SHA:601188 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	545.82	1,257	644.05	778.5	1,005
Short-Term Investments	-	750	800	1,001	635.62
Trading Asset Securities	10.23	15.97	23.01	40.05	43.48
Cash & Short-Term Investments	556.05	2,023	1,467	1,819	1,684
Cash Growth	-72.51%	37.89%	-19.36%	8.00%	-0.39%
Accounts Receivable	40.59	16.16	26.02	10.74	9.84
Other Receivables	34.24	32.31	49.14	34.4	33.71
Receivables	74.83	48.47	75.16	45.14	43.55
Inventory	212.17	309.04	614.39	397.34	469.07
Prepaid Expenses	-	14.86	4.16	6.63	10.13
Other Current Assets	1,410	20.79	70.9	227.77	5.18
Total Current Assets	2,253	2,416	2,232	2,496	2,212
Property, Plant & Equipment	1,594	977.17	1,075	1,071	1,147
Long-Term Investments	1,674	1,662	1,600	1,546	1,609
Goodwill	13.59	13.59	13.59	13.59	-
Other Intangible Assets	400.13	392.89	389.74	388.79	1.91
Long-Term Deferred Tax Assets	25.66	15.19	18.68	6.83	6.7
Long-Term Deferred Charges	23.19	30.77	41.19	33.56	5.55
Other Long-Term Assets	164.99	68.15	62.78	82.85	65.32
Total Assets	6,149	5,575	5,433	5,639	5,047
Accounts Payable	49.47	214.25	60.39	227.48	1.33
Accrued Expenses	13.2	20.28	14.35	18.44	3.19
Short-Term Debt	-	157.24	186.6	349.87	192.46
Current Portion of Long-Term Debt	30.71	-	-	-	-
Current Portion of Leases	-	2.27	1.33	1.1	0.89
Current Income Taxes Payable	21.28	2.31	1.53	8.03	3.5
Current Unearned Revenue	0.02	33.28	34.96	47.18	50.17
Other Current Liabilities	256.7	42.65	42.02	39.2	86.27
Total Current Liabilities	371.38	472.29	341.18	691.31	337.81
Long-Term Debt	776	-	-	-	-
Long-Term Leases	7.7	5.14	5.43	3.36	4.3
Long-Term Unearned Revenue	5.27	1.64	1.69	1.74	1.8
Long-Term Deferred Tax Liabilities	28.42	26.89	30.43	26.65	6.22
Other Long-Term Liabilities	197.47	190.89	198.88	206.81	-
Total Liabilities	1,386	696.84	577.6	929.87	350.13
Common Stock	1,305	1,316	1,316	1,316	1,316
Additional Paid-In Capital	1,586	1,153	1,223	1,152	1,222
Retained Earnings	1,559	2,108	2,039	1,985	1,963
Treasury Stock	-	-34.12	-34.12	-34.12	-21.65
Comprehensive Income & Other	23.42	48.77	31.28	18.27	23.71
Total Common Equity	4,474	4,591	4,575	4,437	4,502
Minority Interest	288.17	287.1	280.4	272.02	194.83
Shareholders' Equity	4,762	4,878	4,855	4,709	4,697
Total Liabilities & Equity	6,149	5,575	5,433	5,639	5,047
Total Debt	814.41	164.65	193.36	354.33	197.64
Net Cash (Debt)	-258.36	1,858	1,274	1,465	1,487
Net Cash Growth	-	45.90%	-13.05%	-1.47%	2.33%
Net Cash Per Share	-0.20	1.42	0.98	1.12	1.13
Filing Date Shares Outstanding	1,276	1,305	1,305	1,305	1,309
Total Common Shares Outstanding	1,276	1,305	1,305	1,305	1,309
Working Capital	1,882	1,944	1,890	1,805	1,874
Book Value Per Share	3.51	3.52	3.50	3.40	3.44
Tangible Book Value	4,060	4,185	4,171	4,035	4,500
Tangible Book Value Per Share	3.18	3.21	3.20	3.09	3.44
Buildings	-	184.08	196.62	196.62	195.9
Machinery	-	195.29	213.05	172.34	168.12
Construction In Progress	-	128.75	100.98	32.9	18.19

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