SHA:603826 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	-	33.15	46.76	75.25	131.06
Cash & Short-Term Investments	48.73	33.15	46.76	75.25	131.06
Cash Growth	47.02%	-29.11%	-37.86%	-42.58%	126.55%
Accounts Receivable	-	206.93	217.62	182.34	166.86
Other Receivables	-	43.39	32.85	21.81	64.7
Receivables	-	250.32	250.47	204.15	231.56
Inventory	-	1,357	1,032	786.77	537.14
Prepaid Expenses	-	-	-	0.83	-
Other Current Assets	-	8.42	6.09	16.88	12.91
Total Current Assets	-	1,649	1,335	1,084	912.67
Property, Plant & Equipment	-	2,613	2,467	2,040	1,499
Long-Term Investments	-	132.97	106.83	84.25	98.56
Other Intangible Assets	-	329.87	335.98	257.02	262.85
Long-Term Deferred Tax Assets	-	119.04	48.36	37.92	14.16
Long-Term Deferred Charges	-	7.34	32.57	38.14	34.27
Other Long-Term Assets	-	16.38	19.03	31.5	94.5
Total Assets	-	4,867	4,345	3,573	2,916
Accounts Payable	-	522.14	485.42	313.21	251.36
Accrued Expenses	-	30.67	32.07	31.19	26.12
Short-Term Debt	-	838.02	632.66	326.15	155.47
Current Portion of Long-Term Debt	-	368.85	428.6	144.34	156.5
Current Portion of Leases	-	94.79	1.49	1.19	0.68
Current Income Taxes Payable	-	6.88	6.13	1.42	3.1
Current Unearned Revenue	-	60.34	27.52	3.24	2.6
Other Current Liabilities	-	219.64	7.83	6.97	1.96
Total Current Liabilities	-	2,141	1,622	827.72	597.79
Long-Term Debt	-	634.61	782.39	910.25	565.95
Long-Term Leases	-	122.56	2.23	0.83	0.9
Long-Term Unearned Revenue	-	51.65	23.1	26.12	27.2
Long-Term Deferred Tax Liabilities	-	16.13	13.46	10.38	4.62
Other Long-Term Liabilities	-	10.95	-	-	-
Total Liabilities	-	2,977	2,443	1,775	1,196
Common Stock	-	655.2	468	468	468
Additional Paid-In Capital	-	383.63	383.63	383.63	383.63
Retained Earnings	-	809.8	1,009	924.71	836.73
Comprehensive Income & Other	-	29.32	30.75	11.56	23.28
Total Common Equity	1,951	1,878	1,891	1,788	1,712
Minority Interest	-	11.72	10.8	9.8	8.21
Shareholders' Equity	1,970	1,890	1,902	1,798	1,720
Total Liabilities & Equity	-	4,867	4,345	3,573	2,916
Total Debt	1,953	2,059	1,847	1,383	879.5
Net Cash (Debt)	-1,904	-2,026	-1,801	-1,308	-748.44
Net Cash Per Share	-2.87	-3.09	-3.85	-2.00	-1.14
Filing Date Shares Outstanding	688.27	655.2	655.2	655.2	655.2
Total Common Shares Outstanding	655.2	655.2	655.2	655.2	655.2
Working Capital	-	-492.79	-286.7	256.16	314.88
Book Value Per Share	2.98	2.87	2.89	2.73	2.61
Tangible Book Value	1,626	1,548	1,555	1,531	1,449
Tangible Book Value Per Share	2.48	2.36	2.37	2.34	2.21
Buildings	-	1,284	1,102	1,058	629.41
Machinery	-	1,002	854.46	839.44	465.94
Construction In Progress	-	943.8	991.36	499.85	689.97

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