SHA:603162 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	495.93	608.16	550.36	639.73	734.77	280.95
Trading Asset Securities	134.46	82.49	91.76	504.41	-	-
Cash & Short-Term Investments	630.39	690.65	642.12	1,144	734.77	280.95
Cash Growth	-9.31%	7.56%	-43.88%	55.72%	161.53%	430.82%
Accounts Receivable	317.96	253.58	228.23	113.35	60.91	100.1
Other Receivables	313.72	331.71	212.53	157.88	10.03	81.16
Receivables	631.68	585.29	440.76	271.23	70.94	181.26
Inventory	190.8	196.92	102.23	107.57	27.72	29.92
Prepaid Expenses	-	-	-	0.51	0.27	-
Other Current Assets	127.04	68.3	33.42	42.07	110.46	11.23
Total Current Assets	1,580	1,541	1,219	1,566	944.16	503.36
Property, Plant & Equipment	5,299	5,200	4,590	2,930	1,632	1,632
Other Intangible Assets	3.3	3.24	2.25	1.06	1.32	1.65
Long-Term Deferred Tax Assets	21.88	19.69	11.17	19.39	13.59	2.1
Long-Term Deferred Charges	2.37	2.39	2.83	2.11	2.3	-
Other Long-Term Assets	105.84	27.45	13.52	14.38	13.27	2.99
Total Assets	7,012	6,794	5,838	4,532	2,607	2,142
Accounts Payable	214.81	164.41	96.67	72.58	52.19	43.86
Accrued Expenses	38.56	74.93	58.78	34.83	21.3	11.18
Short-Term Debt	185.52	5.82	14.29	-	-	10.01
Current Portion of Long-Term Debt	485.67	49.27	7.19	-	-	-
Current Portion of Leases	-	441.39	501.74	329.31	166.08	-
Current Income Taxes Payable	12.23	8.08	12.58	0	6.98	56.47
Current Unearned Revenue	148.65	172.4	57.7	51.11	5.64	20.89
Other Current Liabilities	152.06	160.94	101.42	27.02	52.21	119.26
Total Current Liabilities	1,237	1,077	850.38	514.85	304.41	261.68
Long-Term Debt	196.45	211.89	39.92	-	-	-
Long-Term Leases	935.47	983.61	828.28	367.41	208.31	500.92
Long-Term Deferred Tax Liabilities	-	-	-	13.85	10.56	-
Other Long-Term Liabilities	-	-	-	-	37.02	53.33
Total Liabilities	2,369	2,273	1,719	896.11	560.29	815.93
Common Stock	928.1	928.19	916.88	614.79	371.48	371.48
Additional Paid-In Capital	1,219	1,209	1,107	1,352	120.83	118.16
Retained Earnings	2,591	2,427	2,007	1,596	1,494	859.34
Treasury Stock	-74.19	-75.59	-22.38	-	-	-
Comprehensive Income & Other	-21.38	32.97	110.83	72.73	60.37	-23.09
Shareholders' Equity	4,642	4,521	4,119	3,636	2,047	1,326
Total Liabilities & Equity	7,012	6,794	5,838	4,532	2,607	2,142
Total Debt	1,803	1,692	1,391	696.72	374.39	510.92
Net Cash (Debt)	-1,173	-1,001	-749.3	447.43	360.38	-229.98
Net Cash Growth	-	-	-	24.15%	-	-
Net Cash Per Share	-1.30	-1.10	-0.81	0.51	0.44	-0.29
Filing Date Shares Outstanding	928.1	928.21	916.88	909.89	813.7	813.7
Total Common Shares Outstanding	928.1	928.21	916.88	909.89	813.7	813.7
Working Capital	342.42	463.92	368.15	1,051	639.76	241.68
Book Value Per Share	5.00	4.87	4.49	4.00	2.52	1.63
Tangible Book Value	4,639	4,518	4,117	3,635	2,045	1,324
Tangible Book Value Per Share	5.00	4.87	4.49	4.00	2.51	1.63
Buildings	-	21.41	-	-	-	-
Machinery	-	5,935	4,595	2,624	1,269	-

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