SHA:605020 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	250.17	132.48	218.88	224.98	167.27
Trading Asset Securities	104.92	-	-	-	-
Cash & Short-Term Investments	355.09	132.48	218.88	224.98	167.27
Cash Growth	168.03%	-39.47%	-2.71%	34.50%	-28.88%
Accounts Receivable	892.61	646.5	714.83	724.62	591.57
Other Receivables	14.58	23	31.14	61.81	26.12
Receivables	907.19	669.5	745.97	786.43	617.69
Inventory	674.72	647.54	677.77	513.27	446.07
Other Current Assets	130.52	75.26	93.03	84.27	132.87
Total Current Assets	2,068	1,525	1,736	1,609	1,364
Property, Plant & Equipment	4,905	4,729	4,350	3,296	1,799
Long-Term Investments	36	32.55	28.45	16.5	6
Goodwill	131.74	131.74	131.74	131.74	-
Other Intangible Assets	618.84	578.52	364.66	141.8	124.65
Long-Term Deferred Tax Assets	55.49	42.32	24.63	18.52	12.95
Long-Term Deferred Charges	11.57	15.03	22.22	3.97	16.66
Other Long-Term Assets	126.77	82.18	85.4	136.33	183.13
Total Assets	7,954	7,137	6,744	5,354	3,506
Accounts Payable	597.12	748.76	973.24	763.86	641.21
Accrued Expenses	91.67	73.14	102.38	99.26	87.39
Short-Term Debt	275.57	1,236	944.49	191.41	161.65
Current Portion of Long-Term Debt	114.49	240.74	93.06	1.18	55.1
Current Income Taxes Payable	53.33	19.87	26.56	24.3	41.02
Current Unearned Revenue	87.29	63.67	54.42	61.04	37.48
Other Current Liabilities	422.83	368.75	570.61	599.94	333.87
Total Current Liabilities	1,642	2,751	2,765	1,741	1,358
Long-Term Debt	448.74	1,450	1,276	1,044	60.4
Long-Term Leases	8.87	1.23	0.72	1.78	0.97
Long-Term Unearned Revenue	56.71	35.76	10.07	11.92	10.76
Long-Term Deferred Tax Liabilities	43.45	48.23	49.46	44.03	37.84
Other Long-Term Liabilities	-	0.22	0.94	1.3	-
Total Liabilities	2,200	4,286	4,102	2,844	1,468
Common Stock	510.82	379.12	379.41	270.94	269.75
Additional Paid-In Capital	3,213	725.19	733.42	828.34	787.36
Retained Earnings	1,967	1,522	1,328	1,212	979.39
Treasury Stock	-3.42	-25.78	-50.08	-60.72	-62.3
Comprehensive Income & Other	62.13	247.74	249.9	258.72	62.54
Total Common Equity	5,749	2,849	2,641	2,509	2,037
Minority Interest	4.19	1.89	1.16	0.96	1.43
Shareholders' Equity	5,754	2,851	2,642	2,510	2,038
Total Liabilities & Equity	7,954	7,137	6,744	5,354	3,506
Total Debt	847.67	2,928	2,314	1,238	278.13
Net Cash (Debt)	-492.58	-2,796	-2,095	-1,013	-110.86
Net Cash Per Share	-1.05	-7.45	-5.48	-2.70	-0.34
Filing Date Shares Outstanding	510.63	469.63	380.27	379.12	377.65
Total Common Shares Outstanding	510.63	379.12	379.41	379.32	377.65
Working Capital	425.21	-1,226	-1,029	-132.06	6.18
Book Value Per Share	11.26	7.03	6.96	6.12	5.39
Tangible Book Value	4,999	2,138	2,144	2,236	1,912
Tangible Book Value Per Share	9.79	5.15	5.65	5.40	5.06
Buildings	1,705	1,544	1,371	988.91	685.34
Machinery	3,640	3,016	2,684	1,602	1,096
Construction In Progress	1,228	1,488	1,318	1,490	621

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.