SHA:601882 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	718.3	769.86	473.33	519.63	1,004
Short-Term Investments	25.21	10.57	300	100	50
Trading Asset Securities	537.53	231.23	445.31	460.06	180
Cash & Short-Term Investments	1,281	1,012	1,219	1,080	1,234
Cash Growth	26.63%	-16.98%	12.87%	-12.47%	28.98%
Accounts Receivable	1,180	1,069	893.23	917.29	778.18
Other Receivables	54.18	17.33	38.7	59.2	46.76
Receivables	1,234	1,087	931.93	976.5	824.93
Inventory	1,511	1,461	1,570	1,575	1,278
Prepaid Expenses	6.02	2.49	0.99	1.33	2.61
Other Current Assets	25.07	49.26	6.27	4.49	5.85
Total Current Assets	4,057	3,611	3,728	3,637	3,345
Property, Plant & Equipment	945.8	769.12	595.45	599.53	508.12
Long-Term Investments	40.9	50.68	0.24	-	100
Other Intangible Assets	229.06	233.78	230.77	235.81	70.23
Long-Term Deferred Tax Assets	79.31	64.74	54.19	49.89	44.71
Long-Term Deferred Charges	0.19	0.57	0.1	0.39	0.23
Other Long-Term Assets	4.76	6.33	7.65	0.48	16.24
Total Assets	5,358	4,736	4,617	4,523	4,084
Accounts Payable	1,022	782.01	869.33	935.53	1,134
Accrued Expenses	262.93	249.19	232.12	200.49	180.15
Short-Term Debt	54.42	-	-	-	-
Current Portion of Leases	1.28	0.69	6.45	6.17	2.82
Current Income Taxes Payable	25.2	26.78	24.38	5.21	21.87
Current Unearned Revenue	818.7	754.08	887.11	1,054	856.38
Other Current Liabilities	127.53	110.49	134.54	176.62	124.85
Total Current Liabilities	2,312	1,923	2,154	2,378	2,320
Long-Term Leases	2.71	-	2.63	9.08	6.03
Long-Term Unearned Revenue	46.89	61.27	100.3	102.98	72.11
Other Long-Term Liabilities	44.46	47.16	47.42	47.04	40.59
Total Liabilities	2,406	2,032	2,304	2,537	2,439
Common Stock	522	522	522	522	522
Additional Paid-In Capital	290.41	290.41	290.41	290.41	290.41
Retained Earnings	2,116	1,875	1,492	1,165	830.06
Comprehensive Income & Other	19.88	15.66	7.44	8.15	3.05
Total Common Equity	2,948	2,703	2,312	1,985	1,646
Minority Interest	3.68	2.1	-	-	-
Shareholders' Equity	2,952	2,705	2,312	1,985	1,646
Total Liabilities & Equity	5,358	4,736	4,617	4,523	4,084
Total Debt	58.41	0.69	9.08	15.25	8.85
Net Cash (Debt)	1,223	1,011	1,210	1,064	1,225
Net Cash Growth	20.94%	-16.42%	13.63%	-13.09%	28.05%
Net Cash Per Share	2.34	1.93	2.32	2.04	2.34
Filing Date Shares Outstanding	522	522	522	522	522
Total Common Shares Outstanding	522	522	522	522	522
Working Capital	1,746	1,688	1,574	1,258	1,025
Book Value Per Share	5.65	5.18	4.43	3.80	3.15
Tangible Book Value	2,719	2,469	2,082	1,750	1,575
Tangible Book Value Per Share	5.21	4.73	3.99	3.35	3.02
Buildings	960.75	750.25	554.66	554.66	554.66
Machinery	938.43	917.88	908.4	876.81	801.77
Construction In Progress	141.61	147.18	111.63	75.12	1.6

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