SHA:601515 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	2,035	2,166	1,982	2,277	1,921	2,396
Trading Asset Securities	6.34	9.51	22.86	-	-	-
Cash & Short-Term Investments	2,041	2,175	2,005	2,277	1,921	2,396
Cash Growth	-9.80%	8.47%	-11.95%	18.52%	-19.81%	109.96%
Accounts Receivable	654.41	597.67	599.72	720.24	965.73	889.87
Other Receivables	13.1	13.25	107.59	236.41	108.4	75.84
Receivables	667.51	610.91	707.31	956.66	1,074	965.7
Inventory	317.69	268.59	300.12	333.7	757.13	866.55
Prepaid Expenses	-	-	0.05	0.86	-	-
Other Current Assets	130.47	120.05	112.49	90.53	88.95	44
Total Current Assets	3,157	3,175	3,125	3,659	3,842	4,272
Property, Plant & Equipment	1,720	1,739	1,754	1,476	1,667	1,434
Long-Term Investments	603.9	610.97	1,025	1,273	1,439	1,459
Goodwill	84.61	84.61	242.43	382.87	456.52	360.85
Other Intangible Assets	211.45	214.43	278.13	313.94	461	456.4
Long-Term Deferred Tax Assets	124.83	123.74	130.5	181.48	53.66	17.03
Long-Term Deferred Charges	85.63	89.47	101.47	43.72	48.09	5.44
Other Long-Term Assets	120.59	116.39	91.81	77.49	195.96	33.97
Total Assets	6,108	6,154	6,749	7,407	8,163	8,038
Accounts Payable	497.57	483.17	326.58	415.77	1,172	1,033
Accrued Expenses	22.36	35	38.93	48.86	141.39	108.32
Short-Term Debt	138.87	116.03	85.02	61.06	46.77	28.84
Current Portion of Long-Term Debt	19.25	71.16	191.4	0.1	30.14	-
Current Portion of Leases	-	-	8.42	5.33	10.22	5.93
Current Income Taxes Payable	34.55	29.76	7.41	4.53	19.64	13.31
Current Unearned Revenue	8.8	4.82	4.73	3.9	7.6	18.89
Other Current Liabilities	42.06	40.09	207.46	185.65	75.68	113.24
Total Current Liabilities	763.46	780.05	869.95	725.19	1,503	1,322
Long-Term Debt	137.36	145.44	156.57	276.27	277.05	296.72
Long-Term Leases	38.75	38.15	62.53	62.97	62.92	13
Long-Term Unearned Revenue	168.09	159.28	94.48	77.33	41.04	9.61
Long-Term Deferred Tax Liabilities	143.75	143.39	190.9	206.83	275.81	187.84
Total Liabilities	1,251	1,266	1,374	1,349	2,160	1,829
Common Stock	1,924	1,924	1,874	1,843	1,843	1,536
Additional Paid-In Capital	839.34	842.73	739.41	674.15	686.65	998.87
Retained Earnings	2,156	2,166	2,613	3,148	2,998	3,399
Comprehensive Income & Other	-9.7	-9.8	12.54	46.13	44	42.64
Total Common Equity	4,900	4,924	5,239	5,711	5,571	5,977
Minority Interest	-43.08	-36.36	135.6	347.18	431.75	232.76
Shareholders' Equity	4,857	4,887	5,375	6,059	6,003	6,209
Total Liabilities & Equity	6,108	6,154	6,749	7,407	8,163	8,038
Total Debt	334.24	370.79	503.94	405.72	427.1	344.49
Net Cash (Debt)	1,707	1,804	1,501	1,871	1,494	2,052
Net Cash Growth	-0.04%	20.18%	-19.78%	25.25%	-27.17%	180.67%
Net Cash Per Share	0.91	0.97	0.83	0.99	0.88	1.22
Filing Date Shares Outstanding	1,058	1,711	1,874	1,843	1,843	1,843
Total Common Shares Outstanding	1,058	1,711	1,874	1,843	1,843	1,843
Working Capital	2,393	2,395	2,255	2,934	2,338	2,951
Book Value Per Share	4.63	2.88	2.79	3.10	3.02	3.24
Tangible Book Value	4,604	4,625	4,718	5,015	4,654	5,159
Tangible Book Value Per Share	4.35	2.70	2.52	2.72	2.53	2.80
Buildings	-	-	809.34	681.68	975.35	1,074
Machinery	-	-	1,305	1,149	2,185	1,798
Construction In Progress	-	-	427.68	389.26	49	66.82

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