SHA:603126 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	1,293	1,036	1,242	1,042	913.33
Trading Asset Securities	-	-	-	29.94	35.78
Cash & Short-Term Investments	1,293	1,036	1,242	1,072	949.11
Cash Growth	24.77%	-16.58%	15.88%	12.94%	-18.33%
Accounts Receivable	3,083	1,940	2,180	1,816	1,266
Other Receivables	41.76	39.35	42.88	27.14	27.1
Receivables	3,124	1,979	2,223	1,843	1,293
Inventory	332.15	276.55	280.31	430.16	772.73
Prepaid Expenses	15.88	16	12.13	9.68	-
Other Current Assets	340.74	318.1	178.26	178.36	201.86
Total Current Assets	5,106	3,626	3,936	3,534	3,217
Property, Plant & Equipment	1,133	1,166	1,161	1,119	830.29
Long-Term Investments	70.32	45.53	64.12	56.64	59.94
Goodwill	-	1.26	1.26	1.26	1.26
Other Intangible Assets	210.33	178.17	179.12	165.12	152.95
Long-Term Accounts Receivable	25.75	31.5	-	-	-
Long-Term Deferred Tax Assets	66.36	63.26	62.42	53.03	47.16
Long-Term Deferred Charges	9.34	1	0.77	1.08	0.97
Other Long-Term Assets	28.77	20.07	27.93	49.31	116.86
Total Assets	6,650	5,133	5,433	4,979	4,426
Accounts Payable	2,442	1,409	1,758	1,533	1,146
Accrued Expenses	20.87	17.07	8.5	81.05	18.75
Short-Term Debt	433.8	48.49	34.51	40	50
Current Portion of Long-Term Debt	110.07	184.48	28.77	17.77	52
Current Income Taxes Payable	6.65	3.85	60.99	18.92	23.03
Current Unearned Revenue	445.17	429.68	314.65	311.13	522.39
Other Current Liabilities	262.62	306.7	301.7	256.22	217.44
Total Current Liabilities	3,721	2,399	2,507	2,258	2,030
Long-Term Debt	428.49	249.53	349.26	232.48	63.5
Long-Term Unearned Revenue	14.34	15.01	14.46	25	36.07
Long-Term Deferred Tax Liabilities	15.31	4.3	7.12	8.78	9.55
Other Long-Term Liabilities	15.48	16.24	16.25	14.9	20.13
Total Liabilities	4,195	2,684	2,895	2,539	2,159
Common Stock	610.5	610.5	610.5	610.5	610.5
Additional Paid-In Capital	58.21	58.21	61.64	61.19	57.53
Retained Earnings	1,396	1,386	1,429	1,340	1,235
Comprehensive Income & Other	-18.46	-12.19	5.44	21.58	16.85
Total Common Equity	2,046	2,042	2,106	2,033	1,920
Minority Interest	408.57	406.32	432.05	406.67	347.16
Shareholders' Equity	2,455	2,448	2,538	2,440	2,267
Total Liabilities & Equity	6,650	5,133	5,433	4,979	4,426
Total Debt	972.37	482.51	412.54	290.25	165.5
Net Cash (Debt)	320.52	553.71	829.6	781.66	783.61
Net Cash Growth	-42.11%	-33.26%	6.13%	-0.25%	-25.52%
Net Cash Per Share	0.53	0.91	1.36	1.28	1.28
Filing Date Shares Outstanding	610.5	610.5	610.5	610.5	610.5
Total Common Shares Outstanding	610.5	610.5	610.5	610.5	610.5
Working Capital	1,385	1,227	1,428	1,275	1,187
Book Value Per Share	3.35	3.34	3.45	3.33	3.15
Tangible Book Value	1,836	1,863	1,926	1,867	1,766
Tangible Book Value Per Share	3.01	3.05	3.15	3.06	2.89
Buildings	864.31	821.26	769.34	580.39	537.46
Machinery	483.94	480.5	420.87	426.61	343.75
Construction In Progress	143.21	139.56	182.7	261.42	100.57

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