SHA:601599 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	1,199	1,226	1,143	1,181	762.76
Short-Term Investments	-	107.1	20.87	25.86	38.62
Trading Asset Securities	40	-	-	18	82
Cash & Short-Term Investments	1,239	1,333	1,164	1,225	883.38
Cash Growth	-7.03%	14.48%	-4.97%	38.68%	27.62%
Accounts Receivable	493.41	486.34	535.76	412.58	446.85
Other Receivables	19.16	21.48	21.87	48.26	50.94
Receivables	512.57	507.82	557.63	460.83	497.79
Inventory	773.74	869.24	785.33	785.18	1,037
Prepaid Expenses	-	0	0.07	0.01	0.12
Other Current Assets	150.72	102.59	90.23	75.39	158.2
Total Current Assets	2,676	2,812	2,597	2,546	2,576
Property, Plant & Equipment	475.15	500.21	341.79	344.38	470.06
Long-Term Investments	19.34	152.31	153.2	170.32	174.09
Goodwill	-	-	-	-	89.06
Other Intangible Assets	16.88	17.85	17.55	11.43	27.85
Long-Term Deferred Tax Assets	48.24	58.95	14.42	22.21	5.18
Long-Term Deferred Charges	7.62	10.79	10.72	15.67	24.17
Other Long-Term Assets	36.5	40.11	-	3.13	3.27
Total Assets	3,280	3,593	3,135	3,114	3,370
Accounts Payable	962.36	1,103	844.25	754.41	894.5
Accrued Expenses	147.45	115.67	90.57	99.41	88.49
Short-Term Debt	260.49	340.16	327.2	486.25	498.21
Current Portion of Long-Term Debt	19.25	-	-	-	3.3
Current Portion of Leases	-	25.7	5.51	29.62	27.55
Current Income Taxes Payable	41.53	13.58	17.47	28.2	31.76
Current Unearned Revenue	63.02	83.48	110.82	71.36	83.93
Other Current Liabilities	180.99	160.94	158.06	97.98	161.06
Total Current Liabilities	1,675	1,843	1,554	1,567	1,789
Long-Term Debt	-	-	-	-	35.2
Long-Term Leases	50.63	79.69	10.32	33.88	54.71
Long-Term Unearned Revenue	7.24	132.43	153.97	187.16	221.7
Long-Term Deferred Tax Liabilities	0.98	0.18	-	1.53	45.65
Other Long-Term Liabilities	2.82	-	-	-	6.47
Total Liabilities	1,737	2,055	1,718	1,790	2,153
Common Stock	1,161	1,161	1,161	1,161	1,161
Additional Paid-In Capital	1,291	1,291	1,291	1,291	1,291
Retained Earnings	-790.68	-923.4	-1,044	-1,144	-1,226
Comprehensive Income & Other	-146.69	-13.41	-13.04	-13.12	-14.32
Total Common Equity	1,514	1,514	1,395	1,294	1,211
Minority Interest	29.26	23.01	22.25	29.74	6.26
Shareholders' Equity	1,543	1,537	1,417	1,324	1,217
Total Liabilities & Equity	3,280	3,593	3,135	3,114	3,370
Total Debt	330.37	445.55	343.03	549.75	618.98
Net Cash (Debt)	908.79	887.24	821.17	675.29	264.4
Net Cash Growth	2.43%	8.05%	21.60%	155.41%	-
Net Cash Per Share	0.75	0.74	0.73	0.58	0.25
Filing Date Shares Outstanding	1,405	1,161	1,161	1,161	1,161
Total Common Shares Outstanding	1,405	1,161	1,161	1,161	1,161
Working Capital	1,001	969.57	1,044	979.23	787.39
Book Value Per Share	1.08	1.30	1.20	1.12	1.04
Tangible Book Value	1,497	1,497	1,377	1,283	1,094
Tangible Book Value Per Share	1.07	1.29	1.19	1.11	0.94
Buildings	-	247.04	238.18	264.2	338.18
Machinery	-	865.14	789.67	795.75	858.15
Construction In Progress	-	10.6	45.37	2.17	0.1

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.