SHA:603712 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	535.16	422.67	999.05	894.02	413.65
Trading Asset Securities	150.01	640.07	300.52	440.25	501.3
Cash & Short-Term Investments	685.17	1,063	1,300	1,334	914.95
Cash Growth	-35.53%	-18.22%	-2.60%	45.83%	4.17%
Accounts Receivable	4,386	3,880	4,059	3,638	2,819
Other Receivables	39.83	43.15	40.33	65.24	50.64
Receivables	4,426	3,923	4,099	3,703	2,869
Inventory	2,222	2,569	3,077	3,455	3,650
Prepaid Expenses	-	0.62	4.71	18.13	33.15
Other Current Assets	64.73	116.18	122.18	267.78	76.28
Total Current Assets	7,398	7,671	8,603	8,778	7,544
Property, Plant & Equipment	617.55	680.17	709.79	737.19	733.88
Long-Term Investments	313.79	266.22	201.63	146.83	159.63
Other Intangible Assets	71.43	68.75	60.81	60.81	65.71
Long-Term Deferred Tax Assets	306.37	286.59	126.41	69.62	55.73
Long-Term Deferred Charges	2.08	4.89	8.04	8.32	5.02
Other Long-Term Assets	249.49	22.45	58.14	22.79	13.23
Total Assets	8,958	9,000	9,768	9,823	8,577
Accounts Payable	2,599	2,725	3,222	3,530	3,168
Accrued Expenses	73.46	56.4	66.11	101.38	119.74
Short-Term Debt	180.1	100.06	300.19	366.22	110
Current Portion of Long-Term Debt	240.13	234.59	4	-	100
Current Portion of Leases	-	10.9	10.71	12.98	16.45
Current Income Taxes Payable	83.61	2.54	0.97	4.95	9.39
Current Unearned Revenue	530.94	502.18	480.46	902.8	1,276
Other Current Liabilities	82.83	89.5	130.93	72.63	51.68
Total Current Liabilities	3,790	3,721	4,215	4,991	4,851
Long-Term Debt	1,094	742	746.51	400.3	-
Long-Term Leases	0.94	8.66	17.47	26.61	38.32
Long-Term Unearned Revenue	47.46	37.47	28.48	31.07	48.06
Long-Term Deferred Tax Liabilities	-	-	-	0.04	0.2
Other Long-Term Liabilities	0.2	0.1	-	-	-
Total Liabilities	4,932	4,509	5,008	5,449	4,938
Common Stock	772	772	772	772	772
Additional Paid-In Capital	918.2	918.2	918.2	916.96	939.55
Retained Earnings	2,186	2,678	2,973	2,618	1,921
Comprehensive Income & Other	12.41	9.14	5	-	-
Total Common Equity	3,888	4,377	4,668	4,307	3,632
Minority Interest	137.66	113.33	91.74	67.25	7.32
Shareholders' Equity	4,026	4,491	4,760	4,374	3,639
Total Liabilities & Equity	8,958	9,000	9,768	9,823	8,577
Total Debt	1,515	1,096	1,079	806.11	264.77
Net Cash (Debt)	-829.86	-33.47	220.69	528.16	650.18
Net Cash Growth	-	-	-58.22%	-18.77%	6.88%
Net Cash Per Share	-1.08	-0.04	0.29	0.68	0.84
Filing Date Shares Outstanding	786.25	772	772	772	772
Total Common Shares Outstanding	786.25	772	772	772	772
Working Capital	3,608	3,950	4,388	3,787	2,693
Book Value Per Share	4.95	5.67	6.05	5.58	4.70
Tangible Book Value	3,817	4,309	4,608	4,246	3,566
Tangible Book Value Per Share	4.85	5.58	5.97	5.50	4.62
Buildings	-	654.47	625.76	612.3	612.3
Machinery	-	560.04	554.24	446.75	448.83
Construction In Progress	-	10.87	13.1	86.33	5.18

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