SHA:601186 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	175,755	191,922	185,703	166,958	158,425	126,821
Short-Term Investments	-	6,970	4,969	6,985	6,102	628.77
Trading Asset Securities	1,316	1,006	1,533	1,630	961.3	460.06
Cash & Short-Term Investments	177,071	199,899	192,205	175,572	165,489	127,910
Cash Growth	1.57%	4.00%	9.47%	6.09%	29.38%	-32.17%
Accounts Receivable	696,092	652,515	544,903	471,354	424,900	371,535
Other Receivables	79,208	8,289	7,104	61,639	68,639	69,794
Receivables	775,300	700,099	589,526	535,993	493,538	443,329
Inventory	265,451	265,927	286,116	307,643	299,819	279,554
Prepaid Expenses	-	24,288	23,261	22,469	22,408	21,558
Other Current Assets	106,572	54,470	52,866	23,075	28,798	36,048
Total Current Assets	1,324,394	1,244,682	1,143,975	1,064,753	1,010,052	908,400
Property, Plant & Equipment	91,957	92,540	87,346	86,221	78,833	76,349
Long-Term Investments	185,089	179,993	179,353	179,347	157,814	122,824
Goodwill	49.76	49.76	49.76	55.62	163.52	359.5
Other Intangible Assets	195,293	170,228	117,002	69,736	62,531	68,261
Long-Term Accounts Receivable	1,229	321,497	266,021	205,308	168,959	72,878
Long-Term Deferred Tax Assets	14,401	13,629	12,153	11,212	9,103	8,075
Long-Term Deferred Charges	53.83	45.9	49.03	868.2	45.76	642.84
Other Long-Term Assets	410,289	61,162	56,895	45,519	36,412	92,200
Total Assets	2,222,756	2,083,825	1,862,843	1,663,020	1,523,914	1,352,970

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	600,512	628,512	554,130	545,028	515,176	452,797
Accrued Expenses	14,986	21,648	20,539	20,923	19,562	18,762
Short-Term Debt	237,094	174,887	152,154	81,840	51,787	53,718
Current Portion of Long-Term Debt	93,067	76,035	65,924	44,379	37,230	33,077
Current Portion of Leases	-	2,417	2,255	2,106	1,695	1,674
Current Income Taxes Payable	6,255	3,670	3,671	4,280	3,320	3,193
Current Unearned Revenue	128,425	121,005	141,649	150,196	164,119	150,667
Other Current Liabilities	180,848	183,192	172,431	149,300	141,748	118,192
Total Current Liabilities	1,261,187	1,211,366	1,112,754	998,052	934,638	832,081
Long-Term Debt	451,999	375,086	267,783	196,653	161,512	144,579
Long-Term Leases	5,920	6,121	4,197	4,080	2,451	2,889
Long-Term Unearned Revenue	1,187	1,209	1,131	1,013	1,056	923.73
Pension & Post-Retirement Benefits	44.56	46.75	53.62	65.38	80.32	-
Long-Term Deferred Tax Liabilities	1,793	1,632	1,979	2,009	1,625	1,508
Other Long-Term Liabilities	55,339	61,409	52,347	44,027	36,631	24,496
Total Liabilities	1,777,469	1,656,870	1,440,246	1,245,900	1,137,994	1,006,477

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	13,580	13,580	13,580	13,580	13,580	13,580
Additional Paid-In Capital	-	46,075	47,980	48,848	48,897	44,887
Retained Earnings	219,686	215,778	203,846	188,615	168,771	148,346
Comprehensive Income & Other	113,962	64,855	62,846	58,795	59,151	61,977
Total Common Equity	347,227	340,286	328,251	309,838	290,398	268,789
Minority Interest	98,060	86,668	94,346	107,282	95,522	77,704
Shareholders' Equity	445,287	426,955	422,597	417,120	385,920	346,493
Total Liabilities & Equity	2,222,756	2,083,825	1,862,843	1,663,020	1,523,914	1,352,970

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	788,080	634,546	492,314	329,059	254,675	235,938
Net Cash (Debt)	-611,009	-434,647	-300,109	-153,486	-89,187	-108,028
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-42.06	-32.01	-22.10	-11.30	-6.57	-7.96
Filing Date Shares Outstanding	13,580	13,580	13,580	13,580	13,580	13,580
Total Common Shares Outstanding	13,580	13,580	13,580	13,580	13,580	13,580
Working Capital	63,207	33,316	31,220	66,700	75,415	76,318
Book Value Per Share	25.57	25.06	24.17	22.82	21.38	19.79
Tangible Book Value	151,884	170,009	211,199	240,045	227,704	200,169
Tangible Book Value Per Share	11.18	12.52	15.55	17.68	16.77	14.74
Buildings	-	37,166	33,847	33,409	28,927	26,689
Machinery	-	155,024	150,714	144,543	137,015	127,218
Construction In Progress	-	9,027	6,813	5,811	7,593	9,274
Order Backlog	-	4,505,966	-	-	-	-