SHA:603535 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	233.94	421.57	304.98	906.15	238.9
Short-Term Investments	-	-	-	-	60.04
Trading Asset Securities	212.36	3.07	6.03	250.63	214.57
Cash & Short-Term Investments	446.31	424.64	311.01	1,157	513.51
Cash Growth	5.10%	36.54%	-73.11%	125.27%	-11.22%
Accounts Receivable	538.57	693.83	525.51	489.77	435.89
Other Receivables	50.65	11.57	42.4	28.62	44.81
Receivables	589.22	705.4	567.91	518.4	480.7
Inventory	134.84	128.46	123.74	127.88	212.04
Other Current Assets	121.06	177.26	163.46	81.63	73.77
Total Current Assets	1,291	1,436	1,166	1,885	1,280
Property, Plant & Equipment	2,452	2,121	2,064	1,688	1,355
Long-Term Investments	8.12	6.95	6.71	6.14	5.73
Other Intangible Assets	358.12	366.27	214.76	220.53	181.55
Long-Term Accounts Receivable	-	25.36	-	-	-
Long-Term Deferred Tax Assets	50.43	21.43	23.11	14.91	10.68
Long-Term Deferred Charges	23.98	32.58	10.89	-	-
Other Long-Term Assets	745.86	726.77	886.88	3.72	4.23
Total Assets	4,930	4,737	4,373	3,818	2,837
Accounts Payable	629.61	457.43	627.65	524.36	481.22
Accrued Expenses	9.59	73.08	70.31	38.17	29.27
Short-Term Debt	359.53	319.95	227.51	175.26	186.79
Current Portion of Long-Term Debt	53.33	-	-	-	-
Current Portion of Leases	-	20.99	8.77	12.64	16.96
Current Income Taxes Payable	77.58	32.72	22.26	8.75	6.74
Current Unearned Revenue	5.18	11.64	10.92	3.77	9.63
Other Current Liabilities	47.62	54.19	50.72	18.55	17.57
Total Current Liabilities	1,182	969.98	1,018	781.51	748.18
Long-Term Debt	1,097	1,051	862.13	675.17	-
Long-Term Leases	42.49	55.77	1.66	11.96	24
Long-Term Unearned Revenue	18.3	19.13	19.99	20.87	22.11
Long-Term Deferred Tax Liabilities	6.43	5.17	17.88	20.67	0.24
Total Liabilities	2,347	2,101	1,920	1,510	794.53
Common Stock	510.92	345.21	233.25	233.25	160.86
Additional Paid-In Capital	400.34	565.97	677.88	677.86	750.25
Retained Earnings	1,536	1,589	1,407	1,263	1,110
Comprehensive Income & Other	127.07	127.86	127.51	126.7	14.54
Total Common Equity	2,575	2,628	2,446	2,301	2,036
Minority Interest	8.49	7.41	7.02	7.03	6.86
Shareholders' Equity	2,583	2,635	2,453	2,308	2,043
Total Liabilities & Equity	4,930	4,737	4,373	3,818	2,837
Total Debt	1,552	1,448	1,100	875.04	227.74
Net Cash (Debt)	-1,106	-1,023	-789.06	281.74	285.77
Net Cash Growth	-	-	-	-1.41%	-40.51%
Net Cash Per Share	-2.31	-1.99	-1.56	0.53	0.58
Filing Date Shares Outstanding	379.85	510.91	510.91	510.91	510.91
Total Common Shares Outstanding	379.85	510.91	510.91	510.91	510.91
Working Capital	108.99	465.78	147.99	1,103	531.85
Book Value Per Share	6.78	5.14	4.79	4.50	3.98
Tangible Book Value	2,217	2,261	2,231	2,080	1,854
Tangible Book Value Per Share	5.84	4.43	4.37	4.07	3.63
Buildings	-	1,627	1,622	1,155	565.08
Machinery	-	69.82	52.85	49.13	47.07
Construction In Progress	-	593.52	573.16	619.58	836.57

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