SHA:601700 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	1,339	1,917	1,222	805.77	794.99
Trading Asset Securities	-	332.65	-	0	36.01
Cash & Short-Term Investments	1,339	2,250	1,222	805.77	831
Cash Growth	-40.48%	84.15%	51.61%	-3.04%	-16.67%
Accounts Receivable	1,900	1,973	2,396	1,878	2,134
Other Receivables	73.95	71.26	115.3	82.33	82.84
Receivables	1,973	2,044	2,512	1,960	2,217
Inventory	933.04	920.52	1,100	701.81	907.4
Prepaid Expenses	-	17.44	7.01	-	0.23
Other Current Assets	347.68	134.51	294.28	104.93	182.69
Total Current Assets	4,593	5,366	5,135	3,572	4,138
Property, Plant & Equipment	1,557	1,500	1,457	759.88	662.44
Long-Term Investments	141.16	108.52	137.79	171.87	183.63
Goodwill	-	338.98	370.48	-	-
Other Intangible Assets	464.35	443.28	465.78	135.09	138.88
Long-Term Deferred Tax Assets	119.27	95.78	91.79	54.74	56.63
Long-Term Deferred Charges	4.16	3.84	2.65	2.14	2.61
Other Long-Term Assets	150.04	138.86	124.73	90.49	52.69
Total Assets	7,029	7,995	7,785	4,787	5,235
Accounts Payable	875.5	1,318	1,231	461.27	750.34
Accrued Expenses	22.24	61.18	40.46	23.46	32.3
Short-Term Debt	2,548	2,394	1,875	1,575	1,525
Current Portion of Long-Term Debt	158.49	56.17	13.36	-	6.08
Current Portion of Leases	-	56.56	144.15	0.17	0.16
Current Income Taxes Payable	25.23	26.62	6.51	0.49	7.25
Current Unearned Revenue	407.33	345.32	243.52	48.46	165.21
Other Current Liabilities	162.81	133.27	718.88	38.45	61.64
Total Current Liabilities	4,199	4,391	4,273	2,147	2,548
Long-Term Debt	352.8	506.56	280.65	-	44
Long-Term Leases	58.65	76.85	45.75	0.76	0.93
Long-Term Unearned Revenue	20.87	15.3	5.35	5.43	5
Long-Term Deferred Tax Liabilities	89.42	101.73	108.77	0.5	0.58
Other Long-Term Liabilities	61.2	-	-	-	-
Total Liabilities	4,782	5,092	4,714	2,154	2,599
Common Stock	1,142	1,142	1,142	1,142	1,141
Additional Paid-In Capital	1,270	1,270	1,268	1,268	1,262
Retained Earnings	-62.37	346.92	312.74	255.43	280.23
Treasury Stock	-153	-	-	-	-
Comprehensive Income & Other	-57.69	-80.61	-67.15	-54.9	-66.9
Total Common Equity	2,139	2,679	2,656	2,611	2,616
Minority Interest	107.03	224.75	414.55	21.87	20.09
Shareholders' Equity	2,246	2,903	3,071	2,633	2,636
Total Liabilities & Equity	7,029	7,995	7,785	4,787	5,235
Total Debt	3,118	3,090	2,359	1,576	1,577
Net Cash (Debt)	-1,779	-840.5	-1,137	-770.09	-745.57
Net Cash Per Share	-1.56	-0.74	-0.99	-0.67	-0.65
Filing Date Shares Outstanding	1,187	1,142	1,142	1,142	1,141
Total Common Shares Outstanding	1,187	1,142	1,142	1,142	1,141
Working Capital	393.76	974.62	861.2	1,425	1,590
Book Value Per Share	1.80	2.35	2.33	2.29	2.29
Tangible Book Value	1,675	1,896	1,820	2,476	2,477
Tangible Book Value Per Share	1.41	1.66	1.59	2.17	2.17
Buildings	-	912.12	878.6	525.1	443.61
Machinery	-	1,358	1,323	689.27	623.93
Construction In Progress	-	62.11	7.53	5.55	7.44

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