SHA:603176 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	815.71	880.56	875.28	971.36	1,408	618.99
Short-Term Investments	-	-	22.23	2.11	2.07	2.19
Trading Asset Securities	96.54	93.44	103.72	-	-	-
Cash & Short-Term Investments	912.25	974	1,001	973.47	1,410	621.18
Cash Growth	-9.57%	-2.72%	2.85%	-30.97%	127.04%	59.04%
Accounts Receivable	2,299	2,511	2,625	2,435	2,415	1,749
Other Receivables	53.86	58.83	-	-	-	-
Receivables	2,352	2,570	2,625	2,435	2,415	1,749
Inventory	34.29	21.93	24.06	41.18	52.92	42.87
Other Current Assets	281.84	264.32	234.82	250.67	196.68	154.08
Total Current Assets	3,581	3,830	3,885	3,701	4,075	2,567
Property, Plant & Equipment	105.99	110.42	110.32	120.25	89.26	94.58
Long-Term Investments	694.83	697.65	666.74	555.19	497.92	539.24
Other Intangible Assets	1,015	1,033	1,034	876.57	585.57	338.85
Long-Term Accounts Receivable	-	-	3.27	27.97	2.26	40.74
Long-Term Deferred Tax Assets	195.47	181.08	141.11	102.15	77.11	53.88
Long-Term Deferred Charges	5.03	5.41	2.88	3.7	0.62	0.78
Other Long-Term Assets	53.93	30.36	11.67	63.89	19.46	4.24
Total Assets	5,651	5,888	5,855	5,450	5,347	3,639
Accounts Payable	1,289	1,655	120.94	147.25	106.12	35.5
Accrued Expenses	18.15	18.46	1,669	1,561	1,417	1,135
Short-Term Debt	459.86	312.07	367.83	365.88	550.57	695.32
Current Portion of Long-Term Debt	579.87	225.98	229.65	61.53	53.52	43.71
Current Portion of Leases	-	-	-	0.28	-	0.25
Current Income Taxes Payable	58.61	73.77	85.72	70.5	50.16	28.36
Current Unearned Revenue	114.02	123.02	149.59	295.04	495.32	78.32
Other Current Liabilities	256.02	279.53	225.4	196.24	363.77	303.69
Total Current Liabilities	2,776	2,687	2,848	2,698	3,036	2,321
Long-Term Debt	1,664	1,927	1,760	1,582	1,187	339.09
Long-Term Leases	-	-	-	1.69	1.88	1.87
Other Long-Term Liabilities	0.05	0.06	0.13	0.76	0.35	0.12
Total Liabilities	4,440	4,615	4,608	4,282	4,226	2,662
Common Stock	475.24	475.24	466.67	466.66	466.66	466.66
Additional Paid-In Capital	286.55	283.66	277.72	277.64	277.64	277.64
Retained Earnings	340.85	401.5	372.84	312.63	264.49	204.59
Treasury Stock	-30.11	-30.11	-25.37	-12	-	-
Comprehensive Income & Other	54.1	57.23	76.37	58.02	64.19	6.16
Total Common Equity	1,127	1,188	1,168	1,103	1,073	955.05
Minority Interest	84.76	85.43	79	65.32	48.42	22.64
Shareholders' Equity	1,211	1,273	1,247	1,168	1,121	977.69
Total Liabilities & Equity	5,651	5,888	5,855	5,450	5,347	3,639
Total Debt	2,703	2,465	2,358	2,011	1,793	1,080
Net Cash (Debt)	-1,791	-1,491	-1,357	-1,038	-382.97	-459.05
Net Cash Per Share	-3.63	-3.02	-2.93	-2.26	-0.83	-1.32
Filing Date Shares Outstanding	466.59	490.87	461.78	461.78	466.66	466.66
Total Common Shares Outstanding	466.59	490.87	461.78	464.71	466.66	466.66
Working Capital	805.11	1,142	1,038	1,003	1,039	246.46
Book Value Per Share	2.41	2.42	2.53	2.37	2.30	2.05
Tangible Book Value	111.78	154.49	134.31	226.38	487.41	616.2
Tangible Book Value Per Share	0.24	0.31	0.29	0.49	1.04	1.32
Buildings	-	-	79.3	88.59	53.2	53.2
Machinery	-	-	135.11	125.1	121.7	114.9
Order Backlog	-	-	956,178	-	-	-

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