SHA:603179 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	1,242	1,521	1,416	757.82	799.37
Trading Asset Securities	-	-	-	100.95	273.06
Cash & Short-Term Investments	1,242	1,521	1,416	858.77	1,072
Cash Growth	-18.33%	7.44%	64.84%	-19.92%	-32.35%
Accounts Receivable	6,224	5,262	4,487	2,918	2,233
Other Receivables	376.5	308.57	273.23	144.97	97.47
Receivables	6,600	5,570	4,760	3,063	2,330
Inventory	2,921	2,710	2,475	1,750	1,482
Prepaid Expenses	-	-	1.63	0.05	0.25
Other Current Assets	394.06	430.2	456.5	358.42	170.49
Total Current Assets	11,158	10,231	9,109	6,031	5,056
Property, Plant & Equipment	5,749	4,584	3,512	2,636	1,981
Long-Term Investments	16.88	19.86	18.72	13.44	11.72
Goodwill	133.78	-	-	-	-
Other Intangible Assets	521.27	378.11	371.77	275.96	227.74
Long-Term Accounts Receivable	43.03	54.04	37.89	38.25	26.39
Long-Term Deferred Tax Assets	71.67	66.87	50.5	46.14	31.37
Long-Term Deferred Charges	257.06	170.01	122.51	77.09	47.21
Other Long-Term Assets	467.39	408.55	224.46	219.62	24.76
Total Assets	18,418	15,912	13,447	9,337	7,406
Accounts Payable	7,755	6,804	5,670	3,692	2,574
Accrued Expenses	271.34	210.12	171.77	115.54	53.78
Short-Term Debt	24.52	150.64	100.77	525.8	326.82
Current Portion of Long-Term Debt	672.62	603.84	589.01	158.72	234.67
Current Portion of Leases	48.42	20.41	19.88	10.52	8.23
Current Income Taxes Payable	60.65	110.62	96.49	53.94	20.14
Current Unearned Revenue	82.55	98.19	114.5	124.24	50.81
Other Current Liabilities	133.43	114.61	110.37	71.14	2.46
Total Current Liabilities	9,048	8,113	6,873	4,752	3,271
Long-Term Debt	1,405	1,930	1,445	362.91	316
Long-Term Leases	295.8	62.16	36.88	14.44	4.61
Long-Term Unearned Revenue	130.91	132.09	84.48	73.27	61.17
Long-Term Deferred Tax Liabilities	6.14	0.07	1.44	4.84	1.02
Other Long-Term Liabilities	67.02	22.26	0.79	-	-
Total Liabilities	10,954	10,259	8,442	5,207	3,654
Common Stock	510.14	487.3	487.3	487.3	374.85
Additional Paid-In Capital	-	-	2,108	2,108	2,221
Retained Earnings	3,632	2,963	2,132	1,473	1,115
Comprehensive Income & Other	3,271	2,156	229.74	11.03	-5.51
Total Common Equity	7,413	5,606	4,957	4,079	3,705
Minority Interest	52.04	47.71	48.15	50.14	47
Shareholders' Equity	7,465	5,653	5,006	4,130	3,752
Total Liabilities & Equity	18,418	15,912	13,447	9,337	7,406
Total Debt	2,447	2,767	2,192	1,072	890.34
Net Cash (Debt)	-1,205	-1,246	-776.01	-213.61	182.1
Net Cash Growth	-	-	-	-	-70.21%
Net Cash Per Share	-2.45	-2.56	-1.59	-0.44	0.37
Filing Date Shares Outstanding	510.14	487.3	487.3	487.3	487.3
Total Common Shares Outstanding	510.14	487.3	487.3	487.3	487.3
Working Capital	2,110	2,118	2,236	1,279	1,784
Book Value Per Share	14.53	11.50	10.17	8.37	7.60
Tangible Book Value	6,757	5,227	4,586	3,803	3,477
Tangible Book Value Per Share	13.25	10.73	9.41	7.81	7.13
Buildings	2,628	1,886	1,638	1,100	845.79
Machinery	3,917	3,259	2,529	1,802	1,439
Construction In Progress	652.96	690.22	299.41	484.13	287.15

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