SHA:603050 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	550.99	506.61	876.95	706.05	487.05
Cash & Short-Term Investments	550.99	506.61	876.95	706.05	487.05
Cash Growth	8.76%	-42.23%	24.20%	44.96%	-13.76%
Accounts Receivable	2,789	2,749	2,370	1,687	1,456
Other Receivables	28.26	31.96	38.31	37.39	29.34
Receivables	2,818	2,781	2,408	1,725	1,485
Inventory	456.38	812.11	895.76	1,109	873.97
Other Current Assets	93.55	53.79	42.82	68.25	51.68
Total Current Assets	3,919	4,153	4,224	3,608	2,898
Property, Plant & Equipment	700.67	732.98	754.32	769.15	603.41
Long-Term Investments	9.64	8.52	27.51	27.06	25.21
Other Intangible Assets	155.73	165.01	169.64	175.25	193.22
Long-Term Deferred Tax Assets	78.72	82.18	61.3	49.55	35.14
Long-Term Deferred Charges	1.08	1.06	1.33	0.58	0.72
Other Long-Term Assets	105.22	40.26	43.94	46.64	45.82
Total Assets	4,970	5,183	5,282	4,676	3,802
Accounts Payable	1,999	1,744	1,765	1,354	1,164
Accrued Expenses	61.25	129.84	126.84	66.39	81.23
Short-Term Debt	411.67	1.68	12.14	-	-
Current Portion of Long-Term Debt	1.94	304.15	63.73	39.99	145.28
Current Portion of Leases	-	0.49	0.45	0.41	0.38
Current Income Taxes Payable	9.19	4.69	22.04	12.24	2.8
Current Unearned Revenue	282.07	488.51	367.35	366.44	390.15
Other Current Liabilities	218.45	144.69	98.14	197.05	222.24
Total Current Liabilities	2,984	2,818	2,456	2,037	2,006
Long-Term Debt	-	568.87	1,110	1,142	419.2
Long-Term Leases	11.96	7.72	8.2	8.65	9.06
Long-Term Unearned Revenue	74.08	90.64	98.38	103.77	68.83
Other Long-Term Liabilities	13.13	6.65	-	-	-
Total Liabilities	3,083	3,492	3,672	3,291	2,503
Common Stock	403.32	272.51	227.09	162.21	162.21
Additional Paid-In Capital	265.83	387.55	438.23	503.11	503.02
Retained Earnings	1,204	1,005	913.21	695.23	613.03
Comprehensive Income & Other	4.68	0.02	0	-0	0.01
Total Common Equity	1,878	1,665	1,579	1,361	1,278
Minority Interest	9.32	26.71	31.18	25.1	20.53
Shareholders' Equity	1,887	1,692	1,610	1,386	1,299
Total Liabilities & Equity	4,970	5,183	5,282	4,676	3,802
Total Debt	425.57	882.91	1,195	1,191	573.91
Net Cash (Debt)	125.42	-376.3	-317.56	-484.57	-86.86
Net Cash Per Share	0.31	-0.93	-0.79	-1.19	-0.22
Filing Date Shares Outstanding	402.29	403.32	403.32	403.32	403.32
Total Common Shares Outstanding	402.29	403.32	403.32	403.32	403.32
Working Capital	934.95	1,336	1,768	1,571	892.36
Book Value Per Share	4.67	4.13	3.91	3.37	3.17
Tangible Book Value	1,722	1,500	1,409	1,185	1,085
Tangible Book Value Per Share	4.28	3.72	3.49	2.94	2.69
Buildings	-	786.54	792.06	717.46	454.04
Machinery	-	209.35	188.45	174.21	120.42
Construction In Progress	-	1.88	1.44	56.43	171.07

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