SHA:603236 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	2,223	2,377	1,837	1,872	2,199	1,133
Trading Asset Securities	250.64	-	-	-	23.05	-
Cash & Short-Term Investments	2,473	2,377	1,837	1,872	2,222	1,133
Cash Growth	108.05%	29.42%	-1.87%	-15.77%	96.09%	85.58%
Accounts Receivable	5,189	4,556	3,877	2,383	2,519	2,129
Other Receivables	164.26	301.04	945.29	598.38	406.03	449.86
Receivables	5,353	4,857	4,822	2,981	2,926	2,579
Inventory	6,553	5,525	3,260	3,523	3,014	2,699
Other Current Assets	1,221	882.54	144.71	158.18	139.66	183.92
Total Current Assets	15,600	13,642	10,063	8,535	8,301	6,595
Property, Plant & Equipment	2,442	2,619	2,358	2,109	1,378	1,212
Long-Term Investments	104.91	107.14	77.86	73.71	90.88	74.45
Other Intangible Assets	336.18	349.84	374.93	395.55	377.6	118.34
Long-Term Deferred Tax Assets	50.68	45.1	31.13	28.87	21.35	12.94
Long-Term Deferred Charges	96.65	75.73	40.89	67.27	72.41	67.88
Other Long-Term Assets	320.04	75.88	33.88	24.54	33.18	59.65
Total Assets	18,951	16,914	12,980	11,233	10,274	8,140
Accounts Payable	7,317	6,173	5,404	4,058	2,709	2,261
Accrued Expenses	325.79	503.46	385.57	271.06	339.74	282.27
Short-Term Debt	2,242	1,728	730.08	719.56	2,015	1,669
Current Portion of Long-Term Debt	73.6	42.17	786.04	60.36	54.79	14.16
Current Portion of Leases	-	-	30.92	27.89	29.1	15.11
Current Income Taxes Payable	56.02	27.43	0.21	0.17	0.64	-
Current Unearned Revenue	377.7	247.48	227.69	218.7	177.47	88.01
Other Current Liabilities	548.56	376.07	262.06	219.4	199.27	306.08
Total Current Liabilities	10,940	9,098	7,827	5,575	5,525	4,635
Long-Term Debt	503.51	444.26	620.74	1,437	973.03	232.56
Long-Term Leases	459.4	462.75	470.92	557.51	31.07	31.33
Long-Term Unearned Revenue	82.57	86.37	43.19	39.26	24.16	31.53
Long-Term Deferred Tax Liabilities	0.02	0.05	0.06	0.04	0.53	-
Total Liabilities	11,986	10,091	8,962	7,609	6,554	4,931
Common Stock	287.82	287.82	261.66	264.57	188.98	145.37
Additional Paid-In Capital	4,218	4,217	2,023	2,117	2,173	2,196
Retained Earnings	2,531	2,390	1,807	1,315	1,414	898.35
Treasury Stock	-	-	-	-20.85	-	-
Comprehensive Income & Other	-41.72	-42.32	-54.27	-43.36	-55.18	-31.49
Total Common Equity	6,996	6,852	4,037	3,633	3,720	3,208
Minority Interest	-30.87	-28.98	-18.39	-8.37	-0.53	0.84
Shareholders' Equity	6,965	6,823	4,018	3,624	3,720	3,209
Total Liabilities & Equity	18,951	16,914	12,980	11,233	10,274	8,140
Total Debt	3,278	2,677	2,639	2,802	3,103	1,962
Net Cash (Debt)	-804.94	-300.05	-801.97	-930.46	-881.17	-829.03
Net Cash Per Share	-3.00	-1.15	-3.04	-3.49	-3.33	-3.18
Filing Date Shares Outstanding	288.42	260.47	261.66	264.13	264.57	264.57
Total Common Shares Outstanding	288.42	260.47	261.66	264.13	264.57	264.57
Working Capital	4,660	4,544	2,236	2,959	2,776	1,960
Book Value Per Share	24.25	26.31	15.43	13.75	14.06	12.13
Tangible Book Value	6,659	6,502	3,662	3,237	3,343	3,090
Tangible Book Value Per Share	23.09	24.96	14.00	12.26	12.63	11.68
Buildings	-	-	305.73	305.73	305.73	305.73
Machinery	-	-	1,760	1,591	1,380	1,095
Construction In Progress	-	-	440.39	101.98	98.4	30.36

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