SHA:603053 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	3,418	3,011	2,782	2,505	1,738	1,384
Short-Term Investments	-	0.31	0.75	0.73	0.73	0.64
Trading Asset Securities	150.31	500.68	410.33	491.36	440.44	400
Accounts Receivable	168.42	106.42	104.02	130.29	99	73.13
Other Receivables	26.67	27.35	47.35	30.49	38.5	114.3
Inventory	59.03	40.32	63.68	65.98	88.71	88.46
Prepaid Expenses	-	0.55	0.96	1.13	0.83	0.8
Other Current Assets	155.23	170.56	251.66	272.87	233.13	270.26
Total Current Assets	3,978	3,857	3,661	3,498	2,639	2,331
Property, Plant & Equipment	3,187	3,282	3,378	3,433	3,399	3,224
Goodwill	66.6	66.6	66.6	66.6	66.6	66.6
Other Intangible Assets	477.67	485.1	513.63	560.94	593.72	469.7
Long-Term Investments	518.3	513.11	524.56	495.58	442.72	490.33
Long-Term Loans Receivable	-	-	-	0.7	0.95	1.94
Long-Term Deferred Tax Assets	8.8	8.8	13.45	12.76	12.04	5.85
Long-Term Deferred Charges	22.31	21.79	9.67	10.22	12.89	11
Other Long-Term Assets	29.69	30.47	32.29	30.11	31.83	33.54
Total Assets	8,288	8,265	8,199	8,108	7,199	6,635
Accounts Payable	1,144	1,236	1,169	1,456	1,184	1,075
Accrued Expenses	178.32	135.21	178.69	183.85	191.44	188.85
Current Portion of Long-Term Debt	0.38	0.21	1.49	2.5	2.5	2.34
Current Unearned Revenue	1,129	1,191	1,405	1,118	764.25	888.43
Current Portion of Leases	-	0.25	0.16	0.19	0.21	-
Current Income Taxes Payable	-	9.82	11.11	15.21	15.25	5.28
Other Current Liabilities	318.81	349.79	293.83	402.23	383.25	234.37
Total Current Liabilities	2,771	2,922	3,059	3,178	2,541	2,394
Long-Term Debt	-	39.26	39.45	59.1	61.3	63.64
Long-Term Leases	4.51	2.37	0.38	0.46	0.74	1.2
Long-Term Unearned Revenue	83.01	84.36	89.75	95.14	100.53	105.88
Long-Term Deferred Tax Liabilities	66.04	66.68	66.45	73.27	77.2	66.14
Other Long-Term Liabilities	40.07	0.81	0.81	0.81	1.98	0.4
Total Liabilities	2,964	3,115	3,256	3,407	2,782	2,631
Common Stock	888.89	888.89	888.89	888.89	888.89	888.89
Additional Paid-In Capital	1,329	1,329	1,329	1,329	1,329	1,328
Retained Earnings	2,769	2,602	2,388	2,166	1,906	1,681
Comprehensive Income & Other	64.71	63.71	68.45	48.87	29.09	13.02
Total Common Equity	5,052	4,884	4,674	4,432	4,153	3,911
Minority Interest	271.89	265.64	269.16	269.35	264.12	92.35
Shareholders' Equity	5,324	5,149	4,943	4,701	4,417	4,003
Total Liabilities & Equity	8,288	8,265	8,199	8,108	7,199	6,635
Total Debt	4.89	42.09	41.48	62.25	64.75	67.18
Net Cash (Debt)	3,563	3,470	3,151	2,935	2,114	1,717
Net Cash Growth	7.18%	10.10%	7.37%	38.83%	23.13%	9.14%
Net Cash Per Share	4.00	3.89	3.55	3.29	2.37	1.93
Filing Date Shares Outstanding	888.99	888.89	888.89	888.89	888.89	888.89
Total Common Shares Outstanding	888.99	888.89	888.89	888.89	888.89	888.89
Working Capital	1,207	934.95	601.87	320.19	98.38	-62.72
Book Value Per Share	5.68	5.49	5.26	4.99	4.67	4.40
Tangible Book Value	4,508	4,332	4,094	3,804	3,492	3,375
Tangible Book Value Per Share	5.07	4.87	4.61	4.28	3.93	3.80
Buildings	-	503.91	502.54	490.41	467.33	480.27
Machinery	-	378.38	370.93	366.99	413.93	291.21
Construction In Progress	-	228.28	295.75	264.1	483.21	482.53

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