SHA:603520 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	415.34	603.35	565.13	661.56	775.74
Trading Asset Securities	-	-	0.02	0.88	70.16
Cash & Short-Term Investments	415.34	603.35	565.16	662.44	845.9
Cash Growth	-31.16%	6.76%	-14.69%	-21.69%	-9.07%
Accounts Receivable	567.92	437.16	492.44	711.18	663.79
Other Receivables	6.27	4.27	4.82	8.31	12.77
Receivables	574.2	441.42	497.26	719.49	676.56
Inventory	1,192	1,105	1,148	738.58	517.59
Other Current Assets	90.2	80.77	54.07	51.12	21.76
Total Current Assets	2,272	2,231	2,265	2,172	2,062
Property, Plant & Equipment	2,989	2,866	2,345	2,189	1,791
Long-Term Investments	131.07	156.13	129.42	135.94	159.55
Goodwill	404.96	404.96	404.96	404.96	519.71
Other Intangible Assets	289.46	302.55	311.93	310.73	231.17
Long-Term Deferred Tax Assets	43.76	36.96	21.72	22.5	14.39
Long-Term Deferred Charges	7.84	13.52	19.23	39.05	41.18
Other Long-Term Assets	17.23	34.92	19.14	28.62	77.03
Total Assets	6,155	6,046	5,516	5,302	4,895
Accounts Payable	374.42	532.86	508.1	540.63	590.94
Accrued Expenses	29.51	93.76	72.52	58.27	57.4
Short-Term Debt	1,634	1,441	1,855	1,689	926.92
Current Portion of Long-Term Debt	306.33	545.02	465.23	416.29	232.75
Current Portion of Leases	-	0.34	1.7	1.56	1.56
Current Income Taxes Payable	16.69	7.27	0.71	0.73	28.03
Current Unearned Revenue	5.68	4.45	10.92	10.44	5.1
Other Current Liabilities	70.63	53.07	17.19	43.07	43.35
Total Current Liabilities	2,437	2,677	2,931	2,760	1,886
Long-Term Debt	945.22	537.28	734.45	673.85	746.55
Long-Term Leases	0.8	94.57	0.02	1.54	-
Long-Term Unearned Revenue	128.37	101.95	91.66	94.41	43.35
Long-Term Deferred Tax Liabilities	-	-	-	1.38	-
Other Long-Term Liabilities	79.29	-	-	-	4.88
Total Liabilities	3,591	3,411	3,758	3,531	2,681
Common Stock	438.41	438.41	342.51	342.91	245.02
Additional Paid-In Capital	1,647	1,643	810.74	813.79	1,141
Retained Earnings	473.68	529.21	600.23	624.25	822.53
Treasury Stock	-	-	-	-24.64	-27.75
Comprehensive Income & Other	-1.06	17.46	-0.88	8.93	-5.51
Total Common Equity	2,558	2,628	1,753	1,765	2,175
Minority Interest	6.34	6.29	6.3	5.97	39.56
Shareholders' Equity	2,564	2,634	1,759	1,771	2,215
Total Liabilities & Equity	6,155	6,046	5,516	5,302	4,895
Total Debt	2,886	2,618	3,056	2,782	1,908
Net Cash (Debt)	-2,471	-2,014	-2,491	-2,120	-1,062
Net Cash Per Share	-4.83	-4.92	-7.32	-6.15	-3.08
Filing Date Shares Outstanding	810.33	438.41	342.51	342.4	342.15
Total Common Shares Outstanding	810.33	438.41	342.51	342.4	342.15
Working Capital	-165.8	-446.72	-666.63	-588.15	175.75
Book Value Per Share	3.16	5.99	5.12	5.16	6.36
Tangible Book Value	1,863	1,921	1,036	1,050	1,424
Tangible Book Value Per Share	2.30	4.38	3.02	3.07	4.16
Buildings	-	1,286	1,174	1,018	951.68
Machinery	-	1,915	1,739	124.38	1,254
Construction In Progress	-	871.31	453.09	635.52	371.47

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