SHA:600302 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	87.67	102.16	90.58	163.74	162.09	457.49
Short-Term Investments	-	-	-	-	54.11	-
Trading Asset Securities	110.25	160.42	200.76	110.45	120.15	150.31
Cash & Short-Term Investments	197.92	262.58	291.34	274.19	336.35	607.81
Cash Growth	-25.13%	-9.87%	6.25%	-18.48%	-44.66%	32.28%
Accounts Receivable	222.09	201.59	313.1	351.88	492.86	681.62
Other Receivables	35.93	36.03	72.47	101.34	65.29	63.35
Receivables	258.02	237.62	385.57	453.22	558.15	744.98
Inventory	162.22	164.6	243.07	336.93	356.44	388.54
Other Current Assets	55.46	55.91	20.56	41.99	61.19	92.36
Total Current Assets	673.62	720.71	940.54	1,106	1,312	1,834
Property, Plant & Equipment	93.8	96.99	104.12	114.96	122.49	137.09
Long-Term Investments	0.91	0.98	1.48	1.58	1.51	54.12
Other Intangible Assets	6.91	7.84	8.74	24.13	29.54	34.92
Long-Term Deferred Tax Assets	0.1	0.11	2.33	3.92	9.49	14.51
Long-Term Deferred Charges	0.06	0.08	0.13	0.02	7.56	5.1
Other Long-Term Assets	59.74	60.2	57.42	59.66	61.32	62.39
Total Assets	835.14	886.9	1,115	1,311	1,544	2,142
Accounts Payable	164.53	169.92	231.75	226.88	206.32	347.19
Accrued Expenses	13.39	38.42	41.41	51.37	50.52	57.3
Short-Term Debt	28.02	37.02	29.03	8.81	47.85	370.44
Current Portion of Long-Term Debt	1.98	14.7	1.02	1.05	0.97	0.92
Current Portion of Leases	-	-	1.66	1.4	0.58	0.74
Current Income Taxes Payable	23.89	24.02	4.69	9.53	6.17	6.32
Current Unearned Revenue	17.46	17.72	17.02	53.25	57.11	73.33
Other Current Liabilities	67.25	63.23	70.48	80.25	77.28	74.29
Total Current Liabilities	316.53	365.03	397.04	432.53	446.79	930.54
Long-Term Debt	11.79	-	12.5	14.11	14.32	14.86
Long-Term Leases	0.04	0.05	1.53	2.2	1.5	2.08
Long-Term Unearned Revenue	0.26	0.32	0.54	1	3.05	3.75
Long-Term Deferred Tax Liabilities	0.08	0.1	0.42	0.56	0.27	0.36
Other Long-Term Liabilities	10.4	10.49	10.91	11.4	7.55	-
Total Liabilities	339.1	375.98	422.94	461.8	473.48	951.59
Common Stock	346.01	346.01	346.01	346.01	346.01	346.01
Additional Paid-In Capital	356.59	356.59	356.59	356.94	356.94	347.44
Retained Earnings	-219.47	-198.85	-54.97	98.4	294.47	407.99
Comprehensive Income & Other	1.49	-5.73	5.22	-2.81	3.93	3.32
Total Common Equity	484.62	498.02	652.84	798.54	1,001	1,105
Minority Interest	11.42	12.91	38.97	50.27	69.21	85.46
Shareholders' Equity	496.04	510.93	691.81	848.81	1,071	1,190
Total Liabilities & Equity	835.14	886.9	1,115	1,311	1,544	2,142
Total Debt	41.83	51.77	45.73	27.56	65.21	389.04
Net Cash (Debt)	156.09	210.81	245.61	246.63	271.15	218.76
Net Cash Growth	-28.37%	-14.17%	-0.41%	-9.04%	23.95%	25.58%
Net Cash Per Share	0.45	0.61	0.71	0.71	0.79	0.62
Filing Date Shares Outstanding	345.99	346	346.01	346.01	346.01	346.01
Total Common Shares Outstanding	345.99	346	346.01	346.01	346.01	346.01
Working Capital	357.09	355.68	543.49	673.8	865.34	903.15
Book Value Per Share	1.40	1.44	1.89	2.31	2.89	3.19
Tangible Book Value	477.71	490.18	644.1	774.41	971.82	1,070
Tangible Book Value Per Share	1.38	1.42	1.86	2.24	2.81	3.09
Buildings	-	-	186.43	187.67	186.16	184.67
Machinery	-	-	294.1	293.03	292.02	296.28
Construction In Progress	-	-	-	-	0.13	-

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