SHA:601086 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	828.94	671.7	799.95	756.94	358.77	387.7
Trading Asset Securities	174.77	206.34	110.38	168	181.42	-
Cash & Short-Term Investments	1,004	878.04	910.33	924.95	540.19	387.7
Cash Growth	11.36%	-3.55%	-1.58%	71.23%	39.33%	-33.79%
Accounts Receivable	6.57	8.57	2.64	4.28	14.32	4.82
Other Receivables	70.28	55.11	49.17	95.19	116.73	113.17
Receivables	76.86	63.67	51.81	99.48	131.05	117.99
Inventory	169.18	156.45	145.71	113.55	130.27	103.95
Prepaid Expenses	-	0.09	-	-	0.89	0.33
Other Current Assets	15.12	11.81	4	14.8	22.15	29.12
Total Current Assets	1,265	1,110	1,112	1,153	824.55	639.09
Property, Plant & Equipment	749.77	753.72	809.66	795.05	845.36	926.26
Long-Term Investments	363.74	382.48	337.2	287.69	273.66	380.59
Other Intangible Assets	3.28	3.45	4.51	5.69	6.84	7.06
Long-Term Deferred Tax Assets	73.97	76.81	78.22	68.57	82.14	0.98
Long-Term Deferred Charges	199.43	207.66	170.16	147.5	178.77	194.47
Other Long-Term Assets	262.11	265.12	268.24	287.3	311.27	335.89
Total Assets	2,917	2,799	2,780	2,745	2,523	2,484
Accounts Payable	210.91	207.76	249.91	264.64	168.95	260.67
Accrued Expenses	4.65	14.43	18.07	16.22	12.76	13.15
Current Portion of Leases	-	36.15	32.98	33.91	37.84	39.29
Current Income Taxes Payable	29.4	10.2	12.78	29.16	6.64	10.76
Current Unearned Revenue	495.5	421.63	367.55	286.47	237.43	159.59
Other Current Liabilities	171.61	142.97	134.73	108.15	107.22	94.32
Total Current Liabilities	949.54	833.14	816.02	738.55	570.84	577.76
Long-Term Leases	192.27	198.36	225.65	204.16	228.93	266.36
Long-Term Unearned Revenue	2.61	2.9	-	0.03	0.11	-
Long-Term Deferred Tax Liabilities	143.06	157.06	157.27	157.37	175.81	97.78
Total Liabilities	1,287	1,191	1,199	1,100	975.69	941.9
Common Stock	666	666	666	666	666	666
Additional Paid-In Capital	326.09	326.09	326.09	326.09	326.09	354.82
Retained Earnings	581.87	540.29	522.82	583.97	492.81	438.24
Treasury Stock	-21.21	-21.21	-21.21	-	-	-
Comprehensive Income & Other	76.94	96.66	87.19	68.42	62	83.38
Shareholders' Equity	1,630	1,608	1,581	1,644	1,547	1,542
Total Liabilities & Equity	2,917	2,799	2,780	2,745	2,523	2,484
Total Debt	229.75	234.52	258.63	238.07	266.77	305.65
Net Cash (Debt)	773.95	643.52	651.7	686.88	273.42	82.05
Net Cash Growth	20.78%	-1.26%	-5.12%	151.22%	233.23%	-84.68%
Net Cash Per Share	1.24	1.01	1.01	1.04	0.41	0.12
Filing Date Shares Outstanding	693.04	660.29	660.29	666	666	666
Total Common Shares Outstanding	693.04	660.29	660.29	666	666	666
Working Capital	315.31	276.91	295.83	414.22	253.71	61.32
Book Value Per Share	2.35	2.44	2.39	2.47	2.32	2.32
Tangible Book Value	1,626	1,604	1,576	1,639	1,540	1,535
Tangible Book Value Per Share	2.35	2.43	2.39	2.46	2.31	2.31
Buildings	-	987.76	983.67	967.8	966.79	970.52
Machinery	-	113.66	114.3	114.35	117.58	129.52
Construction In Progress	-	30.4	27.46	16.85	2.04	8.2

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