SHA:603687 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	1,001	1,093	1,558	845.32	942.62
Trading Asset Securities	7.06	33.25	0.6	0.6	-
Cash & Short-Term Investments	1,008	1,126	1,559	845.92	942.62
Cash Growth	-10.52%	-27.75%	84.29%	-10.26%	-16.88%
Accounts Receivable	640.8	650.15	596.32	590.83	517.38
Other Receivables	15.66	16.43	19.71	12.93	9.96
Receivables	656.46	666.58	616.03	603.76	527.33
Inventory	420.9	388.6	259.57	266.68	195.24
Prepaid Expenses	-	-	-	1.14	-
Other Current Assets	95.63	101.65	89.66	37.18	47.93
Total Current Assets	2,181	2,283	2,524	1,755	1,713
Property, Plant & Equipment	1,283	1,279	1,264	1,013	785.78
Long-Term Investments	319.02	130.99	32	32	174.24
Goodwill	397.53	397.53	258.34	258.34	4.04
Other Intangible Assets	245.1	278.03	260.28	274.6	197.15
Long-Term Deferred Tax Assets	10.63	11	13.14	10.04	7.31
Long-Term Deferred Charges	15.57	16.8	19.79	23.55	19.6
Other Long-Term Assets	50.12	67.1	15.14	76.74	0.72
Total Assets	4,502	4,463	4,387	3,443	2,902
Accounts Payable	487.36	375	468.15	378.78	265.06
Accrued Expenses	45.43	85.14	73.69	75.46	45.84
Short-Term Debt	-	-	59.81	14.9	-
Current Portion of Long-Term Debt	10.03	-	10.01	-	-
Current Portion of Leases	-	8.46	3.8	11.58	-
Current Income Taxes Payable	42.54	17.52	12.61	21.12	54.03
Current Unearned Revenue	229.75	218.95	2.73	4.57	2.52
Other Current Liabilities	27.37	49.96	37.88	35.79	4
Total Current Liabilities	842.47	755.02	668.68	542.2	371.46
Long-Term Debt	-	-	17	482.18	464.29
Long-Term Leases	21.34	28.51	24.33	28.43	34.83
Long-Term Unearned Revenue	105.84	109.35	115.91	95.89	97.91
Long-Term Deferred Tax Liabilities	29.14	30.02	33.65	33.37	14.5
Total Liabilities	998.79	922.9	859.57	1,182	982.99
Common Stock	550.03	550.03	550.03	419.47	414.41
Additional Paid-In Capital	1,743	1,792	1,801	736.59	693.45
Retained Earnings	1,011	965.35	885.66	807.38	712.11
Treasury Stock	-50.1	-50.1	-	-	-
Comprehensive Income & Other	-1.91	1.72	-0.12	78.23	85.79
Total Common Equity	3,251	3,259	3,237	2,042	1,906
Minority Interest	251.7	281.46	290.64	219.55	13.23
Shareholders' Equity	3,503	3,540	3,528	2,261	1,919
Total Liabilities & Equity	4,502	4,463	4,387	3,443	2,902
Total Debt	31.37	36.97	114.95	537.09	499.12
Net Cash (Debt)	976.44	1,089	1,444	308.83	443.5
Net Cash Growth	-10.36%	-24.56%	367.58%	-30.36%	-25.09%
Net Cash Per Share	1.77	1.95	3.26	0.73	1.09
Filing Date Shares Outstanding	598.76	545.19	550.03	419.47	419.1
Total Common Shares Outstanding	598.76	545.19	550.03	419.47	414.41
Working Capital	1,338	1,528	1,856	1,212	1,342
Book Value Per Share	5.43	5.98	5.89	4.87	4.60
Tangible Book Value	2,609	2,583	2,718	1,509	1,705
Tangible Book Value Per Share	4.36	4.74	4.94	3.60	4.11
Buildings	-	635.85	654.43	582.24	411.11
Machinery	-	1,271	1,183	1,094	679.24
Construction In Progress	-	253.6	217.77	43.34	5.74

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