SHA:603230 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	740.34	783.22	922.83	1,565	1,449	2,171
Short-Term Investments	-	50	-	-	-	-
Trading Asset Securities	1,639	1,739	1,586	1,211	902.62	-
Cash & Short-Term Investments	2,379	2,572	2,509	2,776	2,352	2,171
Cash Growth	2.50%	2.53%	-9.61%	18.01%	8.36%	126.19%
Accounts Receivable	489.74	318.27	389.57	405.35	487.32	316.68
Other Receivables	18.56	11.55	13.94	4.43	5.46	6.51
Receivables	508.29	329.82	403.5	409.78	492.78	323.2
Inventory	118.68	108.92	120.59	110.11	98.15	145.64
Prepaid Expenses	-	0.23	50.31	0.23	0	0.13
Other Current Assets	104.17	43.62	41.2	38.25	25.28	33.69
Total Current Assets	3,111	3,055	3,125	3,334	2,968	2,673
Property, Plant & Equipment	1,215	1,241	1,251	693.7	711.86	671.28
Long-Term Investments	0.52	0.52	0.52	0.52	0.52	0.52
Other Intangible Assets	126.32	128.79	133.92	115.03	120.26	120.78
Long-Term Deferred Tax Assets	0.05	0.05	0.1	0.04	0	0
Long-Term Deferred Charges	10.56	10.88	13.31	0.23	-	-
Other Long-Term Assets	72.79	55.03	73.15	260.18	225.94	145.94
Total Assets	4,536	4,492	4,597	4,404	4,027	3,612
Accounts Payable	1,061	1,020	1,112	1,065	988.36	842.08
Accrued Expenses	107.14	185.19	243.59	274.44	237.21	200.17
Current Portion of Leases	-	0.12	0.09	0.24	0.27	0.14
Current Income Taxes Payable	7.28	0.36	0.46	0.03	0.01	-
Current Unearned Revenue	178.7	194.98	150.24	157.54	139.27	137.52
Other Current Liabilities	81.66	54.03	50.26	38.35	33.59	28.4
Total Current Liabilities	1,435	1,455	1,557	1,536	1,399	1,208
Long-Term Leases	-	0.11	0.09	0.22	0.5	0.31
Long-Term Unearned Revenue	256.73	255.08	273.28	291.51	314.24	335.01
Other Long-Term Liabilities	10.13	10.13	10.64	-	-	-
Total Liabilities	1,702	1,720	1,841	1,828	1,713	1,544
Common Stock	353.52	353.52	353.52	353.52	353.52	353.52
Additional Paid-In Capital	889.14	889.14	877.1	877.1	877.1	877.1
Retained Earnings	1,588	1,526	1,521	1,342	1,080	835.4
Comprehensive Income & Other	-	-	-0.08	-0.3	-0.59	-0.73
Total Common Equity	2,831	2,769	2,752	2,572	2,310	2,065
Minority Interest	2.83	2.91	4.31	3.59	3.08	2.87
Shareholders' Equity	2,834	2,772	2,756	2,576	2,313	2,068
Total Liabilities & Equity	4,536	4,492	4,597	4,404	4,027	3,612
Total Debt	0.07	0.23	0.18	0.46	0.77	0.45
Net Cash (Debt)	2,379	2,572	2,509	2,775	2,351	2,170
Net Cash Growth	2.51%	2.53%	-9.60%	18.03%	8.34%	126.14%
Net Cash Per Share	6.70	7.21	7.12	7.85	6.67	8.17
Filing Date Shares Outstanding	345.44	353.52	353.52	353.52	353.52	353.52
Total Common Shares Outstanding	345.44	353.52	353.52	353.52	353.52	353.52
Working Capital	1,675	1,601	1,568	1,798	1,570	1,465
Book Value Per Share	8.20	7.83	7.78	7.28	6.53	5.84
Tangible Book Value	2,705	2,640	2,618	2,457	2,190	1,945
Tangible Book Value Per Share	7.83	7.47	7.40	6.95	6.19	5.50
Buildings	-	1,556	1,501	800.73	813.14	725.2
Machinery	-	110.2	105.22	129.8	100.24	97.65
Construction In Progress	-	63.84	66.4	36.91	41.77	64.13

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