SHA:603969 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	292.82	241.16	225.13	320.08	352.21
Short-Term Investments	-	-	-	159.92	147.47
Trading Asset Securities	29.91	14.94	18.75	18.75	16.75
Cash & Short-Term Investments	322.73	256.1	243.88	498.75	516.42
Cash Growth	26.02%	5.01%	-51.10%	-3.42%	77.77%
Accounts Receivable	2,561	2,302	1,742	1,555	1,452
Other Receivables	51.99	43.46	43.59	50.2	51.33
Receivables	2,613	2,346	1,786	1,606	1,503
Inventory	568.89	386.52	486.28	399	373.86
Other Current Assets	188.76	141.12	162.29	87.81	109.18
Total Current Assets	3,693	3,129	2,678	2,591	2,503
Property, Plant & Equipment	355	360.51	303.78	318.82	327.86
Long-Term Investments	385.35	244.21	196.56	149.56	126.88
Goodwill	-	-	0.77	0.77	-
Other Intangible Assets	87.59	89.87	92.14	89.13	91.41
Long-Term Deferred Tax Assets	49.61	41.14	42.1	36.81	30.37
Long-Term Deferred Charges	13.91	38.24	47.78	48.15	10.32
Other Long-Term Assets	6.84	9.22	5.13	10.32	6.47
Total Assets	4,591	3,913	3,367	3,245	3,096
Accounts Payable	468.18	534.11	566.95	867.34	613.99
Accrued Expenses	18.33	26.21	12.66	22.54	19.38
Short-Term Debt	510	480.03	262.08	109.7	347.6
Current Portion of Long-Term Debt	173.82	7.68	144.96	16.4	2.6
Current Portion of Leases	-	12.41	0.63	-	-
Current Income Taxes Payable	49.54	18.89	10.71	7.79	5.68
Current Unearned Revenue	226.87	9.64	15.41	26.6	6.5
Other Current Liabilities	65.74	38.74	58.8	7.26	5.26
Total Current Liabilities	1,512	1,128	1,072	1,058	1,001
Long-Term Debt	208.91	245.02	-	45	61.4
Long-Term Leases	45.76	54.12	1.17	-	-
Long-Term Unearned Revenue	16.96	17.42	17.88	18.73	19.97
Long-Term Deferred Tax Liabilities	-	-	-	-	0
Total Liabilities	1,784	1,444	1,091	1,121	1,082
Common Stock	857.34	854.76	854.76	841	841
Additional Paid-In Capital	301.87	283.79	266.79	230.53	230.53
Retained Earnings	1,596	1,299	1,122	1,001	897.25
Treasury Stock	-40.16	-48.03	-43.25	-15.07	-15.07
Comprehensive Income & Other	51.35	51.91	52.64	53.48	42.63
Total Common Equity	2,766	2,441	2,253	2,111	1,996
Minority Interest	40.98	27.26	22.84	12.27	17.13
Shareholders' Equity	2,807	2,468	2,275	2,123	2,013
Total Liabilities & Equity	4,591	3,913	3,367	3,245	3,096
Total Debt	938.5	799.25	408.84	171.1	411.6
Net Cash (Debt)	-615.77	-543.15	-164.96	327.65	104.82
Net Cash Growth	-	-	-	212.59%	-
Net Cash Per Share	-0.72	-0.64	-0.19	0.38	0.13
Filing Date Shares Outstanding	841.61	850.81	850.81	848	837.25
Total Common Shares Outstanding	841.61	850.81	837.25	837.25	837.25
Working Capital	2,180	2,002	1,606	1,533	1,502
Book Value Per Share	3.29	2.87	2.69	2.52	2.38
Tangible Book Value	2,679	2,351	2,160	2,021	1,905
Tangible Book Value Per Share	3.18	2.76	2.58	2.41	2.28
Buildings	-	289.23	280.52	274.05	274.13
Machinery	-	383.91	368.5	342.39	334.32
Construction In Progress	-	2.86	5.12	22.08	9.52

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