SHA:603338 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	4,730	4,733	5,078	4,397	3,522	3,514
Trading Asset Securities	389.4	640.7	208.73	178.79	280	50
Cash & Short-Term Investments	5,120	5,374	5,287	4,575	3,802	3,564
Cash Growth	5.09%	1.65%	15.55%	20.34%	6.67%	93.50%
Accounts Receivable	3,573	4,137	3,502	3,519	3,118	2,311
Other Receivables	143.42	209.63	185.59	113.73	68.25	89.58
Receivables	3,716	4,346	3,688	3,633	3,186	2,400
Inventory	2,805	2,902	2,342	1,921	1,795	1,387
Other Current Assets	1,243	67.79	48.51	10.25	38.05	41.92
Total Current Assets	12,884	12,690	11,365	10,140	8,821	7,394
Property, Plant & Equipment	2,424	2,445	1,909	1,841	1,412	949.46
Long-Term Investments	22.97	28.57	40.87	950.11	391.64	378.83
Goodwill	134.9	137.03	140.14	-	-	-
Other Intangible Assets	733.65	746.24	783.59	388.7	396.36	233.75
Long-Term Accounts Receivable	-	1,160	1,017	882.73	601.62	584.08
Long-Term Deferred Tax Assets	143.97	144.57	83.52	2.53	30.18	12.11
Long-Term Deferred Charges	1.86	2.09	2.94	2.35	2.36	2.04
Other Long-Term Assets	1,101	1.05	10.84	-	146.36	20.36
Total Assets	17,446	17,354	15,354	14,207	11,802	9,574
Accounts Payable	3,444	3,908	3,076	2,971	2,381	1,868
Accrued Expenses	62.16	204.89	117.38	99.83	76.17	220.93
Short-Term Debt	260.07	90.8	110.07	107.75	335.08	449.35
Current Portion of Long-Term Debt	419.51	378.09	553.31	712.26	439.59	420.84
Current Portion of Leases	-	16.68	10.68	6.36	2.7	3.04
Current Income Taxes Payable	486.62	294.44	344.01	273.95	207.56	137.48
Current Unearned Revenue	31.37	45.95	108.16	24.99	28.96	17.94
Other Current Liabilities	222.62	277.59	203.07	239.35	281.99	26.57
Total Current Liabilities	4,927	5,216	4,523	4,435	3,753	3,144
Long-Term Debt	270.08	313.53	378.06	493.1	740.09	301.71
Long-Term Leases	112.85	120.99	44.36	6.85	1.58	4.01
Long-Term Unearned Revenue	272.73	276.38	246.8	191.12	183.11	107.77
Long-Term Deferred Tax Liabilities	0.26	0.43	13.7	16.49	-	-
Other Long-Term Liabilities	16.59	17.31	110.03	99.02	58.97	38.45
Total Liabilities	5,599	5,945	5,316	5,242	4,737	3,596
Common Stock	506.35	506.35	506.35	506.35	506.35	506.35
Additional Paid-In Capital	2,390	2,390	2,390	2,354	2,368	2,374
Retained Earnings	9,036	8,583	7,197	5,797	4,183	3,098
Comprehensive Income & Other	-88.6	-72.99	-58.67	307.54	7.88	-0.15
Total Common Equity	11,844	11,407	10,035	8,965	7,065	5,978
Minority Interest	2.92	2.8	2.9	-	-	-
Shareholders' Equity	11,847	11,409	10,038	8,965	7,065	5,978
Total Liabilities & Equity	17,446	17,354	15,354	14,207	11,802	9,574
Total Debt	1,063	920.1	1,096	1,326	1,519	1,179
Net Cash (Debt)	4,057	4,454	4,190	3,249	2,283	2,385
Net Cash Growth	8.15%	6.29%	28.97%	42.31%	-4.29%	68.18%
Net Cash Per Share	7.99	8.79	8.28	6.42	4.50	4.91
Filing Date Shares Outstanding	508.88	506.35	506.35	506.35	506.35	506.35
Total Common Shares Outstanding	508.88	506.35	506.35	506.35	506.35	506.35
Working Capital	7,958	7,474	6,843	5,705	5,068	4,249
Book Value Per Share	23.27	22.53	19.82	17.71	13.95	11.81
Tangible Book Value	10,975	10,523	9,112	8,577	6,669	5,744
Tangible Book Value Per Share	21.57	20.78	17.99	16.94	13.17	11.34
Land	-	10.94	11.19	-	-	-
Buildings	-	-	-	915.46	562.65	484.35
Machinery	-	1,377	1,266	1,123	699.07	566.42
Construction In Progress	-	544.13	58.35	214.59	461.44	114.61

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