SHA:603098 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	812.47	920.44	911.42	1,131	1,700	735.12
Cash & Short-Term Investments	812.47	920.44	911.42	1,131	1,700	735.12
Cash Growth	3.19%	0.99%	-19.40%	-33.48%	131.25%	-13.42%
Accounts Receivable	3,082	3,266	3,496	3,769	4,132	3,405
Other Receivables	26.94	28.36	41.15	28.83	43.08	72.77
Receivables	3,109	3,295	3,537	3,798	4,175	3,478
Inventory	278.64	386.44	339.16	661.33	585.87	151.94
Other Current Assets	103.59	84.02	43.68	47.66	92.92	63.52
Total Current Assets	4,304	4,686	4,832	5,638	6,553	4,429
Property, Plant & Equipment	757.4	726.65	446.5	469.56	493.13	492.89
Long-Term Investments	26.31	25.41	23.16	40.67	60.78	54.5
Other Intangible Assets	83.11	84.05	89.21	92.92	95.57	98.09
Long-Term Deferred Tax Assets	135.08	136.86	123.56	122.4	118.57	79.87
Long-Term Deferred Charges	0.88	1.01	2.39	6.25	9.41	5.15
Other Long-Term Assets	33.74	33.4	31.48	58.04	68.1	63.34
Total Assets	5,340	5,693	5,548	6,427	7,399	5,223
Accounts Payable	1,086	1,335	569.38	778.19	1,242	658.04
Accrued Expenses	26	45.79	879.79	860.27	751.95	549.49
Short-Term Debt	50.03	340.22	275.41	629	980.2	395.05
Current Portion of Long-Term Debt	19.15	17.72	236.62	155.17	29.77	28.48
Current Portion of Leases	-	-	76.14	4.77	3.96	1.43
Current Income Taxes Payable	22.97	14.91	3.89	5.43	4.5	13.64
Current Unearned Revenue	166.63	134.82	193.64	360.18	419.55	105.01
Other Current Liabilities	537.78	630	484.71	633.54	838.34	592.51
Total Current Liabilities	1,908	2,518	2,720	3,427	4,270	2,344
Long-Term Debt	253.98	4	12	248.31	402.96	177.16
Long-Term Leases	12.06	19.59	6.95	9.6	6.49	2.88
Long-Term Unearned Revenue	11.87	12.13	12.28	17.37	20.19	21.55
Long-Term Deferred Tax Liabilities	2.21	2.27	0	0.03	0.02	-
Other Long-Term Liabilities	207.46	211.9	-	-	-	-
Total Liabilities	2,396	2,768	2,751	3,702	4,700	2,545
Common Stock	539.7	539.7	539.7	539.7	538.8	538.8
Additional Paid-In Capital	956.27	956.27	956.27	956.27	946.97	946.97
Retained Earnings	1,353	1,332	1,255	1,209	1,178	1,152
Treasury Stock	-10.2	-10.2	-10.2	-10.2	-	-
Comprehensive Income & Other	18.88	20.43	15.91	10.68	14.51	21.38
Total Common Equity	2,858	2,838	2,757	2,705	2,678	2,659
Minority Interest	86.88	87.2	39.97	20.25	20.76	18.75
Shareholders' Equity	2,945	2,925	2,797	2,726	2,699	2,677
Total Liabilities & Equity	5,340	5,693	5,548	6,427	7,399	5,223
Total Debt	335.22	381.53	607.12	1,047	1,423	604.99
Net Cash (Debt)	477.25	538.91	304.3	83.93	276.57	130.12
Net Cash Growth	82.19%	77.10%	262.56%	-69.65%	112.55%	-
Net Cash Per Share	0.89	0.99	0.58	0.16	0.52	0.24
Filing Date Shares Outstanding	537.91	565.53	538.8	538.8	538.8	538.8
Total Common Shares Outstanding	537.91	565.53	538.8	538.8	538.8	538.8
Working Capital	2,396	2,167	2,112	2,211	2,283	2,085
Book Value Per Share	5.31	5.02	5.12	5.02	4.97	4.93
Tangible Book Value	2,775	2,754	2,668	2,612	2,583	2,561
Tangible Book Value Per Share	5.16	4.87	4.95	4.85	4.79	4.75
Buildings	-	-	512.76	507.57	499.09	492.98
Machinery	-	-	265.45	255.96	245.48	223.87
Construction In Progress	-	-	2.53	4.57	14.25	7.93
Order Backlog	-	-	3,870	-	-	-

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