SHA:603611 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	1,222	1,164	1,160	1,304	1,003
Trading Asset Securities	528.5	251.5	62.41	37.89	228.28
Cash & Short-Term Investments	1,750	1,416	1,223	1,342	1,231
Cash Growth	23.62%	15.79%	-8.89%	9.03%	10.47%
Accounts Receivable	2,078	1,966	1,892	2,138	1,947
Other Receivables	145.66	112.08	107.32	103.6	80.25
Receivables	2,224	2,078	1,999	2,242	2,027
Inventory	2,490	2,906	3,593	3,362	2,305
Prepaid Expenses	3.39	3.49	4.9	4.55	1.3
Other Current Assets	291.13	266.93	224.88	224.31	221.07
Total Current Assets	6,759	6,670	7,044	7,175	5,785
Property, Plant & Equipment	1,411	810.08	726.52	688.46	675.79
Long-Term Investments	257.17	207.42	238.73	238.79	232.59
Goodwill	537.08	586.49	634.73	634.73	672.93
Other Intangible Assets	415.99	444.07	359.06	188.54	193.48
Long-Term Deferred Tax Assets	94.74	78.87	65.87	63	65.85
Long-Term Deferred Charges	25.08	24.7	28.12	14.72	14.53
Other Long-Term Assets	23.4	3.6	1.27	1.27	1.27
Total Assets	9,523	8,825	9,099	9,004	7,641
Accounts Payable	2,693	2,306	2,403	2,535	1,962
Accrued Expenses	256.6	238.68	267.48	275.18	273.6
Short-Term Debt	436.68	663.09	632.31	414.12	412.09
Current Portion of Long-Term Debt	337.52	97.59	431.19	-	-
Current Portion of Leases	42.37	30.53	37.03	34.73	48.08
Current Income Taxes Payable	32.31	31.83	31.71	24.15	16.86
Current Unearned Revenue	1,639	1,790	2,192	2,646	1,980
Other Current Liabilities	146.97	158.28	76.19	69.36	197.7
Total Current Liabilities	5,585	5,315	6,071	5,999	4,890
Long-Term Debt	174.37	295.97	48.74	399.37	418.79
Long-Term Leases	340.42	74.66	88.2	81.45	64.54
Long-Term Unearned Revenue	174.66	118.35	88.85	69.62	73.24
Pension & Post-Retirement Benefits	37.61	37.48	41.22	32.56	42.21
Long-Term Deferred Tax Liabilities	4.78	6.49	9.92	17.15	11.9
Other Long-Term Liabilities	-	-	61.29	36.35	38.71
Total Liabilities	6,317	5,848	6,409	6,635	5,540
Common Stock	257.6	257.6	257.6	267.18	267.18
Additional Paid-In Capital	531.23	522.21	527.55	686.14	690.74
Retained Earnings	2,377	2,179	1,877	1,561	1,300
Treasury Stock	-	-	-	-169.6	-169.6
Comprehensive Income & Other	7.72	-19.01	3.7	3.02	-24.88
Total Common Equity	3,173	2,939	2,666	2,348	2,064
Minority Interest	32.85	37.36	23.63	21.3	37.63
Shareholders' Equity	3,206	2,977	2,689	2,369	2,102
Total Liabilities & Equity	9,523	8,825	9,099	9,004	7,641
Total Debt	1,331	1,162	1,237	929.67	943.5
Net Cash (Debt)	418.98	254.07	-14.67	412.42	287.46
Net Cash Growth	64.91%	-	-	43.47%	-9.81%
Net Cash Per Share	1.63	0.98	-0.06	1.60	1.12
Filing Date Shares Outstanding	257.6	257.6	257.6	257.6	257.6
Total Common Shares Outstanding	257.6	257.6	257.6	257.6	257.6
Working Capital	1,174	1,355	973.41	1,176	894.48
Book Value Per Share	12.32	11.41	10.35	9.11	8.01
Tangible Book Value	2,220	1,909	1,672	1,524	1,197
Tangible Book Value Per Share	8.62	7.41	6.49	5.92	4.65
Buildings	550.21	534.43	548.74	528.94	513.44
Machinery	750.42	629.52	480.22	537.79	503.35
Construction In Progress	400.29	185.81	77.05	25.79	17.39

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