SHA:603127 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	983.08	911.85	965.2	2,863	2,917	4,154
Short-Term Investments	-	791.57	729.85	1,533	6.97	-
Trading Asset Securities	1,511	1,718	1,396	373.35	408.47	680.98
Cash & Short-Term Investments	2,494	3,422	3,091	4,770	3,332	4,835
Cash Growth	-19.86%	10.69%	-35.19%	43.14%	-31.08%	782.97%
Accounts Receivable	315.46	332.51	340	340.06	340.1	214.51
Other Receivables	4.79	-	-	11.51	14.73	5.83
Receivables	320.25	332.51	340	351.57	354.83	220.34
Inventory	1,563	1,412	1,479	1,863	387.35	700.59
Prepaid Expenses	-	7.12	2.35	0.94	-	0.27
Other Current Assets	690.07	88.61	119.13	136.62	1,854	58.21
Total Current Assets	5,067	5,262	5,031	7,122	5,928	5,814
Property, Plant & Equipment	2,168	1,732	1,502	1,548	2,022	779.12
Long-Term Investments	733.13	2,222	2,307	797.98	2,146	1,536
Goodwill	53.84	54.69	138.04	136.01	133.74	122.43
Other Intangible Assets	279.84	285.05	298.51	292.38	50.44	137.19
Long-Term Deferred Tax Assets	40.7	39.68	33.36	28.25	32.61	43.85
Long-Term Deferred Charges	66	69.85	63.06	74.89	-	30.51
Other Long-Term Assets	1,628	16.61	23.67	28.03	50.89	73.21
Total Assets	10,037	9,682	9,396	10,027	10,364	8,537
Accounts Payable	53.33	73.96	50.22	43.32	127.31	53.64
Accrued Expenses	64.03	119.75	105.11	108.6	135.97	78.11
Current Portion of Long-Term Debt	24.52	-	-	-	3.53	4.54
Current Portion of Leases	-	20.17	39.37	27.5	24.01	21.65
Current Income Taxes Payable	17.64	16.65	21.52	41.35	59.2	21.86
Current Unearned Revenue	1,041	854.24	827.16	1,152	1,295	972.21
Other Current Liabilities	61.02	75.82	67.18	94.62	199.53	62.22
Total Current Liabilities	1,262	1,161	1,111	1,467	1,844	1,214
Long-Term Debt	-	-	-	-	3.28	4.94
Long-Term Leases	12.48	1.42	21.6	41.92	56.89	64.19
Long-Term Unearned Revenue	70.53	72.74	67.92	74.49	80.68	60.84
Long-Term Deferred Tax Liabilities	135.19	121.81	116.88	162.34	188.24	48.43
Total Liabilities	1,480	1,357	1,317	1,746	2,173	1,393
Common Stock	749.35	749.48	749.48	749.89	535.68	381.25
Additional Paid-In Capital	5,234	5,238	5,238	5,267	-	5,544
Retained Earnings	2,777	2,538	2,263	2,308	2,125	1,189
Treasury Stock	-226.38	-230.57	-220.56	-146.45	-	-3.93
Comprehensive Income & Other	23.61	30.19	49.48	100.52	5,523	26.74
Total Common Equity	8,557	8,325	8,079	8,279	8,184	7,136
Minority Interest	0.37	0.37	0.37	1.72	7.17	8.22
Shareholders' Equity	8,557	8,325	8,079	8,281	8,191	7,144
Total Liabilities & Equity	10,037	9,682	9,396	10,027	10,364	8,537
Total Debt	37	21.6	60.97	69.42	87.71	95.32
Net Cash (Debt)	2,457	3,400	3,030	4,700	3,245	4,740
Net Cash Growth	-19.68%	12.21%	-35.53%	44.87%	-31.55%	806.03%
Net Cash Per Share	3.39	4.57	4.09	6.28	4.32	6.50
Filing Date Shares Outstanding	744.86	777.34	619.45	743.27	749.95	747.24
Total Common Shares Outstanding	744.86	777.34	619.45	743.27	749.95	747.24
Working Capital	3,806	4,102	3,921	5,655	4,084	4,600
Book Value Per Share	11.49	10.71	13.04	11.14	10.91	9.55
Tangible Book Value	8,223	7,985	7,642	7,851	8,000	6,877
Tangible Book Value Per Share	11.04	10.27	12.34	10.56	10.67	9.20
Buildings	-	721.98	590.45	455.95	-	371.05
Machinery	-	668.17	643.03	581.35	957.9	415.14
Construction In Progress	-	280.42	368.93	342.01	277.74	127.36
Leasehold Improvements	-	-	-	-	61.62	-
Order Backlog	-	2,600	-	-	-	-

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