock	659.4	527.52	527.52	527.52	432
Additional Paid-In Capital	1,392	826.52	819.63	807.91	278.15
Retained Earnings	527.7	423.96	269.13	174.32	94.39
Treasury Stock	-	-	-	-	-10.5
Comprehensive Income & Other	24.69	23.36	23.19	23.19	14.91
Total Common Equity	2,604	1,801	1,639	1,533	808.95
Minority Interest	22.43	25.92	30.06	40.84	4.36
Shareholders' Equity	2,626	1,827	1,670	1,574	813.31
Total Liabilities & Equity	4,148	3,879	3,516	3,758	2,550
Total Debt	567.22	626.98	513.04	519.87	371.28
Net Cash (Debt)	785.6	228.93	-83.97	301.6	134.95
Net Cash Growth	243.16%	-	-	123.49%	-68.97%
Net Cash Per Share	1.43	0.43	-0.16	0.71	0.32
Filing Date Shares Outstanding	659.4	527.52	527.52	527.52	427.44
Total Common Shares Outstanding	659.4	527.52	527.52	527.52	427.44
Working Capital	1,909	1,116	1,074	1,118	597.19
Book Value Per Share	3.95	3.41	3.11	2.91	1.89
Tangible Book Value	2,575	1,771	1,613	1,519	808.82
Tangible Book Value Per Share	3.90	3.36	3.06	2.88	1.89
Buildings	419.26	340.37	255.19	103.95	-
Machinery	587.62	460.76	185.77	125.91	98.51
Construction In Progress	26.12	116.4	301.83	265.76	48.55