SHA:603050 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	294.63	550.99	506.61	876.95	706.05	487.05
Cash & Short-Term Investments	294.63	550.99	506.61	876.95	706.05	487.05
Cash Growth	-17.58%	8.76%	-42.23%	24.20%	44.96%	-13.76%
Accounts Receivable	2,731	2,789	2,749	2,370	1,687	1,456
Other Receivables	45.18	28.26	31.96	38.31	37.39	29.34
Receivables	2,776	2,818	2,781	2,408	1,725	1,485
Inventory	623.6	456.38	812.11	895.76	1,109	873.97
Prepaid Expenses	-	6.97	5.06	-	-	-
Other Current Assets	141.79	86.58	48.73	42.82	68.25	51.68
Total Current Assets	3,836	3,919	4,153	4,224	3,608	2,898
Property, Plant & Equipment	694.73	700.67	732.98	754.32	769.15	603.41
Long-Term Investments	7.69	9.64	8.52	27.51	27.06	25.21
Other Intangible Assets	140.35	155.73	165.01	169.64	175.25	193.22
Long-Term Accounts Receivable	-	47.69	-	-	-	-
Long-Term Deferred Tax Assets	79.6	78.72	82.18	61.3	49.55	35.14
Long-Term Deferred Charges	0.8	1.08	1.06	1.33	0.58	0.72
Other Long-Term Assets	62.3	57.53	40.26	43.94	46.64	45.82
Total Assets	4,822	4,970	5,183	5,282	4,676	3,802
Accounts Payable	1,965	1,999	1,744	1,765	1,354	1,164
Accrued Expenses	41.88	86.93	129.84	126.84	66.39	81.23
Short-Term Debt	296.69	411.67	1.68	12.14	-	-
Current Portion of Long-Term Debt	-	-	304.15	63.73	39.99	145.28
Current Portion of Leases	-	1.09	0.49	0.45	0.41	0.38
Current Income Taxes Payable	-	1.04	4.69	22.04	12.24	2.8
Current Unearned Revenue	274.32	282.07	488.51	367.35	366.44	390.15
Other Current Liabilities	225.81	201.78	144.69	98.14	197.05	222.24
Total Current Liabilities	2,804	2,984	2,818	2,456	2,037	2,006
Long-Term Debt	-	-	568.87	1,110	1,142	419.2
Long-Term Leases	13.17	11.96	7.72	8.2	8.65	9.06
Long-Term Unearned Revenue	78.37	74.08	90.64	98.38	103.77	68.83
Other Long-Term Liabilities	6.28	13.13	6.65	-	-	-
Total Liabilities	2,902	3,083	3,492	3,672	3,291	2,503
Common Stock	403.32	403.32	272.51	227.09	162.21	162.21
Additional Paid-In Capital	264.94	265.83	387.55	438.23	503.11	503.02
Retained Earnings	1,251	1,208	1,005	913.21	695.23	613.03
Comprehensive Income & Other	0.02	0.03	0.02	0	-0	0.01
Total Common Equity	1,919	1,878	1,665	1,579	1,361	1,278
Minority Interest	0.77	9.32	26.71	31.18	25.1	20.53
Shareholders' Equity	1,920	1,887	1,692	1,610	1,386	1,299
Total Liabilities & Equity	4,822	4,970	5,183	5,282	4,676	3,802
Total Debt	309.86	424.72	882.91	1,195	1,191	573.91
Net Cash (Debt)	-15.23	126.26	-376.3	-317.56	-484.57	-86.86
Net Cash Per Share	-0.04	0.31	-0.93	-0.79	-1.19	-0.22
Filing Date Shares Outstanding	403.33	403.32	403.32	403.32	403.32	403.32
Total Common Shares Outstanding	403.33	403.32	403.32	403.32	403.32	403.32
Working Capital	1,032	934.95	1,336	1,768	1,571	892.36
Book Value Per Share	4.76	4.66	4.13	3.91	3.37	3.17
Tangible Book Value	1,779	1,722	1,500	1,409	1,185	1,085
Tangible Book Value Per Share	4.41	4.27	3.72	3.49	2.94	2.69
Buildings	-	758.75	786.54	792.06	717.46	454.04
Machinery	-	225.62	209.35	188.45	174.21	120.42
Construction In Progress	-	4.53	1.88	1.44	56.43	171.07

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