SHA:603220 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	767.59	903.03	742.39	1,166	882.47	771.03
Cash & Short-Term Investments	1,720	903.03	742.39	1,166	882.47	771.03
Cash Growth	210.91%	21.64%	-36.32%	32.10%	14.45%	-7.78%
Accounts Receivable	2,078	2,261	2,267	2,146	2,138	2,034
Other Receivables	162.34	165.39	134.97	83.49	93.58	49.88
Receivables	2,240	2,427	2,402	2,230	2,231	2,084
Inventory	709.41	438.39	402.62	490	483.45	393.8
Prepaid Expenses	-	4.92	6.1	10.68	4.5	6.63
Other Current Assets	175.75	75.69	170.33	55.33	36.01	39.24
Total Current Assets	4,846	3,849	3,723	3,952	3,638	3,294
Property, Plant & Equipment	3,341	3,057	2,786	659.22	436.6	312.69
Long-Term Investments	405.37	146.71	139.56	144.65	8	68.81
Goodwill	158.74	158.74	158.74	158.74	158.74	158.74
Other Intangible Assets	49.57	50.17	53.83	35.17	21.24	21.6
Long-Term Accounts Receivable	472.56	494.45	610.26	447.4	226.97	126.98
Long-Term Deferred Tax Assets	73.35	68.27	55.13	46.64	43.53	39.81
Long-Term Deferred Charges	3.88	4.25	6.24	4.48	4.12	6.24
Other Long-Term Assets	600.78	718.44	554.97	691.92	94.47	104.44
Total Assets	9,951	8,546	8,088	6,140	4,632	4,134
Accounts Payable	1,308	1,807	1,805	1,852	1,703	1,617
Accrued Expenses	19.57	98.07	97.61	166.46	185.91	188.14
Short-Term Debt	1,592	1,379	988	1,026	526	220.65
Current Portion of Long-Term Debt	-	438	195.11	145.05	31.06	10.56
Current Portion of Leases	-	164.73	103.17	3.58	2.69	4.67
Current Income Taxes Payable	91.94	41.27	33.34	23.31	14.2	18.25
Current Unearned Revenue	120.13	72.85	90.52	153.14	147.76	84.48
Other Current Liabilities	1,153	532.23	452.42	43.69	38.34	59.09
Total Current Liabilities	4,284	4,534	3,765	3,413	2,649	2,203
Long-Term Debt	1,157	1,243	1,335	712.06	112.6	134.89
Long-Term Leases	172.56	206.18	196.6	2.29	4	6.26
Long-Term Unearned Revenue	2.85	2.87	2.96	3.04	3.1	3.1
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.56
Other Long-Term Liabilities	283.09	388.35	671.42	-	-	-
Total Liabilities	5,900	6,374	5,971	4,131	2,768	2,348
Common Stock	536.35	434.26	433.98	335.24	336.37	337.76
Additional Paid-In Capital	2,358	569.58	563.69	679.05	721.65	734.75
Retained Earnings	980.7	980.71	947.1	851.98	754.7	699.92
Treasury Stock	-	-	-	-16.85	-30.32	-46.89
Comprehensive Income & Other	62.55	72.46	95.43	90.55	1.74	-15.27
Total Common Equity	3,938	2,057	2,040	1,940	1,784	1,710
Minority Interest	112.81	115.3	77.31	69.3	78.97	75.55
Shareholders' Equity	4,051	2,172	2,118	2,009	1,863	1,786
Total Liabilities & Equity	9,951	8,546	8,088	6,140	4,632	4,134
Total Debt	2,922	3,431	2,817	1,889	676.36	377.04
Net Cash (Debt)	-1,201	-2,528	-2,075	-723	206.11	393.99
Net Cash Growth	-	-	-	-	-47.69%	-40.38%
Net Cash Per Share	-2.24	-5.82	-4.78	-1.67	0.47	0.90
Filing Date Shares Outstanding	536.35	434.26	433.98	423.76	433.66	433.97
Total Common Shares Outstanding	536.35	434.26	433.98	423.76	433.66	433.97
Working Capital	561.78	-685.01	-42.11	538.43	989.14	1,091
Book Value Per Share	7.34	4.74	4.70	4.58	4.11	3.94
Tangible Book Value	3,730	1,848	1,828	1,746	1,604	1,530
Tangible Book Value Per Share	6.95	4.26	4.21	4.12	3.70	3.53
Buildings	-	449.49	220.11	234.97	196.3	145.61
Machinery	-	2,406	1,785	355.65	187.41	160.71
Construction In Progress	-	356.01	794.93	206.41	164.86	104.08