SHA:603101 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	208.71	195.09	131.78	196.61	269.92
Trading Asset Securities	0.5	-	-	-	-
Cash & Short-Term Investments	209.21	195.09	131.78	196.61	269.92
Cash Growth	7.24%	48.04%	-32.97%	-27.16%	-53.22%
Accounts Receivable	152.78	140.24	145.62	104.14	95.96
Other Receivables	39.22	44.79	53.52	86.98	101.39
Receivables	192.01	185.02	199.14	191.12	197.35
Inventory	372.2	355.83	301.04	333.01	315.62
Other Current Assets	240.51	202.66	171.68	109.95	153.49
Total Current Assets	1,014	938.59	803.63	830.69	936.38
Property, Plant & Equipment	2,816	2,523	2,238	1,953	1,991
Long-Term Investments	7.94	16.56	21.85	85.3	87.16
Goodwill	139.68	139.68	139.68	139.68	276.21
Other Intangible Assets	150.35	153.39	118.29	123.42	126.92
Long-Term Deferred Tax Assets	10.74	8.6	8.45	5.97	5.64
Long-Term Deferred Charges	226.25	278.2	362.23	352.2	379.22
Other Long-Term Assets	542.88	570.78	579.74	755.64	709.95
Total Assets	4,907	4,629	4,272	4,246	4,513
Accounts Payable	559.72	750.06	675.74	568.09	789.88
Accrued Expenses	34.84	70.52	78.3	67.19	80.7
Short-Term Debt	1,018	1,005	808.46	1,026	686.34
Current Portion of Long-Term Debt	94.62	24.16	-	4	240.36
Current Portion of Leases	-	35.19	66.1	-	-
Current Income Taxes Payable	18.95	6.52	10.33	3.03	6.52
Current Unearned Revenue	627.84	556.33	439.25	449.82	345.75
Other Current Liabilities	474.79	426.72	370.86	425.41	389.14
Total Current Liabilities	2,829	2,875	2,449	2,543	2,539
Long-Term Debt	484.97	134.52	-	9.72	-
Long-Term Leases	116.49	183.75	312.83	342.08	466.72
Long-Term Unearned Revenue	5.46	-	-	-	-
Long-Term Deferred Tax Liabilities	50.66	52.19	54.07	56.12	58.18
Other Long-Term Liabilities	1.98	-	-	-	-
Total Liabilities	3,489	3,245	2,816	2,951	3,064
Common Stock	470.4	470.4	470.4	470.4	470.4
Additional Paid-In Capital	205.85	205.85	209.43	210.13	210.13
Retained Earnings	770.83	717.19	779.25	617.73	771.55
Treasury Stock	-31.81	-9.82	-	-	-
Total Common Equity	1,415	1,384	1,459	1,298	1,452
Minority Interest	3.53	-	-3.26	-3.21	-2.8
Shareholders' Equity	1,419	1,384	1,456	1,295	1,449
Total Liabilities & Equity	4,907	4,629	4,272	4,246	4,513
Total Debt	1,714	1,383	1,187	1,382	1,393
Net Cash (Debt)	-1,505	-1,188	-1,056	-1,185	-1,123
Net Cash Per Share	-3.22	-2.53	-2.24	-2.52	-2.39
Filing Date Shares Outstanding	460.51	465.34	470.4	470.4	470.4
Total Common Shares Outstanding	460.51	465.34	470.4	470.4	470.4
Working Capital	-1,815	-1,936	-1,645	-1,713	-1,602
Book Value Per Share	3.07	2.97	3.10	2.76	3.09
Tangible Book Value	1,125	1,091	1,201	1,035	1,049
Tangible Book Value Per Share	2.44	2.34	2.55	2.20	2.23
Buildings	-	2,680	2,191	1,789	1,656
Machinery	-	400.14	400.82	375.74	383.47
Construction In Progress	-	10.95	5.19	57.84	59.69

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