SHA:601599 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	1,036	1,199	1,226	1,143	1,181	762.76
Short-Term Investments	-	56.72	107.1	20.87	25.86	38.62
Trading Asset Securities	30	40	-	-	18	82
Cash & Short-Term Investments	1,066	1,296	1,333	1,164	1,225	883.38
Cash Growth	1.76%	-2.77%	14.48%	-4.97%	38.68%	27.62%
Accounts Receivable	808.38	493.41	486.34	535.76	412.58	446.85
Other Receivables	18.35	19.16	21.48	21.87	48.26	50.94
Receivables	826.72	512.57	507.82	557.63	460.83	497.79
Inventory	833.06	773.74	869.24	785.33	785.18	1,037
Prepaid Expenses	-	0.02	0	0.07	0.01	0.12
Other Current Assets	142.06	93.98	102.59	90.23	75.39	158.2
Total Current Assets	2,867	2,676	2,812	2,597	2,546	2,576
Property, Plant & Equipment	467.45	475.15	500.21	341.79	344.38	470.06
Long-Term Investments	19.34	19.34	152.31	153.2	170.32	174.09
Goodwill	-	-	-	-	-	89.06
Other Intangible Assets	16.67	16.88	17.85	17.55	11.43	27.85
Long-Term Deferred Tax Assets	47.75	48.24	58.95	14.42	22.21	5.18
Long-Term Deferred Charges	7.27	7.62	10.79	10.72	15.67	24.17
Other Long-Term Assets	35.6	36.5	40.11	-	3.13	3.27
Total Assets	3,461	3,280	3,593	3,135	3,114	3,370
Accounts Payable	1,129	937.46	1,078	844.25	754.41	894.5
Accrued Expenses	94.04	174.44	115.67	90.57	99.41	88.49
Short-Term Debt	381.3	263.58	346.49	327.2	486.25	498.21
Current Portion of Long-Term Debt	24.7	-	-	-	-	3.3
Current Portion of Leases	-	19.25	25.7	5.51	29.62	27.55
Current Income Taxes Payable	22.57	13.98	13.58	17.47	28.2	31.76
Current Unearned Revenue	62.53	63.02	83.48	110.82	71.36	83.93
Other Current Liabilities	129.6	203.35	179.57	158.06	97.98	161.06
Total Current Liabilities	1,844	1,675	1,843	1,554	1,567	1,789
Long-Term Debt	-	-	-	-	-	35.2
Long-Term Leases	45.1	50.63	79.69	10.32	33.88	54.71
Long-Term Unearned Revenue	6.97	7.24	132.43	153.97	187.16	221.7
Long-Term Deferred Tax Liabilities	0.38	0.98	0.18	-	1.53	45.65
Other Long-Term Liabilities	2.82	2.82	-	-	-	6.47
Total Liabilities	1,899	1,737	2,055	1,718	1,790	2,153
Common Stock	1,161	1,161	1,161	1,161	1,161	1,161
Additional Paid-In Capital	1,291	1,291	1,291	1,291	1,291	1,291
Retained Earnings	-772.8	-790.68	-923.4	-1,044	-1,144	-1,226
Comprehensive Income & Other	-147.16	-146.69	-13.41	-13.04	-13.12	-14.32
Total Common Equity	1,531	1,514	1,514	1,395	1,294	1,211
Minority Interest	30.8	29.26	23.01	22.25	29.74	6.26
Shareholders' Equity	1,562	1,543	1,537	1,417	1,324	1,217
Total Liabilities & Equity	3,461	3,280	3,593	3,135	3,114	3,370
Total Debt	451.1	333.47	451.88	343.03	549.75	618.98
Net Cash (Debt)	614.44	962.42	880.91	821.17	675.29	264.4
Net Cash Growth	20.32%	9.25%	7.28%	21.60%	155.41%	-
Net Cash Per Share	0.56	0.80	0.73	0.73	0.58	0.25
Filing Date Shares Outstanding	894.38	1,161	1,161	1,161	1,161	1,161
Total Common Shares Outstanding	894.38	1,161	1,161	1,161	1,161	1,161
Working Capital	1,023	1,001	969.57	1,044	979.23	787.39
Book Value Per Share	1.71	1.30	1.30	1.20	1.12	1.04
Tangible Book Value	1,515	1,497	1,497	1,377	1,283	1,094
Tangible Book Value Per Share	1.69	1.29	1.29	1.19	1.11	0.94
Buildings	-	244.98	247.04	238.18	264.2	338.18
Machinery	-	896.15	865.14	789.67	795.75	858.15
Construction In Progress	-	9.6	10.6	45.37	2.17	0.1

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