SHA:603187 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	1,223	1,447	1,030	1,065	1,355	898.47
Short-Term Investments	-	-	71.19	-	-	-
Trading Asset Securities	693.66	786.15	948.7	1,050	580	331.7
Cash & Short-Term Investments	1,917	2,233	2,050	2,115	1,935	1,230
Cash Growth	0.63%	8.95%	-3.06%	9.28%	57.31%	-19.51%
Accounts Receivable	1,336	1,146	1,249	1,265	1,296	798.73
Other Receivables	22.72	19.08	24.29	21.79	26.12	27.88
Receivables	1,358	1,165	1,273	1,286	1,322	826.61
Inventory	765.63	681.02	677.19	688.55	583.46	671.57
Other Current Assets	193.2	181.89	91.54	56.75	44.66	62.57
Total Current Assets	4,234	4,261	4,092	4,146	3,886	2,791
Property, Plant & Equipment	1,315	1,349	1,087	995.74	936.18	681.36
Long-Term Investments	36.4	50.92	148.34	188.29	14.8	14.8
Goodwill	-	-	-	8.02	8.02	8.02
Other Intangible Assets	157.68	157.64	153.53	148.06	150.49	148.81
Long-Term Accounts Receivable	-	-	55.12	91.2	84.23	44.58
Long-Term Deferred Tax Assets	34.72	32.25	32.68	40.91	28.18	22.46
Long-Term Deferred Charges	10.42	11.22	17.03	19.68	11.77	6.07
Other Long-Term Assets	294.07	259.06	-	-	-	-
Total Assets	6,082	6,122	5,585	5,638	5,119	3,717
Accounts Payable	1,496	1,486	1,185	1,328	1,183	1,095
Accrued Expenses	57.95	74.69	81.03	83.69	91.17	71.68
Short-Term Debt	15	10	-	-	-	-
Current Portion of Long-Term Debt	12.13	12.11	-	-	-	-
Current Portion of Leases	-	-	0.07	0.07	0.07	0.09
Current Income Taxes Payable	16.3	22.38	27.77	18.4	1.57	3.89
Current Unearned Revenue	57.45	65.66	57.74	89.15	75.17	53.11
Other Current Liabilities	65.27	68.63	13.46	38.25	59.94	85.08
Total Current Liabilities	1,720	1,740	1,365	1,557	1,411	1,309
Long-Term Leases	0.36	0.34	0.41	0.48	0.55	0.59
Long-Term Unearned Revenue	21.26	22.38	20.87	25.04	23.04	13.99
Long-Term Deferred Tax Liabilities	7.2	8.08	7.27	7.66	7.24	0.37
Other Long-Term Liabilities	18.68	19.59	30.38	28.2	-	-
Total Liabilities	1,767	1,790	1,424	1,619	1,442	1,324
Common Stock	386.42	386.42	386.42	386.45	276.05	244.51
Additional Paid-In Capital	2,129	2,123	2,143	2,136	2,222	1,218
Retained Earnings	1,840	1,849	1,652	1,509	1,192	973.5
Treasury Stock	-28.66	-29.88	-56.31	-45.22	-46.02	-72.13
Comprehensive Income & Other	-20.59	-7.92	7.4	5.47	0.45	2.18
Total Common Equity	4,306	4,321	4,132	3,992	3,645	2,366
Minority Interest	8.76	10.9	28.37	27.82	32.39	26.78
Shareholders' Equity	4,315	4,332	4,161	4,020	3,677	2,393
Total Liabilities & Equity	6,082	6,122	5,585	5,638	5,119	3,717
Total Debt	27.49	22.45	0.48	0.55	0.62	0.68
Net Cash (Debt)	1,889	2,211	2,050	2,114	1,935	1,229
Net Cash Growth	-0.53%	7.88%	-3.06%	9.28%	57.34%	6.65%
Net Cash Per Share	4.95	5.80	5.33	5.53	5.43	3.71
Filing Date Shares Outstanding	387.08	382.42	386.42	386.43	386.47	342.32
Total Common Shares Outstanding	387.08	382.42	386.42	386.45	386.47	342.32
Working Capital	2,514	2,522	2,726	2,589	2,475	1,482
Book Value Per Share	11.13	11.30	10.69	10.33	9.43	6.91
Tangible Book Value	4,149	4,163	3,979	3,836	3,487	2,209
Tangible Book Value Per Share	10.72	10.89	10.30	9.93	9.02	6.45
Buildings	-	-	889.51	855.07	538.38	400.43
Machinery	-	-	561	510.28	421.82	364.38
Construction In Progress	-	-	108.05	11.32	282.34	160.68

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