SHA:600285 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	452.89	382.84	1,228	1,499	1,179	801.24
Short-Term Investments	-	-	283.01	95.63	125.34	140.77
Trading Asset Securities	290.87	160.35	-	0.21	150.42	280.19
Cash & Short-Term Investments	743.76	543.2	1,511	1,595	1,455	1,222
Cash Growth	-13.77%	-64.06%	-5.23%	9.60%	19.05%	47.32%
Accounts Receivable	906.7	713.34	488.95	498.99	511.97	431.18
Other Receivables	10.82	7.1	6.29	19.35	21.37	9.58
Receivables	917.52	720.44	495.23	518.34	533.34	440.77
Inventory	392.61	436.64	434.97	467.35	486.41	428.39
Other Current Assets	512.57	579.62	16.45	18.51	33.58	39.87
Total Current Assets	2,566	2,280	2,458	2,599	2,508	2,131
Property, Plant & Equipment	668.78	682.62	631.2	647.81	706.76	732.92
Long-Term Investments	298.65	298.59	1,437	1,069	676.63	364.7
Goodwill	482.02	482.02	-	-	-	-
Other Intangible Assets	324.72	330.14	203.75	202.5	203.65	236.95
Long-Term Deferred Tax Assets	217.7	198.35	199.59	186.92	159.2	116.49
Long-Term Deferred Charges	17.34	18.54	12.34	36.73	51.54	65.53
Other Long-Term Assets	1,390	1,345	74.45	29.98	38.45	145.25
Total Assets	5,966	5,636	5,017	4,772	4,345	3,793
Accounts Payable	102.58	97.27	85.13	57.38	68.02	78.01
Accrued Expenses	159.86	159.84	1,176	1,110	917.79	600.38
Short-Term Debt	274.63	391.65	90.47	199.94	151.15	272.34
Current Portion of Long-Term Debt	1.81	2.59	-	-	-	-
Current Portion of Leases	-	-	1.78	1.08	1.22	1.65
Current Income Taxes Payable	135.33	72.61	56.28	70.72	55.54	46.9
Current Unearned Revenue	71.88	83.64	114.28	114.48	153.75	79.09
Other Current Liabilities	1,445	1,308	350.24	346.95	364.47	359.28
Total Current Liabilities	2,191	2,116	1,874	1,900	1,712	1,438
Long-Term Leases	4.56	4.27	6.55	6.96	6.2	7.9
Long-Term Unearned Revenue	36.94	31	33.4	39.78	38.55	42.78
Long-Term Deferred Tax Liabilities	47.64	48.74	22.27	26.32	29.56	18.18
Total Liabilities	2,280	2,200	1,937	1,973	1,786	1,507
Common Stock	567.12	567.12	567.12	567.14	567.46	567.76
Additional Paid-In Capital	369.24	367.2	340.61	326.23	309.82	272.02
Retained Earnings	2,685	2,438	2,181	1,894	1,664	1,481
Treasury Stock	-12.58	-12.58	-13.7	-47.4	-67.62	-98.19
Comprehensive Income & Other	40.32	40.41	-2.02	51	76.74	56.08
Total Common Equity	3,649	3,401	3,073	2,791	2,551	2,279
Minority Interest	36.45	35.33	7.77	7.66	7.55	7.59
Shareholders' Equity	3,685	3,436	3,080	2,799	2,558	2,287
Total Liabilities & Equity	5,966	5,636	5,017	4,772	4,345	3,793
Total Debt	281	398.51	98.8	207.99	158.57	281.89
Net Cash (Debt)	462.76	144.68	1,413	1,387	1,296	940.31
Net Cash Growth	-40.18%	-89.76%	1.86%	6.96%	37.88%	41.69%
Net Cash Per Share	0.82	0.25	2.50	2.45	2.28	1.66
Filing Date Shares Outstanding	566.28	566.13	564.42	563.94	569.61	564.55
Total Common Shares Outstanding	566.28	566.13	564.42	563.94	569.61	564.55
Working Capital	375.24	164.31	583.7	698.77	796.44	693.59
Book Value Per Share	6.44	6.01	5.44	4.95	4.48	4.04
Tangible Book Value	2,842	2,588	2,869	2,589	2,347	2,042
Tangible Book Value Per Share	5.02	4.57	5.08	4.59	4.12	3.62
Buildings	-	-	588.03	593.96	595.01	582.83
Machinery	-	-	591.9	581.63	581.92	534.7
Construction In Progress	-	-	34.2	2.88	1.92	24.78

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