SHA:600353 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	301.57	322.91	294.89	220.14	433.35	197.98
Trading Asset Securities	20	70	-	122	133	0
Cash & Short-Term Investments	321.57	392.91	294.89	342.14	566.35	197.98
Cash Growth	51.53%	33.24%	-13.81%	-39.59%	186.06%	-32.40%
Accounts Receivable	1,357	1,339	1,365	1,214	946.09	796.58
Other Receivables	18.33	13.24	13.36	6.67	7.91	7.59
Receivables	1,375	1,353	1,378	1,220	953.99	824.17
Inventory	563.14	482.82	426.79	373.15	308.69	220.29
Other Current Assets	52.95	36.25	31.55	35.64	43.31	19.04
Total Current Assets	2,313	2,265	2,131	1,971	1,872	1,261
Property, Plant & Equipment	928.77	943.51	751.04	613.28	539.42	306.42
Long-Term Investments	16.19	16.15	108.06	125.35	135.3	129.53
Goodwill	85.69	85.69	85.69	85.69	85.69	57.45
Other Intangible Assets	71.81	73.22	76.45	54.4	51.78	41.77
Long-Term Deferred Tax Assets	59.03	57.33	36.02	27.5	21.32	20.38
Long-Term Deferred Charges	45.29	41.62	29.19	41.59	15.08	5.24
Other Long-Term Assets	34.01	22.48	19.61	78.56	30.7	25.54
Total Assets	3,554	3,505	3,237	2,998	2,752	1,848
Accounts Payable	596.06	494.69	423.18	391.24	336.19	255.09
Accrued Expenses	40.73	86.27	86.51	83.37	83.88	67.55
Short-Term Debt	216.4	215.43	158.95	116.13	77.45	32.57
Current Portion of Long-Term Debt	49.69	43.09	29.2	11	6.4	4.2
Current Portion of Leases	-	3.39	1.73	3.44	3.21	1.59
Current Income Taxes Payable	34.62	22.12	23.97	28.96	11.57	12.25
Current Unearned Revenue	16.33	16.84	27.39	33.35	15.14	8.63
Other Current Liabilities	142.69	216.45	279.7	214.06	257.16	71.01
Total Current Liabilities	1,097	1,098	1,031	881.56	791.01	452.89
Long-Term Debt	267.95	239.94	162.32	161.07	152.54	-
Long-Term Leases	8.21	11.06	7.32	9.5	11.75	2.87
Long-Term Unearned Revenue	105.08	106.18	98.41	74.07	20.49	18.02
Long-Term Deferred Tax Liabilities	38.88	39.99	22.36	16.5	18.68	11
Other Long-Term Liabilities	2.99	0.75	0.75	0.75	0.75	0.75
Total Liabilities	1,520	1,496	1,322	1,143	995.21	485.53
Common Stock	829.98	829.98	831.14	832.79	592.01	543.72
Additional Paid-In Capital	146.56	142.04	179.2	182.86	408.81	99.14
Retained Earnings	962.9	929.52	817.75	748.52	655.83	555.71
Treasury Stock	-5.69	-5.69	-11.28	-19.27	-	-
Total Common Equity	1,934	1,896	1,817	1,745	1,657	1,199
Minority Interest	100.29	112.51	98.64	109.35	99.78	163.71
Shareholders' Equity	2,034	2,008	1,915	1,854	1,756	1,362
Total Liabilities & Equity	3,554	3,505	3,237	2,998	2,752	1,848
Total Debt	542.26	512.91	359.53	301.15	251.35	41.22
Net Cash (Debt)	-220.69	-120	-64.63	40.99	315	156.76
Net Cash Growth	-	-	-	-86.99%	100.94%	-43.54%
Net Cash Per Share	-0.27	-0.14	-0.08	0.06	0.40	0.21
Filing Date Shares Outstanding	830.14	829.98	831.14	832.79	828.81	761.21
Total Common Shares Outstanding	830.14	829.98	831.14	832.79	828.81	761.21
Working Capital	1,216	1,166	1,101	1,090	1,081	808.59
Book Value Per Share	2.33	2.28	2.19	2.10	2.00	1.57
Tangible Book Value	1,776	1,737	1,655	1,605	1,519	1,099
Tangible Book Value Per Share	2.14	2.09	1.99	1.93	1.83	1.44
Buildings	-	365.12	314.47	279.08	216.56	210.34
Machinery	-	789.86	585.77	486.55	387.97	322.82
Construction In Progress	-	165.14	175.83	131.46	185.06	3.67

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