SHA:603308 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	773.62	671.39	299.13	254.63	463.41	484.82
Cash & Short-Term Investments	773.62	671.39	299.13	254.63	463.41	484.82
Cash Growth	115.90%	124.45%	17.47%	-45.05%	-4.42%	6.33%
Accounts Receivable	1,309	1,050	1,122	1,075	1,006	972.9
Other Receivables	30.31	20.28	46.35	12.92	13.35	2.92
Receivables	1,339	1,071	1,169	1,088	1,019	975.82
Inventory	2,441	2,456	2,088	1,857	1,431	1,270
Prepaid Expenses	-	2.33	2.94	2.23	3	2.06
Other Current Assets	326.21	263.87	183.19	117.8	965.38	686.74
Total Current Assets	4,880	4,464	3,742	3,320	3,881	3,419
Property, Plant & Equipment	6,302	6,052	5,491	4,864	4,584	4,947
Long-Term Investments	72.71	53.46	43.88	41.58	42.76	40.14
Other Intangible Assets	976.4	998.7	707.61	707.08	662.28	632.4
Long-Term Accounts Receivable	-	144.74	148.33	146.53	150.82	157.29
Long-Term Deferred Tax Assets	191.27	191.95	207.91	189.58	185.23	125.68
Long-Term Deferred Charges	149.6	143.12	403.45	398.5	393.44	309.87
Other Long-Term Assets	1,316	1,069	807.32	807.32	-	1.74
Total Assets	13,889	13,117	11,552	10,475	9,899	9,633
Accounts Payable	1,169	1,108	1,021	789.27	762.26	653.42
Accrued Expenses	55.29	122.83	102.2	101.42	90.88	117.33
Short-Term Debt	868.97	666.45	1,150	1,306	1,754	2,408
Current Portion of Long-Term Debt	804.53	914.28	879.84	380.58	136.48	365.52
Current Portion of Leases	-	2.32	3.97	4.07	3.63	1.79
Current Income Taxes Payable	39.57	10.16	7.35	4.67	35.52	5.69
Current Unearned Revenue	215.32	245.47	185.28	83.8	60.04	17.42
Other Current Liabilities	39.42	179.36	134.34	102.76	102.31	76.9
Total Current Liabilities	3,192	3,249	3,483	2,773	2,945	3,646
Long-Term Debt	4,464	3,724	2,235	2,008	1,341	184.32
Long-Term Leases	5.94	412.53	472.67	165.37	131.63	181.18
Long-Term Unearned Revenue	235.71	250.49	274.85	333.25	390.28	416.82
Long-Term Deferred Tax Liabilities	21.55	20.43	17.09	18.16	22.69	3.5
Other Long-Term Liabilities	390.31	0.95	1.51	241.41	300	755.96
Total Liabilities	8,309	7,658	6,485	5,539	5,131	5,188
Common Stock	679.04	679.04	679.04	683.15	683.15	683.15
Additional Paid-In Capital	1,888	1,888	1,888	1,936	1,936	1,936
Retained Earnings	2,403	2,283	1,982	1,777	1,594	1,263
Treasury Stock	-	-	-	-10	-	-
Comprehensive Income & Other	212.16	203.52	78.07	76.95	58.1	53.72
Total Common Equity	5,182	5,054	4,627	4,463	4,272	3,936
Minority Interest	397.52	405.23	440.57	472.65	496.7	509.38
Shareholders' Equity	5,580	5,459	5,068	4,936	4,768	4,445
Total Liabilities & Equity	13,889	13,117	11,552	10,475	9,899	9,633
Total Debt	6,143	5,720	4,741	3,864	3,367	3,141
Net Cash (Debt)	-5,369	-5,049	-4,442	-3,610	-2,904	-2,656
Net Cash Per Share	-7.83	-7.39	-6.51	-5.24	-4.26	-3.91
Filing Date Shares Outstanding	667.58	679.04	679.04	679.04	683.15	683.15
Total Common Shares Outstanding	667.58	679.04	679.04	682.44	683.15	683.15
Working Capital	1,688	1,215	258.76	547.01	936.22	-227.28
Book Value Per Share	7.76	7.44	6.81	6.54	6.25	5.76
Tangible Book Value	4,206	4,055	3,919	3,756	3,609	3,303
Tangible Book Value Per Share	6.30	5.97	5.77	5.50	5.28	4.84
Buildings	-	2,764	2,642	1,743	1,506	2,064
Machinery	-	3,185	2,779	2,672	2,568	2,812
Construction In Progress	-	1,684	1,389	1,558	1,405	1,486

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