SHA:603035 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	717.22	649.53	528.93	667.59	731.24	442.56
Trading Asset Securities	-	-	-	-	-	100
Cash & Short-Term Investments	717.22	649.53	528.93	667.59	731.24	542.56
Cash Growth	69.12%	22.80%	-20.77%	-8.71%	34.78%	-27.10%
Accounts Receivable	3,471	3,708	2,899	2,603	1,804	1,247
Other Receivables	90.38	120.68	12.74	13.46	11.72	10.61
Receivables	3,562	3,829	2,911	2,617	1,815	1,258
Inventory	907.42	919.5	772.58	743.6	593.24	462.85
Other Current Assets	149.44	72.07	114.1	77.41	40.21	171.5
Total Current Assets	5,336	5,470	4,327	4,106	3,180	2,435
Property, Plant & Equipment	3,277	3,330	2,951	2,775	2,147	2,076
Long-Term Investments	2,220	2,165	2,224	2,094	2,174	2,064
Goodwill	146.57	146.57	146.57	146.57	146.57	146.57
Other Intangible Assets	440.13	448.19	432.42	314.79	281.24	274.55
Long-Term Accounts Receivable	-	85.01	44.9	9.45	4.27	-
Long-Term Deferred Tax Assets	140	136.64	122.15	85.37	87.62	68.23
Long-Term Deferred Charges	421.9	392.76	298.72	387.38	288.19	306.16
Other Long-Term Assets	246.51	86.96	92.94	210.33	229.44	144.86
Total Assets	12,228	12,261	10,639	10,129	8,538	7,515
Accounts Payable	3,255	3,393	2,607	2,533	1,937	1,411
Accrued Expenses	87.75	209.81	177.25	154.75	127.72	110.74
Short-Term Debt	1,279	1,305	1,085	1,120	700.42	711.56
Current Portion of Long-Term Debt	160.81	151.15	180.43	218.08	92.38	60.96
Current Portion of Leases	-	31.44	21.41	15.44	23.22	5.51
Current Income Taxes Payable	73.07	32.69	28.96	23.82	25.71	17.35
Current Unearned Revenue	250.48	191.75	198.29	264.24	274.47	273.71
Other Current Liabilities	579.94	549.11	362.27	315.15	144.76	126.4
Total Current Liabilities	5,686	5,864	4,660	4,644	3,326	2,717
Long-Term Debt	738.54	679.49	402.31	195.49	312.17	470.53
Long-Term Leases	105.61	97.01	50.01	52.28	57.45	22.67
Long-Term Unearned Revenue	114.25	113.06	119.64	97.6	103.45	94.53
Long-Term Deferred Tax Liabilities	89.13	89.37	92.74	97.12	86.72	82.67
Other Long-Term Liabilities	8.17	3.73	-	2.23	15.77	13.95
Total Liabilities	6,741	6,847	5,325	5,089	3,901	3,402
Common Stock	366.35	366.35	380.03	380.03	380.03	360.75
Additional Paid-In Capital	1,821	1,822	2,008	2,014	2,014	1,835
Retained Earnings	3,201	3,129	2,910	2,632	2,239	1,860
Treasury Stock	-	-	-103.72	-	-	-
Comprehensive Income & Other	-5.11	-8.43	-13.45	11.46	0.05	45.4
Total Common Equity	5,383	5,309	5,181	5,037	4,633	4,101
Minority Interest	103.65	105.14	133.77	3.23	4.07	12.59
Shareholders' Equity	5,487	5,414	5,314	5,040	4,637	4,114
Total Liabilities & Equity	12,228	12,261	10,639	10,129	8,538	7,515
Total Debt	2,284	2,265	1,739	1,601	1,186	1,271
Net Cash (Debt)	-1,566	-1,615	-1,210	-933.39	-454.4	-728.66
Net Cash Per Share	-4.32	-4.39	-3.19	-2.46	-1.22	-1.98
Filing Date Shares Outstanding	357.9	366.35	372.98	380.03	380.03	360.75
Total Common Shares Outstanding	357.9	366.35	372.98	380.03	380.03	360.75
Working Capital	-349.63	-394.4	-333.46	-538.52	-145.6	-282.37
Book Value Per Share	15.04	14.49	13.89	13.25	12.19	11.37
Tangible Book Value	4,797	4,714	4,602	4,575	4,205	3,680
Tangible Book Value Per Share	13.40	12.87	12.34	12.04	11.07	10.20
Buildings	-	1,601	1,467	1,304	1,063	1,062
Machinery	-	3,744	3,199	2,881	2,331	2,097
Construction In Progress	-	214.18	230.94	214.05	118.03	101.19

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