SHA:601956 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	817.42	993.39	1,016	978.98	992.38	1,095
Trading Asset Securities	-	75.09	-	-	-	-
Cash & Short-Term Investments	817.42	1,068	1,016	978.98	992.38	1,095
Cash Growth	-14.55%	5.17%	3.78%	-1.35%	-9.37%	11.23%
Accounts Receivable	2,775	2,289	2,550	2,537	2,358	2,624
Other Receivables	22.81	9.81	7.04	2.27	4.95	2.39
Receivables	2,797	2,299	2,557	2,540	2,363	2,627
Inventory	1,024	910.63	868.51	811.82	683.21	851.64
Other Current Assets	552.13	512.02	443.68	323.73	190.8	183.72
Total Current Assets	5,190	4,790	4,885	4,654	4,229	4,757
Property, Plant & Equipment	1,875	1,843	1,772	1,734	1,682	1,546
Goodwill	185.29	185.29	185.29	185.29	185.29	185.29
Other Intangible Assets	201.89	204.03	174.93	172.38	163.49	168.94
Long-Term Deferred Tax Assets	34.23	32.52	30.61	13.18	9.06	8.49
Long-Term Deferred Charges	0.9	1	0.8	0.54	0.94	1.67
Other Long-Term Assets	2.71	2.75	2.89	12.66	12.83	13
Total Assets	7,490	7,059	7,052	6,772	6,283	6,681
Accounts Payable	3,624	3,268	3,086	2,704	2,373	3,193
Accrued Expenses	13.68	108.45	128.86	183.62	148.85	91.35
Short-Term Debt	413.03	419.95	559.71	616.79	472.75	982.34
Current Portion of Long-Term Debt	12.6	11.02	2	213.45	34.42	34.42
Current Income Taxes Payable	22.81	2.68	1.22	2.07	3.04	3.48
Current Unearned Revenue	29.38	36.23	21.07	30.63	19.68	31.04
Other Current Liabilities	257.55	166.55	184.11	175.42	216.01	148.39
Total Current Liabilities	4,373	4,013	3,983	3,926	3,268	4,484
Long-Term Debt	493.03	371.31	398.27	187.27	237.78	130.76
Long-Term Unearned Revenue	131.69	135.7	146.65	148.19	142.34	142.54
Total Liabilities	4,998	4,520	4,528	4,261	3,648	4,757
Common Stock	621.62	621.62	621.78	622.17	622.37	511.32
Additional Paid-In Capital	1,052	1,052	1,052	1,048	1,088	576.87
Retained Earnings	832.8	849.59	835.77	832.95	706.75	590.28
Treasury Stock	-40.99	-12.23	-9.78	-20.43	-34.24	-
Comprehensive Income & Other	-0.51	-1.13	-2.02	-1.49	-1.01	1.19
Total Common Equity	2,465	2,510	2,497	2,481	2,382	1,680
Minority Interest	27.15	28.94	26.66	29.29	253.7	243.88
Shareholders' Equity	2,492	2,539	2,524	2,511	2,635	1,924
Total Liabilities & Equity	7,490	7,059	7,052	6,772	6,283	6,681
Total Debt	918.67	802.27	959.98	1,018	744.95	1,148
Net Cash (Debt)	-101.25	266.2	55.97	-38.54	247.43	-52.49
Net Cash Growth	-	375.59%	-	-	-	-
Net Cash Per Share	-0.16	0.43	0.09	-0.06	0.45	-0.10
Filing Date Shares Outstanding	615.66	615.66	621.78	622.17	622.37	511.32
Total Common Shares Outstanding	615.66	615.66	621.78	622.17	622.37	511.32
Working Capital	817.3	777.75	902.11	728.14	961.82	272.99
Book Value Per Share	4.00	4.08	4.02	3.99	3.83	3.28
Tangible Book Value	2,078	2,121	2,137	2,124	2,033	1,325
Tangible Book Value Per Share	3.37	3.44	3.44	3.41	3.27	2.59
Buildings	-	1,056	1,022	971.74	870.84	870.2
Machinery	-	2,774	2,687	2,545	2,335	2,162
Construction In Progress	-	211.56	74.79	35.15	168.15	63.27