SHA:603186 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	456.14	467.55	512.43	549.19	448.26
Trading Asset Securities	-	-	0.72	2.61	0.62
Cash & Short-Term Investments	456.14	467.55	513.15	551.8	448.88
Cash Growth	-2.44%	-8.88%	-7.00%	22.93%	-21.53%
Accounts Receivable	2,264	1,915	1,698	1,707	1,725
Other Receivables	52.83	62.7	32.36	13.56	16.71
Receivables	2,317	1,978	1,730	1,720	1,742
Inventory	511.03	454.92	451.57	441.92	407.16
Prepaid Expenses	0.96	3.1	3.79	-	-
Other Current Assets	11.59	15.45	13.07	38.96	116.96
Total Current Assets	3,297	2,919	2,712	2,753	2,715
Property, Plant & Equipment	2,732	2,807	2,690	2,487	1,887
Long-Term Investments	10.32	10.32	10.32	-	-
Other Intangible Assets	187.58	245.53	240.57	264.8	205.69
Long-Term Deferred Tax Assets	74.15	95.06	84.57	85.17	28.24
Long-Term Deferred Charges	25.3	24.21	24.17	17.85	32.11
Other Long-Term Assets	6.42	10.99	29.96	32.65	230.05
Total Assets	6,335	6,113	5,792	5,640	5,098
Accounts Payable	2,260	1,908	1,736	1,698	1,651
Accrued Expenses	89.17	80.6	79.04	82.93	85.36
Short-Term Debt	728.21	954.72	919.5	872.89	968.96
Current Portion of Long-Term Debt	233.87	173.9	38.6	67.24	99.37
Current Portion of Leases	0.41	-	-	-	-
Current Income Taxes Payable	9.18	1.3	0.89	0.32	3.81
Current Unearned Revenue	10.89	16.37	8.42	8.96	7.13
Other Current Liabilities	72.65	115.98	56.98	28.93	22.61
Total Current Liabilities	3,405	3,251	2,839	2,759	2,838
Long-Term Debt	995.16	1,173	1,230	1,034	500.61
Long-Term Leases	0.53	-	-	-	-
Long-Term Unearned Revenue	174.56	182.12	147.25	101.19	63.61
Long-Term Deferred Tax Liabilities	9.07	9.34	9.14	48.64	24.25
Total Liabilities	4,584	4,615	4,226	3,943	3,427
Common Stock	142.02	142.01	142.01	142.01	142.03
Additional Paid-In Capital	792.08	793.21	793.38	793.07	794.13
Retained Earnings	746	469.29	566.72	698.6	733.53
Treasury Stock	-	-	-1.91	-4.78	-10.35
Comprehensive Income & Other	50.72	50.77	50.77	50.51	-
Total Common Equity	1,731	1,455	1,551	1,679	1,659
Minority Interest	19.74	41.85	15.53	17.51	11.46
Shareholders' Equity	1,751	1,497	1,566	1,697	1,671
Total Liabilities & Equity	6,335	6,113	5,792	5,640	5,098
Total Debt	1,958	2,301	2,188	1,975	1,569
Net Cash (Debt)	-1,502	-1,834	-1,675	-1,423	-1,120
Net Cash Per Share	-10.31	-12.99	-11.82	-9.86	-7.90
Filing Date Shares Outstanding	156.79	142.01	142.01	142.01	142.03
Total Common Shares Outstanding	142.02	142.01	142.01	142.01	142.03
Working Capital	-107.67	-332.51	-127.61	-6.05	-123.5
Book Value Per Share	12.19	10.25	10.92	11.83	11.68
Tangible Book Value	1,543	1,210	1,310	1,415	1,454
Tangible Book Value Per Share	10.87	8.52	9.23	9.96	10.24
Buildings	1,212	1,089	1,014	841.37	472.91
Machinery	2,239	2,225	1,979	1,516	1,022
Construction In Progress	141.04	227.04	264.01	556.23	721.8

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