SHA:600976 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	161.85	113.71	163.17	305.12	219.33	301.66
Short-Term Investments	-	136.51	-	-	-	-
Trading Asset Securities	966.27	954.14	954.19	694.46	641.38	538.63
Cash & Short-Term Investments	1,128	1,204	1,117	999.58	860.71	840.28
Cash Growth	-6.30%	7.79%	11.78%	16.13%	2.43%	45.64%
Accounts Receivable	1,144	1,040	957.56	1,150	868.66	674.6
Other Receivables	46.17	123.8	25.76	31.43	49.64	21.43
Receivables	1,190	1,164	983.33	1,181	918.29	696.03
Inventory	327.84	286.57	354.31	450.85	362.88	222.6
Other Current Assets	148.3	94.89	146.43	134.06	162.85	104.5
Total Current Assets	2,795	2,750	2,601	2,766	2,305	1,863
Property, Plant & Equipment	690.72	698.07	595.59	450.7	417.65	396.65
Long-Term Investments	842.63	722.3	772.18	650.42	444.94	326.85
Goodwill	0.21	0.21	0.21	0.21	0.21	0.21
Other Intangible Assets	26.65	27.53	28.19	28.87	31.16	32.98
Long-Term Deferred Tax Assets	186.85	180.34	129.49	139.44	117.27	118.33
Long-Term Deferred Charges	135.43	136.33	130.78	111.27	91.66	87.64
Other Long-Term Assets	11.26	12.16	19.74	21.14	32.56	30.01
Total Assets	4,688	4,527	4,278	4,168	3,440	2,856
Accounts Payable	655.97	642.52	742.22	782.91	611.06	374.92
Accrued Expenses	32.75	716.3	574.78	724.73	620.32	592.57
Short-Term Debt	20	55.05	140.9	79.45	22.52	45
Current Portion of Leases	6.78	5.62	6.39	5.12	7.34	6.1
Current Income Taxes Payable	135.1	104.05	52.74	66.23	49.68	71.75
Current Unearned Revenue	26.45	36.19	61.43	41.19	82.52	37.04
Other Current Liabilities	930.45	176.11	166.66	157.31	140.25	191.85
Total Current Liabilities	1,807	1,736	1,745	1,857	1,534	1,319
Long-Term Debt	34.3	34.03	4	-	-	-
Long-Term Leases	34.45	31.03	24.43	30.29	23.48	20.37
Long-Term Unearned Revenue	42.14	44.41	46.55	18.61	12.18	27.72
Long-Term Deferred Tax Liabilities	4.8	4.8	7.2	5.62	5.97	0.84
Total Liabilities	1,923	1,850	1,827	1,911	1,575	1,368
Common Stock	153.4	153.4	153.4	153.4	153.4	153.4
Additional Paid-In Capital	522.73	522.73	523.42	520.68	509.17	421.5
Retained Earnings	2,068	1,980	1,758	1,580	1,212	931.06
Treasury Stock	-	-	-	-6.76	-14.99	-25.08
Total Common Equity	2,744	2,656	2,435	2,248	1,860	1,481
Minority Interest	20.98	20.4	15.03	8.78	4.99	7.04
Shareholders' Equity	2,765	2,677	2,450	2,256	1,865	1,488
Total Liabilities & Equity	4,688	4,527	4,278	4,168	3,440	2,856
Total Debt	95.53	125.73	175.71	114.86	53.34	71.48
Net Cash (Debt)	1,033	1,079	941.65	884.72	807.37	768.81
Net Cash Growth	-1.69%	14.55%	6.44%	9.58%	5.02%	38.07%
Net Cash Per Share	6.73	7.10	6.19	5.79	5.30	5.06
Filing Date Shares Outstanding	153.4	153.4	153.4	153.82	152.78	151.97
Total Common Shares Outstanding	153.4	153.4	153.4	153.82	152.78	151.97
Working Capital	987.05	1,014	856.33	908.95	771.06	544.18
Book Value Per Share	17.89	17.32	15.88	14.61	12.17	9.74
Tangible Book Value	2,717	2,629	2,407	2,219	1,829	1,448
Tangible Book Value Per Share	17.71	17.14	15.69	14.42	11.97	9.53
Buildings	-	409.52	287.12	284.12	289.38	298.05
Machinery	-	485.88	314.22	312.36	301.9	251.25
Construction In Progress	-	40.17	206.68	41.48	17.19	16.73

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