SHA:603203 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	475.16	382.57	182.44	154.55	578.12	357.27
Short-Term Investments	-	-	1.41	0.91	-	-
Trading Asset Securities	427.91	463.6	535.12	661.88	344.28	617.23
Cash & Short-Term Investments	903.07	846.18	718.96	817.34	922.41	974.5
Cash Growth	18.04%	17.69%	-12.04%	-11.39%	-5.35%	3.56%
Accounts Receivable	356.98	338.69	386.03	255.05	301.78	223.83
Other Receivables	4.83	7.74	0.84	0.88	0.9	5.11
Receivables	361.8	346.42	386.87	255.93	302.68	228.94
Inventory	414.8	408.21	314.91	227.1	212.87	172.67
Other Current Assets	9.64	7.59	8.27	6.3	9.15	5.51
Total Current Assets	1,689	1,608	1,429	1,307	1,447	1,382
Property, Plant & Equipment	293.78	293.69	263.52	149.84	141.32	114.72
Long-Term Investments	-	136.44	139.15	139.15	134.13	62.5
Goodwill	79.66	79.66	91.31	96.64	96.64	69.01
Other Intangible Assets	42.29	42.65	45.07	47.03	20.5	14.38
Long-Term Deferred Tax Assets	16.27	14.32	16.55	13.97	12.9	8.41
Long-Term Deferred Charges	18.08	18.15	18.11	11.43	12.28	1.66
Other Long-Term Assets	146.61	10.56	10.9	13.53	13.1	14.3
Total Assets	2,286	2,204	2,014	1,778	1,878	1,667
Accounts Payable	381.17	363.92	379.87	197.29	228.17	180.19
Accrued Expenses	120.6	68.12	79.27	67.48	79.3	61.55
Short-Term Debt	-	-	4	5	14.5	6.69
Current Portion of Long-Term Debt	-	2.98	-	-	-	2.14
Current Portion of Leases	-	-	1.67	1.99	1.23	1.18
Current Income Taxes Payable	-	89.41	8.21	3.94	11.2	5.62
Current Unearned Revenue	128.35	134.5	63.74	49.98	44.75	28.24
Other Current Liabilities	93.3	88.24	14.07	23	47.81	63.86
Total Current Liabilities	723.42	747.17	550.83	348.69	426.98	349.47
Long-Term Debt	-	-	-	-	-	1.71
Long-Term Leases	7.56	8.12	1.06	1.54	0.39	2.02
Long-Term Unearned Revenue	17.31	17.65	21.01	24.52	16.02	6.81
Long-Term Deferred Tax Liabilities	4.66	5.26	4.83	4.77	4.63	2.85
Other Long-Term Liabilities	-	-	-	-	-	9.18
Total Liabilities	752.93	778.2	577.73	379.51	448.01	372.04
Common Stock	253.66	253.66	249.15	250.55	249.65	190.88
Additional Paid-In Capital	450.99	439.66	387.47	399.74	386.19	373.96
Retained Earnings	854.25	777.18	800.1	736.81	795.44	770.19
Treasury Stock	-58.82	-58.82	-21	-13.67	-29.41	-46.73
Comprehensive Income & Other	-1.23	-0.41	-0.16	0.14	0.26	0.04
Total Common Equity	1,499	1,411	1,416	1,374	1,402	1,288
Minority Interest	34.23	14.4	20.34	25.16	27.82	6.22
Shareholders' Equity	1,533	1,426	1,436	1,399	1,430	1,295
Total Liabilities & Equity	2,286	2,204	2,014	1,778	1,878	1,667
Total Debt	7.56	11.1	6.73	8.53	16.12	13.74
Net Cash (Debt)	895.52	835.08	712.23	808.81	906.28	960.76
Net Cash Growth	17.40%	17.25%	-11.94%	-10.76%	-5.67%	2.76%
Net Cash Per Share	3.55	3.32	2.85	3.26	3.68	3.91
Filing Date Shares Outstanding	248.62	252.9	248.18	250.55	249.65	248.15
Total Common Shares Outstanding	248.62	252.9	248.18	250.55	249.65	248.15
Working Capital	965.91	861.23	878.18	957.97	1,020	1,032
Book Value Per Share	6.03	5.58	5.70	5.48	5.62	5.19
Tangible Book Value	1,377	1,289	1,279	1,230	1,285	1,205
Tangible Book Value Per Share	5.54	5.10	5.15	4.91	5.15	4.86
Buildings	-	-	173.68	125.2	125.2	125.27
Machinery	-	-	60.71	60.08	79.57	71.54
Construction In Progress	-	-	115.04	43.78	30.08	-

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