SHA:601996 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	785.89	744.45	700.53	817.66	897.95
Trading Asset Securities	0.01	0	-	-	-
Cash & Short-Term Investments	785.89	744.45	700.53	817.66	897.95
Cash Growth	5.57%	6.27%	-14.33%	-8.94%	-18.17%
Accounts Receivable	327.42	402.54	269.61	427.32	428.59
Other Receivables	12.37	8.4	6.88	11.44	26.12
Receivables	339.78	410.94	276.49	438.76	454.71
Inventory	565.93	706.85	695.06	651.4	532.56
Prepaid Expenses	-	-	-	0	0.02
Other Current Assets	71.98	79.59	89.39	94.09	61.37
Total Current Assets	1,764	1,942	1,761	2,002	1,947
Property, Plant & Equipment	1,327	1,483	1,611	1,748	1,668
Long-Term Investments	42.37	59.77	71.46	75.11	63.73
Goodwill	4.28	4.28	25.14	36.16	40.95
Other Intangible Assets	236.25	241.34	243.66	250.33	241.1
Long-Term Deferred Tax Assets	1.23	1	0.88	0.99	0.56
Long-Term Deferred Charges	2.19	10.54	13.06	14.29	15.72
Other Long-Term Assets	4.98	9.7	7.86	7.39	55.23
Total Assets	3,382	3,751	3,734	4,134	4,032
Accounts Payable	343.39	351.44	493.42	445.67	335.93
Accrued Expenses	7.97	5.79	13.87	14.11	16.76
Short-Term Debt	464.58	689.92	270.15	230.15	352.81
Current Portion of Long-Term Debt	-	-	-	94.82	56.62
Current Portion of Leases	6.95	7.72	8.86	7.13	6.5
Current Income Taxes Payable	0.03	0.27	0.02	0.7	0.71
Current Unearned Revenue	15.12	20.74	14.25	22.87	32.53
Other Current Liabilities	13.49	14.28	13.73	12.46	11
Total Current Liabilities	851.54	1,090	814.3	827.91	812.86
Long-Term Debt	-	-	-	441	335.39
Long-Term Leases	19.38	23.83	27.96	29.38	33.27
Long-Term Unearned Revenue	12.8	8.17	10.73	10.98	11.68
Long-Term Deferred Tax Liabilities	9.4	9.98	10.57	10.9	13.45
Other Long-Term Liabilities	4.21	5.45	2.89	-	-
Total Liabilities	897.33	1,138	866.44	1,320	1,207
Common Stock	1,121	1,121	1,146	1,146	1,146
Additional Paid-In Capital	701.75	701.75	752.86	752.86	752.86
Retained Earnings	656.15	784.65	1,039	986.86	1,009
Treasury Stock	-	-	-75.81	-75.81	-75.81
Comprehensive Income & Other	1.68	1.79	1.51	-0.06	-10.58
Total Common Equity	2,481	2,609	2,863	2,809	2,821
Minority Interest	4.51	4.4	4.44	4.19	4.91
Shareholders' Equity	2,485	2,614	2,868	2,814	2,826
Total Liabilities & Equity	3,382	3,751	3,734	4,134	4,032
Total Debt	490.91	721.47	306.96	802.48	784.58
Net Cash (Debt)	294.98	22.97	393.56	15.18	113.37
Net Cash Growth	1184.00%	-94.16%	2492.26%	-86.61%	-77.54%
Net Cash Per Share	0.25	0.02	0.38	0.01	0.10
Filing Date Shares Outstanding	1,121	1,121	1,121	1,121	1,121
Total Common Shares Outstanding	1,121	1,121	1,121	1,121	1,121
Working Capital	912.05	851.66	947.17	1,174	1,134
Book Value Per Share	2.21	2.33	2.55	2.51	2.52
Tangible Book Value	2,240	2,363	2,595	2,523	2,539
Tangible Book Value Per Share	2.00	2.11	2.31	2.25	2.26
Buildings	928.44	926.76	922.72	909.3	673.48
Machinery	1,951	1,961	1,943	1,922	1,406
Construction In Progress	9.04	7.92	8.05	17.78	587.51

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