SHA:605077 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	1,159	434.21	2,128	1,040	1,244
Short-Term Investments	-	583.66	461.79	387.5	-
Trading Asset Securities	200	0.03	0.18	0.22	70.05
Cash & Short-Term Investments	1,359	1,018	2,590	1,428	1,314
Cash Growth	33.49%	-60.70%	81.38%	8.72%	427.99%
Accounts Receivable	694.07	769.01	500.31	392.94	242.55
Other Receivables	15.27	26.7	6.05	8.14	14.58
Receivables	709.34	795.71	506.37	401.08	257.13
Inventory	768.73	697.39	282.04	279.06	199.74
Other Current Assets	579.56	64.21	36.16	29.87	32.23
Total Current Assets	3,416	2,575	3,415	2,138	1,803
Property, Plant & Equipment	3,801	3,588	1,844	1,355	991.3
Long-Term Investments	73.7	93.49	94.42	122.53	58.56
Goodwill	346.16	346.16	346.16	26.11	26.11
Other Intangible Assets	297.78	305.87	282.65	242.46	90.06
Long-Term Deferred Tax Assets	35.78	23.53	8.13	3.95	7.37
Long-Term Deferred Charges	33.03	35.13	17.29	11.14	12.54
Other Long-Term Assets	36.33	24.89	169.79	5.62	15.4
Total Assets	8,040	6,992	6,178	3,905	3,004
Accounts Payable	1,199	443.34	208.42	169.9	228.07
Accrued Expenses	53.47	122.64	88.55	71.24	41.37
Short-Term Debt	704.11	150.3	247.12	260.24	119.82
Current Portion of Long-Term Debt	310.2	226.64	171.65	39.74	-
Current Portion of Leases	-	0.95	0.56	1.24	-
Current Income Taxes Payable	38.29	37.1	32.34	-	-
Current Unearned Revenue	28.82	15.01	19.95	12.05	8.58
Other Current Liabilities	100.14	677.18	253.16	215.12	57.88
Total Current Liabilities	2,434	1,673	1,022	769.53	455.72
Long-Term Debt	2,110	1,859	1,868	345.46	20.02
Long-Term Leases	7.06	3.2	0.02	0.51	1.46
Long-Term Unearned Revenue	160.08	118.28	94.21	51.37	38.4
Long-Term Deferred Tax Liabilities	74.14	82.62	92.19	74.37	53.95
Other Long-Term Liabilities	-	-	-	8	-
Total Liabilities	4,785	3,737	3,077	1,249	569.56
Common Stock	303.05	305.88	234.61	228.46	163.18
Additional Paid-In Capital	1,427	1,441	1,479	1,405	1,470
Retained Earnings	1,351	1,363	1,257	1,023	801.28
Treasury Stock	-36.1	-61.99	-77.37	-	-
Comprehensive Income & Other	196.07	196.13	196.23	-0.01	-0.02
Total Common Equity	3,240	3,243	3,089	2,656	2,434
Minority Interest	14.3	11.89	11.59	-	-
Shareholders' Equity	3,255	3,255	3,101	2,656	2,434
Total Liabilities & Equity	8,040	6,992	6,178	3,905	3,004
Total Debt	3,131	2,241	2,288	647.18	141.3
Net Cash (Debt)	-1,773	-1,223	302.51	780.96	1,172
Net Cash Growth	-	-	-61.26%	-33.38%	1135.67%
Net Cash Per Share	-5.84	-3.23	1.02	2.63	4.08
Filing Date Shares Outstanding	327.72	299.43	296.99	296.99	296.99
Total Common Shares Outstanding	327.72	299.43	296.99	296.99	296.99
Working Capital	982.54	902.05	2,393	1,369	1,347
Book Value Per Share	9.89	10.18	9.74	8.94	8.20
Tangible Book Value	2,597	2,591	2,461	2,387	2,318
Tangible Book Value Per Share	7.92	8.00	7.62	8.04	7.81
Buildings	-	1,014	576.89	429.74	336.07
Machinery	-	2,262	1,803	1,429	960.55
Construction In Progress	-	1,330	290.58	110.27	230.98

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