SHA:603087 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	2,165	2,088	902.78	2,443	2,890	3,306
Short-Term Investments	-	-	-	-	201.36	276.44
Trading Asset Securities	1,251	1,401	1,500	2,410	1,636	1,624
Cash & Short-Term Investments	3,416	3,489	2,403	4,853	4,728	5,206
Cash Growth	44.96%	45.20%	-50.48%	2.66%	-9.20%	14.24%
Accounts Receivable	447.85	599.87	213.71	383.74	189.57	934.66
Other Receivables	5.82	3.76	31.89	1.63	0.99	0.16
Receivables	453.67	603.63	245.6	385.37	190.55	934.82
Inventory	1,090	1,009	1,053	860.51	648.65	651.33
Other Current Assets	442.44	382.32	89.07	76.73	97.36	77.95
Total Current Assets	5,403	5,484	3,791	6,176	5,664	6,870
Property, Plant & Equipment	3,514	3,577	3,882	3,886	3,661	2,595
Long-Term Investments	479.31	520.53	497.03	304.66	30	201.36
Other Intangible Assets	509.39	265.11	273.06	278.08	293.48	295.99
Long-Term Deferred Tax Assets	220.36	213.67	206.94	168.95	138.25	30.8
Long-Term Deferred Charges	1,579	1,611	924.91	821.97	743.19	588.87
Other Long-Term Assets	974.67	954.72	2,468	79.99	76.51	270.33
Total Assets	12,680	12,627	12,043	11,715	10,607	10,853
Accounts Payable	147.71	134.41	115.61	94.82	36.52	26.15
Accrued Expenses	156.97	187.26	183.44	192.54	190	173.04
Current Portion of Long-Term Debt	8.27	8.99	-	-	-	-
Current Portion of Leases	-	-	1.33	2.18	5.69	5.07
Current Income Taxes Payable	34.4	50.87	1.49	1.42	1.35	106.32
Current Unearned Revenue	54.96	67.88	63.25	52.99	68.13	36.56
Other Current Liabilities	274.22	366.37	436	429.49	511.36	138.39
Total Current Liabilities	676.53	815.79	801.13	773.45	813.04	485.53
Long-Term Leases	2.27	2.54	3.31	5.45	8.33	12.17
Long-Term Unearned Revenue	169.9	170.75	168.92	179.63	187.63	141.98
Long-Term Deferred Tax Liabilities	-	-	12.11	-	-	36.15
Other Long-Term Liabilities	2.96	9.5	2.97	14	12.27	10.2
Total Liabilities	851.65	998.57	988.45	972.52	1,021	686.02
Common Stock	597.3	597.3	601.07	594.16	565.65	561.54
Additional Paid-In Capital	3,539	3,534	3,591	3,351	2,563	2,476
Retained Earnings	7,798	7,606	7,059	6,865	6,525	7,133
Treasury Stock	-111.17	-111.17	-200.85	-71.36	-71.36	-
Comprehensive Income & Other	2.5	3.06	4.04	3.82	3.44	-3.44
Total Common Equity	11,826	11,628	11,054	10,743	9,586	10,167
Minority Interest	1.98	-	-	0	-0.16	-0.16
Shareholders' Equity	11,828	11,628	11,054	10,743	9,586	10,167
Total Liabilities & Equity	12,680	12,627	12,043	11,715	10,607	10,853
Total Debt	10.54	11.53	4.64	7.62	14.01	17.24
Net Cash (Debt)	3,406	3,478	2,399	4,846	4,714	5,189
Net Cash Growth	44.70%	45.00%	-50.50%	2.80%	-9.16%	13.86%
Net Cash Per Share	5.76	5.87	4.06	8.55	8.37	9.25
Filing Date Shares Outstanding	583.29	591.12	598.96	590.05	561.54	561.54
Total Common Shares Outstanding	583.29	591.12	598.96	590.05	561.54	561.54
Working Capital	4,726	4,668	2,990	5,402	4,851	6,385
Book Value Per Share	20.27	19.67	18.46	18.21	17.07	18.11
Tangible Book Value	11,317	11,363	10,781	10,464	9,292	9,871
Tangible Book Value Per Share	19.40	19.22	18.00	17.73	16.55	17.58
Buildings	-	-	2,137	1,344	1,165	1,046
Machinery	-	-	1,601	1,443	1,237	1,263
Construction In Progress	-	-	1,262	2,007	2,003	874.91

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