SHA:601568 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	4,748	4,841	4,564	4,632	7,027	6,605
Trading Asset Securities	-	-	-	-	0.47	-
Cash & Short-Term Investments	4,748	4,841	4,564	4,632	7,028	6,605
Cash Growth	20.79%	6.07%	-1.48%	-34.09%	6.41%	46.69%
Accounts Receivable	295.12	350.09	425.68	1,144	1,180	1,900
Other Receivables	11.93	11.39	29.01	15.33	11.7	14.75
Receivables	307.04	361.48	454.68	1,160	1,192	1,914
Inventory	565.91	328.34	325.01	486.13	762.9	566.33
Prepaid Expenses	-	-	18.11	33.57	11.83	0.41
Other Current Assets	86.04	99.43	68.32	146.52	184.9	124.42
Total Current Assets	5,707	5,630	5,430	6,458	9,179	9,210
Property, Plant & Equipment	7,648	7,835	8,306	7,503	7,099	7,196
Other Intangible Assets	237.22	231.87	214.52	201.1	195.03	210.05
Long-Term Accounts Receivable	-	-	63.29	84.12	-	-
Long-Term Deferred Tax Assets	66.96	68.11	60.19	126.57	130.52	50.42
Long-Term Deferred Charges	1.58	3.17	4.38	40	29.39	-
Other Long-Term Assets	432.97	437.26	442.73	376.81	104.94	126.22
Total Assets	14,094	14,205	14,521	14,790	16,738	16,793
Accounts Payable	1,852	1,914	1,916	2,014	2,148	2,383
Accrued Expenses	166.29	249.32	274.98	273.4	308.87	273.52
Short-Term Debt	-	-	58.64	110.41	-	-
Current Portion of Long-Term Debt	3.17	3.17	-	-	-	-
Current Portion of Leases	-	-	19.49	39.8	0.35	0.68
Current Income Taxes Payable	43.72	44.08	3.7	0.17	13.18	51.27
Current Unearned Revenue	164.86	153.69	177.05	155.78	254.19	236.27
Other Current Liabilities	281.67	273.9	222.65	214.02	241.47	278.65
Total Current Liabilities	2,512	2,639	2,672	2,808	2,967	3,223
Long-Term Leases	0.05	0.05	22.45	20.57	-	0.35
Long-Term Unearned Revenue	84.09	87.87	80.91	59.38	41.47	26.46
Long-Term Deferred Tax Liabilities	119.19	121.48	106	97.85	74.14	68.74
Other Long-Term Liabilities	3.23	4.29	3.2	2.33	1.46	2.83
Total Liabilities	2,718	2,852	2,885	2,988	3,084	3,322
Common Stock	3,972	3,972	3,972	3,972	3,972	3,611
Additional Paid-In Capital	3,825	3,825	3,825	3,825	3,825	4,186
Retained Earnings	3,571	3,550	3,839	4,005	5,857	5,674
Comprehensive Income & Other	8.2	5.85	-	-	-	-
Shareholders' Equity	11,376	11,353	11,636	11,802	13,654	13,471
Total Liabilities & Equity	14,094	14,205	14,521	14,790	16,738	16,793
Total Debt	3.22	3.22	100.58	170.78	0.35	1.03
Net Cash (Debt)	4,745	4,838	4,463	4,462	7,028	6,604
Net Cash Growth	23.56%	8.39%	0.04%	-36.51%	6.42%	57.15%
Net Cash Per Share	1.34	1.34	1.16	1.08	1.75	1.65
Filing Date Shares Outstanding	4,097	1,615	3,972	4,827	3,972	3,972
Total Common Shares Outstanding	4,097	1,615	3,972	4,827	3,972	3,972
Working Capital	3,195	2,991	2,758	3,651	6,213	5,987
Book Value Per Share	2.78	7.03	2.93	2.44	3.44	3.39
Tangible Book Value	11,139	11,121	11,421	11,601	13,459	13,261
Tangible Book Value Per Share	2.72	6.88	2.88	2.40	3.39	3.34
Buildings	-	-	5,513	5,476	5,331	5,326
Machinery	-	-	7,821	7,549	7,245	7,035
Construction In Progress	-	-	2,180	1,046	487.08	149.25

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