SHA:603118 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	2,106	2,659	1,975	2,423	1,576	762.82
Short-Term Investments	-	-	100.75	579.75	918.76	1,036
Trading Asset Securities	28.01	745.89	229.84	48.29	-	601.08
Cash & Short-Term Investments	2,134	3,405	2,306	3,051	2,494	2,400
Cash Growth	-42.88%	47.69%	-24.42%	22.31%	3.92%	36.52%
Accounts Receivable	2,239	2,668	1,991	1,995	2,656	2,334
Other Receivables	257.39	17.06	46.8	45.78	76.14	53.3
Receivables	2,496	2,685	2,037	2,041	2,732	2,387
Inventory	3,387	1,559	1,227	1,257	1,497	1,550
Other Current Assets	323.63	151.03	139.5	164.92	297.82	154.38
Total Current Assets	8,341	7,800	5,710	6,514	7,021	6,492
Property, Plant & Equipment	2,387	2,429	2,479	2,766	2,708	2,273
Long-Term Investments	290.23	406.22	397.17	365.32	144.23	106.16
Goodwill	33.2	-	-	-	208.15	477.01
Other Intangible Assets	213.24	223.47	245.8	257.07	269.75	267.5
Long-Term Deferred Tax Assets	39.95	37.29	44.34	36.75	45.62	35.23
Long-Term Deferred Charges	86.86	82.62	80.89	88.64	16.93	34.07
Other Long-Term Assets	312.63	263.8	245.71	186.8	120.05	82.47
Total Assets	11,704	11,242	9,203	10,214	10,534	9,767

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	3,415	2,605	1,958	3,111	3,204	2,777
Accrued Expenses	182.45	164.88	113.94	127.26	183.91	178.98
Short-Term Debt	2,737	3,059	1,790	1,375	1,760	1,678
Current Portion of Leases	8.21	7.37	-	-	-	-
Current Income Taxes Payable	-	1.7	0.95	0.99	21.36	12.72
Current Unearned Revenue	51.31	30.18	43.36	17.29	27.9	31.15
Other Current Liabilities	257.05	294.41	288.72	39.98	101.48	111.81
Total Current Liabilities	6,651	6,163	4,194	4,672	5,299	4,790
Long-Term Debt	-	-	-	332.2	27.25	-
Long-Term Leases	11.15	17.68	29.09	53.69	40.59	-
Long-Term Unearned Revenue	3.31	6.61	12.54	21.29	17.28	14.59
Long-Term Deferred Tax Liabilities	-	-	-	1.54	-	-
Other Long-Term Liabilities	1.03	1.27	2.18	-	-	-
Total Liabilities	6,666	6,188	4,238	5,081	5,384	4,804

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	787.28	787.28	787.28	791.46	791.13	792.13
Additional Paid-In Capital	2,775	2,775	2,749	2,751	2,737	2,711
Retained Earnings	1,601	1,512	1,435	1,613	1,650	1,542
Treasury Stock	-131.35	-	-	-19.13	-42.11	-74.95
Comprehensive Income & Other	-30.74	-20.88	-6.31	3.56	5.19	-7.17
Total Common Equity	5,002	5,054	4,965	5,141	5,142	4,963
Minority Interest	36.1	-	-	-6.99	8.13	-0.36
Shareholders' Equity	5,038	5,054	4,965	5,134	5,150	4,963
Total Liabilities & Equity	11,704	11,242	9,203	10,214	10,534	9,767

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	2,756	3,084	1,819	1,761	1,828	1,678
Net Cash (Debt)	-622.73	321.28	487.16	1,290	666.23	722.56
Net Cash Growth	-	-34.05%	-62.24%	93.63%	-7.80%	-16.77%
Net Cash Per Share	-0.79	0.41	0.61	1.59	0.85	0.93
Filing Date Shares Outstanding	796.35	787.28	787.28	791.46	791.13	792.13
Total Common Shares Outstanding	796.35	787.28	787.28	791.46	791.13	792.13
Working Capital	1,690	1,637	1,516	1,842	1,722	1,702
Book Value Per Share	6.28	6.42	6.31	6.50	6.50	6.27
Tangible Book Value	4,755	4,831	4,719	4,884	4,664	4,219
Tangible Book Value Per Share	5.97	6.14	5.99	6.17	5.89	5.33
Buildings	-	2,426	2,071	2,151	2,177	1,796
Machinery	-	1,248	1,263	1,377	1,303	1,224
Construction In Progress	-	9.52	349.85	330.56	260.08	243.21