SHA:603035 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	649.53	528.93	667.59	731.24	442.56
Trading Asset Securities	-	-	-	-	100
Cash & Short-Term Investments	649.53	528.93	667.59	731.24	542.56
Cash Growth	22.80%	-20.77%	-8.71%	34.78%	-27.10%
Accounts Receivable	3,632	2,899	2,603	1,804	1,247
Other Receivables	120.68	12.74	13.46	11.72	10.61
Receivables	3,752	2,911	2,617	1,815	1,258
Inventory	919.5	772.58	743.6	593.24	462.85
Other Current Assets	148.48	114.1	77.41	40.21	171.5
Total Current Assets	5,470	4,327	4,106	3,180	2,435
Property, Plant & Equipment	3,330	2,951	2,775	2,147	2,076
Long-Term Investments	2,165	2,111	2,094	2,174	2,064
Goodwill	146.57	146.57	146.57	146.57	146.57
Other Intangible Assets	448.19	432.42	314.79	281.24	274.55
Long-Term Accounts Receivable	-	44.9	9.45	4.27	-
Long-Term Deferred Tax Assets	136.64	122.15	85.37	87.62	68.23
Long-Term Deferred Charges	392.76	298.72	387.38	288.19	306.16
Other Long-Term Assets	171.97	206.45	210.33	229.44	144.86
Total Assets	12,261	10,639	10,129	8,538	7,515
Accounts Payable	3,393	2,607	2,533	1,937	1,411
Accrued Expenses	83.53	177.25	154.75	127.72	110.74
Short-Term Debt	1,305	1,085	1,120	700.42	711.56
Current Portion of Long-Term Debt	182.6	180.43	218.08	92.38	60.96
Current Portion of Leases	-	21.41	15.44	23.22	5.51
Current Income Taxes Payable	86.04	28.96	23.82	25.71	17.35
Current Unearned Revenue	191.31	198.29	264.24	274.47	273.71
Other Current Liabilities	622.49	362.27	315.15	144.76	126.4
Total Current Liabilities	5,864	4,660	4,644	3,326	2,717
Long-Term Debt	679.49	402.31	195.49	312.17	470.53
Long-Term Leases	97.01	50.01	52.28	57.45	22.67
Long-Term Unearned Revenue	113.06	119.64	97.6	103.45	94.53
Long-Term Deferred Tax Liabilities	89.37	92.74	97.12	86.72	82.67
Other Long-Term Liabilities	3.73	-	2.23	15.77	13.95
Total Liabilities	6,847	5,325	5,089	3,901	3,402
Common Stock	366.35	380.03	380.03	380.03	360.75
Additional Paid-In Capital	1,822	2,008	2,014	2,014	1,835
Retained Earnings	3,129	2,910	2,632	2,239	1,860
Treasury Stock	-	-103.72	-	-	-
Comprehensive Income & Other	-8.43	-13.45	11.46	0.05	45.4
Total Common Equity	5,309	5,181	5,037	4,633	4,101
Minority Interest	105.14	133.77	3.23	4.07	12.59
Shareholders' Equity	5,414	5,314	5,040	4,637	4,114
Total Liabilities & Equity	12,261	10,639	10,129	8,538	7,515
Total Debt	2,265	1,739	1,601	1,186	1,271
Net Cash (Debt)	-1,615	-1,210	-933.39	-454.4	-728.66
Net Cash Per Share	-4.39	-3.19	-2.46	-1.22	-1.98
Filing Date Shares Outstanding	362.38	372.98	380.03	380.03	360.75
Total Common Shares Outstanding	362.38	372.98	380.03	380.03	360.75
Working Capital	-394.4	-333.46	-538.52	-145.6	-282.37
Book Value Per Share	14.65	13.89	13.25	12.19	11.37
Tangible Book Value	4,714	4,602	4,575	4,205	3,680
Tangible Book Value Per Share	13.01	12.34	12.04	11.07	10.20
Buildings	-	1,467	1,304	1,063	1,062
Machinery	-	3,199	2,881	2,331	2,097
Construction In Progress	-	230.94	214.05	118.03	101.19

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.