SHA:603266 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	301.36	333.02	213.34	266.59	220.48	117.94
Short-Term Investments	-	-	-	-	-	142.2
Trading Asset Securities	180	185	250	120.19	80.12	65
Cash & Short-Term Investments	481.36	518.02	463.34	386.78	300.6	325.14
Cash Growth	-4.91%	11.80%	19.79%	28.67%	-7.55%	-0.39%
Accounts Receivable	659.66	698.09	652.58	585.12	556.98	516.68
Other Receivables	3.4	2.6	2.9	1.75	1.25	3.46
Receivables	663.06	700.68	655.49	586.87	558.23	520.13
Inventory	239.01	239.47	235.59	264.37	269.81	251.78
Prepaid Expenses	-	-	-	-	0.59	-
Other Current Assets	10.89	10.45	8.64	9.74	19.37	9.92
Total Current Assets	1,394	1,469	1,363	1,248	1,149	1,107
Property, Plant & Equipment	304.27	304.61	306.69	320.85	350.18	314.4
Long-Term Investments	378.31	381.56	370.46	425.13	392.32	274.75
Other Intangible Assets	21.54	22.61	21.85	6.8	6.67	5.55
Long-Term Deferred Tax Assets	14.13	15.09	16.5	19.01	23.43	7.79
Long-Term Deferred Charges	3.42	3.84	4.91	8.26	7.55	7.59
Other Long-Term Assets	97.6	11.83	8.45	3.66	6.21	4.51
Total Assets	2,214	2,208	2,092	2,031	1,935	1,722
Accounts Payable	438.25	467.17	421.27	402.35	355.46	333.67
Accrued Expenses	36.63	36.02	45.83	45.59	53.73	49.9
Short-Term Debt	9.96	-	-	-	-	-
Current Portion of Long-Term Debt	17.61	18.57	-	-	-	-
Current Portion of Leases	-	-	17.94	18.39	18.4	18.28
Current Income Taxes Payable	7.53	6.86	5.81	3.29	0.32	1.01
Current Unearned Revenue	13.05	9.66	5.99	10.52	12.4	13.18
Other Current Liabilities	1.14	1.09	18.12	29.27	20.96	17.94
Total Current Liabilities	524.16	539.36	514.97	509.41	461.27	433.98
Long-Term Leases	30.88	33.93	36.48	52.99	73.18	46.42
Long-Term Unearned Revenue	3.54	3.5	5.14	6.97	7.15	7.85
Long-Term Deferred Tax Liabilities	32.27	32.66	35.5	40.67	50.63	24.61
Total Liabilities	590.86	609.44	592.09	610.04	592.24	512.86
Common Stock	198.89	198.89	198.89	198.89	198.89	198.91
Additional Paid-In Capital	289.72	289.72	261.74	261.35	261.35	261.37
Retained Earnings	1,012	982.51	910.23	823.63	719.98	618.66
Treasury Stock	-	-	-	-	-	-5.89
Comprehensive Income & Other	121.8	127.61	128.96	137.57	162.52	135.64
Total Common Equity	1,623	1,599	1,500	1,421	1,343	1,209
Shareholders' Equity	1,623	1,599	1,500	1,421	1,343	1,209
Total Liabilities & Equity	2,214	2,208	2,092	2,031	1,935	1,722
Total Debt	58.45	52.49	54.43	71.38	91.58	64.7
Net Cash (Debt)	422.9	465.53	408.91	315.4	209.02	260.45
Net Cash Growth	-7.25%	13.85%	29.65%	50.90%	-19.75%	-20.21%
Net Cash Per Share	2.11	2.33	2.04	1.58	1.05	1.30
Filing Date Shares Outstanding	198.71	209.95	198.89	198.89	198.89	198.91
Total Common Shares Outstanding	198.71	209.95	198.89	198.89	198.89	198.91
Working Capital	870.16	929.27	848.09	738.35	687.33	672.99
Book Value Per Share	8.17	7.61	7.54	7.15	6.75	6.08
Tangible Book Value	1,601	1,576	1,478	1,415	1,336	1,203
Tangible Book Value Per Share	8.06	7.51	7.43	7.11	6.72	6.05
Buildings	-	-	47.48	48.12	62.11	44.18
Machinery	-	-	614.01	597.32	556.46	509.27
Construction In Progress	-	-	45.58	9.35	15.17	15.97

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