SHA:600303 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	121.22	60.9	139.17	115.51	111.55	386.47
Cash & Short-Term Investments	121.22	60.9	139.17	115.51	111.55	386.47
Cash Growth	16.01%	-56.24%	20.49%	3.54%	-71.14%	-56.69%
Accounts Receivable	369.34	570.23	681.86	847.58	697.88	512.56
Other Receivables	6.69	8.18	14.94	23.66	69.25	185.96
Receivables	376.03	578.41	696.81	871.24	767.13	698.52
Inventory	677.41	609.88	254.3	278.31	313.26	462.05
Other Current Assets	131.45	64.07	59.77	69.44	76.36	121.7
Total Current Assets	1,306	1,313	1,150	1,334	1,268	1,669
Property, Plant & Equipment	1,391	1,417	1,676	1,691	1,818	1,912
Long-Term Investments	2	2	2.84	2	2	2
Other Intangible Assets	381.68	384.65	521.15	537.32	553.26	570.65
Long-Term Accounts Receivable	-	59.24	126.94	198.94	291.18	22.81
Long-Term Deferred Tax Assets	23.35	23.8	25.53	13.3	10.09	12.22
Long-Term Deferred Charges	3.43	3.02	4.26	3.87	3.08	3.82
Other Long-Term Assets	67.93	23.95	30.94	21.31	79.89	79.32
Total Assets	3,175	3,227	3,537	3,803	4,026	4,272
Accounts Payable	770.67	615.85	755.54	693.88	710.39	761.22
Accrued Expenses	87.2	121.27	114.42	90.96	93.5	75.15
Short-Term Debt	350.32	275.98	169.2	335.31	145.16	192.84
Current Portion of Long-Term Debt	372.45	390.32	51.71	102.28	151.16	60.66
Current Portion of Leases	-	8.39	-	2.17	1.94	2.18
Current Income Taxes Payable	8.54	1.72	0.91	0.25	1.6	2.17
Current Unearned Revenue	47.75	33.05	22.75	29.48	29.19	25.11
Other Current Liabilities	215.07	417.6	349.89	449.23	381.64	271.05
Total Current Liabilities	1,852	1,864	1,464	1,704	1,515	1,390
Long-Term Debt	40.55	40.45	408.54	155.65	115.31	119.18
Long-Term Leases	55.27	52.61	48.88	0.91	3	6.5
Long-Term Unearned Revenue	124.95	128.17	154.18	155.72	168.69	182.71
Long-Term Deferred Tax Liabilities	12.23	12.37	11.06	1.13	2.92	2.32
Other Long-Term Liabilities	123.42	102.92	73.71	43.86	-	-
Total Liabilities	2,208	2,201	2,161	2,061	1,805	1,701
Common Stock	683.6	683.6	683.6	675.6	675.6	675.6
Additional Paid-In Capital	1,120	1,118	1,113	1,110	1,110	1,110
Retained Earnings	-863.5	-791.09	-445.13	-104.31	365.63	699.85
Treasury Stock	-9.76	-9.76	-9.76	-	-	-
Comprehensive Income & Other	12.17	-	-	-	-	-
Total Common Equity	942.21	1,001	1,341	1,682	2,152	2,486
Minority Interest	24.54	25.59	35.11	60.16	70.02	84.93
Shareholders' Equity	966.75	1,027	1,376	1,742	2,222	2,571
Total Liabilities & Equity	3,175	3,227	3,537	3,803	4,026	4,272
Total Debt	818.58	767.76	678.33	596.32	416.57	381.37
Net Cash (Debt)	-697.36	-706.86	-539.16	-480.81	-305.02	5.1
Net Cash Growth	-	-	-	-	-	-98.97%
Net Cash Per Share	-1.01	-1.03	-0.79	-0.72	-0.45	0.01
Filing Date Shares Outstanding	669.26	683.6	693.25	675.6	675.6	675.6
Total Common Shares Outstanding	669.26	683.6	693.25	675.6	675.6	675.6
Working Capital	-545.9	-550.95	-314.38	-369.06	-246.28	278.35
Book Value Per Share	1.41	1.46	1.93	2.49	3.18	3.68
Tangible Book Value	560.53	616.38	820.16	1,144	1,598	1,915
Tangible Book Value Per Share	0.84	0.90	1.18	1.69	2.37	2.83
Buildings	-	1,145	1,146	1,145	1,163	1,170
Machinery	-	2,080	2,086	2,074	2,121	2,107
Construction In Progress	-	107.34	284.9	287.2	278.42	264.4

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