SHA:603227 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	439.38	690.9	1,004	890.36	1,232	817.22
Short-Term Investments	-	74.31	-	-	-	-
Trading Asset Securities	300	-	-	-	3.87	3.79
Cash & Short-Term Investments	739.38	765.21	1,004	890.36	1,236	821.01
Cash Growth	-35.19%	-23.80%	12.79%	-27.96%	50.54%	148.52%
Accounts Receivable	2,455	2,235	1,655	1,359	1,546	1,567
Other Receivables	170.12	170.72	77.73	69.9	66.04	62.2
Receivables	2,625	2,406	1,733	1,429	1,612	1,630
Inventory	428.78	458.66	447.79	504.59	618.7	520
Prepaid Expenses	-	2.83	5.04	0.64	21.23	0.7
Other Current Assets	419.96	245.76	290.85	246.36	381.46	499.48
Total Current Assets	4,213	3,878	3,480	3,071	3,869	3,471
Property, Plant & Equipment	3,238	3,307	3,337	3,515	3,410	3,670
Long-Term Investments	115.04	103.79	88.5	78.78	78.48	78.7
Goodwill	246.49	246.49	20.98	20.98	20.98	20.98
Other Intangible Assets	587.04	593.38	557.79	571.71	571.54	534.92
Long-Term Accounts Receivable	-	-	-	0.11	0.84	1.54
Long-Term Deferred Tax Assets	133.6	132.86	110.6	126.21	137.94	150.73
Long-Term Deferred Charges	42.09	46.85	40.4	36.34	33.66	21.16
Other Long-Term Assets	283.81	304.39	253.89	232.41	221.28	40.79
Total Assets	8,859	8,612	7,890	7,653	8,344	7,989
Accounts Payable	626.35	497.4	470.8	482.67	604.75	412.57
Accrued Expenses	34.29	187.71	175.38	250.83	92.29	158.31
Short-Term Debt	500.78	454.22	121.18	492.01	856.75	957.26
Current Portion of Long-Term Debt	166.64	198.76	311.5	43.43	50.16	57.25
Current Portion of Leases	-	0.79	1.31	2.07	2.19	1.29
Current Income Taxes Payable	57.29	1.47	3.19	-	25.87	83.2
Current Unearned Revenue	254.61	123.27	88.7	102.81	152.95	258.68
Other Current Liabilities	550.68	615.08	427.28	309.44	1,478	1,175
Total Current Liabilities	2,191	2,079	1,599	1,683	3,263	3,104
Long-Term Debt	227.81	138.2	233.81	335.9	200	377.64
Long-Term Leases	2.16	1.76	1.86	1.42	1.69	3.33
Long-Term Unearned Revenue	129.95	133.8	147.26	167.6	193.35	219.33
Long-Term Deferred Tax Liabilities	50.17	50.75	50.73	59.36	59.98	49.16
Other Long-Term Liabilities	68.72	69.45	60.39	63.28	60.31	99.8
Total Liabilities	2,669	2,473	2,093	2,311	3,778	3,853
Common Stock	1,072	1,072	1,072	1,072	966.57	724.57
Additional Paid-In Capital	1,571	1,571	1,574	1,574	1,189	807.17
Retained Earnings	2,532	2,486	2,196	1,796	1,103	784.66
Comprehensive Income & Other	49.9	34.59	64.56	44.25	36.27	20.9
Total Common Equity	5,224	5,163	4,907	4,486	3,295	2,337
Minority Interest	965.32	976.24	889.51	856.29	1,271	1,799
Shareholders' Equity	6,190	6,140	5,797	5,342	4,566	4,136
Total Liabilities & Equity	8,859	8,612	7,890	7,653	8,344	7,989
Total Debt	897.39	793.72	669.67	874.82	1,111	1,397
Net Cash (Debt)	-158.01	-28.52	334.53	15.53	125.12	-575.76
Net Cash Growth	-	-	2053.58%	-87.59%	-	-
Net Cash Per Share	-0.15	-0.03	0.31	0.01	0.15	-0.71
Filing Date Shares Outstanding	1,072	1,072	1,072	1,072	1,072	724.57
Total Common Shares Outstanding	1,072	1,072	1,072	1,072	966.57	724.57
Working Capital	2,023	1,799	1,881	1,388	606.8	367.06
Book Value Per Share	4.87	4.82	4.58	4.19	3.41	3.23
Tangible Book Value	4,391	4,324	4,328	3,893	2,702	1,781
Tangible Book Value Per Share	4.10	4.03	4.04	3.63	2.80	2.46
Buildings	-	2,583	2,447	2,388	2,217	2,205
Machinery	-	4,173	4,006	3,932	3,680	3,603
Construction In Progress	-	86.31	23.69	25.85	103.26	212.55

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.