SHA:603689 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	473.7	518.42	718.91	745.05	861.25
Trading Asset Securities	40.04	100.16	401.44	400.6	850.85
Cash & Short-Term Investments	513.74	618.58	1,120	1,146	1,712
Cash Growth	-16.95%	-44.79%	-2.21%	-33.09%	214.75%
Accounts Receivable	86.4	131.83	99.68	139.98	179.38
Other Receivables	14.07	22.87	14.02	14.69	8.41
Receivables	100.47	154.71	113.7	154.67	189.78
Inventory	39.9	44.43	40.97	37.99	34.72
Prepaid Expenses	0.48	0.15	2.95	2.28	1.88
Other Current Assets	258.86	247.88	238.42	222.77	140.1
Total Current Assets	913.45	1,066	1,516	1,563	2,079
Property, Plant & Equipment	4,064	3,980	3,509	3,060	2,465
Long-Term Investments	1,974	1,902	1,558	1,229	194.96
Goodwill	0.08	2.46	2.46	2.46	0.08
Other Intangible Assets	392.25	369.55	335.94	257.09	159.91
Long-Term Deferred Tax Assets	8.76	10.48	7.15	2.36	3.44
Long-Term Deferred Charges	0.84	1.29	0.96	1.18	1.12
Other Long-Term Assets	170.37	115.01	71.25	127.64	266.33
Total Assets	7,524	7,446	7,001	6,243	5,170
Accounts Payable	243.99	344.79	313.26	252.32	206.57
Accrued Expenses	16.32	29.08	25.34	20.31	15.24
Short-Term Debt	213.09	100.07	110.07	220	342.62
Current Portion of Long-Term Debt	415.7	657.93	83.23	52.24	55.77
Current Portion of Leases	1.47	2.32	2.52	6.13	4.95
Current Income Taxes Payable	28.63	35.87	22.97	18.49	22.91
Current Unearned Revenue	266.51	255.29	225.07	191.26	219.99
Other Current Liabilities	641.27	244.04	225.67	182.81	97.63
Total Current Liabilities	1,827	1,669	1,008	943.55	965.68
Long-Term Debt	1,377	1,861	2,427	2,051	1,350
Long-Term Leases	2.88	4.93	3.2	4.89	6.26
Long-Term Unearned Revenue	25.55	18.59	11.2	9.98	5.09
Long-Term Deferred Tax Liabilities	0.54	0.5	0.32	0.77	2.53
Other Long-Term Liabilities	-	-	-	-	1.35
Total Liabilities	3,233	3,554	3,450	3,010	2,331
Common Stock	526.03	490.48	478.27	470.4	336
Additional Paid-In Capital	1,226	983.9	896.55	915.59	993.86
Retained Earnings	1,857	1,728	1,563	1,313	1,122
Treasury Stock	-18.89	-32.35	-36.03	-	-
Comprehensive Income & Other	119.82	129.91	139.17	126.4	118.99
Total Common Equity	3,710	3,300	3,041	2,825	2,571
Minority Interest	581.96	591.89	510.73	407.51	268.2
Shareholders' Equity	4,292	3,892	3,552	3,233	2,839
Total Liabilities & Equity	7,524	7,446	7,001	6,243	5,170
Total Debt	2,010	2,626	2,626	2,334	1,759
Net Cash (Debt)	-1,496	-2,007	-1,506	-1,188	-47.35
Net Cash Per Share	-2.54	-3.38	-2.58	-2.10	-0.10
Filing Date Shares Outstanding	526.03	490.48	478.27	470.4	470.4
Total Common Shares Outstanding	526.03	490.48	478.27	470.4	470.4
Working Capital	-913.52	-603.64	508.28	619.81	1,113
Book Value Per Share	7.05	6.73	6.36	6.01	5.46
Tangible Book Value	3,318	2,928	2,702	2,566	2,411
Tangible Book Value Per Share	6.31	5.97	5.65	5.45	5.12
Buildings	845.82	798.59	485.38	384.5	362.07
Machinery	649.22	605.59	492.97	388	364.73
Construction In Progress	579.07	591.77	486.62	802.59	232.61

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