SHA:601089 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	595.93	634.36	794.07	2,531	2,541	434.69
Trading Asset Securities	1,543	1,429	1,579	-	-	100
Cash & Short-Term Investments	2,139	2,063	2,373	2,531	2,541	534.69
Cash Growth	-4.72%	-13.06%	-6.23%	-0.41%	375.27%	66.97%
Accounts Receivable	458.03	522.56	452.08	346.13	396.47	337.99
Other Receivables	1.63	1.42	1.2	100.23	74.77	57.66
Receivables	459.66	523.98	453.28	446.37	471.24	395.65
Inventory	425.01	412.66	347.56	307.42	339.1	324
Other Current Assets	54.14	52.7	27.26	44.14	20.79	25.08
Total Current Assets	3,078	3,053	3,201	3,329	3,372	1,279
Property, Plant & Equipment	1,695	1,690	1,426	983.41	779.77	721.73
Other Intangible Assets	136.73	139.79	139.21	150.2	142.61	144.24
Long-Term Deferred Tax Assets	4.66	4.39	3.31	2.81	4.72	4.39
Long-Term Deferred Charges	10.72	13	21.82	22.92	17.65	0.33
Other Long-Term Assets	10.07	24.37	25.34	59.71	4.86	3.08
Total Assets	4,935	4,924	4,817	4,548	4,322	2,153
Accounts Payable	250.95	258.49	286.76	132.18	143.51	129.77
Accrued Expenses	94.68	643.22	676.84	607.02	598.17	472.26
Short-Term Debt	-	-	40.03	55.05	40.05	70.09
Current Portion of Long-Term Debt	14.41	-	-	4.95	4.95	7.01
Current Portion of Leases	-	16.76	14.33	19.66	16.26	10.56
Current Income Taxes Payable	37.88	10.85	25.83	19.29	39.65	17.34
Current Unearned Revenue	49.65	23.88	36.59	39.74	80.96	42.82
Other Current Liabilities	519.05	98.1	109.55	120.48	129.46	116.64
Total Current Liabilities	966.62	1,051	1,190	998.38	1,053	866.48
Long-Term Debt	-	-	-	12.37	17.33	7.28
Long-Term Leases	5.58	9	20.79	32.26	44.33	43.06
Long-Term Unearned Revenue	50.14	49.06	34.49	10.02	9.5	4.14
Long-Term Deferred Tax Liabilities	23.54	21.79	15.33	18.22	18.85	16.9
Total Liabilities	1,046	1,131	1,261	1,071	1,143	937.86
Common Stock	480	480	480	480	480	360
Additional Paid-In Capital	1,662	1,662	1,662	1,662	1,662	146.47
Retained Earnings	1,898	1,803	1,567	1,314	1,017	686.08
Treasury Stock	-176.19	-176.19	-176.19	-	-	-
Comprehensive Income & Other	10.36	10.39	10.98	12.34	15.1	18.94
Total Common Equity	3,875	3,779	3,545	3,468	3,174	1,211
Minority Interest	14.21	13.42	11.53	8.12	4.55	3.83
Shareholders' Equity	3,889	3,793	3,556	3,477	3,179	1,215
Total Liabilities & Equity	4,935	4,924	4,817	4,548	4,322	2,153
Total Debt	20	25.76	75.16	124.3	122.92	137.99
Net Cash (Debt)	2,119	2,037	2,298	2,407	2,418	396.7
Net Cash Growth	-3.87%	-11.34%	-4.51%	-0.49%	509.62%	67.76%
Net Cash Per Share	4.53	4.34	4.89	5.02	5.73	1.10
Filing Date Shares Outstanding	477.06	468	468	480	480	360
Total Common Shares Outstanding	477.06	468	468	480	480	360
Working Capital	2,111	2,001	2,011	2,330	2,319	412.94
Book Value Per Share	8.12	8.08	7.57	7.23	6.61	3.37
Tangible Book Value	3,738	3,640	3,405	3,318	3,032	1,067
Tangible Book Value Per Share	7.84	7.78	7.28	6.91	6.32	2.96
Buildings	-	1,288	523.07	520.3	506.03	443.93
Machinery	-	911.52	609.64	558.75	511.19	416.4
Construction In Progress	-	19.27	719.15	255.66	46.72	100.06

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.