SHA:605007 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	397.17	319.76	1,307	568.23	777.06	756.99
Trading Asset Securities	-	-	-	-	526.56	-
Cash & Short-Term Investments	397.17	319.76	1,307	568.23	1,304	756.99
Cash Growth	-63.93%	-75.53%	129.99%	-56.41%	72.21%	97.04%
Accounts Receivable	1,350	1,377	1,543	1,403	1,174	730.5
Other Receivables	5.19	288.96	227.11	75.3	38.4	113.03
Receivables	1,355	1,666	1,770	1,478	1,213	843.53
Inventory	1,330	1,210	985.69	575.11	658.97	571.93
Other Current Assets	380.36	46.33	29.84	15.72	52.33	25.66
Total Current Assets	3,462	3,241	4,092	2,637	3,228	2,198
Property, Plant & Equipment	8,347	7,850	6,261	4,214	2,706	2,232
Other Intangible Assets	679.29	682.5	592.54	500.75	308.67	81.88
Long-Term Deferred Tax Assets	168.91	171.01	143.34	121.09	59.12	23.19
Long-Term Deferred Charges	-	-	-	-	2.05	3.23
Other Long-Term Assets	772.01	679.11	383.37	253.6	263.04	7.13
Total Assets	13,430	12,624	11,472	7,726	6,567	4,546
Accounts Payable	1,020	1,148	1,475	1,080	898.51	530.6
Accrued Expenses	50.81	67.52	54.06	59.41	27.27	60.69
Short-Term Debt	4,094	3,800	2,853	2,021	2,020	1,047
Current Portion of Long-Term Debt	820.92	651.04	623.52	209.13	205.67	60
Current Portion of Leases	-	12.22	17.42	0.6	3.74	13.15
Current Income Taxes Payable	40.91	4.71	30.83	77.3	36.16	54.78
Current Unearned Revenue	112.68	61.31	48.78	41.74	28.44	21.01
Other Current Liabilities	87.36	106.44	90.72	110	39.24	7.03
Total Current Liabilities	6,226	5,851	5,193	3,598	3,259	1,794
Long-Term Debt	2,871	2,527	2,146	1,316	932.56	582.18
Long-Term Leases	83.83	94.41	115.87	0.17	4.37	29.3
Long-Term Unearned Revenue	455.14	459.16	457.74	366	167.27	24.09
Long-Term Deferred Tax Liabilities	3.87	3.89	3.95	3.9	-	-
Total Liabilities	9,640	8,935	7,917	5,284	4,364	2,430
Common Stock	475.73	475.73	476.9	403.9	400.22	400.01
Additional Paid-In Capital	1,241	1,241	1,255	498.4	464.26	461.3
Retained Earnings	1,885	1,786	1,660	1,388	1,182	1,096
Treasury Stock	-8.39	-8.39	-16.94	-24.31	-	-
Comprehensive Income & Other	156.52	156.1	156.11	156.11	157.29	158.01
Total Common Equity	3,750	3,650	3,531	2,422	2,203	2,116
Minority Interest	39.76	38.8	24.03	20.11	-	-
Shareholders' Equity	3,790	3,689	3,555	2,442	2,203	2,116
Total Liabilities & Equity	13,430	12,624	11,472	7,726	6,567	4,546
Total Debt	7,870	7,084	5,756	3,546	3,167	1,732
Net Cash (Debt)	-7,472	-6,765	-4,449	-2,978	-1,863	-974.65
Net Cash Per Share	-15.48	-14.10	-10.57	-7.35	-4.63	-2.45
Filing Date Shares Outstanding	475.73	475.73	476.9	403.9	400.22	400.01
Total Common Shares Outstanding	475.73	475.73	476.9	403.9	400.22	400.01
Working Capital	-2,764	-2,610	-1,101	-961.58	-31.72	403.84
Book Value Per Share	7.88	7.67	7.40	6.00	5.51	5.29
Tangible Book Value	3,071	2,968	2,939	1,921	1,895	2,034
Tangible Book Value Per Share	6.45	6.24	6.16	4.76	4.73	5.08
Buildings	-	2,381	1,623	806.82	682.16	538.99
Machinery	-	6,057	4,287	2,252	1,436	1,739
Construction In Progress	-	1,126	1,617	2,173	1,281	508.29

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