SHA:601177 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	475.13	399.25	353.02	426.61	508.87
Trading Asset Securities	8.3	16.52	102.07	33.2	47.2
Cash & Short-Term Investments	483.43	415.77	455.09	459.81	556.07
Cash Growth	16.27%	-8.64%	-1.03%	-17.31%	33.56%
Accounts Receivable	802.32	738.04	545.48	508.61	566.82
Other Receivables	8.25	7.56	7.46	5.98	19.88
Receivables	810.57	745.6	552.94	514.59	586.7
Inventory	752.14	594.32	875.91	768.24	921.73
Other Current Assets	29.96	35.62	29.46	25.26	38.02
Total Current Assets	2,076	1,791	1,913	1,768	2,103
Property, Plant & Equipment	1,060	1,097	1,082	1,056	1,009
Long-Term Investments	1,874	1,783	1,517	1,352	1,256
Other Intangible Assets	142.86	144.6	149.76	155.39	161.21
Long-Term Accounts Receivable	-	107.06	84.93	76.65	59.42
Long-Term Deferred Tax Assets	35.59	25.48	19.82	17.01	14.09
Long-Term Deferred Charges	11.89	5.47	0.04	0.1	0.2
Other Long-Term Assets	146.82	18.64	16.97	16.39	23.27
Total Assets	5,348	4,972	4,783	4,442	4,626
Accounts Payable	1,069	713.47	870.3	755.51	934.82
Accrued Expenses	71.04	79.72	70.52	80.04	68.06
Short-Term Debt	403.77	319.76	430.33	257.26	496.53
Current Portion of Long-Term Debt	32.05	267.4	85.67	278.5	115.78
Current Portion of Leases	-	8.71	6.81	6.48	9.75
Current Income Taxes Payable	34.67	1.27	0.84	2.39	1.26
Current Unearned Revenue	69.01	85.13	89.15	98.04	313.83
Other Current Liabilities	60.65	81.82	52.59	43.78	44.53
Total Current Liabilities	1,740	1,557	1,606	1,522	1,985
Long-Term Debt	473.58	461.48	550.52	520.51	407.94
Long-Term Leases	16.42	25.28	18.6	1.03	8.74
Long-Term Unearned Revenue	45.05	32.45	38.03	37	42.43
Long-Term Deferred Tax Liabilities	10.61	12.11	11.06	8.18	7.56
Other Long-Term Liabilities	124.02	133.4	131.19	133.01	116.16
Total Liabilities	2,409	2,222	2,356	2,222	2,567
Common Stock	407.98	407.98	400.06	400.06	400.06
Additional Paid-In Capital	906.63	891.5	860.84	860.72	860.72
Retained Earnings	1,490	1,261	1,041	857.46	656.87
Treasury Stock	-32.39	-32.85	-	-	-
Comprehensive Income & Other	63.87	129.63	38.53	16.22	51.3
Total Common Equity	2,836	2,658	2,340	2,134	1,969
Minority Interest	101.92	92.88	87.55	85.37	90.01
Shareholders' Equity	2,938	2,750	2,428	2,220	2,059
Total Liabilities & Equity	5,348	4,972	4,783	4,442	4,626
Total Debt	925.82	1,083	1,092	1,064	1,039
Net Cash (Debt)	-442.39	-666.87	-636.84	-603.97	-482.67
Net Cash Per Share	-1.09	-1.66	-1.59	-1.51	-1.21
Filing Date Shares Outstanding	400.42	407.98	400.06	400.06	400.06
Total Common Shares Outstanding	400.42	407.98	400.06	400.06	400.06
Working Capital	336.4	234.03	307.21	245.91	117.95
Book Value Per Share	7.08	6.51	5.85	5.34	4.92
Tangible Book Value	2,694	2,513	2,190	1,979	1,808
Tangible Book Value Per Share	6.73	6.16	5.47	4.95	4.52
Buildings	-	824.93	823.42	823.88	820.41
Machinery	-	1,635	1,652	1,611	1,553
Construction In Progress	-	144.77	107.34	78.56	27.49

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