SHA:603002 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	1,230	1,282	1,386	2,037	921.45	1,161
Short-Term Investments	-	-	170	190	-	20
Trading Asset Securities	90	-	-	140.25	100.1	100.06
Cash & Short-Term Investments	1,320	1,282	1,556	2,367	1,022	1,282
Cash Growth	-3.58%	-17.62%	-34.27%	131.69%	-20.29%	16.57%
Accounts Receivable	1,592	1,395	907.01	1,025	1,227	1,945
Other Receivables	1.74	1.63	0.02	0.04	80.43	1.25
Receivables	1,594	1,396	907.03	1,025	1,308	1,946
Inventory	432.84	338.08	125.16	112.96	145.93	247.22
Other Current Assets	338.11	167.84	52.59	44.87	27.84	138.42
Total Current Assets	3,685	3,184	2,641	3,550	2,503	3,613
Property, Plant & Equipment	2,197	2,222	1,571	960.26	816	764.51
Long-Term Investments	-	-	200	70	150	60
Other Intangible Assets	115.48	116.78	118.13	115.32	118.91	37.39
Long-Term Deferred Tax Assets	14.2	10.99	5.29	3.09	1.72	65.48
Long-Term Deferred Charges	-	-	0.91	1.27	1.96	0.74
Other Long-Term Assets	31.19	167.27	69.73	17.18	6.66	14.16
Total Assets	6,043	5,701	4,605	4,717	3,598	4,556
Accounts Payable	1,417	1,137	649.91	743.59	796.69	1,638
Accrued Expenses	15.34	25.3	43.43	46.82	57.84	82.13
Short-Term Debt	117.38	92.81	7.1	216.2	120.22	102.69
Current Portion of Long-Term Debt	42.16	46.73	0.25	0.05	-	1.9
Current Portion of Leases	-	-	0.53	0.54	0.73	0.66
Current Income Taxes Payable	4.48	2.08	3.58	1.24	4.19	36.26
Current Unearned Revenue	7.23	3.49	7.55	2.47	5.87	8.08
Other Current Liabilities	477.75	550.98	204.51	113	150.59	595.89
Total Current Liabilities	2,081	1,858	916.86	1,124	1,136	2,466
Long-Term Debt	477.28	358.26	218.58	137.63	-	2.85
Long-Term Leases	-	-	0.03	-	0.54	1.14
Long-Term Unearned Revenue	28.32	28.77	26.86	6.92	6.07	4.84
Long-Term Deferred Tax Liabilities	0.09	0.09	0.14	0.12	-	-
Total Liabilities	2,587	2,245	1,162	1,269	1,143	2,475
Common Stock	1,134	1,134	1,134	1,134	903.88	903.88
Additional Paid-In Capital	1,194	1,194	1,194	1,194	340.48	260.12
Retained Earnings	1,128	1,128	1,115	1,121	1,212	917.17
Comprehensive Income & Other	-0.73	-0.66	-0.57	-0.63	-0.7	-0.16
Shareholders' Equity	3,456	3,455	3,443	3,449	2,455	2,081
Total Liabilities & Equity	6,043	5,701	4,605	4,717	3,598	4,556
Total Debt	636.81	497.8	226.49	354.42	121.49	109.24
Net Cash (Debt)	683.09	783.9	1,329	2,012	900.06	1,172
Net Cash Growth	-40.59%	-41.03%	-33.94%	123.59%	-23.22%	17.52%
Net Cash Per Share	0.52	0.66	1.05	2.09	1.00	1.28
Filing Date Shares Outstanding	1,171	1,039	1,134	1,134	903.88	903.88
Total Common Shares Outstanding	1,171	1,039	1,134	1,134	903.88	903.88
Working Capital	1,603	1,326	1,724	2,426	1,367	1,148
Book Value Per Share	2.95	3.33	3.04	3.04	2.72	2.30
Tangible Book Value	3,340	3,339	3,325	3,333	2,337	2,044
Tangible Book Value Per Share	2.85	3.21	2.93	2.94	2.59	2.26
Buildings	-	-	449.42	240.79	240.87	240.91
Machinery	-	-	861.88	857.28	849.15	856.76
Construction In Progress	-	-	747.33	305.31	119.27	16.26

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