SHA:603569 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	868.64	635.52	608.78	612.04	837.79
Trading Asset Securities	25.92	0.47	0.59	0.85	1.26
Cash & Short-Term Investments	894.56	635.99	609.38	612.88	839.06
Cash Growth	40.66%	4.37%	-0.57%	-26.96%	-11.63%
Accounts Receivable	1,557	1,459	1,422	1,665	1,593
Other Receivables	170.18	160.4	143.97	128.15	199.1
Receivables	1,727	1,619	1,566	1,793	1,792
Inventory	192.49	136.23	112.18	57.04	11.69
Prepaid Expenses	-	-	-	6.5	-
Other Current Assets	168.48	190.55	150.12	174.6	207.28
Total Current Assets	2,983	2,582	2,438	2,644	2,850
Property, Plant & Equipment	1,651	2,032	1,789	1,494	1,469
Long-Term Investments	608.43	585.65	562.71	478.43	446.39
Goodwill	12.16	50.49	50.49	7.08	7.08
Other Intangible Assets	452.14	506.72	549.47	541.92	541.71
Long-Term Accounts Receivable	-	3.72	-	-	-
Long-Term Deferred Tax Assets	212.78	182.6	161.81	120.61	95.81
Long-Term Deferred Charges	20.39	29.71	18.69	6.61	10.88
Other Long-Term Assets	84.79	86.07	92.41	132.37	173.35
Total Assets	6,025	6,059	5,662	5,425	5,594
Accounts Payable	883.87	675.7	581.28	626.03	786.8
Accrued Expenses	12.1	41.14	42.94	46.65	49.62
Short-Term Debt	1,187	995.65	939.5	1,035	956.94
Current Portion of Long-Term Debt	180.04	146.13	47.61	5.36	3.4
Current Portion of Leases	-	13.5	11.22	77.99	173.23
Current Income Taxes Payable	17.74	4.88	8.18	16.52	7.16
Current Unearned Revenue	31.86	40.32	20.48	21.99	20.79
Other Current Liabilities	273.59	215.39	217.07	315.01	281.49
Total Current Liabilities	2,586	2,133	1,868	2,144	2,279
Long-Term Debt	50.8	619	530.7	660.19	612.24
Long-Term Leases	17.78	39.33	26.85	22.09	105.14
Long-Term Unearned Revenue	10.04	10.42	11.24	11.18	11.38
Long-Term Deferred Tax Liabilities	9.43	3.46	3.85	3.28	23.51
Other Long-Term Liabilities	386.27	6.89	4.69	0.64	0.11
Total Liabilities	3,061	2,812	2,446	2,842	3,032
Common Stock	603.51	603.51	603.47	560.35	560.28
Additional Paid-In Capital	994.2	994.2	912.36	371	385.53
Retained Earnings	1,043	1,348	1,310	1,255	1,237
Comprehensive Income & Other	31.79	10.27	117.06	201.4	198.54
Total Common Equity	2,672	2,956	2,943	2,388	2,382
Minority Interest	291.66	291.41	273.7	194.99	180.56
Shareholders' Equity	2,964	3,247	3,217	2,583	2,562
Total Liabilities & Equity	6,025	6,059	5,662	5,425	5,594
Total Debt	1,436	1,814	1,556	1,800	1,851
Net Cash (Debt)	-541.05	-1,178	-946.49	-1,187	-1,012
Net Cash Per Share	-0.87	-1.92	-1.61	-1.98	-1.76
Filing Date Shares Outstanding	677.93	603.51	603.47	560.35	560.28
Total Common Shares Outstanding	677.93	603.51	603.47	560.35	560.28
Working Capital	396.49	449.01	569.24	499.7	570.61
Book Value Per Share	3.94	4.90	4.88	4.26	4.25
Tangible Book Value	2,208	2,398	2,343	1,839	1,833
Tangible Book Value Per Share	3.26	3.97	3.88	3.28	3.27
Buildings	-	847.79	818.23	817.01	551.41
Machinery	-	2,304	1,837	598.7	591.75
Construction In Progress	-	17.67	47.2	48.07	105.66

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