SHA:603237 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	548.81	477.82	519.92	626.75	903.27	252.24
Short-Term Investments	-	-	-	-	50	-
Trading Asset Securities	200.31	150	31.01	-	-	-
Cash & Short-Term Investments	749.13	627.82	550.92	626.75	953.27	252.24
Cash Growth	6.41%	13.96%	-12.10%	-34.25%	277.93%	-58.39%
Accounts Receivable	65.69	64.28	42.58	84.28	53.77	42.38
Other Receivables	25.39	24.27	18.44	25.06	22.05	30.15
Receivables	91.08	88.55	61.01	109.34	75.83	72.53
Inventory	324.28	161.67	217.27	197.95	261.62	315.11
Prepaid Expenses	-	-	1.18	1.96	2.06	2.57
Other Current Assets	79.47	62.43	55.45	58.54	33.05	60.89
Total Current Assets	1,244	940.47	885.83	994.53	1,326	703.34
Property, Plant & Equipment	1,244	1,232	1,208	1,162	863.48	817.78
Long-Term Investments	2.68	0.23	0.25	0.23	0.84	0.23
Other Intangible Assets	68	69.09	72.08	68.2	73.16	90.36
Long-Term Deferred Tax Assets	10.8	9.37	8.47	10.41	15.61	11.97
Long-Term Deferred Charges	37.47	38.98	33.25	46.13	48.73	48.42
Other Long-Term Assets	22.04	22.57	50.41	53.94	54.45	59.08
Total Assets	2,629	2,313	2,259	2,336	2,382	1,731
Accounts Payable	241.2	234.15	106.14	93.86	124.19	139.82
Accrued Expenses	38.89	46.48	100.14	110.54	106.98	117.97
Short-Term Debt	20	-	0.5	-	-	-
Current Portion of Long-Term Debt	51.5	46.43	-	-	-	-
Current Portion of Leases	-	-	40.98	43.53	52.36	61.76
Current Income Taxes Payable	5.85	14.55	0.46	1.8	12.28	10.99
Current Unearned Revenue	310.99	82.71	80.65	81.48	76.66	80.41
Other Current Liabilities	220.46	110.28	148.57	165.99	178.29	198.05
Total Current Liabilities	888.9	534.59	477.45	497.19	550.76	609
Long-Term Debt	10	-	-	-	-	92.26
Long-Term Leases	85.24	78.26	44.8	59.7	120.64	149.63
Long-Term Unearned Revenue	22.53	23.13	16.49	12	8.51	7.5
Long-Term Deferred Tax Liabilities	0.63	0.02	0.05	0.2	0.64	-
Other Long-Term Liabilities	-	-	-	-	21.64	21.64
Total Liabilities	1,007	636	538.8	569.1	702.2	880.04
Common Stock	197.07	197.07	198.27	143.76	100.74	75.56
Additional Paid-In Capital	1,018	1,090	1,111	1,185	1,133	396.51
Retained Earnings	496.35	553.64	528.78	525.68	442.14	375.77
Treasury Stock	-93.35	-167.67	-120.98	-91.42	-	-
Comprehensive Income & Other	1.48	1.55	1.15	1.32	1.34	1.42
Total Common Equity	1,620	1,675	1,718	1,764	1,677	849.26
Minority Interest	1.63	1.74	2.1	2.61	2.68	1.88
Shareholders' Equity	1,621	1,677	1,720	1,767	1,680	851.14
Total Liabilities & Equity	2,629	2,313	2,259	2,336	2,382	1,731
Total Debt	166.74	124.7	86.28	103.22	173	303.64
Net Cash (Debt)	582.39	503.13	464.64	523.53	780.27	-51.41
Net Cash Growth	-4.47%	8.28%	-11.25%	-32.90%	-	-
Net Cash Per Share	3.01	2.61	2.39	2.65	4.71	-0.35
Filing Date Shares Outstanding	190.96	195.6	194.66	197.76	197.46	148.09
Total Common Shares Outstanding	190.96	195.6	194.66	198.71	197.46	148.09
Working Capital	355.06	405.88	408.38	497.34	775.06	94.34
Book Value Per Share	8.48	8.56	8.82	8.88	8.49	5.73
Tangible Book Value	1,552	1,606	1,646	1,696	1,604	758.9
Tangible Book Value Per Share	8.13	8.21	8.45	8.53	8.12	5.12
Buildings	-	-	1,062	999.57	650.89	294.02
Machinery	-	-	272.88	239.55	195.15	214.21
Construction In Progress	-	-	66.71	54.07	56.24	352.65

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