SHA:601279 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	1,478	1,484	1,684	1,143	1,038
Trading Asset Securities	-	-	-	0.44	1.74
Cash & Short-Term Investments	1,478	1,484	1,684	1,144	1,039
Cash Growth	-0.43%	-11.86%	47.20%	10.06%	-9.68%
Accounts Receivable	1,065	1,141	1,410	1,371	1,203
Other Receivables	8.18	23.48	29.09	31.47	13.83
Receivables	1,073	1,164	1,440	1,403	1,217
Inventory	991.7	1,049	1,299	1,426	1,209
Other Current Assets	335.76	357.88	262.89	278	267.08
Total Current Assets	3,879	4,055	4,685	4,251	3,733
Property, Plant & Equipment	2,893	2,941	2,884	2,812	2,467
Long-Term Investments	144.64	190.32	191.42	201.93	322.77
Goodwill	38.32	53.41	54.51	54.51	33.14
Other Intangible Assets	291.26	310.6	330.69	324.57	305.51
Long-Term Deferred Tax Assets	127.42	102.72	93.89	95.24	51.32
Long-Term Deferred Charges	10.66	13.22	13.17	-	-
Other Long-Term Assets	164.57	176.59	175.29	191.29	222.09
Total Assets	7,549	7,843	8,428	7,930	7,135
Accounts Payable	1,587	1,621	1,958	2,152	1,830
Accrued Expenses	179.62	160.31	130.53	164.54	156.83
Short-Term Debt	162.61	83.06	417.71	259.5	258.3
Current Portion of Long-Term Debt	120.53	749.5	35.7	186.29	93.27
Current Portion of Leases	16.41	17.35	15.27	24.29	61.49
Current Income Taxes Payable	6.45	3.37	2.84	17.16	9.19
Current Unearned Revenue	18.01	27.08	40.27	31.97	15.7
Other Current Liabilities	8.41	9.61	99.8	131.48	66.84
Total Current Liabilities	2,099	2,671	2,700	2,967	2,492
Long-Term Debt	676.84	283.82	847.31	646.5	402.96
Long-Term Leases	56.88	69.18	63.52	79.98	53.86
Long-Term Unearned Revenue	87.7	52.14	49.78	44.19	45.27
Long-Term Deferred Tax Liabilities	13.57	17.38	29.89	32.26	26.68
Other Long-Term Liabilities	-	-	0.23	0.41	0.28
Total Liabilities	2,934	3,094	3,691	3,770	3,021
Common Stock	1,586	1,586	1,586	1,494	1,494
Additional Paid-In Capital	1,145	1,145	1,145	758.34	762.76
Retained Earnings	1,452	1,552	1,535	1,435	1,391
Comprehensive Income & Other	-7.83	-7.16	-7.01	-6.67	-4.88
Total Common Equity	4,175	4,276	4,259	3,680	3,643
Minority Interest	440.07	473.83	478.03	479.16	470.66
Shareholders' Equity	4,615	4,750	4,737	4,160	4,114
Total Liabilities & Equity	7,549	7,843	8,428	7,930	7,135
Total Debt	1,033	1,203	1,380	1,197	869.87
Net Cash (Debt)	444.42	281.16	304.29	-52.69	169.47
Net Cash Growth	58.07%	-7.60%	-	-	-21.71%
Net Cash Per Share	0.28	0.18	0.21	-0.04	0.12
Filing Date Shares Outstanding	1,586	1,586	1,586	1,494	1,494
Total Common Shares Outstanding	1,586	1,586	1,586	1,494	1,494
Working Capital	1,780	1,384	1,984	1,284	1,241
Book Value Per Share	2.63	2.70	2.69	2.46	2.44
Tangible Book Value	3,845	3,912	3,874	3,301	3,305
Tangible Book Value Per Share	2.42	2.47	2.44	2.21	2.21
Buildings	1,288	1,274	1,051	1,029	970.28
Machinery	4,371	4,027	3,670	3,240	2,698
Construction In Progress	100.63	146.66	299.89	272.53	318.74

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