SHA:603331 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	182.61	167.9	225.21	387.86	113.23	133.06
Trading Asset Securities	-	-	-	-	-	1.44
Cash & Short-Term Investments	182.61	167.9	225.21	387.86	113.23	134.5
Cash Growth	-32.90%	-25.45%	-41.93%	242.54%	-15.82%	-30.55%
Accounts Receivable	562.59	529.54	551.68	435.68	420.67	460.04
Other Receivables	30.59	22.97	11.02	1.44	1.24	1.37
Receivables	593.18	552.5	562.7	437.12	421.91	461.41
Inventory	403.57	404.58	378.15	355.9	349.37	337.46
Other Current Assets	26.38	32.86	51.71	68.71	30.22	10.68
Total Current Assets	1,206	1,158	1,218	1,250	914.73	944.04
Property, Plant & Equipment	1,778	1,718	1,870	1,902	1,115	1,050
Long-Term Investments	2.41	2.4	-	-	-	-
Other Intangible Assets	145.5	146.74	102.45	66.74	68.55	78.29
Long-Term Deferred Tax Assets	-0.05	0.14	59.43	26.4	11.35	15.38
Long-Term Deferred Charges	0.31	0.41	0.84	0.78	-	-
Other Long-Term Assets	24.4	17.45	6.26	4.84	2.74	3.97
Total Assets	3,156	3,043	3,257	3,251	2,113	2,091
Accounts Payable	566.93	580.86	333.56	532.54	182.29	179.81
Accrued Expenses	23.14	33.89	106.12	65.9	54.87	61.29
Short-Term Debt	392.87	317.7	478.6	447.16	427.24	465.13
Current Portion of Long-Term Debt	298.97	314.77	47.14	22.14	-	15.02
Current Portion of Leases	-	-	-	2.47	3.04	2.83
Current Income Taxes Payable	12.29	19.82	13.71	23.7	6.06	3.19
Current Unearned Revenue	0.7	1.09	2.2	1.16	2.3	2.32
Other Current Liabilities	153.28	155.97	385.54	356.75	84.07	63.84
Total Current Liabilities	1,448	1,424	1,367	1,452	759.87	793.43
Long-Term Debt	237.81	166.16	140.86	104.5	249.52	237.56
Long-Term Leases	-	-	161.48	110.4	2.43	5.48
Long-Term Unearned Revenue	228.07	229.77	219.24	195.51	47.12	32.87
Long-Term Deferred Tax Liabilities	68.05	66.35	59.4	61.99	49.57	50.89
Other Long-Term Liabilities	163.15	144.5	-	-	-	-
Total Liabilities	2,145	2,031	1,948	1,924	1,109	1,120
Common Stock	202.18	202.18	202.18	202.47	178.17	178.16
Additional Paid-In Capital	513.09	513.09	513.09	515.24	249.17	244.05
Retained Earnings	326.58	325.97	567.78	575.19	456.08	433.12
Treasury Stock	-	-	-	-7.99	-12.8	-19.89
Comprehensive Income & Other	-	-	-	-	59.89	59.91
Total Common Equity	1,042	1,041	1,283	1,285	930.51	895.34
Minority Interest	-31.08	-29.03	26.37	41.69	73.75	75.63
Shareholders' Equity	1,011	1,012	1,309	1,327	1,004	970.98
Total Liabilities & Equity	3,156	3,043	3,257	3,251	2,113	2,091
Total Debt	929.64	798.63	828.08	686.67	682.23	726.02
Net Cash (Debt)	-747.03	-630.72	-602.87	-298.81	-569	-591.52
Net Cash Per Share	-3.68	-3.13	-2.99	-1.53	-3.21	-3.35
Filing Date Shares Outstanding	202.19	208.35	202.18	202.47	178.17	178.16
Total Common Shares Outstanding	202.19	208.35	202.18	202.47	178.17	178.16
Working Capital	-242.41	-266.26	-149.08	-202.23	154.86	150.61
Book Value Per Share	5.15	5.00	6.35	6.35	5.22	5.03
Tangible Book Value	896.34	894.5	1,181	1,218	861.96	817.06
Tangible Book Value Per Share	4.43	4.29	5.84	6.02	4.84	4.59
Buildings	-	-	675.83	663.14	543.54	510.9
Machinery	-	-	1,108	994.8	925.82	859.81
Construction In Progress	-	-	663.16	713.65	139.99	101.52

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