SHA:601999 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	1,301	1,566	1,336	1,299	1,085	931.99
Trading Asset Securities	-	-	-	-	0	40
Cash & Short-Term Investments	1,301	1,566	1,336	1,299	1,085	971.99
Cash Growth	22.10%	17.22%	2.84%	19.74%	11.60%	3.58%
Accounts Receivable	697.09	435.91	431.81	390.9	441.69	387.11
Other Receivables	106.55	108.64	121.1	122.99	130.3	120.54
Receivables	803.64	544.55	552.91	513.89	571.99	507.65
Inventory	609.29	602.01	771.7	818.57	861.34	823.07
Prepaid Expenses	-	6.45	35.44	3.48	-	0.07
Other Current Assets	93.68	31.18	45.77	61.13	102.82	104.4
Total Current Assets	2,808	2,750	2,742	2,696	2,621	2,407
Property, Plant & Equipment	628.86	639.32	646.11	738.51	881.78	1,020
Long-Term Investments	395.91	395.5	395.19	395.14	401.77	390
Other Intangible Assets	55.98	57.47	63.75	69.67	60.91	66.6
Long-Term Deferred Tax Assets	0.99	0.99	1.1	25.07	0.73	0.89
Long-Term Deferred Charges	114.19	118.98	137.96	153.88	165.61	188.57
Other Long-Term Assets	107.54	110.46	119.56	123.68	72.06	79.35
Total Assets	4,111	4,073	4,105	4,202	4,204	4,153
Accounts Payable	878.52	824.71	919.51	905.61	918.06	847.72
Accrued Expenses	31.2	95.41	98.41	117.93	107.41	102.32
Short-Term Debt	123.09	93.1	85.1	105.11	60.07	30.04
Current Portion of Leases	-	20.74	16.11	23.03	24.59	31.6
Current Income Taxes Payable	8.3	0.36	0.26	0.12	0.18	0.49
Current Unearned Revenue	161.6	171.77	170.58	209.64	260.58	238.38
Other Current Liabilities	110.71	95.24	97.61	99.61	99.71	101.93
Total Current Liabilities	1,333	1,301	1,388	1,461	1,471	1,352
Long-Term Leases	33.71	35.84	47.55	130.74	192.18	283.57
Long-Term Unearned Revenue	45.97	42.89	44.05	48.62	58.5	74.84
Other Long-Term Liabilities	-	-	-	1.33	-	-
Total Liabilities	1,413	1,380	1,479	1,642	1,721	1,711
Common Stock	550.91	550.91	550.91	550.91	550.91	550.91
Additional Paid-In Capital	524.92	524.92	524.92	524.92	524.92	524.92
Retained Earnings	1,608	1,602	1,530	1,462	1,373	1,330
Comprehensive Income & Other	0.99	0.59	0.21	-0.53	-2.96	-3.42
Total Common Equity	2,685	2,678	2,606	2,537	2,446	2,403
Minority Interest	13.5	14.51	20.31	23.2	36.93	39.34
Shareholders' Equity	2,699	2,693	2,626	2,560	2,482	2,442
Total Liabilities & Equity	4,111	4,073	4,105	4,202	4,204	4,153
Total Debt	176.42	149.68	148.76	258.88	276.84	345.21
Net Cash (Debt)	1,125	1,416	1,187	1,040	807.92	626.78
Net Cash Growth	28.55%	19.30%	14.13%	28.73%	28.90%	-33.21%
Net Cash Per Share	2.07	2.56	2.21	1.86	1.50	1.15
Filing Date Shares Outstanding	663.72	550.91	550.91	550.91	550.91	550.91
Total Common Shares Outstanding	663.72	550.91	550.91	550.91	550.91	550.91
Working Capital	1,475	1,449	1,354	1,235	1,150	1,055
Book Value Per Share	4.05	4.86	4.73	4.61	4.44	4.36
Tangible Book Value	2,629	2,621	2,542	2,467	2,385	2,336
Tangible Book Value Per Share	3.96	4.76	4.61	4.48	4.33	4.24
Buildings	-	589.03	578.98	563.78	302.14	302.14
Machinery	-	342.92	324.48	320.97	315.63	313.3
Construction In Progress	-	0.02	-	-	320.34	329.02

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