SHA:603887 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	1,923	666	1,074	941.79	1,126
Trading Asset Securities	1.04	1.65	-	-	237.14
Cash & Short-Term Investments	1,924	667.65	1,074	941.79	1,363
Cash Growth	188.12%	-37.82%	14.02%	-30.89%	-39.22%
Accounts Receivable	2,007	1,735	2,447	3,029	3,224
Other Receivables	123.44	53.2	96.94	84.83	95.85
Receivables	2,130	1,788	2,544	3,114	3,320
Inventory	2,169	802.55	431.12	639.96	456.32
Prepaid Expenses	-	-	-	-	57.93
Other Current Assets	546.6	578.55	332.95	373.89	192.42
Total Current Assets	6,770	3,837	4,382	5,070	5,389
Property, Plant & Equipment	4,404	2,869	2,102	2,214	1,149
Long-Term Investments	6.35	11.93	12.35	24.83	34.15
Goodwill	348.38	348.38	348.38	833.41	833.41
Other Intangible Assets	85.66	96.44	99.55	106.89	117.05
Long-Term Deferred Tax Assets	278.3	208.73	167.41	111.94	86.01
Long-Term Deferred Charges	17.72	18.34	19.4	15.11	19.15
Other Long-Term Assets	161.26	597.82	188.15	89.13	82.93
Total Assets	12,072	7,988	7,319	8,465	7,711
Accounts Payable	2,987	1,401	1,207	1,521	1,289
Accrued Expenses	78.05	64.45	47.35	88.2	46.75
Short-Term Debt	818.92	741.43	874.07	1,215	1,405
Current Portion of Long-Term Debt	393.76	-	-	-	-
Current Portion of Leases	-	215.6	18.59	10.59	10.68
Current Income Taxes Payable	60.66	10.41	1.81	4.82	3.14
Current Unearned Revenue	1,059	433.17	199.68	332.44	87.26
Other Current Liabilities	207.72	143.83	167.66	81.32	146.27
Total Current Liabilities	5,604	3,010	2,517	3,253	2,988
Long-Term Debt	1,875	710.87	1,327	1,113	1,253
Long-Term Leases	677.19	684.51	691.26	658.43	30.14
Long-Term Unearned Revenue	8.48	9.94	11.44	12.93	14.42
Long-Term Deferred Tax Liabilities	6.1	21.05	12.74	10.99	11.78
Other Long-Term Liabilities	404.3	-	-	-	-
Total Liabilities	8,576	4,436	4,559	5,049	4,298
Common Stock	602.03	608.94	450.76	450.75	450.72
Additional Paid-In Capital	3,589	3,600	2,240	2,240	2,239
Retained Earnings	-666.67	-599.61	-254.76	401.51	399.46
Treasury Stock	-28.28	-57.26	-	-	-
Comprehensive Income & Other	-	-	323.85	323.87	324.11
Total Common Equity	3,496	3,552	2,760	3,416	3,414
Shareholders' Equity	3,496	3,552	2,760	3,416	3,414
Total Liabilities & Equity	12,072	7,988	7,319	8,465	7,711
Total Debt	3,765	2,352	2,911	2,997	2,699
Net Cash (Debt)	-1,842	-1,685	-1,837	-2,055	-1,336
Net Cash Per Share	-3.06	-3.41	-4.08	-4.48	-3.24
Filing Date Shares Outstanding	-	608.94	450.76	450.75	450.72
Total Common Shares Outstanding	-	608.94	450.76	450.75	450.72
Working Capital	1,166	827.37	1,865	1,816	2,401
Book Value Per Share	-	5.83	6.12	7.58	7.57
Tangible Book Value	3,062	3,107	2,312	2,476	2,463
Tangible Book Value Per Share	-	5.10	5.13	5.49	5.47
Buildings	-	585.04	615.3	381.85	238.5
Machinery	-	971.22	955.85	891.17	750.35
Construction In Progress	-	1,444	701.98	985.92	534.01

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